In the last trading session, 59.88 million Joby Aviation Inc (NYSE:JOBY) shares changed hands as the company’s beta touched 2.49. With the company’s per share price at $17.78 changed hands at $0.06 or 0.34% during last session, the market valuation stood at $14.08B. JOBY’s last price was a discount, traded about -0.45% off its 52-week high of $17.86. The share price had its 52-week low at $4.66, which suggests the last value was 73.79% up since then. When we look at Joby Aviation Inc’s average trading volume, we note the 10-day average is 43.48 million shares, with the 3-month average coming to 25.25 million.
Analysts gave the Joby Aviation Inc (JOBY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.78. 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 green as seen at the end of in last trading. With action 47.67%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 138.34%, with the 5-day performance at 47.67% in the green. However, in the 30-day time frame, Joby Aviation Inc (NYSE:JOBY) is 105.55% up. Looking at the short shares, we see there were 65.17 million shares sold at short interest cover period of 2.41 days.
The consensus price target for the stock as assigned by Wall Street analysts is 9, meaning bulls need a downside of -97.56% from its current market value. According to analyst projections, JOBY’s forecast low is 9 with 9 as the target high. To hit the forecast high, the stock’s price needs a 49.38% surge from its current level, while the stock would need to tank 49.38% 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 23.26%, but the outlook for the next 5-year period is at 10.95% per year.
JOBY Dividends
Joby Aviation Inc is expected to release its next quarterly earnings report on 2025-May-07.
Joby Aviation Inc (NYSE:JOBY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 39.65% of Joby Aviation Inc shares while 39.41% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 65.30%. There are 39.41% institutions holding the Joby Aviation Inc stock share, with TOYOTA MOTOR CORP/ the top institutional holder. As of 2024-06-30, the company held 11.4246% of the shares, roughly 78.75 million JOBY shares worth $401.64 million.
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 Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund . With 14.53 shares estimated at $258.34 million under it, the former controlled 1.84% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund held about 1.45% of the shares, roughly 11.46 shares worth around $203.82 million.
