Streetbeat News

JOBY

Joby Aviation, Inc.

https://www.jobyaviation.com

Industry

Airlines, Airports & Air Services

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. It intends to build an aerial ridesharing service. The company was founded in 2009 and is headquartered in Santa Cruz, California.

Open

5.88

Mkt cap

4.4B

Volume

12M

High

5.89

P/E Ratio

-8.19

52-wk high

7.69

Low

5.58

Div yield

N/A

52-wk low

4.50

Joby Aviation has formally applied for its electric air taxi to be certified for use in Australia. The company is also seeking validation of its FAA type certificate by aviation authorities in Japan and the UK.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 10:01 am

Shares of companies within the broader industrial sector are trading lower amid overall market weakness following weak US data.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:47 pm

Jim Cramer provided stock recommendations on CNBC's 'Mad Money Lightning Round,' highlighting several companies. He recommended buying Lowe’s Companies, Inc. (LOW) ahead of the Federal Reserve's rate cut cycle and expressed positive views on Blackstone Inc. (BX) and Marvell Technology, Inc. (MRVL). He suggested selling Joby Aviation, Inc. (JOBY) and swapping Edwards Lifesciences Corporation (EW) for Boston Scientific (BSX). Cramer also preferred Schlumberger NV (SLB) over Borr Drilling Limited (BORR) and Abbott (ABT) over DexCom, Inc. (DXCM).

Portfolio Pulse from Avi Kapoor

July 31, 2024 | 1:08 pm

JP Morgan analyst Bill Peterson maintains a Neutral rating on Joby Aviation (NYSE:JOBY) and raises the price target from $5 to $6.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 2:58 pm

As Q2 earnings season approaches, clean tech stocks like Enovix Corp (NASDAQ:ENVX) and ChargePoint Holdings Inc (NYSE:CHPT) are in focus. Despite recent gains, the sector remains volatile. Analyst Bill Peterson highlights cautious investor sentiment and elevated short interest. Enovix has announced new commercial agreements and plans to scale production, leading to a raised price target. ChargePoint is expected to see sequential improvement but faces mixed demand. Archer Aviation Inc (NYSE:ACHR) and Joby Aviation Inc (NYSE:JOBY) have surged but may not align with fundamentals. Plug Power Inc (NASDAQ:PLUG) faces policy uncertainty affecting growth. The sector faces political and economic risks, with upcoming earnings likely to address these issues.

Portfolio Pulse from Surbhi Jain

July 24, 2024 | 12:33 pm

Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Joby Aviation (NYSE:JOBY) and maintained a $10 price target.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 5:37 pm

Selective Insurance Group (NASDAQ:SIGI) shares fell 14.8% after reporting weak quarterly results, missing both earnings and sales estimates. Other notable stock movements include Augmedix (NASDAQ:AUGX) surging 148.8% on acquisition news, and SunPower Corporation (NASDAQ:SPWR) dropping 45.8% following an operational pause and analyst downgrade.

Portfolio Pulse from Avi Kapoor

July 19, 2024 | 5:24 pm

Shares of companies within the broader industrial sector are trading higher following positive Core Retail Sales and Retail Sales economic data. Additionally, trader optimism about potential Fed rate cuts is contributing to the sector's strength.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 6:14 pm

Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Joby Aviation (NYSE:JOBY) and maintained a $10 price target.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 2:37 pm

Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Joby Aviation (NYSE:JOBY) and maintained a $10 price target.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 3:46 pm

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