Joby Aviation rises 4% on strong Q3 revenue and raised 2026 outlook amid FAA certification progress

Joby Aviation's stock gained 4% following a Q3 revenue beat of $55 million, driven mainly by its Blade ride-booking business, surpassing analyst expectations. The company raised its full-year 2026 revenue forecast to $135-$140 million, citing strong Blade performance and progress in FAA certification, having completed 83% of the fourth stage. Despite a net loss of $212 million and $702.6 million in long-term debt, Joby holds $2.2 billion in cash and is advancing toward Type Inspection Authorization testing in early 2027. Meanwhile, rivals Archer Aviation and EHang saw their stocks fall amid regulatory and operational challenges. Joby's integrated business model and defense contracts add to its growth potential, but certification timing and financial risks remain key concerns.

Archer Aviation shares are down 6.80% at USD 3.84 on Pluang, close to their 52-week low of USD 3.80, reflecting cautious sentiment. EHang Holdings is also falling 8.33% to USD 3.74, near its 52-week low of USD 3.39. These moves are recorded as of Nov 05, 2026 22:11 WIB.