Archer Aviation Inc

Archer Aviation's shares have surged over 36% in the past month, driven by its acquisition of Boeing's Wisk Aero, SkyGrid, and Insitu units, which will give Boeing a nearly 20% stake in the company. The deal combines autonomy, eVTOL, and uncrewed aircraft capabilities into an end-to-end physical AI platform for aerospace and defense, and adds profitable drone maker Insitu, which generates over $200 million in annual revenue. Additional catalysts include the successful test flight of its Midnight aircraft and Cathie Wood's ARK buying 940,434 shares worth about $4.97 million. However, the company's financials remain weak, with Q2 revenue of only $5 million and a net loss of $263.2 million, while cash burn of $215.3 million per quarter leaves less than two years of runway. Despite the momentum, the stock is down 19% year-to-date, and the deal is expected to close by the end of 2026.

Boeing announced plans to sell three of its aerospace and electric vertical takeoff and landing businesses to Archer Aviation. In exchange for the businesses and a $55 million equity investment, Boeing will receive newly issued shares and warrants in Archer, giving it nearly 20% ownership after the deal closes later this year. Boeing retains rights to use Wisk's autonomous flight technology for its commercial and defense aircraft. The divestiture removes a distraction as Boeing works to restore its commercial aircraft business, recently marked by FAA approval of the 737 MAX 7. Boeing trades at about 77 times trailing earnings, a premium to GE Aerospace's 40 times, and management targets $10 billion in annual free cash flow, below the $14 billion generated in 2018.

Archer Aviation and AEG are partnering to build downtown Los Angeles' first vertiport at L.A. LIVE, making Archer the exclusive air taxi partner for the district. The announcement follows Archer's second-quarter 2026 results, which showed US$5.0 million in sales and a net loss of US$263.2 million, with loss per share narrowing slightly to US$0.34 from US$0.36. The L.A. LIVE deal strengthens Archer's visibility around urban deployment and its LA28 ambitions, but does not change the near-term reality that widening net losses and ongoing certification work remain the key catalyst and main operational and funding risk. Archer's recent progress with the Midnight piloted roundtrip between Salinas and Monterey ties directly into regulatory and operational milestones that underpin future air taxi services in Los Angeles and other eIPP markets. The company's narrative projects US$716.0 million revenue and US$62.9 million earnings by 2029, requiring 622.3% yearly revenue growth and an earnings increase of about US$805 million from negative US$742.5 million today.

Archer Aviation completed a piloted roundtrip intercity flight of its all-electric Midnight aircraft in coordination with the FAA. The company also announced a technical breakthrough with its ZEE aviation foundation AI model, built to predict real-time aircraft trajectories. Management framed both milestones as progress toward commercial air taxi operations and broader use of AI in aviation safety and air traffic management. The latest quarter shows US$5 million in sales against a net loss of US$263.2 million, so execution risk and cash use remain central to the story.

Archer Aviation CEO Adam Goldstein is projecting confidence about the company's future, backed by several tangible milestones. Management expects to begin initial U.S. operations later this year through the White House's eVTOL Integration Pilot Program while preparing for the 2028 Los Angeles Olympics, and Archer became the first eVTOL manufacturer to complete phase 3 of the FAA's four-phase type certification process. At the end of Q2, Archer held approximately $1.56 billion in cash, cash equivalents, and short-term investments, and it used roughly $156 million in operating cash while investing another $37 million in property and equipment. Archer will acquire Boeing's Wisk business, drone manufacturer Insitu, and airspace software company SkyGrid, adding an existing defense business that generates more than $200 million in annual revenue through Insitu. Archer reported only about $5 million in second-quarter revenue while posting a net loss of more than $263 million.

Archer Aviation has agreed to acquire three Boeing businesses—Wisk Aero, Insitu, and SkyGrid—in exchange for newly issued Archer stock. When the deal closes, Boeing will receive a stake equal to 19.75% of Archer's Class A shares immediately beforehand. Insitu, a military drone maker with more than $200 million in annual revenue, is one of the three businesses being acquired. Archer stock surged as much as 25% on the news before settling to a roughly 13% gain.

