Joby Aviation Stock Analysis

JOBY
 Stock
  

USD 6.67  0.27  4.22%   

The current price rise of Joby Aviation may raise some interest from investors. The stock closed today at a share price of 6.67 on 6,221,660 in trading volume. The company management teams may have good odds in positioning the firm resources to exploit market volatility in September. The stock standard deviation of daily returns for 90 days investing horizon is currently 5.09. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Joby Aviation partners.
Please see Risk vs Return Analysis.
  
The Joby Aviation stock analysis report makes it easy to digest most publicly released information about Joby Aviation and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Joby Aviation Stock analysis module also helps to analyze the Joby Aviation price relationship with some important fundamental indicators such as market cap and management efficiency.

Joby Aviation Stock Analysis Notes

About 43.0% of the company shares are held by company insiders. The book value of Joby Aviation was currently reported as 2.16. The company has Price/Earnings To Growth (PEG) ratio of 0.91. Joby Aviation recorded a loss per share of 0.38. The entity had not issued any dividends in recent years. 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. The company was founded in 2009 and is headquartered in Santa Cruz, California. Joby Aviation operates under Airports Air Services classification in the United States and is traded on New York Stock Exchange. It employs 1124 people. To learn more about Joby Aviation call JoeBen Bevirt at 831 426 3733 or check out https://www.jobyaviation.com.

Joby Aviation Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Joby Aviation's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Joby Aviation or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Joby Aviation is way too risky over 90 days horizon
Joby Aviation appears to be risky and price may revert if volatility continues
Net Loss for the year was (201.14 M).
Joby Aviation currently holds about 1.22 B in cash with (227.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.01.
Joby Aviation has a frail financial position based on the latest SEC disclosures
Roughly 43.0% of the company shares are held by company insiders
Latest headline from uk.sports.yahoo.com: Trade Alert The Founder Of Joby Aviation, Inc. , JoeBen Bevirt, Has Just Spent US194k Buying A Few More Shares - Yahoo Eurosport UK

Joby Aviation Upcoming and Recent Events

Earnings reports are used by Joby Aviation to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Joby Aviation previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report10th of February 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End10th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Joby Aviation Largest EPS Surprises

Earnings surprises can significantly impact Joby Aviation's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-05-12
2022-03-31-0.12-0.14-0.0216 
2021-11-12
2021-09-30-0.11-0.05810.051947 
2022-03-24
2021-12-31-0.150.010.16106 
View All Earnings Estimates

Joby Aviation SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Joby Aviation prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Joby Aviation investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Joby Aviation specific information freely available to individual and institutional investors to make a timely investment decision.
5th of July 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
14th of June 2022
Submission of Matters to a Vote of Security Holders
View
25th of May 2022
Financial Statements and Exhibits. Other Events
View
12th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
24th of March 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
22nd of February 2022
Unclassified Corporate Event
View
16th of February 2022
Financial Statements and Exhibits. Regulation FD Disclosure
View
14th of February 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Unclassified Corporate Event
View

Joby Aviation Thematic Classifications

In addition to having Joby Aviation stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Aircraft
USA Equities from Aircraft industry as classified by Fama & French
Air
Air services and air delivery

Joby Aviation Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 3.72 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Joby Aviation's market, we take the total number of its shares issued and multiply it by Joby Aviation's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Joby Aviation Profitablity

Joby Aviation's profitability indicators refer to fundamental financial ratios that showcase Joby Aviation's ability to generate income relative to its revenue or operating costs. If, let's say, Joby Aviation is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Joby Aviation's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Joby Aviation's profitability requires more research than a typical breakdown of Joby Aviation's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for 2022
Return on Average Assets(0.17) (0.18) 
Return on Average Equity(0.37) (0.39) 
Return on Invested Capital(0.43) (0.46) 

