Cantor Fitzgerald Reiterates Overweight Rating on Joby Aviation Inc (JOBY)

Cantor Fitzgerald analyst Andres Sheppard reiterated an Overweight rating and $9.00 price target on Joby Aviation Inc (NYSE: JOBY).

The analyst commented, “JOBY announced it had successfully completed its first piloted full transition test-flight (from vertical to cruise flight and back), which marks a key step towards FAA flight testing and eventual FAA Certification. JOBY also reported that by now it has completed >40,000 miles of test flights across multiple aircraft, including "hundreds of transitions from vertical take-off to cruise flight" as well as >100 flights with a pilot onboard. JOBY will report 1Q25 earnings and host its earnings call at 5:00PM ET on 5/7.”

For an analyst ratings summary and ratings history on Joby Aviation Inc click here. For more ratings news on Joby Aviation Inc click here.

Shares of Joby Aviation Inc closed at $6.71 yesterday.

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