eVTOL stocks are shares in companies developing electric vertical take-off and landing, or eVTOL, aircraft. It's quite possible that eVTOL aircraft could revolutionize urban air mobility. These aircraft utilize electric motors and batteries for propulsion instead of traditional combustion engines, allowing them to hover, take off, and land vertically without needing runways or long taxiways.
Proponents of eVTOLs envision this technology as a key component of urban air mobility networks of the future that could potentially provide on-demand air taxi services, medical transportation, cargo delivery, and more. These aircraft could also offer the potential for quieter, more sustainable, and potentially fully automated air travel.
Numerous companies are developing their own eVTOL technologies that could disrupt this space in the coming years and pave the way for what air mobility looks like decades from now.
The global eVTOL aircraft market size was valued at more than $2 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 54.9% in the coming years, achieving a potential valuation of $28.61 billion by 2030. Advancements in battery technology, including increased power, lighter weight, and faster charging times, are crucial for the viability of eVTOLs.
The North America and Asia-Pacific regions are densely populated urban areas that are among the key addressable markets for eVTOL aircraft.
Five best eVTOL stocks to invest in
eVTOL companies are actively developing and testing their aircraft. Many companies are already working with aviation authorities to obtain the necessary certifications and approvals for commercial operations.
As eVTOLs become more prevalent, companies are also collaborating with municipalities to plan and develop vertiports, which are essentially landing pads for eVTOLs. Here are five top eVTOL stocks to consider if you want to invest in the future of this industry.
| Name and ticker | Market cap | Dividend yield | Industry |
|---|---|---|---|
| Joby Aviation (NYSE:JOBY) | $13.9 billion | 0.00% | Airlines |
| Archer Aviation (NYSE:ACHR) | $6.5 billion | 0.00% | Aerospace and Defense |
| EHang (NASDAQ:EH) | $768.8 million | 0.00% | Aerospace and Defense |
| Vertical Aerospace (NYSE:EVTL) | $593.1 million | 0.00% | Aerospace and Defense |
| Boeing (NYSE:BA) | $194.0 billion | 0.00% | Aerospace and Defense |
1. Joby Aviation
Joby Aviation (JOBY +1.06%) is a California-based transportation company. It's developing eVTOL aircraft intended for use as a fast, quiet, and convenient air taxi service.
NYSE: JOBY
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Joby Aviation aims to launch its electric air taxi services commercially in Dubai by early 2026, building on an exclusive agreement with the United Arab Emirates (UAE) Road and Transport Authority for the first global launch. It expects potential U.S. expansion to follow later in the year.
The company has a six-year exclusive operating agreement as Dubai's air taxi service, with plans for a network of vertiports, including one at the DXB airport and others in Palm Jumeirah, Dubai Downtown, and Dubai Marina. Joby Aviation has also made record progress on the stages required by the Federal Aviation Administration (FAA) to certify its aircraft for commercial passenger use in the U.S.
Joby has been conducting extensive flight testing, including demonstrations in urban settings and with strategic partners like Delta Air Lines (DAL +4.16%) and Uber (UBER -0.32%). Delta previously invested $60 million in Joby, with the potential for as much as $200 million as milestones are met, as well a seat on Joby's board. The partnership aims to offer "home-to-airport" transportation services, initially in New York City and Los Angeles.
Delta is working with Joby to integrate their services, allowing customers to book and pay for flights through the Delta app. Delta is also collaborating with Uber to allow SkyMiles members to earn miles on eligible rides and deliveries. Toyota (TM +2.21%) has also invested significantly in Joby and has a long-term agreement to supply key components for the production of Joby's aircraft.
Virgin Atlantic also plans to have an air taxi service partnership with Joby Aviation once its air taxis are operational. Joby Aviation is even collaborating with the U.S. government to develop and demonstrate eVTOL aircraft technology, including training pilots and delivering aircraft for logistics missions and research.
2. Archer Aviation
Archer Aviation (ACHR -0.28%) is another major player developing eVTOL aircraft. It's hoping to transform urban air mobility with its Midnight aircraft, a piloted, four-passenger eVTOL aircraft designed for rapid back-to-back trips with minimal charging time between flights. Archer is in the final phases of the FAA's Phase-4 type certification process.
NYSE: ACHR
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NASDAQ: EH
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EHang's EH216-S is a pilotless two-passenger eVTOL aircraft that is fully autonomous and was the first passenger air taxi to receive certification worldwide. The EH216-S will have a wide range of potential commercial applications, including offering sightseeing and immersive flight experiences in areas like Guizhou and Guangzhou.
EHang is conducting demo flights and exploring partnerships in Africa and the UAE for this aircraft, too. The company has announced that its first commercial eVTOL route, connecting Shenzhen and Hong Kong, is scheduled to open in January 2026. The flight time is expected to be about 20 minutes, with an estimated fare of around 800 yuan (approximately $113).
In November 2025, EHang conducted the first urban human-carrying pilotless eVTOL flights in Qatar and reached a similar landmark in Thailand. EHang also recently introduced the VT35, a long-range pilotless aircraft designed for intercity transport, emergency rescue, and logistics, a major evolution from its flagship EH216-S.
EHang's EH216-S has not received FAA approval for commercial operations in the United States and is broadly focusing its commercialization efforts in the Chinese market. However, in January 2020, EHang conducted its first-ever trial flight of the EHang 216 in America with approval from the FAA.