Archer Aviation shares rose more than 9% after the company reported second-quarter earnings that beat Wall Street expectations and announced a deal to acquire three businesses from Boeing. Revenue came in at $5.0 million, more than 150% above analyst targets, while the adjusted loss per share of $0.23 was narrower than the expected $0.25 loss. In a separate transaction, Archer will buy Insitu, Wisk, and SkyGrid from Boeing in exchange for a roughly 20% equity stake and additional warrants. Archer stated that Insitu generates $200 million in annual revenue and is profitable, though full audited financials have not yet been released.

Berkshire Hathaway posted second-quarter operating earnings per Class B share of $6.03, easily beating the $5.13 consensus forecast, and accelerated capital deployment with a $4.5 billion share buyback—its largest since 2021—and nearly $22 billion in equity purchases, including a new $10 billion stake in Google parent Alphabet. The conglomerate's cash pile slipped to $365.5 billion from $397.4 billion at the end of the first quarter, marking a shift from the prior nine months when it was a net seller of equities. In other corporate news, Barrick Mining reached an agreement with Newmont over their Nevada Gold Mines joint venture, resolving all outstanding conflicts and clearing the path for Barrick to list its North American assets in New York, with Newmont making a one-time payment of $1.95 billion to Barrick; however, Barrick shares fell 5.8% pre-market after missing second-quarter adjusted earnings expectations. Archer Aviation announced it will acquire Boeing's Wisk Aero, SkyGrid, and Insitu subsidiaries for an undisclosed sum, sending its shares up 12.5% in premarket trading. GameStop CEO Ryan Cohen is reportedly considering withdrawing his $56 billion buyout offer for eBay to propose a partnership or joint venture instead, according to Bloomberg.

Intel fell 3% premarket after announcing a $15 billion common stock offering to fund general corporate purposes including capital expenditures and working capital. GameStop rose more than 1.5% on a Bloomberg report that it is weighing abandoning its $56 billion bid for eBay, which eBay rejected in May as not credible. Hewlett Packard Enterprise gained over 5% after Morgan Stanley upgraded the stock to overweight, citing an attractive risk/reward profile. Verisk Analytics tumbled more than 6.5% after a Delaware judge ruled it must proceed with its $2.35 billion acquisition of AccuLynx, a deal it had terminated in December. Apple declined 1% following a Jefferies downgrade to underperform, with analysts citing canceled plans for an all-glass iPhone. Rocket Lab rose nearly 3% ahead of its second-quarter earnings report after the bell. Berkshire Hathaway added 0.5% after reporting a 16% increase in second-quarter operating earnings, driven by manufacturing, service, retailing, and energy profits, though insurance investment income fell 9%. Archer Aviation surged after announcing the acquisition of three Boeing subsidiaries, with Boeing taking an undisclosed stake.

Archer Aviation shares rose 10.3% after the company announced that its ZEE aviation AI model can predict aircraft movements on airport surfaces minutes ahead and that its piloted Midnight eVTOL completed a roundtrip flight between Salinas and Monterey in about nine minutes each way. The milestones suggest Archer is positioning itself not only as an electric air-taxi manufacturer but also as a potential provider of advanced aviation safety and traffic-management software. The Midnight roundtrip ties directly into Archer's White House eVTOL Integration Pilot Program work and preparations for the LA28 Olympics, both central to proving that air taxi services can operate on real city pairs at meaningful frequencies. While the ZEE news does not materially change near-term drivers yet, it could support more optimistic analyst projections that Archer could reach about US$868.1 million in revenue and US$73.8 million in earnings by 2029.

BWX Technologies reported consistent quarterly revenue growth over the past two years, while Archer Aviation only began recording sales in the final two quarters of the tracked period. BWX Technologies' revenue rose from $681.5 million in Q2 2024 to $861.1 million in Q1 2026, a 26% year-over-year increase driven by 121% growth in its commercial business to $283.6 million. Archer Aviation recorded zero revenue until Q4 2025, when it posted $300,000, followed by $1.6 million in Q1 2026, signaling its transition to commercial operations. The company was selected as the official air taxi provider for the 2028 Olympic Games in Los Angeles. BWX Technologies completed the acquisition of Precision Components Group in July 2026 and reported a net income margin of 11% for the quarter ended March 31, 2026, while Archer Aviation reported an earnings per share of negative $0.28 for the same period.

