Archer Aviation (ACHR) is gaining on news that it is coordinating with the U.S. Federal Aviation Administration (FAA) and Department of Transportation (DOT) to harmonize eVTOL rollouts in multiple nations. The statement, at the Paris Air Show, unveils a worldwide coalition with the U.K., Australia, New Zealand, and Canada — collaborating to establish a single worldwide certification regimen. The coalition was touted by CEO Adam Goldstein as “a step towards bringing our Midnight aircraft to skies around the world.”

This breakthrough reflects its efforts to introduce electric aircraft to commercial airspace, also recently supported by a U.S. executive order in favor of eVTOL testing and pilots. 

ACHR is picking up steam on multiple fronts: commercial relationships, AI acceptance, and expansion worldwide. ACHR remains sector leader, up over 220% in the past year.

About Archer Aviation Stock

Archer Aviation (ACHR) is a California-based firm that is conceptualizing electric vertical takeoff and landing (eVTOL) aircraft with a concentration primarily on urban air mobility. Archer, with a market cap of nearly $5.6 billion, is one of the relatively few eVTOL startups with over $1 billion in cash and deep partnerships led by United Airlines (UAL) and Stellantis (STLA).

ACHR stock has increased by 224% over the past 12 months, far outperforming the S&P 500 Index ($SPX). The stock touched a high of $13.92 during 2025 and remains extremely volatile, as its 52-week low is $2.82.

Valuation-wise, Archer is currently trading at 5.54x price-book and 0.06x debt-equity. Since revenue is zero for the time being — as is typical for a company that hasn’t commercialized yet — its enterprise value of $4.8 billion indicates tremendous investor belief in its future earning ability, especially with its growing backlog and high-margin commercialization strategy.

Archer Aviation Beats Estimates

Archer reported a Q1 2025 GAAP net loss of $93.4 million and an adjusted EBITDA loss of $109 million, just slightly better than feared. Operating expenses were $144 million and adjusted operating expenses were $113 million. Archer now controls over $1 billion in cash, so it now has the best balance sheet in the eVTOL space.

For the future, management predicts losses in Q2 adjusted EBITDA of $100 million to $120 million. Investors are looking toward commercial milestones, and not profitability, despite ongoing losses.

Recent news includes a firm summer delivery timeline for the company’s first Midnight aircraft to the UAE. Abu Dhabi Aviation and Ethiopian Airlines are the first customers under the “Launch Edition” program, designed to create a repeatable commercialization platform.

Separately, Archer announced a strategic collaboration with Palantir (PLTR) to together create flight software and future aviation systems. The collaboration would enable Archer to gain a technological edge as it makes the transition from test flying to commercial operations.

What Do Analysts Expect for Archer Aviation Stock?

According to Barchart data, Archer Aviation has a “Moderate Buy” consensus rating. Archer Aviation is covered by various analysts at present, and the majority of them are still bullish despite increased commercial traction. Its average price target is $11.94, good for 19% of potential gain. The high and low targets are $18.00 and $4.50, respectively, signs of wide disagreement due to commercialization risk, execution, and the need for eventual financing down the road.