Archer Aviation stock rating reiterated at Overweight by Cantor Fitzgerald

Investing.com - Cantor Fitzgerald has reiterated its Overweight rating on Archer Aviation Inc. (NYSE:ACHR) with a price target of $13.00, according to a research note published Monday. The stock, currently trading at $8.75, has shown remarkable strength with a 164% gain over the past year, though InvestingPro data indicates significant price volatility.

The firm’s decision follows Archer’s announcement that it plans to participate in a program that will test its Midnight eVTOL (electric vertical takeoff and landing) aircraft in select cities.

Archer will leverage its existing partnership with United Airlines (NYSE:UAL) to conduct these trial operations, focusing on demonstrating the aircraft’s safety features, low noise levels, and scalability potential.

The company aims to build community support through these demonstrations as it continues development of its air mobility solutions.

Cantor Fitzgerald noted that Archer will concentrate on showcasing these key performance aspects to strengthen public acceptance of its eVTOL technology.

In other recent news, Archer Aviation reported its earnings for the second quarter of 2025, revealing a larger-than-expected net loss per share, falling short of analyst expectations. Despite this earnings miss, the company remains focused on its strategic investments in eVTOL technology and manufacturing capabilities. Archer Aviation is seeking to participate in the newly established eVTOL Integration Pilot Program alongside United Airlines and interested cities. This program aims to facilitate supervised, pre-certification trial operations of electric vertical takeoff and landing aircraft in the United States.

Additionally, Archer Aviation’s Midnight aircraft recently completed a 55-mile piloted flight at speeds exceeding 126 mph, marking its longest piloted journey to date. Benchmark has reiterated its Buy rating on Archer Aviation, citing progress in eVTOL certification and a growing defense technology portfolio. Cantor Fitzgerald also reiterated its Overweight rating, highlighting Archer’s manufacturing ramp-up plans and progress toward commercialization. The company plans to commercialize in the fourth quarter of 2025, initially targeting the U.A.E. market.

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