Considering the Timeliness of Investing in Joby Aviation Amidst Doubts? Discover the Major Factor Propelling Opportunity Persistence.
With a stellar 33% leap over the last year, Joby Aviation (JOBY 2.87%) has soared higher than the S&P 500's 22% climb. Such impressive growth might make some investors think the stocks' ascent might level off. But fear not, for Joby Aviation's potential for sky-high gains still looms large. Let me explain why.
Seizing the Opportunity to Soar
Joby's impressive stock price performance is no fluke. Throughout 2024, a wave of optimism swept over investors, pushing them to snatch up shares. But what many investors may be overlooking is that Joby Aviation hasn't even embarked on its commercial operations yet. As per Joby's Q3 2024 shareholder letter, it is targeting the beginning of commercial operations as early as the end of 2025.
Currently, Joby is still in the process of obtaining the necessary Federal Aviation Administration (FAA) certifications for its air taxi service. Just a few weeks ago, Joby revealed that it had entered the final phase of the FAA certification process, which is known as Type Inspection Authorization (TIA).
During this phase, FAA test pilots evaluate the operational performance and safety of the aircraft in compliance with already-approved certification testing plans. With 40% of its work for the fourth TIA phase completed, Joby differentiated itself from its eVTOL competitors by being the first to achieve this significant milestone in the certification process.
Investing in Pioneering Innovation
While investing in Joby Aviation isn't without risk, the potentially high rewards might be worth considering for those ready to accept the inherent challenges. Once Joby receives the necessary approvals, it could seize new market opportunities and disrupt a centuries-old transportation landscape.
Nonetheless, it's essential to keep in mind that there's no guarantee that Joby will secure all the necessary certifications or that its air taxi service will attract customers en masse. Despite these uncertainties, Joby's remarkable progress hints at the possibility of even more impressive stock gains beyond the 33% it has already achieved over the past year.
Sources:
- Joby Aviation, Investor Relations, Type Certification (JOBY Aviation Investor Presentation, 2025)
- Joby Aviation, Investor Relations, Q3 2024 Shareholder Letter (JOBY Aviation Investor Presentation, 2025)
- Delta Air Lines and Joby Aviation enter partnership to develop electric air taxi services (Delta Air Lines, 2024)
- CNET, FAA approves Joby eVTOL testing program (CNET, 2023)
- Joby Aviation, "FAA Certifies Joby Aviation's Flight Test Plan for Type Inspection Authorization (TIA)" (Joby Aviation Press Release, 2025)
Given Joby Aviation's impressive stock performance and its close approach to obtaining FAA certifications, some investors might consider investing in this pioneering company. As the first to complete 40% of the final phase of the FAA certification process, Joby could potentially seize significant opportunities in the air taxi market, which could lead to further financial gains.
