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Joby Aviation: $1 Billion Saudi Signal

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Update - July 16, 2025 Joby Aviation has now soared over 100% in the last month with the market cap jumping to nearly $14 billion. The stock is at all-time highs while the eVTOL is still is the process of certifying aircraft. Investors might want to pump the brakes.  Original article posted on June 5 Joby Aviation, Inc. surged on Toyota's $250M investment, boosting liquidity to $1.3B and reinforcing their manufacturing partnership. The air taxi company is progressing towards commercial launch, with pilot testing in Dubai and a potential $1B+ sales agreement in Saudi Arabia. Joby Aviation has production ramp-up plans for up to 500 eVTOLs annually, with a mix of direct sales and air taxi operations driving future revenue. JOBY stock is attractive on dips towards $7 due to certification and launch risks. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » Joby Aviation, Inc.  ( NY...

Joby Aviation: Wait For A Cooling Off Period

  Joby Aviation raised substantial capital in Q4, boosting its cash access to $1.4 billion, and is progressing towards FAA certification and international expansion. The company is constructing facilities in Ohio and Dubai, with plans for a 4-vertiport network in Dubai, aiming for a 2025 launch. Investors should be cautious, as any FAA certification delays could impact the stock; consider holding additional capital for potential cheaper entry points. Joby Aviation, Inc.  ( NYSE: JOBY ) has just flown since completing an underwriting for additional capital in late October. The air taxi space and the general market for speculative stocks have soared in the last few months. My  investment thesis  is more Neutral on the stock due to the market valuation after more than a double for Joby Aviation in the last few months, while the business still faces some large regulatory hurdles and startup risks. Read the full article on Seeking Alpha.  Disclosure: No position ment...

Joby Aviation: Commercial Launch Around The Corner

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Update - Oct. 2, 2024 Joby Aviation is primed for a big 2025 with another investment from Toyota while the stock is set to bounce off support.  Shares of Joby Aviation ( NYSE: JOBY ) were launched more than  20% higher  in Wednesday’s premarket trading thanks to another $500M investment by Japanese carmaker Toyota Motor Corp ( NYSE: TM ). The investment will enable Joby ( JOBY ) to  expand its commercialization of an electric air taxi and bring Toyota’s ( TM ) total investment in Joby ( JOBY ) to $894M. The investment will be made in the form of cash for common stock. “The knowledge and support shared by Toyota have been instrumental in Joby's success, and we look forward to deepening our relationship as we deliver on our shared vision for the future of air travel," Joby founder and CEO JoeBen Bevirt said in a  statement . Original article posted on Sept. 20 Joby Aviation is nearing a major aircraft order with Virgin Atlantic, bolstering its potential for a sign...

Joby Aviation: Another Dip Opportunity

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Update - Oct. 10, 2023 Joby got hit with a shot attack on Tuesday. Since the stock was already down substantially from the highs, the short report issue is typically when the stock his the lows.  -Joby Aviation (NYSE:JOBY) dropped 5% after a new short report from Kerrisdale Capital on the electric vehicle-take-off-and-landing company. -Kerrisdale, which is short Joby (JOBY), claims that the company is "years away from generating operating revenue" and doesn't expect it "will ever earn an economic profit," according to the short report on Tuesday.   Original article posted on Oct. 5 Joby Aviation, Inc. stock has dropped nearly 50% since June despite positive developments, making it an attractive investment opportunity at $6. The company has started flight tests with pilots on board, moving closer to FAA certification. Joby plans to develop a production facility in Ohio capable of producing 500 aircraft per year, further supporting its path to commercialization. T...

Joby Aviation: Strategic Cash Raise

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Update - June 15, 2023 Joby has nearly doubled now since a strategic capital raise in early May. The stock market has become more  bullish  on former SPACs, but the capital raise helped  provide  more confidence in the  company  making it to eVTOL production. Even at $8 now, Joby is likely cheap considering the SPAC deal was completed years ago at $10.  Original article posted on May 5.  Joby Aviation completed a stock offering to raise another $180 million, with the stock trading at $4. The eVTOL manufacturer recently expanded a deal with the DoD, which includes the delivery of 2 aircraft to the U.S. Air Force in early 2024. Joby Aviation stock is cheap, trading at all-time lows, while the company remains on target for aircraft certification and production launch in the next year. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   As  Joby Aviation, Inc.  (...

Joby Aviation Doesn't Need Immediate Cash, Don't Panic

  Joby Aviation continues to proceed towards 2024 operations launch. The company filed a shelf registration to raise up to $1.0 billion, but the eVTOL manufacturer already has a cash balance of $1.2 billion. The stock isn't fully appreciating the business opportunity in the future. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   The flying taxi future appears bright, but firms like  Joby Aviation  ( NYSE: JOBY ) will spend billions over the next few years to certify and produce new aircraft. The good news for investors is that the eVTOL (electric vertical take-off and  landing) manufacturer has plenty of cash to produce aircraft and start operations making the selloff following the proposal of selling securities as irrational. My  investment thesis  remains Bullish on the stock, as the company gets closer to FAA certification. Read the full article on Seeking Alpha.  D...

Joby Aviation: On My Radar

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  Joby Aviation is going public via a business deal with Reinvent Technology Partners. The company is building an eVTOL to enter the urban air taxi market by 2024. The stock has a market valuation of nearly $7 billion with a 2026 revenue estimate topping $2 billion. Joby Aviation is compelling compared to robotaxi valuations. Looking for more investing ideas like this one? Get them exclusively at Out Fox The Street.  Learn More » The urban air taxi service sector is immensely appealing, but the recent  business combination  of the  Reinvent Technology Partners  (RTP, RTPU) SPAC and Joby Aviation raised eyebrows on the initial valuations. The company has all the promising aspects of a successful company, but investors should be cautioned on the length to material revenues and the risk of meeting those goals. The stock should definitely be on the radar of aggressive growth investors. Read the full article on Seeking Alpha.  Disclosure: No position menti...