Joby Aviation Stock Analysis
| JOBY Stock | USD 8.20 1.11 15.66% |
Joby Aviation is fairly valued with Real Value of 8.1 and Target Price of 8.8. The main objective of Joby Aviation stock analysis is to determine its intrinsic value, which is an estimate of what Joby Aviation is worth, separate from its market price. There are two main types of Joby Aviation's stock analysis: fundamental analysis and technical analysis.
The Joby Aviation stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Joby Aviation is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. Joby Stock trading window is adjusted to America/New York timezone.
Joby |
Joby Stock Analysis Notes
About 34.0% of the company shares are held by company insiders. The company has Price/Earnings To Growth (PEG) ratio of 0.75. Joby Aviation recorded a loss per share of 0.7. The entity had not issued any dividends in recent years. Joby Aviation, Inc., a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. The company was founded in 2009 and is headquartered in Santa Cruz, California. Joby Aviation operates under Airports Air Services classification in the United States and is traded on New York Stock Exchange. It employs 1124 people. To learn more about Joby Aviation call JoeBen Bevirt at 831 201 6700 or check out https://www.jobyaviation.com.Joby Aviation Investment Alerts
| Joby Aviation is way too risky over 90 days horizon | |
| Joby Aviation appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 1.03 M. Net Loss for the year was (513.05 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Joby Aviation currently holds about 1.15 B in cash with (313.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.89. | |
| Joby Aviation has a frail financial position based on the latest SEC disclosures | |
| Roughly 34.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Joby Aviation Trading 7.8 percent Higher Heres What Happened |
Joby Aviation Upcoming and Recent Events
Earnings reports are used by Joby Aviation to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Joby Largest EPS Surprises
Earnings surprises can significantly impact Joby Aviation's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-11-06 | 2024-09-30 | -0.19 | -0.21 | -0.02 | 10 | ||
2022-08-11 | 2022-06-30 | -0.14 | -0.16 | -0.02 | 14 | ||
2022-05-12 | 2022-03-31 | -0.12 | -0.14 | -0.02 | 16 |
Joby Aviation Environmental, Social, and Governance (ESG) Scores
Joby Aviation's ESG score is a quantitative measure that evaluates Joby Aviation's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Joby Aviation's operations that may have significant financial implications and affect Joby Aviation's stock price as well as guide investors towards more socially responsible investments.
Joby Aviation Thematic Classifications
In addition to having Joby Aviation stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | AirAir services and air delivery | |
 | AircraftUSA Equities from Aircraft industry as classified by Fama & French |
Joby Stock Institutional Investors
| Shares | Charles Schwab Investment Management Inc | 2024-09-30 | 3.5 M | Northern Trust Corp | 2024-09-30 | 3.4 M | Edbi Pte Ltd | 2024-09-30 | 3 M | Ark Investment Management Llc | 2024-09-30 | 2.8 M | Nikko Asset Management Americas Inc | 2024-06-30 | 2.8 M | Sumitomo Mitsui Trust Group Inc | 2024-09-30 | 2.6 M | Exchange Traded Concepts, Llc | 2024-06-30 | 2.5 M | Exor Investments (uk) Llp | 2024-09-30 | 2.3 M | Bank Of America Corp | 2024-06-30 | 2.3 M | Baillie Gifford & Co Limited. | 2024-09-30 | 52.8 M | Vanguard Group Inc | 2024-09-30 | 40.4 M |
Joby Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.42 B.Joby Profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.41) | (0.43) | |
| Return On Capital Employed | (0.39) | (0.40) | |
| Return On Assets | (0.40) | (0.42) | |
| Return On Equity | (0.50) | (0.47) |
Management Efficiency
Joby Aviation has return on total asset (ROA) of (0.3107) % which means that it has lost $0.3107 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.5045) %, meaning that it created substantial loss on money invested by shareholders. Joby Aviation's management efficiency ratios could be used to measure how well Joby Aviation manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.43 in 2024. Return On Capital Employed is likely to drop to -0.4 in 2024. At this time, Joby Aviation's Total Current Assets are fairly stable compared to the past year. Intangible Assets is likely to rise to about 9 M in 2024, whereas Total Assets are likely to drop slightly above 1.3 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.60 | 1.52 | |
| Tangible Book Value Per Share | 1.56 | 1.48 | |
| Enterprise Value Over EBITDA | (9.36) | (9.83) | |
