Canaccord Genuity Upgrades Joby Aviation to Buy
Canaccord Genuity upgraded Joby Aviation's stock rating to Buy from Hold while lowering its price target to $7 from $11.50.
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Analyst Austin Moeller of CCORF upgraded Joby Aviation to a buy rating while adjusting the price target to $7 from $11.50.
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Canaccord Genuity upgraded Joby Aviation's stock rating to Buy from Hold while lowering its price target to $7 from $11.50.
Joby Aviation reported Q3 2026 revenue of $55.1 million, a 144% year-over-year increase driven by the acquisition of Blade Air Mobility's passenger business.
Needham has adjusted its price target for Joby Aviation, reducing it from $15 to $10.
Joby Aviation announced that the U.S. Air Force has awarded additional funding to accelerate its autonomous flight technology, increasing the total commitment to nearly $37 million and raising the operational testing contract ceiling to $50 million.
Joby Aviation beat revenue estimates for the quarter and raised its full-year 2026 revenue guidance to a range of $115 million to $125 million.