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Archer Aviation (ACHR) is steadily climbing the ladder in the electric vertical takeoff and landing space, shaping the core of a trillion-dollar mobility revolution. This week, the company announced it had partnered with Jetex to expand its global air taxi network. The companies will first start by focusing on the United Arab Emirates.
Jetex has a portfolio of private aircraft terminals at airports in more than 30 countries. Partnering with the aviation services company gives Archer Aviation access to that expansive network. The two companies plan to work together on “designing the passenger experience” and establishing the charging infrastructure and daily flights of its Midnight eVTOL.
With shares of the flying car stock rapidly gaining investor attention, is ACHR worth a closer look here?
About Archer Aviation Stock
Archer Aviation (ACHR) is determined to redefine urban air mobility through electric vertical takeoff and landing (eVTOL) aircraft. With a market cap now at $5.6 billion, the company operates in both commercial and defense sectors.
Over the past 52 weeks, ACHR stock has soared 233%.
Archer Aviation Surpasses Q1 Earnings
On May 12, Archer turned a promising corner with its first-quarter 2025 financial results, delivering numbers that flew past Wall Street’s tempered expectations. The loss per share landed at $0.17, narrowing 52.8% year over year and a considerable leap from the anticipated $0.28 loss per share.
Even the net loss showed signs of controlled descent, easing by 19.8% from the year-ago value to $93.4 million. Operating expenses climbed 1.3% year over year to $144.0 million, underscoring Archer’s calculated push to scale operations.
The company closed the quarter with more than $1 billion in cash and cash equivalents on March 31, up sharply from $834.5 million at the end of December 2024, an exceptional war chest for a pre-revenue company.
The company remains on course for commercial takeoff with the Launch Edition program in the UAE poised to start generating revenue later this year. Plus, its partnership with Palantir Technologies (PLTR) is laying the artificial intelligence (AI) groundwork for next-gen aviation, while plans with United Airlines (UAL) for an NYC air taxi network continue to gain altitude.
Looking ahead, analysts expect a 19.4% year-over-year improvement in its Q2 2025 loss per share to $0.25, and a full-year 2025 loss narrowing by 30.3% to $0.99 per share, suggesting Archer might be ready for liftoff.
What Do Analysts Expect for Archer Aviation Stock?
ACHR finds itself in the market’s good graces, backed by a “Moderate Buy” consensus. Out of the nine analysts actively tracking the stock, five have placed a firm bet with a “Strong Buy” recommendation, while two align with a “Moderate Buy.” The remaining two prefer to hold their ground with a “Hold” rating, signaling a wait-and-watch approach.
The average price target of $11.94 represents potential upside of 17%, while the Street-high target of $18 suggests that the stock can climb as much as 76% from the current price level.
