Joby Aviation (JOBY) shares tanked on Friday after Barclays questioned whether its certification lead could actually translate into market dominance. Analyst Anthony Valentini downgraded the air taxi company this morning to “Underweight” and cut his price target to $4, indicating potential upside of about 27% from current levels.
Joby Aviation stock has already been a disappointment for investors in 2026, currently trading at less than half its price at the start of 2026.