In the latest trading session,, 1.57 million Joby Aviation Inc (NYSE:JOBY) shares changed hands as the company’s beta touched 2.32. With the company’s most recent per share price at $6.86 changed hands at -$0.11 or -1.58% at last look, the market valuation stands at $5.43B. JOBY’s current price is a discount, trading about -56.27% off its 52-week high of $10.72. The share price had its 52-week low at $4.66, which suggests the last value was 32.07% up since then.
Analysts gave the Joby Aviation Inc (JOBY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.56. If we narrow down to specifics, the data shows that 1 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended JOBY as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight.
Joby Aviation Inc (NYSE:JOBY) trade information
Instantly JOBY was in red as seen in intraday trades today. With action -4.32%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -15.62%, with the 5-day performance at -4.32% in the red. However, in the 30-day time frame, Joby Aviation Inc (NYSE:JOBY) is 16.47% up.
The consensus price target for the stock as assigned by Wall Street analysts is 10.25, meaning bulls need an upside of 33.07% from its recent market value. According to analyst projections, JOBY’s forecast low is 9 with 11.5 as the target high. To hit the forecast high, the stock’s price needs a -67.64% plunge from its current level, while the stock would need to soar -31.2% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 5.69%. The 2025 estimates are for Joby Aviation Inc earnings to increase by 23.58%, but the outlook for the next 5-year period is at 11.23% per year.
JOBY Dividends
Joby Aviation Inc is expected to release its next quarterly earnings report in June.
BAILLIE GIFFORD & CO holds the second largest percentage of outstanding shares, with 7.6698% or 52.87 million shares worth $269.63 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . With 14.26 shares estimated at $97.48 million under it, the former controlled 1.80% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 1.48% of the shares, roughly 11.69 shares worth around $79.92 million.
