Educational information, not financial advice or a personal recommendation. Not regulated by the FCA. Do your own research. Capital at risk.
Sterling AlmanacExploreStart hereFind your fitGlossaryCompareMy ListMy PieEarnings calendarSupport

Joby Aviation, Inc. (JOBY)

Industrials Out of favour

Joby Aviation is a California-based company working to build and operate electric air taxis designed to whisk passengers over congested city traffic.

$7.15

Is Joby Aviation, Inc. a good stock for a UK beginner?

The honest version: Joby Aviation is a California-based company working to build and operate electric air taxis designed to whisk passengers over congested city traffic.

No rating · no target price · nothing for sale here
Price+31.7%
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range-56% past year
$7.15
Low $6.63High $20.95
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into Joby Aviation, Inc.
$1,317+32%

Over about 2 years to 2026-07-31. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$7.03B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
40.64M
Day range: The lowest and highest price the shares traded at during the latest day.
$6.93 – $7.43
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$6.63 – $20.95
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.0%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
2.71
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 2.71
Calm
Wild
Bumpier than the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -1% past week · ▼ -56% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Commercial launch of air taxi services in major cities

The bear case

Failure to achieve commercial viability or safety standards

What does Joby Aviation, Inc. do?

Joby is essentially trying to create a new form of transport by developing electric vertical take-off and landing aircraft, often called air taxis. Its path to earnings runs through testing these prototypes and winning regulatory approval, with the goal of eventually launching a commercial passenger service. Their fortunes hinge on progress with aviation authorities, since they need official clearance before they can start flying paying customers.

VQGMI
Factor profile

On our factor screen it looks strongest on value and quality, and weakest on momentum.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 59Quality: How profitable and financially healthy the company is (higher = stronger). 31Growth: How fast revenue and earnings are growing (higher = faster). —Momentum: How the share price has been trending recently (higher = stronger recent run). 3Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 16
Quick checks
What's strong
  • Pioneering technology in a potentially massive new market
  • Strong focus on electric, sustainable aviation
  • High-profile partnerships and industry backing
What to watch
  • Quality screens low (31/100)
  • Momentum screens low (3/100)
  • Income screens low (16/100)
  • Strict and lengthy aviation safety regulations
  • High capital requirements to build and maintain aircraft

What do Joby Aviation, Inc.'s numbers mean?

P/S
98.3
This shows investors are paying nearly 100 times the company's current annual revenue, reflecting high expectations for future growth rather than current sales.
Net margin
0.0%
This indicates the company is not yet making a profit, as it is spending heavily on research and development to get its aircraft off the ground.
Beta
2.7
A beta this high means the share price tends to swing much more wildly than the wider stock market, making it a bumpier ride for shareholders.
P/B
3.9
This compares the company's market value to the value of its physical assets, showing that investors are paying a premium for the company's potential and technology.

How much money does Joby Aviation, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$7.71M$15.42M$23.13M$30.84MQ1 25Q2 25Q3 25Q4 25Q1 26
Gross margin
38.0%
Net margin
0.0%
Return on equity
-68.0%

Does Joby Aviation, Inc. pay a dividend?

No - Joby Aviation, Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

More in Industrials

GE VernovaGlobal Payments Inc.Delta Air LinesVertiv Holdings CoHowmet Aerospace Inc.EMCOR Group, Inc.Southwest Airlines Co.Masco Corporation

What are the scenarios for Joby Aviation, Inc.?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$19$7$4today · $7▲ Bull · $9• Base · $7▼ Bear · $6in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+15% to +25%Positive updates on flight testing milestones
Base
-5% to +5%Steady progress without major news
Bear
-15% to -30%Delays in regulatory certification processes

What are the pros and cons of Joby Aviation, Inc.?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Pioneering technology in a potentially massive new market
  • Strong focus on electric, sustainable aviation
  • High-profile partnerships and industry backing
The catch3
  • No current profit or significant commercial revenue
  • Extremely high valuation relative to current sales
  • High share price volatility
Key risks3
  • Strict and lengthy aviation safety regulations
  • High capital requirements to build and maintain aircraft
  • Potential for significant delays in technology rollout
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: USD · flags: pe, revenue_growth, earnings_growth · Charts by TradingView Lightweight Charts™
Found this useful? The Almanac is free and ad-free - a coffee keeps it that way.Support →

Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.