Investors are eagerly awaiting Joby Aviation and Archer Aviation’s third-quarter results next week. Despite being pre-revenue, these eVTOL companies are under scrutiny for operational momentum, certification timelines, and funding runway. The eVTOL industry is projected to grow to $29 billion by 2030, emphasizing commercialization paths over dollars.

Joby and Archer are both eyeing commercial operations in 2026, with Joby focusing on the UAE and U.S. markets and Archer emphasizing global expansion. Both companies are pursuing hybrid models for eVTOL operations, with Joby owning fleets and Archer selling aircraft to operators.

Both Joby and Archer have strong financial backing, with Joby receiving significant investment from Toyota and Archer bolstered by Stellantis and BlackRock. Industry giants like NASA and the Defense Department are collaborating with these companies, validating their technology for dual-use applications.

Public acceptance and FAA certification remain key risks and milestones for eVTOL companies. Joby is ahead in the certification process, while Archer is slightly behind. White House support and Defense interest are providing tailwinds for the industry.

Joby is expected to outperform Archer in earnings due to its certification lead, while Archer’s liquidity is a strong point. Investors should focus on the companies’ preparation for scale and execution signals rather than actual numbers, given the potential for turbulence in this evolving industry.

Read more at Yahoo Finance: Will Joby Aviation or Archer Aviation Cash In Big on Earnings Next Week?