New York, Jan 25, 2026, 04:55 EST — The market has closed.
- Shares of Joby Aviation fell roughly 4% on Friday, mirroring a wider slump in small-cap stocks.
- The Federal Reserve’s Jan. 27-28 meeting, combined with a busy U.S. earnings slate, shaped risk appetite.
- Joby’s next earnings report is set for Feb. 25, with investors focused on certification progress and cash burn.
Joby Aviation Inc (JOBY) shares slipped 4.2% to close at $13.93 on Friday. Archer Aviation, another player in the electric air-taxi space, fell roughly 4.4%.
U.S. markets were closed Sunday, setting the stage for Monday’s session to act as a reset after a week dominated by headlines. Investors will focus on the Fed’s decision and a wave of major earnings reports, both poised to shape risk appetite. (Reuters)
This hits Joby hard since its stock behaves more like a wager on timing than on present sales. When risk appetite fades, early-stage companies dependent on fresh capital often take a sharp hit.
Friday’s action saw the Russell 2000 drop 1.8%, slipping noticeably while the S&P 500 and Nasdaq managed modest gains. (AP News)
Joby is building an electric vertical take-off and landing aircraft — an eVTOL — aimed at air-taxi services, and investors are eager for signs that commercial flights are nearing. In Dubai, the chairman of the city’s Roads and Transport Authority announced that air taxis developed with Joby are expected to launch commercial operations by the end of 2026. (Reuters)
A filing earlier this month revealed Joby’s subsidiary agreed to purchase a roughly 728,000-square-foot property in Vandalia, Ohio, for $61.5 million. The deal is set to close by Feb. 27 at the latest. (Joby Aviation, Inc.)
In the same statement, CEO JoeBen Bevirt said the Ohio facility “will not only support our near-term plan to double production,” but might also enable “significant future growth.” (Joby Aviation, Inc.)
Joby emphasized the importance of its financial runway. In its Nov. 5 update, the company reported ending the quarter with $978.1 million in cash, cash equivalents, and investments. It also highlighted progress toward FAA Type Inspection Authorization, a crucial certification phase where FAA test pilots fly the aircraft “for credit.” (Joby Aviation, Inc.)
Macro events take center stage next. The Fed is set to meet Jan. 27-28, with its policy statement and press conference lined up for Jan. 28. (Federal Reserve)
Joby is set to release earnings on Feb. 25, according to Nasdaq’s calendar. (Nasdaq)
The downside risks remain: certification delays can push up manufacturing costs early on, and the sector has relied on share sales in the past. Joby’s shares took a hit in October after it priced a discounted offering to raise roughly $514 million. (Reuters)
As the new week kicks off, investors will be weighing if rate expectations and the flood of earnings reports push funds back into speculative growth or keep them parked on the sidelines. All this happens ahead of the Fed’s Jan. 28 decision and Joby’s update expected Feb. 25. (Federal Reserve)
