Joby Aviation Stock (NYSE:JOBY), Trade Ideas

Joby Aviation

Joby Aviation Inc is a transportation company developing electric air taxis for commercial passenger service.

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Joby Aviation aims to revolutionize urban commuting with flying taxis, but faces regulatory hurdles and investor scrutiny as launch timelines remain uncertain.

Joby Aviation May Launch Flying Taxis By 2025 - What&#39;s Going On?

ACHR

Archer Aviation is reportedly gearing up to launch its electric air-taxi service in the United Arab Emirates (UAE) by the end of next year.

Aiming For The Skies: Archer Aviation Reportedly Eyes 2025 Air-Taxi Debut

Xpeng X2 eVTOL

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Despite the excitement, there is skepticism about the practicality and safety of flying cars. 

Flying Cars Are Here, But It May Take Some Time Before They Land

Joby Aviation Inc

<p><strong>Vincerx Pharma Inc</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VINC#NASDAQ">VINC</a>) shares are trading lower by 9.7% to $0.81 during Friday&#8217;s session after the company priced an <a href="https://investors.vincerx.com/news-releases/news-release-details/vincerx-pharma-announces-pricing-underwritten-public-offering">underwritten public offering</a>, including 6 million shares of common stock with accompanying warrants to purchase the same number of shares, and pre-funded warrants for up to 16 million shares with accompanying warrants for the same amount.</p>
<p>The combined public offering price for each share and accompanying warrant is $0.75, and for each pre-funded warrant and accompanying warrant, it is $0.7499. The pre-funded warrants have an exercise price of $0.0001 per share and can be exercised immediately until fully exercised, while the common stock warrants have an exercise price of $1.00 per share and expire five years from the date of issuance. </p>
<p>The offering is expected to raise approximately $16.5 million for Vincerx before expenses and is set to close around April 30, pending customary closing conditions. <strong>Leerink Partners</strong> is the sole bookrunning manager for the offering.</p>
<p><em>See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38463199/dan-ives-says-ai-is-the-fourth-industrial-revolution-after-robust-results-from-micr">Dan Ives Says AI Is The &#8216;Fourth Industrial Revolution&#8217; After &#8216;Robust&#8217; Results From Microsoft And Google: &#8216;1995 Moment&#8217;</a></em></p>
<h2 class="wp-block-heading">Should I Sell My VINC Stock?</h2>
<p>Whether to sell or hold a stock largely depends on an investor's strategy and risk tolerance. Swing traders may sell an outperforming stock to lock in a capital gain, while long-term investors might ride out the turbulence in anticipation of further share price growth.</p>
<p>Similarly, traders willing to minimize losses may sell a stock that falls a certain percentage, while long-term investors may see this as an opportunity to buy more shares at a discounted price.</p>
<p>Shares of Vincerx Pharma have lost 38.13% year to date. This compares to the average annual return of -62.46%, meaning the stock has outperformed its historical averages. Investors can compare a stock's movement to its historical performance to gauge whether this is a normal movement or a potential trading opportunity. </p>
<p>Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. Vincerx Pharma stock currently has an RSI of 42.77, indicating neutral conditions.</p>
<p>For analysis tools, charting data and access to exclusive stock news, check out <a href="https://pro.benzinga.com/">Benzinga PRO. Try it for free.</a></p>
<p>SOFI has a 52-week high of $9.37 and a 52-week low of $0.61.</p>


VINC

Why Vincerx Pharma (VINC) Stock Is Falling

<p>Stifel  analyst David Grossman   maintains Teladoc Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDOC#NYSE">TDOC</a>) with a Hold and lowers the price target from $21 to $16.</p>


Price Target

Analyst Ratings

TDOC

Stifel Maintains Hold on Teladoc Health, Lowers Price Target to $16

<p>Lam Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) has outperformed the market over the past 5 years by 23.27% on an annualized basis producing an average annual return of 34.83%. Currently, Lam Research has a market capitalization of $120.82 billion. </p>
<p><strong>Buying $1000 In LRCX:</strong> If an investor had bought $1000 of LRCX stock 5 years ago, it would be worth <strong>$4,483.72</strong> today based on a price of $924.18 for LRCX at the time of writing.</p>
<h3>Lam Research's Performance Over Last 5 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1714145431_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Trading Ideas

LRCX

$1000 Invested In This Stock 5 Years Ago Would Be Worth $4,500 Today

<p><strong>Ascendis Pharma's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASND#NYSE">ASND</a>) short percent of float has risen 13.75% since its last report. The company recently reported that it has <strong>3.35 million shares sold short</strong>, which is 8.52% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 11.64 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>Ascendis Pharma Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1714145425_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for Ascendis Pharma has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.</p>
<h3>Comparing Ascendis Pharma's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Ascendis Pharma's peer group average for short interest as a percentage of float is 4.96%, which means the company has <strong>more</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


Short Sellers

Short Ideas

ASND

Looking Into Ascendis Pharma's Recent Short Interest

<p>S&amp;P Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPGI#NYSE">SPGI</a>) has outperformed the market over the past 10 years by 8.41% on an annualized basis producing an average annual return of 18.85%. Currently, S&amp;P Global has a market capitalization of $130.41 billion. </p>
<p><strong>Buying $100 In SPGI:</strong> If an investor had bought $100 of SPGI stock 10 years ago, it would be worth <strong>$563.38</strong> today based on a price of $416.51 for SPGI at the time of writing.</p>
<h3>S&amp;P Global's Performance Over Last 10 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1714145425_0_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


SPGI

Here's How Much $100 Invested In S&P Global 10 Years Ago Would Be Worth Today

<p><strong>VF's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>) short percent of float has risen 13.22% since its last report. The company recently reported that it has <strong>34.05 million shares sold short</strong>, which is 9.85% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 4.89 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>VF Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1714145419_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for VF has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.</p>
<h3>Comparing VF's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, VF's peer group average for short interest as a percentage of float is 7.80%, which means the company has <strong>more</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


How Is The Market Feeling About VF?

<p><strong>Medifast's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MED#NYSE">MED</a>) short percent of float has risen 29.89% since its last report. The company recently reported that it has <strong>2.66 million shares sold short</strong>, which is 37.11% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 6.6 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>Medifast Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1714145414_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for Medifast has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.</p>
<h3>Comparing Medifast's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Medifast's peer group average for short interest as a percentage of float is 4.61%, which means the company has <strong>more</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


How Is The Market Feeling About Medifast?

<p>Stephens &amp; Co.  analyst Terry McEvoy   reiterates Associated Banc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASB#NYSE">ASB</a>) with a Equal-Weight and maintains $23 price target.</p>


Reiteration

Stephens & Co. Reiterates Equal-Weight on Associated Banc, Maintains $23 Price Target

<p>Stifel  analyst Mark Kelley   maintains Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) with a Hold and raises the price target from $12 to $13.</p>


SNAP

Stifel Maintains Hold on Snap, Raises Price Target to $13

<p>Stifel  analyst Shlomo Rosenbaum   maintains S&amp;P Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPGI#NYSE">SPGI</a>) with a Buy and raises the price target from $442 to $446.</p>


Stifel Maintains Buy on S&P Global, Raises Price Target to $446

Chevron Not Affected By Recent Sanctions, But Not Putting New Capital In Venezuela

Biotech

UPDATE: IGC Pharma Announces Interim Results For IGC-AD1 In Reducing Alzheimer's Agitation; Results Indicate That IGC-AD1 Clinically Reduced Agitation Compared To Placebo, Was Previously Announced On March 20, 2024

<p>Stifel  analyst Jim Duffy   maintains Revolve Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RVLV#NYSE">RVLV</a>) with a Buy and raises the price target from $20 to $24.</p>


RVLV

Stifel Maintains Buy on Revolve Gr, Raises Price Target to $24

<p>Stephens &amp; Co.  analyst John Campbell   reiterates AppFolio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APPF#NASDAQ">APPF</a>) with a Overweight and maintains $241 price target.</p>


