New York, May 16, 2026, 18:03 (EDT)
- Joby Aviation finished Friday at $10.36, losing 2.6% for the day and falling about 4.7% from last week’s close.
- Friday filings disclosed indirect share sales by trusts linked to CEO JoeBen Bevirt, part of a 10b5-1 trading plan, a preset insider-sale program.
- This week, the direction for Joby will likely depend on what investors key in on: certification milestones, the company’s cash position, or the ongoing execution risk for the eVTOL sector.
Joby Aviation Inc. starts Monday’s session on the back foot. Shares in the electric air-taxi maker ended Friday at $10.36, down 2.63%. The stock moved between $10.04 and $10.58 through a volatile week, despite the company notching several new operating milestones.
No Saturday trading. The NYSE core session is 9:30 a.m. to 4:00 p.m. ET. The next scheduled market holiday is Memorial Day on May 25, 2026, so Monday will be the next regular session for the stock.
Timing is in focus as investors weigh both the push toward commercial passenger service and a share price still built on promises, regulatory hurdles and cash burn. Joby is working on an eVTOL—an electric aircraft that can take off vertically like a helicopter and fly like a plane.
Another Form 4 dropped on Friday for CEO JoeBen Bevirt—filing shows the Joby Trust sold 322,019 shares and the JoeBen Bevirt 2020 Descendants Trust offloaded 99,000 shares at an average price of $10.38 each. Sales went through under a Rule 10b5-1 plan the trusts put in place on Oct. 10, 2025.
Sale headlines didn’t capture it all. Shares dropped Monday and Tuesday, jumped Wednesday, then fell back Thursday and Friday. By the end of the week, the stock was down about 4.7%, closing under the $10.87 mark from May 8.
Stocks slumped Friday, with the S&P 500 down 1.24% and the Nasdaq off 1.54%. Higher-risk growth names got hit. Shares of Archer Aviation, BETA Technologies and Vertical Aerospace, which are in the same space as Joby, closed lower as well based on the latest quotes.
Joby bulls are sticking with the execution story as profits remain out of reach. The company said this month it finished New York City’s first point-to-point eVTOL flights, showed up in several White House-backed eVTOL Integration Pilot Program applications, flew its first FAA-conforming aircraft for Type Inspection Authorization, and wrapped up an SR3 audit, which is one of the FAA’s certification reviews.
Joby founder and CEO Bevirt said the company finished the quarter with a “very strong balance sheet” and what he called the “clearest path” yet to launching passenger flights. Communities are now seeing the aircraft “in the skies above their own cities,” he said. Joby Aero, Inc.
Joby’s $2.47 billion cash pile is still the story. The company showed $24.2 million in Q1 revenue and posted a net loss of $110.0 million. Joby finished March with about $701 million in long-term debt.
Joby Aviation shares are still trading with uncertainty as analysts stay divided. Canaccord Genuity’s Austin Moeller kept his Hold rating and lowered his target to $11.50 from $15.50, Sahm Capital said last week.
Looking to the week ahead, traders will be watching if the stock can recover from Friday’s drop and if the company gives any updates on early U.S. operations. A MarketBeat summary of Joby’s earnings call said Bevirt called Dubai and U.S. pilot programs “two shots on goal” for this year’s passenger flights. MarketBeat
But things can shift fast. In its latest quarterly filing, Joby warns that any changes to FAA rules might delay its type certification or push back the commercial launch. If it doesn’t get the needed authorizations or certifications on time, Joby could miss its planned start for commercial service.
Joby’s position going into Monday looks straightforward. Investors see cash on hand, real aircraft, and an eye toward 2026 operations. But the stock is still losing money, fell alongside sector peers, and is tied to regulatory moves. Without passenger service generating steady income, Joby is trading on progress that’s not yet locked in.
