JOBY rises as investors revisit manufacturing and commercialization progress

Joby Aviation (JOBY) is up 3.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The clearest fresh company catalyst appears to remain Joby’s late-June manufacturing alliance with Toyota, while no newer major press release is visible on the company’s news page. This could be because investors are rotating back into eVTOL names and giving added weight to Joby’s manufacturing, certification, and early-operations roadmap despite the absence of a single new headline today. ([jobyaviation.com](https://www.jobyaviation.com/news))

Details:

Joby’s latest listed press release is dated June 30, 2026, when it and Toyota announced the initial phase of a strategic manufacturing alliance. ([jobyaviation.com](https://www.jobyaviation.com/news))

The alliance is intended to lay the groundwork for commercial production and improve productivity, quality, cost, and production capacity for Joby’s aircraft program. ([pressroom.toyota.com](https://pressroom.toyota.com/?generate_pdf=115756))

In its first-quarter 2026 materials, Joby highlighted $2.5 billion in cash and short-term investments as of March 31, 2026, giving it substantial funding for certification and scale-up work. ([ir.jobyaviation.com](https://ir.jobyaviation.com/sec-filings/all-sec-filings/content/0001819848-26-000321/0001819848-26-000321.pdf))

Joby also said it was selected in multiple winning applications under the White House-backed eVTOL Integration Pilot Program, creating a path for early operations in up to 11 states in 2026. ([ir.jobyaviation.com](https://ir.jobyaviation.com/sec-filings/all-sec-filings/content/0001819848-26-000321/0001819848-26-000321.pdf))

Sources:

Joby Aviation, Toyota, SEC

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$JOBY Insider Trading Activity

$JOBY insiders have traded $JOBY stock on the open market 85 times in the past 6 months. Of those trades, 0 have been purchases and 85 have been sales.

Here’s a breakdown of recent trading of $JOBY stock by insiders over the last 6 months:

JOEBEN BEVIRT (CEO and Chief Architect) has made 0 purchases and 17 sales selling 2,013,511 shares for an estimated $20,071,409.
PAUL CAHILL SCIARRA sold 416,666 shares for an estimated $5,008,325
KATE DEHOFF (See Remarks) has made 0 purchases and 13 sales selling 115,463 shares for an estimated $1,262,830.
RODRIGO BRUMANA (Chief Financial Officer) has made 0 purchases and 7 sales selling 85,687 shares for an estimated $955,151.
ERIC ALLISON (Chief Product Officer) has made 0 purchases and 8 sales selling 82,389 shares for an estimated $850,001.
DIDIER PAPADOPOULOS (President of Aircraft OEM) has made 0 purchases and 17 sales selling 69,349 shares for an estimated $655,732.
GREGORY BOWLES (Chief Policy Officer) has made 0 purchases and 15 sales selling 57,099 shares for an estimated $578,613.
BONNY W SIMI (President of Operations) has made 0 purchases and 7 sales selling 28,867 shares for an estimated $271,396.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$JOBY Hedge Fund Activity

We have seen 281 institutional investors add shares of $JOBY stock to their portfolio, and 144 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. added 6,809,994 shares (+17.1%) to their portfolio in Q1 2026, for an estimated $56,250,550
CITIGROUP INC added 3,724,233 shares (+1888.4%) to their portfolio in Q1 2026, for an estimated $30,762,164
DELTA AIR LINES, INC. added 3,546,481 shares (+32.1%) to their portfolio in Q1 2026, for an estimated $29,293,933
SQUAREPOINT OPS LLC added 3,154,490 shares (+603.1%) to their portfolio in Q1 2026, for an estimated $26,056,087
GHISALLO CAPITAL MANAGEMENT LLC added 2,829,666 shares (+943.2%) to their portfolio in Q1 2026, for an estimated $23,373,041
PRICE T ROWE ASSOCIATES INC /MD/ removed 2,715,293 shares (-80.2%) from their portfolio in Q1 2026, for an estimated $22,428,320
RENAISSANCE TECHNOLOGIES LLC added 2,645,200 shares (+194.5%) to their portfolio in Q1 2026, for an estimated $21,849,352

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$JOBY Price Targets

Multiple analysts have issued price targets for $JOBY recently. We have seen 5 analysts offer price targets for $JOBY in the last 6 months, with a median target of $13.0.

Here are some recent targets:

Austin Moeller from Canaccord Genuity set a target price of $11.5 on 05/07/2026
Chris Pierce from Needham set a target price of $18.0 on 05/06/2026
Kristine Liwag from Morgan Stanley set a target price of $13.0 on 05/06/2026
Amit Dayal from HC Wainwright & Co. set a target price of $18.0 on 02/26/2026
Bill Peterson from JP Morgan set a target price of $7.0 on 02/26/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.