Core Viewpoint - The electric vertical takeoff and landing (eVTOL) market presents significant upside potential, particularly for Joby Aviation, but it also carries substantial risks that need to be addressed before investment decisions are made [1]. Company Overview - Joby Aviation aims to create a vertically integrated transportation services company, focusing on making, owning, and operating its aircraft, unlike Archer Aviation, which plans to sell eVTOL aircraft to third parties [2]. - Joby Aviation's current market capitalization is $9.6 billion, with a current stock price of $10.57, and it has experienced a gross margin of -11490.90% [3]. Certification and Technology - Joby is leading in the certification process, developing its own technology and components, while Archer relies on established companies for technology [4]. - Joby is in the final stage of FAA certification, where pilots test the aircraft, but there is no guarantee of receiving approval [5]. Financial Considerations - Joby needs to invest significantly in manufacturing capacity, vertiports, and operational fleet development before generating revenue from air taxis [7]. - Wall Street consensus suggests that Joby will need to raise cash in 2026, likely through equity, as it is projected to burn through $646 million in 2026, starting the year with only $710 million in net cash [8][9]. Competitive Landscape - Joby faces long-term threats from Boeing's subsidiary, Wisk, which is developing autonomous eVTOLs that could undercut Joby on pricing due to not requiring a pilot [10]. - Despite the risks, Joby has strong partnerships with Delta Air Lines, Uber, and Toyota, which enhance its manufacturing capabilities and market position [11]. Future Outlook - Joby is likely to have a first-mover advantage over Wisk, as autonomous eVTOLs face greater technical, regulatory, and cost challenges [12]. - The vertically integrated business model of Joby presents significant upside potential, despite the inherent risks [12].

Company Overview - Joby Aviation is currently valued at $9.4 billion with revenues of $23 million and is trading at $11.14 [2] - The company has experienced a remarkable revenue growth of 1934.5% over the last 12 months, although it has an operating margin of -2926.6% [2] Financial Metrics - Joby Aviation has a Debt to Equity ratio of 0.0 and a Cash to Assets ratio of 0.72, indicating a strong liquidity position [2] - The stock is trading at a Price-to-Sales (P/S) multiple of 419, which reflects its high valuation relative to revenue [8] Market Performance - Joby stock has seen a significant decline of 79.7% from a high of $15.70 on February 16, 2021, to $3.18 on December 27, 2022, while the S&P 500 experienced a peak-to-trough decline of 25.4% during the same period [9] - Despite the previous decline, Joby stock rebounded to its pre-crisis high by July 16, 2025, and reached a peak of $20.39 on August 4, 2025, before currently trading at $11.14 [9] Resilience Analysis - Joby stock has shown slightly better performance than the S&P 500 during recent economic downturns, evaluated based on the extent of the stock's fall and the speed of its recovery [4] - If Joby stock were to drop another 20-30% to $8, the resilience of the stock would be a key consideration for investors [4]

The Joby Aviation stock price nosedived and reached to a low of $11, its lowest level since July last year. It has plunged by nearly 50% from its highest level in 2025, meaning that the market capital... ...

We recently published 10 Stock Titans With Massive Losses. Joby Aviation Inc. (NYSE:JOBY) was one of the worst performers on Thursday. Joby Aviation declined by 16.68 percent on Thursday to close at $11.14 apiece as investors digested the potential dilution of existing shares following plans to raise  $1.38 billion in fresh funds from the issuance of convertible senior notes and new stocks. In a statement, Joby Aviation Inc. (NYSE:JOBY) said that it plans to offer $690 million from the issuance of conver ...

Joby Aviation (NYSE:JOBY), a developer of electric vertical takeoff and landing (eVTOL) aircraft for air taxi services, closed Thursday at $11.13, down 16.72%. The stock moved lower after Joby priced upsized concurrent stock and convertible note offerings around $1.2 billion. Investors are watching how the enlarged capital raise and dilution shape funding for certification and commercial launch plans. Trading volume reached 145.5 million shares, about 475% above its three-month average of 25.3 million share ...

