Is Joby Aviation Stock a Good Investment?
Joby Aviation Investment Advice | JOBY |
- Examine Joby Aviation's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Joby Aviation's leadership team and their track record. Good management can help Joby Aviation navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Passenger Airlines space and any emerging trends that could impact Joby Aviation's business and its evolving consumer preferences.
- Compare Joby Aviation's performance and market position to its competitors. Analyze how Joby Aviation is positioned in terms of product offerings, innovation, and market share.
- Check if Joby Aviation pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Joby Aviation's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Joby Aviation stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Joby Aviation is a good investment.
Sell | Buy |
Hold
Market Performance | Modest | Details | |
Volatility | Moderately volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Joby Aviation Stock
Researching Joby Aviation's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 37.0% 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.
To determine if Joby Aviation is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Joby Aviation's research are outlined below:
| 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 868 K. | |
| 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 37.0% of the company shares are held by company insiders | |
| Latest headline from zacks.com: Air Canada Q4 Earnings Match Estimates |
Joby Aviation Quarterly Liabilities And Stockholders Equity |
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Joby Aviation uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Joby Aviation. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Joby Aviation's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 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 |
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. Below are the table of largest EPS Surprises Joby Aviation's investors have experienced.
| 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 | ||
2024-05-07 | 2024-03-31 | -0.17 | -0.14 | 0.03 | 17 | ||
2023-05-03 | 2023-03-31 | -0.14 | -0.19 | -0.05 | 35 | ||
2023-02-22 | 2022-12-31 | -0.16 | -0.11 | 0.05 | 31 | ||
2022-03-24 | 2021-12-31 | -0.15 | 0.01 | 0.16 | 106 | ||
2021-11-12 | 2021-09-30 | -0.03 | -0.2 | -0.17 | 566 |
Know Joby Aviation's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Joby Aviation is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Joby Aviation backward and forwards among themselves. Joby Aviation's institutional investor refers to the entity that pools money to purchase Joby Aviation's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Charles Schwab Investment Management Inc | 2024-12-31 | 3.9 M | Northern Trust Corp | 2024-09-30 | 3.4 M | Ark Investment Management Llc | 2024-12-31 | 3.4 M | Edbi Pte Ltd | 2024-12-31 | 3 M | Nikko Asset Management Americas Inc | 2024-12-31 | 2.6 M | Sumitomo Mitsui Trust Group Inc | 2024-12-31 | 2.6 M | Sbi Rheos Hifumi Inc | 2024-12-31 | 2.4 M | Valueworks Llc | 2024-12-31 | 2.3 M | Exor Investments (uk) Llp | 2024-12-31 | 2.3 M | Baillie Gifford & Co Limited. | 2024-12-31 | 55 M | Vanguard Group Inc | 2024-12-31 | 46.8 M |
Joby Aviation's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.99 B.Market Cap |
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Joby Aviation's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.47) | (0.50) | |
| Return On Capital Employed | (0.44) | (0.47) | |
| Return On Assets | (0.46) | (0.49) | |
| Return On Equity | (0.57) | (0.54) |
Determining Joby Aviation's profitability involves analyzing its financial statements and using various financial metrics to determine if Joby Aviation is a good buy. For example, gross profit margin measures Joby Aviation's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Joby Aviation's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Joby Aviation's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Joby Aviation. Check Joby Aviation's Beneish M Score to see the likelihood of Joby Aviation's management manipulating its earnings.
Evaluate Joby Aviation's 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 -0.5 in 2025. Return On Capital Employed is likely to drop to -0.47 in 2025. At this time, Joby Aviation's Intangible Assets are fairly stable compared to the past year. Intangibles To Total Assets is likely to rise to 0.02 in 2025, whereas Total Assets are likely to drop slightly above 1.3 B in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.44 | 1.52 | |
| Tangible Book Value Per Share | 1.41 | 1.48 | |
| Enterprise Value Over EBITDA | (8.43) | (8.85) | |
| Price Book Value Ratio | 3.75 | 3.94 | |
| Enterprise Value Multiple | (8.43) | (8.85) | |
| Price Fair Value | 3.75 | 3.94 | |
| Enterprise Value | 4.8 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.
