Joby Aviation is a leader in eVTOL certification, though it faces notable risks related to its business model and funding. Future dilution is likely due to high cash burn and upcoming capital needs.
JOBY stock has declined by 16.7% in a single day. This recent decline is driven by apprehensions around Joby's enlarged capital raise and the potential for dilution, yet significant drops like this frequently prompt a more challenging question: is this weakness a short-term issue, or does it indicate more serious problems in the fundamentals?
Joby Aviation ( NYSE:JOBY ) leads in developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility.
Joby Aviation remains a speculative investment as commercialization timelines and regulatory hurdles persist. I highlight the company's progress in certification and partnerships but caution that significant revenue generation may still be years away. Valuation appears stretched given the pre-revenue status and ongoing cash burn, warranting a cautious stance.
JOBY plans to double aircraft output by 2027 after buying a 700,000-square-foot Dayton facility, expanding Ohio operations and near-term capacity.
Joby bought a 700,000-square-foot manufacturing facility in Ohio as it looks to meet future flying air taxi demand. This is Joby's third manufacturing facility and more than doubles the size of its footprint as it looks to double production to four aircraft a month by 2027.
Joby surged +12% on substantial volume, driven by a new collaboration with Metropolis to create 25 vertiports and intentions to double manufacturing capacity. This change marked a significant and forceful rise from the opening, indicating a powerful blend of retail momentum and institutional accumulation.
JOBY teams up with Metropolis to build 25 U.S. vertiports, adding AI recognition and baggage services as it readies near-term air taxi launches.
JOBY plans to double U.S. production capacity as demand for electric air taxis and federal support take flight.
JOBY has surged 82.5% in a year as it nears eVTOL commercialization, but premium valuation, ongoing losses and weak technical signals raise concerns.
Joby wraps up more than 850 global test flights in 2025 as it accelerates toward FAA certification and commercial air taxi launch.
Joby Aviation has seen selling pressure subside considerably, with buyers supporting shares above the $12 level and maintaining upward momentum. JOBY's Q3 earnings and progress toward FAA certification have shifted market focus to commercialization milestones and a potentially enterprising 2026. With $978 million in cash and cash burn guidance of $500 million–$540 million, JOBY is solidly funded through 2026, redirecting attention from near-term liquidity risks.