25 Reasons to Buy Joby Aviation Stock for 2026

Core Viewpoint - Joby Aviation is making significant strides in the urban air mobility sector, with a focus on developing electric vertical takeoff and landing (eVTOL) aircraft and the necessary infrastructure to support commercial air taxi services [2][4][5]. Company Overview - Founded in 2009 and headquartered in Santa Cruz, California, Joby Aviation is focused on creating sustainable air transportation through eVTOL aircraft [2]. - The company has a market capitalization of nearly $13 billion and operates a vertically integrated model that includes aircraft engineering, flight testing, pilot training, manufacturing, and regulatory certification [2]. Stock Performance - Joby’s stock has experienced significant volatility, reaching a 52-week low of $4.96 in April and peaking at $20.95 in August, before retracting approximately one-third of its gains [1]. - Despite fluctuations, the stock is up 186.7% from its low and has a year-to-date increase of 74.91%, indicating strong investor interest [1]. Recent Developments - Joby reported mixed Q3 results for 2025, with a loss of $0.48 per share, more than double the loss from the previous year, but revenue surged to $22.6 million from $0.03 million year-over-year [8][9]. - The increase in revenue was largely attributed to the acquisition of Blade's passenger business, which facilitated the transportation of approximately 40,000 passengers during the quarter [9]. Financial Position - Total operating expenses rose by 30.3% year-over-year, driven by increases in research and development and selling, general, and administrative expenses [10]. - Joby ended the quarter with cash and cash equivalents of $208.4 million and raised approximately $576 million through an equity offering in October, which is expected to fund certification milestones and manufacturing scale-up [11]. Strategic Partnerships - Joby has partnered with Metropolis Technologies to develop 25 vertiports across North America, leveraging existing mobility hubs to accelerate deployment [4][15]. - The partnership aims to streamline passenger flow and meet safety standards, enhancing the infrastructure necessary for urban air mobility [16]. Market Outlook - Analysts remain cautious about Joby’s path to profitability, projecting losses to deepen in the near term but expect a narrowing of losses in the following year [17]. - The consensus rating for Joby’s stock is "Hold," with a potential upside of 54.7% from the current price target [18].