JOBY stock rallies as Toyota announces a new strategic partnership with the eVTOL firm. Wall Street continues to see significant further upside in JOBY shares from current levels.
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Toyota will hold a 51% stake in the new entity, which will have exclusive rights to produce Joby's S4 series aircraft
Companies establish venture to produce electric aircraftJoby Aviation, Inc. (NYSE:JOBY) shares rose 7% on Tuesday after the company announced a manufacturing joint venture with Toyota Motor Corporation to build Joby’s S4 Series electric vertical take-off and landing (eVTOL) aircraft.
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Why did a strong jobs report trigger big sell-offs for Joby Aviation stock?
On May 11, 2026, investors weighed Archer's solid Q1 earnings versus the company's cash burn and rising eVTOL competition.
Joby Aviation (NYSE:JOBY) reported what executives described as another quarter of progress toward commercial electric air taxi operations, highlighting new U.S. demonstration opportunities, certification milestones, manufacturing expansion and a stronger cash position following recent capital raise
Need a quote from a Motley Fool analyst? JoeBen Bevirt: Thank you, Teresa, and thank you, everyone, for joining us today. Perhaps the biggest news of the quarter was the selection of states that will participate in the White House-backed eIPP program.
Moby summary of Joby Aviation, Inc.'s Q1 2026 earnings call