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ACHR

Archer AviationACHR

$5.23
Updated Aug 6, 2026
Quality Score
2.7
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Why Archer Aviation stock moved?

Updated Aug 6 at 2:04pm ET.

$5.23
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What's happening with the stock

Archer Aviation rose about 1 percent today, continuing a week-long climb that has erased most of its losses from earlier in the month. We think this is mostly about a string of positive updates, including a successful city-to-city test flight and a new partnership to build charging stations.

Our view

Archer is hitting its marks on flight testing and has enough cash to last a while, but it still has to prove it can mass-produce these aircraft. If you already own it, there is nothing to do here but sit tight and watch the progress toward FAA certification.

Read full thesis on Archer Aviation

Latest Archer Aviation updates

Follow Archer Aviation to never miss an important update.

ACHR
ProductPositive
Aug 5

Aviation AI model demonstrates airport traffic predictions

Archer announced that its specialized AI model, called ZEE, has reached a milestone in predicting aircraft trajectories on airport surfaces in real time. This technology is designed to help autonomous aircraft navigate busy runways and taxiways safely by anticipating the movements of other planes.

While Archer is primarily known for its electric air taxis, this software layer is a critical part of the long-term plan. For these aircraft to eventually fly without pilots in crowded cities, they need a high level of situational awareness that goes beyond simple sensors. This progress shows Archer is building the digital brains of its fleet alongside the physical hardware.

Source: Business Wire

ACHR
Company newsPositive
Aug 3

Midnight aircraft completes first piloted roundtrip city flight

The Midnight aircraft completed a piloted roundtrip flight between Salinas and Monterey, California. This marks a shift from testing single takeoffs to proving the plane can handle actual city-to-city routes that mimic how it will be used by customers.

This flight is a necessary step for the federal certification process. Before Archer can carry paying passengers, it must prove to regulators that the aircraft is reliable for repeated, scheduled trips. Moving into piloted inter-city flights suggests the company is gaining confidence in the aircraft's performance and battery range.

Source: Business Wire

ACHR
ProductPositive
Jul 22

New autonomous aircraft platform unveiled for defense and commercial use

Archer and the defense tech firm Anduril revealed a new aircraft platform with two versions: Thunder for military use and Halo for commercial use. Both versions use the same frame and hybrid power system, but they can be fitted with different equipment depending on the mission.

This partnership is a smart way for Archer to lower its costs. By sharing the expensive work of designing and building the airframe with a defense partner, Archer can reach more markets without spending as much of its own cash. It also gives the company a path into defense contracts, which can provide steady revenue while it waits for its passenger air taxi business to get final approval.

Source: Business Wire

ACHR
Company newsPositive
Jul 16

Consortium formed to build 250 charging sites by 2030

Archer, BETA Technologies, and Macquarie Capital have launched a group called ACES to build charging infrastructure at over 250 sites across the U.S. The goal is to create a standardized system so that different types of electric aircraft can all use the same plugs and stations.

Lack of places to charge is one of the biggest hurdles for the air taxi industry. By teaming up with a rival and a major infrastructure investor, Archer is helping solve this problem for the whole sector. For owners, this reduces the risk that Archer builds a great plane but has nowhere to land it, while sharing the massive cost of building out these sites.

Source: Business Wire

Archer Aviation analyst price targets

Average target$12+129%vs $5.23 today
TodayAvg price
Low $12High $12
Strong Buy9 analysts
0Bearish
2Neutral
7Bullish
FirmRatingPrice TargetDate
Canaccord Genuity
Buy
$13→$12
5/12/2026
Goldman Sachs
—
$11
12/1/2025
Canaccord Genuity
Buy
$12→$13
11/21/2025
Cantor Fitzgerald
Overweight
$13
11/10/2025
Canaccord Genuity
Buy
$13→$13.50
2/28/2025
Canaccord Genuity
Buy
$7.50
8/9/2024
Canaccord Genuity
Buy
$3.25
6/5/2024
Canaccord Genuity
Buy
$9
5/30/2024
Barclays
Equal Weight
$4
9/12/2022

Archer Aviation earnings

The company has a habit of beating expectations, clearing the bar in five of the last eight quarters. It suggests management is doing a good job of controlling costs while the business is still in its pre-revenue testing phase.

