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Stock impact report

Can Joby Aviation Stock Beat The Market? [Yahoo! Finance]

Joby Aviation, Inc. (JOBY) 
Company Research Source: Yahoo! Finance
Regulatory clearance won't be straightforward, notably for urban air mobility. 10 stocks we like better than Joby Aviation › Electric vertical take-off and landing (eVTOL) company Joby Aviation (NYSE: JOBY) came to the market in 2021 and has outperformed the S&P 500 SNPINDEX: ^GSPC) over the last three years (336% to 75%) and over the last year (73% to 13%) as investors have warmed to the eVTOL investing theme and Joby Aviation in particular. However, the key question now is whether it can continue. It's no secret that Wall Street is reluctant to issue "sell" recommendations, so when an analyst at a heavyweight like Goldman Sachs makes one, it's a good idea to take it seriously. The analyst's recommendation and $10 price target (compared to the current price of about $15) stem from a combination of valuation concerns and the fear that its integrated business model will lead to regulatory issues and require heavy investment. As a reminder, Joby's business model involves being Show less Read more
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