# Joby Aviation share price today (Joby Aviation, Inc., JOBY)

> Joby Aviation, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. JOBY · Industrials · Airports & Air Services · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/joby

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## Key numbers

- Price: $4.85 (−72.0% in a year)
- Revenue (Jun 2026): $38.6 M
- Profit (Jun 2026), incl. one-off: −$245 M (one-off item, see below)
- Operating margin: −675.2% (+11,18,418.1 points on a year ago)

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Joby Aviation share price today? Joby Aviation, Inc.'s share price was $4.85 at the close on 3 November 2026. It has been falling for 17 weeks. That is 43.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between $5 and $15, and at that close it sat 2% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 23 weeks running. Over the last 6 years the share price moved −55% while the S&P 500 moved +111%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 29 May 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Joby Aviation pay? Joby Aviation, Inc. pays no dividend. In the last 10 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Joby Aviation on? Joby Aviation is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Joby Aviation profitable? Joby Aviation, Inc. posted a net loss of $245 M in the Jun 2026 quarter. That quarter includes a one-off gain bigger than its revenue, so the comparison with last year does not reflect normal business. The full FY25 year was a loss of $930 M. That loss is 635.2% of the quarter's revenue. The same quarter a year earlier lost $325 M. 10 of the last 10 reported quarters were loss-making. Read this profit with care: at −$245 M it is bigger than the quarter's whole revenue of $38.6 M. No business earns more than it takes in from sales, so this is a one-off item (for example a debt settlement, a tax write-back or an asset sale), not money the business earned. The underlying business is running at a −675.2% operating margin. The jump on last year, and any P/E built on this profit, come from the one-off, not from a real turn in earnings. ## How much revenue does Joby Aviation make, and is it growing? Joby Aviation, Inc. reported $38.6 M of revenue in the Jun 2026 quarter. Over 2 years it has grown 619.5% a year on average. The last full year, FY25, came in at $53.4 M. The last four reported quarters add to $116 M. ## How much of every $100 of sales does Joby Aviation keep? Joby Aviation, Inc.'s operating margin was −675.2% in the Jun 2026 quarter, 11,18,418.1 percentage points higher than the same quarter a year ago. Across 3 years it has been between −4,38,789.7% and −1,346.9%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +11,18,418.1 percentage points on the year while gross margin changed −6.5 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Joby Aviation's profit turning into cash? Joby Aviation, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 its operations used $510 M of cash, against −$930 M of profit. After $53.9 M of spending on assets, free cash was −$564 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Joby Aviation's cash go? Joby Aviation, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $125 M on assets over the last 3 years. Averaged over those years that is 78.1% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $125 M over the last 3 years. In short: most of the cash goes on covering the loss, not on new assets; spending on assets is small next to it. ## What is Joby Aviation's P/E ratio, and how does it compare with its own history? Joby Aviation, Inc. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Joby Aviation, Inc. at 89.8× its FY25 revenue of $53.4 M. The P/E comes back here once profit turns positive. ## Is the Joby Aviation business getting better or worse? Joby Aviation, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Joby Aviation earn on its capital? Joby Aviation, Inc. earned a ROE of −66% in FY25. Its return on capital used (ROIC) is left out: on sales this small it reads −4,250%, a number that says nothing useful about the business. It comes from a −1,740.5% net margin and 0.03× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −1,740.5% net margin × 0.03× asset turnover × 1.27× leverage (assets divided by equity) ≈ −66.3% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. ## Does Joby Aviation have too much debt? Joby Aviation, Inc. has total debt of $748 M against shareholder equity of $1.8 B as of Jun 2026, so its debt is 0.42× its equity. Year by year, that ratio went from 0.02 in FY22 to 0.03 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Joby Aviation shareholding pattern? 21.4% of Joby Aviation, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 6.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Joby Aviation from balance-sheet trouble? For Joby Aviation, Inc., the Z-score is 5.50. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 5.50 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Joby Aviation rank in its industry? 35.1 out of 100, rank 2 of 4 in Airports & Air Services, with 53% of the evidence available. Joby Aviation, Inc. scores 35.1 out of 100 against the 4 companies it is compared with in Airports & Air Services, ranking 2. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 22.1 + 3 + 10 + 0 = 35.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Joby Aviation compared with? Joby Aviation ranks 2 of 4 Airports & Air Services companies on the 4-Factor Sector Score, with 35.1 out of 100. 1. [Corporación América Airports S.A.](https://www.sectoralpha.in/us/stocks/caap) CAAP · quiet · Evidence leans up · 78% evidence 62.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.6/35 · Revenue 17.1% · Profit 100% · Operating margin change -4.8 points · 83% evidence Capital efficiency 13.9/25 · ROCE 12.7% · Operating margin 19.8% · 76% evidence Valuation 15.0/20 · P/E 14.1× · PEG 0.66 · 50% evidence Relative strength 11.2/20 · Lead over its industry 17.8% · Lead over S&P 500 -11.4% · 1 year 8.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.6 + 13.9 + 15 + 11.2 = 62.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. Joby Aviation, Inc. this page JOBY · quiet · Too little evidence to rank firmly · 53% evidence 35.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Revenue n/a · Profit n/a · Operating margin change 1118418.1 points · 39% evidence Capital efficiency 3.0/25 · ROCE -33.7% · Operating margin -675.2% · 76% evidence Valuation 10.0/20 · P/E -9.6× · PEG n/a · 0% evidence Relative strength 0.0/20 · Lead over its industry -33.6% · Lead over S&P 500 -52.2% · 1 year -67.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.1 + 3 + 10 + 0 = 35.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 3. Wheels Up Experience Inc. UP · basing · Most evidence points down · 61% evidence 33.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.2/35 · Revenue -6.1% · Profit n/a · Operating margin change -5.6 points · 62% evidence Capital efficiency 3.0/25 · ROCE -155% · Operating margin -31.3% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 6.0/20 · Lead over its industry -52.2% · Lead over S&P 500 -66.8% · 1 year -88.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 14.2 + 3 + 10 + 6 = 33.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [AerSale Corporation](https://www.sectoralpha.in/us/stocks/asle) ASLE · basing · Most evidence points down · 68% evidence 24.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 4.0/35 · Revenue -13.4% · Profit -150% · Operating margin change -18.4 points · 83% evidence Capital efficiency 3.0/25 · ROCE 0.3% · Operating margin -6.7% · 76% evidence Valuation 10.0/20 · P/E 39.1× · PEG n/a · 0% evidence Relative strength 7.2/20 · Lead over its industry -0.6% · Lead over S&P 500 -26.3% · 1 year -19.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 4 + 3 + 10 + 7.2 = 24.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Airports & Air Services](https://www.sectoralpha.in/us/sectors/airports-air-services), all 4 compared on one page. ## Which companies are close to Joby Aviation in size? Joby Aviation is the 4th largest of 6 Airports & Air Services companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Grupo Aeroportuario del Pacífico, S.A.B. de C.V., Grupo Aeroportuario del Sureste, S. A. B. de C. V. and Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. Just below it: Corporación América Airports S.A. and AerSale Corporation. ### Airports & Air Services companies close in size

