DAVOS, Switzerland--(BUSINESS WIRE)---- $ACHR #Archer--Archer Aviation Inc. (NYSE: ACHR) today announced a partnership with the Government of the Republic of Serbia as the country seeks to play a key role in driving the adoption of electric air taxis across Europe. Under the agreement, Serbia has selected Archer as its preferred eVTOL partner and has the option to purchase an initial fleet of Midnight aircraft. The agreement provides for the purchase of up to 25 aircraft, in accordance with the applicable l ...

Is it finally time to bet on flying electric taxis?If you want the potential for life-changing returns in the stock market, look no further than growth stocks. These are shares in companies that promise to grow their revenue or earnings faster than average, typically by pioneering brand-new industries or disrupting old ones.Archer Aviation (ACHR 2.71%) is a quintessential example of a growth stock as it builds its business model around electric vertical takeoff and landing vehicles (eVTOLs). They're a new t ...

I hold a Master’s degree in Cell Biology and began my career working for several years as a lab technician in a drug discovery clinic, where I gained extensive hands-on experience in cell culture, assay development, and therapeutic research. That scientific foundation gave me an appreciation for the rigor and challenges behind drug development, which I now bring into my work as an investor and analyst. For the past five years, I have been active in the investing space, with the last four years dedicated to ...

Company Overview - Joby Aviation, founded in 2009 and based in Santa Cruz, California, is focused on developing next-generation urban air travel through quiet eVTOL aircraft capable of flying up to 100 miles while reducing noise and emissions [3] - The company has a market capitalization of approximately $14.1 billion and is backed by strategic partners including Toyota, Delta, and Uber [2] Recent Stock Performance - Joby shares experienced a significant rally, increasing over 200% from a 52-week low of $4.96 to a high of $20.95, although the stock has since cooled, giving back about 36% of those gains [1] - The stock has shown roughly 84.4% gains over the past year [1] Business Developments - Joby plans to launch commercial services in New York City and Los Angeles, with Dubai as its first international market [2] - The company is expanding its manufacturing capabilities with a new 700,000-square-foot facility in Dayton, Ohio, as part of a $61.5 million investment aimed at scaling production [10] Financial Performance - In Q3 2025, Joby reported a loss of $0.48 per share, more than double the loss of $0.21 per share from the previous year, reflecting the high costs associated with certification and scaling [11] - Revenue for the quarter increased significantly to $22.6 million from $0.03 million in the same quarter last year, largely due to the acquisition of Blade's passenger business [12] - Operating costs rose by 30% year-over-year, driven by increased R&D and SG&A expenses [13] - Joby ended the quarter with $208.4 million in cash and raised approximately $576 million in October, providing financial flexibility for future operations [14] Market Position and Strategy - Joby is pursuing a long-term strategy that combines aircraft development with real-world operations and partnerships, contrasting with competitors like Archer Aviation, which is focusing on airline alliances and military deals [4] - The company has integrated Blade's operations into the Uber app and has conducted over 600 flights in 2025, indicating progress in real-world applications [15] Analyst Sentiment - Analysts are cautious about Joby's path to profitability, with expectations of widening losses in the near term, but some predict a narrowing of losses by fiscal 2026 [16][17] - The consensus rating for Joby is "Hold," with a price target suggesting a potential upside of 42.6% from current levels [18]

Core Viewpoint - Archer Aviation's stock faced significant challenges in 2025, declining 22.9% despite a generally bullish market, while the S&P 500 and Nasdaq Composite rose 16.4% and 20.4%, respectively [1][2]. Group 1: Stock Performance and Market Context - Archer Aviation's stock experienced volatility in 2025, with notable price spikes followed by pullbacks, largely due to competition from Joby Aviation, which saw a 62% increase in its stock price [3]. - The company's valuation decreased amid ongoing losses and uncertainty regarding vehicle certification in key markets, compounded by negative short reports from analysts [2][4]. Group 2: Financial Performance - In Q2 2025, Archer reported a net loss of $206 million, an increase from a loss of $106.9 million in the same quarter the previous year [6]. - The Q3 report revealed a net loss of $129.9 million, higher than expected and up from a loss of $115.3 million in the prior year, alongside concerns about share dilution following a $650 million stock sale [7]. Group 3: Future Outlook and Trends - In 2026, Archer Aviation's stock has rebounded, rising 17.8% year-to-date, benefiting from a broader trend in defense-tech stocks [8]. - The company is collaborating with Anduril to develop hybrid-propulsion VTOL aircraft for military use, which may enhance interest in its technology despite uncertainties in achieving FAA certification for commercial use [9].

