Should You Buy Joby Aviation While It's Under $15?

Core Viewpoint - Joby Aviation is a leading player in the electric vertical takeoff and landing (eVTOL) aircraft market, often referred to as "air taxis," but faces challenges as it remains in the pre-commercial phase without FAA type certification [1][2] Financial Performance - Joby stock has increased approximately 70% year-to-date in 2025 but has recently cooled off, trading below $15, which may present a buying opportunity for some investors [1] - The company reported a net loss of about $808 million over the last three quarters, despite having approximately $978 million in cash and equivalents at the end of the last quarter and raising an additional $576 million through an equity offering in October [3] Certification and Market Position - Joby is in the final stages of FAA type certification, which is crucial for scaling operations commercially [4] - With a market capitalization of roughly $13 billion, much of the positive outlook may already be reflected in the stock price [4] Investment Considerations - The stock is characterized by volatility and may not be suitable for conservative investors; however, aggressive investors with a long-term horizon may consider initiating a small position [5][6] - Joby Aviation was not included in a list of the top 10 stocks recommended by The Motley Fool Stock Advisor, which suggests that there may be more attractive investment opportunities available [7]