Joby Aviation Today JOBY Joby Aviation $5.45 -0.10 (-1.80%) 52-Week Range $4.50 ▼ $7.69 Price Target $8.88 Add to Watchlist As we turn the corner into the final few weeks of the year, there are not going to be many stocks offering the kind of upside that Joby Aviation Inc NYSE: JOBY is. What's interesting is that its outlook hasn't been this bullish in a while. The California-based electric air taxi company, which boasts a market cap of $4 billion, went through a 60% sell-off earlier this year, and the stoc ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Joby Aviation lands $500M from Toyota as it races to launch flying taxis. The benchmark S&P 500 is on track to produce a whopping 20% gain for 2024, but companies developing electric vertical take-off and landing (eVTOL) aircraft have floundered. The stocks of the biggest and most visible players in this emerging field of aviation technology have averaged a return of negative 22.2% this year. This stark contrast between the broader market's performance and the struggles of eVTOL companies raises questions f ...

Joby Aviation (JOBY, Financial) saw a significant rise, with shares increasing over 24% to $5.99. Toyota (TM) announced an additional investment of $500 million into Joby Aviation, aimed at supporting the certification and commercial production of its electric air taxis. This new investment brings Toyota's total investment in Joby Aviation to $894 million. Joby Aviation, headquartered in California, focuses on developing and manufacturing electric vertical takeoff and landing (eVTOL) aircraft. The company a ...

Toyota is adding to its stake in the so-called "flying car" start-up. Toyota Motor (TM 0.73%) is upping its investment in Joby Aviation (JOBY 25.10%), providing additional capital to support the air taxi start-up's push for certification and commercial production. Investors are taking the news as a vote of confidence, sending Joby shares up 21% at the open Wednesday and up 10% as of 10:15 a.m. ET. Cash from an important partner Joby is one of several companies racing to commercialize small electric aircraft ...

Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and direct chat with Mark for questions. Learn more Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but m ...

If estimates are to be believed the global eVTOL or flying car industry holds immense potential. JPMorgan believes that by 2040, the eVTOL industry will be worth $1 trillion. Further, back in 2021, Morgan Stanley opined that the Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for ...

Joby Aviation Today | --- | --- | |---------------------|-------| | | | | | | | JOBY | | | Joby Aviation | | | $5.01 | | | +0.01 (+0.20%) | | | 52-Week Range $4.50 | | | ▼ | | | $7.69 | | | Price Target $8.83 | | Add to Watchlist Joby Aviation Inc. NYSE: JOBY designs and manufactures electric vertical take-off and landing (eVTOL) aircraft called air taxis. Joby wants to make air taxis accessible to consumers for fast, sustainable, and quiet flights. Joby wants to help commuters get over and above city traff ...

Maybe you already know that Joby Aviation (NYSE:JOBY) develops electric vertical takeoff and landing aircraft, also known as flying cars or flying taxis. However, there's more to the growth story of Joby Aviation than just manufacturing flying taxis. The company is also an innovator, and Joby Aviation stock offers investors exposure to several niche fields with high-flyer potential. Joby Aviation is a premier player in an industry that's already on a notable growth trajectory. Reportedly, the global flying ...

Matteo Colombo After the market closed on August 7th, the management team at Joby Aviation (NYSE:JOBY) announced financial results covering the second quarter of the company's 2024 fiscal year. The bright side to the results reported by management was that the company did exceed analysts' forecasts on the bottom line. By considering how significantly negative profits and cash flows are, this is not all that impressive. The fact of the matter is that the company continues to see its cash balance shrink quart ...