Joby Aviation (JOBY, Financial) saw a significant rise, with shares increasing over 24% to $5.99. Toyota (TM) announced an additional investment of $500 million into Joby Aviation, aimed at supporting the certification and commercial production of its electric air taxis. This new investment brings Toyota's total investment in Joby Aviation to $894 million. Joby Aviation, headquartered in California, focuses on developing and manufacturing electric vertical takeoff and landing (eVTOL) aircraft. The company a ...

Toyota is adding to its stake in the so-called "flying car" start-up. Toyota Motor (TM 0.73%) is upping its investment in Joby Aviation (JOBY 25.10%), providing additional capital to support the air taxi start-up's push for certification and commercial production. Investors are taking the news as a vote of confidence, sending Joby shares up 21% at the open Wednesday and up 10% as of 10:15 a.m. ET. Cash from an important partner Joby is one of several companies racing to commercialize small electric aircraft ...

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If estimates are to be believed the global eVTOL or flying car industry holds immense potential. JPMorgan believes that by 2040, the eVTOL industry will be worth $1 trillion. Further, back in 2021, Morgan Stanley opined that the Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for ...

Joby Aviation Today | --- | --- | |---------------------|-------| | | | | | | | JOBY | | | Joby Aviation | | | $5.01 | | | +0.01 (+0.20%) | | | 52-Week Range $4.50 | | | ▼ | | | $7.69 | | | Price Target $8.83 | | Add to Watchlist Joby Aviation Inc. NYSE: JOBY designs and manufactures electric vertical take-off and landing (eVTOL) aircraft called air taxis. Joby wants to make air taxis accessible to consumers for fast, sustainable, and quiet flights. Joby wants to help commuters get over and above city traff ...

Maybe you already know that Joby Aviation (NYSE:JOBY) develops electric vertical takeoff and landing aircraft, also known as flying cars or flying taxis. However, there's more to the growth story of Joby Aviation than just manufacturing flying taxis. The company is also an innovator, and Joby Aviation stock offers investors exposure to several niche fields with high-flyer potential. Joby Aviation is a premier player in an industry that's already on a notable growth trajectory. Reportedly, the global flying ...

Matteo Colombo After the market closed on August 7th, the management team at Joby Aviation (NYSE:JOBY) announced financial results covering the second quarter of the company's 2024 fiscal year. The bright side to the results reported by management was that the company did exceed analysts' forecasts on the bottom line. By considering how significantly negative profits and cash flows are, this is not all that impressive. The fact of the matter is that the company continues to see its cash balance shrink quart ...

Joby Aviation, Inc. (NYSE:JOBY) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Teresa Thuruthiyil - Head of IR JoeBen Bevirt - Founder and CEO Didier Papadopoulos - President, Aircraft OEM Matt Field - CFO Paul Sciarra - Executive Chairman Conference Call Participants Andres Sheppard - Cantor Fitzgerald Bill Peterson - JPMorgan Austin Moeller - Canaccord Genuity Savanthi Syth - Raymond James David Zazula - Barclays Operator Greetings, and welcome to Joby Aviation's Second Qu ...

Joby Aviation, Inc. (JOBY) came out with a quarterly loss of $0.18 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.17 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post a loss of $0.16 per share when it actually produced a loss of $0.14, delivering a surprise of 12.50%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Joby Aviation, Inc., which belong ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.0001 JOBY New York Stock Exchange Warrants to purchase common stock JOBY WS New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _____________________________________________ FORM 10-Q _____________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarte ...