Archer Aviation Stock Soars on Regulatory Tailwinds for Electric Air Taxis

Archer Aviation shares surged 10% Monday, building on Friday's rally after former President TRUMP signed executive orders accelerating eVTOL development. The regulatory shift sent Joby Aviation up 14% in tandem, as both companies stand to benefit from streamlined testing protocols for electric vertical takeoff aircraft.

H.C. Wainwright raised Archer's price target to $18 from $12, citing reduced bureaucratic hurdles. The firm's bullish outlook follows Archer's progress in piloted testing of its Midnight aircraft, now advancing to new flight phases.

Three presidential directives aim to dismantle barriers for next-gen aviation tech, including a dedicated pilot program for eVTOL adoption. The moves signal growing institutional support for airborne electrification—a sector increasingly viewed as transportation's next frontier.