JOBY Stock Analysis: Joby Aviation | NYSE
Airports & Air Services | NYSE, USA | Market Cap: 7.987m USD | 12M Return: -37.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 390M
Qual. Beats: 1
Rev. Trend: 65.0%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Joby Aviation (NYSE: JOBY) is a U.S.-based air mobility company founded in 2009 and headquartered in Santa Cruz, California. It designs, tests, manufactures, and sells electric vertical takeoff and landing (eVTOL) aircraft, with operations in the United States, Japan, Europe, and other international markets. In addition to its core aircraft business, the company provides passenger transportation services using helicopters and fixed-wing aircraft, as well as government flight services, customer demonstrations, engineering services, and exhibition activities.
The company is classified within the Industrials sector and the Passenger Airlines sub-industry, and it went public on the NYSE in August 2021. eVTOL aircraft such as Jobys are intended for short-distance urban and regional routes, combining electric propulsion with vertical-lift capability to bypass ground congestion, and the company is pursuing type certification from regulators such as the U.S. Federal Aviation Administration before launching commercial passenger service.
- FAA type certification milestones pace commercial launch timeline
- Cash burn and capital raises pressure equity dilution risk
- Archer Aviation competition intensifies in eVTOL market share battle
| Net Income: -957.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.32 > 0.02 and ΔFCF/TA 14.80 > 1.0 |
| NWC/Revenue: 3.09k% < 20% (prev 715k%; Δ -712k% < -1%) |
| CFO/TA -0.19 > 3% & CFO -544.3m > Net Income -957.4m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 22.05 > 1.5 & < 3 |
| Outstanding Shares: last quarter (943.5m) vs 12m ago 23.03% < -2% |
| Gross Margin: 11.23% > 18% (prev 53.15%; Δ -41.92% > 0.5%) |
| Asset Turnover: 3.87% > 50% (prev 0.01%; Δ 3.86% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.82 (Total Current Assets 2.51b - Total Current Liabilities 113.9m) / Total Assets 2.93b |
| B: -0.99 (Retained Earnings -2.90b / Total Assets 2.93b) |
| C: -0.48 (EBIT TTM -956.0m / Avg Total Assets 2.01b) |
| D: 2.02 (Book Value of Equity 1.96b / Total Liabilities 969.9m) |
| Altman-Z'' = 1.06 = BB |
| DSRI: 0.10 (Receivables 11.5m/9.77m, Revenue 77.7m/111k) |
| GMI: 4.73 (GM 53.15% / 11.23%) |
| AQI: 0.77 (AQ_t 0.06 / AQ_t-1 0.08) |
| SGI: 699.7 (Revenue 77.7m / 111k) |
| TATA: -0.14 (NI -957.4m - CFO -544.3m) / TA 2.93b) |
| Beneish M = 500.5 (Cap -4..+1) = D |
As of July 15, 2026, the stock is trading at USD 7.89 with a total of 46,461,445 shares traded. Over the past week, the price has changed by -2.83%, over one month by -18.41%, over three months by -10.34% and over the past year by -37.53%.
Current recommended Stop Loss: 7.10 (which is 10% or 1.3 ATR below the current price).
Joby Aviation has received a consensus analysts rating of 3.33. Therefore, it is recommended to hold JOBY.
- StrongBuy: 2
- Buy: 2
- Hold: 3
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 11.1 | 40.9% |
P/S = 102.8335
P/B = 4.2658
Revenue TTM = 77.7m USD
EBIT TTM = -956.0m USD
EBITDA TTM = -913.9m USD
Long Term Debt = 701.1m USD (from longTermDebt, last quarter)
Short Term Debt = 9.03m USD (from shortTermDebt, last quarter)
Debt = 782.2m USD (from shortLongTermDebtTotal, last quarter) + Leases 46.7m
Net Debt = -1.68b USD (calculated: Debt 782.2m - CCE 2.47b)
Enterprise Value = 6.30b USD (7.99b + Debt 782.2m - CCE 2.47b)
Interest Coverage Ratio = unknown (Ebit TTM -956.0m / Interest Expense TTM 0.0)
EV/FCF = -6.80x (Enterprise Value 6.30b / FCF TTM -927.6m)
FCF Yield = -14.72% (FCF TTM -927.6m / Enterprise Value 6.30b)
FCF Margin = -1.19k% (FCF TTM -927.6m / Revenue TTM 77.7m)
Net Margin = -1.23k% (Net Income TTM -957.4m / Revenue TTM 77.7m)
Gross Margin = 11.23% ((Revenue TTM 77.7m - Cost of Revenue TTM 68.9m) / Revenue TTM)
Gross Margin QoQ = 22.45% (prev 1.67%)
Tobins Q-Ratio = 2.15 (Enterprise Value 6.30b / Total Assets 2.93b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 782.2m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -755.2m (EBIT -956.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 20.63 (Total Current Assets 2.51b / Total Current Liabilities 121.8m)
Debt / Equity = 0.40 (Debt 782.2m / totalStockholderEquity, last quarter 1.96b)
Debt / EBITDA = 1.84 (negative EBITDA) (Net Debt -1.68b / EBITDA -913.9m)
Debt / FCF = 1.82 (negative FCF - burning cash) (Net Debt -1.68b / FCF TTM -927.6m)
Total Stockholder Equity = 1.29b (last 4 quarters mean from totalStockholderEquity)
RoA = -47.73% (Net Income -957.4m / Total Assets 2.93b)
RoE = -74.18% (Net Income TTM -957.4m / Total Stockholder Equity 1.29b)
RoCE = -48.00% (EBIT -956.0m / Capital Employed (Equity 1.29b + L.T.Debt 701.1m))
RoIC = -26.79% (negative operating profit) (NOPAT -755.2m / Invested Capital 2.82b)
WACC = 13.53% (E(7.99b)/V(8.77b) * Re(14.86%) + D(782.2m)/V(8.77b) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 14.86% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 94.75 | Cagr: 14.31%
[DCF] Fair Price = unknown (Cash Flow -927.6m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 1.56 | # QB: 1
Revenue Correlation: 64.96 | Revenue CAGR: 619.5% | SUE: 0.51 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.23 | Chg30d=-5.58% | Revisions=-44% | Analysts=8
EPS next Quarter (2026-09-30): EPS=-0.23 | Chg30d=-3.80% | Revisions=-30% | Analysts=8
EPS current Year (2026-12-31): EPS=-0.67 | Chg30d=+25.56% | Revisions=-25% | GrowthEPS=+18.3% | GrowthRev=+108.9%
EPS next Year (2027-12-31): EPS=-0.50 | Chg30d=+15.97% | Revisions=-25% | GrowthEPS=+25.4% | GrowthRev=+99.3%
[Analyst] Revisions Ratio: -50% (up=3, down=12)