Cantor Fitzgerald four-star analyst Andres Sheppard has once again kept a Buy rating on Archer Aviation (ACHR) with a $13 price target. The call echoes his past notes, which highlighted the company’s strong cash runway, its work with partners such as Stellantis (STLA) and United Airlines (UAL), and its $142 million U.S. Air Force contract. Since the target has not moved, the thesis remains the same, showing steady conviction in the outlook for Archer shares.
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Meanwhile, ACHR shares continue their recovery after a challenging 2025 with a 4.23% rise yesterday, closing at $9.12.
New Step in U.S. Air Taxi Push
Meanwhile, Archer said it plans to join the federal eVTOL Integration Pilot Program, a White House plan launched in June to speed up electric air taxis in U.S. cities. The Department of Transportation and the Federal Aviation Administration will guide the effort, which gives firms a way to run trial flights before full approval. Archer is now in talks with airlines and cities to conduct tests of its Midnight aircraft, with the goal of demonstrating safety, low noise, and scalability.
Trial runs could begin in 2026, and the company said the data will shape the next stage of growth. Chief Executive Adam Goldstein called the step a sign that the U.S. is ready to move the sector forward. United Airlines noted its early bet on Archer and said the new plan shows why it backed the firm.
Is Archer Aviation Stock a Good Buy?
Despite the rough year for ACHR shares, Wall Street analysts remain optimistic about the company. Based on seven recent ratings, Archer Aviation boasts a “Strong Buy” consensus with an average 12-month price target of $13.14. This implies a 44.08% upside from the current price.
