Does Joby Aviation's Milestone in Dubai Point Toward Further Growth?
Given its focus on urban air mobility, JOBY's offerings are likely to include advanced booking systems, partnerships with ride-sharing platforms and dedicated service routes. The company plans to develop facilities capable of producing up to 500 eVTOL aircraft annually in Dayton. This strategic move underscores Joby Aviation's commitment to scaling up its production capacity and meeting the demand for electric air taxis. It also demonstrates the company's tangible progress toward commercializing its electric air taxis.
With cities becoming more and more congested, the demand for more efficient and eco-friendly transportation solutions is on the rise. Even though similar to helicopters, eVTOLs score better as they are emission-free and quieter owing to their electric motors. Further, they possess the ability to navigate remote or difficult-to-access areas. This increases their value for search and rescue missions. The eVTOL market is reportedly projected to grow from $1.76 billion in 2024 to $24.1 billion by 2031, at a CAGR of 51.6% between 2023 and 2031.
A Look at the Growth Drivers of Other eVTOL Stocks
Archer Aviation ACHR, another prominent eVTOL aircraft developer, is currently in the final stages of the commercial rollout of its flagship Midnight aircraft to offer short-haul air taxi services. Strong government and commercial collaborations strengthen Archer Aviation's position in the expanding eVTOL market. In June 2025, Archer Aviation signed an agreement with Indonesia's PT. IKN to deploy its Midnight eVTOL aircraft, making Indonesia the third country in its Launch Edition program. The goal is to build a clear path to commercial use of its Midnight aircraft before receiving full certification in the United States, following similar plans in the UAE and Ethiopia. Archer Aviation recently signed a strategic partnership with Jetex.
Eve Holding EVEX is based in Brazil. The company's growing backlog of Letters of Intent (LOIs), such as the agreement with Future Flight Global for up to 54 eVTOLs, reflects rising global interest in its aircraft and technology. These LOIs serve as early indicators of strong commercial demand across strategic markets like Brazil and the United States. As Eve Holding progresses toward certification, this robust pipeline strengthens its growth outlook and supports future revenue generation. Eve Holding currently expects commercialization of its eVTOL services and support business beginning in 2026, followed by the commercialization and initial revenue generation from the sale of its eVTOLs beginning in 2027.
JOBY's Price Performance, Valuation & Estimates
Shares of JOBY have gained 29.8% so far this year, outperforming its industry 's 5.4% decline.
From a valuation perspective, Joby Aviation is trading at a premium compared to the industry average. In terms of price-to-book value, JOBY is trading at 9.7X, higher than the industry's average of 3.34X.
The Zacks Consensus Estimate for JOBY's 2025 and 2026 losses has remained stable over the past seven days.
JOBY's Zacks Rank
Joby Aviation currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Only $1 to See All Zacks' Buys and Sells
We're not kidding.
Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.
Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.
See Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Joby Aviation, Inc. (JOBY): Free Stock Analysis Report
Archer Aviation Inc. (ACHR): Free Stock Analysis Report
Eve Holding, Inc. (EVEX): Free Stock Analysis Report
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
an hour ago
- Globe and Mail
Perion Announces Participation in Leading Investor Conferences in August and September 2025
Perion Network Ltd. (NASDAQ and TASE: PERI), a leader in advanced technology solving for the complexities of modern advertising, today announced its participation in the following upcoming investor conferences: Tal Jacobson, CEO, and Elad Tzubey, CFO, will host one-on-one meetings with investors. To request a meeting, please contact your representatives at Canaccord Genuity, Oppenheimer, or Lake Street Capital Markets. About Perion Network Ltd. Perion is helping agencies, brands and retailers get better results with their marketing investments by providing advanced technology across digital channels. Through the Perion One platform, we are making digital advertising more effective by building solutions that continuously adapt to connect the dots between data, creative and channels. For more information, visit Perion's website at
National Post
2 hours ago
- National Post
AECOM enters strategic partnership with SILZ Company to support Saudi integrated logistics growth
