From Financial Modeling Prep: 2025-01-14 12:26:00

Needham analysts increased Joby Aviation’s price target from $8 to $10, citing strong financials and potential in the eVTOL market. Chief Product Officer Eric Allison discussed international expansion to the UAE and progress towards FAA approval. The updated target includes a higher valuation multiple and $500 million in raised capital, reinforcing Joby’s position in the industry.



Read more at Financial Modeling Prep:: Joby Aviation’s Prospects Soar, Price Target Raise…