JOBY Stock Recent News

Shares of Joby Aviation (JOBY -8.22%) soared as much as 26.8% this week, according to data from S&P Global Market Intelligence. The air taxi start-up is currently up 17.6% this week as of 3:47 p.m.

The funding aims to accelerate certification and commercial production of JOBY's electric air taxi.

Joby leads Archer in certification, manufacturing, hybrid drive train, and autonomy, making it the clear operational frontrunner in the eVTOL sector. Archer's recent share price outperformance is unjustified given its lagging progress, lack of piloted flights, and rollback of certification timelines. Joby has robust manufacturing partnerships, global route plans, and sufficient cash runway, while Archer faces dilution and uncertainty in execution.

Joby Aviation, Inc.'s recent 20% rally is driven by a $250M investment from Toyota, strengthening its financial position and manufacturing capabilities. Despite no current revenues and ongoing losses, Joby is well-capitalized and progressing toward FAA certification and commercial milestones. The eVTOL and urban air mobility markets have significant growth potential, but regulatory hurdles and competition remain key risks.

Joby Aviation Inc (NYSE:JOBY) shares surged almost 30% after it closed a $250 million investment from Toyota Motor Corporation. The investment, the first tranche of a previously announced $500 million strategic investment, will support the certification and commercial production of Joby's electric air taxi.

Flying cars – technically, electric vertical takeoff and landing vehicles, or eVTOLs – are inching closer to liftoff. But for investors in names like Joby Aviation Inc JOBY and Archer Aviation Inc ACHR, JPMorgan's latest insight is clear: the long-term runway looks promising, but near-term turbulence is hard to avoid.

Shares of Joby Aviation (JOBY 28.63%) are flying higher on Wednesday. The company's stock spiked 30.2% as of 2:21 p.m.

Joby Aviation (JOBY) rallied 30% today after closing a quarter-billion-dollar deal with Toyota. It's a big price tag to help the company fly toward profitability, though George Tsilis believes it has a long runway before that happens.

The aerospace sector is buzzing today.

Live Updates Live Coverage Updates appear automatically as they are published. Great Expectations 12:38 pm by Gerelyn Terzo A cautious tone persists in today’s trading, with the three major stock market averages slightly in the red. Nvidia (Nasdaq: NVDA) shares are up 0.33% ahead of its highly anticipated quarterly earnings report expected after the closing bell. The prevailing sentiment is that Nvidia will once again exceed expectations and upgrade its guidance due to strong AI and chip demand. Yet, concerns linger regarding a potential write-down linked to China revenues, even with overall strong demand. The SPY ETF is lower by 0.16%. Consumer Spending on Deck 10:49 am by Gerelyn Terzo The markets will receive greater insight on the resilience of the consumer this week. Personal Income and Spending data for April is due out on Friday. This data follows a period of robust consumer spending observed in March. Economists at Wells Fargo anticipate a 0.3% increase in personal income