Joby Aviation (JOBY)
Market Price (1/30/2026): $11.29 | Market Cap: $9.5 BilSector: Industrials | Industry: Airport Services
Joby Aviation (JOBY)
Market Price (1/30/2026): $11.29Market Cap: $9.5 BilSector: IndustrialsIndustry: Airport Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 1935% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -663 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2927% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -100% | Expensive valuation multiplesP/SPrice/Sales ratio is 415x |
| Megatrend and thematic driversMegatrends include Advanced Aviation & Space. Themes include Advanced Air Mobility. | Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 655% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -2108%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2353% | |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -15% | |
| Key risksJOBY key risks include [1] delays in its unprecedented FAA aircraft certification process and [2] a substantial annual cash burn of approximately $500 million. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 1935% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -100% |
| Megatrend and thematic driversMegatrends include Advanced Aviation & Space. Themes include Advanced Air Mobility. |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -663 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2927% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 415x |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 655% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -2108%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2353% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -15% |
| Key risksJOBY key risks include [1] delays in its unprecedented FAA aircraft certification process and [2] a substantial annual cash burn of approximately $500 million. |
Qualitative Assessment
AI Analysis | Feedback
1. Wider-than-Expected Q3 2025 Loss Per Share. Joby Aviation reported a Q3 2025 earnings per share (EPS) of -$0.48 on November 5, 2025, significantly missing analysts' consensus estimates of -$0.19 by $0.29. This wider loss, despite a substantial revenue beat, likely contributed to negative investor sentiment.
2. Dilutive Capital Raise Through Stock and Convertible Note Offerings. On January 29, 2026, Joby Aviation announced the pricing of upsized offerings totaling approximately $1.2 billion, consisting of $600 million in convertible senior notes and the sale of around 52.9 million shares of common stock at $11.35 per share. This significant capital raise, while intended to fund certification and manufacturing, can lead to stock dilution, causing the stock to drop. The stock fell 15.1% in premarket trading following this announcement.
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Stock Movement Drivers
Fundamental Drivers
The -31.0% change in JOBY stock from 9/30/2025 to 1/29/2026 was primarily driven by a -99.7% change in the company's P/S Multiple.| (LTM values as of) | 9302025 | 1292026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.14 | 11.14 | -31.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 23 | 23006.1% |
| P/S Multiple | 131,227.8 | 415.5 | -99.7% |
| Shares Outstanding (Mil) | 797 | 845 | -5.7% |
| Cumulative Contribution | -31.0% |
Market Drivers
9/30/2025 to 1/29/2026| Return | Correlation | |
|---|---|---|
| JOBY | -31.0% | |
| Market (SPY) | 4.2% | 48.5% |
| Sector (XLI) | 7.5% | 47.9% |
Fundamental Drivers
The 5.6% change in JOBY stock from 6/30/2025 to 1/29/2026 was primarily driven by a 20300.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 6302025 | 1292026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.55 | 11.14 | 5.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 23 | 20300.0% |
| P/S Multiple | 72,890.9 | 415.5 | -99.4% |
| Shares Outstanding (Mil) | 767 | 845 | -9.2% |
| Cumulative Contribution | 5.6% |
Market Drivers
6/30/2025 to 1/29/2026| Return | Correlation | |
|---|---|---|
| JOBY | 5.6% | |
| Market (SPY) | 12.6% | 42.7% |
| Sector (XLI) | 12.9% | 42.0% |
Fundamental Drivers
The 37.0% change in JOBY stock from 12/31/2024 to 1/29/2026 was primarily driven by a 1934.5% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 12312024 | 1292026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.13 | 11.14 | 37.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1 | 23 | 1934.5% |
