Joby Aviation JOBY
United StatesIndustrials · Airports & Air ServicesUSD
10.68 USD (+85.7%)
9 analysts
Trading 2120.30 €Open account ↗
Lightyear0.90 €Open account ↗
N260.90 €Open account ↗
XTB1.00 €★ featured · affiliateOpen account ↗Trading 2120.30 €Open account ↗Lightyear0.90 €Open account ↗XTB1.00 €★ featured · affiliateOpen account ↗200.00 € order · cheapest cheapest available in your country iCompare all 22 brokers →What does it do?
Joby Aviation develops and plans to operate an electric vertical take-off and landing (eVTOL) air taxi service, with a business model that combines aircraft manufacturing and the operation of an urban air mobility platform.
Key points
from its scores- ✓Strong growth10.0
- ✕Demanding valuation0.2
- ✕Poor share-price trend0.3
- ✕Unfavourable risk and backdrop0.3
AI analysis
bottom line, main risk, context and newsHold in portfolio only for investors with high risk tolerance and a very long-term horizon, assuming the current price discounts an almost perfect execution success.
Joby Aviation is a pre-revenue company with a very solid cash position (liquidity 17.98) and an extremely demanding valuation (P/Sales of 49.26) that depends entirely on the success of its aircraft certification and subsequent commercial launch, making it highly sensitive to regulatory delays and a rising interest rate environment.
The main risk is regulatory: the FAA certification of the eVTOL aircraft is a long, complex, and highly uncertain process, and any delay or technical issue could postpone revenue generation for years and sink a valuation that already discounts a success scenario.
Context and risks
Joby Aviation is in the midst of the FAA certification phase for its eVTOL aircraft, a complex regulatory process with an uncertain timeline that is the main determinant of its valuation. Any delay or technical issue in this phase could postpone the start of commercial operations and the revenue stream.
Is Joby Aviation stock cheap or expensive?
at the analysis dateOn Price / sales, it trades 2,293% above the Industrials median.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| Price / book | 3.2 | 4.1 | −21% |
| Price / sales | 49.3 | 2.1 | +2,293% |
Sector: median of the 388 Industrials companies analysed. In bold, the multiples used for the comparison.
Valuation score: 0.2 out of 10 (median for Industrials: 5.0).
Average analyst target: 10.68 USD, +85.7% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 1.9 (sector 5.8), Growth 10.0 (sector 6.6).
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Industrials medianValuation
- Forward P/E
- −8.9
- EV / EBITDA
- −5.0
- Price / book
- 3.2
- Price / sales
- 49.3
- Market cap
- 5.7B USD
- Enterprise value
- 4.2B USD
Profitability
- ROE
- −65.9%
- ROA
- −27.5%
- ROIC (approx.)
- −31.0%
- Gross margin
- 34.3%
- Operating margin
- −675.2%
- Net margin
- 0.0%
- Free cash flow
- −436.4M USD
- FCF yield
- −7.6%
Solvency
- Total debt
- 747.7M USD
- Net debt
- −1.5B USD
- Cash
- 2.3B USD
- EBITDA
- −838.8M USD
- Net debt / EBITDA
- 1.81
- Debt / equity
- 42.32
- Current ratio
- 17.98
- Quick ratio
- 17.66
Growth
- Revenue growth
- +257,493.3%
- EPS (TTM)
- −0.97 USD
- EPS (forward)
- −0.65 USD
Dividend
- Dividend yield
- 0.0%
Risk and market
- Beta
- 2.66
- Analyst consensus
- Hold (9)
- Target price
- 10.68 USD
- 52-week range
- 5.58 – 18.77
Recent news
All JOBY news →Compare it with its sector
All 388 in Industrials →Frequently asked questions about Joby Aviation
Is Joby Aviation stock cheap or expensive?
On Price / sales, it trades 2,293% above the Industrials median. Valuation score: 0.2 out of 10 (median for Industrials: 5.0). Average analyst target: 10.68 USD, +85.7% versus the price. This is not investment advice.
What score does Joby Aviation get on MeridIAn Screener?
It scores 2.4 out of 10, rank 2,116 of 2,130 (better than 1% of the companies analysed). Its strongest category is Growth (10.0) and its weakest, Valuation (0.2). Analysis of 08/10/2026.
How much is Joby Aviation worth on the stock market?
Its market capitalisation is 5.7B USD and its enterprise value, debt included, is 4.2B USD.
How much debt does Joby Aviation have?
It has more cash than debt: net cash of 1.5B USD.
Does Joby Aviation pay a dividend?
It pays no dividend, or almost none.
How has Joby Aviation stock performed over the last year?
It has fallen 64.7% over the last year, excluding dividends. Over the last 52 weeks it has traded between 5.58 and 18.77 USD. Past performance does not guarantee future results.
What do analysts think of Joby Aviation?
9 analysts cover it; their average recommendation is “Hold” and their average target is 10.68 USD (+85.7% versus the price). It is an estimate, not market data.