Joby Aviation's Milestone and Stock Volatility: Joby Aviation Inc. shares experienced volatility after the company announced its first successful piloted electric vertical takeoff and landing air taxi flight, which initially boosted stock prices but later declined due to broader market concerns and disappointing earnings results.
Investor Sentiment and Financial Concerns: Despite technological progress, investors remain cautious due to a significant net loss reported in the second quarter and ongoing regulatory challenges, leading analysts to maintain an Underweight rating on the stock amid uncertainties regarding profitability and competition from rivals like Archer Aviation.
JOBY
$14.07+Infinity%1D
Analyst Views on JOBY
Wall Street analysts forecast JOBY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JOBY is 15.50 USD with a low forecast of 8.00 USD and a high forecast of 22.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast JOBY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JOBY is 15.50 USD with a low forecast of 8.00 USD and a high forecast of 22.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
4 Hold
1 Sell
Hold
Current: 14.190
Low
8.00
Averages
15.50
High
22.00
Current: 14.190
Low
8.00
Averages
15.50
High
22.00
Needham
Chris Pierce
Buy
maintain
$22
2025-11-06
Reason
Needham
Chris Pierce
Price Target
$22
2025-11-06
maintain
Buy
Reason
Needham analyst Chris Pierce keeps a Buy rating and $22 price target on Joby Aviation after its Q3 results and commentary. The company continues to exhibit strong momentum with their S4 aircraft against an improving eVTOL backdrop, increasing confidence in international use cases, and pulling forward potential domestic flight while increasing investor comfort in eventual type certification, the analyst tells investors in a research note.
JPMorgan
Underweight
maintain
$7 -> $8
2025-10-31
Reason
JPMorgan
Price Target
$7 -> $8
2025-10-31
maintain
Underweight
Reason
JPMorgan raised the firm's price target on Joby Aviation to $8 from $7 and keeps an Underweight rating on the shares. The firm updated the company's model.
H.C. Wainwright
H.C. Wainwright
Buy -> Neutral
downgrade
2025-08-07
Reason
H.C. Wainwright
H.C. Wainwright
Price Target
2025-08-07
downgrade
Buy -> Neutral
Reason
H.C. Wainwright downgraded Joby Aviation to Neutral from Buy without as price target. The firm cites valuation for the downgrade with the shares up 400% since it initiatied coverage on September 3, 2024. At current valuations, Joby is pricing in multiple near- to-mid-term catalysts related to flight testing, certifications, manufacturing ramp, and commercialization, the analyst tells investors in a research note.
Canaccord
Buy
to
Hold
downgrade
$12 -> $17
2025-08-07
Reason
Canaccord
Price Target
$12 -> $17
2025-08-07
downgrade
Buy
to
Hold
Reason
Canaccord downgraded Joby Aviation to Hold from Buy with a price target of $17, up from $12.
About JOBY
Joby Aviation, Inc. is a transportation company developing an all-electric, vertical take-off and landing air taxi. The Company is engaged in designing and testing a piloted all-electric, vertical take-off and landing (eVTOL) aircraft. The Joby eVTOL is designed to transport a pilot and up to four passengers or an expected payload of up to 1,000 pounds at speeds of up to 200 miles per hour (mph). The aircraft is optimized for urban routes, with a target range of up to 100 miles on a single charge. The Company plans to manufacture, own and operate its aircraft itself, building a vertically integrated transportation company that delivers transportation services to customers, including government agencies such as the United States Air Force (USAF) through sales or contracted operations, and to individual end-users through a convenient app-based aerial ridesharing service. It also offers a network of terminals and loyal flyers in markets like New York and in Southern Europe.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
