JOBY is a small-float battleground stock with long and short interest both equal to 10% of float; crowding score has eased (45) but squeeze risk remains high (65).

Bulls point to cutting edge tech, certifications, partnerships, and defense demand, bears cite no revenue, regulatory risk, cash burn, and competition.

Shares rose ~65% last year and ~333% over three years, and analyst sentiment is becoming increasingly bearish.

Joby Aviation (JOBY) remains a prominent Battleground Stock with a notably restricted public float. Utilizing S3 short interest analytics, we find that active long and short notional values are currently almost equivalent.

The ticker has functioned as a core Battleground Stock since July of 2025.

The aircraft design resembles a large, piloted drone, distinguishing it from traditional helicopter technology. Legally classified as an airplane, its mission includes urban air taxi services and Department of Defense contract support.

Our real-time short interest and active long holdings data indicate that both are near 10% of the float. While historical short interest data shows constant share volume, the interest % of float has declined due to float growth.

The crowded shorts data score has moderated accordingly but maintains a significant level of 45. The short squeeze score has reached 65, following recent upward movements in the stock price.

Bearish reasons for battleground data highlight zero revenue, regulatory risks, and high financing cost analytics compared to retail positions.

The long thesis for battleground relies on advanced technology and certification, alongside a robust cash position and high short squeeze risk.

The equity demonstrated momentum with a 65% gain over the past year and a 333% increase over the last three years.

Analyst sentiment is shifting toward the bearish, with bullish sentiment reduced to a trickle and sell-side activity becoming substantial.

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The information herein (some of which has been obtained from third party sources without verification) is believed by S3 Partners, LLC (“S3 Partners”) to be reliable and accurate. Neither S3 Partners nor any of its affiliates makes any representation as to the accuracy or completeness of the information herein or accepts liability arising from its use. Prior to making any decisions based on the information herein, you should determine, without reliance upon S3 Partners, the economic risks, and merits, as well as the legal, tax, accounting, and investment consequences, of such decisions.