Core Viewpoint - Joby Aviation's shares experienced a significant decline of up to 18% following the announcement of a capital raise totaling approximately $1.2 billion, which includes $600 million in convertible senior notes and nearly 53 million shares priced at $11.35, reflecting a 15% discount to the previous close [1][2]. Group 1: Capital Raise and Market Reaction - The capital raise has led to investor concerns about dilution, resulting in a sharp drop in share price, although JOBY stock remains up 130% compared to its 52-week low [2]. - The convertible notes feature a 0.75% coupon with a conversion price of about $14.19 per share, indicating management's confidence in achieving higher valuations over time [4]. - Joby Aviation had robust liquidity with approximately $978 million in cash and investments, suggesting that the capital raise was discretionary rather than an urgent need [5]. Group 2: Company Milestones and Future Prospects - Joby Aviation is committed to doubling its domestic manufacturing capacity to four aircraft per month by 2027, which is a significant milestone for the company [6]. - The company is expected to secure regulatory approval for commercial air taxi operations in the UAE later this year, indicating potential revenue generation ahead of U.S. certification timelines [7]. - Options traders anticipate that JOBY will trade at about $13.68, approximately 23% above current levels, within the next three months [7]. Group 3: Analyst Sentiment - Wall Street analysts believe that the recent pullback in JOBY stock may have been excessive, with a consensus rating of "Hold" [8]. - The mean target price for JOBY shares is approximately $12.14, suggesting a potential upside of about 10% from current levels [9].

Why Joby Aviation Stock Is Plunging - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Why Joby Aviation Stock Is PlungingBy [Al Root]ShareResize---ReprintsIn this article[JOBY][SPX][DJIA]Joby is aiming to sell electric air taxis and analysts ...

Was it really just three weeks ago that I warned investors that Joby Aviation (NYSE: JOBY), the former SPAC IPO air taxi company with zero profits and zero free cash flow, was "likely [to] run out of cash and need to sell more stock (diluting its shareholders in the process)"? And that when that happened, it "won't be good news for the stock price?" Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See ...

Group 1 - Joby Aviation is a leader in the development of electric vertical takeoff and landing (eVTOL) aircraft aimed at urban air mobility [1]

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Serina Therapeutics, Inc. (SER) increased by 52% to $4.13 - Digital Currency X Technology Inc. (DCX) rose by 37% to $4.21 - Virtuix Holdings Inc. Class A Common Stock (VTIX) gained 31% to $14.00 - Venu Holding Corporation (VENU) saw a 25% increase to $6.45 - TRX Gold Corporation (TRX) was up 18% to $2.29 - Korro Bio, Inc. (KRRO) increased by 17% to $13.69 - Check-Cap Ltd. (MBAI) rose by 15% to $2.40 - Namib Minerals (NAMM) gained 14% to $7.35 - Austin Gold Corp. (AUST) increased by 11% to $2.84 - SuperX AI Technology Limited (SUPX) was up 9% to $19.12 [3] Premarket Losers - Inuvo, Inc. (INUV) decreased by 26% to $2.42 - Comstock Inc. (LODE) fell by 16% to $2.95 - Joby Aviation, Inc. (JOBY) dropped 14% to $11.40 - ENvue Medical, Inc. (FEED) declined by 12% to $2.02 - Whirlpool Corporation (WHR) was down 10% to $72.25 - USA Rare Earth, Inc. (USAR) decreased by 10% to $22.66 - ServiceNow, Inc. (NOW) fell by 9% to $117.41 - Pinnacle Food Group Limited (PFAI) dropped 9% to $2.15 - BiomX Inc. (PHGE) decreased by 8% to $5.91 - Vyome Holdings, Inc. (HIND) was down 8% to $2.32 [4]