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Showing posts with the label Urban Air Mobility

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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...

Archer Aviation: Set To Take Flight After Deal Cut

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Archer Aviation is a far better deal after the valuation was cut and the stock price has fallen 50%. The company still appears on a path to releasing an eVTOL in 2024. The stock faces too much SPAC closing risk with the stock below $10 to buy here. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our model portfolio.  Learn More »   Only about 6 months ago,  Atlas Crest Investment Corp.  ( ACIC ) announced an exciting business development deal with  Archer Aviation . The urban air mobility space was so exciting that the SPAC soared to a high of $18.60 back in February. After the stock has been cut in half and the deal value was slashed, my  investment thesis  is far more bullish on the eVTOL stock. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details.   Update - Sept. 30 Honda wants to enter the eVTOL market with an ...