Archer Aviation collaborates with FAA and DOT to advance eVTOL technology globally

From Yahoo Finance: 2025-06-22 07:25:00

Archer Aviation (ACHR) is collaborating with the FAA and DOT to harmonize eVTOL rollouts globally, forming a coalition with the U.K., Australia, New Zealand, and Canada. ACHR is a California-based eVTOL startup with deep partnerships, a $5.6 billion market cap, and over $1 billion in cash led by United Airlines and Stellantis.

ACHR stock has surged by 224% in the past year, outperforming the S&P 500. Currently trading at 5.54x price-book and 0.06x debt-equity, ACHR’s enterprise value of $4.8 billion reflects investor confidence in its future earning potential, despite zero revenue at present.

Archer reported a Q1 2025 GAAP net loss of $93.4 million, with an adjusted EBITDA loss of $109 million. With over $1 billion in cash, it boasts the strongest balance sheet in the eVTOL space. Losses are expected to continue in Q2, with a focus on commercial milestones rather than profitability.

Archer plans to deliver its first Midnight aircraft to the UAE this summer, with Abu Dhabi Aviation and Ethiopian Airlines as launch customers. A strategic collaboration with Palantir aims to develop flight software and future aviation systems, giving Archer a technological edge as it transitions to commercial operations.

Analysts give Archer Aviation a “Moderate Buy” consensus rating, with an average price target of $11.94, implying a 19% potential gain. Despite commercial traction, there are varying opinions on the stock due to commercialization risks, execution challenges, and future financing needs.



Read more at Yahoo Finance: Archer Aviation Is Linking Up With the FAA in a Victory for eVTOLs. Should You Buy ACHR Stock Here?