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Joby stock down 56% in 2026 despite FAA certification progress and defense deal plans

Company Fundamentals
06 Nov 2026, 22:03 WIB
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Neutral
Joby stock down 56% in 2026 despite FAA certification progress and defense deal plans

Joby Aviation's stock remains down 56% year-to-date in 2026 despite progress toward FAA certification and a planned $500 million defense acquisition. The company reported better-than-expected Q3 revenue of $55.1 million, driven by its Blade passenger air mobility business, and narrowed its net loss significantly. Joby expects FAA pilots to begin flight tests in early 2027 and has 17 aircraft in production, but concerns about share dilution and ongoing cash burn weigh on investor sentiment. The upcoming FAA flight tests and the Resonant Sciences acquisition are key factors that could influence Joby's commercial launch and stock performance.

Joby Aviation's stock performance is the subject here, with Pluang providing context from the Industrials sector. Of 135 priced US Industrials stocks tradable on Pluang, 82 rose and 52 fell today. Notable movers include ENVX at USD 2.71 with a 12.71% increase, ACHR at USD 4.32 up 11.50%, and FTAI at USD 179.62 rising 10.57%. This data is as of Nov 07, 2026 02:11 WIB.

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