Archer Aviation Plans Air Taxi Trials in Major U.S. Cities by 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: NASDAQ.COM
- Market Potential: Morgan Stanley estimates that the eVTOL market could be worth approximately $9 trillion by 2050, highlighting Archer Aviation's significant potential in this emerging sector.
- Pilot Program Launch: Archer plans to initiate air taxi trials in major U.S. cities by 2026, benefiting from the White House's eVTOL Integration Pilot Program, although FAA certification may still take time.
- Significant Investment Risks: Despite the optimistic market outlook, Archer is still in its early stages, and the FAA's stringent safety standards could delay commercial operations, while consumer demand remains uncertain, increasing investment risks.
- Complex Competitive Landscape: In the electric air taxi space, Archer faces dual challenges of technology and market acceptance, and while its stock trades at around $9, investors must carefully assess its long-term profitability.
ACHR
$7.89+Infinity%1D
Analyst Views on ACHR
Wall Street analysts forecast ACHR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ACHR is 12.20 USD with a low forecast of 8.00 USD and a high forecast of 18.00 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.
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 8.130
Low
8.00
Averages
12.20
High
18.00
Current: 8.130
Low
8.00
Averages
12.20
High
18.00
About ACHR
Archer Aviation Inc. is an aerospace company. It is engaged in providing customers with advanced aircraft and related technologies and services in the United States and internationally in both the commercial and defense sectors. Its commercial line of business consists of the sale of its commercial aircraft (Archer Direct), such as Midnight, to aircraft operators as well as technologies and services related thereto, including commercial launch (certification, testing, training, demonstration, market survey and early trial operations), and maintenance and repair. Its defense line of business consists of the sale of aircraft and related technologies for defense applications. Its initial product is intended to be a hybrid-propulsion, vertical take-off and landing (VTOL) aircraft. Its Midnight aircraft is designed around its proprietary 12-tilt-6 distributed electric propulsion platform. It carries four passengers plus a pilot. The aircraft is purpose-built for air taxi operations.
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.
