The aerospace sector is buzzing today.
Analysts at HC Wainwright have a buy rating on the stock with a price target of $9 a share.
Joby Aviation NYSE: JOBY stock has seen more than average volatility recently, and the movement has captured investor attention. The eVTOL company's shares have fallen almost 9% in the last five trading days and have generally traded near their 50-day low for a while now.
On May 12, 2025, Joby Aviation NYSE: JOBY announced an operational achievement: it successfully flew two of its pre-production prototype aircraft simultaneously for the first time.
Joby's first dual-aircraft flight marks a key step toward commercial readiness and growing confidence in its test program.
Joby Aviation's first-quarter 2025 earnings are in line with the Zacks Consensus Estimate.
Welcome to the Green Stock News brief for Monday May 12th. Here are today's top headlines: Joby Aviation (NYSE: JOBY) has successfully flown two electric air taxis simultaneously for the first time, marking a key milestone in its flight testing program.
Joby Aviation NYSE: JOBY provided investors with a comprehensive update on its progress towards commercializing electric air taxi services during its first-quarter 2025 earnings report and conference call on May 7, 2025.
Joby Aviation, Inc. (NYSE:JOBY ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Teresa J. Thuruthiyil - Head of Investor Relations JoeBen Bevirt - Founder and Chief Executive Officer Paul Sciarra - Executive Chairman Conference Call Participants Austin Moeller - Canaccord Mahima Kakani - J.P.
Joby Aviation (NYSE: JOBY) is set to report Q1 2025 earnings after the close today, Tuesday, May 7, followed by a 5 PM ET conference call.
Joby's share price has been under pressure due to reduced investor risk appetite and a perceived lack of progress relative to Archer. The Air Force's shift away from eVTOL has also temporarily hit Joby's defense business. Joby's strong balance sheet and relationship with Toyota position it to weather any short-term headwinds.
Joby Aviation NYSE: JOBY, a frontrunner in the electric air taxi industry, announced a major technical advancement. The company initiated and completed several piloted flights demonstrating a full transition between vertical takeoff, wing-borne cruise, and vertical landing.