ACHR Stock Could Soar 60%, Says HC Wainwright – after Archer Hits Major Flight Milestone

2025 is shaping up to be a landmark year for technology, with major advances unfolding across quantum computing, robotics, AI, and transportation. One company riding this wave of innovation is Archer Aviation (ACHR), a developer of electric vertical takeoff and landing (eVTOL) aircraft. The stock has been on a bull run lately, receiving fresh attention from Wall Street analysts after completing additional milestones. Recent updates from HC Wainwright and Canaccord Genuity have reaffirmed Buy ratings, citing growing government support, new defense partnerships, and ambitious revenue projections.

Government Support Provides Tailwind

Archer aims to be a key player in the future of urban air mobility. Its aircraft are designed for short-range, electric-powered flights in crowded cities. It plans to serve both the private and public sectors by selling aircraft and launching its flying taxi services.

Another boost came from a recent executive order from the White House. The order focuses on accelerating the deployment of electric aircraft and drones across multiple sectors, including public safety, defense, and emergency response. Analysts view this as a significant tailwind for companies like Archer and Joby Aviation (JOBY).

One of Archer’s most strategic partnerships is with Anduril, a defense technology company. Together, they are developing hybrid eVTOL aircraft tailored for military use. Analysts believe this collaboration could help Archer secure Department of Defense contracts and expedite product development.

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Analyst Sees 60% Upside

Amit Dayal from HC Wainwright raised his price target on the stock to $18, a potential 60% upside, citing government momentum and Archer’s expanding business model. The company plans to scale up production over the next few years, aiming to build more than 400 aircraft annually by 2031. Archer estimates it could generate around $1 billion in annual revenue by 2028. These projections are supported by expected gross margins in the 40% to 50% range.

In the near term, the company expects modest revenue, with forecasts of $18 million in 2025 and over $42 million in 2026. Still, analysts point to a strong growth curve, backed by commercial launches planned in the U.S. and the UAE. Each international launch is expected to contribute tens of millions in revenue as operations ramp up.

Canaccord Genuity also maintained a Buy rating with a $13.50 price target. Their note highlighted Archer’s strong positioning in the eVTOL market and its partnerships with major airlines. Regulatory progress is another reason for optimism, as easing restrictions could help the company speed up commercial deployment.

The company has recently raised over $300 million, providing it with over $1 billion in liquidity to fund growth, manufacturing, and expansion.

Is Archer Aviation Stock a Good Buy?

According to Wall Street, Archer boasts a Buy rating. The average ACHR stock price target is $11.83, implying a 5.06% upside.

See more ACHR analyst ratings

Takeaway

Still, risks remain. Archer is pre-revenue and will need to execute well to meet its production and launch targets. Certification from aviation authorities is still pending, and delays could affect the timeline. Overall, Archer offers a mix of opportunity and uncertainty. The upside case is built on early-mover advantage, strong partnerships, and favorable policy trends. Investors should weigh these strengths against the challenges of scaling a new aviation technology from prototype to commercial use.