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Joby Aviation, Inc. logo

Joby Aviation, Inc.

JOBY

NYSEIndustrialsAirlines, Airports & Air Services

Open in GoAI

Latest quote

$7.19

−$0.34 · -4.52%

Aug 24, 4:00 PM ET

After-hours

$7.22

+$0.03 · +0.42%

Aug 24, 7:04 PM ET

JOBY company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

47

Fair Value

Momentum

20

Strong Down

Sentiment

67

Bullish

Risk resilience

21

High Risk

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Company profile

Company website

Joby Aviation, Inc. is a vertically integrated air mobility firm specializing in the development of electric vertical takeoff and landing (eVTOL) aircraft. These innovative vehicles are designed to provide on-demand air transportation, with the ultimate aim of launching an aerial ridesharing service. The company was founded in 2009 and operates from its headquarters in Santa Cruz, California.

Industry
Airlines, Airports & Air Services
Sector
Industrials
Headquarters
US
CEO
JoeBen Bevirt
Listed since
Nov 9, 2020
Employees
2,559

Market position

Day range

Current $7.19

52-week range

Current $7.19

Open
$7.45
Previous close
$7.53
Volume
25.38M
0.68× average
Average volume
37.36M
Average daily volume
Market cap
7.07B USD
Beta
2.7
Market reference 1
50-day average
$8.185
-12.16% below average
200-day average
$10.7565
-33.16% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
10.73B USD
P/E (TTM)
-7.26×
P/B (TTM)
3.95×
P/S (TTM)
60.81×
EV / EBITDA
-12.07×
Earnings yield
-8.53%
Free cash flow yield
-5.17%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
24.78%
Operating margin
-759.20%
Net margin
-755.11%
Return on equity
-65.96%
Return on assets
-51.80%
Return on invested capital
-41.27%

Financial health

Debt / equity
0.42×
Current ratio
24.09×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends44797%-134069%-312934%-491800%Gross margin, FY2023: 80.62%Gross margin, FY2024: 50.74%Gross margin, FY2025: -30.06%Operating margin, FY2023: -45745.54%Operating margin, FY2024: -438789.71%Operating margin, FY2025: -1346.92%Net margin, FY2023: -49714.15%Net margin, FY2024: -447083.82%Net margin, FY2025: -1740.46%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2023 80.62%. Gross margin FY2024 50.74%. Gross margin FY2025 -30.06%. Operating margin FY2023 -45745.54%. Operating margin FY2024 -438789.71%. Operating margin FY2025 -1346.92%. Net margin FY2023 -49714.15%. Net margin FY2024 -447083.82%. Net margin FY2025 -1740.46%.

