Is It Time to Double Down on Joby?

From its Santa Cruz roots to the global aerospace stage, Joby Aviation continues to soar—literally and figuratively. As highlighted in our recent feature, Joby has made significant strides this summer: delivering aircraft to the U.S. Air Force, achieving key FAA certifications, and advancing toward commercial air taxi service in 2025.

These milestones haven’t gone unnoticed. According to Insider Monkey, Joby’s stock “soared by 47.67% week-on-week,” earning it a spot on their list of 10 Stocks with Unbelievable Gains. Analysts attribute the surge to Joby’s expanding government contracts and real-world test flights, including new operations in the UAE.

Meanwhile, MarketBeat reports that Joby currently holds a consensus “Hold” rating from analysts, with price targets ranging from $7 to $13 and an average forecast of $9.33. HC Wainwright reaffirmed its “Buy” rating, citing Joby’s growing traction in both regulatory and defense sectors.

We’re also seeing increased optimism from thought leaders. The Motley Fool recently wrote that Joby “could soon turn your sci-fi dreams into reality,” and that the company is “beginning to deliver on its promises.” Stansberry Research’sWhitney Tilson pointed to Toyota’s nearly $900 million investment as “a big vote of confidence” in Joby’s long-term viability.

From our perspective at Santa Cruz Works, Joby remains a shining example of what’s possible when local innovation meets global ambition. Their work reflects the Santa Cruz ethos: sustainable, future-focused, and technically brilliant.

While we don’t offer financial advice, we do champion breakthrough companies shaping the future of mobility, energy, and sustainability. Joby’s progress is something to watch closely—not just as an economic indicator, but as a milestone in how the world moves.

As always, we encourage our community to stay curious, do your own research, and keep supporting homegrown innovation.