| P/S Multiple | 5,076.8 | 415.5 | -91.8% |
| Shares Outstanding (Mil) | 695 | 845 | -17.7% |
| Cumulative Contribution | 37.0% |
Market Drivers
12/31/2024 to 1/29/2026| Return | Correlation | |
|---|---|---|
| JOBY | 37.0% | |
| Market (SPY) | 19.5% | 43.4% |
| Sector (XLI) | 27.2% | 43.3% |
Fundamental Drivers
The 232.5% change in JOBY stock from 12/31/2022 to 1/29/2026 was primarily driven by a 9.2233720368547763E17% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 12312022 | 1292026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.35 | 11.14 | 232.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 0 | 23 | 9.2233720368547763E17% |
| P/S Multiple | ∞ | 415.5 | |
| Shares Outstanding (Mil) | 584 | 845 | -30.9% |
| Cumulative Contribution | 0.0% |
Market Drivers
12/31/2022 to 1/29/2026| Return | Correlation | |
|---|---|---|
| JOBY | 232.5% | |
| Market (SPY) | 88.2% | 38.6% |
| Sector (XLI) | 76.2% | 39.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| JOBY Return | -37% | -54% | 99% | 22% | 62% | 1% | 16% |
| Peers Return | -23% | -30% | 89% | 0% | -9% | 6% | -2% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 2% | 86% |
Monthly Win Rates [3] | |||||||
| JOBY Win Rate | 33% | 42% | 50% | 42% | 58% | 100% | |
| Peers Win Rate | 42% | 44% | 56% | 36% | 44% | 100% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 100% | |
Max Drawdowns [4] | |||||||
| JOBY Max Drawdown | -45% | -56% | -1% | -32% | -34% | 0% | |
| Peers Max Drawdown | -29% | -51% | -11% | -56% | -34% | 0% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ACHR, EVEX, BA.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 1/29/2026 (YTD)
How Low Can It Go
| Event | JOBY | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -79.7% | -25.4% |
| % Gain to Breakeven | 393.7% | 34.1% |
| Time to Breakeven | 932 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -4.1% | -33.9% |
| % Gain to Breakeven | 4.2% | 51.3% |
| Time to Breakeven | 13 days | 148 days |
Compare to ACHR, EVEX, BA
In The Past
Joby Aviation's stock fell -79.7% during the 2022 Inflation Shock from a high on 2/16/2021. A -79.7% loss requires a 393.7% gain to breakeven.
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About Joby Aviation (JOBY)
AI Analysis | Feedback
Here are a few brief analogies for Joby Aviation:
- Joby is like Tesla for air taxis.
- Joby is like Uber of the skies.
AI Analysis | Feedback
- eVTOL Aircraft: Design, development, and manufacturing of an all-electric, five-seat aircraft capable of vertical take-off and landing.
- Air Taxi Service: Planning to operate a commercial passenger transportation service utilizing its proprietary eVTOL aircraft for on-demand aerial ridesharing.
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Joby Aviation (JOBY)
Major Customers
Joby Aviation's primary long-term commercial strategy is to operate its own air taxi service, meaning the company ultimately sells its service primarily to individuals. These customers will utilize Joby's electric vertical takeoff and landing (eVTOL) aircraft for convenient and rapid short-haul air travel. The primary categories of individual customers Joby aims to serve include:
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Time-Sensitive Business & Executive Travelers: This category comprises individuals, often high-net-worth professionals, who prioritize time efficiency and convenience. They will use Joby's service for rapid point-to-point transfers to bypass ground traffic congestion for business meetings, corporate campuses, or executive commutes, valuing speed and reliability to maximize productivity.
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Premium Leisure & Experiential Travelers: Affluent individuals and tourists who are seeking unique and elevated travel experiences. This includes those interested in scenic flights, luxurious transfers to resorts or entertainment venues, or special occasion travel, where the journey itself contributes significantly to the overall premium experience.
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Urban/Regional Commuters & Airport Connections: Travelers in dense urban and metropolitan areas who require fast, reliable, and comfortable transportation for routine commutes or critical connections to major transportation hubs, such as airports. This group seeks to avoid the inefficiencies, delays, and stress associated with traditional ground transportation.