Archer Aviation CEO Adam Goldstein announced a new autonomous vertical lift aircraft platform developed with defense technology company Anduril, calling it the most sophisticated ever built. The platform includes Thunder, a defense-focused variant expected to fly next year, and Halo, a commercial variant, both designed for heavy payloads and autonomous operation. Archer is already working to certify its piloted Midnight eVTOL for air taxi services. The stock rose about 20% on the day of the announcement but remains down 37% year to date, with the company reporting trailing 12-month losses of $743 million.

Archer Aviation unveiled Halo, a new autonomous hybrid-electric aircraft designed for commercial cargo and logistics missions, expanding its product line beyond the passenger-focused Midnight eVTOL. Halo shares the same hybrid-electric powertrain and tilt-rotor design as Thunder, the defense aircraft unveiled by partner Anduril on July 20, but is tailored for unmanned operations such as delivering medical supplies or hauling equipment to remote sites. Archer named Marubeni Aerospace as Halo’s strategic launch partner, though no firm orders have been disclosed, and a first-flight date was not provided, while Thunder is planned for flight testing in 2027. The announcement comes as Archer continues to pursue FAA type certification for its flagship Midnight aircraft, having completed the third of four phases but not yet publicly demonstrating a piloted transition from vertical to forward flight. The new aircraft could open a meaningful revenue stream for the company, which currently lacks significant income, but the autonomous commercial certification process is expected to be extensive.

The global urban air mobility market is projected to grow from $2.16 billion in 2026 to $16.27 billion by 2035, with a compound annual growth rate of 20.9% for the 2031-2035 period. Rising urban congestion and demand for faster point-to-point transportation are accelerating interest in eVTOL solutions. The tilt-rotor/tilt-wing platform architecture segment is expected to record the highest growth, while the private ownership and use segment is projected to grow at the highest CAGR from 2026 to 2030. Asia Pacific captured the largest market share in 2025, driven by severe congestion and government support in China, Japan, and South Korea. Key companies profiled include Joby Aero, Ehang, Archer Aviation, and Airbus.

BETA Technologies has joined Archer Aviation and Macquarie Capital to form America's Consortium for Electric Skyways, a plan to deploy standardized electric aviation charging at up to 250 U.S. air taxi sites. The announcement comes as BETA Technologies shares posted a one-day return of 10.59% and a 30-day return of 21.99%, though the year-to-date return remains down 28.14%. The most followed narrative pegs fair value at $31.50, implying the stock, which closed at $19.64, is 38% undervalued. That valuation assumes aggressive revenue scaling, margin repair, and a rich future earnings multiple discounted at just over 8%, while risks include dependence on evolving FAA rules and the need for continued funding.

Advanced Micro Devices shares rose nearly 4% after Microsoft said it would offer AMD's Helios-based system on the Azure cloud, a move Wolfe Research called a testament to Helios' competitiveness ahead of AMD's Advancing AI day. Iren jumped more than 17% as the data center operator raised its year-end AI Cloud annualized run-rate revenue target to more than $4 billion from $3.7 billion after securing $2.8 billion in new multiyear contracts, with about 85% of that revenue under contract. Archer Aviation gained 17% after unveiling an autonomous vertical take-off and landing aircraft jointly developed with Anduril for defense and commercial use, with a first flight planned for next year. Movie theater stocks rose on a strong opening weekend for 'The Odyssey,' which took in $264.1 million worldwide and $52 million on Imax screens, while AMC added 20% after reporting a 12% rise in U.S. attendance. Sweetgreen fell 8% and Cava Group shed 5% as the FDA continued investigating a cyclospora outbreak, and SpaceX shares slipped 1% to a fresh low despite scheduling its next Starship launch attempt for Thursday.

