Will the Joby-NVIDIA Autonomous Flight Deal Propel JOBY Stock Further?

Joby Aviation JOBY announced a groundbreaking collaboration with NVIDIA NVDA, becoming the exclusive aviation launch partner for the newly introduced NVIDIA IGX Thor platform. Built on the powerful NVIDIA Blackwell architecture, this industrial-grade system is designed to drive the next generation of physical AI applications. The partnership will accelerate the development of Joby’s Superpilot autonomous flight technology across defense and commercial platforms.Joby’s Superpilot system is being developed to deliver scalable autonomous functions. The NVIDIA IGX Thor platform’s support for industry-recognized safety standards enables Joby to pursue certifiable autonomy — paving the way for near-term defense deployment and future civil applications as the Federal Aviation Administration advances integration of autonomous flight in national airspace.The alliance with a powerhouse like NVIDIA provides JOBY with technological credibility. Specifically, the association will result in the integration of NVIDIA’s advanced computing, which will enhance operational safety and mission performance through real-time route optimization, dynamic adaptation to weather and air traffic, apart from human-machine coordination.The association will facilitate the usage of high-speed data analysis from Radar, LiDAR and Vision sensors for precise environmental awareness and navigation. Other advantages include the unified processing of diverse sensor data for reliable state estimation and situational awareness under challenging conditions.The news of Joby’s collaboration with NVIDIA to develop autonomous flight capabilities with the help of the latter’s IGX Thor platform pleased investors. JOBY stock gained in excess of 9% on Oct. 29. The upsurge has come as a welcome relief for JOBY stock, which has been under pressure recently. Shares of Joby have gained only 0.3% over the past three months, underperforming the Zacks Transportation - Airline industry. Moreover, Joby’s shares have lagged its rival Archer Aviation ACHR in the electric vertical takeoff and landing space in the same timeframe.3-Month Price ComparisonImage Source: Zacks Investment ResearchJoby’s Valuation & Earnings EstimatesFrom a valuation perspective, Joby is trading at a premium compared with the industry average and Archer Aviation. In terms of price-to-book value, JOBY is trading at 16.23X, higher than the industry’s average of 3.45X. Joby’s reading is also much higher than that of Archer Aviation. However, both Joby and Archer Aviation have a Value Score of F.JOBY's P/B TTM vs. Industry & ACHRImage Source: Zacks Investment ResearchThe Zacks Consensus Estimate for JOBY’s 2025 and 2026 losses has remained stable over the past seven days.Image Source: Zacks Investment ResearchJOBY’s Zacks RankJOBY currently carries a Zacks Rank #4 (Sell).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Picks Stock Most Likely to "At Least Double"Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren’t winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%.See Our Top Stock to Double (Plus 4 Runners Up) >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA): Free Stock Analysis Report Joby Aviation, Inc. (JOBY): Free Stock Analysis Report Archer Aviation Inc. (ACHR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks