Gold prices edge lower; heading for weekly losses ahead of U.S.-Russia talks
Investing.com - Cantor Fitzgerald has reiterated its Overweight rating and $13.00 price target on Archer Aviation Inc. (NYSE:ACHR), citing the company’s manufacturing ramp-up plans and progress toward commercialization. The stock, which has delivered an impressive 169% return over the past year according to InvestingPro data, continues to demonstrate high price volatility with a beta of 3.09.
The firm expressed encouragement about Archer’s production of six additional aircraft, three of which are in final assembly. These aircraft will be used either for FAA certification or initial commercialization deployment, with the company maintaining its timeline to commercialize in the fourth quarter of 2025, initially targeting the U.A.E. market. While analysts don’t expect profitability this year, InvestingPro data shows the company maintains a strong liquidity position with a current ratio of 15.8.
Cantor Fitzgerald views Archer’s expansion into hybrid VTOLs as a business de-risking strategy, highlighting the company’s exclusive partnership with Anduril Industries to jointly develop a hybrid-propulsion VTOL. The firm noted that pursuing military missions with the Department of Defense eliminates the need for FAA type certification for Archer’s hybrid aircraft.
The research firm identified Archer’s partnerships with the Department of Defense, United Airlines, and Stellantis (NYSE:STLA) as important differentiators in the industry. Cantor also pointed to Archer’s approximately $1.7 billion cash balance, which it described as the highest liquidity in the industry, providing confidence in the company’s path toward FAA certification and commercialization. InvestingPro analysis reveals the company holds more cash than debt, with a modest debt-to-equity ratio of 0.08. Get access to 10+ additional ProTips and comprehensive financial analysis in the Pro Research Report, available exclusively to subscribers.
Archer’s momentum in the industry was attributed to its expanding order book through its launch edition program and its exclusive agreement to provide air taxi service for the LA 2028 Olympics, according to the firm’s analysis.
In other recent news, Archer Aviation reported its earnings for the second quarter of 2025, revealing a larger-than-expected net loss per share. This financial result fell short of analyst expectations, highlighting ongoing financial challenges for the company. Despite missing earnings forecasts, Archer Aviation continues to focus on its strategic investments in eVTOL technology and manufacturing capabilities, aiming for future growth. The company’s commitment to advancing its technology underscores its long-term vision, even as it navigates current financial difficulties. This development is part of Archer Aviation’s broader efforts to position itself in the evolving aviation sector. While the earnings miss may raise concerns, the company’s strategic initiatives indicate a focus on potential future opportunities. Investors and analysts will likely continue to monitor Archer Aviation’s progress in addressing its financial challenges while pursuing its technological ambitions.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.