Joby Aviation Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 39 out of 71 in the Aerospace & Defense industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 13.44.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Joby Aviation Inc is 7.00, ranking 39 out of 71 in the Aerospace & Defense industry. Its financial status is robust, and its operating efficiency is low. Its latest quarterly revenue reached 30.84M, representing a year-over-year increase of 55965.45%, while its net profit experienced a year-over-year increase of 50.65%.
Key Metrics
The current valuation score of Joby Aviation Inc is 8.24, ranking 14 out of 71 in the Aerospace & Defense industry. Its current P/E ratio is -8.19, which is -25.44% below the recent high of -6.11 and -135.08% above the recent low of -19.26.
The current earnings forecast score of Joby Aviation Inc is 6.00, ranking 60 out of 71 in the Aerospace & Defense industry. The average price target is 10.00, with a high of 22.00 and a low of 6.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Joby Aviation Inc is 8.94, ranking 32 out of 71 in the Aerospace & Defense industry. Currently, the stock price is trading between the resistance level at 10.16 and the support level at 8.02, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Joby Aviation Inc is 3.00, ranking 46 out of 71 in the Aerospace & Defense industry. The latest institutional shareholding proportion is 35.03%, representing a quarter-over-quarter increase of 1.57%. The largest institutional shareholder is The Vanguard, holding a total of 52.43M shares, representing 5.35% of shares outstanding, with 0.60% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Aerospace & Defense domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Joby Aviation Inc is 4.02, ranking 43 out of 71 in the Aerospace & Defense industry. The company's beta value is 2.71. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
