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7 Flying Car Stocks to Buy Before the Sector Really Takes Off - 2 of 7

 
 

#2 - Archer Aviation (NYSE:ACHR)

Archer Aviation Inc. (NYSE: ACHR) may not beat Joby Aviation to the finish line, but it won’t be far behind. As of January 2025, Archer has completed the first three stages of FAA certification. And, like Joby, it expects to begin commercial flights in 2026.  

In 2021, Archer formed a partnership with United Airlines Holdings Inc. (NASDAQ: UAL). Originally, the partnership was designed to help with manufacturing. That has expanded to include the announcement of two point to point routes, one between Manhattan and Newark Airport and the most recent between downtown Chicago and O’Hare International Airport.  The company is also negotiating with the United Arab Emirates (U.A.E.) to launch an air taxi program in the country by 2026.  

Archer faces many of the same risks as Joby Aviation with high short interest, and the company is still years away from turning a profit. However, like Joby, Archer has a partnership with a key manufacturer, Stellantis N.V. (NYSE: STLA), to help ensure the company can successfully scale production.  



About Archer Aviation

Archer Aviation Inc, together with its subsidiaries, engages in designs, develops, and operates electric vertical takeoff and landing aircraft for use in urban air mobility. The company was formerly known as Atlas Crest Investment Corp. and changed its name to Archer Aviation Inc The company is headquartered in San Jose, California.
Current Price
$9.25
Consensus Rating
Moderate Buy
Ratings Breakdown
6 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target
$11.38 (23.0% Upside)