New Engineering Hub: Archer Aviation Inc. is establishing a new engineering hub in South West England and hiring a senior British eVTOL engineering leader to enhance its presence in the U.K.'s aerospace and defense sector.
Collaboration with Anduril and GKN Aerospace: Archer has entered a teaming agreement with Anduril UK and GKN Aerospace to support the British Army's Project NYX and the Ministry of Defence's Land Autonomous Collaborative Platform program.
Hiring of Dr. Limhi Somerville: Dr. Limhi Somerville, previously of Vertical Aerospace, will join Archer in early 2026 to lead engineering efforts, emphasizing the company's commitment to developing hybrid-propulsion, dual-use aircraft.
Alignment with U.K. Defence Priorities: Archer's expansion reflects the U.K.'s strong aerospace talent and industrial capabilities, with CEO Adam Goldstein highlighting the importance of this growth for the future of advanced aerospace and defense technologies.
Wall Street analysts forecast ARKX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ARKX is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast ARKX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ARKX is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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0 Sell
Current: 33.750
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Current: 33.750
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
