tiprankstipranks
Trending News
More News >

Archer Aviation Named Exclusive Air Taxi Partner for LA28

Story Highlights

Confident Investing Starts Here:

Archer Aviation ( (ACHR) ) has provided an announcement.

On May 15, 2025, Archer Aviation announced its selection as the Exclusive Air Taxi Partner for the LA28 Olympic and Paralympic Games and Team USA. This partnership will see Archer’s Midnight eVTOL aircraft integrated into the Games, providing transport for VIPs, fans, and stakeholders, and supporting emergency services. The collaboration aims to transform transportation in Los Angeles, with plans to establish vertiports at key venues and visitor hubs, enhancing the Olympic experience and showcasing innovation on a global stage.

The most recent analyst rating on (ACHR) stock is a Buy with a $12.50 price target. To see the full list of analyst forecasts on Archer Aviation stock, see the ACHR Stock Forecast page.

Spark’s Take on ACHR Stock

According to Spark, TipRanks’ AI Analyst, ACHR is a Neutral.

Archer Aviation’s overall score reflects significant challenges in financial performance due to its developmental stage, lack of revenue, and reliance on financing. Technical indicators suggest mixed momentum, while valuation remains challenging with negative earnings. Positive developments in strategic partnerships and liquidity were highlighted in the earnings call, but FAA certification and high expenses pose risks.

To see Spark’s full report on ACHR stock, click here.

More about Archer Aviation

Archer Aviation is involved in designing and developing key enabling technologies and aircraft for the future of aviation. The company focuses on electric vertical takeoff and landing (eVTOL) aircraft, aiming to revolutionize urban air mobility.

Average Trading Volume: 27,219,956

Technical Sentiment Signal: Buy

Current Market Cap: $6.13B

For a thorough assessment of ACHR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App