AI Analysis | Feedback
Joby Aviation has identified the following major suppliers:
- SK On (a subsidiary of SK Innovation, KRX: 096770)
- Toray Advanced Composites (a subsidiary of Toray Industries, Inc., TSE: 3402)
- Toyota Motor Corporation (NYSE: TM)
AI Analysis | Feedback
JoeBen Bevirt, Founder and Chief Executive Officer
JoeBen Bevirt is the founder and Chief Executive Officer of Joby Aviation, which he established in 2009. He is a serial entrepreneur who co-founded Velocity11 in 1999, a company focused on robotic laboratory systems, which was later acquired by Agilent Technologies in 2007. He also founded Joby Inc. in 2005, known for consumer products like the Gorillapod flexible camera tripod, and started Joby Energy, which focused on airborne wind turbines. During the COVID-19 pandemic, he launched SummerBio, a company providing affordable PCR tests. Joby Aviation went public in 2021 through a SPAC merger with Reinvent Technology Partners, and has raised funds from investors including Toyota, Laurene Powell Jobs' Emerson Collective, and Jeff Skoll's Capricorn Investment Group.
Rodrigo Brumana, Chief Financial Officer
Rodrigo Brumana serves as Joby Aviation's Chief Financial Officer, overseeing the company's accounting, finance, tax, treasury, and investor relations. Prior to joining Joby, his experience included scaling global finance operations at companies such as HP, Amazon, eBay, and Poshmark. He also worked in complex manufacturing at Fairchild Semiconductor and Palm, Inc. He was appointed CFO effective May 29, 2025.
Bonny Simi, President of Operations
Bonny Simi is Joby Aviation's President of Operations. Her background includes several operational and strategic roles at JetBlue, encompassing Flight Operations, System Operations, People, Airports, and Customer Support. Notably, she founded and led JetBlue Technology Ventures. Bonny is also an experienced airline pilot, having commanded Boeing, Airbus, and Embraer aircraft for both United Airlines and JetBlue Airways, and is a 3-time Olympian in the sport of Luge.
Didier Papadopoulos, President of Aircraft OEM
Didier Papadopoulos is Joby Aviation's President of Aircraft OEM. He joined Joby in 2021 from Garmin International, where he held the position of VP of Aviation Systems, Programs, and Business Development. He brings over two decades of aviation experience, having started his career at CAE developing flight simulators for commercial and business aviation.
Eric Allison, Chief Product Officer
Eric Allison serves as Joby Aviation's Chief Product Officer. Before joining Joby, he led the Elevate team at Uber, where he focused on developing software tools for on-demand mobility. He also served as CEO of Zee Aero, where he spearheaded the development of Cora, an autonomous air taxi vehicle. His expertise spans aerospace research, electric propulsion, energy storage, vehicle autonomy, and composite structures.
AI Analysis | Feedback
The key risks to Joby Aviation (JOBY) are predominantly associated with its pioneering position in an emerging industry, facing significant regulatory, financial, and market challenges.
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Regulatory and Certification Delays
The foremost risk for Joby Aviation is the delay in obtaining necessary regulatory approvals and certification for its electric vertical take-off and landing (eVTOL) aircraft and services. The company's commercial operations are entirely contingent on receiving Federal Aviation Administration (FAA) type certification, a process that is unprecedented for eVTOL aircraft. Recent filings have indicated that the FAA has requested additional safety documentation, causing delays in the certification timeline. These regulatory hurdles could postpone Joby's commercial deployment by several quarters, creating significant uncertainty for investors and impacting future revenue.
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Significant Financial Losses and Prolonged Path to Profitability
Joby Aviation is currently a pre-revenue company, or generates very limited revenue, and has incurred substantial losses since its inception, with expectations of continued losses as it moves towards commercial launch. The development, manufacturing, and operational scaling of its air taxi network are capital-intensive endeavors. The company's significant cash burn, approximately $500 million annually, necessitates ongoing funding, which could lead to further equity dilution for existing shareholders. The path to achieving sustainable profitability is long and faces challenges in building manufacturing capacity, establishing operational infrastructure, and convincing customers to adopt the service at economically viable prices.
