JOBY Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $5.04
Market Cap (MRQ) $4.97B
P/E (TTM) -5.1
EPS (TTM) $-0.98
Revenue (TTM) $116M
ROE (TTM) -65.9%
Debt/Equity (MRQ) 0.4
52W Range $4–$18

JOBY Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$53M
2021-12-31 → 2025-12-31
EPS$-1.13
2020-12-31 → 2025-12-31
Free Cash Flow$-564M
2021-12-31 → 2025-12-31
Net margin-755.1%
2023-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend JOBY 5Y avg Peer Median Verdict
P/E (TTM) -5.15Y avg ≈-9.8 ≈-9.8 · ·
P/S (TTM) 42.75Y avg ≈17201.1 ≈17201.1 0.5 Overvalued
P/B (MRQ) 2.85Y avg ≈5.0 ≈5.0 2.3 Overvalued
EV / EBITDA (TTM) -4.1 · · ·
Price / FCF (TTM) -6.75Y avg ≈-15.0 ≈-15.0 · ·
Price / Cash Flow (TTM) -8.15Y avg ≈-16.9 ≈-16.9 · ·
EV / Revenue (TTM) 29.3 · · ·
EV / FCF (TTM) -4.6 · · ·
Price / Tangible Book (MRQ) 2.85Y avg ≈5.3 ≈5.3 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise -20.0%
Next Report Nov 11, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 12, 2026 $-0.25 $-0.24 -4.9%
March 31, 2026 May 13, 2026 $-0.12 $-0.20 39.3%
Dec. 31, 2025 $-0.14 $-0.22 36.4%
Sept. 30, 2025 $-0.48 $-0.20 -145.5%
June 30, 2025 $-0.35 $-0.19 -85.5%
March 31, 2025 $-0.11 $-0.18 40.1%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 16
Metric Trend 20252024202320222021
Revenue $53M$136.0K$1M$0$0
R&D Expense $581M$477M$367M$296M$198M
SG&A Expense $163M$120M$106M$96M$62M
Operating Expenses $773M$597M$473M$392M$259M
Operating Income $-720M$-597M$-472M$-392M$-259M
Interest Expense ···$118.0K$2M
Interest Income $43M$43M$46M$17M$1M
Other Non-op $-209M$-11M$-41M$134M$68M
Pretax Income $-929M$-608M$-513M$-258M$-191M
Income Tax $1M$129.0K$139.0K$92.0K$-11M
Net Income $-930M$-608M$-513M$-258M$-180M
EPS (Basic) $-1.13$-0.87$-0.79$-0.44$-0.61
EPS (Diluted) $-1.13$-0.87$-0.79$-0.44$-0.61
Shares (Basic) 826,240,955699,794,747647,907,598585,544,043294,851,732
Shares (Diluted) 826,240,955699,794,747647,907,598585,544,043294,851,732
EBITDA $-679M$-561M$-442M$-368M$-243M
Balance Sheet 24
Metric Trend 20252024202320222021
Cash & Equivalents $241M$200M$204M$146M$956M
Short-term Investments $1.17B$733M$828M$911M$343M
Prepaid Expense $30M$21M$19M$20M$17M
Current Assets $1.45B$970M$1.06B$1.08B$1.32B
PP&E (Net) ·$121M$103M$92M$53M
PP&E (Gross) ·$216M$171M$135M$79M
Accum. Depreciation ·$95M$67M$43M$26M
Goodwill $89M$14M$14M$14M$11M
Intangibles $19M$8M$7M$13M$15M
Other Non-current Assets $62M$61M$61M$64M$70M
Total Assets $1.80B$1.20B$1.27B$1.29B$1.49B
