To date, a handful of startups have made strides toward the electrification of air travel. And their initiatives are attracting investments from manufacturing, airline, and auto giants.
With backing from companies like Delta, United, and Boeing, air taxi startups say they plan to launch commercial flights by 2025. Will battery-powered Ubers in the sky be the norm?
The average of price targets set by Wall Street analysts indicates a potential upside of 29% in Joby Aviation, Inc. (JOBY). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.