Joby Aviation (JOBY) Surges 5.3% on Uber Partnership Expansion – Is This the Catalyst for a New Bull Run?

Summary
• Joby Aviation (JOBY) surges 5.3% to $14.14, hitting an intraday high of $14.33
• Partnership with Uber to integrate Blade’s air mobility services into the Uber app announced
• 52-week high of $20.95 remains a distant target, but momentum hints at near-term optimism

Joby Aviation’s stock is trading at its highest level since early September amid a strategic partnership with Uber to integrate Blade’s air mobility services into the Uber app. The 5.3% intraday gain reflects investor enthusiasm for the company’s expansion into urban air mobility, though technical indicators suggest a mixed near-term outlook. With the stock trading near its 200-day moving average of $9.36, the question remains whether this partnership can catalyze a sustained breakout.

Uber Integration Ignites Optimism in Urban Air Mobility
Joby Aviation’s 5.3% surge is directly tied to its announcement of integrating Blade’s air mobility services into the Uber app, a move that accelerates its global urban air mobility (UAM) ambitions. The partnership, announced alongside the acquisition of Blade’s passenger business in August 2025, positions Joby to leverage Uber’s global platform for seamless flight bookings. CEO JoeBen Bevirt emphasized the strategic alignment with Uber’s long-term vision for eVTOL adoption, while the acquisition of Blade’s infrastructure provides a proven network for scaling operations. This news has reignited investor confidence in Joby’s ability to commercialize its electric air taxi, despite the stock trading 31% below its 52-week high.

Aerospace & Defense Sector Mixed as Boeing Slides
The broader Aerospace & Defense sector remains fragmented, with Boeing (BA) declining 0.5% despite Joby’s rally. While Joby’s partnership with Uber signals progress in urban air mobility, sector peers like Lockheed Martin and Raytheon are focused on defense contracts and satellite communications. The lack of direct correlation between Joby’s UAM strategy and traditional aerospace metrics underscores the stock’s unique positioning in the electrification and sustainability-driven segment.

Options and ETFs to Capitalize on Joby’s Volatility
• 200-day average: $9.36 (below current price)
• RSI: 32.69 (oversold)
• MACD: -0.66 (bearish), Signal Line: -0.44 (bearish), Histogram: -0.23 (declining)
• Bollinger Bands: $11.73 (lower), $14.83 (middle), $17.92 (upper)

Joby’s technicals suggest a short-term bearish trend but a long-term bullish setup. The stock is trading near its 200-day moving average and within the lower Bollinger Band, indicating potential for a rebound. Key support levels at $13.33–$13.48 and resistance at $14.33–$14.33 (intraday high) are critical to monitor. While leveraged ETF data is unavailable, the options chain offers high-leverage opportunities for aggressive traders.

Top Options Picks:
• JOBY20250919C14 (Call, $14 strike, 9/19 expiration):
- IV: 74.65% (high volatility)
- Leverage Ratio: 18.80% (moderate)
- Delta: 0.55 (moderate sensitivity)
- Theta: -0.063 (rapid time decay)
- Gamma: 0.227 (high sensitivity to price changes)
- Turnover: $28,252 (liquid)
This call option offers a 60.42% price change potential if Joby breaks above $14.33. A 5% upside scenario (to $14.84) would yield a payoff of $0.84 per contract, making it ideal for short-term bullish bets.

• JOBY20250926C14.5 (Call, $14.5 strike, 9/26 expiration):
- IV: 75.31% (high volatility)
- Leverage Ratio: 18.80% (moderate)
- Delta: 0.47 (moderate sensitivity)
- Theta: -0.041 (moderate time decay)
- Gamma: 0.174 (high sensitivity to price changes)
- Turnover: $1,077 (liquid)
This option balances leverage and liquidity, with a 74.42% price change potential. A 5% upside scenario (to $14.84) would yield a $0.34 payoff, making it a safer play for mid-term bullish positioning.

Trading Opinion: Aggressive bulls should consider JOBY20250919C14 into a break above $14.33, while cautious investors may target JOBY20250926C14.5 for a controlled rally.

Backtest Joby Aviation Stock Performance
Below is an interactive event-study report that summarizes how Joby Aviation (JOBY.N) typically performs after days when its intraday high exceeds its opening price by at least 5 percentage points (period tested 2022-01-01 → 2025-09-10). Please scroll the module for detailed visual statistics.Key take-aways (high-level):• 180 qualified surge events were detected in the sample. • Average cumulative excess return (vs. holding benchmark) remains modest and statistically insignificant through 30 trading days. • Win-rate hovers around 48-52 %; no clear edge is observed.Feel free to explore the visualization for full return curves, distribution heatmaps, and day-by-day metrics.

Joby’s Uber Bet: A Make-or-Break Catalyst for UAM Growth
Joby Aviation’s partnership with Uber represents a pivotal moment in its urban air mobility strategy, but the stock’s technicals suggest a volatile path ahead. While the 5.3% intraday gain is encouraging, the RSI at 32.69 and MACD divergence indicate caution. Investors should watch the $14.33 intraday high as a key breakout level and consider the selected call options for leveraged exposure. Meanwhile, Boeing’s 0.5% decline highlights the sector’s mixed momentum. For Joby, the next 72 hours will test whether this partnership can translate into sustained investor confidence. Act now: Buy JOBY20250919C14 if $14.33 holds; exit if the 200-day average ($9.36) breaks.