APPF

Stephens & Co. Reiterates Overweight on AppFolio, Maintains $241 Price Target

<p><strong>iClick Interactive Asia Group Ltd</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICLK#NASDAQ">ICLK</a>) shares are trading lower by 54.5% to $1.15 during Friday&#8217;s session after the company announced the termination of its <a href="https://www.benzinga.com/pressreleases/24/04/n38457411/iclick-interactive-asia-group-limited-announces-termination-of-merger-agreement">merger agreement</a> with <strong>TSH Investment Holding Limited</strong> and <strong>TSH Merger Sub Limited</strong>. </p>
<p>Despite fulfilling the necessary conditions and indicating readiness to proceed with the closing, the Parent and Merger Sub did not finalize the process within the specified timeframe. </p>
<p>In response, iClick, acting upon the recommendation of a Special Committee, has exercised its right to terminate the agreement. They have demanded a termination fee of $1.8 million from the Parent. This termination means that the proposed merger will not move forward as originally planned.</p>
<p><em>See Also: <a href="https://www.benzinga.com/general/macro-notification/24/04/38458581/feds-key-inflation-indicator-hits-2-8-dashes-rate-cut-hopes-traders-on-alert">Fed&#8217;s Key Inflation Indicator Hits 2.8%, Dashes Rate Cut Hopes; Traders On Alert</a></em></p>
<h2 class="wp-block-heading">Should I Sell My ICLK Stock?</h2>
<p>Whether to sell or hold a stock largely depends on an investor's strategy and risk tolerance. Swing traders may sell an outperforming stock to lock in a capital gain, while long-term investors might ride out the turbulence in anticipation of further share price growth.</p>
<p>Similarly, traders willing to minimize losses may sell a stock that falls a certain percentage, while long-term investors may see this as an opportunity to buy more shares at a discounted price.</p>
<p>Shares of iClick Interactive Asia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICLK#NASDAQ">ICLK</a>) have lost 60.91% year to date. This compares to the average annual return of -73.01%, meaning the stock has outperformed its historical averages. Investors can compare a stock's movement to its historical performance to gauge whether this is a normal movement or a potential trading opportunity. </p>
<p>Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. iClick Interactive Asia stock currently has an RSI of 14.26, indicating oversold conditions.</p>
<p>For analysis tools, charting data and access to exclusive stock news, check out <a href="https://pro.benzinga.com/">Benzinga PRO. Try it for free.</a></p>
<p>According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, SOFI has a 52-week high of $4.01 and a 52-week low of $1.06.</p>


ICLK

Why iClick Interactive Asia Shares Are Down 50%

<p>Stifel  analyst Matthew Sheerin   maintains Plexus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLXS#NASDAQ">PLXS</a>) with a Hold and raises the price target from $90 to $95.</p>


PLXS

Stifel Maintains Hold on Plexus, Raises Price Target to $95

<p>Stephens &amp; Co.  analyst Russell Gunther   reiterates Ameris (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABCB#NASDAQ">ABCB</a>) with a Equal-Weight and maintains $53 price target.</p>


ABCB

Stephens & Co. Reiterates Equal-Weight on Ameris, Maintains $53 Price Target

<p>Stifel  analyst Nathan Jones   maintains Oshkosh (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSK#NYSE">OSK</a>) with a Buy and raises the price target from $135 to $140.</p>


Stifel Maintains Buy on Oshkosh, Raises Price Target to $140

<p>Stifel  analyst Drew Crum   maintains MarineMax (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HZO#NYSE">HZO</a>) with a Buy and lowers the price target from $37 to $35.</p>


Stifel Maintains Buy on MarineMax, Lowers Price Target to $35

Guidance

Commodities

Chevron Getting Better Than Expected Permian Production Performance In First Half

Archer Aviation preps for electric air taxi operations in India in 2026

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><strong>Archer Aviation</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/achr-stock-quote/"><strong>ACHR</strong></a>) stock is in the news Friday after the electric vertical takeoff and landing (eVTOL) company announced plans to <a href="https://seekingalpha.com/news/4091497-archer-aviation-preps-for-electric-air-taxi-operations-in-india-in-2026">expand its business to India</a>.</p>



<p>According to recent comments from Archer Aviation CEO Adam Goldstein, the company is looking to hold a trial for its aircraft in the country next year. That would see it prepare for a commercial launch of an air taxi service starting in 2026.</p>



<p>If all goes well, this would make India the first international air taxi service Archer Aviation launches. However, it won&rsquo;t be the first market it operates in. The company is seeking to start its air taxi service in the U.S. next year.</p>



<p>Archer Aviation will also face competition in India from <strong>Joby Aviation</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/joby-stock-quote/"><strong>JOBY</strong></a>). Both companies want to offer air taxi services in India using their eVTOLs.</p>



<h2>What This Means for ACHR Stock</h2>



<p>Archer Aviation&rsquo;s decision to expand its business to India could be a positive catalyst for ACHR stock. Even so, traders want to see how the company handles commercial flights before putting too much faith in the stock.</p>



<p>As a result, shares of ACHR stock are down 1.7% on Friday afternoon despite the expansion news. This also comes with a low trading volume of 1.5 million shares as compared to a daily average of 5.6 million units.</p>



<p>We have even more of the most recent stock market stories that traders need to know about on Friday!</p>



<p>InvestorPlace is home to all of the hottest stock market stories available today. Among that is what has shares of <strong>Super Micro Computer</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/smci-stock-quote/"><strong>SMCI</strong></a>), <strong>J. M. Smucker</strong>&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/sjm-stock-quote/"><strong>SJM</strong></a>) and <strong>Fisker</strong>&nbsp;(OTCMKTS:<a href="https://investorplace.com/stock-quotes/fsrn-stock-quote/"><strong>FSRN</strong></a>) stock in the news today. All of that info is ready at the links below!</p>



<h2>More Friday Stock Market News</h2>



<ul><li><a href="https://investorplace.com/2024/04/why-is-super-micro-computer-smci-stock-down-18-today/">Why Is Super Micro Computer (SMCI) Stock Down 18% Today?</a></li>



<li><a href="https://investorplace.com/2024/04/j-m-smucker-layoffs-2024-what-to-know-about-the-latest-smucker-job-cuts/">J. M. Smucker Layoffs 2024: What to Know About the Latest Smucker Job Cuts</a></li>



<li><a href="https://investorplace.com/2024/04/why-fisker-stock-is-up-100-over-the-past-5-trading-days/">Why Fisker Stock Is Up 100% Over the Past 5 Trading Days</a></li>
</ul><p><em>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em></p>
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	<p>The post <a href="https://investorplace.com/2024/04/achr-stock-alert-archer-aviation-preps-for-expansion-in-india/">ACHR Stock Alert: Archer Aviation Preps for Expansion in India</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

ACHR Stock Alert: Archer Aviation Preps for Expansion in India

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Looking for underpriced <a href="https://investorplace.com/industries/consumer-discretionary/automotive/flying-cars/">flying car stocks</a>? You&rsquo;ve come to the right place. This article dials in on eVTOL stocks worth buying. The term eVTOL, which stands for electric vehicle take-off and landing, represents a revolutionary industry aiming to commercialize flying cars.</p>



<p>Although it has yet to prove itself, the eVTOL industry is forecasted to grow at a staggering annualized rate of&nbsp;<a href="https://www.factmr.com/report/evtol-aircraft-market#:~:text=eVTOL%20Aircraft%20Market%20Outlook%20(2024,2034%20for%20eVTOL%20aircraft%20sales." target="_blank">21.5%</a>&nbsp;until 2034.&nbsp;This&nbsp;projected growth rate has lured new eVTOL stock listings, all looking to capitalize on the phenomenon.&nbsp;However, high-quality eVTOL stocks&nbsp;remain scarce. However, here are three flying car stocks that are worth considering in the second quarter.</p>



<h2>Joby Aviation (JOBY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/11/joby1600-2-300x169.png" alt="Smartphone with logo of American eVTOL company Joby Aviation on screen in front of business website. Focus on center-left of phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div><p><strong>Joby Aviation</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/joby-stock-quote/"><strong>JOBY</strong></a></span>) is a venture-backed flying car company with immense potential.&nbsp;Broadly speaking,&nbsp;the company&rsquo;s <a href="https://www.jobyaviation.com/news/joby-completes-flight-of-more-than-150-miles/">vehicles</a> are pilot-operated, carry four passengers and reach up to 200 miles per hour.</p>



<p>The company realized its first revenues in its fourth quarter, revealing a top-line figure of&nbsp;<a href="https://seekingalpha.com/news/4069874-joby-aviation-gaap-eps-of-017-beats-by-002-revenue-of-103m-beats-by-03m" target="_blank">$1.03 million</a>. Despite its successful quarter, Joby is awaiting regulatory approval for its air taxi service, meaning most of its revenue derives from services provided to&nbsp;<a href="https://seekingalpha.com/news/4066152-upcoming-earnings-joby-aviation-to-report-first-revenue-in-q4" target="_blank">government-directed flights</a>. </p>



<p>It was reported&nbsp;in November that Joby&rsquo;s government-contracted services pipeline is worth&nbsp;a hefty&nbsp;<a href="https://seekingalpha.com/news/4066152-upcoming-earnings-joby-aviation-to-report-first-revenue-in-q4" target="_blank">$163 million</a>. However, Joy&rsquo;s air tax approval will be a game-changer, as the United Arab Emirates recently awarded it a <a href="https://ir.jobyaviation.com/news-events/press-releases/detail/87/joby-to-launch-air-taxi-service-in-uae">six-year exclusive rights contract</a>, starting in 2025.&nbsp;As a result, we&rsquo;ll&nbsp;likely&nbsp;see the stock reach its full potential once aviation regulators approve the concept.</p>



<p>Joby&rsquo;s stock has dipped below its 10-, 50-, 100- and 200-day&nbsp;<a href="https://seekingalpha.com/symbol/JOBY/momentum/performance" target="_blank">moving averages</a>. Moreover, Joby has a relative strength index value of 27.66.&nbsp;This&nbsp;could mean that Joby&rsquo;s stock is spiraling. However, it could be said that Joby&rsquo;s stock is underpriced and ready to rumble.</p>



