JOBY
Joby Aviation, Inc.
JOBY
6.44USD
+0.47%
Sep 23, 2026
Price
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Price Action
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryDamaged / breakdown
The technical structure itself is broken across timeframes — the weakest entry profile.
Key Financials
- Market Cap
- $6.4B
- Avg Volume (60D)
- 29.8M
- Gross Margin
- +34.3%
- Operating Margin
- -759.2%
- Free Cash Flow Yield
- -11.7%
- Distance from 200DMA
- -35.2%
- Next Earnings
- 2026-11-04
- P/E
- N/M
- EV / Sales
- 41.3x
60 sessions
Trailing twelve months
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026
Fundamentals & Valuation
Two of the three valuation perspectives say cheap; intrinsic is the dissenting view. The published stance is held at fair because no positive free cash flow behind the low multiple.
Joby Aviation, Inc. has a Fair valuation stance because the price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.
Company Research
Thesis
Joby is a vertically integrated eVTOL developer pursuing FAA type certification, aircraft manufacturing, and launch of operated passenger air-taxi networks, while also maintaining government and defense-oriented flight and technology work.
Opportunity
Moderate opportunity
Certification, production ramp, operating authorization, vertiport access, and initial route deployment for electric vertical-takeoff-and-landing aircraft serving passenger and other early advanced-air-mobility use cases.
Key risk
Regulatory approval delays or failures.
Narrative & Theme
Advanced Air Mobility Commercialization
Part of Certified eVTOL Air-Taxi Aircraft and Initial Service Networks, with strong fit.
JOBY has a direct, company-independent exposure to the commercialization of advanced air mobility: its core economic outcome depends on certifying a piloted eVTOL aircraft, scaling conforming production, and establishing initial service networks.
Narrative HeatCooling4.4 / 10
Theme HeatHeating up7.4 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.
Business & Markets
Industrials · Airports & Air Services
What they do
Joby Aviation designs, develops, tests, manufactures, and sells electric vertical takeoff and landing (eVTOL) aircraft primarily for passenger transportation and government flight services across the US, Japan, Europe, and other international markets.
How it earns
The company generates revenue through the sale of aircraft and related flight and engineering services.
Products & services
Electric vertical takeoff and landing aircraft
Passenger transportation facilitation
Government flight services
Customer demonstration and engineering services
Customers & end markets
Passenger transportation operators
Government agencies
Market position
Emerging challenger in the nascent eVTOL and urban air mobility market.
Demand drivers
Medium cyclicality
Demand for air mobility services can be influenced by economic cycles and regulatory developments.