Article content DALLAS — AECOM (NYSE: ACM), the trusted global infrastructure leader, today announced a strategic partnership with Special Integrated Logistics Zones Company (SILZ), the Kingdom of Saudi Arabia's premier developer and operator of integrated logistics zones. This partnership is designed to accelerate Saudi Arabia's emergence as a global integrated logistics leader, aligning with Saudi Vision 2030's goals of economic diversification, sustainable development, and enhanced global trade integration. Article content As part of the agreement, AECOM is delivering project management consultancy and strategic advisory services for Riyadh Integrated, SILZ's flagship integrated logistics zone, located only eight kilometers from King Khalid International Cargo Village, with direct access to key transport corridors. Purpose-built to serve high-growth sectors such as information and communications technology, pharmaceuticals and aerospace, the zone offers a fully integrated logistics ecosystem, including pre-built warehouses, build-to-suit units, land plots, offices, and showrooms. Article content 'This collaboration marks the foundation of a long-term relationship built on shared ambition and innovation,' said Hamed Zaghw, chief executive of AECOM's Middle East and Africa region. 'As SILZ Company transforms the integrated logistics landscape in Saudi Arabia, we're proud to serve as their trusted advisor, guiding vision into action and advancing a bold infrastructure strategy that supports economic vitality and international investment.' Article content 'This strategic partnership with AECOM marks a pivotal moment for SILZ Company and for Saudi Arabia's ambitious journey to become a global integrated logistics powerhouse,' said Dr. Fadi Al-Buhairan, chief executive officer, SILZ Company. 'This collaboration with AECOM, a trusted global leader in infrastructure, is instrumental in translating that bold vision into tangible action. Their expertise in project management and strategic advisory will accelerate the development of Riyadh Integrated, ensuring we deliver world-class infrastructure and services tailored for high-growth sectors.' Article content 'We're proud to bring together our deep regional insight and global expertise to help shape the future of integrated logistics in Saudi Arabia,' said Jason Kroll, chief executive, AECOM Arabia. 'This partnership reflects the ongoing demand for our industry-leading advisory services and underscores the value we deliver as the world's top transportation design firm.' Article content About AECOM Article content AECOM (NYSE: ACM) is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients' complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2024. Learn more at Article content . Article content The Special Integrated Logistics Zone Company (SILZ) is the developer and operator of integrated logistics zones in Saudi Arabia. Using advanced technology, industry expertise, and smart infrastructure, SILZ Company sets new efficiency and value-chain integration standards. Article content The company aims to become the global benchmark for logistics zones by enabling sustainable, future-ready supply chains, supporting companies investing in the region, and contributing to the Kingdom's economic diversification and Saudi Vision 2030. Article content About Riyadh Integrated – The Special Integrated Logistics Zone Article content Riyadh Integrated, the Kingdom's first integrated logistics zone, is located just eight kilometers from King Khalid International Cargo Village. With a focus on light manufacturing, logistics, and trade, it offers a full-service ecosystem including a one-stop shop, value-added services, and competitive incentives, including 50-year tax relief and 100% foreign ownership. It is built for global industries, such as ICT, pharmaceuticals, aerospace, and more. Article content Forward-Looking Statements Article content All statements in this communication other than statements of historical fact are 'forward-looking statements' for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, capital allocation strategy including stock repurchases, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; potential government shutdowns, changes in administration or other funding directives and circumstances that may cause governmental agencies to modify, curtail or terminate our contracts; losses under fixed-price contracts; limited control over operations that run through our joint venture entities; liability for misconduct by our employees or consultants; changes in government laws, regulations and policies, including failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; ability to continue payment of dividends; exposure to political and economic risks in different countries, including tariffs and trade policies, geopolitical events, and conflicts; inflation, currency exchange rates and interest rate fluctuations; changes in capital markets and stock market volatility; retaining and recruiting key technical and management personnel; legal claims and litigation; inadequate insurance coverage; environmental law compliance and adequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; managing pension costs; AECOM Capital real estate development projects; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas businesses, including the risk that any purchase adjustments from those transactions could be unfavorable and result in any future proceeds owed to us as part of the transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement. Article content Article content Article content Article content Media Contact Article content : Article content Article content Brendan Ranson-Walsh Article content Article content Article content 1.213.996.2367 Article content Article content Article content Investor Contact Article content : Article content Article content Will Gabrielski Article content Article content Article content Article content
Globe and Mail
2 hours ago
- Globe and Mail
AECOM enters strategic partnership with SILZ Company to support Saudi integrated logistics growth