Archer Aviation and Beta Technologies are partnering with Macquarie Capital to deploy standardized eVTOL charging hardware at up to 250 air taxi sites across the U.S. over the next decade. The initiative, called America’s Consortium for Electric Skyways, will use the Combined Charging Standard endorsed by the General Aviation Manufacturers Association, a plug incompatible with rival Joby Aviation’s aircraft. Joby developed its own Global Electric Aviation Charging System to support its distributed battery packs and coolant exchange, features not needed by Archer and Beta. The deployments are planned for airports and vertiports in California, Texas, Florida, and New York, potentially giving Archer and Beta an early infrastructure advantage. However, long-term success for all three companies will depend more on FAA approval and business model profitability than on charging standards.

Archer Aviation announced Zee, what it believes to be the world's leading aviation-specific foundational model, delivering a unified intelligence platform built on ADS-B, ATC communication, maps and charts, aircraft state, terrain and weather data. Zee is trained on real-world operational data aggregated through Archer's proprietary data pipeline and a global network of over 6,000 ADS-B receivers. The model is designed to work offline, on-device and as a server-hosted solution, critical for use across air taxis, UAVs, commercial airlines and air traffic management. Archer's AI team of nearly 100 researchers and engineers is led by Mario Srouji, formerly of Apple, and advised by Professor Ruslan Salakhutdinov, former VP of AI Research at Meta and Director of AI Research at Apple. The company is in discussions to deploy Zee initially through pilot programs with governments, airlines and other industry partners, targeting applications in airline operations, airspace management and copilot assistance to improve flight safety and efficiency.

Archer Aviation was recently added to several Russell value benchmarks, including the Russell 2000 Value and Russell 3000 Value indexes, increasing its visibility among institutional investors. The stock trades at $4.85, down 40.34% year-to-date and 55.01% over the past year, despite the index inclusion and other developments. A widely followed thesis pegs Archer Aviation's fair value at $20.04, suggesting it is 75.8% undervalued, based on its manufacturing partnership with Stellantis, a United Airlines order book, and a path to FAA certification for its Midnight aircraft in 2025 or 2026. The bullish case hinges on scaling in the urban air mobility market, but risks remain around timely certification and execution of defense and AI partnerships.

Archer Aviation is approaching regulatory approval for its electric vertical takeoff and landing air taxi and has been selected as the official air taxi provider for the 2028 Los Angeles Olympics. The company operates in the emerging urban air mobility sector, focusing on electric aircraft for short city and regional hops. With the Olympics on the horizon, this role provides a high-visibility use case for its aircraft, and investors will likely monitor certification progress, infrastructure build-out, and operational planning ahead of 2028. The stock currently trades at US$4.73, about 55% below the US$10.61 analyst price target, and is flagged as trading roughly 74.2% below Simply Wall St's estimated fair value, though it has fallen 30.5% over the past 30 days. Key risks include very limited revenue, ongoing losses, and recent shareholder dilution.

Archer Aviation is advancing toward certification of its Midnight aircraft, a key step for commercial operations. The company is working closely with regulators on certification activities while continuing flight testing, system validation, and compliance efforts. Achieving certification is expected to enable aircraft deliveries, support customer deployments, and execute commercial agreements. Archer Aviation's progress reflects its growing operational and engineering capabilities as it prepares for commercial production. The Zacks Consensus Estimate for 2026 and 2027 earnings per share suggests a year-over-year decline of 61.90% and growth of 7.51%, respectively. Archer Aviation currently holds a Zacks Rank #2 (Buy).

Archer Aviation is the better industrial stock compared to USA Rare Earth, according to an analysis by The Motley Fool. Both companies have market capitalizations in the billions—USA Rare Earth at $5.5 billion and Archer Aviation at $4.2 billion—but generate less than $10 million in combined trailing-12-month revenue, making them highly speculative. The analysis argues that Archer Aviation’s outlook hinges primarily on FAA approval, which could allow commercial air taxi operations to begin as soon as this year, while USA Rare Earth faces multiple execution risks including political support, construction timelines, and integration of its $2.8 billion Serra Verde acquisition. Wall Street analysts expect both to post solid revenue over the next two fiscal years, but Archer Aviation’s simpler path to commercialization gives it the edge for risk-tolerant investors.