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Upturn AI Summary - About
Joby Aviation(JOBY)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for JOBY
09/25/2026: JOBY (1-star) is currently NOT-A-BUY. Pass it for now.
Joby Aviation is a pre-revenue aerospace company focused on developing and manufacturing electric vertical take-off and landing (eVTOL) aircraft for commercial urban air taxi services. Its business strengths lie in its proprietary electric propulsion technology and significant strategic partnerships with firms like Toyota and Delta Air Lines. The primary investment story centers on the company’s potential to pioneer a new era of short-haul, zero-emission urban transportation. However, investors face substantial risks related to FAA certification, high cash burn, and the long-term infrastructure required for air taxis. Joby may best suit growth-oriented investors with high risk tolerance who are interested in long-term developments in aerial mobility.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | Joby represents a high-risk, high-reward play on the potential disruption of urban transportation. |
| Momentum investor | Mixed fit | Momentum varies based on news flow surrounding FAA certifications and strategic partnerships. |
| Value investor | Weak fit | The company lacks current earnings or revenue, making traditional value metrics inapplicable. |
| Dividend investor | Weak fit | Joby does not pay dividends and requires all capital for R&D. |
| Low-risk investor | Weak fit | The company's speculative nature and lack of commercial revenue present high volatility risks. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is highly sensitive to news regarding certification progress and sector sentiment. |
| Valuation risk | High | Valuations are driven by future growth expectations rather than current fundamentals. |
| Competition risk (eVTOL development) | Medium / high | Numerous well-funded startups are racing to be the first to achieve commercial viability. |
| Business quality | Medium | While the technology is advanced, the company has yet to prove a repeatable commercial business model. |
| Dividend income | Low / none | Joby is not expected to generate income for shareholders in the near term. |
| Execution risk | High | Failure to achieve or maintain FAA certification would severely impact the company's viability. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 87.56% | Avg. Invested days 30 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.28B USD | Price to earnings Ratio - | 1Y Target Price 10.68 |
Price to earnings Ratio - | 1Y Target Price 10.68 | ||
Volume (30-day avg) 24.8M shares | Beta 2.68 | 52 Weeks Range 5.93 - 19.98 | Updated Date 09/25/2026 |
52 Weeks Range 5.93 - 19.98 | Updated Date 09/25/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.99 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Aviation Technology R&D | Development of proprietary battery, motor, and software systems for electric aviation. | Currently, the company spends money to build technology, rather than selling products. |
| Government Contracts | Research and development support from agencies like the Department of Defense. | Government partnerships provide non-dilutive capital to help fund ongoing development. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE - | Enterprise Value 4.71B | Price to Sales(TTM) 53.97 |
Enterprise Value 4.71B | Price to Sales(TTM) 53.97 | ||
Enterprise Value to Revenue 40.51 | Enterprise Value to EBITDA -9.19 | Shares Outstanding 996.29M | Shares Floating 669.66M |
Shares Outstanding 996.29M | Shares Floating 669.66M | ||
Percent Insiders 32.25 | Percent Institutions 45.63 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Joby Aviation
Exchange NYSE | Headquarters Santa Cruz, CA, United States | ||
IPO Launch date 2021-08-11 | Founder, CEO, Chief Architect, President & Director Mr. JoeBen Bevirt | ||
Sector Industrials | Industry Airports & Air Services | Full time employees 2559 | Website https://www.jobyaviation.com |
Full time employees 2559 | Website https://www.jobyaviation.com | ||
Joby Aviation, Inc., an air mobility company, engages in research, develop, test, manufacture, and sale of electric vertical takeoff and landing aircraft in the United States, Japan, Europe, and internationally. The company offers facilitation of passenger transportation via helicopter or fixed wing aircraft. It is also involved in the provision of government flight services, customer demonstration, and engineering services; and exhibition activities. Joby Aviation, Inc. was founded in 2009 and is headquartered in Santa Cruz, California.
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