Why Is Joby Aviation Stock Off The Charts If The Company Currently Has No Revenue?

Over the past year, Joby Aviation (NYSE: JOBY), a US-based manufacturer of electric vertical takeoff and landing (EVTOL) aircraft, has seen its stock prices balloon more than 170%, delivering incredible returns to shareholders during a year otherwise marked by financial difficulties. However, there is one interesting caveat that a number of financial analysts have been quick to point out: the company has no revenue at this time.