Archer Aviation’s Shares Take Flight on Upgraded Price Targets and Expanding Opportunities
Archer Aviation’s stock continued to climb skyward Wednesday, buoyed by positive analyst sentiment and a wave of recent developments.
By mid-afternoon trading (around 3 p.m. ET), the electric vertical takeoff and landing (eVTOL) innovator’s share price had risen approximately 8.4%, even as the broader S&P 500 and Nasdaq Composite indices were down about 1%. This surge added to a remarkable run, with Archer’s stock now up more than 130% over the past month.
One of the primary catalysts behind Wednesday’s uptick in share price was an updated call from Cantor Fitzgerald. The firm reiterated its positive stance on Archer Aviation—maintaining an “overweight” rating—and raised its 12-month price target from $10 to $13 per share. As of this writing, that new target suggests roughly 30% upside from recent trading levels.
Cantor Fitzgerald’s vote of confidence comes on the heels of similar bullish coverage. Last Friday, Deutsche Bank maintained its buy rating on Archer and set a $15 price target, suggesting even greater upside potential. These endorsements signal growing optimism among analysts that Archer could emerge as a significant player in the rapidly approaching era of electric air taxis.
In addition to favorable analyst opinions, Archer Aviation’s momentum has been fueled by tangible progress on multiple fronts. Last week, CEO Adam Goldstein reaffirmed that the company anticipates its Midnight eVTOL aircraft will begin commercial operations in 2025, pending regulatory approvals. If achieved, this milestone would mark a significant leap forward in bringing on-demand, zero-emission air taxis to the public.
Further adding lift to Archer’s outlook is its newly announced partnership with defense technology company Anduril. By collaborating on specialized eVTOL platforms for the defense sector, Archer opens the door to a broad new market—one that could support substantial revenue streams and bolster long-term growth potential. With both commercial and defense-oriented projects moving forward, the company is mapping a multi-pronged strategy that extends beyond the initial passenger taxi concept.
It’s important to note that Archer remains a pre-revenue venture, so investors should recognize the inherent risks associated with early-stage aerospace enterprises. Achieving regulatory clearance, scaling manufacturing, and establishing a robust operational network are all challenging undertakings. Regulatory setbacks could stall the company’s commercial launch, and unexpected technical hurdles may arise.
Still, the company’s recent string of successful test flights, a growing roster of industry partnerships, and strengthening analyst support suggest that Archer’s narrative is trending positively. If the company’s forecasts hold true and its Midnight aircraft enter the market on schedule, Archer may prove to be a pioneering force, reshaping short-hop travel and cargo delivery in urban environments.
With analyst price targets drifting higher and new opportunities emerging in both commercial and defense markets, Archer Aviation’s star appears to be on the rise. While short-term volatility could persist, the company’s efforts to secure partnerships, advance regulatory approvals, and refine its technology could pave the way for a future in which electric air taxis become a common mode of transport.
As Archer’s journey toward commercialization continues, both supporters and skeptics will be closely watching the unfolding story. For now, the market’s response to upbeat analyst calls and promising strategic moves has lifted the company’s shares into notably higher altitude.
