Joby Aviation, Inc. Announces Pricing of Public Offering of Common Stock
Joby Aviation, Inc. announced the pricing of its underwritten public offering of 40,000,000 shares of common stock at $5.05 per share, aiming to raise $202 million before deductions. The company plans to use the net proceeds, along with existing funds, to finance certification and manufacturing efforts, prepare for commercial operations, and for general corporate purposes. The offering is expected to close on October 28, 2024, with Morgan Stanley and Allen & Company LLC serving as joint book-running managers.
Joby Welcomes Publication of New Operating Regulations by FAA
Joby Aviation (NYSE:JOBY) announced its welcome of new operating regulations published by the Federal Aviation Administration (FAA). These Special Federal Aviation Regulations (SFAR) are crucial for integrating aircraft like Joby's electric air taxis into the U.S. aviation system, laying the groundwork for commercial passenger service upon aircraft type certification. The FAA highlighted the rules as the "final piece of the puzzle" for safely introducing these aircraft, also specifying pilot training and operational requirements.
Joby Acquires Avionyx, Established Aerospace Software Engineering Firm, to Support FAA Certification Testing
Joby Aviation, a California-based company developing all-electric aircraft, announced its acquisition of Avionyx, an aerospace software engineering firm. This acquisition aims to bolster Joby's aircraft type certification program with the FAA by integrating Avionyx's experienced team and proven track record in software verification solutions. Avionyx has been a long-term partner, having previously contracted with Joby in 2021 for software testing and verification activities for its electric vertical take-off and landing (eVTOL) aircraft.
Toyota and Joby Complete First Air Taxi Flight in Japan
Toyota and Joby Aviation have successfully completed Joby's first international exhibition flight in Japan, demonstrating their electric air taxi's low acoustic footprint. This event, held at Toyota's Higashi-Fuji Technical Center, highlights nearly seven years of collaboration and Toyota's recent additional $500 million investment in Joby to support certification and commercial production. The initiative aims to revolutionize urban and rural mobility by reducing traffic congestion and environmental impact with high-speed, zero-emission air travel.
Joby Aviation announces closing of $250M investment from Toyota
Joby Aviation announced the closing of a $250 million investment from Toyota. This significant investment from the automotive giant will further
Joby Aviation Named to Fast Company's Annual List of the World's Most Innovative Companies for 2021
Joby Aviation has been recognized by Fast Company as one of the World's Most Innovative Companies for 2021, following a decade of developing its eVTOL aircraft and completing over 1,000 test flights. The company plans to launch its commercial passenger service in 2024, leveraging partnerships with Uber and Toyota. This recognition comes as Joby prepares to merge with Reinvent Technology Partners to become publicly traded.
Joby Nears Completion of Part 135 Air Carrier Certification
Joby Aviation announced it has entered the fourth of five stages to receive its Part 135 Air Carrier Certificate from the FAA, a critical step for launching its all-electric aerial ridesharing service in 2024. This certification is necessary to operate its eVTOL aircraft as an air taxi service. The company expects to complete the certification process later this year and is working with CAE to develop flight simulation training devices for pilot training.
Joby Aviation to Report First Quarter 2023 Results
Joby Aviation, Inc. (NYSE: JOBY) announced it expects to release its first quarter 2023 financial results on Wednesday, May 3, 2023, after market close. The company will also host a webcast at 5:00 pm ET on the same day to discuss the results. Interested parties can access the webcast on the company's website or listen by phone.
Joby Stock Shows Death Cross - But Pentagon Hypersonic Deal Changes Narrative
Joby Aviation Inc (JOBY) shares have entered a long-term downtrend, confirmed by a "Death Cross" technical indicator, with the stock significantly below its 52-week high and key moving averages. This technical weakness comes despite Joby's selection for a Pentagon hypersonic technology development program and a partnership with L3Harris Technologies (LHX) for defense applications. The company is also expanding its manufacturing capabilities, aiming to increase aircraft production.
Joby Completes Second Stage of Certification Process
Joby Aviation, a California-based company developing all-electric aircraft, announced it has completed the second of five stages required by the FAA to certify its eVTOL aircraft for commercial passenger use. The company stated that 94% of its Means of Compliance have been accepted by the FAA, moving it closer to its goal of launching commercial passenger service by 2025. Joby believes it is the first eVTOL company to reach this milestone, having also completed stage one and had its Certification Basis published.