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Uncertain Market Adoption and Intense Competition
The urban air mobility (UAM) market is still in its nascent stages, leading to uncertainty regarding consumer adoption and their willingness to pay the projected prices for air taxi services. Delays in launching commercial services and developing the necessary ground infrastructure could impact growth. Furthermore, the competitive landscape is intensifying, with several rivals such as Archer Aviation, Vertical Aerospace, and Lilium, as well as established aerospace giants like Boeing and Airbus, all vying for market share. This intense competition could limit Joby's early pricing power and extend the time it takes to reach profitability.
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AI Analysis | Feedback
Joby Aviation (JOBY) is poised for significant revenue growth over the next 2-3 years, driven by its strategic commercialization efforts, international market expansion, and diversification into aircraft sales and defense contracts. Here are the key expected drivers of future revenue growth: * **Launch and Expansion of Commercial Air Taxi Services:** Joby is set to initiate commercial air taxi services, with plans for an exclusive six-year operation in Dubai beginning in late 2025 or early 2026. This will be followed by expansion into high-density urban markets in the United States, including New York and Los Angeles. The company's strategy involves operating these services directly and integrating with partners like Delta Air Lines and Uber for seamless booking. * **International Market Penetration and Partnerships:** Beyond its initial Dubai launch, Joby is actively pursuing opportunities in other international markets. This includes demonstration flights in Japan and planned activities in Korea, alongside a partnership with Jetex for market entry in the Middle East. * **Aircraft Sales and Defense Contracts:** Joby has secured a deal to sell up to $250 million of its electric vertical takeoff and landing (eVTOL) aircraft and associated services in Kazakhstan. Furthermore, its collaboration with L3Harris Technologies on a turbine-electric aircraft for defense applications represents another avenue for revenue generation, with $9 million already reported from defense contract completions and engineering services in Q3 2025. * **Integration of Blade's Passenger Business:** The acquisition of Blade Air Mobility's passenger business is expected to significantly accelerate Joby's market entry and expansion in urban air mobility. This acquisition provides immediate access to established terminals in major urban markets, such as New York and Southern Europe, along with an existing customer base. * **Scaling Manufacturing and Achieving FAA Certification:** While not direct revenue streams, scaling manufacturing capabilities to support up to 500 aircraft annually and achieving FAA type certification are critical enablers for Joby to realize its commercial ambitions and generate substantial revenue from its air taxi services and aircraft sales. The company has made significant progress in producing FAA-conforming parts and initiating propeller blade production, moving closer to full commercial operations.AI Analysis | Feedback
Here is a summary of Joby Aviation's capital allocation decisions over the last 3-5 years:
Share Issuance
- In August 2021, Joby Aviation went public through a SPAC merger with Reinvent Technology Partners, which provided approximately $1.6 billion in gross proceeds to fund the company through initial commercial operations.
- In October 2025, Joby Aviation completed an underwritten public offering of 35,075,000 shares of common stock, including the full exercise of the underwriter's option, raising approximately $591.0 million in gross proceeds. The net proceeds from this offering are intended to fund certification and manufacturing efforts, prepare for commercial operations, and for general working capital.
- In August 2025, Joby Aviation filed prospectus supplements for the resale of 5,325,585 shares related to its acquisition of Strata Critical Medical, Inc., and 49,701,790 shares from a stock purchase agreement with Toyota Motor Corporation.
Inbound Investments
- Toyota Motor Corporation has made significant investments, including an initial backing in Joby's $620 million Series C round in 2020. Toyota announced an additional $500 million investment in October 2024, to be paid in two equal tranches in 2024 and 2025, bringing its total investment in Joby to $894 million. The first $250 million tranche of this investment closed in May 2025.
- Delta Air Lines made an upfront equity investment of $60 million in October 2022, with the opportunity to expand the total investment up to $200 million based on the achievement of milestones.
- SK Telecom, South Korea's leading telecommunications company, made a $100 million equity investment in Joby Aviation in June 2023 as part of an expanded partnership.
Outbound Investments
- In December 2020, Joby Aviation acquired Uber Elevate, Uber's air taxi platform, including key personnel and software tools for multi-modal operations management and demand simulation.
