BUZZ-Joby to double production at California plant, shares rise

Reuters2025-07-15

** Shares of air taxi maker Joby Aviation JOBY.N up 7.8% at $13.6 in morning trade

** Co says it will double production at California manufacturing facility

** Says it also expanded its flight test program with addition of a new aircraft to its fleet

** Median PT of 9 brokerages covering JOBY is $9 - LSEG

** Including session moves, stock up 65% YTD

(Reporting by Anshuman Tripathy)

((Anshuman.Tripathy@thomsonreuters.com))

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