<h2>Vertical Aerospace (EVTL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/12/evtl-stock-1-300x169.jpg" alt="The logo for Vertical Aerospace (EVTL) displayed on a smartphone screen."><div>Source: T. Schneider / Shutterstock.com</div></div><p><strong>Vertical Aerospace</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/evtl-stock-quote/"><strong>EVTL</strong></a></span>) is a British aero manufacturer&nbsp;partaking&nbsp;in&nbsp;the eVTOL industry.&nbsp;The firm&rsquo;s designs look more chopper-like than vehicle-esque. However, its concept is similar to that of other vertical take-off and landing pioneers.</p>



<p>Although slightly behind Joby Aviation&rsquo;s developmental process, Vertical Aerospace&nbsp;is set&nbsp;to deliver its commercial services by<a href="https://aviationweek.com/aerospace/advanced-air-mobility/vertical-aerospace-certification-timeline-slips-2026" target="_blank">&nbsp;late 2026</a>. Numerous&nbsp;<a href="https://www.flyingmag.com/u-k-government-allots-10m-for-vertical-aerospace-electric-air-taxi-propeller-project/#:~:text=By%20its%20own%20estimate%2C%20Vertical,pushed%20from%202024%20to%202026." target="_blank">reports suggested</a>&nbsp;that the company&rsquo;s delayed timeline could lead to solvency issues.&nbsp;However, a recent <a href="https://www.flyingmag.com/u-k-government-allots-10m-for-vertical-aerospace-electric-air-taxi-propeller-project/#:~:text=Of%20the%20more%20than%20%2425,awarded%20to%20other%20consortium%20members.">$10 million</a> allotment from the UK Government and a new&nbsp;<a href="https://seekingalpha.com/news/4070798-vertical-aerospace-secures-50m-funding-from-founder-and-ceo-stephen-fitzpatrick" target="_blank">$50 million</a>&nbsp;investment from its founder, Stephen Fitzpatrick, suggests solvency issues&nbsp;remain astray.</p>



<p>There&rsquo;s no doubting Vertical Aerospace&rsquo;s ambition. Sure,&nbsp;its status as a going concern can be questioned. Additionally, timeline risk must&nbsp;be considered,&nbsp;as competition in the flying car industry is heating up. </p>



<p>However,&nbsp;keep in mind&nbsp;that Vertical Aerospace is a government-backed company with a proof of concept, meaning it has an abundance of operational credibility.</p>



<p>EVTL stock slid below its 10-, 50-, and 200-day <a href="https://seekingalpha.com/symbol/EVTL/momentum/performance">moving averages</a>, after losing about 65% of its market value in the past year.&nbsp;However,&nbsp;an oversold opportunity has presented itself in this EVTL stock, especially considering its newly capitalized balance sheet</p>



<h2>EHang Holdings (EH)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/10/eh1600-1-300x169.png" alt="Flying taxi or Car-drone-EHang 216 exhibited by Prestige Image Motor Cars at the 2023 Indonesia International Motor Show (IIMS) at JIExpo Kemayoran. EH stock"><div>Source: Toto Santiko Budi / Shutterstock.com</div></div><p><strong>EHang</strong>&nbsp;(NASDAQ:<strong><a href="https://investorplace.com/stock-quotes/eh-stock-quote/" target="_blank">EH</a></strong>) is a Chinese firm operating the world&rsquo;s largest autonomous aerial vehicle platform. Unlike the previous stocks, EHang is a momentum play. The stock has surged by almost <a href="https://investorplace.com/stock-quotes/eh-stock-quote/">60%</a> in the past year, sending it above its 50-, 100-, and 200-day&nbsp;<a href="https://seekingalpha.com/symbol/EH/momentum/performance" target="_blank">moving averages</a>. This trend is probably not breaking anytime soon, and here&rsquo;s why.</p>



<p>EHang has cornered a growing market, leading to robust fundamentals,&nbsp;illustrated by its fourth-quarter earnings report, which communicated&nbsp;<a href="https://seekingalpha.com/article/4678533-ehang-holdings-limited-eh-q4-2023-earnings-call-transcript" target="_blank">$7.87 million</a>&nbsp;in quarterly revenue. This represents a 2.45 times year-over-year increase.</p>



<p>Furthermore, EHang operates&nbsp;a nimble&nbsp;business model, allowing it a gross profit margin of&nbsp;<a href="https://seekingalpha.com/symbol/EH/profitability" target="_blank">64.13%</a>. Sure, the company has yet to reach profitability, but scale is of the essence now. EHang&rsquo;s business is supported by <a href="https://www.ehang.com/news/1057.html">various</a> public-private initiatives, meaning it&nbsp;is heavily capitalized. </p>



<p>Additionally, the firm is obtaining regulatory approval for ramp-ups at various mass production facilities, including the <a href="https://www.ehang.com/news/1021.html">Yunfu production base</a>. As such, we could see the firm deliver a profitable income statement in due course.</p>



<p>EH stock&rsquo;s price-to-sales ratio of about&nbsp;<a href="https://finance.yahoo.com/quote/EH/" target="_blank">65.58&nbsp;</a>suggests investors are still waiting to get bang for their buck. However, the firm&rsquo;s recent scale phases out its price multiple risk.</p>



<p>We are looking at a solid buy here.</p>



<p><em>On the date of publication, Steve Booyens did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a></em>.</p>
<div><p>Steve Booyens co-founded Pearl Gray Equity and Research in 2020 and has been responsible for institutional equity research and PR ever since. Before founding the firm, Steve spent time working in various finance roles in London and South Africa. He holds an MSc in Investment Banking from Queen Mary &ndash; University of London. Furthermore, Steve has passed all CFA Levels and is working toward his Ph.D. in Finance. His articles are published on various reputable web pages such as Seeking Alpha, TipRanks, Yahoo Finance, and Benzinga. Steve&rsquo;s articles on InvestorPlace form an interesting juxtaposition between mainstream opinion and objective theory. Readers can expect coverage on frequently traded stocks, REITs, fixed-income funds, CEFs, and ETFs.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/3-flying-car-stocks-to-buy-now-q2-edition/">3 Flying Car Stocks to Buy Now: Q2 Edition</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

3 Flying Car Stocks to Buy Now: Q2 Edition

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Electric cars have taken over the cultural zeitgeist the past several years, thanks to famous manufacturers like <strong>Tesla</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/tsla-stock-quote/"><strong>TSLA</strong></a></span>). However, now might be time for investors to look for the next big thing. Flying car, or electric vertical takeoff and landing (eVTOL), aviation companies are some of the fastest-growing stocks with multibagger potential in the transportation industry. The sector could help move a large number of people around cities in the coming decades. The eVTOL market size was about $10.9 billion in 2022 and will probably <a href="https://www.globenewswire.com/en/news-release/2023/11/01/2771340/28124/en/Global-eVTOL-Aircraft-Market-Soars-to-10-9-Billion-in-2022-Expected-to-Reach-24-1-Billion-by-2028.html">increase</a> to $24.1 billion in 2024. With enough investment and consumer interest, this nascent market could become a force to be reckoned with.</p>



<p>Despite the field being relatively small, there are potential multibagger <a href="https://investorplace.com/industries/consumer-discretionary/automotive/flying-cars/">flying car stocks</a> to consider for a long-term investment.</p>



<h2>EHang (EH)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/10/eh1600-1-300x169.png" alt="Flying taxi or Car-drone-EHang 216 exhibited by Prestige Image Motor Cars at the 2023 Indonesia International Motor Show (IIMS) at JIExpo Kemayoran. EH stock"><div>Source: Toto Santiko Budi / Shutterstock.com</div></div><p>China-based&nbsp;<strong>EHang</strong>&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/eh-stock-quote/"><strong>EH</strong></a>) manufactures autonomous aerial vehicles (AAVs) for tourism, logistics and emergency response applications. Unlike many AAV manufacturers, EHang has delivered several products and generated sales. Toward the end of last year, EHang received airworthiness certification from China&rsquo;s aviation safety authority, making it the first company in the world to receive such a certification. The safety certification came after a number of compliance and safety assessments. Moreover, EHang&rsquo;s third quarter results saw the AAV manufacturer&nbsp;deliver&nbsp;<a href="https://ir.ehang.com/news-releases/news-release-details/ehang-reports-third-quarter-2023-unaudited-financial-results" target="_blank">13 AAVs</a>, a notable increase over the 4 AAVs delivered during the same period in 2022.</p>



<p>The eVTOL firm&rsquo;s <a href="https://ir.ehang.com/static-files/6871dd71-1aa3-4738-886f-c7ab20ebe789">Q4 earnings report</a> came out in mid-March and was a pleasant surprise for investors. Not only did revenue reach record levels, but the company&rsquo;s net loss narrowed, which is what shareholders would like to see in a start-up firm.&nbsp;In particular, EHang generated RMB117.4 million, which represented an increase of 165% from RMB44.3 million in 2022. EHang also delivered 23 AAVs in Q4, which brought the 2023 total to 52 sold and delivered to customers. Bringing their overall total in 2023 to 31 more than in 2022.</p>



