Goldman Sachs has initiated coverage on Joby Aviation Inc (JOBY) with a Sell rating, marking its first assessment of the company. This rating reflects the firm's analysis of Joby's business dynamics, industry position, and growth prospects.
Currently trading at $13.59, Joby Aviation operates in the airlines industry, focusing on developing an all-electric, vertical take-off and landing aircraft. The company aims to establish itself as a key player in commercial passenger transport, with plans to manufacture and operate its aircraft while offering app-based aerial ridesharing services. Headquartered in Santa Cruz, California, Joby employs 2,029 full-time staff and went public on September 17, 2020.
As of November 8, 2025, Joby Aviation has a market capitalization of $13.2 billion and a trailing twelve-month EPS of -1.06. Upcoming earnings reports are anticipated, with estimates for August 4, 2026, projecting an EPS of -0.20 and revenue of $22.3 million.
Analyst ratings like this one provide valuable insights based on research, but they are merely one factor in investment decisions. It's essential to consider a range of elements, including company fundamentals and market trends. Ratings can evolve as new information emerges, highlighting the diverse opinions that analysts may hold about the same company.