- In August 2025, Joby announced a definitive agreement to acquire the passenger business of Blade Air Mobility for up to $125 million. This acquisition aims to leverage Blade's existing customer base and operational expertise.
- In 2024, Joby acquired Xwing for its autonomous flight technology, which will be incorporated into its aircraft platform.
Capital Expenditures
- Joby Aviation's capital expenditures amounted to -$40.6 million USD for the fiscal year ending December 31, 2024.
- The company forecasts its 2025 outgoings, which include capital expenditures for eVTOL aircraft development, to be as high as $540 million.
- Capital expenditures are primarily focused on developing manufacturing facilities and accelerating aircraft certification and commercial production. This includes an expanded facility in Marina, California, which will more than double its manufacturing footprint, and plans for a larger factory in Ohio.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 9.29 |
| Mkt Cap | 7.2 |
| Rev LTM | 11 |
| Op Inc LTM | -641 |
| FCF LTM | -510 |
| FCF 3Y Avg | -416 |
| CFO LTM | -443 |
| CFO 3Y Avg | -362 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 972.3% |
| Rev Chg 3Y Avg | 10.1% |
| Rev Chg Q | 40,275.9% |
| QoQ Delta Rev Chg LTM | 11,506.7% |
| Op Mgn LTM | -1,468.5% |
| Op Mgn 3Y Avg | -7.2% |
| QoQ Delta Op Mgn LTM | 323,904.1% |
| CFO/Rev LTM | -1,056.1% |
| CFO/Rev 3Y Avg | -1.3% |
| FCF/Rev LTM | -1,180.3% |
| FCF/Rev 3Y Avg | -3.9% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 7.2 |
| P/S | 208.8 |
| P/EBIT | -11.1 |
| P/E | -8.4 |
| P/CFO | -15.9 |
| Total Yield | -12.0% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -7.7% |
| D/E | 0.1 |
| Net D/E | -0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -0.2% |
| 3M Rtn | -19.9% |
| 6M Rtn | -29.5% |
| 12M Rtn | 8.0% |
| 3Y Rtn | 87.8% |
| 1M Excs Rtn | -2.3% |
| 3M Excs Rtn | -19.4% |
| 6M Excs Rtn | -39.8% |
| 12M Excs Rtn | -7.4% |
| 3Y Excs Rtn | 18.2% |
Price Behavior
| Market Price | $11.14 | |
| Market Cap ($ Bil) | 9.4 | |
| First Trading Date | 11/09/2020 | |
| Distance from 52W High | -45.4% | |
| 50 Days | 200 Days | |
| DMA Price | $14.35 | $13.12 |
| DMA Trend | up | down |
| Distance from DMA | -22.4% | -15.1% |
| 3M | 1YR | |
| Volatility | 75.2% | 82.5% |
| Downside Capture | 618.40 | 280.61 |
| Upside Capture | 327.93 | 270.11 |
| Correlation (SPY) | 58.6% | 44.4% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 4.15 | 3.84 | 3.33 | 3.30 | 1.91 | 1.99 |
| Up Beta | -2.45 | 2.17 | 1.14 | 3.13 | 1.84 | 1.40 |
| Down Beta | 2.77 | 3.45 | 2.62 | 2.21 | 1.25 | 1.58 |
| Up Capture | 512% | 362% | 441% | 656% | 654% | 7776% |
| Bmk +ve Days | 11 | 23 | 37 | 72 | 143 | 431 |
| Stock +ve Days | 9 | 19 | 31 | 60 | 116 | 362 |
| Down Capture | 565% | 424% | 360% | 274% | 152% | 112% |
| Bmk -ve Days | 11 | 18 | 27 | 55 | 108 | 320 |
| Stock -ve Days | 13 | 22 | 33 | 66 | 134 | 380 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with JOBY | |