<p>EHang shares are up 4.11%, beating the Nasdaq&rsquo;s 3.89% YTD performance figure. While its share price may be in choppy waters in the near term, like much of the market, EHang presents a good long-term investment opportunity in a nascent but growing market.  </p>



<h2>Joby Aviation (JOBY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/11/joby1600-2-300x169.png" alt="Smartphone with logo of American eVTOL company Joby Aviation on screen in front of business website. Focus on center-left of phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div><p><strong>Joby Aviation</strong>&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/joby-stock-quote/"><strong>JOBY</strong></a>) has continued to build the eVTOL space here in the U.S. In particular, this California-based company aims to create a scalable eVTOL aircraft that can carry passengers and cargo over short distances.</p>



<p>The company has made significant strides in preparing cities across the U.S. for flying taxi infrastructure. In mid-January, Joby&nbsp;<a href="https://www.jobyaviation.com/news/joby-and-atlantic-aviation-collaborate-electrify-infrastructure/">announced a partnership</a>&nbsp;with&nbsp;eVTOL company&nbsp;<strong>Atlantic</strong>&nbsp;to electrify current aviation infrastructure in southern California and New York. This would eventually pave the way for Joby to kickstart the release of its long-awaited air taxi service. Furthermore,&nbsp;Joby <a href="https://www.theverge.com/2024/2/12/24071060/joby-signs-a-deal-to-launch-air-taxi-service-in-dubai-by-2026" target="_blank">signed a contract</a>&nbsp;with Dubai&rsquo;s Road and Transport Authority&nbsp;to give the start-up exclusive rights to launch and run an air taxi service in the UAE&rsquo;s flagship city for six years. The air taxi service should launch by the end of next year. In other words, Joby expects the UAE to be its debut launch market.</p>



<p>While Joby is definitely still pre-revenue, these various partnerships give us a glimpse into the company&rsquo;s long-term potential as a major player in the nascent space. Joby&rsquo;s share price is down nearly 32% in 2024, likely due to investors becoming weary of non-cash flow generating companies. Still, Joby provides a unique long-term opportunity for investors.</p>



<h2>Embraer (ERJ)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/06/erj-stock-300x169.jpg" alt="The Embraer Logo"><div>Source: testing / Shutterstock.com</div></div><p><strong>Embraer</strong>&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/erj-stock-quote/"><strong>ERJ</strong></a>), is a commercial and defense aircraft designer and manufacturer based in Brazil. The release of its new passenger jet, the E195-E2, and the subsequent&nbsp;$1.2 billion sale to <strong>Porter Airlines</strong> has helped the aircraft company build backlog and gain traction in the space. The company <a href="https://simpleflying.com/embraer-revenue-commercial-jets-in-2023/">generated</a> $1.8 billion in revenue from commercial aircraft in 2023 off the demand of its new jet. However, outside of making commercial and defense aircraft, Embraer has dipped its toes into the eVTOL market.</p>



<p>The aircraft manufacturer&rsquo;s subsidiary <strong>Eve</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/evex-stock-quote/"><strong>EVEX</strong></a></span>) works directly in the eVTOL space and has recently <a href="https://www.reuters.com/business/aerospace-defense/embraers-eve-says-it-signed-letter-intention-with-airx-sell-up-50-evtol-2024-04-17/">signed an agreement</a> with Japan&rsquo;s public helicopter charter service company <strong>AirX</strong> to sell up to 50 eVTOLs. If you&rsquo;re an investor, it might be a conundrum to choose whether to invest directly into Eve or its parent company. For me, it&rsquo;s simple. Embraer is the parent company and plays a significant role in the production of Eve&rsquo;s products, which counts Embraer as a player in the eVTOL space. Moreover, exposure to Embraer&rsquo;s eVTOL innovations along with its growth in other sectors (e.g. commercial aviation) could be a less risky investment play in the long term.</p>



<p><em>On the date of publication, Tyrik Torres&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.</em></p>
<div><p>Tyrik Torres has been studying and participating in financial markets since he was in college, and he has particular passion for helping people understand complex systems. His areas of expertise are semiconductor and enterprise software equities. He has work experience in both investing (public and private markets) and investment banking.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/3-flying-car-stocks-that-could-be-multibaggers-in-the-making-april-edition/">3 Flying Car Stocks That Could Be Multibaggers in the Making: April Edition</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

3 Flying Car Stocks That Could Be Multibaggers in the Making: April Edition

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Artificial intelligence (<span>AI</span>) may have been the name of the game for the past year or so, but it&rsquo;s not the only game in town. Wall Street has been watching other sectors for growth opportunities, particularly as valuations have gotten into the nose-bleed section.&nbsp;</p>



<p>As much of a rocketship as <strong>Nvidia</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/nvda-stock-quote/"><strong>NVDA</strong></a></span>) stock was, it was not cheap by any stretch. Even with shares in official correction territory and down 20% from their all-time high, the AI stock still goes for 65 times earnings, 32 times sales and 72 times the free cash flow it produces. That&rsquo;s hardly a bargain-basement valuation.</p>



<p>Because there are more fish to fry with potential big gains to be made, <strong>JPMorgan Chase</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/jpm-stock-quote/"><strong>JPM</strong></a></span>) analysts cast a wide net when looking for stocks to recommend. While investors always need to be careful when looking at analyst recommendations because their firms may have a financial interest in boosting a stock, here are three stocks the white shoe firm says can grow 53% or more over the next year.</p>



<h2>Archer Aviation (ACHR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/10/achr1600-2-300x169.png" alt="Person holding cellphone with logo of American eVTOL aircraft company Archer Aviation Inc. (ACHR) on screen in front of webpage. Focus on phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div><p>The electric vertical takeoff and landing (<span>eVTOL</span>) industry hasn&rsquo;t even taxied onto the runway yet. Still, JPMorgan analyst Reginald Smith says <strong>Archer Aviation</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/achr-stock-quote/"><strong>ACHR</strong></a></span>) will be one of the companies that will help it take flight. The Wall Street Pro has a buy rating on the stock and set an $8 per share one-year price target. That implies a 118% upside over the next year and is worth looking at more closely.</p>



<p>Like fellow eVTOL stock <strong>Joby Aviation</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/joby-stock-quote/"><strong>JOBY</strong></a></span>), Archer is wending its way through the regulatory labyrinth the Federal Aviation Administration devised before it can get airborne. Archer says it is on track to launch its commercial robotaxi service after gaining flight certification next year.&nbsp;</p>



<p>The eVTOL has important industry backing from automakers, airlines, NASA, and the U.S. Air Force. Archer says it has an <a href="https://investorplace.com/2024/04/amc-archer-and-xpeng-the-trio-thats-got-wall-street-analysts-buzzing/">order book for 700 aircraft</a> once it receives FAA approval, the United Arab Emirates will let it launch its service once the FAA gives it the green light and <strong>Stellantis</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/stla-stock-quote/"><strong>STLA</strong></a></span>) is financing the construction of a state-of-the-art manufacturing facility.</p>



<p>Creating something out of nothing could be risky, but Archer Aviation stock could pay off handsomely for early investors.</p>



<h2>Baidu (BIDU)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/bidu-stock-300x169.jpg" alt="A Baidu (BIDU) sign outside a company office in Shenzhen, China."><div>Source: StreetVJ / Shutterstock.com</div></div><p>Considering the rising trade and geopolitical tension between the U.S. and China, picking Chinese search engine <strong>Baidu</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/bidu-stock-quote/"><strong>BIDU</strong></a></span>) as a winning investment may seem counterintuitive for JPMorgan. Yet analyst Alex Yao has a buy rating and a $185 per share price target on the stock, suggesting a 91% upside potential.</p>



<p>Expecting a stock to double is not a rarity. Wall Street, though, tends to be a bit more timid in its outlook. Analysts often prefer singles and doubles rather than swinging for the fences, so let&rsquo;s see why Baidu earns such big marks.</p>



<p>AI is likely the reason behind this pick. Just as nascent technology is influencing everything stateside, so is it having an impact overseas. Baidu promises to infuse its services with AI at every turn and is already doing so by leaps and bounds. Co-founder and CEO Robin Li previously said AI will &ldquo;set the stage for sustained multi-year revenue and profit expansion within&rdquo; Baidu&rsquo;s Ernie ecosystem. Ernie is the company&rsquo;s version of ChatGPT. Ernie Bot has <a href="https://www.reuters.com/technology/baidu-says-ai-chatbot-ernie-bot-has-amassed-200-million-users-2024-04-16/">already attracted 200 million daily users</a>.</p>



<p>With the stock trading at 8 times next year&rsquo;s earnings and less than the cash it has in the bank, Baidu does seem cheaply valued.&nbsp;</p>



