Joby Aviation, Inc. (JOBY)
Joby Aviation is a California-based company working to build and operate electric air taxis designed to whisk passengers over congested city traffic.
Is Joby Aviation, Inc. a good stock for a UK beginner?
The honest version: There's no rating here and nothing for sale. In its favour: Pioneering technology in a potentially massive new market. Worth weighing: No current profit or significant commercial revenue.
Is this normal for this company?
Each figure against the range this same company has produced recently. Neither end of a range is the good end.
Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.
How these ranges are built
Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.
What does Joby Aviation, Inc. do?
Joby is essentially trying to create a new form of transport by developing electric vertical take-off and landing aircraft, often called air taxis. Its path to earnings runs through testing these prototypes and winning regulatory approval, with the goal of eventually launching a commercial passenger service. Their fortunes hinge on progress with aviation authorities, since they need official clearance before they can start flying paying customers.
On our factor screen it looks strongest on growth and value, and weakest on momentum.
- !Pays no dividend - the whole return rides on the share price
- ✓Growing - revenue up about 257493% over the year
- Growth screens high
- Quality screens low
- Momentum screens low
- Income screens low
Does Joby Aviation, Inc. pay a dividend?
No - Joby Aviation, Inc. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.
Does Joby Aviation, Inc. have more cash or more debt?
It holds about $2.26B in cash against about $747.71M of debt - so it has net cash of about $1.52B. More cash than debt is a cushion: it does not need to borrow just to cover what it owes.
From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.
What do Joby Aviation, Inc.'s numbers mean?
How has it performed?
Growth of £1,000, the worst fall, and year by year
Over about 2 years to 2026-09-11. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
How much has Joby Aviation, Inc. actually fallen?
Over the last 2 years of daily prices, Joby Aviation, Inc. fell as much as −69% from a high to a later low. Falls like this are normal when you own a share.
Past falls are not a forecast - it can fall further, or recover.
How has it done year by year?
Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.
A closer look at the numbers
Ownership, earnings history, where the money goes, and the outlook range
Does the share price tell you if it's cheap or expensive?
Who owns Joby Aviation, Inc.?
About 43% of Joby Aviation, Inc., or about 43 in every 100 shares, is held by big institutions such as pension and index funds, and company insiders hold about 32%. The rest, roughly 25%, is held by the public and smaller investors.
What this does and doesn't tell you
This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
How much money does Joby Aviation, Inc. make?
Revenue and profit by quarter, and how much of each sale turns into profit.
When does Joby Aviation, Inc. report earnings, and how did recent quarters go?
Joby Aviation, Inc. is next scheduled to report on about 2026-11-04 - dates can move, and we don't predict results; this just tells you when to look.
‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-05-05 | $-0.21 | $-0.12 | Beat +41% |
| 2026-02-25 | $-0.20 | $-0.22 | Missed -10% |
| 2025-11-05 | $-0.19 | $-0.20 | Missed -8% |
| 2025-08-06 | $-0.20 | $-0.20 | Missed -1% |
| 2025-05-07 | $-0.19 | $-0.20 | Missed -7% |
| 2025-02-26 | $-0.19 | $-0.19 | In line |
Across the last 6 quarters here, Joby Aviation, Inc. came in ahead of what analysts expected 1 time. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Where these figures come from
Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.
What are the scenarios for Joby Aviation, Inc.?
An illustrative range for the year ahead — not a prediction or a price target.
What are the pros, cons and common questions?
The case each way, and the questions people ask
Commercial launch of air taxi services in major cities
Failure to achieve commercial viability or safety standards
What are the pros and cons of Joby Aviation, Inc.?
A balance check, not a score or verdict.
- Pioneering technology in a potentially massive new market
- Strong focus on electric, sustainable aviation
- High-profile partnerships and industry backing
- No current profit or significant commercial revenue
- Extremely high valuation relative to current sales
- High share price volatility
- Strict and lengthy aviation safety regulations
- High capital requirements to build and maintain aircraft
- Potential for significant delays in technology rollout
The write-up's own warning lights — if these start happening, the case above changes.
- A permanent halt to regulatory certification
- A total shift in business model away from air taxis
Common questions about Joby Aviation, Inc.
Does Joby Aviation, Inc. pay a dividend?
No - Joby Aviation, Inc. does not currently pay a dividend, so the return would rest on the share price. Many growing companies reinvest profits instead of paying them out.
When does Joby Aviation, Inc. report earnings next?
Joby Aviation, Inc. is next scheduled to report results on about 2026-11-04. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.
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Morgan Sindall Group plcBuilt from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.