Not a good buy right now for an impatient entry: price is breaking down toward support (~10.35) with negative momentum (MACD below 0) and pre-market weakness (-3.08% to 10.06).
Oversold RSI (6) at ~14 suggests a bounce is possible, but there is no proprietary “strong buy” trigger today and pattern-based odds lean slightly bearish over the next day/week/month.
Options positioning is call-heavy (bullish sentiment), but it’s paired with elevated implied volatility and a recent dilution event—better suited to traders already positioned than new buyers chasing a bottom.
Trend/Momentum: MACD histogram -0.456 (below 0) and only “negatively contracting” → downside momentum is still present, even if selling pressure may be easing.
RSI: RSI_6 = 14.017 → deeply oversold; this often precedes short-lived bounces, but oversold alone is not a reliable buy trigger.
Moving averages: “Converging” MAs → consolidation/indecision after a move; not yet showing a clean reversal structure.
Key levels: S1 = 10.351 (very close to current area) then S2 = 9.117. If 10.35 fails, downside room opens quickly toward ~9.12.
Pre-market context: trading ~10.06 (below/near S1) increases the risk of a support breakdown at the open.
Quant/pattern read: Similar-pattern study suggests ~60% chance of -1.43% next day, -0.6% next week, -2.77% next month → modest bearish bias near-term.
Options Data
Bullish
Open Interest Put-Call Ratio
Bullish
Option Volume Put-Call Ratio
Sentiment: Put/Call ratios are low (OI 0.49; Volume 0.27) → call-heavy positioning, typically bullish.
Activity: Today’s option volume 41,631 vs 30D average ~93.5% → active but not a blow-off spike.
Volatility: IV30 ~86.59 vs HV ~78.57; IV percentile ~73.31 (elevated) → market is pricing substantial moves; options are relatively expensive.
Skew/positioning implication: bullish positioning exists, but elevated IV suggests traders are paying up for exposure (or hedging), which can cap near-term risk/reward for fresh long entries.
Technical Summary
Sell
9
Buy
6
Positive Catalysts
Operations catalyst: Dubai air taxi service planned “this year,” with infrastructure partnership for four landing sites (potential milestone-driven upside).
Scale-up narrative: Expanding manufacturing capabilities with the goal of becoming the first certified electric air taxi company (if certification progress is validated).
Flow/support: Hedge funds are reported as buying aggressively over the last quarter (strong institutional accumulation signal).
Capital raise completed: $1.29B raised provides runway to execute, reducing near-term funding risk (despite dilution).
Neutral/Negative Catalysts
Event risk: Next earnings (QDEC
on 2026-03-03 after hours could reprice the stock sharply either way.
Financial Performance
Latest quarter provided: 2025/Q3.
Revenue: $22.57M, up 80,521.43% YoY (very large % growth off a low base; indicates ramping activity).
Profitability: Net income -$401.226M (still deeply negative), though marked as improved YoY; EPS -0.48 also improved YoY but remains loss-making.
Margins: Gross margin 55.44% (up 19.41% YoY) → unit economics/contract mix improving, but operating losses remain the central issue.
Takeaway: Strong top-line growth/margins, but the business is still in heavy investment mode with substantial losses—near-term price action will stay highly catalyst- and sentiment-driven.
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Most recent update (2026-02-04): Canaccord cut price target to $15.50 from $17 and maintained a Hold rating.
Rationale: Model updated for dilution + interest expense following the $1.29B equity/convertible offerings.
Wall Street-style pros view: Large runway from new capital, manufacturing expansion + Dubai launch narrative, and “first certified” upside optionality.
Wall Street-style cons view: Dilution/financing overhang, unclear certification timeline, and limited current revenue scale vs. ongoing losses keeps risk elevated—hence Hold despite higher long-term upside targets.
Wall Street analysts forecast JOBY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JOBY is 15.67 USD with a low forecast of 8 USD and a high forecast of 22 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast JOBY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JOBY is 15.67 USD with a low forecast of 8 USD and a high forecast of 22 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
3 Hold
2 Sell
Hold
Current: 9.460
Low
8
Averages
15.67
High
22
Current: 9.460
Low
8
Averages
15.67
High
22
Canaccord
Hold
downgrade
$17
AI Analysis
2026-02-04
New
Reason
Canaccord
Price Target
$17
AI Analysis
2026-02-04
New
downgrade
Hold
Reason
Canaccord lowered the firm's price target on Joby Aviation to $15.50 from $17 and keeps a Hold rating on the shares. The fim updatedits model following the completion of its equity and convertible debt offerings announced last week that raised $1.29B in new capital. The new target reflects the dilution effect and interest expense from the offerings.
Needham
Chris Pierce
Buy
maintain
$22
2025-11-06
Reason
Needham
Chris Pierce
Price Target
$22
2025-11-06
maintain
Buy
Reason
Needham analyst Chris Pierce keeps a Buy rating and $22 price target on Joby Aviation after its Q3 results and commentary. The company continues to exhibit strong momentum with their S4 aircraft against an improving eVTOL backdrop, increasing confidence in international use cases, and pulling forward potential domestic flight while increasing investor comfort in eventual type certification, the analyst tells investors in a research note.
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