- Joby Aviation stock climbed 5.6% to $16.49 in early trading on October 29, 2025, following the NVIDIA collaboration announcement made after market close on October 28.
- The partnership makes Joby the exclusive aviation launch partner for NVIDIA’s IGX Thor computing platform powered by Blackwell architecture.
- Joby’s Superpilot™ technology will integrate with NVIDIA’s AI platform to enable features like flight-path optimization, weather adaptation, and environmental awareness in urban settings.
- The stock has posted gains of 92% year-to-date and 212% over the past 12 months, outpacing the broader market.
- Analysts project Joby could reach $1 billion in sales by 2029, with commercial service planned to begin overseas in 2026.
Joby Aviation shares rose 5.6% to $16.49 in early trading Wednesday. The move came after the company revealed a partnership with NVIDIA to build autonomous flight systems.
The deal was announced Tuesday evening after markets closed. NVIDIA selected Joby as its exclusive partner in aviation for the new IGX Thor computing platform.
Thor is an AI computing system designed for physical products like aircraft and robots. It shares its name with the Norse god of thunder.
Joby develops electric vertical takeoff and landing aircraft. These vehicles are designed to be quiet, compact, and affordable for urban air travel.
The stock had already been on a tear before this news. Shares entered Wednesday’s session up 92% for the year and 212% over the past 12 months.
The S&P 500 and Nasdaq were up just 0.2% and 0.1% respectively in early trading. Joby continues to outpace the major indexes by a wide margin.
Next-Generation Flying Capabilities
The collaboration aims to bring cutting-edge autonomous features to Joby’s aircraft. These go beyond traditional autopilot systems used in commercial aviation today.
The technology will enable automatic flight-path optimization. Aircraft will be able to adapt to changing weather conditions in real time.
Environmental awareness capabilities will help the vehicles navigate crowded urban airspace. This is critical for the company’s vision of city-based air transport.
Joby Aviation (JOBY) is rallying after the electric air taxi company announced that it's partnering with Nvidia (NVDA) to enhance its autonomous flight technology.
Joby is the Nvidia's "only aviation launch partner" for its new IGX Thor platform, which is designed to specialize… pic.twitter.com/MbqPP9JYbR
— Schwab Network (@SchwabNetwork) October 29, 2025
The system will also monitor aircraft health automatically. Predictive maintenance features will alert operators to potential issues before they become problems.
Gregor Veble Mikić leads flight research at Joby. He said the autonomous systems will “complement human intelligence by providing speed, precision, and stamina beyond what a person alone is capable of.”
The company frames this as a safety-first approach to aviation autonomy. NVIDIA’s computing power provides the foundation for these advanced capabilities.
Financial Picture and Analyst Views
Joby doesn’t generate meaningful revenue yet. The company reported just $98,000 in sales.
Earnings per share sit at -$1.07. The company is still in development and pre-commercial operations.
Wall Street analysts see revenue hitting $1 billion by 2029. That forecast comes from FactSet data.
The company plans to launch commercial service overseas next year. The 2026 target represents a key milestone for the business.
Joby’s market cap stands at $13.909 billion. The stock trades between a 52-week low of $4.80 and high of $20.95.
Analyst price targets vary widely. The average sits at $12.17, with a range from $6.00 to $22.00.
Morgan Stanley made a move on the stock recently. The firm bumped its price target from $7 to $15 while keeping an Equal-Weight rating.
The NVIDIA partnership factored into that decision. Morgan Stanley sees the collaboration as a catalyst for Joby’s technology roadmap.
The whole concept feels futuristic. Flying cars navigating city skies powered by AI sounds like something from a sci-fi movie.
But investors are buying into the vision. The stock’s performance over the past year reflects growing confidence in the electric aircraft space.
NVIDIA’s involvement adds credibility to Joby’s autonomous flight ambitions. The chip maker has become synonymous with AI computing power across multiple industries.
The IGX Thor platform brings that computing capability to aviation. Integration with Joby’s Superpilot™ system creates the building blocks for autonomous flight.
Joby stock closed Tuesday at $15.61, down 4.23% during regular hours. The after-hours pop of 8% reversed those losses and then some.
By Wednesday morning, shares were trading at $16.49 as investors digested the NVIDIA news.
