Joby Aviation, Inc. WT (JOBY) Stock Forecast, Price Target & Predictions


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JOBY Stock Forecast


Joby Aviation, Inc. WT stock forecast is as follows: an average price target of $9.88 (represents a 19.61% upside from JOBY’s last price of $8.26) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.

JOBY Price Target


The average price target for Joby Aviation, Inc. WT (JOBY) is $9.88 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $9.75. This represents a potential 19.61% upside from JOBY's last price of $8.26.

JOBY Analyst Ratings


Buy

According to 5 Wall Street analysts, Joby Aviation, Inc. WT's rating consensus is 'Buy'. The analyst rating breakdown for JOBY stock is 0 'Strong Buy' (0.00%), 3 'Buy' (60.00%), 1 'Hold' (20.00%), 1 'Sell' (20.00%), and 0 'Strong Sell' (0.00%).

Joby Aviation, Inc. WT Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 28, 2024Austin MoellerCanaccord Genuity$9.75$5.2785.01%18.04%
Oct 02, 2024Andres SheppardCantor Fitzgerald$10.00$5.7873.15%21.07%
May 22, 2024Austin MoellerCanaccord Genuity$11.00$4.82128.45%33.17%
Nov 16, 2022Deutsche Bank$6.00$4.3039.37%-27.36%
Jan 18, 2022David ZazulaBarclays$6.00$5.1217.19%-27.36%

The latest Joby Aviation, Inc. WT stock forecast, released on Oct 28, 2024 by Austin Moeller from Canaccord Genuity, set a price target of $9.75, which represents a 85.01% increase from the stock price at the time of the forecast ($5.27), and a 18.04% increase from JOBY last price ($8.26).

Joby Aviation, Inc. WT Price Target by Period


1M3M12M
# Anlaysts-23
Avg Price Target-$9.88$10.25
Last Closing Price$8.26$8.26$8.26
Upside/Downside-100.00%19.61%24.09%

In the current month, the average price target of Joby Aviation, Inc. WT stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Joby Aviation, Inc. WT's last price of $8.26. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 28, 2024Canaccord GenuityBuyBuyHold
Oct 02, 2024H.C. WainwrightBuyBuyHold
Sep 03, 2024H.C. WainwrightBuyInitialise
Jul 23, 2024Deutsche BankSellSellHold
May 22, 2024Canaccord GenuityBuyBuyHold
Mar 07, 2023Deutsche BankHoldReduceDowngrade
Nov 16, 2022Deutsche BankHoldHoldHold
Jan 18, 2022BarclaysEqual-WeightInitialise
Sep 23, 2021Morgan StanleyOverweightInitialise

Joby Aviation, Inc. WT's last stock rating was published by Canaccord Genuity on Oct 28, 2024. The company gave JOBY a "Buy" rating, the same as its previous rate.

Joby Aviation, Inc. WT Financial Forecast


Joby Aviation, Inc. WT Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23
Revenue--------$44.70M
Avg Forecast$4.60M$4.10M$1.80M$1.50M$36.20K$52.33K$275.00K$51.60K$566.67K
High Forecast$4.60M$4.10M$1.80M$1.50M$66.37K$53.50K$275.00K$51.60K$755.56K
Low Forecast$4.60M$4.10M$1.80M$1.50M$18.10K$51.17K$275.00K$51.60K$377.78K
# Analysts111142113
Surprise %--------78.89%

Joby Aviation, Inc. WT's average Quarter revenue forecast for Mar 24 based on 1 analysts is $51.60K, with a low forecast of $51.60K, and a high forecast of $51.60K. JOBY's average Quarter revenue forecast represents a -99.88% decrease compared to the company's last Quarter revenue of $44.70M (Dec 23).

Joby Aviation, Inc. WT EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23
# Analysts111142113
EBITDA--------$-173.12M
Avg Forecast$2.30M$2.05M$900.00K$750.00K$18.10K$26.17K$137.50K$25.80K$283.33K
High Forecast$2.30M$2.05M$900.00K$750.00K$33.18K$26.75K$137.50K$25.80K$377.78K
Low Forecast$2.30M$2.05M$900.00K$750.00K$9.05K$25.58K$137.50K$25.80K$188.89K
Surprise %---------611.01%

undefined analysts predict JOBY's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Joby Aviation, Inc. WT's previous annual EBITDA (undefined) of $NaN.