Accounts Payable $4M$4M$3M$8M$4M
Current Liabilities $60M$48M$45M$30M$14M
Capital Leases $26M$26M$26M$24M$672.0K
Other Non-current Liabilities $38M$4M$5M$2M$2M
Total Liabilities $385M$291M$235M$128M$172M
Long-term Debt $0····
Common Stock $91.0K$78.0K$70.0K$61.0K$60.0K
Paid-in Capital $4.19B$2.77B$2.28B$1.91B$1.79B
Retained Earnings $-2.79B$-1.86B$-1.25B$-735M$-477M
AOCI $2M$-583.0K$-480.0K$-9M$-122.0K
Stockholders' Equity $1.41B$912M$1.03B$1.16B$1.32B
Liabilities + Equity $1.80B$1.20B$1.27B$1.29B$1.49B
Shares Outstanding 915,076,698784,176,364698,262,025622,602,815604,174,329
Cash Flow 14
Metric Trend 20252024202320222021
D&A $40M$36M$30M$24M$16M
Stock-based Comp $128M$104M$94M$69M$27M
Deferred Tax $0$0$0$0$-11M
Amort. of Intangibles $7M$6M$6M$6M$4M
Other Non-cash $252M$32M$75M$-71M$-48M
Operating Cash Flow $-510M$-436M$-314M$-236M$-196M
CapEx $54M$41M$31M$55M$32M
Investing Cash Flow $-475M$71M$80M$-631M$-19M
Stock Issued ··$7M$0$0
Net Stock Activity ··$7M··
Financing Cash Flow $1.03B$361M$288M$60M$1.09B
Net Change in Cash $41M$-4M$55M$-806M$878M
Free Cash Flow $-564M$-477M$-344M$-291M$-228M
Levered FCF ···$-291M$-230M
Profitability 7
Metric Trend 20252024202320222021
Operating Margin -1346.9%-438789.7%-45745.5%··
Net Margin -1740.5%-447083.8%-49714.2%··
Pretax Margin -1738.0%-446989.0%-49700.7%··
EBITDA Margin -1271.8%-412633.8%-42790.8%··
ROA -62.0%-49.2%-40.0%-18.6%-18.2%
ROE -80.6%-71.8%-47.9%-22.2%-13.8%
ROIC -51.1%-65.4%-45.6%-33.7%-18.6%
Liquidity & Solvency 3
Metric Trend 20252024202320222021
Current Ratio 24.120.123.435.995.2
Quick Ratio 23.519.422.935.093.8
Interest Coverage ···-3323.8-106.8
Efficiency 1
Metric Trend 20252024202320222021
Asset Turnover 0.00.00.0··
Per Share 6
Metric Trend 20252024202320222021
Book Value / Share $1.54$1.16$1.48$1.87$2.18
Revenue / Share $0.06$0.00$0.00··
Cash Flow / Share $-0.62$-0.62$-0.48$-0.40·
Cash / Share $0.26$0.25$0.29$0.23$1.58
Dividend / Share $0.00$0.00$0.00$0.00$0.00
EPS (TTM) $-1.13$-0.87$-0.79$-0.44$-0.61
Growth Rates 1
Metric Trend 20252024202320222021
Revenue YoY 39183.1%-86.8%···
Valuation (TTM) 10
Metric Trend 20252024202320222021
Revenue TTM $53M$136.0K$1M$0$0
Net Income TTM $-930M$-608M$-513M$-258M$-180M
Market Cap $12.08B$6.38B$4.64B$2.09B$4.41B
P/E -11.7-9.3-8.4-7.6-12.0
P/S 226.146877.64499.5··
P/B 8.67.04.51.83.3
P / Tangible Book 9.37.24.61.83.4
P / Cash Flow -23.7-14.6-14.8-8.8-22.5
P / FCF -21.4-13.4-13.5-7.2-19.3
Earnings Yield -8.6%-10.7%-11.9%-13.1%-8.4%

