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 (NYSE:JOBY) reported Q4 earnings with an EPS of $-0.17, beating estimates by 5.56% and showing a revenue increase of $1.03 million year-over-year. The company's past earnings performance saw a 13.06% share price increase the following day.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:15 pm

Joby Aviation projects its cash, cash equivalents, and short-term investments to be between $440M and $470M for FY24.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:15 pm

Joby Aviation (NYSE:JOBY) reported Q4 2023 earnings with a GAAP EPS of $(0.17), surpassing the $(0.19) estimate. However, their sales of $1.03M fell short of the $1.05M estimate.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:13 pm

Joby has successfully completed the third of five stages in the FAA type certification process, becoming the first eVTOL company to achieve this milestone towards commercialization.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 1:10 pm

The article lists companies scheduled to report their earnings on February 21, 2024, including their expected earnings per share and revenue. It covers a wide range of industries and includes both companies expected to report profits and losses.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 10:09 am

Joby Aviation (NYSE:JOBY) is scheduled to release its quarterly earnings report on February 21, 2024, with an expected EPS of $-0.18. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historically, Joby Aviation has had mixed earnings performance but has seen a 44.06% increase in share price over the last 52 weeks. The company's stock was trading at $6.2 as of February 19.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 2:02 pm

Jim Cramer discussed various stocks on CNBC's 'Mad Money Lightning Round,' offering mixed recommendations. He advised waiting on DICK'S Sporting Goods due to its parabolic move, praised Iron Mountain and Toyota for their potential despite recent price movements, and criticized Rockwell Automation for a poor quarterly report. Cramer was hesitant about Joby Aviation's distance from profitability and Palantir Technologies' recent surge, while expressing a need for a good quarter from Dutch Bros and recommending Sempra for its yield and growth potential. Analysts and company announcements provided additional context for these evaluations.

Portfolio Pulse from Avi Kapoor

February 14, 2024 | 2:06 pm

Shares of companies in the industrial sector are down due to a higher-than-expected rise in January inflation data, affecting investor sentiment and stock prices.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 8:38 pm

Joby Aviation Inc (NYSE:JOBY) shares rose after announcing an agreement to launch an air taxi service in the UAE by early 2026, with exclusive rights in Dubai for six years. The company also partnered with Skyports for vertiport sites in Dubai. Joby targets initial operations by 2025. Additionally, Joby has an average 1-year price target of $10, indicating a 56.25% expected upside. Shares were up 8.07% at $6.40 at the time of publication.

Portfolio Pulse from Adam Eckert

February 12, 2024 | 2:07 pm

Joby Aviation's stock is on the rise following the announcement of a definitive agreement with Dubai's Road and Transport Authority to initiate air taxi services in Dubai by early 2026.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 2:04 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.