Archer Aviation Inc. (NYSE:ACHR) is one of the 10 Best Drone Stocks to Buy Right Now, with a consensus Buy rating and a one-year average share price target of $11.69, indicating a 56.07% upside potential. Canaccord Genuity analyst raised the price target to $13 from $12. Archer announced a deal to provide electric powertrain technology to UAE-based EDGE Group and Anduril. The technology, used on Archer’s eVTOL aircraft, is being provided to a third party for the first time, leading to potential revenue growth. Archer also signed agreements to deploy eVTOL aircraft in Saudi Arabia and secured contracts with international clients. Archer Aviation Inc. is an aerospace company focused on innovative aviation technologies.

Read more at Yahoo Finance: Analysts See 56% Upside To Archer Aviation Inc. (ACHR)