JOBY

Archer Aviation's Progress: Archer Aviation is preparing to report its third-quarter results on November 6, with significant advancements in flight testing and global partnerships, although it still faces challenges in certification and funding before generating revenue.

Certification and Testing Updates: The company aims for U.S. certification of its Midnight aircraft, with 15% of the required work completed. Recent test flights have shown improvements in range and speed, but design modifications indicate further work is needed.

Global Expansion Initiatives: Archer has begun international operations, including delivering its first Midnight aircraft to Abu Dhabi and establishing partnerships in Japan and South Korea, which are crucial for its commercial setup abroad.

Financial Position and Market Sentiment: Despite a net loss of $206 million in the second quarter, Archer has a strong cash position of $1.7 billion, allowing continued investment. Analysts maintain a positive outlook, with a "Strong Buy" consensus and a projected price target indicating potential growth.

Archer and Joby Aviation Earnings Reports: Both Archer Aviation and Joby Aviation are set to report their Q3 2025 earnings soon, with investors keenly watching for updates on certification and commercial launch plans as both companies remain pre-revenue.

Joby Aviation's Growth and Partnerships: Joby has seen a 244% stock surge over the past year, bolstered by partnerships, including a significant collaboration with Nvidia to enhance its Superpilot system, and is expanding production capabilities in Ohio.

Archer Aviation's Progress and Acquisitions: Archer's stock has also risen 242% in the last year, driven by FAA approval progress and partnerships, including a recent deal to acquire patent assets from Lilium GmbH, which analysts believe will enhance its eVTOL technology.

Analyst Ratings and Price Targets: Analysts favor Archer with a Strong Buy rating and a higher average price target of $13.67, while Joby holds a Hold rating with a lower target of $15.50, indicating differing expectations for future performance between the two companies.

Earnings Season Overview: Retail investors are gearing up for a busy week with over 1,600 companies reporting earnings, including notable names like Nvidia, Oracle, and Palantir Technologies.

Key Earnings Reports: Major companies reporting include FuboTV, BioCryst Pharmaceuticals, and Uber, with Palantir expected to show significant growth in AI platform demand.

Market Reactions: Investors are closely watching earnings from companies like Robinhood and McDonald's, with expectations for strong growth but potential volatility due to market conditions and regulatory changes.

Upcoming Reports: The week will also feature earnings from vaccine-makers Moderna and Novavax, as well as other companies like Airbnb and DraftKings, indicating a diverse range of sectors being analyzed.