1. [Grupo Aeroportuario del Pacífico, S.A.B. de C.V.](https://www.sectoralpha.in/us/stocks/pac) $14.2 billion
2. [Grupo Aeroportuario del Sureste, S. A. B. de C. V.](https://www.sectoralpha.in/us/stocks/asr) $7.8 billion
3. [Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.](https://www.sectoralpha.in/us/stocks/omab) $5.1 billion
4. Joby Aviation, Inc. $4.8 billion
5. [Corporación América Airports S.A.](https://www.sectoralpha.in/us/stocks/caap) $3.9 billion
6. [AerSale Corporation](https://www.sectoralpha.in/us/stocks/asle) $235 million

[All 6 Airports & Air Services companies, largest first](https://www.sectoralpha.in/us/sectors/airports-air-services#all-companies)

### Companies close in size in other industries

1. [Radian Group Inc.](https://www.sectoralpha.in/us/stocks/rdn) $4.8 billion · Insurance - Specialty
2. [BETA Technologies, Inc.](https://www.sectoralpha.in/us/stocks/beta) $4.8 billion · Aerospace & Defense
3. Joby Aviation, Inc. $4.8 billion
4. [Option Care Health, Inc.](https://www.sectoralpha.in/us/stocks/opch) $4.7 billion · Medical Care Facilities
5. [ESAB Corporation](https://www.sectoralpha.in/us/stocks/esab) $4.7 billion · Metal Fabrication

## What else do people ask about Joby Aviation? ### What were Joby Aviation's latest quarterly results? Joby Aviation, Inc. reported revenue of $38.6 M and a net loss of $245 M for the Jun 2026 quarter. Earnings per share were −$0.25. The operating margin was −675.2%, 11,18,418.1 percentage points higher than a year earlier (as of 3 November 2026). ### What is Joby Aviation's market cap? Joby Aviation, Inc.'s market capitalisation is $4.8 B at a stock price of $4.85. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Joby Aviation performing? Joby Aviation, Inc.'s share price has been falling for 17 weeks. Over the past 13 weeks it has done worse than the S&P 500, for 23 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Joby Aviation's stock price go up? This page does not forecast Joby Aviation, Inc.'s stock price. What it shows instead: the stock price is $4.85, and it has been falling for 17 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Joby Aviation in its business cycle? Joby Aviation, Inc.'s FY25 operating margin was −1,346.9%, against a 3-year range of −4,38,789.7% to −1,346.9%: the middle of its own range, neither a peak nor a low. The latest quarter was −675.2%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Joby Aviation story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Joby Aviation a stock worth studying right now? What the numbers show: Joby Aviation, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.