
Joby Aviation (JOBY) Stock Forecast & Price Target
Joby Aviation (JOBY) Analyst Ratings
Bulls say
Joby Aviation Inc. is positioned favorably in the burgeoning eVTOL market, with a recent Executive Order potentially accelerating market development within the public safety, defense, and military sectors. The company currently generates revenue primarily from flight services to the U.S. Department of Defense, tapping into a critical demand for advanced aerial transportation solutions amid increasing global defense interests. Additionally, projected growth in selling, general and administrative expenses at a rate of 4-7% annually aligns with the company's expansion strategy, supporting a robust outlook for future financial performance.
Bears say
Joby Aviation Inc is focused on developing an all-electric eVTOL air taxi service but currently relies entirely on revenue from flight services to the Department of Defense, raising concerns about revenue diversification and sustainability. The company's ambitious technology development is coupled with significant capital requirements and ongoing operational losses, which may strain financial resources in the long term. Additionally, the lack of established operational revenue streams from commercial passenger services further complicates its financial outlook and raises questions regarding its path to profitability.
This aggregate rating is based on analysts' research of Joby Aviation and is not a guaranteed prediction by Public.com or investment advice.
Joby Aviation (JOBY) Analyst Forecast & Price Prediction
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