Joby Aviation Could Turn a $10,000 Investment Into This in 3 Years

Joby Aviation (JOBY -0.21%), an electric vertical takeoff and landing (eVTOL) company, has faced a significant decline in its stock price over the past year, losing nearly 75% of its value since this time last October. Despite this setback, the company remains on track to carry its first paying passengers and has made considerable progress in the development of its eVTOL aircraft.

Now, with only three years left, Joby could see its stock return to its 2026 price point of approximately $13 per share, potentially turning a $10,000 investment into around $28,000. This prediction hinges on Joby's projected revenue growth, with the company expected to quadruple its revenue within the next three years. Additionally, the company's planned acquisition of Resonant Sciences, which has generated over $100 million in revenue over the past year, could further bolster Joby's financial performance.

As long as Joby can successfully demonstrate its eVTOL aircraft to the public, investors with a high-risk tolerance may find this a compelling speculative investment opportunity.