Archer Aviation stock: Cathie Wood buys $12.1M as analysts see 149% upside

Joby Aviation's stock fell 2% to $5.68 after a jury ruled it owes Aerosonic $116.9 million in a trade-secret case. Archer Aviation and EHang Holdings also declined, despite no direct involvement. Joby plans to appeal, citing disagreement with the verdict. The broader market and sector ETFs also saw declines.

The Pentagon has awarded contracts to Archer Aviation (up to $142M) and Joby Aviation (up to $131M) for eVTOL aircraft. Archer's Midnight aircraft is already delivered, while Joby is adapting to DoD's shift toward hybrid and autonomous tech. Archer's partnership with Anduril and potential acquisition of Boeing's Insitu may give it an edge in defense contracts.

Archer Aviation (ACHR) cleared its HSR antitrust hurdle for the Boeing (BA) deal, expected to close by year-end 2026. Insitu, a Boeing subsidiary, is projected to add over $200M in annual revenue. ACHR shares are down 45% in a year, trading at $5.51, with a market cap near $4.22B. Management expects Insitu to contribute positive free cash flow post-closing and operate on a self-funding basis.

Archer Aviation ACHR cleared a U.S. antitrust hurdle for its deal to acquire Boeing's BA Wisk Aero, SkyGrid, and Insitu units. The acquisition, expected to close by 2026, aims to create an end-to-end AI platform for aerospace and defense. Archer shares fell 1.23% in premarket trading.

Archer Aviation Inc. (ACHR) filed an SEC Form 8-K — Regulation FD Disclosure. Archer Announces Expiration of Hart-Scott-Rodino Waiting Period for its Acquisition of Boeing’s Wisk Aero, Insitu and SkyGrid Subsidiaries ​ SILICON VALLEY, CA, September 24, 2026 -- Archer Aviation Inc. (NYSE: ACHR) today announced the expiration of the waiting period under the

Archer Aviation (ACHR) has seen its stock fall 35% this year, despite strategic acquisitions and partnerships. The company reported Q2 2026 revenue of $5M and a net loss of $263M. Archer has $860M in cash, with a burn rate of ~$169M per quarter. The company's pivot to aerospace and defense AI, along with a Boeing partnership, has analysts setting a mean target of $10.61, but execution remains a key concern for investors.