Joby Aviation Shares Sink on Barclays Downgrade and $116.9 Million Verdict

Key Facts

1Joby Aviation shares fell following an analyst downgrade from Barclays.

2The company was hit with a $116.9 million jury verdict.

Joby Aviation shares fell following an analyst downgrade from Barclays. Benzinga reported that the company was also hit with a $116.9 million jury verdict, creating significant downward pressure on the stock price.

JOBY closed at $5.75 on October 8, 2026, after reaching a session low of $5.68. Meanwhile, Barclays (BCS) shares closed at $22.95 on October 8, 2026, as markets reacted to the combined impact of the rating change and the substantial legal penalty.