Joby Aviation Is Headed To Saudi Arabia: What Investors Need To Know

Joby Aviation Inc (NYSE:JOBY) shares are trading flat Wednesday morning as investors digest a new Middle East partnership alongside mixed recent financial data. Here’s what investors need to know.

• JOBY stock is gaining positive traction. See what is driving the move here.

What To Know: The company announced a Memorandum of Understanding with Red Sea Global and The Helicopter Company to conduct pre-commercial evaluation flights in Saudi Arabia starting in the first half of 2026, establishing a “sandbox” for future air taxi operations.

This strategic update follows a polarizing third-quarter earnings report released earlier this month. Joby posted revenue of $22.57 million, significantly above analyst estimates of $3.01 million.

However, the company missed bottom-line expectations, reporting a loss of 48 cents per share compared to the anticipated 19-cent loss. Despite the earnings miss, Joby ended the quarter with $978.1 million in cash, providing capital for ongoing certification efforts.

Operationally, Joby has commenced “power-on” testing for its first FAA-conforming aircraft, a critical prerequisite for “for credit” flight testing slated for 2026.

Analyst sentiment remains split on the timeline. Needham maintains a bullish $22 price target, while JPMorgan remains cautious with an $8 target, highlighting the divergence in market expectations regarding commercialization.

Benzinga Edge Rankings: Data from Benzinga Edge underscores the stock’s recent activity with a high Momentum score of 95.32, despite short and medium-term price trends currently signaling caution.

JOBY Price Action: Joby Aviation shares were down 0.89% at $13.81 at the time of publication on Wednesday, according to Benzinga Pro data.

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How To Buy JOBY Stock

By now you're likely curious about how to participate in the market for Joby Aviation – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

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