<h2>RIOT Platforms (RIOT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/07/riot1600-300x169.png" alt="In this photo illustration, the Riot Platforms (RIOT) logo is displayed on a smartphone screen."><div>Source:  rafapress / Shutterstock.com</div></div><p>Analyst Smith is also hyped about the potential <strong>RIOT Platforms</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/riot-stock-quote/"><strong>RIOT</strong></a></span>) can bring to the market. He recently tweaked his price target on the cryptocurrency miner, raising it by $1 to $16 per share. He also reiterated his outperform rating on the stock. That gives RIOT a 49% upside if his thesis plays out correctly.</p>



<p>Considering last week&rsquo;s <strong>Bitcoin</strong> (<span><a href="https://investorplace.com/cryptocurrency/usd-btc/"><strong>USD-BTC</strong></a></span>) halving event, you would not expect him to be so confident. Miners will see their Bitcoin rewards cut in half. Instead of receiving the current 6.25 bitcoins per block, RIOT will only receive 3.125 bitcoins. Yet Smith was adamant.</p>



<p>&ldquo;$RIOT enjoyed lowest power costs per coin mined in 2023,&rdquo; he told investors in a <a href="https://invezz.com/news/2024/04/22/riot-stock-overweight-bitcoin-halving-2024/">research note</a>. &ldquo;Post-halving, we expect it to be [among] two lowest cost producers given its scale and attractive power contracts.&rdquo;</p>



<p>RIOT Platforms stock soared, rising 13% on the news. That&rsquo;s not nearly enough to wipe out the trading deficit it has racked up. Shares are down 50% from<span><a href="https://investorplace.com/cryptocurrency//"></a></span> their 52-week high. But if the JPMorgan analyst is right, the halving event could see RIOT stock achieving break-even status.</p>



<p><em>On the date of publication, Rich Duprey did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.</em></p>
<div><p>Rich Duprey has written about stocks and investing for the past 20 years. His articles have appeared on Nasdaq.com, The Motley Fool, and Yahoo! Finance, and he has been referenced by U.S. and international publications, including MarketWatch, Financial Times, Forbes, Fast Company, USA Today, Milwaukee Journal Sentinel, Cheddar News, The Boston Globe, L&rsquo;Express, and numerous other news outlets.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/jpmorgan-chase-says-buy-these-3-stocks-for-double-digit-returns/">JPMorgan Chase Says Buy These 3 Stocks for Double-Digit Returns</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

JPMorgan Chase Says Buy These 3 Stocks for Double-Digit Returns

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Volatility is rising in the stock market. Between the recent hot inflation data and mounting geopolitical tensions, investors are starting to reassess the broader economic environment. </p>



<p>It seems that the Federal Reserve might not come through with previously anticipated interest rate cuts. This, in turn, has the potential to greatly reduce the speculative juices in the stock market. Throw in some softness in leading <a href="https://investorplace.com/industries/technology/artificial-intelligence/">AI stocks</a>, and the market&rsquo;s red flags are mounting.</p>



<p>Investors should be repositioning their portfolios accordingly. Some of the companies at highest risk today are those that have weak fundamentals. Rather, their shares have found support primarily due to meme trading, short squeezes and other such exogenous factors. </p>



<p>But the stock market&rsquo;s bull run is now in danger. It&rsquo;s time to throttle back risk exposure, making it an opportune moment to sell these three <a href="https://investorplace.com/stock-types/meme-stocks/">meme stocks</a> before they utterly implode like <strong>AMC Entertainment</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/amc-stock-quote/"><strong>AMC</strong></a></span>).</p>



<h2>Carvana (CVNA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/11/cvna1600-300x169.png" alt="Carvana (CVNA) automobile dealership vending machine. Carvana is an online-only used car dealer."><div>Source: Ken Wolter / Shutterstock.com</div></div><p><strong>Carvana</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/cvna-stock-quote/"><strong>CVNA</strong></a></span>) has had a breathtaking run over the past year with this stock rising approximately 700%. Simply incredible stuff. </p>



<p>Unfortunately, there&rsquo;s scant little fundamental cause to justify a move of any such magnitude. Carvana, as a retailer with its unique car vending machines, has created a distinct marketplace for used cars. It also purchases used vehicles directly from individuals, sometimes at <a href="https://www.theverge.com/22923871/carvana-pandemic-used-car-prices-sold-online-chip-shortage">surprisingly high prices</a>.</p>



<p>If operated judiciously, this business model might be a winner. But, the issue is that the firm is incredibly levered and barely profitable. In fact, it had to fight off <a href="https://www.cnbc.com/2024/02/02/carvana-leaner-and-ready-for-wall-street-redemption.html">bankruptcy concerns</a> not too long ago. Carvana barely squeezed out a small profit last year despite an exceptionally favorable car market and elevated levels of consumer spending.</p>



<p>Given high interest rates and the potential for significantly declining consumer discretionary spending, it seems Carvana probably has already enjoyed the best market conditions it could hope for. If it couldn&rsquo;t squirrel away large profits when the sun was shining, a storm could devastate the firm. Things are likely to get worse from here, and analysts agree. They model Carvana falling back into <a href="https://seekingalpha.com/symbol/CVNA/earnings/estimates">loss-making territory</a> this year. Furthermore, analysts expect Carvana to generate large losses in 2025 and 2026 as well.</p>



<p>In addition, the stock has been bolstered by a massive short squeeze. <a href="https://www.benzinga.com/quote/CVNA/short-interest">32% of the float</a> has been sold short and that&rsquo;s rocket fuel on the way up. But this factor could lead to an equally rapid descent when momentum runs in reverse. </p>



<h2>Beyond Meat (BYND)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/10/bynd1600-300x169.png" alt="Person holding mobile phone with logo of American meat substitute company Beyond Meat Inc. (BYND) on screen in front of web page. Focus on phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div><p>Years ago, <strong>Beyond Meat</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/bynd-stock-quote/"><strong>BYND</strong></a></span>) was a hot new IPO that sought to revolutionize the protein market. Many people thought plant-based burgers and sausages would be a serious competitive threat to traditional animal meats as time went on. </p>



<p>This is becoming increasingly less likely. Beyond Meat&rsquo;s partnerships with restaurants largely <a href="https://www.cnbc.com/2022/07/28/beyond-meat-stock-falls-after-conclusion-of-mcdonalds-mcplant-test.html">failed</a> to move the needle. Sales at grocery stores have also <a href="https://www.thestreet.com/restaurants/beyond-meat-responds-to-low-sales-and-customers-may-not-like-it">declined</a> as Beyond Meat has struggled to find traction outside of its dedicated, but small, vegan and vegetarian fanbase.</p>



<p>Simply put, alternative proteins haven&rsquo;t found the right product, quality and price mix to garner significant market adoption from omnivores. Beyond Meat has always had massive overhead and low operating margins, resulting in the company losing hundreds of millions of dollars per year.</p>



<p>That was somewhat acceptable when revenues were rising and Beyond Meat could hope to reach operating scale and overcome its financial travails. </p>



<p>Now, though, the bloom is off the rose. Beyond Meat&rsquo;s revenues plunged from $465 million in 2021 to just $343 million in 2023. Analysts expect another decline to $329 million in 2024.</p>



<p>BYND stock soared on <a href="https://investorplace.com/2024/02/why-is-beyond-meat-bynd-stock-up-62-today/">a short squeeze</a> earlier this year, but it&rsquo;s already given back those gains, and there&rsquo;s little fundamental reason for optimism. Traders should look to exit this meme stock before it goes from bad to worse.</p>



<h2>Joby Aviation (JOBY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/05/joby-stock-300x169.jpg" alt="A Joby Aviation (JOBY Stock) air taxi on display."><div>Source: T. Schneider / Shutterstock.com</div></div><p><strong>Joby Aviation</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/joby-stock-quote/"><strong>JOBY</strong></a></span>) is a venture stage company attempting to commercialize electric vehicles for short range flights. The idea is that passengers can use Joby vehicles to get from an airport to a destination close to their house or office, for example.</p>



<p>In theory, this sort of electric vehicle could transform the <a href="https://www.afar.com/magazine/what-exactly-are-air-taxis-and-where-are-they">urban taxi market</a>, at least on certain popular high-volume routes. However, it remains to be seen if these sorts of vehicles will be more commercially viable than helicopters. </p>



<p>Needless to say, private helicopters services have existed for decades and remain a niche. It seems there simply aren&rsquo;t that many consumers that have the money or the willingness to pay for short range private flights. </p>



<p>Joby and other eVTOL players are hoping that the electrification of the private aircraft will lead to adoption as it can address some noise and environmental concerns. But commercial proof of concept remains lacking. Additionally, short sellers have taken Joby to task <a href="https://investorplace.com/2023/10/kerrisdale-slams-joby-aviation-joby-stock-in-new-short-report/">citing concerns</a> both on the cost of the vehicles and with eventual passenger demand.</p>



<p>Despite having virtually no revenues and losing approximately $500 million per year, Joby retains a massive market capitalization. Simply put, a $3 billion market cap is a gigantic speculative bet on a company that may well not amount to much in the end. Put another way, traders should get out of JOBY stock before the broader economy turns downward and these sorts of highly speculative concept stocks totally implode.</p>



