Joby Stock Gains Altitude After Earnings Dip on eVTOL Air Taxi and Ryder Cup Deal
Joby Aviation’s stock has been on a turbulent yet upward journey this year, as strong growth, FAA progress, and high-profile partnerships...
Quick overview
- Joby Aviation's stock has surged 220% year-over-year, despite recent earnings volatility.
- The company has made significant progress with the FAA, clearing over half of the aircraft design approval process.
- Joby's partnership with Blade Urban Air Mobility for the 2025 Ryder Cup enhances its visibility and showcases air mobility applications.
- Analysts remain optimistic about Joby's long-term growth potential, with price targets ranging from $6 to $22.
Joby Aviation’s stock has been on a turbulent yet upward journey this year, as strong growth, FAA progress, and high-profile partnerships continue to attract investor attention despite recent earnings volatility.
Strong Gains, Followed by a Pullback
Joby Aviation (NYSE: JOBY) has seen a spectacular rise over the past year, with shares climbing 220% year-over-year and more than 105% in 2025 alone. The stock briefly surged above $20 in early August, but momentum faltered after second-quarter earnings revealed a larger-than-expected loss.
JOBY Chart Weekly – Strong Rebound Off the 20 SMA
Despite that dip, Joby rebounded sharply this past week, posting a 14% weekly gain and closing at $16.58, just under its 2021 high of $17. The all-time high of $20.39 from August 2025 remains the next major hurdle. Technicals have played a role too: the 20-week SMA has consistently provided support, with two bullish doji candlesticks signaling a reversal after September’s pullback to below $13.
FAA Progress and Industry Milestones
Founded in 2009, Joby Aviation is developing its electric vertical takeoff and landing (eVTOL) air taxi with a 100-mile range between charges. The company has cleared over half of the FAA’s demanding aircraft design approval process, a crucial step toward certification. Joby expects FAA pilots to begin test flights in 2026, moving the program closer to commercialization.
Internationally, Joby completed 21 successful test flights in Dubai this summer, where it has secured exclusive rights to operate air taxis until 2030. This global expansion underscores the company’s leadership in the race toward urban air mobility.
High-Profile Ryder Cup Partnership
Adding to its momentum, Joby’s subsidiary Blade Urban Air Mobility was named the Official Air Mobility Partner of the 2025 Ryder Cup, to be held at Bethpage Black Course in New York. Blade expects to transport around 3,000 passengers between Manhattan, nearby regions, and the golf venue during the four-day event, marking one of the largest civilian helicopter operations tied to a U.S. sporting event.
This partnership not only enhances Joby’s visibility but also demonstrates the practical applications of air mobility in major events.
Market Outlook and Analyst Sentiment
Joby’s remarkable growth has not gone unnoticed by Wall Street. With a current valuation of $12.1 billion, analysts’ price targets range widely between $6 and $22, reflecting both optimism about the company’s disruptive potential and caution around execution risks.
The stock’s resilience despite earnings setbacks suggests investors are focusing on long-term growth prospects. If FAA certification advances as planned and global partnerships continue to expand, Joby could maintain its position as one of the most promising players in the eVTOL industry.
Conclusion: Joby Aviation’s story is one of volatility, innovation, and growing investor confidence. While short-term pullbacks remain part of the ride, FAA progress, global test flights, and partnerships like the Ryder Cup show that Joby is steadily positioning itself as a leader in the future of air mobility.
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