Joby Aviation (NYSE:JOBY) Stock Price Down 1.8% - What's Next?

Analysts weigh in on the electric aviation company's stock performance and outlook.

Published on Mar. 10, 2026

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Joby Aviation's (NYSE:JOBY) stock price fell 1.8% during mid-day trading on Tuesday, closing at $9.86 per share. The company's stock has seen volatility in recent months, with analysts issuing a range of ratings and price targets. Some see potential in Joby's electric vertical takeoff and landing (eVTOL) aircraft technology, while others remain cautious on the stock's near-term prospects.

Why it matters

Joby Aviation is a key player in the emerging urban air mobility market, aiming to provide zero-emission aerial ridesharing services. The company's stock performance and analyst sentiment can provide insights into investor confidence in its technology and business model as it works towards commercialization.

The details

Joby Aviation's stock price fell 1.8% on Tuesday, trading as low as $9.82 per share before closing at $9.86. The company's stock has seen significant volatility in recent months, with a 50-day moving average of $12.08 and a 200-day moving average of $14.06. Analysts have issued a range of ratings and price targets for Joby, with some seeing potential in its eVTOL technology and others remaining more cautious. The Goldman Sachs Group initiated coverage with a 'sell' rating and $10 price target, while Needham & Company LLC and Oppenheimer have 'buy' ratings with $18 price targets.

  • Joby Aviation's stock price fell 1.8% during mid-day trading on Tuesday, March 10, 2026.

The players

Joby Aviation, Inc.

An aerospace company focused on developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility.

The Goldman Sachs Group

An investment banking firm that initiated coverage of Joby Aviation with a 'sell' rating and $10 price target.

Needham & Company LLC

An investment banking firm that has a 'buy' rating and $18 price target on Joby Aviation.

Oppenheimer

An investment banking firm that has a 'buy' rating and $18 price target on Joby Aviation.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Joby Aviation's stock performance and analyst sentiment reflect the ongoing uncertainty and high expectations surrounding the urban air mobility market. As the company works towards commercializing its eVTOL technology, investors will be closely watching for signs of progress and potential challenges that may impact the stock's long-term outlook.