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $53M $136.0K $1M $0 $0
Operating Margin % -1346.9% -438789.7% -45745.5% · ·
Net Income $-930M $-608M $-513M $-258M $-180M
Diluted EPS $-1.13 $-0.87 $-0.79 $-0.44 $-0.61

Institutional owners (13F) 597 filers · $6.1B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 597
Value held $6.1B
New positions 96
Exited positions 76
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
96 (-20 vs prior Q) 76 (+7 vs prior Q) 231 (+8 vs prior Q) 114 (+9 vs prior Q) +55.2M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
TOYOTA MOTOR CORP/ $1,145,813,257 128,454,401 18.67% Shares
VANGUARD GROUP INC $692,850,933 52,488,707 11.29% Shares
BAILLIE GIFFORD & CO $545,360,308 61,139,048 8.89% Shares
BlackRock, Inc. $477,280,131 53,506,741 7.78% Shares
Capricorn Investment Group LLC $253,958,171 28,470,647 4.14% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $246,006,589 27,579,214 4.01% Shares
VANGUARD CAPITAL MANAGEMENT LLC $237,773,527 26,656,225 3.88% Shares
MORGAN STANLEY $174,205,132 19,529,722 2.84% Shares
GEODE CAPITAL MANAGEMENT, LLC $142,190,332 15,937,137 2.32% Shares
STATE STREET CORP $140,460,680 15,746,713 2.29% Shares
Intel Corp $136,621,529 15,316,315 2.23% Shares
DELTA AIR LINES, INC. $130,149,160 14,590,713 2.12% Shares
UBS Group AG $97,144,991 10,890,694 1.58% Shares
BANK OF AMERICA CORP /DE/ $96,227,078 10,787,789 1.57% Shares
MARSHALL WACE, LLP $71,537,686 8,019,920 1.17% Shares
Uber Technologies, Inc $63,681,735 7,139,208 1.04% Shares
CITIGROUP INC $63,210,099 7,086,334 1.03% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $61,304,484 6,872,700 1.00% Call option
ARK Investment Management LLC $59,713,254 6,694,311 0.97% Shares
NORTHERN TRUST CORP $51,556,226 5,779,846 0.84% Shares
JPMORGAN CHASE & CO $47,014,229 5,418,511 0.77% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $46,975,467 5,266,308 0.77% Shares
Clear Street Group Inc. $46,369,559 5,198,381 0.76% Shares
8VC GP I, LLC $42,801,139 4,798,334 0.70% Shares
VOYA INVESTMENT MANAGEMENT LLC $41,589,028 4,662,447 0.68% Shares
VANGUARD FIDUCIARY TRUST CO $39,924,528 4,475,844 0.65% Shares
IEQ CAPITAL, LLC $35,901,528 4,024,835 0.59% Shares
Daiwa Securities Group Inc. $35,432,247 3,972,225 0.58% Shares
GOLDMAN SACHS GROUP INC $33,675,470 3,775,277 0.55% Shares
Squarepoint Ops LLC $30,916,479 3,465,973 0.50% Shares
NORGES BANK $28,967,450 3,247,472 0.47% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $27,902,786 3,128,115 0.45% Shares
EXCHANGE TRADED CONCEPTS, LLC $25,264,419 2,832,334 0.41% Shares
Sumitomo Mitsui Trust Group, Inc. $25,116,508 2,815,752 0.41% Shares
Amova Asset Management Americas, Inc. $25,051,115 2,814,732 0.41% Shares
Legal & General Group Plc $24,179,712 2,710,730 0.39% Shares
JANE STREET GROUP, LLC $23,442,652 2,628,100 0.38% Call option
VALUEWORKS LLC $23,189,485 2,599,718 0.38% Shares
Lingotto Investment Management LLP $21,454,857 2,405,253 0.35% Shares
JANE STREET GROUP, LLC $20,768,436 2,328,300 0.34% Put option
SUSQUEHANNA INTERNATIONAL GROUP, LLP $20,058,404 2,248,700 0.33% Put option
CITADEL ADVISORS LLC $19,373,348 2,171,900 0.32% Call option
Bank of New York Mellon Corp $19,059,450 2,136,710 0.31% Shares
Nuveen, LLC $18,695,223 2,095,877 0.30% Shares
CITADEL ADVISORS LLC $17,691,036 1,983,300 0.29% Put option
FMR LLC $16,434,381 1,842,419 0.27% Shares
ALLEN OPERATIONS LLC $13,896,361 1,557,888 0.23% Shares
WELLS FARGO & COMPANY/MN $12,802,188 1,435,223 0.21% Shares
WOLVERINE TRADING, LLC $12,795,200 799,700 0.21% Call option
Cubist Systematic Strategies, LLC $11,803,182 731,300 0.19% Call option

