Shares of Joby Aviation Inc. ($JOBY) have experienced a notable rally throughout July 2025, reaching multiple 52-week highs and pushing toward all-time highs last seen in February 2021. The stock surged past $13.30 and moved above $14 in pre-market trading, with some mentions of an $18 handle. Over the course of the week ending July 18, $JOBY gained approximately 51%. Despite the rally, Deutsche Bank raised its price target for Joby from $4 to $6 but maintained a Sell rating. Market participants have noted strong chart performance and bullish momentum, with the stock described as a "runaway train" and "the gift that keeps giving." The all-time high close for Joby was $15.70 and the all-time high price was $17.00, both recorded on February 16, 2021.