Joby Aviation, Inc., a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service in the United States and Dubai. The company intends to build an aerial ridesharing service, as well as developing an app-based platform that will enable consumers to book rides. Joby Aviation, Inc. was founded in 2009 and is headquartered in Santa Cruz, California.
eVTOL Breakthrough | Joby Aviation achieves milestone with first piloted transition flight, showcasing technological prowess in the emerging urban air mobility secto |
Certification Hurdles | Explore the complex certification process for Joby's innovative aircraft and its impact on the company's timeline for commercial operations |
Global Expansion | Delve into Joby's strategic plans for international launches, with potential early commercial operations in Dubai as soon as next yea |
Financial Outlook | Analysts project near-term losses but anticipate improved performance, with price targets ranging from $6 to $9 as Joby approaches commercialization |
Metrics to compare | JOBY | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipJOBYPeersSector | |
---|---|---|---|---|
P/E Ratio | −18.6x | −5.4x | 12.7x | |
PEG Ratio | 0.15 | −0.04 | 0.03 | |
Price/Book | 16.5x | 0.5x | 1.4x | |
Price / LTM Sales | 151,631.0x | 0.5x | 1.2x | |
Upside (Analyst Target) | −57.9% | 33.1% | 15.8% | |
Fair Value Upside | Unlock | 5.3% | 6.1% | Unlock |