Joby Aviation's stock fell 20% over the past month, underperforming both the broader market and peers Archer Aviation and EHang Holdings, which also saw declines but to a lesser extent. This drop reflects a sector-wide sell-off in electric air taxi companies despite no recent negative news from Joby. The company reported solid cash reserves and revenue from its helicopter business but faces ongoing costs and risks tied to regulatory certification for its electric aircraft. Investors should watch for upcoming certification milestones and cash flow guidance to gauge future stock movement.
As of Oct 13, 2026 02:21 WIB, Archer Aviation trades at USD 4.62, close to its 52-week low of USD 4.44, while EHang Holdings is priced at USD 3.98 on Pluang. Both stocks have seen recent daily declines, with Archer down 6.96% and EHang down 5.01%, highlighting ongoing pressure in the electric air taxi sector. Joby's 20% monthly drop contrasts with these smaller daily moves but fits the broader trend of weakness among peers.
