Investor Cautions Against Premature Moves on Archer (ACHR) Stock Despite eVTOL Hype
Archer Aviation has positioned itself as a frontrunner in the emerging electric vertical takeoff and landing (eVTOL) aircraft sector, fueling a 309% stock surge over the past year. The company's Midnight aircraft—designed for urban routes with four passengers and a pilot—promises faster, quieter transit than traditional ground transportation.
United Airlines' conditional order for 200 units and manufacturing support from Stellantis underscore institutional confidence. Yet operational milestones remain theoretical: no commercial eVTOL networks currently exist. Archer targets 2026 for service launch, contingent on regulatory approvals and technical execution.