Concerns about rising interest rates prompted big sell-offs for Archer Aviation last month. The stock is rebounding this month amid some potentially promising news for the eVTOL industry.
Archer Aviation slips 13.1% in a month, but regulatory progress, manufacturing readiness and urban air mobility expansion continue to support its long-term outlook.
The first half of the trading year typically operates on a dominant market narrative. Over the past six months, that narrative has favored massive artificial intelligence (AI) and compute infrastructure rallies.
Archer Aviation is executing Phase 4 FAA certification, with commercialization likely by 2028 and strong upside potential. ACHR's order book and selection as LA28 Olympics air taxi provider signal robust demand post-certification, supporting a bullish long-term view. Financials show improving EPS, with a projected swing from -$0.63 in FY2025 to $0.20 in 2028 as commercialization begins.
Archer Aviation's stock has declined more than 70% from its all-time high. It's not as impressive as Joby Aviation, but it still has plenty of irons in the fire.
Archer Aviation leverages high-profile partnerships with United Airlines and Stellantis to scale its air taxi production. Joby Aviation benefits from early revenue via its Blade acquisition and deep manufacturing integration with Toyota.