In today’s recent session, 44.92 million shares of the Joby Aviation Inc (NYSE:JOBY) have been traded, and its beta is 2.31. Most recently the company’s share price was $8.57, and it changed around $1.69 or 24.58% from the last close, which brings the market valuation of the company to $6.79B. JOBY at last check was trading at a discount to its 52-week high of $10.72, offering almost -25.09% off that amount. The share price’s 52-week low was $4.66, which indicates that the recent value has risen by an impressive 45.62% since then. We note from Joby Aviation Inc’s average daily trading volume that its 10-day average is 12.3 million shares, with the 3-month average coming to 11.68 million.
Joby Aviation Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.56. If we narrow it down even further, the data shows that 1 out of 9 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 3 recommended JOBY as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight.
Joby Aviation Inc (NYSE:JOBY) trade information
Instantly JOBY has been showing a green trend so far today with a performance of 24.58% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 8.74 on recent trading dayincreased the stock’s daily price by 1.95%. The company’s shares are currently up 5.43% year-to-date, but still up 22.97% over the last five days. On the other hand, Joby Aviation Inc (NYSE:JOBY) is 32.89% up in the 30-day period. We can see from the shorts that 60.55 million shares have been sold at a short interest cover period of 5.32 day(s).
The consensus price target as assigned by Wall Street analysts is $10.25, which translates to bulls needing to increase their stock price by 16.39% from its current value. Analyst projections state that JOBY is forecast to be at a low of $9 and a high of $11.5.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 5.69%. Joby Aviation Inc earnings are expected to increase by 23.58% in 2025, but the outlook is positive 11.23% per year for the next five years.
JOBY Dividends
Joby Aviation Inc’s next quarterly earnings report is expected to be released on 2025-May-06.
Joby Aviation Inc (NYSE:JOBY)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 35.86% of Joby Aviation Inc shares, and 41.86% of them are in the hands of institutional investors. The stock currently has a share float of 65.26%. Joby Aviation Inc stock is held by 445.0 institutions, with TOYOTA MOTOR CORP/ being the largest institutional investor. By 2024-06-30, it held 11.4246% of the shares, which is about 78.75 million shares worth $401.64 million.
BAILLIE GIFFORD & CO, with 7.6698% or 52.87 million shares worth $269.63 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 14.26 shares worth $124.86 million, making up 1.80% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held roughly 11.69 shares worth around $102.37 million, which represents about 1.48% of the total shares outstanding.