<p><em>On the date of publication, Ian Bezek did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.</em></p>
<div><p>Ian Bezek has written more than 1,000 articles for InvestorPlace.com and Seeking Alpha. He also worked as a Junior Analyst for Kerrisdale Capital, a $300 million New York City-based hedge fund. You can reach him on Twitter at @irbezek.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/3-meme-stocks-to-dump-in-april-before-they-become-the-next-amc/">3 Meme Stocks to Dump in April (Before They Become the Next AMC)</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

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<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>When <strong>Tesla</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/tsla-stock-quote/"><strong>TSLA</strong></a></span>) stock got listed, the story was shrouded by skepticism. There were doubts on the industry growth and the company&rsquo;s ability to move over a massive cash burn. However, TSLA stock turned out to be a wealth creator. Irrespective of its current challenges, early entrants in TSLA would have made millions. I see a similar story panning out for selected <a href="https://investorplace.com/industries/consumer-discretionary/automotive/flying-cars/">flying car stocks</a>.</p>



<p>It&rsquo;s 2024 and some of the best flying car companies are targeting commercialization within the next 12 to 18 months. Could this be signaling the beginning of a growth story likely to last decades? Estimates point to the global flying car industry being <a href="https://asia.nikkei.com/Business/China-tech/China-s-flying-car-developers-ready-for-takeoff-in-2025">worth $9 trillion by 2050</a>.</p>



<p>For now, let&rsquo;s examine potential value that can be created by the end of the decade. The top flying car companies will witness multi-fold revenue growth, translating into massive upside. Have a look at three stocks that can deliver multibagger returns from current levels.</p>



<h2>EHang Holdings (EH)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/10/eh1600-1-300x169.png" alt="Flying taxi or Car-drone-EHang 216 exhibited by Prestige Image Motor Cars at the 2023 Indonesia International Motor Show (IIMS) at JIExpo Kemayoran. EH stock"><div>Source: Toto Santiko Budi / Shutterstock.com</div></div><p><strong>EHang Holdings</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/eh-stock-quote/"><strong>EH</strong></a></span>) has been relatively subdued in the last six months. I expect a strong breakout on the upside with multiple positive business developments in the recent past.</p>



<p>Earlier this month, EH <a href="https://ir.ehang.com/news-releases/news-release-details/ehang-secures-production-certificate-caac-clearing-path-mass">received the production certificate</a> from the Civil Aviation Administration of China. This will enable mass production of the eVTOL aircraft and set the stage for growth.</p>



<p>Additionally, as of July 2023, the company&rsquo;s eVTOL had <a href="https://ir.ehang.com/news-releases/news-release-details/ehang-reports-second-quarter-2023-unaudited-financial-results">conducted 39,000 demo and trial flights</a> in 14 countries across Asia, Europe and Americas. Therefore, the company is likely to be aggressive in global expansion over the next 12 to 24 months.</p>



<p>As a part of its global expansion initiative, EHang Holdings has set up an urban air mobility (<strong>UAM</strong>) center in Spain and Japan. In the United Arab Emirates (<strong>UAE</strong>), the company <a href="https://ir.ehang.com/news-releases/news-release-details/ehang-reports-fourth-quarter-and-fiscal-year-2023-unaudited">is partnered</a> with <strong>Wings Logistics Hub</strong>. It will develop the UAM and smart city management in the UAE, the Middle East and North Africa.</p>



<p>With aggressive expansion in China and clear plans for the global markets, EHang Holdings is positioning for stellar growth and value creation.</p>



<h2>Archer Aviation (ACHR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/12/achr-stock-1-300x169.jpg" alt="The logo for Archer Aviation (ACHR) displayed on a smartphone."><div>Source: T. Schneider / Shutterstock.com</div></div><p>Year-to-date (<strong>YTD</strong>), <strong>Archer Aviation</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/achr-stock-quote/"><strong>ACHR</strong></a></span>) stock has declined by 36%. This correction seems like a golden opportunity to accumulate stock. ACHR is on track for commercialization of electric vertical take-off and landing (<strong>eVTOL</strong>) aircraft in the U.S. in 2025.</p>



<p>In recent news, Archer Aviation indicated it will begin trials of its air taxis in India next year. Commercialization is <a href="https://www.airport-technology.com/news/archer-2026-launch-air-taxi-india/">expected in 2026</a> for cargo, logistics and medical emergency services.</p>



<p>Further, Archer Aviation and <strong>Falcon Aviation</strong> will be <a href="https://investors.archer.com/news/news-details/2024/Archer-and-Falcon-Aviation-to-Jointly-Develop-Vertiport-Network-in-Dubai-and-Abu-Dhabi-for-the-Launch-of-Flying-Car-Operations-in-UAE-as-Soon-as-2025/default.aspx">developing a vertiport network</a> in Dubai and Abu Dhabi for commercial operations next year. The target is to make inroads in other Middle East and North Africa markets in the next few years.</p>



<p>To scale up operations, ACHR plans to complete the Georgia eVTOL manufacturing facility in 2024. It will <a href="https://investors.archer.com/files/doc_financials/2023/q4/Shareholder-Letter-Q423-FINAL.pdf">support production</a> of up to 650 aircraft annually. Therefore, with upcoming commercialization and ambitious expansion plans, ACHR stock looks attractive.</p>



<h2>Joby Aviation (JOBY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/09/joby1600-300x169.png" alt="Joby Aviation logo. Joby Aviation is a US company creating an electric aircraft for air taxi services."><div>Source: Iljanaresvara Studio / Shutterstock.com</div></div><p><strong>Joby Aviation </strong>(NYSE:<span><a href="https://investorplace.com/stock-quotes/joby-stock-quote/"><strong>JOBY</strong></a></span>) is another hot name among flying car stocks for multibagger returns. Expect certification from the U.S. Federal Aviation Authority (<strong>FAA</strong>) in the first half of 2025.</p>



<p>As of February, the company had <a href="https://ir.jobyaviation.com/news-events/press-releases/detail/88/joby-completes-third-stage-of-faa-certification-process">completed three of five certification stages</a>. During Q4 of 2023, JOBY completed the first-ever flight of an electric air taxi in New York City.</p>



<p>Moreover, the company ended 2023 with a cash buffer of $1 billion. Therefore, ample flexibility will allow aggressive investments. Joby Aviation <a href="https://ir.jobyaviation.com/news-events/press-releases/detail/90/joby-acquires-facility-in-ohio-begins-hiring-to-support">plans to develop capability</a> to manufacture 500 eVTOL annually.</p>



<p>Finally, JOBY has <a href="https://ir.jobyaviation.com/news-events/press-releases/detail/89/joby-aviation-reports-fourth-quarter-and-full-year-2023">exclusive rights to operate air taxis</a> in the UAE for six years. Also, the company plans to expand its engagement with the U.S. Department of Defense (<strong>DOD</strong>). This will be another key catalyst for revenue growth in the coming years.</p>



<p><em>On the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em></p>
<div><p>Faisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/3-flying-car-stocks-to-buy-for-10-bagger-returns-by-2030-april-edition/">3 Flying Car Stocks to Buy For 10-Bagger Returns by 2030: April Edition</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

3 Flying Car Stocks to Buy For 10-Bagger Returns by 2030: April Edition

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Flying cars are moving closer to reality, creating a potential trillion-dollar market for some of the world&rsquo;s top <a href="https://investorplace.com/industries/consumer-discretionary/automotive/flying-cars/">flying car stocks</a>. <strong>Boeing</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/ba-stock-quote/"><strong>BA</strong></a>), for example, wants in on the market, with plans to launch flying cars in Asia by the time 2030 rolls around. <strong>XPeng</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/xpev-stock-quote/"><strong>XPEV</strong></a>) subsidiary <a href="https://asia.nikkei.com/Business/Transportation/China-s-flying-cars-ready-for-liftoff-with-EV-technology">AeroHT will reportedly start taking orders</a> for its flying cars by October, with plans to mass produce by 2025.</p>



<p>Even <a href="https://www.cnbc.com/2024/03/04/flying-car-firm-alef-hits-2850-preorders-worth-over-850-million.html">SpaceX-backed Alef Aeronautics just said it received 2,850 orders</a> for its $300,000 flying car &mdash; with a down payment of $150. Fully electric, the two-seated flying car reportedly has a driving range of 200 miles, and a flight range of about 110 miles. And just in case you don&rsquo;t have $300,000 to spend on a car, the company is working on a four-seater for $35,000.</p>



<p>The flying car market could be worth a massive $1.5 trillion market, even $2.9 trillion by 2040,&nbsp;<a href="https://www.morganstanley.com/ideas/autonomous-aircraft">according to Morgan Stanley.</a>&nbsp;If successful, flying car stocks could soar. In fact, here are three you may want to buy now.</p>



<h2><strong>Joby Aviation (<strong>JOBY</strong>)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/08/jobystock1600-300x169.jpg" alt="Person holding smartphone with logo of startup and aerospace company Joby Aviation (air taxi) on screen JOBY stock."><div>Source: T. Schneider / Shutterstock.com</div></div><p>While its chart is a mess, don&rsquo;t write off <strong>Joby Aviation</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/joby-stock-quote/"><strong>JOBY</strong></a>) just yet.</p>



