# Joby Aviation (JOBY.US)

Canonical: https://gigainvestors.com/s/JOBY

Analysis as of: 2026-10-16T07:29:32.003Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $4.81 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [Dan Davidowitz](https://gigainvestors.com/pcm): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 72% since Oct 2025 · "Joby Aviation shares fall after $500 million Resonant Sciences acquisition" (finance.yahoo.com, Aug 2026)

Story as of 2026-10-16T09:58:59.856Z; price observation 2026-10-15.

- 2025-05-29: Joby Aviation, Inc. (JOBY) Soars Almost 29% After Securing $250 Million Investment from Toyota ([finance.yahoo.com](https://finance.yahoo.com/news/joby-aviation-inc-joby-soars-002927597.html))

- 2025-06-30: Joby Aviation stock rises after successful piloted flights in Dubai ([investing.com](https://www.investing.com/news/stock-market-news/joby-aviation-stock-rises-after-successful-piloted-flights-in-dubai-93CH-4117050))

- 2025-07-15: Joby Aviation stock soars after doubling aircraft production capacity ([investing.com](https://www.investing.com/news/stock-market-news/joby-aviation-stock-soars-after-doubling-aircraft-production-capacity-93CH-4136234))

- 2025-11-07: Joby Aviation Faces Massive Sell-Off After Heavy Q3 Loss Despite Record Revenue ([finance.yahoo.com](https://finance.yahoo.com/news/electric-air-taxi-maker-joby-113043928.html))

- 2026-01-29: Joby Sells Off as Dilution Follows $1.2 billion Raise ([finance.yahoo.com](https://finance.yahoo.com/news/joby-sells-off-dilution-follows-161349792.html))

- 2026-05-20: Joby Aviation Nears Air Taxi Launch As FAA Progress Meets Partner Plans ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/joby-aviation-nears-air-taxi-031259531.html))

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in airports & air services; annual sales are USD 53.4 million.

- Source: https://www.sec.gov/Archives/edgar/data/1819848/000181984826000160/joby-20251231.htm (filed 2026-02-27); FY2025: revenue 53425000; grossProfit -16061000; margin = grossProfit / revenue.

### Where the cash goes

Paid dividends in 1 of 6 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-27); Dividend observations: [[2020,0],[2021,0],[2022,0],[2023,8973000],[2024,0],[2025,0]]. Zero only counted when supported by a complete cash-flow statement.

### Are managers owners

Insiders own 32.3% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); JOBY.US SharesStats.PercentInsiders = 32.257999999999996 percentage points; cache date 2026-10-16.

### What the price says

The price is 74.4 times annual sales; cash earnings are negative.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-27); Closing price 4.81 USD; reporting-to-trading FX 1; FY2025 annual sales per share 0.06466031449627185; price multiple 74.38875046420215. FY2025 cash earnings/share -1.1253884165061752. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2020-11: $11.25 per share

- 2020-12: $11.56 per share

- 2021-01: $12.26 per share

- 2021-02: $11.74 per share

- 2021-03: $10.15 per share

- 2021-04: $9.90 per share

- 2021-05: $9.95 per share

- 2021-06: $9.98 per share

- 2021-07: $9.98 per share

- 2021-08: $12.71 per share

- 2021-09: $10.06 per share

- 2021-10: $8.68 per share

- 2021-11: $7.93 per share

- 2021-12: $7.30 per share

- 2022-01: $4.15 per share

- 2022-02: $5.14 per share

- 2022-03: $6.62 per share

- 2022-04: $5.24 per share

- 2022-05: $5.90 per share

- 2022-06: $4.91 per share

- 2022-07: $5.54 per share

- 2022-08: $5.30 per share

- 2022-09: $4.33 per share

- 2022-10: $4.82 per share

- 2022-11: $4.12 per share

- 2022-12: $3.35 per share

- 2023-01: $4.42 per share

- 2023-02: $4.70 per share

- 2023-03: $4.34 per share

- 2023-04: $4.33 per share

- 2023-05: $5.62 per share

- 2023-06: $10.26 per share

- 2023-07: $8.95 per share

- 2023-08: $7.45 per share

- 2023-09: $6.45 per share

- 2023-10: $5.27 per share

- 2023-11: $5.96 per share

- 2023-12: $6.65 per share

- 2024-01: $5.46 per share

- 2024-02: $5.62 per share

- 2024-03: $5.36 per share

- 2024-04: $5.05 per share

- 2024-05: $4.87 per share

- 2024-06: $5.10 per share

- 2024-07: $5.98 per share

- 2024-08: $5.00 per share

- 2024-09: $5.03 per share

- 2024-10: $4.80 per share

- 2024-11: $8.95 per share

- 2024-12: $8.13 per share

- 2025-01: $8.26 per share

- 2025-02: $7.00 per share

- 2025-03: $6.02 per share

- 2025-04: $6.30 per share

- 2025-05: $7.82 per share

- 2025-06: $10.55 per share

- 2025-07: $16.66 per share

- 2025-08: $14.15 per share

- 2025-09: $16.14 per share

- 2025-10: $17.34 per share

- 2025-11: $14.43 per share

- 2025-12: $13.20 per share

- 2026-01: $10.57 per share

- 2026-02: $10.06 per share

- 2026-03: $8.26 per share

- 2026-04: $9.19 per share

- 2026-05: $11.90 per share

- 2026-06: $8.92 per share

- 2026-07: $7.15 per share

- 2026-08: $6.84 per share

- 2026-09: $6.05 per share

- 2026-10: $4.81 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1819848/000181984826000160/joby-20251231.htm); period 2025-12-31, filed 2026-02-27.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.