Canaccord Maintains Hold on Joby (JOBY) Amid Flight Testing Milestones

Joby Aviation Inc. (NYSE:JOBY) ranks among the stocks that could 10x over the next 10 years. Canaccord Genuity reaffirmed its Hold rating and $15.50 price target for Joby Aviation Inc. (NYSE:JOBY) on March 12, following the company’s disclosure of a major accomplishment in its aircraft testing program. Joby Aviation Inc. (NYSE:JOBY) stated that its first conforming aircraft for Type Inspection Authorization testing conducted its first test flight in Marina, California.

The company anticipates that this aircraft and five other planes in assembly will commence TIA testing with FAA pilots for credit later in 2026. Joby Aviation Inc. (NYSE:JOBY) corporate pilots will conduct ground and flying exams before FAA pilots.

Canaccord sees the impending TIA flight tests, conclusion of the Means of Compliance for the S4 eVTOL, and beginning of eIPP flight tests in the latter half of 2026 as key investor triggers for the company this year.

Joby Aviation Inc. (NYSE:JOBY) is an air mobility company that researches, develops, tests, manufactures, and sells electric vertical takeoff and landing aircraft in the US, Japan, Europe, and internationally.

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