Joby Aviation Pursues FAA Certification Amid Cash Burn and Market Risks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2026
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Source: NASDAQ.COM
- FAA Certification Progress: Joby Aviation is racing toward FAA certification, which is crucial for its future flying taxi business, despite facing significant cash burn that could impact its operational viability.
- Investment Risk Warning: While the potential market opportunity for flying taxis is substantial, the investment risks associated with Joby Aviation remain high, necessitating careful evaluation by early investors, especially given the company's lack of profitability.
- Market Performance Comparison: As of January 7, 2026, Joby Aviation's stock did not make it onto The Motley Fool Stock Advisor's list of the top 10 stocks, indicating a relative disadvantage in investor sentiment compared to its peers.
- Return on Investment Comparison: In contrast to stocks like Netflix and Nvidia, which yielded returns of 477,544% and 1,122,686% respectively after their recommendations, Joby Aviation's potential for similar returns remains uncertain, highlighting the importance of strategic stock selection.
Analyst Views on JOBY
Wall Street analysts forecast JOBY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JOBY is 15.67 USD with a low forecast of 8.00 USD and a high forecast of 22.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
1 Buy
3 Hold
2 Sell
Hold
Current: 14.540
Low
8.00
Averages
15.67
High
22.00
Current: 14.540
Low
8.00
Averages
15.67
High
22.00
About JOBY
Joby Aviation, Inc. is a transportation company developing an all-electric, vertical take-off and landing air taxi. The Company is engaged in designing and testing a piloted all-electric, vertical take-off and landing (eVTOL) aircraft. The Joby eVTOL is designed to transport a pilot and up to four passengers or an expected payload of up to 1,000 pounds at speeds of up to 200 miles per hour (mph). The aircraft is optimized for urban routes, with a target range of up to 100 miles on a single charge. The Company plans to manufacture, own and operate its aircraft itself, building a vertically integrated transportation company that delivers transportation services to customers, including government agencies such as the United States Air Force (USAF) through sales or contracted operations, and to individual end-users through a convenient app-based aerial ridesharing service. It also offers a network of terminals and loyal flyers in markets like New York and in Southern Europe.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