AECOM (NYSE: ACM), the trusted global infrastructure leader, today announced a strategic partnership with Special Integrated Logistics Zones Company (SILZ), the Kingdom of Saudi Arabia's premier developer and operator of integrated logistics zones. This partnership is designed to accelerate Saudi Arabia's emergence as a global integrated logistics leader, aligning with Saudi Vision 2030's goals of economic diversification, sustainable development, and enhanced global trade integration. As part of the agreement, AECOM is delivering project management consultancy and strategic advisory services for Riyadh Integrated, SILZ's flagship integrated logistics zone, located only eight kilometers from King Khalid International Cargo Village, with direct access to key transport corridors. Purpose-built to serve high-growth sectors such as information and communications technology, pharmaceuticals and aerospace, the zone offers a fully integrated logistics ecosystem, including pre-built warehouses, build-to-suit units, land plots, offices, and showrooms. 'This collaboration marks the foundation of a long-term relationship built on shared ambition and innovation,' said Hamed Zaghw, chief executive of AECOM's Middle East and Africa region. 'As SILZ Company transforms the integrated logistics landscape in Saudi Arabia, we're proud to serve as their trusted advisor, guiding vision into action and advancing a bold infrastructure strategy that supports economic vitality and international investment.' "This strategic partnership with AECOM marks a pivotal moment for SILZ Company and for Saudi Arabia's ambitious journey to become a global integrated logistics powerhouse,' said Dr. Fadi Al-Buhairan, chief executive officer, SILZ Company. 'This collaboration with AECOM, a trusted global leader in infrastructure, is instrumental in translating that bold vision into tangible action. Their expertise in project management and strategic advisory will accelerate the development of Riyadh Integrated, ensuring we deliver world-class infrastructure and services tailored for high-growth sectors.' 'We're proud to bring together our deep regional insight and global expertise to help shape the future of integrated logistics in Saudi Arabia,' said Jason Kroll, chief executive, AECOM Arabia. 'This partnership reflects the ongoing demand for our industry-leading advisory services and underscores the value we deliver as the world's top transportation design firm.' About AECOM AECOM (NYSE: ACM) is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients' complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2024. Learn more at About Special Integrated Logistics Zone Company (SILZ) The Special Integrated Logistics Zone Company (SILZ) is the developer and operator of integrated logistics zones in Saudi Arabia. Using advanced technology, industry expertise, and smart infrastructure, SILZ Company sets new efficiency and value-chain integration standards. The company aims to become the global benchmark for logistics zones by enabling sustainable, future-ready supply chains, supporting companies investing in the region, and contributing to the Kingdom's economic diversification and Saudi Vision 2030. About Riyadh Integrated - The Special Integrated Logistics Zone Riyadh Integrated, the Kingdom's first integrated logistics zone, is located just eight kilometers from King Khalid International Cargo Village. With a focus on light manufacturing, logistics, and trade, it offers a full-service ecosystem including a one-stop shop, value-added services, and competitive incentives, including 50-year tax relief and 100% foreign ownership. It is built for global industries, such as ICT, pharmaceuticals, aerospace, and more. Forward-Looking Statements All statements in this communication other than statements of historical fact are 'forward-looking statements' for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, capital allocation strategy including stock repurchases, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; potential government shutdowns, changes in administration or other funding directives and circumstances that may cause governmental agencies to modify, curtail or terminate our contracts; losses under fixed-price contracts; limited control over operations that run through our joint venture entities; liability for misconduct by our employees or consultants; changes in government laws, regulations and policies, including failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; ability to continue payment of dividends; exposure to political and economic risks in different countries, including tariffs and trade policies, geopolitical events, and conflicts; inflation, currency exchange rates and interest rate fluctuations; changes in capital markets and stock market volatility; retaining and recruiting key technical and management personnel; legal claims and litigation; inadequate insurance coverage; environmental law compliance and adequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; managing pension costs; AECOM Capital real estate development projects; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas businesses, including the risk that any purchase adjustments from those transactions could be unfavorable and result in any future proceeds owed to us as part of the transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.
