JOBY Stock Records Best Day In Three Months After First NYC Air Taxi Test But Retail Is Awaiting An FAA License

• Joby completes New York City’s first-ever point-to-point electric vertical takeoff and landing (eVTOL) air taxi demonstration. 
• Port Authority of New York and New Jersey worked with Joby to make these flights possible, advancing the path to commercial operations. 
• JOBY targets passenger flights as soon as the second half of 2026. 

Joby Aviation (JOBY) stock gained 6% on Monday and extended gains after-hours after the electric air taxi maker completed its first air taxi demonstration in New York City. 

JOBY announced the completion of the first-ever point-to-point electric vertical takeoff and landing (eVTOL) air taxi demonstration flights in New York City’s history. Eric Allison, Joby's chief product officer, said it’s a critical proof of concept, with the company targeting passenger flights in the second half of 2026. 

Retail View 

Retail sentiment on Stocktwits around was ‘extremely bullish’ with ‘extremely high’ message volumes at the time of writing. 

One user is optimistic about the potential upside in the company’s business. 

However, another user sounded skeptical since the company has yet to get FAA approval for its vehicles. 

A third user expects the stock to jump upto $50.

JOBY Test Flight Details

Joby's aircraft (N545JX) departed from John F. Kennedy International Airport (JFK) and landed across the city’s existing heliport network. Together, these sites trace some of the commercial routes the company envisions for New York, connecting Lower Manhattan and Midtown to JFK in under 10 minutes, in a bid to provide respite to one of the most congested travel routes in NYC.  

Central to Joby’s New York strategy was the 2025 acquisition of Blade Air Mobility’s passenger business, now a wholly owned subsidiary of Joby. 

Further, in March 2026, the White House selected Joby for an "Air Taxi Program" that allows it to begin operations early across 10 U.S. states.

While the company has made no sales yet, Wall Street expects it to post roughly $110 million in sales in 2026, rising to $1.1 billion by 2029 and $2 billion by 2030. Predicting aircraft certification and demand has been hard for analysts. Three years ago, the 2029 sales estimate was closer to $3 billion, according to Barron’s. 

The stock has lost 32% year-to-date. 

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