Joby Aviation Stock Skyrockets on Game-Changing Deals & FAA Push (Oct 2025)
Joby shares closed at $17.10 on Oct. 2, up 5.5%, after tripling in the past year. The company acquired Blade Air Mobility’s passenger business for up to $125 million and flew its eVTOL publicly at Japan’s Expo 2025. Q2 revenue was about $20,000 with a $325 million net loss; cash on hand was $991 million. Most analysts rate the stock “Hold,” with an average price target of $10.50.