Joby Aviation

JOBY

Market cap $7.11B

The air-taxi trade has come undone this year, it seems. Shares of Joby Aviation (NYSE:JOBY | JOBY Price Prediction), Archer Aviation (NYSE:ACHR), and EHang Holdings (NASDAQ:EH) have all slid sharply this year, with drawdowns spanning 40% to over 60%.

Joby Aviation is advancing through the regulatory process and has several strategic partnerships. The air taxi upstart could be a few years away from commercializing its eVTOL craft.

The transaction involved 27,932 shares, valued at ~$210,000 based on the weighted-average execution price on July 13, 2026. The disposal accounted for 4% of the insider's direct equity holdings and was executed specifically to satisfy tax obligations arising from the settlement of restricted stock units (RSUs).

Joby Aviation (NYSE:JOBY | JOBY Price Prediction) is developing commercial air taxis while its stock trades near a 52-week low.

Joby Aviation hopes to begin commercial air taxi operations this year. Its air taxi isn't approved just yet, but that could soon change.

Joby Aviation stock is gaining ground in conjunction with bullish momentum for the broader market. The company's share price is also getting a boost from its new partnership with Toyota.

The first half of the trading year typically operates on a dominant market narrative. Over the past six months, that narrative has favored massive artificial intelligence (AI) and compute infrastructure rallies.

Joby Aviation is the frontrunner in the nascent eVTOL industry. The company became the first to fly an eVTOL point-to-point in 2026, and it has solidified its partnership with Toyota.

Joby is getting closer to commercial service for its eVTOLs. Certification is only one piece of the puzzle.

Joby holds a 49% stake in the Joby Toyota Aero Manufacturing Preparation Company, and the Japanese automaker owns the remainder. The joint venture will hold the exclusive right to build Joby's S4 aircraft.