Joby Aviation stock rose 6.35% to $9.04 following successful electric air taxi demonstration flights between JFK and Manhattan. The flights showcase the company's commercial air taxi concept, though FAA certification and regulatory approvals remain critical hurdles before commercial service can launch. Peer companies Archer Aviation and Eve also gained on continued investor interest in eVTOL developers.

Stark Future, a Barcelona-based electric motorcycle manufacturer, achieved Q1 2026 revenue growth of 212% year-on-year while reaching EBITDA profitability for the first time. The company's VARG platform, particularly the newly launched VARG SM, is driving growth with strong market share in Europe, including 50% market share in Germany's enduro category within its first year.

Joby Aviation, an eVTOL aircraft developer, has underperformed since its SPAC debut four years ago but could generate significant returns if the eVTOL market expands as projected. The company expects FAA approval for commercial flights in 2026 and aims to launch air taxi services in Dubai and the U.S., with partnerships from Toyota, Delta Air Lines, and Uber. Analysts project the eVTOL market could reach 30,000 aircraft by 2045, potentially enabling Joby to achieve a 10x return if it captures market share.

Beta Technologies secured a significant supply deal with Eve Air Mobility to provide pusher motors for electric vertical take-off and landing (eVTOL) air taxis, potentially generating up to $1 billion in revenue over 10 years.

The U.S. aerospace industry is experiencing significant growth in 2025, with combined industry-wide sales nearly reaching $1 trillion. Three lesser-known companies with potential investment opportunities are EHang, Ducommun, and Eve Holding, each offering unique advantages and risks in the aerospace and urban mobility markets.

Three companies - Joby, Archer, and Eve - are competing to lead the emerging electric vertical takeoff and landing (eVTOL) aircraft market, with JPMorgan projecting a $100 billion global market by 2040.

The urban air mobility (UAM) market is expected to grow rapidly, reaching $41.5 billion by 2035. The platform segment, particularly eVTOL aircraft, will dominate the market, integrating with existing transit infrastructure. Ride-sharing companies are predicted to achieve the highest growth, leveraging their scalable operations. North America leads the market, supported by robust infrastructure and a conducive ecosystem.

Eve (EVEX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

U.S. stock futures were mostly higher this morning, with the Nasdaq futures gaining around 175 points on Friday. Shares of Apple Inc. (NASDAQ: AAPL) shares fell in today’s pre-market trading following quarterly results. Apple reported better-than-expected earnings and revenue for its first quarter. The iPhone maker reported first-quarter earnings per share of $2.18 and revenue of $119.6 billion, thanks to record Services revenue and iPhone revenue. However, the company reported a revenue decline in China. Apple ...

Embraer (ERJ) is set to enter into a joint venture agreement with Nidec. The venture will help combine their complementing synergies and expertise to launch a new age of air mobility.