Show all 597 institutional owners →

Activists & 5%+ owners 7 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
TOYOTA MOTOR CORP/ ×2 filings June 30, 2026 13.10% Amendment · SEC
Sciarra Paul Cahill May 18, 2026 5.70% Amendment · SEC
TIF Partners, LLC, Technology Impact Fund, LP, Capricorn-Libra Partners, LLC, Capricorn-Libra Investment Group, LP, TIGF Partners, LLC, Technology Impact Growth Fund, LP, Dipender Saluja, Ion Yadigaroglu Aug. 18, 2025 3.40% Amendment · SEC
Toyota Motor Corporation ×2 filings Oct. 2, 2024 · Initial filing · SEC
JoeBen Bevirt ×2 filings March 11, 2024 · Initial filing · SEC
Paul Sciarra Feb. 22, 2022 · Initial filing M&A / sale SEC
Capricorn-Libra Investment Group, L.P., Capricorn-Libra Partners, LLC, Technology Impact Fund, L.P., TIF Partners, LLC, Technology Impact Growth Fund, LP, TIGF Partners, LLC, Dipender Saluja, Ion Yadigaroglu Dec. 17, 2021 · Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 30 insiders · 11 officers · 12 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Joeben Bevirt CEO and Chief Architect Oct. 1, 2026 M 254,519 0 22 $-33,558,743
Rodrigo Brumana Chief Financial Officer Oct. 1, 2026 M 113,275 0 11 $-2,944,277
Matthew Field Chief Financial Officer and Treasurer Oct. 3, 2024 M 293,143 0 0 $0
Bonny W Simi President of Operations Oct. 1, 2026 M 241,923 0 11 $-1,861,968
Didier Papadopoulos President of Aircraft OEM July 1, 2026 M 160,620 0 22 $-1,032,596
Eric Allison Chief Product Officer Oct. 12, 2026 M 745,120 0 14 $-2,508,262
Kate Dehoff Chief Legal Officer and Corporate Secretary Oct. 12, 2026 M 196,964 0 19 $-1,855,679
Gregory Bowles Chief Policy Officer Oct. 5, 2026 S 193,704 0 23 $-924,698
Sergey Novikov Principal Accounting Officer Oct. 1, 2026 M 48,681 0 1 $-17,642
Nicholas Kalayjian Chief Hardware Officer Feb. 4, 2025 A · 0 0 $0
Justin Lang Head of Partnerships and Corporate Strategy July 21, 2022 S 42,786 0 0 $0
Tetsuo Ogawa Director Oct. 5, 2026 A 89,693 0 0 $0
Dipender Saluja Director Oct. 5, 2026 A 196,433 0 0 $0
Michael N. Thompson Jr. Director Oct. 5, 2026 A 1,580,623 2 0 $14,564
Paul Cahill Sciarra Director Oct. 5, 2026 A 166,744 0 5 $-7,303,958
Aicha Evans Director Sept. 4, 2026 G 24,606 0 0 $0
Prado Halimah Delaine Director June 2, 2026 A 124,074 0 0 $0
HUERTA MICHAEL P Director June 2, 2026 A 79,684 0 0 $0
Laura Wright Director June 2, 2026 A 134,800 0 0 $0
TOYOTA MOTOR CORP/ Director May 22, 2025 P 122,573,621 0 0 $0
Reid Hoffman Director June 14, 2024 M 102,603 0 0 $0
James Kuffner Director June 22, 2023 A 69,945 0 0 $0
Joby Holdings, Inc. 10% owner Oct. 25, 2021 D 0 0 0 $0
David K. Cohen · Aug. 10, 2021 A 20,000 0 0 $0
Sherry Coutu · Aug. 10, 2021 M 30,000 0 0 $0
Charles E. Hudson III · Aug. 10, 2021 M 30,000 0 0 $0
Reinvent Sponsor LLC · Aug. 10, 2021 J 17,130,000 0 0 $0
