
Joby Aviation (JOBY) Stock Forecast & Price Target
Joby Aviation (JOBY) Analyst Ratings
Bulls say
Joby Aviation Inc. is poised for a positive growth trajectory as it progresses towards key certification milestones and prepares for a significant ramp-up in eVTOL aircraft production, with plans to double its capacity by 2027. The company's strong balance sheet, bolstered by approximately $2.6 billion in cash, positions it well for a commercial launch, while strategic partnerships with entities like Uber, Toyota, and Delta enhance its market potential. Additionally, the development of vertiport infrastructure and the expected initiation of passenger flights in the UAE by year-end further underline the optimism surrounding Joby's operational advancements and future revenue streams.
Bears say
Joby Aviation Inc. is facing significant financial challenges, with projections indicating $1.5 billion in additional equity capital required through FY27 before the company can achieve operational stability, reflecting ongoing dilution concerns. The company anticipates high cash burn rates of $340-370 million for the first half of 2026 while projecting only modest revenue of $105-115 million from its operations, typically reliant on certification timelines that remain uncertain. Furthermore, a recent increase in adjusted EBITDA losses to $154.3 million signifies continued operational inefficiencies and raises concerns regarding the company's long-term profitability and market positioning amidst a volatile regulatory environment.
This aggregate rating is based on analysts' research of Joby Aviation and is not a guaranteed prediction by Public.com or investment advice.
Joby Aviation (JOBY) Analyst Forecast & Price Prediction
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