Joby Aviation to Report First Quarter 2022 Results
Joby Aviation, Inc. announced it would release its first-quarter 2022 earnings results on Thursday, May 12, 2022, after market close. Management was scheduled to discuss the results on a conference call at 5:00 pm ET. The webcast was made available on the company's website, and a replay was accessible until May 26, 2022.
Joby Rolls Third Aircraft Off Production Line, Reports Second Quarter 2024 Financial Results
Joby Aviation announced it rolled its third production prototype aircraft off the assembly line and expects four aircraft in active flight test next quarter. The company also reported its Q2 2024 financial results, highlighting progress in certification, international expansion with Saudi Aramco, and maintaining a strong balance sheet with $825 million in cash. A webcast to discuss these results is scheduled for August 7, 2024.
Joby Aviation to Report First Quarter 2024 Financial Results
Joby Aviation, Inc. announced it will release its first quarter 2024 financial results after market close on Tuesday, May 7, 2024. The company will also host a webcast at 5:00 pm ET on the same day, which will be accessible via their website. A replay of the webcast will be available following the event.
ANA Holdings and Joby Aviation Selected to Operate Electric Air Taxi Flights at Expo 2025 Osaka, Kansai, Japan
ANA Holdings and Joby Aviation have been chosen to operate demonstration electric air taxi flights at Expo 2025 in Osaka, Kansai, Japan. This partnership, initiated in February 2022, aims to develop flight connections between the Expo venue and other Osaka locations, showcasing the revolutionary transportation technology to an expected 28 million visitors. Joby Aviation, developer of an electric vertical takeoff and landing aircraft, is also pursuing certification for its aircraft in Japan.
Joby Aviation to Report Second Quarter 2023 Financial Results
Joby Aviation, Inc. announced that it plans to release its second quarter 2023 financial results after market close on Wednesday, August 2, 2023. The company will also host a webcast at 5:00 pm ET on the same day, which will be publicly available on its website. A replay of the webcast will be accessible following the event.
Joby Aviation to Report Second Quarter 2022 Results
Joby Aviation announced it would release its second-quarter 2022 earnings results on Thursday, August 11, 2022, after market close, with a webcast at 5:30 pm ET. The webcast will be available on the company's website, and a replay will also be provided. The company, which is developing all-electric aircraft for commercial passenger service, also provided information about its future outlook and risks.
Joby Becomes First eVTOL Company to Submit Area-Specific Certification Plan
Joby Aviation (NYSE: JOBY) has become the first eVTOL company to submit an area-specific certification plan to the FAA, a significant step toward type certification for its electric vertical take-off and landing aircraft. This plan focuses on cabin safety, demonstrating compliance with rigorous FAA standards for materials, seats, and restraints. With two-thirds of its means of compliance already agreed upon with the FAA, Joby aims to launch its aerial ridesharing service in 2024.
Joby to Present “Pre-Flight Checklist: An Introduction to Joby Air Taxi Operations”
Joby Aviation (NYSE:JOBY) announced it will host a virtual presentation on June 20, 2024, to discuss its preparations for commercial air taxi operations. Executives will detail the company's efforts to meet regulatory and operational requirements for a safe and efficient on-demand electric air taxi service. The presentation, followed by a Q&A, will be accessible via Joby’s investor relations website.
Joby Marks Production Launch, Receives Permit to Fly First Aircraft Built on Production Line
Joby Aviation announced it received a Special Airworthiness Certificate from the Federal Aviation Administration for the first aircraft built at its Pilot Production Line in Marina, California. This certificate allows Joby to begin flight testing of this production prototype. The aircraft is slated to be the first eVTOL delivered to a customer, heading to Edwards Air Force Base in 2024 for the Company’s Agility Prime contract with the U.S. Air Force, valued at up to $131 million.
Joby Applies for Aircraft Certification in Australia
Joby Aviation, a developer of electric air taxis, has formally applied for its aircraft to be certified for use in Australia by the Civil Aviation Safety Authority (CASA). This application leverages a bilateral agreement between the FAA and CASA, paving the way for the introduction of quiet, emissions-free air taxis in the country. The company has also applied for validation of its FAA type certificate in Japan and the UK, demonstrating a global strategy for commercial operations.
Joby Aviation Pivots to High-Stakes Medical Logistics: A Strategic Gamble to De-Risk the Future of Flight
Joby Aviation is strategically shifting its focus to high-value medical logistics, particularly the rapid transport of human organs and emergency medical supplies, to accelerate revenue generation and de-risk its path to full commercial passenger service. This pivot is marked by a landmark partnership with Strata Critical Medical and entry into the Ohio eVTOL Integration Pilot Program, allowing the company to demonstrate its aircraft's safety and utility in critical applications while navigating FAA certification. The move has stabilized investor confidence after a significant capital raise, positioning Joby as a leader in the "logistics-first" trend within the eVTOL market.
