Overview
- The company reports hundreds of 2025 test flights and plans to begin using simulators to train pilots as part of its certification push.
- Joby posted a loss of $1.01 per share for the first nine months of 2025, worsening from $0.53 per share in the same period of 2024.
- Management recently announced a $600 million convertible-note sale alongside the issuance of 52,863,437 common shares.
- Shares have fallen nearly 50% from the 52-week high as funding needs and dilution concerns weigh on sentiment.
- Analysts note the eVTOL market remains a significant long-term opportunity, with any autonomy enabled by AI representing potential upside that would require further progress and approvals.