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Analyst Rating: Will Joby Aviation Inc (JOBY) Stock Beat the Market?

Monday, November 27, 2023 09:45 AM | InvestorsObserver Analysts

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Analyst Rating: Will Joby Aviation Inc (JOBY) Stock Beat the Market?

Analysts who follow Joby Aviation Inc (JOBY) on average expect it to gain 41.34% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns JOBY an Analyst Ranking of 16, which means it ranks higher than 16 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.3
Wall Street analysts are rating JOBY a Buy today. Find out what this means to you and get the rest of the rankings on JOBY!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Joby Aviation Inc Stock Today?

Joby Aviation Inc (JOBY) stock is trading at $5.66 as of 9:44 AM on Monday, Nov 27, a drop of -$0.11, or -1.91% from the previous closing price of $5.77. The stock has traded between $5.64 and $5.75 so far today. Volume today is less active than usual. So far 258,237 shares have traded compared to average volume of 6,075,709 shares. Click Here to get the full Stock Report for Joby Aviation Inc stock.

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