JOBY 📈 Joby Aviation - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: KYG651631007

JOBY: Electric Aircraft, Ridesharing Service, Booking Application

Joby Aviation is a pioneering company in the electric vertical takeoff and landing (eVTOL) space, focused on creating a new mode of urban air transportation. By designing and manufacturing its own aircraft, the company aims to provide fast, quiet, and sustainable air travel solutions, initially targeting the US and Dubai markets. With a long-term vision of reducing congestion and emissions in cities, Joby Aviation is working towards establishing an aerial ridesharing network, which will be accessible through a user-friendly app, allowing passengers to effortlessly book and manage their flights.

The company's strategy involves developing a comprehensive platform that integrates its eVTOL aircraft with a seamless booking and payment system, enabling consumers to experience the benefits of on-demand air travel. Founded in 2009, Joby Aviation has been quietly building its capabilities, and its headquarters in Santa Cruz, California, serves as the hub for its innovative endeavors. As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol JOBY, Joby Aviation is well-positioned to drive growth and expansion in the emerging air mobility sector, with its common stock (ISIN: KYG651631007) classified under the GICS Sub Industry of Passenger Airlines.

With a strong foundation in aerospace engineering and a commitment to safety, Joby Aviation is pushing the boundaries of eVTOL technology, with the goal of creating a scalable and efficient air transportation system. By leveraging its expertise in aircraft design, manufacturing, and operations, the company is poised to capitalize on the vast potential of the urban air mobility market, which is expected to experience significant growth in the coming years. As the company continues to advance its technology and expand its services, it is likely to play a key role in shaping the future of sustainable and efficient air travel, with its website (https://www.jobyaviation.com) serving as a hub for information and updates on its progress and developments.

Additional Sources for JOBY Stock

JOBY Stock Overview

Market Cap in USD 6,121m
Sector Industrials
Industry Airports & Air Services
GiC Sub-Industry Passenger Airlines
IPO / Inception 2021-08-11

JOBY Stock Ratings

Growth 5y -29.5%
Fundamental -
Dividend -
Rel. Strength Industry -48.4
Analysts 3.5/5
Fair Price Momentum 7.34 USD
Fair Price DCF -

JOBY Dividends

No Dividends Paid

JOBY Growth Ratios

Growth Correlation 3m 73%
Growth Correlation 12m 9.4%
Growth Correlation 5y -49.2%
CAGR 5y -7.27%
CAGR/Mean DD 5y -0.13
Sharpe Ratio 12m 0.44
Alpha -34.62
Beta 1.93
Volatility 80.60%
Current Volume 27706.9k
Average Volume 20d 22396.5k
What is the price of JOBY stocks?
As of December 21, 2024, the stock is trading at USD 7.69 with a total of 27,706,945 shares traded.
Over the past week, the price has changed by -1.16%, over one month by +24.03%, over three months by +49.03% and over the past year by +17.05%.
Is Joby Aviation a good stock to buy?
Probably not. Based on ValueRay Analyses, Joby Aviation (NYSE:JOBY) is currently (December 2024) not a good stock to buy. It has a ValueRay Growth Rating of -29.47 and therefor a somwhat technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of JOBY as of December 2024 is 7.34. This means that JOBY is currently overvalued and has a potential downside of -4.55%.
Is JOBY a buy, sell or hold?
Joby Aviation has received a consensus analysts rating of 3.50. Therefor, it is recommend to hold JOBY.
  • Strong Buy: 2
  • Buy: 2
  • Hold: 3
  • Sell: 0
  • Strong Sell: 1
What are the forecast for JOBY stock price target?
According to ValueRays Forecast Model, JOBY Joby Aviation will be worth about 8.4 in December 2025. The stock is currently trading at 7.69. This means that the stock has a potential upside of +9.23%.
Issuer Forecast Upside
Wallstreet Target Price 7.5 -2.9%
Analysts Target Price 8.8 14.4%
ValueRay Target Price 8.4 9.2%