NYSE:JOBYAirlines
Joby Aviation (JOBY) Is Down 5.4% After Dubai Progress Meets Cooler Analyst Views Has The Bull Case Changed?
In recent weeks, Joby Aviation has continued to advance its electric air taxi ambitions, combining early revenue from its Blade acquisition, progress toward FAA certification, manufacturing expansion with Toyota, and preparations for commercial services in Dubai.
At the same time, analysts have cooled their outlook, arguing that much of this operational progress is already reflected in investor expectations, prompting a reassessment of Joby’s near-term potential.
We’ll now examine how this...