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Joby Aviation Stock Surges on Q4 Beat and Uber Partnership

Joby Aviation Stock Surges on Q4 Beat and Uber Partnership

Author:

Global Cryptocurrency

Published:

2026-02-26 15:51:02

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BTCCSquare news:

Joby Aviation shares climbed 6-9% after surpassing Q4 revenue expectations with $30.84 million against forecasts of $16.18 million. The electric air taxi developer showcased a live Dubai demo of its Uber app integration, allowing users to book flights directly through the ride-hailing platform.

Analysts at H.C. Wainwright upgraded JOBY to Buy with an $18 target, citing FAA certification momentum. With $2.6 billion in cash reserves and 2026 revenue guidance of $105-115 million, the company plans inaugural passenger flights in the UAE before U.S. operations.

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