Income trends

Revenue

53.43M USD+39183.09%

Operating income

−719.59M USD-20.58%

Net income

−929.84M USD-52.93%
Income trends across reported periods151.75M USD−241.56M USD−634.86M USD−1.03B USDRevenue, FY2023: 1.03M USDRevenue, FY2024: 136K USDRevenue, FY2025: 53.43M USDOperating income, FY2021: −259.09M USDOperating income, FY2022: −392.2M USDOperating income, FY2023: −472.09M USDOperating income, FY2024: −596.75M USDOperating income, FY2025: −719.59M USDNet income, FY2021: −180.32M USDNet income, FY2022: −258.04M USDNet income, FY2023: −513.05M USDNet income, FY2024: −608.03M USDNet income, FY2025: −929.84M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2023 1.03M USD. Revenue FY2024 136K USD. Revenue FY2025 53.43M USD. Operating income FY2021 −259.09M USD. Operating income FY2022 −392.2M USD. Operating income FY2023 −472.09M USD. Operating income FY2024 −596.75M USD. Operating income FY2025 −719.59M USD. Net income FY2021 −180.32M USD. Net income FY2022 −258.04M USD. Net income FY2023 −513.05M USD. Net income FY2024 −608.03M USD. Net income FY2025 −929.84M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue53.43M USD136K USD1.03M USD——
Cost of goods sold69.49M USD67K USD200K USD——
Gross profit−16.06M USD69K USD832K USD——
Research and development581.1M USD477.16M USD367.05M USD296.28M USD202.6M USD
Selling, general, and administrative122.43M USD119.67M USD105.88M USD95.92M USD61.52M USD
Operating expenses703.53M USD596.82M USD472.93M USD392.2M USD259.09M USD
Interest income43.16M USD42.82M USD45.56M USD16.91M USD1.15M USD
Interest expense———118K USD2.43M USD
Depreciation and amortization40.16M USD35.57M USD30.49M USD24M USD15.94M USD
Operating income−719.59M USD−596.75M USD−472.09M USD−392.2M USD−259.09M USD
Net income−929.84M USD−608.03M USD−513.05M USD−258.04M USD−180.32M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 5 misses, 1 met estimate
Average EPS surprise
-21.79%
11 comparable reports
Latest EPS result
-0.25
Estimate -0.23 · Miss by 6.99%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates-0.09-0.24-0.38-0.52Q1 '25MissQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual -0.34, estimate -0.19, surprise -78.95%, Miss. Q2 2025, reported May 7, 2025: actual -0.11, estimate -0.18, surprise +38.89%, Beat. Q3 2025, reported Aug 6, 2025: actual -0.41, estimate -0.18, surprise -127.78%, Miss. Q4 2025, reported Nov 5, 2025: actual -0.48, estimate -0.192, surprise -150.43%, Miss. Q1 2026, reported Feb 25, 2026: actual -0.14, estimate -0.2, surprise +30.00%, Beat. Q2 2026, reported May 5, 2026: actual -0.12, estimate -0.21, surprise +42.86%, Beat. Q3 2026, reported Aug 5, 2026: actual -0.25, estimate -0.234, surprise -6.99%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate -0.26, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates41.73M27.82M13.92M12.75KQ1 '25MissQ2 '25EstimateQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual 55K USD, estimate 136.2K USD, surprise -59.62%, Miss. Q2 2025, reported May 7, 2025: actual —, estimate 699.33K USD, surprise —, Comparison unavailable. Q3 2025, reported Aug 6, 2025: actual 15K USD, estimate 49.67K USD, surprise -69.80%, Miss. Q4 2025, reported Nov 5, 2025: actual 22.57M USD, estimate 3.4M USD, surprise +563.71%, Beat. Q1 2026, reported Feb 25, 2026: actual 30.84M USD, estimate 16.18M USD, surprise +90.59%, Beat. Q2 2026, reported May 5, 2026: actual 24.25M USD, estimate 20.17M USD, surprise +20.22%, Beat. Q3 2026, reported Aug 5, 2026: actual 38.64M USD, estimate 30.2M USD, surprise +27.95%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 37.17M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$16.40

128.09% upside
Past 12 months12-month forecastHigh $18.00Average $16.40Low $13.00

Rating distribution

8 ratings
Strong buy00%
Buy225%
Hold450%
Sell225%
Strong sell00%

Recent analyst actions

6 institutions

JOBY news

fool.com

Joby and Archer Are Racing to FAA Certification While Burning Hundreds of Millions a Year. Here's the 1 Number That Picks the Winner.

Joby is narrowly ahead of Archer in FAA certification progress. 100% completion of final for-credit testing by FAA pilots is the decisive milestone.

Read source
fool.com

Joby Aviation Stock Is More Than 60% Off Its High. Is a Reverse Stock Split Imminent?

Joby Aviation's shares are down 62.5% from their recent highs. Reverse stock splits can occur when share prices drop to worrisome levels.

Read source
fool.com

How Buying Joby Aviation Stock Today Could 10X Your Net Worth

Joby's stock has stumbled since its market debut five years ago. But a few major catalysts could drive its stock much higher over the next decade.

Read source
247wallst.com

Archer Aviation Drops 7%, EHang Sinks 6%, Joby Aviation Falls 4% as Air Taxi Stocks Ignore Good News

Good news is landing across the electric air-taxi group today, but the major eVTOL names are falling anyway.

Read source
fool.com

The 1 Simple Reason to Buy Joby Aviation Stock

Shares of the air taxi maker have declined more than 50% in the past 12 months. Joby is acquiring the defense-tech company Resonant Sciences for $500 million.

Read source
fool.com

Joby Aviation Clears a Key Regulatory Hurdle and Could Be Worth Buying Now

Joby is progressing through the fifth and final stage of the FAA type certification phase. It is also tackling manufacturing challenges that come once certification is secured.

Read source

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ETFs holding JOBY

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
134.53M
Weight
0.01%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$377.07-0.31%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
128.76M
Weight
0.16%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$297.97-0.66%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
97.01M
Weight
0.05%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$302.9-0.61%
Vanguard Morningstar Small-Cap Value ETF logoVanguard Morningstar Small-Cap Value ETFVBR
Market value
61.61M
Weight
0.09%
AUM
68.3B USD
Expense ratio
0.05%
Price / 1D
$248.44-0.30%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
51.04M
Weight
0.05%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$243.43-0.86%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
47.4M
Weight
0.31%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$383.16-1.09%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
27.2M
Weight
0.15%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$120.47-0.64%
ARK Autonomous Technology & Robotics ETF logoARK Autonomous Technology & Robotics ETFARKQ
Market value
24.45M
Weight
1.24%
AUM
1.86B USD
Expense ratio
0.75%
Price / 1D
$121.83-2.99%

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