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Trade JOBY with leverageJoby Aviation ( (JOBY) ) has issued an update.
On January 28, 2026, Joby Aviation entered into a series of capital markets transactions, including an underwritten common stock offering of 52,863,437 shares, completed on February 2, 2026, with an additional greenshoe option for 7,929,515 shares, and a “Delta Offering” of 5,286,343 borrowed shares to facilitate hedging by investors in its convertible notes. The company also issued $600 million of 0.75% Convertible Senior Notes due 2032, with underwriters exercising a $90 million over-allotment option on January 29, 2026, bringing the total issuance to $690 million, and entered into an indenture establishing the notes as senior unsecured obligations with detailed conversion, redemption, repurchase, and default provisions, while simultaneously executing approximately $63.3 million of capped call transactions designed to reduce potential dilution and manage the economic impact of future note conversions, collectively strengthening its balance sheet and providing flexible long-term financing while seeking to limit dilution risk for equity holders.
The most recent analyst rating on (JOBY) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Joby Aviation stock, see the JOBY Stock Forecast page.
Spark’s Take on JOBY Stock
According to Spark, TipRanks’ AI Analyst, JOBY is a Neutral.
The score is held back primarily by very large ongoing losses and heavy cash burn despite early revenue traction, with weak technical momentum reinforcing near-term risk. These are partially offset by a low-debt balance sheet and a constructive earnings call highlighting certification and manufacturing progress plus improved liquidity.
To see Spark’s full report on JOBY stock, click here.
More about Joby Aviation
Joby Aviation, Inc. operates in the aviation and advanced air mobility sector, focusing on the development and commercialization of electric vertical take-off and landing (eVTOL) aircraft and related services for urban and regional air transportation markets.
Average Trading Volume: 25,054,282
Technical Sentiment Signal: Hold
Current Market Cap: $9.64B
Find detailed analytics on JOBY stock on TipRanks’ Stock Analysis page.