From Yahoo Finance: 2025-06-28 12:30:00

Archer Aviation Inc. (NYSE:ACHR) is listed as one of the 13 Best Aerospace and Defense Stocks to Invest in Now. Cantor Fitzgerald analyst Andres Sheppard reaffirmed an Overweight rating on ACHR with a price target of $13.00 on June 23, reflecting a 30% upside potential from the current level.

The price target is based on recent partnerships, including one with Jetex to develop infrastructure for Archer’s commercial air taxi network. ACHR also announced a strategic partnership to deploy its Midnight eVTOL aircraft in Indonesia, expanding its operations into Southeast Asia. These partnerships are seen as key drivers for future growth.

Archer Aviation Inc. designs and develops electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility and air taxi services. While ACHR offers investment potential, other AI stocks may offer greater upside potential with less downside risk. For more information, see the free report on the best short-term AI stock.

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Read more at Yahoo Finance: Cantor Fitzgerald Maintains an Overweight Rating on Archer Aviation (ACHR), Keeps the PT Unchanged