Where Will Archer Aviation (ACHR) Stock Be in 1 Year?

Core Viewpoint - Archer Aviation, a developer of eVTOL aircraft, has faced challenges in meeting its production and revenue targets since going public through a SPAC merger in September 2021, leading to concerns about its investment viability [1][2][3]. Company Performance - Archer's stock price has decreased from $9.90 at its debut to approximately $8 [1]. - The company projected ambitious production goals of 10 eVTOLs in 2024, scaling up to 650 by 2027, with expected revenues soaring from $42 million in 2024 to $3.4 billion by 2027 [2]. - In 2024, Archer delivered only one test aircraft, generated no significant revenue, and reported a net loss of $537 million [3]. Production and Regulatory Challenges - As of August, Archer had manufactured only two commercial eVTOLs and had six in production, with no FAA clearance for commercial flights [3]. - Archer has a backlog of $6 billion for approximately 1,200 aircraft, indicating potential for future revenue if production ramps up and regulatory approvals are obtained [5]. - The partnership with Stellantis as a contract manufacturer is progressing slower than expected, impacting production timelines [6]. Future Outlook - Archer aims to produce two aircraft per month by the end of 2025, with a long-term goal of 650 annually by 2030, although current production numbers suggest it may miss these targets [6]. - Major airlines, including United Airlines and Ethiopian Airlines, plan to utilize Archer's eVTOLs for short-range air taxi services, which could provide a market for its products [4].