Beta 2.326 |
Basic technical analysis of Joby Stock
As of the 17th of February 2025, Joby Aviation retains the Market Risk Adjusted Performance of 1.3, downside deviation of 4.62, and Risk Adjusted Performance of 0.0983. 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's 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's Outstanding Corporate 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.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand Joby Aviation's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Joby Aviation's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0983 | |||
| Market Risk Adjusted Performance | 1.3 | |||
| Mean Deviation | 4.68 | |||
| Semi Deviation | 4.05 | |||
| Downside Deviation | 4.62 | |||
| Coefficient Of Variation | 792.07 | |||
| Standard Deviation | 6.45 | |||
| Variance | 41.6 | |||
| Information Ratio | 0.1245 | |||
| Jensen Alpha | 0.8036 | |||
| Total Risk Alpha | 0.7943 | |||
| Sortino Ratio | 0.174 | |||
| Treynor Ratio | 1.29 | |||
| Maximum Drawdown | 29.73 | |||
| Value At Risk | (7.90) | |||
| Potential Upside | 12.83 | |||
| Downside Variance | 21.31 | |||
| Semi Variance | 16.36 | |||
| Expected Short fall | (5.71) | |||
| Skewness | 1.12 | |||
| Kurtosis | 1.55 |
| Risk Adjusted Performance | 0.0983 | |||
| Market Risk Adjusted Performance | 1.3 | |||
| Mean Deviation | 4.68 | |||
| Semi Deviation | 4.05 | |||
| Downside Deviation | 4.62 | |||
| Coefficient Of Variation | 792.07 | |||
| Standard Deviation | 6.45 | |||
| Variance | 41.6 | |||
| Information Ratio | 0.1245 | |||
| Jensen Alpha | 0.8036 | |||
| Total Risk Alpha | 0.7943 | |||
| Sortino Ratio | 0.174 | |||
| Treynor Ratio | 1.29 | |||
| Maximum Drawdown | 29.73 | |||
| Value At Risk | (7.90) | |||
| Potential Upside | 12.83 | |||
| Downside Variance | 21.31 | |||
| Semi Variance | 16.36 | |||
| Expected Short fall | (5.71) | |||
| Skewness | 1.12 | |||
| Kurtosis | 1.55 |
Consider Joby Aviation's intraday 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
F4 | 14th of February 2025 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 |
8K | 24th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 22nd of January 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
| 10th of December 2024 Other Reports | ViewVerify |
Joby Stock media impact
Far too much social signal, news, headlines, and media speculation about Joby Aviation that are available to investors today. That information is available publicly through Joby media outlets and privately through word of mouth or via Joby internal channels. However, regardless of the origin, that massive amount of Joby data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Joby Aviation news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Joby Aviation relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Joby Aviation's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Joby Aviation alpha.
Joby Aviation Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Joby Aviation can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Joby Aviation Historical Investor Sentiment
Investor biases related to Joby Aviation's public news can be used to forecast risks associated with an investment in Joby. The trend in average sentiment can be used to explain how an investor holding Joby can time the market purely based on public headlines and social activities around Joby Aviation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Joby Aviation's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Joby Aviation and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Joby Aviation news discussions. The higher the estimate score, the more favorable the investor's outlook on Joby Aviation.
Joby Aviation Maximum Pain Price Across April 17th 2025 Option Contracts
Joby Aviation's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Joby Aviation close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Joby Aviation's options.
Joby Aviation Corporate Management
| Justin Lang | Head of Partnerships & Corporate Strategy | Profile | |
| Sergei Novikov | Principal Controller | Profile | |
| Eric Allison | Chief Officer | Profile | |
| Paul Sciarra | Executive Chairman of the Board | Profile |
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.