JOBY Stock Recent News

Imagine soaring above the bustling streets of a city, gliding through the sky to your destination. This innovative mode of transportation, known as eVTOL (electric vertical take-off and landing), has the potential to revolutionize urban mobility.

The transportation market has been dominated by old forms of transportation -- planes, trains, and automobiles -- for decades. Few new technologies have successfully entered the sector.

Joby Aviation is set to post Q4 results next week. Here, we assess factors that are likely to have influenced it and how investors should play this stock now.

Electric Vertical Take-Off and Landing (eVTOL) stocks have done well in the last 12 months as investors anticipate their certification and cheer their fundraising from top blue-chip companies. Archer Aviation stock price has soared by 100%, while Joby Aviation is up by about 20%.

The future of electric vertical takeoff and landing (eVTOL) aircraft is still on the runway, with investors eyeing FAA approvals, cash burn, and market feasibility.

SANTA CRUZ, Calif.--(BUSINESS WIRE)--Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today announced that it expects to release its fourth quarter and full year 2024 financial results after market close on Wednesday, February 26, 2025, and to host a webcast at 5:00 pm ET the same day. The webcast will be publicly available in the Upcoming Events section of the company website, www.jobyaviation.com. If unable to attend the webcast, to.

Joby Aviation stock price has remained in a deep bear market, falling by over 20% from its highest level this year. It crashed to a low of $7.8 on Tuesday and is hovering near its lowest level since December 24.

Over the last several years, companies including Tesla, Rivian Automotive, and Nio were essentially synonymous with the term "electric vehicles." Each of these companies manufacture electric automobiles, which until recently were the primary form of transportation employing battery technology.

Joby Aviation (JOBY -6.05%), a developer of electric vertical takeoff and landing (eVTOL) aircraft, went public by merging with a special purpose acquisition company on Aug. 10, 2021. Its stock opened at $10.62 on the first day, but it only trades at around $9 as of this writing.

Looking at the stock charts of Joby Aviation (JOBY -6.05%) and Archer Aviation (ACHR -8.12%), you might think electric vertical takeoff and landing (eVTOL) vehicles are the next big thing.