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Joby Aviation upgraded to Speculative Buy on stronger cash, lower burn, and progress toward eVTOL commercialization

Analyst Insights
20 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Joby Aviation has been upgraded to Speculative Buy due to its improved financial position, including a cash balance of $2.47 billion and reduced quarterly cash burn. The company’s recent revenue beats, driven mainly by its Blade acquisition, reduce risks as it moves closer to commercializing its U.S. electric vertical takeoff and landing (eVTOL) aircraft and expanding internationally. Despite a high valuation multiple, Joby’s progress and future potential justify a cautious investment with attention to certification and cash burn risks.

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Get Temp Number launches virtual phone numbers for flexible, short-term communication needs.

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