Is Joby poised to be the early winner in the flying taxi market? One high-profile financial firm thinks so.Joby Aviation (JOBY 12.83%) stock posted big gains in Tuesday's trading. The flying-taxi specialist's share price ended the daily trading session up 12.8%. Meanwhile, the S&P 500 (^GSPC 0.40%)and the Nasdaq Composite (^DJI -0.28%) index closed out the day's trading up 0.4% and 0.28%, respectively.Joby's valuation climbed today after Needham initiated coverage on the stock with a buy rating and a one-ye ...

Technology has made a once-inconceivable idea a commercial reality ... almost.There's rarely a shortage of compelling stocks to buy. A millionaire-making prospect though? That's a different story.These investments require a revolutionary product or service, enormous demand-driven market growth, savvy leadership that can navigate uncharted waters others don't dare enter, and a little bit of lucky timing. Electric vehicle maker Tesla and e-commerce giant Amazon are two examples. Both have proven very rewardin ...

Those who believed that this innovative company would skyrocket into the stratosphere have been sorely disappointed so far.Taking flight with a stock shortly after it debuts on the public markets can be an endeavor fraught with risk -- something that early investors in Joby Aviation (JOBY 0.80%) could probably tell you from firsthand experience.Instead of a traditional initial public offering (IPO), Joby Aviation, a developer of electric vertical take-off and landing (eVTOL), first spread its wings on the p ...

Many electric vehicle (EV) stocks soared during the buying frenzy in growth and meme stocks in 2021. But in 2022 and 2023, many of those stocks withered as their growth cooled off and rising rates popped their bubbly valuations. The soft Chinese economy and an EV pricing war exacerbated that pressure.But with interest rates set to decline, some of those beaten-down EV stocks are starting to look like undervalued growth plays. Let's examine three of those stocks -- Nio (NIO -4.14%), Li Auto (LI -7.65%), and ...

Joby Aviation, Inc. (NYSE:JOBY) Q3 2024 Earnings Conference Call November 6, 2024 5:00 PM ET Company Participants Teresa Thuruthiyil - Head, IR JoeBen Bevirt - Founder and CEO Didier Papadopoulos - President, Aircraft OEM Eric Allison - Chief Product Officer Matt Field - CFO Paul Sciarra - Executive Chairman Conference Call Participants Austin Moeller - Canaccord Genuity Savi Syth - Raymond James Edison Yu - Deutsche Bank. Mahima Kakani - JPMorgan David Zazula - Barclays Amit Dayal - H.C. Wainwright Operato ...

Joby Aviation, Inc. (JOBY) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5%. A quarter ago, it was expected that this company would post a loss of $0.18 per share when it actually produced a loss of $0.18, delivering no surprise.Over the last four quarters, the company has surpassed consen ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.0001 JOBY New York Stock Exchange Warrants to purchase common stock JOBY WS New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _____________________________________________ FORM 10-Q _____________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarte ...

Shareholder Letter Q3 2024 JOBYAVIATION.COM IOVEMBER 6, 2024 JOBY AVIATION 7Joby Q3 2024 Highlights AT A GLANCE STRONG FINANCIAL FOUNDATION | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------- ...

Could this unloved electric aviation stock finally take off? Joby Aviation (JOBY -0.40%), a developer of electric vertical take off and landing (eVTOL) aircraft, went public by merging with a special purpose acquisition company (SPAC) on Aug. 10, 2021. The combined company's stock started trading at $10.62, ended its first day at $13.40, but now trades at about $5. Like many other SPAC-backed start-ups, Joby disappointed its early investors by missing its own pre-merger estimates by a mile. It also faced co ...

Joby Aviation (JOBY) is scheduled to release third-quarter 2024 results on Nov. 6 after market close. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. The transportation company has an encouraging surprise record. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and met once. The average beat is 9.1%. The Zacks Consensus Estimate for JOBY's soon-to-be-reported quarter earnings has widened to a loss of 20 cents per share from a loss of 19 cents per ...