Fei-Fei Li · Aug. 10, 2021 M 30,000 0 0 $0
Kristina Salen · Aug. 10, 2021 M 30,000 0 0 $0
Mark J Pincus · Aug. 10, 2021 J 17,130,000 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 27 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
PBW · Invesco Exchange-Traded Fund Trust 1.32% 800,182 SH Oct. 23, 2026 Daily
ROBO · EXCHANGE TRADED CONCEPTS TRUST 1.05% 2,929,288 NS July 31, 2026 N-PORT
IYT · iShares Trust 0.52% 1,655,245 SH Sept. 11, 2026 Daily
VTWG · VANGUARD SCOTTSDALE FUNDS 0.36% 725,349 SH Aug. 19, 2026 Daily
IWO · iShares Trust 0.28% 6,377,372 SH Sept. 11, 2026 Daily
TPOR · Direxion Shares ETF Trust 0.25% 6,151 NS July 31, 2026 N-PORT
VTWO · VANGUARD SCOTTSDALE FUNDS 0.18% 3,900,638 SH Aug. 19, 2026 Daily
RSSL · Global X Funds 0.16% 324,568 NS July 31, 2026 N-PORT
IWM · iShares Trust 0.14% 17,274,535 SH Sept. 11, 2026 Daily
VBR · VANGUARD INDEX FUNDS 0.11% 8,592,744 SH Aug. 19, 2026 Daily
ISCG · iShares Trust 0.08% 122,573 SH Sept. 11, 2026 Daily
VIS · VANGUARD WORLD FUND 0.07% 712,239 SH Aug. 19, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.06% 7,108,404 SH Aug. 19, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.06% 13,536,505 SH Aug. 19, 2026 Daily
ESML · iShares Trust 0.04% 189,625 SH Sept. 11, 2026 Daily
PRFZ · Invesco Exchange-Traded Fund Trust 0.04% 202,666 SH Oct. 23, 2026 Daily
WSML · iShares Trust 0.01% 15,482 SH Sept. 11, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.01% 18,754,457 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.01% 55,791 SH Aug. 19, 2026 Daily
IWV · iShares Trust 0.01% 185,781 SH Sept. 11, 2026 Daily
ITOT · iShares Trust 0.01% 802,976 SH Sept. 11, 2026 Daily
IYY · iShares Trust 0.00% 9,134 SH Sept. 10, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.00% 194,306 SH Aug. 19, 2026 Daily
ESGV · VANGUARD WORLD FUND 0.00% 55,948 SH Aug. 19, 2026 Daily
ISCB · iShares Trust · 28,234 SH Sept. 11, 2026 Daily
ISCV · iShares Trust · 54,253 SH Sept. 11, 2026 Daily
SMLF · iShares Trust · 243,035 SH Sept. 11, 2026 Daily

JOBY Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 16 analysts HOLD
Median target $10.00 +98.6%
0 0.0% Strong Buy
3 18.8% Buy
7 43.8% Hold
4 25.0% Sell
2 12.5% Strong Sell

12-Month Price Target

9 analysts · 2026-10-27

Mean target $10.01 +98.8%

Now Current price $5.04
Low$4.00 Mean$10.01 High$18.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
JOBY $12.08B -11.7 39183.1% -1740.5% -80.6% ·
DAL $45.80B 9.1 2.8% 7.9% 26.1% ·
UAL $36.17B 11.0 3.5% 5.7% 23.4% ·
LUV · 52.3 2.1% · · ·
AAL $10.12B 90.2 0.78% 0.20% -2.9% ·
ALK $5.81B 60.6 21.3% 0.70% 2.5% ·
SKYW $8.46B 9.7 15.0% 10.5% 16.1% ·
ALGT · -34.4 3.7% · · ·
ULCC $1.08B -7.8 -1.4% -3.7% -27.5% ·
JBLU $1.68B -2.7 -2.3% -6.6% -26.6% ·

Latest News Recent headlines mentioning this company

23

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Aug 6, 2026