JOBY Stock Recent News

Joby Aviation exceeded analysts' expectations on the bottom line in the second quarter of 2024 fiscal year. The company saw improvements in revenue and earnings, but profitability metrics worsened, and its cash balance continues to shrink. Joby Aviation is making progress towards its objectives, but faces challenges in scaling and generating significant cash flow for even a fair valuation.

Joby Aviation, Inc. (NYSE:JOBY ) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Teresa Thuruthiyil - Head of IR JoeBen Bevirt - Founder and CEO Didier Papadopoulos - President, Aircraft OEM Matt Field - CFO Paul Sciarra - Executive Chairman Conference Call Participants Andres Sheppard - Cantor Fitzgerald Bill Peterson - JPMorgan Austin Moeller - Canaccord Genuity Savanthi Syth - Raymond James David Zazula - Barclays Operator Greetings, and welcome to Joby Aviation's Second Quarter 2024 Conference Call and Webcast. At this time, all participants are in a listen-only mode.

Joby Aviation, Inc. (JOBY) came out with a quarterly loss of $0.18 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.17 per share a year ago.

Joby Aviation Inc. JOBY stock is catching the market's attention with a 3.64% rise by 2:30 p.m. ET and was trading at $5.14 per share at last check Tuesday.

Electric air taxi maker Joby Aviation said on Tuesday the it has formally applied for its aircraft to be certified for use in Australia.

Electric vertical takeoff and landing aircraft (eVTOL) maker Joby Aviation (NYSE: JOBY ) should be on your radar. As it begins to rapidly advance toward receiving Type Certification from the Federal Aviation Administration, shares of the eVTOL leader will soon be going vertical.

There is a bull case for Joby Aviation NYSE: JOBY that has nothing to do with the June CPI report, but that report made it stronger. The case is stronger because the CPI was cooler than expected, affirming the outlook for interest rate cuts.

Electric vertical takeoff and landing (eVTOL) aircraft manufacturer Joby Aviation (NYSE: JOBY ) gained altitude recently after obtaining a new certification from the Federal Aviation Administration (FAA). It moves the eVTOL leader one step closer to its goal of commercializing its business next year.

Joby plans to manufacture, own, and operate its eVTOL aircraft. The company has the highest market cap and second-longest cash runway among top eVTOL stocks.

Investors are pouring money into flying car stocks, one of the hottest investment trends over the last couple of years. The flying car industry is also advancing with new technologies, especially in the electric vertical take-off and landing (eVTOL) segment.