Reported 1 day ago
Joby Aviation's stock has surged over 40% in the past month and more than 130% this year, as the company advances towards FAA certification and commercial readiness for its electric vertical take-off and landing (eVTOL) aircraft. With successful demonstration flights and increasing investor confidence, Joby is seen as a leader in the rapidly growing electric air mobility sector. However, analysts are cautious with a 'Hold' rating and concerns about the company's valuation, highlighting its status as a pre-revenue firm with a reliance on future growth.
Source: YAHOO