Wall Street is positive on Joby Aviation Inc (JOBY). On average, analysts give Joby Aviation Inc a Buy rating. The average price target is $8.6, which means analysts expect the stock to increase by 78.42% over the next twelve months.
That average ranking earns Joby Aviation Inc an Analyst Rating of 23, which is better than 23% of stocks based on data compiled by InvestorsObserver.
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?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Joby Aviation Inc Stock Today?
Joby Aviation Inc (JOBY) stock is trading at $4.82 as of 9:46 AM on Thursday, Sep 29, a loss of -$0.17, or -3.41% from the previous closing price of $4.99. The stock has traded between $4.81 and $4.96 so far today. Volume today is below average. So far 107,026 shares have traded compared to average volume of 2,789,273 shares.
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