Morgan Stanley slashes price target on Joby Aviation Inc [JOBY] – find out why.

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Joby Aviation Inc [NYSE: JOBY] surged by $0.56 during the normal trading session on while it closed the day at $8.12.

Joby Aviation Inc stock has also gained 3.84% of its value over the past 7 days. However, JOBY stock has inclined by 22.66% in the 3 months of the year. Over the past six months meanwhile, it has gained 3.44% and lost -0.12% year-on date.

The market cap for JOBY stock reached $6.43 billion, with 789.29 million shares outstanding and 435.01 million shares in the current float. Compared to the average trading volume of 14.69M shares, JOBY reached a trading volume of 27749192 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Joby Aviation Inc [JOBY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JOBY shares is $7.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JOBY stock is a recommendation set at 2.56. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Morgan Stanley have made an estimate for Joby Aviation Inc shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on April 11, 2025. While these analysts kept the previous recommendation, JP Morgan raised their target price from $5 to $6. The new note on the price target was released on January 10, 2025, representing the official price target for Joby Aviation Inc stock. Previously, the target price had yet another raise to $8, while Needham analysts kept a Buy rating on JOBY stock.

The Average True Range (ATR) for Joby Aviation Inc is set at 0.56, with the Price to Sales ratio for JOBY stock in the period of the last 12 months amounting to 58449.09. The Price to Book ratio for the last quarter was 7.46, with the Price to Cash per share for the same quarter was set at 1.03.

JOBY stock trade performance evaluation

Joby Aviation Inc [JOBY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.84. With this latest performance, JOBY shares gained by 26.48% in over the last four-week period, additionally plugging by 3.44% over the last 6 months – not to mention a rise of 66.74% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JOBY stock in for the last two-week period is set at 59.59, with the RSI for the last a single of trading hit 59.86, and the three-weeks RSI is set at 58.73 for Joby Aviation Inc [JOBY]. The present Moving Average for the last 50 days of trading for this stock 6.62, while it was recorded at 7.82 for the last single week of trading, and 6.67 for the last 200 days.

Joby Aviation Inc [JOBY]: An insightful look at the core fundamentals

Joby Aviation Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 17.72 and a Current Ratio set at 17.72.

Earnings per share (EPS) analysis for Joby Aviation Inc [JOBY] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for JOBY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Joby Aviation Inc go to 11.23%.

Joby Aviation Inc [JOBY]: Institutional Ownership

The top three institutional holders of JOBY stocks are: TOYOTA MOTOR CORP/ with ownership of 78.75 million shares, which is approximately 11.4246%. BAILLIE GIFFORD & CO, holding 52.87 million shares of the stock with an approximate value of $$269.63 million in JOBY stocks shares; and BAILLIE GIFFORD & CO, currently with $$184.07 million in JOBY stock with ownership which is approximately 5.8551%.

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