"What's That In The Manhattan Sky? A Flying Car From Joby" - Barron's
Portfolio Pulse from Benzinga Newsdesk
Joby Aviation's eVTOL aircraft is expected to fly in New York City, demonstrating the progress of electric-aircraft technology towards commercial application. Archer Aviation (ACHR) also has an eVTOL but won't fly it. Boeing (BA) and Airbus (AIR.France) are involved in eVTOL development, while Blade Air Mobility (BLDE) operates a network of aircraft and is profitable. Joby has delivered an aircraft to the Air Force and is advancing in FAA certification. Archer plans flight testing in mid-2024. Joby and Archer stocks have risen over the past year, while Blade's shares have fallen.
November 13, 2023 | 3:29 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Blade Air Mobility's profitability and positive outlook on eVTOL technology could attract investor interest, despite the recent decline in its stock price.
Blade Air Mobility's current profitability and positive stance on the potential of eVTOL technology to expand its market could make it an attractive investment, possibly offsetting the recent decline in its stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Joby Aviation's eVTOL demonstration in NYC indicates progress in electric-aircraft technology and FAA certification, which could boost investor confidence.
The successful demonstration of Joby's eVTOL aircraft in NYC is a significant milestone that showcases the company's progress and could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
Archer Aviation's presence with an eVTOL on display, despite not flying, keeps the company in the public eye but may not impact the stock as much as Joby's flight demonstration.
Archer Aviation's eVTOL being on display, while not as impactful as a flight demonstration, maintains the company's visibility in the market. However, it may not have a significant short-term impact on the stock compared to Joby's active demonstration.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEUTRAL IMPACT
Boeing's involvement in eVTOL development is noted, but the article does not provide details that would significantly impact the stock in the short term.
Boeing's participation in the eVTOL market is acknowledged, but without specific details or events related to their program, the short-term impact on the stock is likely to be neutral.
CONFIDENCE 60
IMPORTANCE 30
RELEVANCE 30