Archer Aviation Inc Class A (ACHR)

Over the past six months, Archer Aviation's stock has experienced volatility. The stock surged in October 2025 following a promotional video featuring Tesla products, but also saw a decline due to concerns about production delays. Insider trading activity showed open market sales by executives, while major funds increased their holdings. Analysts have issued "Buy" or "Overweight" ratings with price targets ranging from $10 to $18. Key company developments include the acquisition of Lilium's patent portfolio, an exclusive partnership with Korean Air, being named the exclusive Air Taxi Partner for the Los Angeles World Cup 2026 and Super Bowl LXI, a strategic partnership with Stellantis, and securing additional equity capital. The company announced that its battery-powered air taxis will not receive certification by the end of 2025, delaying passenger flights to 2026 and reported a net loss of $206 million in Q2 2025.

As Archer Aviation is a pre-revenue company focused on development and certification, there is no established demand seasonality for its products and services. Commercial operations are anticipated to begin in the coming years, and specific seasonal demand patterns have not yet emerged.

Archer Aviation Inc. is an aerospace company focused on urban transportation through electric vertical takeoff and landing (eVTOL) aircraft. The company designs, develops, and manufactures eVTOL aircraft for urban air mobility and defense applications. Its flagship product is the Midnight eVTOL aircraft, designed to carry four passengers and a pilot for short trips within cities, engineered for a range of up to 100 miles at speeds of up to 150 miles per hour. Archer is actively working towards FAA certification for its Midnight aircraft.

Archer Aviation is based in San Jose, California, with manufacturing facilities in California and Georgia. Initial aerial ridesharing operations are planned for Miami and Los Angeles, with a network including locations at Los Angeles International Airport, USC, and other sites. The company also has ambitions for air taxi networks in New York City, Abu Dhabi, Dubai, Osaka, South Korea, and India. United Airlines has ordered 200 Archer electric aircraft.

In the past year, Archer Aviation's brand reputation has been shaped by successful public flight demonstrations and strategic partnerships with United Airlines, Stellantis, and Korean Air. The company's selection as the exclusive Air Taxi Partner for major global events enhances its public profile. The acquisition of Lilium's patent portfolio also strengthened Archer's technological base. However, the delay in certification for battery-powered air taxis and significant net losses could impact investor and public confidence.

Archer Aviation's ownership structure includes institutional investors, mutual funds, ETFs, and individuals. Institutional investors own 59.34% of the stock, while public companies and individual investors own 35.69%. Stellantis N.V. is the largest shareholder, followed by Marc E. Lore. Significant institutional holders include Vanguard Group Inc. and ARK Investment Management LLC. Corporate insiders own 7.65% of the company's stock.