Group 1: Archer Aviation Overview - Archer Aviation is an early leader in electric vertical takeoff and landing (eVTOL) aircraft, currently undergoing testing and certification for commercial operations [2] - The company has attracted attention for its defense applications through a partnership with Anduril, developing eVTOL craft for military purposes [2] - Analysts expect Archer to transition to sales this year, with potential consumer launches in markets like Saudi Arabia and Dubai [3] Group 2: Stock Performance and Comparison - Archer Aviation's stock has increased approximately 9% over the past year but is down about 34% from its one-year high [4] - The company's market capitalization is around $6.5 billion, despite being in a pre-revenue state [5][8] - In contrast, Kraken Robotics, which has a market cap of about $1.8 billion, has seen significant revenue growth, with a 60% year-over-year increase to 31.3 million Canadian dollars in Q3 [8] Group 3: Financial Metrics - Kraken Robotics has a gross margin of 59% and a net income margin of 10.5% in the last year's third quarter, indicating strong profitability [10] - Archer Aviation's current stock price is $8.85, with a day's range between $8.79 and $9.22 [5] - Kraken Robotics' stock price is $5.76, with a day's range of $5.61 to $5.89 [9]

Core Viewpoint - Archer Aviation's stock (NYSE: ACHR) has seen a 16% increase year-to-date, driven by favorable analyst coverage, strategic partnerships, and anticipated revenue generation in 2026. The potential for the stock to reach $20, representing a 2x return from its current level of around $9, is under discussion [2][7]. Group 1: Revenue Generation and Growth Drivers - Archer plans to launch commercial air taxi operations in Abu Dhabi by late 2026, potentially becoming the first eVTOL company to generate passenger revenue, with analysts forecasting $32 million in revenue for 2026 [5]. - The FAA's eVTOL Integration Pilot Program may expedite Archer's certification process, opening access to a $6 billion order book from major airlines like United and Southwest [5]. - Stellantis has committed up to $400 million to scale Archer's manufacturing facility in Georgia to produce 650 aircraft annually by 2030, with revenue projections increasing from $32 million in 2026 to $305 million in 2027 [5]. - Archer has secured $142 million in Air Force contracts, with defense contracts expected to become a significant revenue source as they do not face the same regulatory delays as commercial operations [5]. - Archer will be the exclusive air taxi provider for the LA28 Olympics, providing a global platform to showcase its technology to millions, with operations set to begin in 2026 [5]. - Global partnerships, including a conditional order from Japan Airlines worth $500 million and a $250 million order from Kakao Mobility in South Korea, expand Archer's market reach [5]. Group 2: Risks and Challenges - The most significant risk is the potential delay in FAA certification, which could push approval to 2028, increasing cash burn and dilution risk for Archer [5]. - Archer has previously set ambitious production targets, and the transition from two aircraft per month to 650 per year may prove challenging [5]. - Competition from Joby, which is ahead in certification milestones, poses a threat to Archer's market position [5]. - Archer experiences a cash burn of $100 million per quarter, necessitating revenue generation soon to avoid further capital raises that could dilute current shareholders [5]. - The stock has shown volatility, dropping 90% from its peak during the inflation shock of 2022, indicating potential market risks [5]. Group 3: Future Outlook - 2026 is a pivotal year for Archer as it transitions from development to commercialization, with a doubling of the stock price to $20 considered feasible if key objectives are met [7]. - Analysts have set an average price target of $12.50, but achieving goals could make $20 a realistic target based on projected revenue [7].

Core Insights - The competition in urban air mobility is intensifying, with Wall Street differentiating between technical leadership and investment potential [1] - Cantor Fitzgerald maintains an Overweight rating on Archer Aviation and a Neutral rating on Joby Aviation, indicating a preference for Archer at current price levels [1][2] Archer Aviation - Archer is viewed favorably due to its substantial liquidity, with total liquidity of $2.2 billion, including $1.7 billion in cash, providing a strong runway for commercialization [7] - The company has a 12-month price target of $13, supported by its deep cash reserves and aggressive expansion into high-margin sectors [3] - Archer is diversifying revenue streams by supplying its electric powertrain to partners like Anduril and the EDGE Group, and is collaborating with NVIDIA to enhance pilot safety and autonomous flight [7] - The acquisition of Hawthorne Airport positions Archer as the exclusive air taxi provider for the 2028 Los Angeles Olympics, which is seen as a significant advantage [7] Joby Aviation - Joby is recognized as the market leader in certification and flight testing, with a strong position for FAA type certification [5] - The company has completed over 50,000 miles of flight and 850 flights, achieving 4,900 test points in 2025 [8] - Joby has generated cash flow from its acquisition of Blade Air Mobility, contributing $14 million in revenue this quarter, and is set to become the exclusive partner for Blade's organ transport business [8] - Joby holds a six-year exclusive agreement to establish air taxi services in Dubai, with a launch planned for the second half of 2026 [8]

Key Points Archer’s stock hasn’t taken off since its public debut more than four years ago. It’s struggling to ramp up its production and clear the regulatory hurdles. Its stock isn’t a bargain relative to its near-term growth potential. 10 stocks we like better than Archer Aviation › Archer Aviation (NYSE: ACHR), a developer of electric vertical takeoff and landing (eVTOL) aircraft, went public through a merger with a special purpose acquisition company (SPAC) in September 2021. Its stock started ...

Archer Aviation (NYSE:ACHR) FY Conference January 13, 2026 11:45 AM ET Company ParticipantsAdam Goldstein - CEOConference Call ParticipantsNone - AnalystChris Pierce - Senior AnalystChris PierceGood morning, everyone. Welcome to the 20th Annual Needham Growth Conference. My name is Chris Pierce with the Needham Research Team. It's my pleasure to welcome Adam Goldstein, CEO, Archer Aviation. Why don't you give us 30 seconds to on company history, why you decided to start the company, then we can move into so ...