Management Efficiency

The entity has return on total asset (ROA) of (16.31) % which means that it has lost $16.31 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (20.01) %, meaning that it created substantial loss on money invested by shareholders. Joby Aviation management efficiency ratios could be used to measure how well joby aviation manages its routine affairs as well as how well it operates its assets and liabilities. Return on Average Assets is likely to drop to -0.18 in 2022. Return on Average Equity is likely to drop to -0.39 in 2022. Tangible Assets Book Value per Share is likely to rise to 6.77 in 2022, whereas Total Assets are likely to drop slightly above 1.3 B in 2022.
Last ReportedProjected for 2022
Book Value per Share 4.47  4.82 
Enterprise Value over EBIT(18.00) (19.42) 
Enterprise Value over EBITDA(19.68) (21.23) 
Price to Book Value 3.35  3.61 
Tangible Assets Book Value per Share 4.96  6.77 
Enterprise Value3.4 B3.1 B
Tangible Asset Value1.5 B1.3 B

Technical Drivers

As of the 9th of August, Joby Aviation retains the Market Risk Adjusted Performance of 0.2457, risk adjusted performance of 0.096, and Downside Deviation of 5.45. Joby Aviation technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have analyzed nineteen technical drivers for Joby Aviation, which can be compared to its competitors. Please check out Joby Aviation market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Joby Aviation is priced fairly, providing market reflects its last-minute price of 6.67 per share. Given that Joby Aviation has jensen alpha of 0.4349, we strongly advise you to confirm Joby Aviation's regular market performance to make sure the company can sustain itself at a future point.

Joby Aviation Price Movement Analysis

The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The MESA Adaptive Moving Average indicator adapts to Joby Aviation price movement based on the rate change of phase as measured by the Hilbert Transform Discriminator.
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Joby Aviation Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Joby Aviation insiders, such as employees or executives, is commonly permitted as long as it does not rely on Joby Aviation's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Joby Aviation insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Joby Aviation Technical and Predictive Indicators

Joby Aviation Forecast Models

Joby Aviation time-series forecasting models is one of many Joby Aviation's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Joby Aviation's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Joby Aviation Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Joby Aviation stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Joby Aviation shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Joby Aviation. By using and applying Joby Aviation Stock analysis, traders can create a robust methodology for identifying Joby Aviation entry and exit points for their positions.
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. The company was founded in 2009 and is headquartered in Santa Cruz, California. Joby Aviation operates under Airports Air Services classification in the United States and is traded on New York Stock Exchange. It employs 1124 people.

Current Joby Aviation Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Joby Aviation analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Joby Aviation analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
16.0Strong Buy1Odds
Joby Aviation current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Joby Aviation analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Joby Aviation stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Joby Aviation, talking to its executives and customers, or listening to Joby Aviation conference calls.
Joby Aviation Analyst Advice Details

Joby Aviation Stock Analysis Indicators

Joby Aviation stock analysis indicators help investors evaluate how Joby Aviation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Joby Aviation shares will generate the highest return on investment. By understating and applying Joby Aviation stock analysis, traders can identify Joby Aviation position entry and exit signals to maximize returns.
Quick Ratio67.36
Fifty Two Week Low3.61
Shares Short Prior Month32.35M
Average Daily Volume Last 10 Day2.69M
Average Daily Volume In Three Month5.66M
Shares Percent Shares Out6.19%
Short Percent Of Float16.58%
Forward Price Earnings-11.00
Float Shares262.27M
Fifty Two Week High14.33
Enterprise Value To Ebitda-7.38
Fifty Day Average5.26
Two Hundred Day Average6.01
Please see Risk vs Return Analysis. Note that the Joby Aviation information on this page should be used as a complementary analysis to other Joby Aviation's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Joby Aviation price analysis, check to measure Joby Aviation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Joby Aviation is operating at the current time. Most of Joby Aviation's value examination focuses on studying past and present price action to predict the probability of Joby Aviation's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Joby Aviation's price. Additionally, you may evaluate how the addition of Joby Aviation to your portfolios can decrease your overall portfolio volatility.
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Is Joby Aviation's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Joby Aviation. If investors know Joby Aviation will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Joby Aviation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
B
Return On Assets
-0.16
Return On Equity
-0.2
The market value of Joby Aviation is measured differently than its book value, which is the value of Joby Aviation that is recorded on the company's balance sheet. Investors also form their own opinion of Joby Aviation's value that differs from its market value or its book value, called intrinsic value, which is Joby Aviation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Joby Aviation's market value can be influenced by many factors that don't directly affect Joby Aviation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Joby Aviation's value and its price as these two are different measures arrived at by different means. Investors typically determine Joby Aviation value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Joby Aviation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.