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The robotaxi revolution is almost upon us and Joby Aviation (NYSE: JOBY ) is ready to lead the charge. With the launch of its robotaxi operations scheduled for next year, this could be when Joby Aviation stock is ready to go airborne.
Joby Aviation (NYSE: JOBY), a leading developer of eVTOL aircraft, has successfully concluded its pre-production flight tests. The company is now directing its attention towards the next phase, where Joby will utilize its production prototype aircraft to prepare for upcoming flight testing.
It's earnings season, and hundreds of companies are slated to report results over the next few weeks. One such company investors are increasingly paying close attention to is electric vertical takeoff and landing (eVTOL) firm Joby Aviation (NYSE: JOBY ).
Electric cars have taken over the cultural zeitgeist the past several years, thanks to famous manufacturers like Tesla (NASDAQ: TSLA ). However, now might be time for investors to look for the next big thing.
Joby has the potential to become the “Uber” of the eVTOL industry, thanks to its first mover advantage in the industry. Joby's vertically integrated business model could allow it to benefit from the growth of the eVTOL industry by selling systems and components to future industry players. Joby's Part 145 Certificate will be cost-efficient when its aircraft require maintenance in the future.
Joby Aviation (NYSE: JOBY ) stock could be a good bet here. The company aims to revolutionize urban air mobility worldwide.
I believe that equity markets are at a point where small-cap and penny stocks can go ballistic. The assumption of multiple rate cuts in the next 12 to 18 months backs this general view.
Are you surprised that Joby Aviation (NYSE: JOBY ) stock still trades far below $10? Don't be, as the electric vertical takeoff and landing vehicle market is still in its infancy.
Joby Aviation, Inc. (JOBY) reachead $5.42 at the closing of the latest trading day, reflecting a +0.93% change compared to its last close.
In the electric vertical takeoff and landing (eVTOL) world, Joby Aviation (NYSE: JOBY ) stock remains a top stock I think long-term investors should focus on. Based in California, Joby aims to create scalable eVTOLs for short-distance passenger and cargo transport.