Upgrades Stifel upgraded the previous rating for Repare Therapeutics Inc (NASDAQ:RPTX) from Hold to Buy. Repare Therapeutics earned $0.83 in the first quarter, compared to $0.83 in the year-ago quarter. At the moment, the stock has a 52-week-high of $18.59 and a 52-week-low of $8.53. Repare Therapeutics closed at $11.92 at the end of the last trading period. According to Canaccord Genuity, the prior rating for Triple Flag Precious Metals Corp (NYSE:TFPM) was changed from Hold to Buy. For Vertiv Holdings Co (NYSE:VRT), Vertical Research upgraded the previous rating of Hold to Buy. For the first quarter, Vertiv Hldgs had an EPS of $0.24, compared to year-ago quarter EPS of $0.08. At the moment, the stock has a 52-week-high of $20.68 and a 52-week-low of $7.76. Vertiv Hldgs closed at $20.58 at the end of the last trading period. According to Wells Fargo, the prior rating for Adobe Inc (NASDAQ:ADBE) was changed from Equal-Weight to Overweight. Adobe earned $3.80 in the first quarter, compared to $3.37 in the year-ago quarter. The current stock performance of Adobe shows a 52-week-high of $451.09 and a 52-week-low of $274.80. Moreover, at the end of the last trading period, the closing price was at $439.03. Daiwa Capital upgraded the previous rating for Trip.com Group Ltd (NASDAQ:TCOM) from Outperform to Buy. Trip.com Group earned $0.45 in the first quarter, compared to $0.01 in the year-ago quarter. At the moment, the stock has a 52-week-high of $40.17 and a 52-week-low of $19.26. Trip.com Group closed at $36.15 at the end of the last trading period. According to Morgan Stanley, the prior rating for Corning Inc (NYSE:GLW) was changed from Equal-Weight to Overweight. For the first quarter, Corning had an EPS of $0.41, compared to year-ago quarter EPS of $0.54. The stock has a 52-week-high of $37.72 and a 52-week-low of $28.98. At the end of the last trading period, Corning closed at $31.68. For Equity Residential (NYSE:EQR), Piper Sandler upgraded the previous rating of Underweight to Neutral. For the first quarter, Equity Residential had an EPS of $0.87, compared to year-ago quarter EPS of $0.77. At the moment, the stock has a 52-week-high of $80.87 and a 52-week-low of $54.60. Equity Residential closed at $65.23 at the end of the last trading period. For Trip.com Group Ltd (NASDAQ:TCOM), China Renaissance upgraded the previous rating of Hold to Buy. In the first quarter, Trip.com Group showed an EPS of $0.45, compared to $0.01 from the year-ago quarter. The current stock performance of Trip.com Group shows a 52-week-high of $40.17 and a 52-week-low of $19.26. Moreover, at the end of the last trading period, the closing price was at $36.15. For Principal Financial Group Inc (NASDAQ:PFG), Keefe, Bruyette & Woods upgraded the previous rating of Underperform to Market Perform. In the first quarter, Principal Finl Gr showed an EPS of $1.48, compared to $1.51 from the year-ago quarter. The stock has a 52-week-high of $96.12 and a 52-week-low of $61.06. At the end of the last trading period, Principal Finl Gr closed at $70.83. See all analyst ratings upgrades. Downgrades For Celanese Corp (NYSE:CE), Vertical ...Full story available on Benzinga.com

