• Joby Aviation's stock has lost over half its value in the past year.
• The company's 24/7 Wall St. price target is $11.37, implying 87.1% upside.
• Joby is preparing for commercial service with first EIPP flights in Dallas-Fort Worth.
• FAA certification progress and EIPP flights ramp are key to the stock's upside.

Joby Aviation's stock may indicate a high-risk, high-reward opportunity in the eVTOL space, suggesting that investors could be undervaluing the company's potential for commercial success. The setup into commercial flight may signal a turning point for the stock, which could benefit from FAA certification progress and EIPP flights ramping up as planned.