Joby Aviation Stock Skyrockets Today — Is It a Buy Now?

Joby Aviation just went vertical—but should you chase the momentum?

The electric aircraft maker's shares surged today, catching Wall Street's attention as retail traders piled in. No fundamental news drove the move—just pure speculative energy and a classic case of FOMO meets low float.

Is This Sustainable?

Maybe. The company’s still pre-revenue, betting on FAA certifications and urban air mobility becoming a thing. If it works, early investors win big. If not… well, there’s always another narrative.

Timing the Top

Buying after a pump is like boarding a rocket after launch—thrilling until gravity kicks in. The stock’s moved fast, but regulatory timelines move slow.

Final Take: High risk, high reward—and right now, it’s heavy on the risk. Classic story stock: flies on hype, crashes on reality. But hey, in a market this hungry for disruption, who needs profits when you’ve got a dream?

Image source: Getty Images.

Is Joby Aviation stock a buy right now?

With the publication of the U.K. CAA's new delivery model for commercial eVTOL flights, Joby Aviation has seemingly gotten a significant bullish valuation catalyst. The outlook for commercial deployments for eVTOL craft still remains speculative in the U.K. and other markets, but there are some signs that regulatory developments are shifting in the company's favor.

Joby's business is still in a pre-revenue state, and that means that the company is valued at astronomical price-to-sales multiples, even based on the assumption that the company will record some sales this year. Joby's business could see dramatic sales growth in the not-too-distant future, but the company's forward price-to-sales multiple of more than 61,000 comes with a lot of risk.

If you're looking for exposure to the eVTOL investment trend, Joby Aviation remains a top investment opportunity in the space. On the other hand, investors should approach the stock with the understanding that it comes with a very high level of risk.