Joby Aviation, a California-based aviation company, is developing electric vertical takeoff and landing (eVTOL) aircraft for use as air taxis. The company plans to double its U.S. manufacturing capacity by 2027 to accelerate production, targeting four aircraft per month. Joby recently reported Q3 2025 revenue of $23 million, with a widened net loss of $401 million. Despite recent stock pullbacks, Joby is still up more than 70% over the past year. Analysts have mixed ratings on JOBY stock, with a consensus “Hold” rating and a mean price target of $12.14. Joby emphasizes certification progress and commercial air taxi launch in 2026.

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