| Price Book Value Ratio | 4.17 | 4.37 | |
| Enterprise Value Multiple | (9.36) | (9.83) | |
| Price Fair Value | 4.17 | 4.37 | |
| Enterprise Value | 4.1 B | 3.9 B |
Joby Aviation's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Operating Margin -5.6 K | Beta 1.972 | Return On Assets (0.31) | Return On Equity (0.50) |
Technical Drivers
As of the 25th of November, Joby Aviation retains the Downside Deviation of 3.98, risk adjusted performance of 0.099, and Market Risk Adjusted Performance of 0.3831. Joby Aviation technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Joby Aviation Price Movement Analysis
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Joby Aviation middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Joby Aviation. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Joby Aviation Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Joby Aviation insiders, such as employees or executives, is commonly permitted as long as it does not rely on Joby Aviation's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Joby Aviation insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Joby Aviation Outstanding Bonds
Joby Aviation issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Joby Aviation uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Joby bonds can be classified according to their maturity, which is the date when Joby Aviation has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View |
Joby Aviation Predictive Daily Indicators
Joby Aviation intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Joby Aviation stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Joby Aviation Corporate Filings
| 22nd of November 2024 Other Reports | ViewVerify | |
F4 | 19th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 4th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 28th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 25th of October 2024 Other Reports | ViewVerify | |
ASR | 24th of October 2024 Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC) | ViewVerify |
Joby Aviation Forecast Models
Joby Aviation's time-series forecasting models are one of many Joby Aviation's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Joby Aviation's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Joby Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Joby Aviation prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Joby shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Joby Aviation. By using and applying Joby Stock analysis, traders can create a robust methodology for identifying Joby entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (447.31) | (469.67) | |
| Operating Profit Margin | (411.71) | (432.30) | |
| Net Loss | (447.43) | (469.80) | |
| Gross Profit Margin | 0.73 | 0.65 |
Current Joby Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Joby analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Joby analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 8.8 | Buy | 8 | Odds |
Most Joby analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Joby stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Joby Aviation, talking to its executives and customers, or listening to Joby conference calls.
Joby Stock Analysis Indicators
Joby Aviation stock analysis indicators help investors evaluate how Joby Aviation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Joby Aviation shares will generate the highest return on investment. By understating and applying Joby Aviation stock analysis, traders can identify Joby Aviation position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 150.1 M | |
| Common Stock Shares Outstanding | 647.9 M | |
| Total Stockholder Equity | 1 B | |
| Tax Provision | 139 K | |
| Property Plant And Equipment Net | 131.7 M | |
| Cash And Short Term Investments | 1 B | |
| Cash | 204 M | |
| Accounts Payable | 3 M | |
| Net Debt | -173.4 M | |
| 50 Day M A | 5.543 | |
| Total Current Liabilities | 45.1 M | |
| Other Operating Expenses | 473.1 M | |
| Non Current Assets Total | 213.7 M | |
| Non Currrent Assets Other | 61.4 M | |
| Stock Based Compensation | 93.6 M |
Additional Tools for Joby Stock Analysis
When running Joby Aviation's price analysis, check to measure Joby Aviation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Joby Aviation is operating at the current time. Most of Joby Aviation's value examination focuses on studying past and present price action to predict the probability of Joby Aviation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joby Aviation's price. Additionally, you may evaluate how the addition of Joby Aviation to your portfolios can decrease your overall portfolio volatility.