Joby shares rise after co completes first piloted air taxi flights in Dubai

Shares of Joby Aviation JOBY.N rise 7.3% to $10 premarket

Co says its electric air taxi has successfully completed a series of piloted, vertical-takeoff-and-landing wingborne flights in Dubai and delivers the first aircraft

Says construction of commercial vertiport site at Dubai International Airport in partnership with Skyports Infrastructure on track for Q1 2026 completion

3 of 9 brokerages rate the stock "buy", 4 "hold," and 2 "sell"; their median PT is $9 - LSEG data

As of last close, stock up 16% YTD