Earnings history
EstimateBeatMiss
$-0.48$-0.29$-0.11Aug '24Nov '24Feb '25May '25Aug '25Nov '25Mar '26May '26nextAug '26

Archer Aviation past earnings results

ExpectedActualSurprise
EPS$-0.31$-0.28+9.9%
Revenue$2M$2M-3.8%

Key highlights

  • Losses expected to widen: For the second quarter of 2026, the company expects an adjusted EBITDA loss, which is a measure of profit that excludes certain non-cash and one-time costs, of between $170 million and $200 million. This forecast suggests spending will continue to climb as the company moves toward the final stage of certifying its aircraft and launching commercial flights.
  • Certification milestone reached: The company became the first to close Phase 3 of the FAA's four-phase certification process for this type of aircraft. This keeps them on path to begin initial US flight operations in 2026, which is critical because they cannot generate meaningful revenue until the government officially approves the aircraft for commercial use.
  • Liquidity remains robust: Total liquidity ended the quarter at $1.8 billion, a decrease of $188.8 million from the previous quarter primarily due to cash used for operations and buying equipment. Maintaining a high cash balance is vital for a pre-revenue company that expects to continue spending heavily on manufacturing and testing through the end of the year.
  • Flight testing frequency high: The company is now conducting piloted flight tests nearly every day across its expanded fleet at Hawthorne Airport. This consistent testing schedule is a significant increase from earlier development stages and is required to collect the data necessary for the final phase of FAA approval.
  • Defense and AI expansion: Management expects to begin winning phased government awards later this year for its hybrid autonomous aircraft program. By partnering with technology leaders like NVIDIA and Starlink, the company is attempting to move beyond air taxis into the $20 billion market for air traffic control modernization and military vertical lift platforms.

Our take: This was a productive quarter that keeps the 2026 launch timeline alive. While the $172.5 million loss is large, the company has enough cash to fund operations through its most intensive testing phase. Reaching the final stage of FAA certification is the key result that strengthens the long-term investment case.

Archer Aviation’s next earnings date

Q2 2026
AUG
10
Expectation
EPS$-0.34
Revenue$2M

Metrics we are tracking

Metric
Expectations
Status
FAA Certification Stage
Completion of Phase 4 and Type Certification
Closed Phase 3 as of Q1 2026
Total Liquidity
Staying above $1.0 billion through the end of 2026
$1.8B as of Q1 2026
Order Backlog Conversion
Turning United Airlines' indicative orders into firm, non-refundable contracts
$1.5B in indicative orders (United)
Daily Flight Test Cadence
Maintaining daily piloted flight testing across the Midnight fleet
Nearly every day in Q1 2026

More Archer Aviation coverage from around the web

Archer's ZEE AI Foundation Model Achieves Frontier Breakthrough for Aviation Safety: Demonstrating Real-Time 'Prediction' of Airport Surface Trajectories

Business Wire · Press release · Aug 5

Archer's Midnight Completes City-to-City Flights in California Ahead of White House's eIPP

Business Wire · Press release · Aug 3

Archer Aviation: Taking Off With Anduril

Seeking Alpha · Opinion · Jul 29

Archer Aviation: The Cash Runway Is Short

Seeking Alpha · Opinion · Jul 27

Anduril, Archer Aviation unveil hybrid-electric VTOL for defense and commercial use

Fox Business · Jul 21

Archer CEO reaffirms 'ambitious' 2028 flight goal as company unveils military craft with Anduril

CNBC · Jul 20

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