ACHR Stock Recent News

Shares of Archer Aviation (ACHR 0.29%) have fallen more than 33% from their high-water mark over the past few months. That's the second drawdown of that magnitude in the past year.

The 20th century promised we would have flying taxis in the 21st century. Are we finally going to meet these projections?

Shares of Archer Aviation Inc.  ACHR are flat on Thursday. But they have been in a downtrend that may continue.

Is the future of flight electric? That's what industry insiders are saying.

Archer Aviation offers a differentiated eVTOL strategy with global partnerships, early overseas sales, and a strong defense angle for long-term upside. Despite heavy cash burn and pre-revenue status, Archer's $1.7B liquidity and strategic partnerships provide a sector-leading financial cushion and execution runway. Key milestones include UAE deployments, a record-setting test flight, and official air taxi provider status for the 2028 LA Olympics, driving visibility and credibility.

Archer Aviation (ACHR -1.24%) and Joby Aviation (JOBY -2.10%) are both early movers in the nascent electric vertical takeoff and landing (eVTOL) aircraft market. Both companies went public by merging with special purpose acquisition companies (SPAC), set some bold growth forecasts, but missed those estimates by a mile.

Archer Aviation has built a strong liquidity runway, raising $1.1 billion and ending Q2 with $1.724 billion in cash. Key milestones include the first piloted Midnight eVTOL flight, strategic defense acquisitions, and progress in international regulatory alliances. I see Archer as fairly valued with a price target of $9.44–$13.26, reflecting both industry multiples and potential upside.

The low-altitude economy is on the verge of rocketing higher over the next few decades. Bank of America sees the global adoption of electric vehicle take-off and landing (eVTOL) aircraft to increase by 62% by 2030.

Archer Aviation (ACHR 2.93%) is selling a big idea: small electric vertical take-off and landing (eVTOL) aircraft, or so-called "air taxis." These sleek, battery-powered aircraft promise to turn 45-minute crosstown commutes through busy metropolises into 10-minute rides above the traffic.

ACHR's partnerships and production ramp-up give it an edge over JOBY in the fast-growing eVTOL market.