Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Archer Aviation Gets Strong Buy Backing as Analysts See 108% Upside
Wall Street analysts remain upbeat on Archer Aviation ACHR -3.07% ▼ after its full-year report, as the firm moves ahead with its air taxi plan. The stock now trades near $6.30, while several analysts keep price targets near $13. This gap points to more than 100% upside if the firm meets its goals.
Claim 70% Off TipRanks Premium
Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
Stay ahead of the market with the latest news and analysis and maximize your portfolio’s potential
Most recently, Cantor Fitzgerald four-star analyst Andres Sheppard kept a Buy rating on the stock with a $13 price target. At the same time, other firms such as Canaccord Genuity and H.C. Wainwright also kept Buy ratings on the shares.
Meanwhile, ACHR shares dropped 3.07% on Tuesday, closing at $6.32.
FAA Progress and Key Deals
First, analysts point to key steps in the U.S. air taxi path. Archer said the FAA gave full OK to the “Means of Compliance” for its Midnight craft. This step helps clear a path to full type cert, which the firm needs to run air taxi flights.
Similarly, analysts note strong ties to major groups. Archer has deals with United Airlines and Stellantis, which help with fleet plans and craft build. The firm is also contracted with the U.S. Department of Defense.
Path to Early Flights
Next, analysts see a path to first flights soon. Archer aims to start air taxi test runs in 2026 in sites such as Florida, Texas, and New York. These runs are part of a U.S. pilot plan backed by the White House.
At the same time, the firm keeps a strong cash base. Archer holds about $2 billion in cash and cash-like funds, which analysts say should help fund craft build and test work.
Is Archer Aviation Stock a Good Buy?
Based on six recent ratings, Archer Aviation has a Strong Buy view from Wall Street. The average ACHR stock price target is $13.20, which implies about 108% upside from the current share price.
Disclaimer & DisclosureReport an Issue