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Joby Aviation aims for $20 stock by 2028 amid FAA certification and revenue growth hopes.

Analyst Insights
21 Jun 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

Joby Aviation is transitioning from testing to revenue generation, projecting $30.84 million in Q4 2025 and $105-$115 million for 2026 after acquiring Blade. Despite this, shares dropped 24% year-to-date, trading at a high price-to-sales ratio and affected by insider selling and Fed tightening concerns. Analysts see potential upside to $11.12, with a bull case of $15.05 in 12 months and $25.75 in five years, hinging on FAA certification, commercial operations expansion, and production ramp-up. Achieving $20 per share by 2028 requires FAA approval by 2026, revenue growth from new markets, and increased aircraft production, but delays or capital raises could derail this target.

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