Joby Aviation Rebounded on $1.2B Deal: Path to a $55 Breakout in 2026

Wiltone Asuncion4 minute read
Reviewed by: Thomas Richmond
Last updated Feb 12, 2026

Key Stats for Joby Aviation Stock

  • Current Price: ~$11
  • Advanced Model Target: $55
  • Potential Upside: +422.6%

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What Happened?

Joby Aviation (JOBY) is rebounding sharply, trading near $10.52, as the market digests the impact of its massive capital raise.

The stock initially wobbled after announcing a $1.2 billion influx of fresh capital, but sentiment has flipped as investors realize this cash effectively “de-risks” the company’s survival.

This liquidity injection ensures Joby has the financial runway to complete the arduous FAA certification process and launch commercial operations without the threat of bankruptcy hanging over it.

The company also confirmed it has begun Type Inspection Authorization (TIA) testing, the final and most critical phase of certification.

Analysts view this as a major milestone, proving that Joby’s aircraft design is mature and ready for regulator scrutiny.

With the “bankruptcy bear case” off the table, the TIKR Valuation Model highlights the immense upside of the “Success Case,” projecting a Target Price of $55.

Joby Aviation Stock Price Target (TIKR)

See analysts’ growth forecasts and price targets for Joby Aviation stock (It’s free!) >>>

Is Joby Aviation Undervalued Today?

During the Q3 earnings call, CEO JoeBen Bevirt emphasized the significance of their current progress.

He stated: “We have now begun power-on testing of the first of several aircraft we will build for TIA… entering TIA is widely understood as marking the final stage of the certification process.”

Bevirt also highlighted the strength of their manufacturing partnership, noting: “We’re incredibly grateful to be working closely with Toyota… we’ve already produced 15x more FAA conforming parts so far this year.”

CFO Rodrigo Brumana reinforced the strength of the balance sheet, stating: “We ended the third quarter… with approximately $978 million in cash… In October, we added net proceeds of approximately $576 million further strengthening our position.”

Read the full Joby Transcript on TIKR to see the 2026 Roadmap >>>

According to TIKR’s Advanced Valuation Model, if Joby succeeds in launching its network, the stock is currently trading for pennies on the dollar.

  • Target Price: $55
  • Current Price: ~$11
  • Potential Upside: +422.6%

Valuation Deep Dive

The investment case for Joby is a venture-capital-style bet on a new mode of transportation.

With the stock trading at ~$10.50, the market is pricing in significant execution risk, but the $55 target assumes Joby becomes the “Uber of the Skies.”

  • The Cash Moat: With over $1.5 billion in pro-forma liquidity, Joby can outlast competitors who are struggling to raise funds in a high-rate environment.
  • The Toyota Edge: The strategic partnership with Toyota provides manufacturing expertise that is virtually impossible for other eVTOL startups to replicate.
  • The Value Gap: The $55 target implies that once commercial flights begin in Dubai and the U.S., the company will be valued as a high-growth transportation platform rather than a speculative R&D project.

If Joby can stick to its timeline and certify its aircraft by 2026, the path to $55 offers one of the highest risk-reward profiles in the market.

Conclusion: Cleared for takeoff. With a massive 422.6% upside potential to $55, Joby Aviation is a high-octane play for investors who believe the future of urban mobility is vertical.

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How Much Upside Does Joby Aviation Stock Have From Here?

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  2. Operating Margins
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Disclaimer:

Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!

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