Joby Aviation, Inc., a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service in the United States and Dubai. The company intends to build an aerial ridesharing service, as well as developing an app-based platform that will enable consumers to book rides. Joby Aviation, Inc. was founded in 2009 and is headquartered in Santa Cruz, California.
Pioneering eVTOL | Joby Aviation leads the electric vertical takeoff and landing aircraft market, boasting impressive gross profit margins and a strong cash position |
Global Expansion | Explore Joby's strategic partnerships in Saudi Arabia and potential Dubai launch, signaling ambitious international growth and market penetration |
Financial Outlook | Delve into Joby's path to profitability, with analysts projecting narrowing losses and potential high-margin foreign sales arrangements |
Market Challenges | Learn about the regulatory hurdles and certification timelines that could impact Joby's market position, with price targets ranging from $6 to $11 |
Metrics to compare | JOBY | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipJOBYPeersSector | |
---|---|---|---|---|
P/E Ratio | −8.6x | −1.7x | 11.8x | |
PEG Ratio | 0.90 | −0.03 | 0.03 | |
Price/Book | 5.8x | 1.1x | 1.4x | |
Price / LTM Sales | 38,608.8x | 0.7x | 1.2x | |
Upside (Analyst Target) | 32.9% | 63.2% | 23.8% | |
Fair Value Upside | Unlock | 1.9% | 8.8% | Unlock |