Joby Aviation, Inc. (JOBY) Down 4.7% — Time to Sell and Move Forward?
Joby Aviation, Inc. (JOBY) retreated sharply in the latest session, with shares closing at $13.28 on the NYSE, down 4.70% from the prior close of $13.93. That move translated into the stock losing $0.65 in a single day, leaving it under pressure after recent trading. The pullback comes with volume of 10.8 million shares, well below the 90-day average of about 32.9 million shares, suggesting this latest leg lower unfolded on lighter-than-usual activity. Even after recent gains earlier in the year, the stock is now sliding further away from its recent peak, with the current price standing well under the 52-week high of $20.95 set on Aug. 4, 2025.
From a broader perspective, JOBY continues to lose ground relative to its own recent range. With a 52-week band between $4.96 and $20.95, the stock is now trading closer to the mid-point of that span than to the top, highlighting the distance from its prior highs and underscoring ongoing headwinds for bullish momentum. Within the Transportation and Logistics space, several peers such as United Parcel Service, Inc. (UPS), DiDi Global Inc. (DIDIY), and U-Haul Holding Company (UHAL) have also experienced bouts of volatility, but JOBY’s latest percentage drop stands out as a particularly weak session. The combination of a notable single-day decline, lighter volume, and a widening gap from the 52-week high paints a picture of a stock under sustained selling pressure rather than one mounting a strong recovery.
Why Joby Aviation, Inc. Price is Moving Lower
Joby Aviation’s sharp pullback follows a stretch of aggressive gains that left the stock vulnerable to profit-taking and sentiment shifts. After touching highs near $15.42 on Jan. 19–20, shares began a steady slide, breaking lower again with a gap down to roughly $13.39 on Jan. 26. That pattern points to growing investor caution toward the recent 98%-plus year-to-date surge, especially in the absence of fresh company-specific catalysts to justify such a rapid run-up. In short, the price is adjusting as traders reassess how much near-term optimism is already embedded in the stock.
Fundamentally, the numbers highlight why some investors may be hitting the brakes despite eye-catching revenue growth. Joby has posted extraordinary percentage gains in quarterly revenue, but from a very small base, and the business remains deeply unprofitable, with profit margins firmly in negative territory. That combination signals a long and uncertain road to sustainable earnings. At the same time, the broader transportation and mobility space has been under pressure, with peers such as UPS, DiDi Global, and U-Haul also struggling to generate strong shareholder returns. Against this backdrop, a highly speculative, early-stage eVTOL name like Joby can face amplified selling pressure when risk appetite cools, leading to the kind of downside volatility and price weakness now evident on the chart.
What is the Joby Aviation, Inc. Rating - Should I Sell?
Weiss Ratings assigns JOBY a D rating. The stock was upgraded on 5/28/2024. Current recommendation is Sell. Despite that technical upgrade, a D rating still places Joby Aviation, Inc. among the weaker, higher-risk names in the Industrials sector on a risk-adjusted basis. Investors should view this rating as a clear warning that the overall risk/reward profile remains unfavorable.
The individual sub-indices help explain why. The Weak Growth Index shows that, even with headline revenue growth above 80,000%, the underlying growth story is not translating into sustainable, shareholder-friendly performance. The Very Weak Efficiency Index is a particular concern, signaling poor returns on capital and deeply negative profitability, consistent with the extreme profit margin of roughly -4,657% and a forward P/E ratio of -10.50. In other words, rapid top-line expansion has come with heavy losses, and management has yet to demonstrate an ability to convert spending into durable earnings.
On the risk side, the Excellent Solvency Index indicates a solid balance sheet and capacity to meet obligations, which is a positive for long-term viability. However, this strength is outweighed by the Weak Volatility Index and only Fair Total Return Index, showing that shareholders have not been adequately compensated for the risk they are taking. The market has been hesitant to reward the story, despite the capital cushion.
Compared with sector peers such as United Parcel Service, Inc. (UPS, D+), DiDi Global Inc. (DIDIY, D+), and U-Haul Holding Company (UHAL, D), JOBY sits at the lower end of an already challenged group. For investors, the D rating signals that, even within a risky segment, Joby Aviation, Inc. stands out as an underperformer where caution is warranted.
About Joby Aviation, Inc.
Joby Aviation, Inc. (JOBY) operates in the Industrials sector, within the Transportation industry, but focuses on a niche that remains highly experimental: electric vertical takeoff and landing (eVTOL) air mobility. The company is attempting to control every major stage of its value chain, from aircraft design and manufacturing to the eventual operation of an air transportation service. Its flagship product is an eVTOL aircraft intended for short-distance urban and regional trips, an area where regulatory, infrastructure, and adoption challenges are still substantial. Headquartered in Santa Cruz, California, Joby was founded in 2009 and has spent years in development without a mature commercial service in operation.
The company’s stated goal is to create an aerial ridesharing service that functions as an app-based, on-demand urban air mobility platform in the United States and Dubai. This model requires Joby to succeed simultaneously as an aerospace manufacturer and as a transportation service operator, increasing operational complexity and execution risk. The business also depends on wide-scale consumer adoption of an unfamiliar transportation mode, along with local acceptance of low-altitude urban air traffic. While vertical integration may offer theoretical control over cost and quality, it also concentrates technical, regulatory, and operational risks within a single company competing against established aerospace and transportation players.
Investor Outlook
With Joby Aviation, Inc. (JOBY) carrying a D (Sell) Weiss Rating, investors may want to closely monitor whether the stock can stabilize and show sustained improvement before reassessing its risk/reward profile. Watch for shifts in Industrials sector sentiment, funding conditions for early-stage aviation technologies and any rating changes that could signal improving or worsening fundamentals. See full rankings of all D-rated Industrials stocks inside the Weiss Stock Screener.
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