Joby Aviation, Inc. WT Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23
# Analysts111142113
Net Income--------$-115.10M
Avg Forecast$-132.05M$-132.05M$-128.58M$-132.05M$-133.74M$-136.74M$-125.02M$-115.30M$-126.19M
High Forecast$-132.05M$-132.05M$-128.58M$-132.05M$-126.31M$-136.74M$-125.02M$-115.30M$-103.92M
Low Forecast$-132.05M$-132.05M$-128.58M$-132.05M$-141.17M$-136.74M$-125.02M$-115.30M$-148.45M
Surprise %--------0.91%

Joby Aviation, Inc. WT's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. JOBY's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Joby Aviation, Inc. WT SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23
# Analysts111142113
SG&A--------$26.95M
Avg Forecast$121.43M$108.23M$47.52M$39.60M$955.63K$1.38M$7.26M$1.36M$14.96M
High Forecast$121.43M$108.23M$47.52M$39.60M$1.75M$1.41M$7.26M$1.36M$19.95M
Low Forecast$121.43M$108.23M$47.52M$39.60M$477.81K$1.35M$7.26M$1.36M$9.97M
Surprise %--------1.80%

Joby Aviation, Inc. WT's average Quarter SG&A projection for Mar 24 is $1.36M, based on 1 Wall Street analysts, with a range of $1.36M to $1.36M. The forecast indicates a -94.95% fall compared to JOBY last annual SG&A of $26.95M (Dec 23).

Joby Aviation, Inc. WT EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23
# Analysts111142113
EPS--------$-0.18
Avg Forecast$-0.19$-0.19$-0.18$-0.19$-0.19$-0.20$-0.18$-0.17$-0.18
High Forecast$-0.19$-0.19$-0.18$-0.19$-0.18$-0.20$-0.18$-0.17$-0.15
Low Forecast$-0.19$-0.19$-0.18$-0.19$-0.20$-0.20$-0.18$-0.17$-0.21
Surprise %--------0.99%

According to undefined Wall Street analysts, Joby Aviation, Inc. WT's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to JOBY previous annual EPS of $NaN (undefined).

Joby Aviation, Inc. WT Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
JOBYJoby Aviation, Inc. WT$8.26$9.8819.61%Buy
ACHRArcher Aviation$10.80$7.50-30.56%Buy
EVTLVertical Aerospace$8.96$6.00-33.04%Buy
RKLBRocket Lab USA$26.60$9.00-66.17%Buy

JOBY Forecast FAQ


Is Joby Aviation, Inc. WT a good buy?

Yes, according to 5 Wall Street analysts, Joby Aviation, Inc. WT (JOBY) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 60.00% of JOBY's total ratings.

What is JOBY's price target?

Joby Aviation, Inc. WT (JOBY) average price target is $9.88 with a range of $9.75 to $10, implying a 19.61% from its last price of $8.26. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Joby Aviation, Inc. WT stock go up soon?

According to Wall Street analysts' prediction for JOBY stock, the company can go up by 19.61% (from the last price of $8.26 to the average price target of $9.88), up by 21.07% based on the highest stock price target, and up by 18.04% based on the lowest stock price target.

Can Joby Aviation, Inc. WT stock reach $12?

JOBY's average twelve months analyst stock price target of $9.88 does not support the claim that Joby Aviation, Inc. WT can reach $12 in the near future.

What are Joby Aviation, Inc. WT's analysts' financial forecasts?

Joby Aviation, Inc. WT's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $415.13K (high $446.46K, low $395.87K), average EBITDA is $207.57K (high $223.23K, low $197.93K), average net income is $-511M (high $-503M, low $-518M), average SG&A $10.96M (high $11.79M, low $10.45M), and average EPS is $-0.735 (high $-0.724, low $-0.746). JOBY's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $12M (high $12M, low $12M), average EBITDA is $6M (high $6M, low $6M), average net income is $-525M (high $-525M, low $-525M), average SG&A $316.78M (high $316.78M, low $316.78M), and average EPS is $-0.755 (high $-0.755, low $-0.755).

Did the JOBY's actual financial results beat the analysts' financial forecasts?

In terms of the last quarterly report (Dec 2023), Joby Aviation, Inc. WT's revenue was $44.7M, beating the average analysts' forecast of $566.67K by 7788.94%. The company's EBITDA was $-173M, missing the average prediction of $283.33K by -61201.25%. Joby Aviation, Inc. WT's net income was $-115M, missing the average estimation of $-126M by -8.78%. The company's SG&A was $26.95M, beating the average forecast of $14.96M by 80.16%. Lastly, the company's EPS was $-0.18, missing the average prediction of $-0.182 by -0.86%