In the last trading session, 20.41 million shares of the Joby Aviation Inc (NYSE:JOBY) were traded, and its beta was 2.39. Most recently the company’s share price was $9.00, and it changed around $0.4 or 4.65% from the last close, which brings the market valuation of the company to $7.13B. JOBY currently trades at a discount to its 52-week high of $10.72, offering almost -19.11% off that amount. The share price’s 52-week low was $4.66, which indicates that the current value has risen by an impressive 48.22% since then.
Joby Aviation Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.78. If we narrow it down even further, the data shows that 1 out of 10 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 4 recommended JOBY as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight. Joby Aviation Inc is expected to report earnings per share of -0.19 for the current quarter.
Joby Aviation Inc (NYSE:JOBY) trade information
Instantly JOBY has showed a green trend with a performance of 4.65% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 10.28 on recent trading dayincreased the stock’s daily price by 12.45%. The company’s shares are currently up 10.70% year-to-date, but still down -2.49% over the last five days. On the other hand, Joby Aviation Inc (NYSE:JOBY) is 25.70% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $10.25, which translates to bulls needing to increase their stock price by 12.2% from its current value. Analyst projections state that JOBY is forecast to be at a low of $9 and a high of $11.5.
Joby Aviation Inc (JOBY) estimates and forecasts
The year-over-year growth rate is expected to be 1,384.12%, up from the previous year.
Consensus estimates provided by 6 financial analysts predict the company will bring in an average of 49.67k in revenue for the current quarter. 6 analysts expect Joby Aviation Inc to make 151.17k in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 28k and 28k respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 77.39%. Forecasts for the next quarter put sales growth at 439.89%.
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 23.26% in 2025, but the outlook is positive 10.95% per year for the next five years.
JOBY Dividends
Joby Aviation Inc’s next quarterly earnings report is expected to be released in July.
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.
