What Happened
Electric Air Taxi Pioneer Sees Significant Growth Ahead
Joby Aviation is nearing its 52-week low, yet the company has a potential upside of 91%. Despite losing over half its value in 2026, Joby’s Q2 revenue beat estimates, and the White House-backed eVTOL pilot program is expected to drive demand. Toyota’s planned $250 million investment and the company’s progress in certification and commercial flights are key factors in Joby’s growth potential. According to 24/7 Wall St., Joby’s stock price target is $11.38 over the next 12 months, with a buy rating at 50% confidence. This article was first reported by 24/7 Wall St.