<p>For one, according to the company, <a href="https://www.barrons.com/articles/joby-stock-evtol-dubai-aa62bd7e">air taxis could be a reality by 2025</a>. Two, backed by a <a href="https://www.jobyaviation.com/news/joby-and-toyota-expand-partnership-long-term-supply-agreement/">$400 million investment</a> from <strong>Toyota</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/tm-stock-quote/"><strong>TM</strong></a>) and a <a href="https://www.jobyaviation.com/news/delta-joby-aviation-partner-home-to-airport-transportation/#:~:text=Delta%20has%20made%20an%20upfront,and%20delivery%20of%20the%20service.">$60 million investment</a> from <strong>Delta Air Lines</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/dal-stock-quote/"><strong>DAL</strong></a>), JOBY is hoping to win the race in getting flying cars off the ground. In addition, JOBY will <a href="https://www.jobyaviation.com/news/joby-widens-usaf-partnership-will-deliver-two-evtol-aircraft-macdill-afb/">deliver two aircraft to the MacDill Air Force Base</a> in 2025 as part of its $131 million contract with the U.S. Air Force.</p>



<p>Better, the company recently completed Stage 3 of its certification process. It&rsquo;s now working on completing its for-credit testing with the Federal Aviation Administration (FAA). It signed a definitive agreement with Dubai that gives JOBY exclusive right to fly air taxis there for six years. Plus, at the end of 2023, JOBY had $1 billion in cash and short-term investments.</p>



<p>Earnings haven&rsquo;t been too shabby either. In its fourth quarter, the company&rsquo;s earnings per share loss of 17 cents beat by two cents. Revenue of $1.03 million beat by $300,000.&nbsp;</p>



<h2><strong>Archer Aviation (<strong>ACHR</strong>)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/08/achr1600-1-300x169.png" alt="Archer Aviation's (ACHR) Evtol aircraft displayed at Paris airshow."><div>Source: Aerospace Trek / Shutterstock.com</div></div><p><strong>Archer Aviation</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/achr-stock-quote/"><strong>ACHR</strong></a>) chart isn&rsquo;t much better. But I wouldn&rsquo;t write this one off either.</p>



<p>For one, it&rsquo;s <a href="https://seekingalpha.com/news/4091497-archer-aviation-preps-for-electric-air-taxi-operations-in-india-in-2026?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain#:~:text=Archer%20Aviation%20(NYSE%3AACHR),backer%20of%20Indian%20airline%20IndiGo.">targeting electric air taxi trials in India in 2025</a>, as it prepares for commercial service by 2026. At the moment, Archer Aviation is working with government officials in India to get regulatory approvals together. The company also expects to begin its commercial service in New York City by next year.&nbsp;</p>



<p>Also, <strong>Stellantis</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/stla-stock-quote/"><strong>STLA</strong></a>) just <a href="https://www.tipranks.com/news/insider-trading-stla-raises-stake-in-archer-aviation-nyseachr#:~:text=Following%20this%20investment%2C%20the%20total,the%20company%20by%20%2415.6%20million.">raised its stake in ACHR by $15.6 million</a>, and will reportedly &ldquo;absorb&nbsp;the vast majority of the capital expenditures and working capital requirements to manufacture our aircraft at scale. I believe that we are the only eVTOL company in the world to announce a relationship like this with a top automotive manufacturer, and this gives us significant cash flow advantages,&rdquo; as noted by Archer CEO Adam Goldstein.</p>



<p>Archer is also&nbsp;still waiting on certification, where progress is being made.&nbsp;<a href="https://archer.com/certification">According to the company</a>, &ldquo;We are now constructing the Midnight aircraft that will be used in &lsquo;for credit&rsquo; flight testing with the FAA as the company progresses towards our goal of obtaining Type Certification in 2025.&rdquo;</p>



<h2><strong>Lilium (<strong>LILM</strong>)</strong></h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/09/lilm-stock-1-300x169.jpg" alt="The website for Lilium (LILM) is displayed on a smartphone screen."><div>Source: T. Schneider / Shutterstock.com</div></div><p>We can also look at flying car stocks like&nbsp;<strong>Lilium</strong>&nbsp;(NASDAQ:<a href="http://www.nasdaq.com/symbol/lilm"><strong>LILM</strong></a>) &mdash; which now trades at  91 cents per share.</p>



<p>Over the last few months, the company signed a memorandum of understanding (MoU) with&nbsp;<strong>Lufthansa Group</strong>&nbsp;(OTCMKTS:<a href="http://www.nasdaq.com/symbol/dlaky"><strong>DLAKY</strong></a>) to&nbsp;<a href="https://seekingalpha.com/article/4656823-lilium-stock-explodes-on-lufthansa-deal">explore a partnership</a>&nbsp;on eVTOL aircraft operations in Europe.&nbsp;It also teamed up with <strong>Atlantic Aviation</strong> to &ldquo;construct the necessary infrastructure for their regional air mobility service in the United States,&rdquo; said John Redcay, Chief Commercial and Sustainability Officer at Atlantic,&nbsp;<a href="https://investors.lilium.com/news-releases/news-release-details/lilium-and-atlantic-aviation-unite-electrify-regional-air">as quoted in a LILM press release</a>.</p>



<p>The company also just started &ldquo;production of the&nbsp;advanced, aviation grade battery packs&nbsp;that will&nbsp;power the Lilium Jet&nbsp;on its&nbsp;first&nbsp;piloted&nbsp;flight, targeted for&nbsp;the end of 2024.&nbsp;This latest&nbsp;milestone&nbsp;represents&nbsp;a landmark in the development of the Lilium Jet&nbsp;and&nbsp;follows extensive&nbsp;testing of&nbsp;battery pack&nbsp;subcomponents from&nbsp;individual&nbsp;cell to stack level with&nbsp;a focus on&nbsp;performance,&nbsp;safety&nbsp;and&nbsp;regulatory&nbsp;conformity,&rdquo; <a href="https://investors.lilium.com/news-releases/news-release-details/lilium-starts-production-high-performance-battery-packs-lilium">as noted in a company press release</a>.</p>



<p><em>On the date of publication, Ian Cooper did not hold (either directly or indirectly) any positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/?utm_source=Nasdaq&amp;utm_medium=referral">Publishing Guidelines</a>.</em></p>
<div><p>Ian Cooper, a contributor to InvestorPlace.com, has been analyzing stocks and options for web-based advisories since 1999.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/invest-in-these-3-flying-car-stocks-set-to-soar-in-2025/">Invest in These 3 Flying Car Stocks Set to Soar in 2025</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Invest in These 3 Flying Car Stocks Set to Soar in 2025

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>It&rsquo;s earnings season, and hundreds of companies are slated to report results over the next few weeks. One such company investors are increasingly paying close attention to is electric vertical takeoff and landing (eVTOL) firm <strong>Joby Aviation </strong>(NYSE:<a href="https://investorplace.com/stock-quotes/joby-stock-quote/"><strong>JOBY</strong></a>). Shares of JOBY stock are trading flat today ahead of its upcoming first-quarter earnings report, but that&rsquo;s potentially due to a number of key factors that the market is pricing in.</p>



<p>Joby is set to <a href="https://ir.jobyaviation.com">report its Q1 results</a> on May 7, which should give investors a glimpse into the company&rsquo;s growth plans. Notably, Joby has worked to accelerate its commercialization timeline, with <a href="https://www.bloomberg.com/news/articles/2024-03-22/air-taxi-startup-joby-sees-start-of-dubai-services-before-the-us?embedded-checkout=true">reiterated deadlines</a> on when it expects air taxi services to be offered in key markets like Dubai (set for 2025). The hope is to get regulators in the U.S. and other key jurisdictions on board. But assuming everything goes according to plan, there could be a lot of potential growth on the horizon.</p>



<p>With respect to this upcoming report, let&rsquo;s dive into where the analysts are pegging their estimates &mdash; and where JOBY stock could be headed on a beat or a miss. </p>



<h2>JOBY Stock Holds Steady Ahead of Upcoming Earnings Report</h2>



<p>We&rsquo;re still a couple weeks away from this upcoming earnings report, but there are plenty of key catalysts the market may be pricing into JOBY stock.</p>



<p>With roughly a year to commercialization in Dubai, investors may be looking for signs that now is a good time to put their speculative capital to work in this name. The company has noted that Dubai is likely to be the company&rsquo;s first operational market, noting that this jurisdiction is &ldquo;a bit more advanced in the approach that they&rsquo;re taking.&rdquo; The goal is to reach commercial services as soon as late 2025, if initial operations and test flights go as well as Joby expects.</p>



<p>That sort of accelerated timeline is what investors want to see, in terms of earnings forecasts being pulled forward. Currently, there are <a href="https://finance.yahoo.com/quote/JOBY/analysis">four analysts</a> covering this stock, with Joby expected to post a 17 cent per share loss during Q1, in line with last quarter and down materially from previous quarters. Thus, this is a company that&rsquo;s efficiently moving toward commercialization &mdash; and could get a boost from the market if additional news about its Dubai rollout is released.</p>



