{
  "symbol": "JOBY",
  "company": "Joby Aviation, Inc.",
  "generated_at": "2026-06-24T07:36:49.080Z",
  "event_count": 4,
  "events": [
    {
      "type": "scout_dossier",
      "ts": "2026-06-16T04:21:17.122Z",
      "summary": "After deep-reading all 10 recent Form 4 filings triggered by the cluster, nearly every transaction is RSU vesting (M-code conversions) paired with sell-to-cover for taxes — NOT open-market purchases. The CFO's June 4 sale ($886K at $11.30) was a tax withholding settlement; director Thompson and director Saluja each converted ~19K RSUs vestings; the CPO sold via pre-existing 10b5-1 plan above current prices. There are zero open-market buys (P-code). JOBY is a pre-revenue eVTOL developer burning ~$380M FCF annually against $2.47B cash, down 54% from its 52-week high of $20.95. The stock has no P/E and trades at EV/Rev of 100x. Near-term catalysts exist (Dubai launch 2026, Q1 beat +41% surprise, Aug 5 earnings), but the company lacks a defensible mispricing thesis — it is correctly pricing in deep uncertainty about certification timeline, capital burn, and unproven revenue model.",
      "verdict": "no_anomaly",
      "confidence": 4,
      "tool_calls": 19,
      "walltime_min": 21,
      "debug_path": "dossiers/2026-06-16-JOBY.scout.debug.json"
    },
    {
      "type": "analyst_decision",
      "ts": "2026-06-02T02:34:38.247Z",
      "skip": true,
      "reason": "Hard anti-signals (dilution overhang, litigation, customer concentration) and zero insider conviction combine with deeply negative profitability to invalidate a directional thesis. While IV is elevated for income structures, the fundamental risk profile and lack of asymmetric upside justify a skip.",
      "score": 22,
      "breakdown": {
        "smart_money": 0,
        "options_flow": 1,
        "catalyst": 13,
        "mispricing": 0,
        "quality": 5,
        "technical": 3
      },
      "debug_path": "drafts/2026-06-02-JOBY.analyst.debug.json"
    },
    {
      "type": "scout_dossier",
      "ts": "2026-06-02T02:34:01.544Z",
      "summary": "Joby is a pre-revenue eVTOL air taxi company that has begun generating early revenue ($30.8M Q4 2025) via the acquired Blade charter business. The stock is near its 52-week high at $11.97 (year-high $20.95; down ~43% from peak). Q1 2026 EPS beat consensus by +41%. FAA eVTOL Integration Pilot Program demonstrations over New York City and nine newly approved states represent genuine regulatory catalysts. However, the investigation found that ALL 25 recent Form 4 filings are S-transactions (sales) under pre-established 10b5-1 plans — no open-market purchases (P-code) by any officer or director in the past six months. The stock is deeply unprofitable with negative margins and an absurd EV/Revenue of ~129x, fully pricing in years of future growth. IV is elevated at ~83-89% ATM, creating premium for income strategies but not enough mispricing to support a directional long thesis.",
      "verdict": "range_bound_or_income",
      "confidence": 4,
      "tool_calls": 23,
      "walltime_min": 16,
      "debug_path": "dossiers/2026-06-02-JOBY.scout.debug.json"
    },
    {
      "type": "scout_dossier",
      "ts": "2026-05-27T16:04:06.554Z",
      "summary": "{\"symbol\":\"JOBY\",\"company\":\"Joby Aviation, Inc.\",\"investigation_summary\":\"Joby is a pre-commercial eVTOL air taxi company with no meaningful revenue, deeply loss-making (-$0.12 EPS in Q1 2026), and burning ~$144M/quarter in operating cash flow. The stock has declined ~45% from its October 2025 highs near $19.60 to ~$11.30 as investor patience wears thin on FAA certification timeline uncertainty. A",
      "verdict": "unparseable",
      "tool_calls": 18,
      "walltime_min": 34,
      "debug_path": "dossiers/2026-05-27-JOBY.scout.debug.json"
    }
  ],
  "lessons": [],
  "chart_signal": {
    "ticker": "JOBY",
    "call": "SELL",
    "confidence": 3,
    "score": -6,
    "factors": {
      "below_200dma": "-2",
      "below_50dma": "-1",
      "momentum_up": "+1 (17.8%)",
      "rsi_neutral": "0 (45.4)",
      "recent_macd_bearish_cross": "-2 (11d ago)",
      "broken_below_high": "-2 (-53.2% from high)"
    },
    "summary": "SELL (score -6) · 12-1 mom 17.8% · RSI 45.4 · below_both · -53.2% from high",
    "last_close": 9.55,
    "one_month_ago_close": 10.4,
    "twelve_month_ago_close": 8.83,
    "twelve_one_momentum_pct": 17.78,
    "rsi_14": 45.4,
    "ma_stack": "below_both",
    "from_period_high_pct": -53.16,
    "period_high": 20.39,
    "price_targets": {
      "bear": 6,
      "fair": 10.19,
      "bull": 23.45,
      "bear_return_pct": -37.2,
      "fair_return_pct": 6.7,
      "bull_return_pct": 145.5,
      "method": "street_targets ⨯ chart_floors",
      "street": {
        "target_low": 6,
        "target_mean": 11.12,
        "target_high": 18,
        "analyst_count": 9
      }
    },
    "generated_at": "2026-06-24T07:36:49.078Z"
  }
}