Joby Stock Price Prediction - Time To Buy JOBY Now

Joby Stock Price Prediction – Time To Buy JOBY Now

Joby Stock Price Prediction
Joby Stock Price Prediction

Want to know Joby stock price prediction for the coming years? Look no further! We provide an in-depth analysis of the Joby aviation stock price so you can make an informed decision about investing. 

To better understand where the company is going, keep up with the most recent news and happenings. Check out our blog for more information!

Joby Aviation is a California-based startup that’s developing all-electric vertical take-off and landing (eVTOL) aircraft. The company made headlines for its partnership with Uber, which plans to use Joby’s aircraft for its future aerial ridesharing service. 

Despite the surge of interest in eVTOL aircraft, the stock price of Joby Aviation has been relatively stagnant over the past year. However, with the partnership with Uber, and other potential partnerships in the pipeline, now is a good time to buy shares of JOBY. 

JOBY stock price is likely to increase in the coming months as the company’s technology becomes more widely adopted. The current stock of JOBY is valued at 4.07 USD. Analysts predict that the average price per share of Joby aviation will reach 8.15 USD by 2025.

About JOBY Aviation

JOBY Aviation is an American aircraft manufacturer founded in 2009 by JoeBen Beyer. The business is focused on electric vertical take-off and landing aircraft and has its corporate headquarters in Santa Cruz, California.

JOBY Aviation’s first aircraft was the G2, a two-seat ultralight aircraft. The company plans to produce a four-seat variant of the G2, as well as an electric vertical takeoff and landing (eVTOL) aircraft. 

JOBY Aviation has received investment from Toyota Motor Corporation, Intel Capital, and Alphabet Inc.’s Google Ventures. In 2020, the company announced it had raised $590 million in Series C funding, valuating the company at $3.3 billion.

Joby Aviation, Inc. (JOBY) Financials

Market Cap2.53B
Enterprise Value1.22B
Shares Outstanding621.73M
Public Float270.02M
Volume1,449,252
Avg. Volume3,265,073
52 Week Range3.6100 – 8.4600
200-Day Moving Average5.1511
PE Ratio (TTM)N/A
EPS (TTM)-0.4880
Forward Dividend & YieldN/A
Enterprise Value/EBITDA-7.00
Trailing & Forward P/EN/A

Management Effectiveness

Return on Assets (ttm)-16.40%
Return on Equity (ttm)-15.10%

Profitability

Profit Margin0.00%
Operating Margin (ttm)0.00%

Cash Flow Statement

Operating Cash Flow (ttm)-231.56M
Levered Free Cash Flow (ttm)-172.33M

Joby Stock Price Prediction 2022

Joby Stock Price Prediction
Joby Stock Price Prediction

JOBY stock is currently trading at 4.07 USD. The average target price per share is expected to reach 3.93 USD in December 2022. Positive tendencies are expected to prevail in the period with the lowest target price being 3.79 USD and the highest being 4.31 USD. The anticipated price volatility per month is 12.140%.

Joby Stock Price Prediction 2023

In 2023, the average target price per share of JOBY is anticipated to be 4.30 USD. With a predicted price range of 4.11 USD to 4.54 USD, positive trends are anticipated to rule during this time. The monthly price volatility is expected to be 9.531%.

Joby Stock Price Prediction 2024

Analysts have predicted that, in 2024, JOBY stock will climb to an average price target of 8.00 USD. The lowest price target is expected to be 7.40 USD and the highest price target will be 8.85 USD. The probable monthly price volatility of 16.435% is anticipated.

Joby Stock Price Prediction 2025

According to analyst forecasts, JOBY stock will increase to an average price target of 8.15 USD in 2025. The predicted range for price targets is 7.08 USD for the lowest and 9.05 USD for the highest. Price volatility of up to 21.734% each month is projected.

Joby Stock Price Prediction 2026

The average price target for JOBY stock according to analysts is 10.88 USD in 2026. Expected price targets range from 10.11 USD for the lowest to 12.17 USD for the highest. It is projected that there will be monthly price volatility of 16.893%.

Should You Buy Joby Stocks?

There’s no doubt that the aviation industry is facing some challenges at the moment. However, despite the present challenges, there are still many reasons to be optimistic about the sector’s long-term prospects. And one company that looks well-positioned to take advantage of the industry’s recovery is Joby Aviation.

Analysts have given a consensus rating of Buy for Joby stocks considering its growth prospects for upcoming years. The financial position of JOBY looks stable, and analysts are expecting sales growth and increased profitability. 

Joby is a market leader in the electric vertical take-off and landing (eVTOL) aircraft segment. The company has raised over $800 million from investors including Toyota, General Electric, and Intel, and it recently announced a partnership with Uber to develop a fleet of eVTOLs for use in Uber’s future air taxi service.

Additionally, Airbus, one of the biggest aircraft producers in the world, is a partner of Joby Aviation. This partnership gives Joby Aviation access to Airbus’ vast resources and expertise.

The aviation industry is going through a tough patch at the moment, but companies like Joby Aviation are positioning themselves to take advantage of the sector’s long-term growth potential. If you’re looking for an aviation stock to buy, Joby should definitely be on your radar.

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Conclusion

Thus, we now conclude our blog on Joby Stock Price Prediction. With analysts having an optimistic attitude toward Joby’s share prices and financial position, these stocks are a good buy for investors looking for long-term gains.

Joby Aviation has a promising future and the potential to completely change how people travel by air. Their innovative technology and focus on sustainability are sure to make them a major player in the years to come. Joby Aviation is unquestionably a stock to watch if you’re wanting to invest for long-term profitability.

Shana Conzelman

Shana Conzelman is a shrewd businesswoman with a keen eye for stock market investments. She is very particular about the stocks she chooses to invest in, and takes great care to learn as much as possible about each company's stock prediction more

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