<p>Personally, I think JOBY stock looks like an interesting speculative bet in this current backdrop. The stock is well off its recent peak and could have plenty of room to run if it gains a first-mover advantage in key markets. We&rsquo;ll have to see how viable these flying cars/air taxis actually turn out to be. But that&rsquo;s the kind of uncertainty that creates big opportunities for early investors, and why I think this stock could be volatile in the coming months. </p>



<p><em>On the date of publication, Chris MacDonald did not hold (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.</em></p>
<div><p>Chris MacDonald&rsquo;s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.</p></div><h3>More From InvestorPlace</h3>
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	<p>The post <a href="https://investorplace.com/2024/04/dear-joby-stock-fans-mark-your-calendars-for-may-7/">Dear JOBY Stock Fans, Mark Your Calendars for May 7</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Dear JOBY Stock Fans, Mark Your Calendars for May 7

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><a href="https://investorplace.com/industries/consumer-discretionary/automotive/flying-cars/">Flying car stocks</a> have faced a small correction in 2024, but don&rsquo;t let that dissuade you, there are still options available that can triple. eVTOLs remain on track for 2025 commercialization. Manufacturing will continue to scale up and major players in the space will announce further certification wins. Therefore, it is reasonable to anticipate that the sector will experience a spike in demand as those goals approach. Those catalysts will continue to interest investors in the short term.</p>



<p>Investors looking for pure numbers will be excited to understand that the <a href="https://www.thebusinessresearchcompany.com/report/flying-cars-global-market-report">market is expected to grow</a> by 55% in 2024. That growth is only expected to diminish slightly by 2028, with compound annual growth rates at 48% during that period. In short, there&rsquo;s a lot to like for investors in the flying car market over the next several years. Let&rsquo;s take a look at three flying car stocks that can triple your investment by 2025.</p>



<h2>Archer Aviation (ACHR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/10/achr1600-2-300x169.png" alt="Person holding cellphone with logo of American eVTOL aircraft company Archer Aviation Inc. (ACHR) on screen in front of webpage. Focus on phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div><p><strong>Archer Aviation</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/achr-stock-quote/"><strong>ACHR</strong></a></span>) is one of the better known flying car stocks available to investors. It&rsquo;s also one that investors will be somewhat hesitant to consider given that it has fallen by 31% year-to-date. However, also consider that ACHR shares have increased by 96% over the last 12 months. Meaning, the overall trend continues to be highly promising.</p>



<p>I mentioned in the introduction that manufacturing will continue to scale up this year. Archer Aviation is one of the more prominent firms in that regard. The company is expected to complete a high volume manufacturing facility in 2024. The result is that by 2025 the company should be <a href="https://finance.yahoo.com/news/archer-aviation-inc-achr-reports-213349551.html">producing 650 vehicles</a> on an annual basis.&nbsp;</p>



<p>The <a href="https://www.archer.com/News/u.s.-air-force-and-archer-enter-into-contracts-worth-up-to-142-million-representing-landmark-investment-in-evtol-technology-by-u.s-military">company has secured a massive contract</a> with The U.S. military worth up to $142 million. There is obvious and strong potential for Archer Aviation to establish itself in the defense sector through various use cases. Furthermore, the company boasts an order book backlog valued at $3.5 billion dollars. Much of that value is derived from the private sector. It all suggests that Archer Aviation is a well-balanced firm with a backlog of public and private interest. Thus, growth should continue.</p>



<p>Forecasts suggest that its share price could rise as high as $12. Those same shares currently trade for less than $4.&nbsp;</p>



<h2>Joby Aviation (JOBY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/11/joby1600-2-300x169.png" alt="Smartphone with logo of American eVTOL company Joby Aviation on screen in front of business website. Focus on center-left of phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div><p><strong>Joby Aviation </strong>(NYSE:<span><a href="https://investorplace.com/stock-quotes/joby-stock-quote/"><strong>JOBY</strong></a></span>) is another premier name in the flying car stock category. The company is shaping up to be a major player in the sector. Its business operations are similar to those of Archer Aviation. The two companies will compete for domestic dominance of the space but at this early stage there is plenty of room for massive growth from both companies.</p>



<p>Shares are <a href="https://stockanalysis.com/stocks/joby/forecast/">forecast to more than double and perhaps triple</a> over the next 12 to 18 months based on the best case scenario.&nbsp;</p>



<p>One of the primary reasons investors should take a shine to Joby Aviation is the development of air taxi services. The company signed a deal granting exclusive rights to provide air taxi services in Dubai beginning sometime in 2026. The company is <a href="https://www.theverge.com/2024/2/12/24071060/joby-signs-a-deal-to-launch-air-taxi-service-in-dubai-by-2026">expected to begin commercial service</a> in New York and Los Angeles in 2025.&nbsp;</p>



<p>The electric vertical takeoff and landing (eVTOL) vehicles Joby Aviation is developing will have&nbsp; particular utility at airports and other venues. A future with flying cars is nearly here, as strange as it sometimes sounds.&nbsp;</p>



<h2>EHang Holdings (EH)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/10/eh1600-1-300x169.png" alt="Flying taxi or Car-drone-EHang 216 exhibited by Prestige Image Motor Cars at the 2023 Indonesia International Motor Show (IIMS) at JIExpo Kemayoran. EH stock"><div>Source: Toto Santiko Budi / Shutterstock.com</div></div><p><strong>EHang Holdings</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/eh-stock-quote/"><strong>EH</strong></a></span>) is a decidedly different flying car stock than either of the two firms discussed above.&nbsp;</p>



<p>First of all, EHang Holdings is a Chinese company that is currently delivering autonomous aerial vehicles (AAVs). That puts it a step ahead of its U.S. counterparts. The company is selling those vehicles into verticals including tourism, emergency response and logistics for example.</p>



<p>The company was the first globally to receive an airworthiness certificate. Of course, that also puts it well ahead of its U.S. counterparts. Furthermore, the company is <a href="https://ir.ehang.com/news-releases/news-release-details/ehang-reports-fourth-quarter-and-fiscal-year-2023-unaudited">beyond the pre-revenue stage</a> and delivered 52 vehicles in 2023.</p>



<p>2024 has started out even stronger with the company delivering 23 units in the first quarter. EHang Holdings produced a $42.6 million net loss on $16.5 million of sales in 2023. Investors should expect the company to continue to produce losses over all but should also be optimistic given how far ahead it is based on deliveries. That is an excellent reason for investors to consider placing capital in EH stock at this time.</p>



<p><em>On the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/"><em> Publishing Guidelines</em></a><em>.</em></p>
<div><p>Alex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks. Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/3-flying-car-stocks-that-can-triple-your-investment-by-2025/">3 Flying Car Stocks That Can Triple Your Investment by 2025</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

3 Flying Car Stocks That Can Triple Your Investment by 2025

ARKX

BIDU

BYND

CVNA

DLAKY

EVEX

EVTL

FSRN

LILM

NVDA

RIOT

SMCI

STLA

TSLA

From ARK to the Skies: Cathie Wood's Big Bet on Flying Taxi Startups

Press Releases

Joby Completes Third Stage of FAA Certification Process

Joby Aviation Reports Fourth Quarter and Full Year 2023 Results

Joby Acquires Facility in Ohio, Begins Hiring to Support Initial Manufacturing Operations

New Horizon Aircraft Report Findings: 96% of Professional Investors Are Keeping An Eye On Transport Of The Future As Companies Advance eVTOL Technology

Joby Widens USAF Partnership, Will Deliver Two eVTOL Aircraft to MacDill AFB

From Faster Medical Service To Global Crisis Relief – The Potential Of eVTOLs To Usher In A New Future

Hybrid Aircraft Market Size Expected to Reach $13.2 Billion By 2030 as Demand Grows for Commercial Applications

Joby Aviation to Report First Quarter 2024 Financial Results

Joby Partners with Abu Dhabi to Establish Electric Air Taxi Ecosystem

BLDE

KULR

SRFM

American Airlines Group, Inc. - Common Stock

American Airlines Gr

Allegiant Travel

Alaska Air Gr

Azul S.A. American Depositary Shares (each representing three preferred shares)

Azul

Blade Air Mobility, Inc. - Class A Common Stock

Blade Air Mobility

Copa Holdings

Delta Air Lines

flyExclusive

Hawaiian Holdings

JetBlue Airways Corporation - Common Stock

JetBlue Airways

Southwest Airlines

Mesa Air Gr

Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares

Ryanair Hldgs

Spirit Airlines

SkyWest

Sun Country Airlines Holdings, Inc. - Common Stock

Sun Country Airlines

Volato Group

Surf Air Mobility

United Airlines Holdings, Inc. - Common Stock

United Airlines Holdings

Frontier Group Holdings, Inc. - Common Stock

Frontier Group Holdings

Wheels Up Experience Inc. Class A Common Stock

Wheels Up Experience

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. American Depositary Shares, each representing ten (10) Ordinary Participation Certificates