Joby Aviation (NYSE:JOBY) Trading Down 1.9% – Time to Sell?

Shares of Joby Aviation, Inc. (NYSE:JOBY) fell 1.9% on Tuesday . The stock traded as low as $8.88 and last traded at $8.9650. 21,186,962 shares were traded during mid-day trading, a decline of 19% from the average session volume of 26,220,383 shares. The stock had previously closed at $9.14.

Joby Aviation News Roundup

Here are the key news stories impacting Joby Aviation this week:

• Positive Sentiment: Joby landed a strategic vertiport agreement with the Reuben Brothers to use an existing helipad at Century Plaza in Los Angeles — this gives Joby a visible, centrally located site for charging and passenger operations and could speed route launches and local market adoption. Reuben Brothers Unveil Joby Vertiport at Century Plaza
• Positive Sentiment: A retrospective piece from 24/7 Wall St. says the outlet was wrong to favor Archer over Joby a year ago — a signal that sentiment among some retail/professional commentators is shifting toward Joby as execution advances. We Backed Archer Aviation Over Joby Aviation a Year Ago. Here’s Why We Were Wrong.
• Positive Sentiment: Joby announced a partnership with Air Space Intelligence to prepare for scaled electric flight — collaborations like this can strengthen operational readiness, airspace integration and safety processes ahead of commercial launch. Joby, Air Space Intelligence partner to prepare for scaled electric flight
• Neutral Sentiment: Joby set a date to release Q1 2026 results and will host a webcast May 5 — this event is the next major catalyst: investors will watch revenue, cash burn and any comments on certification/commercial timing. Joby Aviation to Report First Quarter 2026 Financial Results
• Neutral Sentiment: Analyst and media pieces comparing Joby with other eVTOL and aerospace players (MarketBeat, MSN) provide context but are not immediate drivers — they can influence sentiment among longer-term investors. 3 eVTOL Stocks, 3 Flight Plans: Which One Will Stick the Landing?
• Negative Sentiment: Joby’s head of Aircraft OEM has resigned, a departure that raises near-term execution risk for manufacturing and certification timelines; investors often react negatively to senior engineering/ops exits at pre-revenue manufacturers. Joby’s Head Of Aircraft OEM Resigns
• Negative Sentiment: Additional reports (MSN/TipRanks) confirm the resignation of aircraft operations leadership, reinforcing concerns about continuity in day-to-day flight and certification preparations. Leadership churn is likely the primary reason for the stock’s downward move today. Joby Aviation Announces Upcoming Resignation of Aircraft OEM President

Wall Street Analysts Forecast Growth

JOBY has been the subject of a number of research reports. Canaccord Genuity Group reiterated a “hold” rating and set a $15.50 price objective on shares of Joby Aviation in a research report on Tuesday, February 3rd. JPMorgan Chase & Co. reduced their price objective on Joby Aviation from $8.00 to $7.00 and set an “underweight” rating for the company in a research report on Thursday, February 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Joby Aviation in a research report on Tuesday. Oppenheimer set a $18.00 price objective on Joby Aviation in a research report on Thursday, February 26th. Finally, Wall Street Zen upgraded Joby Aviation from a “strong sell” rating to a “sell” rating in a research report on Saturday, April 18th. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $13.81.

Joby Aviation Stock Down 6.9%

The company has a fifty day simple moving average of $9.29 and a 200-day simple moving average of $12.72. The firm has a market cap of $7.75 billion, a P/E ratio of -7.46 and a beta of 2.68.

Joby Aviation (NYSE:JOBY) last released its quarterly earnings results on Wednesday, February 25th. The company reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.06. The company had revenue of $30.84 million for the quarter, compared to the consensus estimate of $16.88 million. During the same period in the prior year, the firm posted ($0.34) EPS. The business’s revenue for the quarter was up 5506.5% on a year-over-year basis. As a group, research analysts forecast that Joby Aviation, Inc. will post -0.82 EPS for the current year.

Insider Buying and Selling at Joby Aviation

In other Joby Aviation news, insider Eric Allison sold 27,698 shares of the business’s stock in a transaction dated Monday, April 13th. The stock was sold at an average price of $8.20, for a total transaction of $227,123.60. Following the completion of the sale, the insider owned 750,852 shares of the company’s stock, valued at approximately $6,156,986.40. The trade was a 3.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Joeben Bevirt sold 39,963 shares of the business’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $9.03, for a total value of $360,865.89. Following the sale, the chief executive officer directly owned 224,823 shares of the company’s stock, valued at $2,030,151.69. This represents a 15.09% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,774,220 shares of company stock valued at $17,386,938 in the last ninety days. 28.50% of the stock is currently owned by company insiders.

Institutional Trading of Joby Aviation

Hedge funds have recently bought and sold shares of the stock. Asset Planning Inc boosted its stake in shares of Joby Aviation by 70.0% in the third quarter. Asset Planning Inc now owns 1,700 shares of the company’s stock worth $27,000 after acquiring an additional 700 shares during the period. Strategic Advocates LLC bought a new position in shares of Joby Aviation in the third quarter worth about $29,000. Canton Hathaway LLC bought a new position in shares of Joby Aviation in the third quarter worth about $29,000. Fifth Third Bancorp boosted its stake in shares of Joby Aviation by 207.4% in the fourth quarter. Fifth Third Bancorp now owns 1,998 shares of the company’s stock worth $26,000 after acquiring an additional 1,348 shares during the period. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Joby Aviation in the fourth quarter worth about $28,000. Institutional investors own 52.85% of the company’s stock.

Joby Aviation Company Profile

Joby Aviation Inc is an aerospace company focused on developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. The company’s core mission is to provide zero-emission aerial ridesharing services, combining the speed of helicopters with the cost efficiency and environmental benefits of electric propulsion. Joby’s eVTOL design emphasizes low noise profiles and high reliability, positioning the company to address congestion challenges in major metropolitan areas.

The company’s flagship aircraft is designed to carry a pilot and up to four passengers, offering point-to-point travel at speeds competitive with ground transportation.