JOBY

Company Overview — What Does Joby Aviation, Inc. Do?

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. It intends to build an aerial ridesharing service. The company was founded in 2009 and is headquartered in Santa Cruz, California. Joby Aviation, Inc. (JOBY) is classified as a mid-cap stock in the Industrials sector, specifically within the Aircraft industry. The company is led by CEO JoeBen Bevirt and employs approximately 1,420 people. With a market capitalization of $8.1B, JOBY is one of the notable companies in the Industrials sector.

Joby Aviation, Inc. (JOBY) Stock Rating — Reduce (April 2026)

As of April 2026, Joby Aviation, Inc. receives a Reduce rating with a composite score of 30.0/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.JOBY ranks #3,531 out of 4,446 stocks in our coverage universe. Within the Industrials sector, Joby Aviation, Inc. ranks #607 of 752 stocks, placing it in the lower half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

JOBY Stock Price and 52-Week Range

Joby Aviation, Inc. (JOBY) currently trades at $8.36. The stock gained $0.08 (1.0%) in the most recent trading session. The 52-week high for JOBY is $20.95, which means the stock is currently trading -60.1% from its annual peak. The 52-week low is $4.96, putting the stock 68.5% above its annual trough. Recent trading volume was 16.2M shares, indicating strong institutional interest and high liquidity.

Is JOBY Overvalued or Undervalued? — Valuation Analysis

Joby Aviation, Inc. (JOBY) carries a value factor score of 24/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 5.82x, versus the sector average of 2.23x. The price-to-sales ratio is 362.86x, compared to 0.50x for the average Industrials stock.

At current multiples, Joby Aviation, Inc. trades at a premium to most Industrials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

Joby Aviation, Inc. Profitability — ROE, Margins, and Quality Score

Joby Aviation, Inc. (JOBY) earns a quality factor score of 25/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -67.5%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -53.0% versus the sector average of 3.3%.

On a margin basis, Joby Aviation, Inc. reports gross margins of 0.0%, compared to 35.8% for the sector. The operating margin is -559841.0% (sector: 6.2%). Net profit margin stands at -893373.6%, versus 3.9% for the average Industrials stock. Revenue growth is running at 80521.4% on a trailing basis, compared to 6.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

JOBY Debt, Balance Sheet, and Financial Health

Joby Aviation, Inc. has a debt-to-equity ratio of 27.0%, compared to the Industrials sector average of 70.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 24.09x, indicating strong short-term liquidity. Total debt on the balance sheet is $13M. Cash and equivalents stand at $208M.

JOBY has a beta of 1.89, meaning it is more volatile than the broader market — a $10,000 investment in JOBY would be expected to move 89.1% more than the S&P 500 on any given day. The stability factor score for Joby Aviation, Inc. is 29/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

Joby Aviation, Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Joby Aviation, Inc. reported revenue of $23M and earnings per share (EPS) of $-1.13. Net income for the quarter was $-952M. Gross margin was 0.0%. Operating income came in at $-670M.

In FY 2025, Joby Aviation, Inc. reported revenue of $53M and earnings per share (EPS) of $-1.13. Net income for the quarter was $-930M. Revenue grew 39183.1% year-over-year compared to FY 2024. Operating income came in at $-720M.

In Q3 2025, Joby Aviation, Inc. reported revenue of $23M and earnings per share (EPS) of $-0.48. Net income for the quarter was $-401M. Revenue grew 80521.4% year-over-year compared to Q3 2024. Operating income came in at $-182M.

In Q2 2025, Joby Aviation, Inc. reported revenue of $15,000 and earnings per share (EPS) of $-0.41. Net income for the quarter was $-325M. Revenue grew -46.4% year-over-year compared to Q2 2024. Operating income came in at $-168M.

Over the past 8 quarters, Joby Aviation, Inc. has demonstrated a growth trajectory, with revenue expanding from $28,000 to $23M. Investors analyzing JOBY stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

JOBY Dividend Yield and Income Analysis

Joby Aviation, Inc. (JOBY) does not currently pay a dividend. This is common among smaller companies in the Aircraft industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.

JOBY Momentum and Technical Analysis Profile

Joby Aviation, Inc. (JOBY) has a momentum factor score of 40/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 20/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 42/100 reflects moderate short selling activity.

JOBY vs Competitors — Industrials Sector Ranking and Peer Comparison

Within the Industrials sector, Joby Aviation, Inc. (JOBY) ranks #607 out of 752 stocks based on the Blank Capital composite score. This places JOBY in the lower half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.

Comparing JOBY against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full JOBY vs S&P 500 (SPY) comparison to assess how Joby Aviation, Inc. stacks up against the broader market across all factor dimensions.

JOBY Next Earnings Date

No upcoming earnings date has been announced for Joby Aviation, Inc. (JOBY) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy JOBY? — Investment Thesis Summary

The quantitative profile for Joby Aviation, Inc. suggests caution. The quality score of 25/100 flags below-average profitability. The value score of 24/100 indicates premium valuation. High volatility (stability score 29/100) increases portfolio risk.

In summary, Joby Aviation, Inc. (JOBY) earns a Reduce rating with a composite score of 30.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on JOBY stock.

Related Resources for JOBY Investors

Explore more research and tools: JOBY vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare JOBY head-to-head with peers: JOBY vs SOBO, JOBY vs TEN, JOBY vs GLDD.