4. Vertical Aerospace
Headquartered in Bristol, England, Vertical Aerospace (EVTL -4.60%) is currently focused on advancing its eVTOL, the Valo, a piloted, four-passenger (but expandable to six) aircraft designed for urban and regional air mobility. The Valo is the successor to Vertical Aerospace's VX4 prototype but features an enhanced design based on flight test data and customer feedback.
NYSE: EVTL
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The aircraft is designed to fly up to 100 miles at speeds of up to 150 mph with zero operating emissions. Vertical Aerospace is targeting airliner-level safety certification from U.K. and E.U. aviation authorities (CAA and EASA) by 2028, which would allow for commercial air transport over congested areas.
The company is developing the aircraft in collaboration with major aerospace partners, including Honeywell (HON +0.93%) for avionics and flight controls. Initial commercial routes are expected to include airport-to-city center connections, such as between Canary Wharf in London and major airports such as Heathrow and Gatwick.
NYSE: BA
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Boeing also offers a comprehensive family of freighters, carrying about 90% of the world's cargo on its planes. The company continues to develop new aircraft, including the 737 MAX and 777X, and is exploring new technologies such as electric and sustainable aviation fuels. Boeing designs and manufactures a wide range of military aircraft, including bombers and other defense systems.
Boeing plays a significant role in space exploration, including developing spacecraft, satellites, and launch systems. The company also develops and produces various defense systems, including weapons, drones, electronic warfare systems, and intelligence systems.
Boeing is involved in the development of eVTOL aircraft through its subsidiary Wisk Aero. Wisk is focused on creating a fully autonomous eVTOL that can operate without a pilot onboard, with human oversight from the ground.
Wisk is developing its sixth-generation aircraft, which is the version it plans to certify and operate commercially. This four-passenger aircraft has a range of approximately 90 miles and a cruising speed of 120 knots. The company is working closely with the FAA and has a research agreement with NASA to develop certification requirements and integrate autonomous aircraft into the national airspace system.
Wisk has announced plans to launch autonomous commercial flights in major U.S. cities, including Houston, Los Angeles, and Miami, as well as internationally in locations like Brisbane, Australia, by the end of the decade.
Should I invest in eVTOL?
Whether you should invest in eVTOL stocks will depend on your personal preferences, risk tolerance level, and long-term goals for your portfolio. eVTOL stocks are generally volatile due to the nascent nature of the industry and the high-risk, high-reward potential of these companies. Here are some points to consider:
- eVTOL technology is still in its early stages, and companies are still developing and testing their aircraft.
- The regulatory landscape for eVTOLs is still evolving, and companies face challenges in obtaining necessary certifications and approvals.
- The eVTOL market is projected to grow rapidly in the coming years, but there's no guarantee that any particular company will be successful.
- Shares of eVTOL stocks are prone to experience significant stock price swings, both positive and negative, and the sector has a generally volatile nature.
For investors who want to bet on the future of this fast-growing emerging market, shares of one or more eVTOL stocks could have a place in a well-diversified portfolio. If you don't have a healthy tolerance for risk, though, you might want to look elsewhere.
Pros and cons of eVTOL stocks
There are multiple pros and cons to consider if you're thinking about putting cash into eVTOL stocks. On the pro side, the eVTOL sector could become a trillion-dollar market for air taxis, cargo, and medical transport, which would create huge long-term growth for leading businesses and their shareholders.
Leading players like Joby and Archer have major backing and strong strategic alliances with both commercial and government players that could aid in their development, adoption, and scaling. Early investors could see significant returns, similar to early tech investments, as the industry matures.
There are also some potential cons to be aware of if you're thinking about investing in this sector. Scaling from prototypes to mass production and building necessary eVTOL infrastructure (e.g., vertiports) is difficult and costly.
These companies need huge funding for research and development (R&D), certification, and production, which could lead to high cash burn and potential stock dilution for the foreseeable future. There's also still considerable uncertainty about what adoption of eVTOLs will look like in practice for consumers and companies.
What to look for in an eVTOL stock
eVTOL companies cannot operate commercially without approval from regulatory authorities. Look for companies that have made significant progress through the multistage certification process. Joby Aviation, for example, could be among the first U.S. companies to certify an eVTOL.
It's currently deep into the FAA's five-stage certification process, moving through stage four (Testing & Analysis) and preparing for the final stage (Type Inspection Authorization) with power-on tests and conforming aircraft production. FAA pilot testing is expected in 2026.
The eVTOL industry requires substantial capital, and partnerships with established players in the aviation, automotive, and government segments provide necessary financial support, manufacturing expertise, and potential future customers. Companies with established industry partnerships are more likely to start commercializing eVTOLs on solid footing.
You should evaluate the nature of an eVTOL company's order book, including nonbinding letters of intent (LOIs) and firm orders with pre-delivery payments. Consider the company's cash on hand and cash burn rate to determine its operational runway and ability to fund development through expected commercial launches.
Finally, consider a company's planned market entry strategy and how that aligns with your preferred investment goals when you're considering which stocks to buy. Some eVTOL companies plan to manufacture and sell aircraft, while others aim to be vertically integrated operators offering air taxi services.
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How to invest in eVTOL stocks
If you want to invest in eVTOL stocks, you can buy shares of any publicly traded company through your chosen brokerage account. Here's what you need to know.
- Open your brokerage app: Log in to your brokerage account where you handle your investments.
- Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.
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