Joby Aviation Outperforms Market as Nvidia Partnership Fuels AI Flight Goals

Joby Aviation (NYSE:JOBY) shares surged 7.50% to $16.77 in premarket trading as of 5:54 AM EDT on October 29, 2025, following yesterday’s announcement of a major partnership with NVIDIA. The electric vertical takeoff and landing (eVTOL) aircraft developer was selected as NVIDIA’s exclusive aviation launch partner for its new IGX Thor platform, powered by the NVIDIA (NASDAQ:NVDA) Blackwell architecture.

This collaboration marks a significant milestone for Joby as it accelerates development of its autonomous flight technology called Superpilot™ across both military and civil platforms.

Integrating NVIDIA’s AI Tech Into Joby’s Flight Autonomy Roadmap

The collaboration between Joby and NVIDIA centers on integrating the IGX Thor compute platform with Joby’s Superpilot™ technology to enable real-time autonomous capabilities critical for safety-critical defense and civil applications. According to Gregor Veble Mikić, Flight Research Lead at Joby, the autonomous systems under development are designed to complement human intelligence by providing speed, precision, and stamina beyond human capabilities alone.

The partnership will enable advanced onboard capabilities including autonomous mission management, radar and perception processing, and sensor fusion.

NVIDIA’s support for industry-recognized functional safety standards on the IGX Thor platform allows Joby to pursue certifiable autonomy for defense applications in the near term and civil applications in the long term as regulatory frameworks evolve.

The collaboration also establishes a foundation for developing enhanced features like predictive system health monitoring and “digital twin” modeling, which could optimize aircraft performance and efficiency. This integration of NVIDIA’s computing power with Joby’s aircraft design aims to unlock a new era of safety-first autonomy in aviation.

JOBY Outpaces Broader Market Amid Expanding Autonomous Vision

Following the announcement, Joby Aviation stock initially soared 8% in after-hours trading on October 28, 2025, after closing at $15.61 (down 4.23% during regular trading). In premarket trading on October 29, shares continued their momentum, rising 7.50% to $16.77 as of 5:54 AM EDT.

The company has demonstrated strong year-to-date performance with a 92% gain, significantly outperforming the S&P 500’s 17.16% return. Over the past year, JOBY has surged 196.20%, reflecting growing investor enthusiasm for the eVTOL sector.

The company currently holds a market capitalization of $13.909 billion and maintains a 52-week range between $4.80 and $20.95. Despite operating at a loss with negative earnings per share of -$1.07 and minimal revenue of $98,000, analyst sentiment remains cautiously optimistic. The average analyst price target stands at $12.17, with targets ranging from $6.00 to $22.00.

Morgan Stanley recently raised its price target from $7 to $15 while maintaining an Equal-Weight rating, suggesting the NVIDIA partnership could be a significant catalyst for the company’s autonomous technology roadmap as it develops electric vertical takeoff and landing aircraft for commercial passenger service.

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