Upgrades For Medtronic PLC (NYSE:MDT), Barclays upgraded the previous rating of Equal-Weight to Overweight. Medtronic earned $1.30 in the third quarter, compared to $1.37 in the year-ago quarter. The stock has a 52-week-high of $114.22 and a 52-week-low of $75.77. At the end of the last trading period, Medtronic closed at $85.73. Loop Capital upgraded the previous rating for Trex Co Inc (NYSE:TREX) from Hold to Buy. For the fourth quarter, Trex Co had an EPS of $0.23, compared to year-ago quarter EPS of $0.55. The stock has a 52-week-high of $67.69 and a 52-week-low of $38.73. At the end of the last trading period, Trex Co closed at $53.66. According to Loop Capital, the prior rating for The AZEK Co Inc (NYSE:AZEK) was changed from Hold to Buy. In the first quarter, AZEK Co showed an EPS of $0.09, compared to $0.18 from the year-ago quarter. The stock has a 52-week-high of $30.26 and a 52-week-low of $15.15. At the end of the last trading period, AZEK Co closed at $26.70. Janney Montgomery Scott upgraded the previous rating for Synovus Financial Corp (NYSE:SNV) from Neutral to Buy. For the first quarter, Synovus Finl had an EPS of $1.33, compared to year-ago quarter EPS of $1.08. At the moment, the stock has a 52-week-high of $48.60 and a 52-week-low of $27.08. Synovus Finl closed at $30.99 at the end of the last trading period. For Healthpeak Properties Inc (NYSE:PEAK), Mizuho upgraded the previous rating of Neutral to Buy. Healthpeak Properties earned $0.44 in the fourth quarter, compared to $0.41 in the year-ago quarter. The current stock performance of Healthpeak Properties shows a 52-week-high of $35.71 and a 52-week-low of $20.21. Moreover, at the end of the last trading period, the closing price was at $21.13. According to B of A Securities, the prior rating for Ally Financial Inc (NYSE:ALLY) was changed from Underperform to Neutral. For the first quarter, Ally Financial had an EPS of $0.82, compared to year-ago quarter EPS of $2.03. At the moment, the stock has a 52-week-high of $45.38 and a 52-week-low of $21.59. Ally Financial closed at $25.86 at the end of the last trading period. According to Stifel, the prior rating for IDEAYA Biosciences Inc (NASDAQ:IDYA) was changed from Hold to Buy. For the fourth quarter, IDEAYA Biosciences had an EPS of $0.50, compared to year-ago quarter EPS of $0.47. At the moment, the stock has a 52-week-high of $19.13 and a 52-week-low of $8.14. IDEAYA Biosciences closed at $14.93 at the end of the last trading period. According to Wells Fargo, the prior rating for Medtronic PLC (NYSE:MDT) was changed from Equal-Weight to Overweight. Medtronic earned $1.30 in the third quarter, compared to $1.37 in the year-ago quarter. The current stock performance of Medtronic shows a 52-week-high of $114.22 and a 52-week-low of $75.77. Moreover, at the end of the last trading period, the closing price was at $85.73. According to Loop Capital, the prior rating for Alteryx Inc (NYSE:AYX) was changed from Hold to Buy. Alteryx earned $0.84 in the fourth quarter, compared to $0.17 in the year-ago quarter. The stock has a 52-week-high of $71.98 and a 52-week-low of $39.58. At the end of the last trading period, Alteryx closed at $52.13. According to JP Morgan, the prior rating for PPG Industries Inc (NYSE:PPG) was changed from Neutral to Overweight. For the first quarter, PPG Indus had an EPS of $1.82, compared to year-ago quarter EPS of $1.37. At the moment, the stock has a 52-week-high of $145.14 and a 52-week-low of $107.06. PPG Indus closed at $141.98 at the end of the last trading period. According to RBC Capital, the prior rating for Clearwater Paper Corp (NYSE:CLW) was changed from Sector Perform to Outperform. Clearwater Paper earned $0.30 in the fourth quarter, compared to $0.82 in the year-ago quarter. The stock has a 52-week-high of $46.40 and a 52-week-low of $26.21. At the end of the last trading period, Clearwater Paper closed at $32.67. See all analyst ratings upgrades. Downgrades According to Exane BNP Paribas, the prior rating for Microsoft Corp (NASDAQ:MSFT) was changed from Outperform to Neutral. In the second quarter, Microsoft showed an EPS of $2.32, compared to $2.48 from the year-ago quarter. At the moment, the stock has a 52-week-high of $294.18 and a 52-week-low of $213.46. Microsoft closed at $285.76 at the end of the last trading period. For First Solar Inc (NASDAQ:FSLR), Citigroup downgraded the previous rating of Neutral to Sell. For the fourth quarter, First Solar had an EPS of $0.07, compared to year-ago quarter EPS of $1.23. The current stock performance of First Solar shows a 52-week-high of $221.88 and a 52-week-low of $59.60. Moreover, at the end of the last trading period, the closing price was at $216.89. Wedbush downgraded the previous rating for Offerpad Solutions Inc (NYSE:OPAD) from Outperform to Neutral. In the fourth quarter, Offerpad Solutions showed an EPS of $0.50, compared to $0.11 from the year-ago quarter. The current stock performance of Offerpad Solutions shows a 52-week-high of $5.87 and a 52-week-low of $0.38. Moreover, at the end of the last trading period, the closing price was at $0.47. Wedbush downgraded the previous rating for Opendoor Technologies Inc (NASDAQ:OPEN) from Outperform to Neutral. For the fourth quarter, Opendoor Technologies had an EPS of $0.74, compared to year-ago quarter EPS of $0.13. At the moment, the stock has a 52-week-high of $8.37 and a 52-week-low of $0.92. Opendoor Technologies closed at $1.54 at the end of the last trading period. Truist Securities downgraded the previous rating for Insperity Inc (NYSE:NSP) from Buy to Hold. In the fourth ...Full story available on Benzinga.com