Joby Aviation (JOBY) has fallen more than 60% so far in 2026 and hit a new 52-week low below $5 on Tuesday. The eVTOL company is nearing FAA type certification for its air taxi and was selected as a partner for the White House eVTOL Integration Pilot Program, but it has not yet launched commercial operations, leaving investors waiting. With a market cap of about $5 billion, the stock trades near multi-year lows and could rebound if approval comes, though the author notes it may still be a long time before the company reaches profitability. The author suggests it may suit patient, risk-tolerant investors, while more risk-averse investors may prefer to watch it.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Get briefings and signals on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the morning, midday and evening briefing of each market and important news as it happens.