

Joby Aviation, Inc. (JOBY) reported earnings 30 days ago. What's next for the stock?

Joby agreed last month to buy defense technology company Resonant Sciences for about $500 million, mostly in cash. On matched twelve-month bases, the deal would roughly double Joby's revenue.

Investors should pay a premium for Joby but avoid Archer.

Joby is burning over $200 million in cash per quarter. It's raising more cash with stock and debt offerings.

Joby's stock has gone nowhere since its public debut. But it could soar after the FAA certifies its first commercial flights.

Joby Aviation's stock has declined nearly 50% over the past 12 months. Despite heavy losses, the air taxi maker has a cash runway of $2.3 billion.

Boeing has successfully returned to profitability and significant revenue growth as it stabilizes its global production system. Joby Aviation is a debt-free startup leader in the electric aircraft space with massive year-over-year revenue growth.

Joby Aviation has never looked stronger as a business. Could it be a once-in-a-decade opportunity?