NYSE · JOBY
Joby Aviation, Inc.
Industrials · Airlines, Airports & Air Services
$4.90▼ 3.54% ($0.18)at close
After hours$4.91▲ 0.20%7:51 PM ET
Market cap
$4.87B
P/E
N/M
EPS (TTM)
-$0.91
Valuation
Revenue & margin DCF
Verdict: cheap. Price below all scenarios.
The price needs 12.9% revenue growth a year for 10 years. Our scenarios assume 14.1–24.4%.
That's below its past 2-year pace of 619.5%.
Value per share
Base case
$8.72
Price used $4.90 is 44% below this
USD · TTM ending Jun 30, 2026 · Price Oct 30, 8:00 PM UTC
Only 3 of the five annual revenue periods are available; growth uses the observed fiscal-year spans. Latest quarterly growth differs materially from the latest annual pace. It remains an observed growth input; review whether acceleration or a change in the business explains it.
1 more note
Reported operating earnings and the comparable cash-flow estimate differ substantially; the model retains the reported-margin anchor.
Revenue each value needs
Revenue today $116M. The price needs $392M by 2036. Base case: $697M. At its recent pace: $43,240.0T. Bear to Bull: $433M to $1B.
Revenue today $116M. The price needs $392M by 2036. Base case: $697M. At its recent pace: $43,240.0T. Bear to Bull: $433M to $1B.
Revenue in 2036
today $116M
−$305Mless than the Base case
Value per share · Base case
$8.72
Price $4.90
44% below this
- 10-yr revenue CAGR
- 19.6%
- Ending operating margin
- 0.0%
- Discount rate
- 13.9%
Only 3 of the five annual revenue periods are available; growth uses the observed fiscal-year spans. Latest quarterly growth differs materially from the latest annual pace. It remains an observed growth input; review whether acceleration or a change in the business explains it.
1 more note
Reported operating earnings and the comparable cash-flow estimate differ substantially; the model retains the reported-margin anchor.
USD · TTM ending Jun 30, 2026 · Price Oct 30, 8:00 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 70.39% over the last year. Operating margin moved from -650,732.65% to -759.2%. Free cash flow declined 48.65% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at -759.2%. A decisive shift in revenue or free cash flow over the next period would be the clearest signal to resolve the ambiguity.
Return analysis
Company profile
Joby Aviation, Inc. is a vertically integrated air mobility firm specializing in the development of electric vertical takeoff and landing (eVTOL) aircraft.
Market multiples
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Analyst consensus
2
Buy
3
Hold
3
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Actuals vs estimates by quarter, or any quarter against the same one a year earlier.
Next report
Nov 4, 2026
Q3 FY26 · EPS est -$0.25 · Revenue est $39.0M
Q2 FY26
Reported Aug 5, 2026 · Latest
HoverTap a quarter to inspect
Actual
-$0.25
Estimate
-$0.23
Year over year
n/m
Vs prior quarter
n/m
2 beats · 2 misses in the last 4 quarters
Institutional Sentiment
Joby Aviation, Inc. · JOBY
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.