JOBY AVIATION INCORPORATION

Analysts set a 24/7 Wall St. 12-month price target of $11.37 for Joby Aviation, implying about 87% upside from current levels, while noting medium confidence given the pre-revenue eVTOL risk. Joby reported Q2 revenue of $38.64M, raised FY26 revenue guidance to $115M–$125M, and CEO JoeBen Bevirt said first commercial EIPP flights in Dallas–Fort Worth are targeted this month. Certification momentum (Stage 4 probability rising) and partnerships support the bull case, but heavy cash burn, guided H2 2026 cash use and dilution risk keep the bear case valid with a model price around $8.52. » More on finance.yahoo.com

Joby Aviation filed a prospectus supplement with the US SEC for the potential resale of 2,419,801 common shares. The shares were issued as consideration for acquisitions of the passenger segment (including Strata Critical Medical, Trinity Medical Intermediate II, Blade Urban Air Mobility) and relate to issuances upon achievement of certain EBITDA milestones; the supplement is part of the existing S-3 registration statement and includes a legal opinion from Latham & Watkins. » More on de.investing.com

Joby is participating in the White House’s eVTOL Integration Pilot Program with test flights in Texas alongside Beta and Wisk, demonstrating routes between cities and Dallas Fort Worth International Airport without passengers. The program aims to collect data to support FAA type certification and help shape future regulations to accelerate commercial service. Companies hope the demonstrations speed market entry, though legal disputes with rivals and technology limitations such as battery weight and sensors remain obstacles. » More on theverge.com