Joby Aviation: chief legal officer Dehoff sells $84k in shares
Joby Aviation's Chief Legal Officer, Kate Dehoff, sold 8,539 shares of common stock for approximately $84,365 to cover taxes related to Restricted Stock Units. Dehoff also exercised options on 19,047 shares. This news comes as Joby Aviation successfully priced public offerings worth $1.2 billion and plans to acquire a new manufacturing facility to double production capacity.
Bevirt JoeBen, CEO of Joby Aviation, sells $5.8m in stock
JoeBen Bevirt, CEO of Joby Aviation, has sold approximately $5.8 million worth of company stock through multiple transactions under a pre-arranged 10b5-1 trading plan. These sales occurred in mid-February 2026, alongside an acquisition of shares through the exercise of restricted stock units. In other news, Joby Aviation recently raised about $1.2 billion through public offerings and acquired a new manufacturing facility in Dayton, Ohio, to double production capacity by 2027.
Toyota gears up for bigger role at air taxi maker Joby
Toyota is increasing its involvement with air taxi manufacturer Joby Aviation, aiming to protect its nearly $1 billion investment. The Japanese automaker, now Joby's largest shareholder, has a team of almost 200 employees assisting with production processes, supplying parts, and implementing the Toyota Production System to improve efficiency. This collaboration is designed to help Joby scale up production and streamline its manufacturing operations.
Caprock Group LLC Takes $2.01 Million Position in Joby Aviation, Inc. $JOBY
Caprock Group LLC has acquired a new stake of 124,661 shares in Joby Aviation, Inc., valued at approximately $2.01 million during the third quarter. This investment comes amidst significant insider selling, with CEO Joeben Bevirt and other insiders selling shares worth millions in recent months. Analyst sentiment remains cautious, with a consensus "Reduce" rating and the stock trading below its 50-day and 200-day moving averages.
Is Nvidia Set to Help Joby Aviation Become the Tesla of the Skies?
Joby Aviation is collaborating with Nvidia to develop autonomous flight capabilities for its electric vertical take-off and landing (eVTOL) aircraft, aiming to become the "Tesla of the Skies." This partnership leverages Nvidia's IGX Thor Platform for Joby's Superpilot technology, focusing on a staged approach from piloted aircraft with digital copilots to fully autonomous military and eventually civil applications. This strategy allows Joby to manage risk, gain a first-mover advantage, and gather crucial flight data as it seeks to differentiate itself from competitors like Archer Aviation and Boeing's Wisk, which have different approaches to the eVTOL market.
Our 2024 Impact Report: Soaring Toward a Sustainable, Connected Future
Joby Aviation has released its 2024 Impact Report, detailing significant progress across safety, environment, people & community, and corporate governance. The report highlights achievements such as a 34% reduction in employee incident rates, a 19% increase in renewable electricity procurement, and the training of 64 local community members through an expanded apprenticeship program. Joby is committed to redefining flight with a focus on clean, quiet, and accessible urban air mobility.
With 34% Ownership of the Shares, Joby Aviation, Inc. (NYSE:JOBY) Is Heavily Dominated by Institutional Owners
Joby Aviation, Inc. (NYSE:JOBY) is significantly influenced by institutional investors who own 34% of the company's shares, making the stock price sensitive to their trading activities. The top 10 shareholders collectively own more than half of the company, with Toyota Motor Corporation being the largest single shareholder. Insiders also hold a substantial stake of US$1.6 billion, indicating alignment with shareholder interests despite recent insider selling.
Daily 5 report for Feb. 13: What’s it like to pilot an air taxi? Our intrepid reporter finds out
This article details an intrepid reporter's virtual experience piloting Joby's air taxi in a flight simulator. The reporter found the experience intuitive, suggesting that many people could learn to pilot it. The piece is part of a "Daily 5 report" and includes other automotive news like EV market shifts and dealership buy-sell updates.
Flying taxis take flight with $900 million boost from Toyota
Toyota has invested $900 million in Joby Aviation, a company developing flying taxis. This boost helps Joby Aviation in its efforts to build carbon fiber components for these air taxis. The article highlights the collaboration between Toyota and Joby Aviation, with Toyota assisting in designing Joby's "Training Dojo" for workers.
I flew a Joby air taxi virtually. It was so intuitive, you probably could too
A reporter for Automotive News virtually flew a Joby air taxi and found it to be surprisingly intuitive and easy to operate. This experience suggests that the general public could likely operate such a vehicle with minimal training. Toyota has previously invested $900 million into Joby Aviation, indicating a significant interest in the future of flying taxis.
Preparing Joby for the Next Golden Age of Aviation
Joby Aviation aims to rekindle the optimism of the Jet Age by reimagining flight through its electric aircraft, focusing on integrating the wonder of flight into daily routines. The brand emphasizes an approachable visual language, a custom typeface (Joby Sans), and a color palette inspired by the sky and California light, all designed to make future air travel accessible and human-centric. As the company prepares to welcome its first passengers, it envisions a new era of connected, electric flight that prioritizes people and places.
Joby Aviation to Report Fourth Quarter and Full Year 2025 Financial Results
Joby Aviation, Inc. announced it will release its fourth quarter and full year 2025 financial results after market close on Wednesday, February 25, 2026. The company will host a webcast at 5:00 pm ET on the same day, accessible via their website, to discuss the results. Joby Aviation is developing electric air taxis for commercial passenger service.
Time to Buy the Dip on Joby Aviation Stock?
Joby Aviation is developing electric air taxis and is spending billions on certification and manufacturing, with a current market value of $10 billion but generating minimal revenue. Despite a recent fall in stock price, the article suggests it's not a good time to buy the dip due to heavy cash burn, potential shareholder dilution, and limited revenue potential from its projected manufacturing output. The company recently raised over $1 billion in convertible bonds and common stock to fund its operations.
Joby Aviation to Report Fourth Quarter and Full Year 2025 Financial Results
Joby Aviation, Inc. announced it will release its fourth quarter and full year 2025 financial results after market close on Wednesday, February 25, 2026. The company will host a webcast at 5:00 pm ET on the same day to discuss the results. The webcast will be available on Joby Aviation's website, with phone dial-in options also provided.
Insider Selling: Joby Aviation (NYSE:JOBY) Insider Sells 16,235 Shares of Stock
Joby Aviation insider Kate Dehoff recently sold 16,235 shares of the company's stock, reducing her ownership by nearly 10%. This sale, along with other significant insider sales including CEO Joeben Bevirt, contributes to a negative sentiment around the stock. Additionally, rising short interest and a "Reduce" rating from MarketBeat are putting further downward pressure on Joby Aviation ahead of its Q4 and full-year 2025 earnings report.
Joby Aviation to Report Fourth Quarter and Full Year 2025 Financial Results
Joby Aviation, Inc. announced that it will release its fourth quarter and full year 2025 financial results after market close on Wednesday, February 25, 2026. The company will also host a webcast at 5:00 pm ET on the same day to discuss the results. Joby Aviation is a California-based company developing all-electric vertical take-off and landing air taxis for commercial passenger service.
Joby Aviation (NYSE:JOBY) Shares Down 1.4% - Here's Why
Joby Aviation (NYSE:JOBY) saw its shares decrease by 1.4% during mid-day trading, closing at $10.0860 on volumes 33% lower than average. Analyst sentiment around the company is mixed to negative, with an average rating of "Reduce" and an average price target of $13.21, including a recent "sell" initiation from Goldman Sachs. Insiders have sold a significant number of shares, yet still retain a 32.4% ownership stake, while institutional investors have been actively adjusting their positions.
Fourth Quarter 2025 Financial Results Conference Call
Joby Aviation, Inc. announced a conference call for its fourth quarter 2025 financial results. The event is scheduled for February 25, 2026, at 5:00 pm EST and will feature an audio webcast. Investors can access details and other relevant information through the company's investor relations portal.
Joby Aviation to Report Fourth Quarter and Full Year 2025 Financial Results
Joby Aviation, Inc. (NYSE: JOBY) announced it will release its fourth quarter and full year 2025 financial results after market close on Wednesday, February 25, 2026. The company will host a public webcast at 5:00 pm ET on the same day to discuss the results, with a replay available afterward on its website. Joby Aviation is developing electric air taxis for commercial passenger service.
Joby Aviation to Report Fourth Quarter and Full Year 2025 Financial Results
Joby Aviation, Inc. announced it will release its fourth quarter and full year 2025 financial results after market close on Wednesday, February 25, 2026. The company will also host a webcast at 5:00 pm ET on the same day to discuss the results. Joby Aviation is developing electric air taxis for commercial passenger service and intends to operate these services globally while also selling aircraft to other operators.