|---|---|---|---|---|
| JOBY | 27.0% | 82.4% | 0.64 | - |
| Sector ETF (XLI) | 21.3% | 19.0% | 0.88 | 44.0% |
| Equity (SPY) | 15.9% | 19.2% | 0.64 | 44.1% |
| Gold (GLD) | 96.0% | 20.8% | 3.15 | 2.7% |
| Commodities (DBC) | 15.3% | 15.5% | 0.72 | 9.3% |
| Real Estate (VNQ) | 3.8% | 16.5% | 0.05 | 23.6% |
| Bitcoin (BTCUSD) | -12.7% | 39.6% | -0.25 | 35.9% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with JOBY | |
|---|---|---|---|---|
| JOBY | -5.3% | 78.8% | 0.27 | - |
| Sector ETF (XLI) | 15.1% | 17.2% | 0.70 | 38.0% |
| Equity (SPY) | 14.1% | 17.1% | 0.66 | 39.5% |
| Gold (GLD) | 23.5% | 15.8% | 1.20 | 6.8% |
| Commodities (DBC) | 13.3% | 18.7% | 0.58 | 7.0% |
| Real Estate (VNQ) | 5.0% | 18.8% | 0.17 | 32.3% |
| Bitcoin (BTCUSD) | 21.8% | 57.5% | 0.57 | 22.2% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with JOBY | |
|---|---|---|---|---|
| JOBY | 0.1% | 77.6% | 0.33 | - |
| Sector ETF (XLI) | 15.1% | 19.8% | 0.67 | 37.5% |
| Equity (SPY) | 15.9% | 17.9% | 0.76 | 39.4% |
| Gold (GLD) | 16.8% | 14.9% | 0.94 | 6.6% |
| Commodities (DBC) | 9.2% | 17.6% | 0.43 | 7.0% |
| Real Estate (VNQ) | 6.1% | 20.8% | 0.26 | 32.1% |
| Bitcoin (BTCUSD) | 71.2% | 66.5% | 1.10 | 20.9% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/5/2025 | -4.5% | 8.7% | 3.4% |
| 8/6/2025 | -8.9% | -6.0% | -28.9% |
| 5/7/2025 | 3.6% | 11.7% | 26.5% |
| 2/26/2025 | 0.7% | 1.3% | -4.0% |
| 11/6/2024 | 0.6% | 16.4% | 74.4% |
| 8/7/2024 | 5.9% | 1.0% | -2.9% |
| 5/7/2024 | -8.9% | 0.4% | -4.1% |
| 2/21/2024 | -10.0% | -9.2% | -13.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 10 | 10 | 5 |
| # Negative | 6 | 6 | 11 |
| Median Positive | 4.9% | 6.3% | 26.5% |
| Median Negative | -6.7% | -6.4% | -8.8% |
| Max Positive | 13.1% | 24.2% | 74.4% |
| Max Negative | -10.0% | -13.9% | -30.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/27/2025 | 10-K |
| 09/30/2024 | 11/06/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/08/2024 | 10-Q |
| 12/31/2023 | 02/27/2024 | 10-K |
| 09/30/2023 | 11/06/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 05/05/2023 | 10-Q |
| 12/31/2022 | 03/01/2023 | 10-K |
| 09/30/2022 | 11/04/2022 | 10-Q |
| 06/30/2022 | 08/12/2022 | 10-Q |
| 03/31/2022 | 05/13/2022 | 10-Q |
| 12/31/2021 | 03/28/2022 | 10-K |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Simi, Bonny W | President of Operations | Direct | Sell | 1052026 | 13.85 | 110,173 | 1,525,775 | 1,732,692 | Form |
| 2 | Dehoff, Kate | See Remarks | Direct | Sell | 1052026 | 13.51 | 10,484 | 141,639 | 2,238,553 | Form |
| 3 | Allison, Eric | Chief Product Officer | Direct | Sell | 1052026 | 13.51 | 5,447 | 73,589 | 9,019,114 | Form |
| 4 | Bowles, Gregory | Chief Policy Officer | Direct | Sell | 1052026 | 13.51 | 4,194 | 56,661 | 2,247,307 | Form |
| 5 | Bevirt, Joeben | CEO and Chief Architect | Direct | Sell | 1052026 | 13.51 | 23,552 | 318,188 | 3,901,877 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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