Analysts Favor Archer Aviation Over Joby Aviation in eVTOL Market Race

Wall Street's sentiment sharply diverges between two electric air taxi pioneers. Archer Aviation (ACHR) commands a Strong Buy consensus with 16 bullish ratings and a $13.14 average price target, implying 40% upside from current levels. H.C. Wainwright's $18 target leads the pack as the company progresses toward 2028 LA Olympics deployment and military contracts.

Meanwhile, Joby Aviation (JOBY) faces skepticism despite similar certification timelines. The market appears to reward Archer's $1.7 billion war chest and concrete commercialization milestones over Joby's technical achievements. Both companies burn cash aggressively - Archer's Q2 saw $206 million net losses - but analysts clearly bet on Archer's hybrid strategy blending civilian and defense applications.