Joby Aviation Nears Critical FAA Certification and Dubai Launch
Joby Aviation is advancing towards critical FAA certification, which is expected to bolster its competitive stance in the urban air mobility sector. Concurrently, the company plans to launch its electric vertical takeoff and landing (eVTOL) aircraft in Dubai, opening the Middle Eastern market and potentially attracting significant investor interest. These strategic moves are anticipated to deliver substantial returns for long-term investors by reshaping urban mobility and fostering new growth opportunities within the industry.
Joby Aviation Expands with Strategic Facility Acquisition in Ohio
Joby Aviation has announced the acquisition of a new production facility in Dayton, Ohio, aiming to double its aircraft output by 2027. This expansion, coupled with a $600M convertible note and a $600M stock offering, is intended to bolster manufacturing capabilities and fund certification efforts for their eVTOL aircraft. Cathie Wood’s ARK Investment's purchase of 781,500 shares also signals strong investor confidence in the company's strategic direction and future initiatives in electric air mobility.
Joby Aviation, Inc. (NYSE:JOBY) Receives Consensus Rating of "Reduce" from Brokerages
Joby Aviation, Inc. (NYSE:JOBY) has received a consensus "Reduce" rating from nine brokerages, with an average 12-month price target of $13.21. The company's insiders have sold shares worth approximately $4.14 million recently, including CEO Joeben Bevirt. Joby Aviation reported a quarterly EPS loss of $0.48, missing estimates, and forecasts a full-year EPS of -0.69.
Joby Aviation’s Stock Faces Turmoil After Convertible Notes Announcement
Joby Aviation's stock experienced a significant decline of 18.1% and traded down by 3.45% after the company announced the pricing for upsized convertible notes and equity offerings. This move, intended to raise funds for projects like aircraft certification, led to investor caution due to fears of dilution and execution risks. The article highlights market volatility and the need for Joby Aviation to demonstrate optimal execution and transparent communication to regain investor confidence.
Joby Aviation, Inc. - Equity Warrant (JOBY.WS) Price Target Decreased by 28.75% to 3.05
The average one-year price target for Joby Aviation, Inc. - Equity Warrant (JOBY.WS) has been reduced by 28.75% to $3.05 per share from its previous estimate of $4.28. This new target represents a 19.01% increase from the latest closing price of $2.56. The article also notes a decrease in institutional ownership over the last quarter, although some individual firms like LMR Partners LLP and Aristeia Capital increased their holdings.
Cathie Wood Keeps Buying Joby Aviation Stock. Should You?
Cathie Wood's ARK Invest funds recently purchased 780,000 shares of Joby Aviation after a stock pull-back caused by a $1.2 billion capital raise. While this reflects ARK's strategy of investing in high-conviction innovation bets on weakness, analysts warn that Joby Aviation's current $10 billion valuation already bakes in highly optimistic assumptions about FAA certification and market adoption. The company is generating minimal revenue but has a strong balance sheet and is making technical progress, though its path to market remains dependent on hitting key milestones.
Joby Aviation stock price target lowered to $15.50 by Canaccord Genuity
Canaccord Genuity has lowered its price target for Joby Aviation (NYSE:JOBY) to $15.50 from $17.00, while maintaining a Hold rating. The company recently completed equity and convertible debt offerings, raising $1.29 billion, significantly improving its liquidity to approximately $2.8 billion and providing a multi-year cash runway for certification and manufacturing efforts. Despite a recent 21.6% stock drop, Joby holds more cash than debt, though profitability is not expected this year.
Mutual Advisors LLC Invests $2.26 Million in Joby Aviation, Inc. $JOBY
Mutual Advisors LLC has acquired a new stake of $2.26 million in Joby Aviation, Inc., purchasing 144,428 shares in the third quarter. Despite this institutional investment, the company has seen significant insider selling, with CEO Joeben Bevirt and other insiders selling over 289,000 shares worth approximately $4.05 million in the last 90 days. Joby Aviation, which has a market capitalization of $9.58 billion and a 52-week range of $4.96-$20.95, currently holds an average analyst rating of "Reduce" with a target price of $13.43.
Joby Aviation Faces Funding and Competition Risks
Joby Aviation faces significant funding challenges, with a projected cash burn of $646 million in 2026 necessitating equity raises that could dilute shareholders. The company also confronts competitive threats from Boeing's Wisk, which plans to launch autonomous eVTOLs, potentially impacting Joby's pricing and market share. Despite these risks, Joby is progressing well in FAA certification and benefits from strategic partnerships, offering potential market opportunities in the air taxi sector.
