JOBY · NYSE · STOCK
Joby Aviation (JOBY) Stock Analysis
$5.43
52W $5.23 – $18.77
54/100
$5.35B
-5.5
2.66
Is JOBY Bullish or Bearish?
Mixed.
Innellis AI committee rates Joby Aviation, Inc. (JOBY) Watch with a composite score of 54/100
, based on 6 analysts with 67% agreement.
Last updated October 10, 2026.
What Would Change This View
- Upgrade to Buy
- Requires a committee score of 60.0 — +6.27 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Reduce
- Requires the score to fall below 40.0 — -13.73 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. Macro Analyst sees a compelling case. Portfolio Manager remains cautious — sector concentration is already high (hhi 2796.97). This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- Revenue growing 69860.4% YoY -- genuine top-line momentum — Growth
- Weekly trend (downtrend) confirms the daily trend -- multi-timeframe agreement — Technical
- Low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock — Risk
Bear Case
- Price-to-book of 8.5x prices in significant intangible value — Value
- ROE of only -58.2% -- cheap may mean cheap for a reason — Value
- Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
- Price structure making lower highs and lower lows — Technical
- RSI at 14 is in oversold territory (could mean either capitulation or a bounce setup) — Technical
- MACD histogram negative -- bearish momentum — Technical
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of October 10, 2026
Overall Committee Score
54/100
Agreement
67%
Analysts
6
Conviction
Moderate
Sector Rank
Top 77%
of 227 Industrials peers
Value Analyst
neutral
43
/ 100 · Moderate confidence
Fair value -- neither a bargain nor obviously overpriced
− Price-to-book of 8.5x prices in significant intangible value
Growth Analyst
bullish
60
/ 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 69860.4% YoY -- genuine top-line momentum
− Growth rate is decelerating quarter over quarter -- the trend line matters more than the level
Technical Analyst
neutral
41
/ 100 · High confidence
Mixed or range-bound price action
+ Weekly trend (downtrend) confirms the daily trend -- multi-timeframe agreement
− Price structure making lower highs and lower lows
Risk Analyst
neutral
58
/ 100 · Moderate confidence
Moderate risk -- no single red flag, but nothing that clearly de-risks the position either
+ Low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock
− Bollinger bandwidth of 17.1% signals elevated volatility
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
neutral
55
/ 100 · Low confidence
News flow is mixed or quiet -- no strong signal either way right now
Portfolio Manager
bearish
30
/ 100 · Moderate confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− Sector concentration is already high (HHI 2796.97)
Investment Thesis Evolution
Committee score weakened from 59.1 to 53.7.
- Conviction changed from contested to moderate.
- Committee agreement increased notably from 50% to 67%.
- New bearish signals: 4 appeared.
- Bullish support removed: 1 signal(s) disappeared.
- Bearish pressure eased: 1 signal(s) disappeared.
- Analyst(s) changed stance: Risk Analyst.
Analyst-level changes:
- Risk Analyst: stance bullish->neutral; score 80->58 (-22); +1 bearish signal(s).
- Technical Analyst: score 49->41 (-8); +3 bearish signal(s).
Comparing 2026-10-09 to 2026-10-10 (1 day apart).
Technical Analysis
RSI (14)
14.1
Oversold
MACD Histogram
-0.013
Bearish Momentum
Trend Direction
Downtrend
Weekly: Downtrend
Market Structure
Lh Ll
Support
$4.96
Resistance
$9.07
Bollinger %B
-0.10
Below Lower Band
Price vs Moving Averages
EMA 9
$5.81
Below
EMA 21
$6.10
Below
EMA 50
$6.74
Below
EMA 200
$8.94
Below
Fundamental Analysis
Valuation
66
Growth
15
Profitability
3
Financial Health
100
Cash Flow
15
Valuation
P/E Ratio
-5.5×
P/B Ratio
2.99×
PEG Ratio
2.57
Dividend Yield
0.00%
52W High
$18.77
52W Low
$5.23
Quality & Growth
ROE
-6596.0%
ROA
-5180.0%
Gross Margin
2477.6%
Operating Margin
—
Revenue Growth YoY
—
Debt / Equity
0.42
AI Fundamental Assessment
P/E ratio of -5.5 (inexpensive relative to a 15-40x range); Price-to-book of 3.0x; PEG ratio of 2.6 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -66.0%; Return on assets of -51.8%; Net margin of -755.1%; Gross margin of 24.8%; Current ratio of 17.98 (healthy short-term liquidity); Debt-to-equity of 0.42; Free cash flow per share is negative (-0.77); Most recent quarter missed estimates by 4.9%; EPS growth decelerating (+14.3% -> -108.3% QoQ); Analyst estimates falling over recent quarters
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