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How to Buy Joby Aviation stock [2024] | Invest in JOBY

how to buy joby stock
Marko Marjanovic

Summary: Joby Aviation is known for its development of electric vertical takeoff and landing (eVTOL) aircraft. This guide will teach you how to buy Joby Aviation stock using an online investment platform such as eToro.

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Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

About Joby Aviation

Joby homepage. Source: JobyAviation.com

Joby Aviation(NYSE: JOBY) is an air mobility company focusing on the development and commercialization of eVTOL aircraft designed for urban transportation. The company has set its goals to provide a faster, cleaner, and more efficient mode of transportation.

How to buy Joby Aviation stock: Step-by-step

Joby went public in 2021, trading on the New York Stock Exchange (NYSE) under the ticker JOBY.

To purchase Joby Aviation stock, follow these steps:

  1. Find a broker: Find a brokerage platform that lists Joby Aviation stock;
  2. Research the company;
  3. Register and fund your account;
  4. Place a trade: Find Joby Aviation stock on the broker’s platform and place a trade;
  5. Monitor your investment.

Step 1: Find a broker

To start investing, you need to select a reputable broker that lists Joby Aviation stock. Since there are a lot of options to choose from, it’s important to compare various online brokers to find one that suits your needs and investment strategy. To find a broker that suits your needs, consider factors such as:

  • Regulation and Trustworthiness: Ensure the broker is regulated by a reputable financial authority;
  • Fees and Commissions: Compare fees, commissions, spreads, and additional charges;
  • Trading Platform and Tools: Evaluate the platform’s features and market analysis tools;
  • Customer Service: Assess the quality and availability of customer support.

Our recommended broker for investing in Joby is eToro, a platform with millions of active users that offers:

  • Commission-free stock and ETF trading;
  • Over 2,000 stocks from 17 different exchanges;
  • Fractional shares;
  • Charting tools;
  • User-friendly platform.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Step 2: Research the company

Before buying Joby (or any other) stock, it’s crucial to research the company and see how its stock is performing. To do that, you can conduct fundamental and technical analysis:

Step 3: Fund your account

The next step is to open an account, which usually involves providing personal information and verifying your identity with a valid ID document. You can deposit funds using various methods, such as:

  • Bank transfers;
  • Credit/debit cards;
  • E-wallets;
  • Third-party payment systems like PayPal.

Step 4: Place a trade

With your account funded, you can buy Joby Aviation stock by following these steps:

  1. Log in to your broker’s trading platform;
  2. Search for Joby Aviation stock using its ticker symbol, JOBY;
  3. Enter the number of shares you want to purchase or the dollar amount you wish to invest;
  4. Choose the type of order you want to place (i.e., market, limit, stop-loss, etc.);
  5. Review the details of your order;
  6. Execute the trade.

Different orders can be summarized as follows:

  • Market order: An instruction to the broker to buy or sell the stock immediately at its current market price;
  • Limit order: Allows you to set a specific price at which you wish to buy or sell a stock;
  • Stop-loss order: Triggers the sale of a stock when its price reaches a predetermined level.

Step 5: Monitor your investment

Regularly monitoring your investment’s performance is crucial. This involves examining Joby’s financial statements, quarterly earnings reports, and press releases. Additionally, keep track of:

  • Key performance indicators such as revenue, net income, and market share;
  • Industry trends and competitors in the eVTOL and urban air mobility sector;
  • Broader economic conditions that could affect the aerospace industry.

By staying informed, you can make well-educated decisions about whether to hold, buy more, or sell your shares.

Disclaimer: TradingView does not recommend trading financial instruments based exclusively on the advice of the Technical Rating indicator. These recommendations cannot predict future movements and are meant as assistance for spotting potentially favorable buy/sell conditions if this is consistent with their strategy.


Joby Aviation stock price today

Pros and cons of investing in Joby

Pros

Pros

  • Innovative technology: Joby focuses on eVTOL aircraft, so it could potentially transform urban transportation;
  • Environmental Focus: Joby’s electric aircraft offer a cleaner alternative to traditional transportation methods, so Joby could be a solid ESG investment for those who wish to invest in green energy;
  • Growth Potential: The air mobility market is expected to grow in the coming years.
Cons

Cons

  • High Development Costs: The development and commercialization of eVTOL technology require significant investment;
  • Regulatory Challenges: The industry faces strict regulatory requirements that could impact the timeline for widespread adoption;
  • Market Uncertainty: The urban air mobility market is still in its early stages;
  • Adoption: Joby products are therefore not in high demand;
  • No dividends: Joby does not pay a dividend.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

FAQs about how to buy Joby Aviation stock

Does Joby have a stock?

Yes, Joby is publicly traded on the NYSE under the ticker symbol JOBY.

What is the stock symbol for Joby Aviation?

The Joby Aviation stock symbol is JOBY.

Who is investing in Joby Aviation?

The largest Joby Aviation shareholders include Baillie Gifford & Co, Capricorn Investment Group LLC, and Vanguard Group Inc.

How to buy Joby Aviation stock?

You can buy Joby Aviation stock through an online brokerage platform like eToro.

Where to buy Joby Aviation stock?

You can buy Joby Aviation stock on online investment platforms such as eToro.

Does Joby pay dividends?

As of now, Joby does not pay dividends.

How much is Joby Aviation stock worth?

As of August 2024, Joby is worth around $4 billion.

Is Joby Aviation stock a good buy?

Whether Joby Aviation stock is a good buy depends on various factors, including your investment goals, risk tolerance, and market conditions. 

Is Joby a penny stock?

Joby is often considered a penny stock.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

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