Joby Aviation: Is It Finally Time to Buy Below $7?

Joby Aviation says it is getting closer to operating electric vertical takeoff and landing aircraft, but its stock has fallen sharply in 2026. The article notes shares have lost more than half their value year-to-date and trade about 67% below the 52-week high. It cites advances including flight demonstrations in New York and Texas, an updated manufacturing alliance with Toyota, an agreement to acquire Resonant Sciences for about $500 million, and progress through the FAA’s final stage toward Type Inspection Authorization. Joby generated about $36 million in revenue last quarter, mainly via Blade, and holds about $2.3 billion in cash, planning to use roughly $400 million in the second half of 2026 while burning about $200 million per quarter.