Archer Aviation (ACHR) Soars on Political Tailwinds—Because Nothing Boosts Stocks Like Executive Whimsy

Trump's latest orders send speculative plays into orbit—and Archer's flying-car hype gets another rocket boost.

Wall Street's new mantra: Bet on buzz, not fundamentals. When politics move markets faster than earnings reports, you know we're in peak 'innovation economy' theater.

Bonus jab: Meanwhile, actual revenue remains as elusive as FAA certification.

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Through three executive orders, the Trump administration aims to speed commercial development of innovative aviation tech by reducing regulations that have been hindering their testing and production. Notably, a pilot program is being established to accelerate the adoption of electric vertical takeoff and landing (eVTOL) technology, thus benefiting Archer Aviation and Joby Aviation.

Recently, Archer Aviation announced that it is advancing to the next phase of its Midnight aircraft’s flight test program, after successfully completing its first piloted conventional take-off and landing (CTOL).

H.C. Wainwright Boosts Archer Aviation Stock’s Price Target

Reacting to Friday’s executive order related to eVOTL technology, H.C. Wainwright analyst Amit Dayal increased the price target for Archer Aviation stock to $18 from $12 and reiterated a Buy rating. Dayal believes that the executive order will speed up market development for eVOTLs and drones within the public safety, defense, and military verticals.

The analyst thinks that the expanding use of drones in the Russia-Ukraine war is driving national defense interest across the globe, leading to a significant rise in the inclusion of drones and eVTOLs in security infrastructure. Following the executive order, H.C. Wainwright’s long-term estimates significantly include revenue contributions from these applications.

Dayal highlighted that Archer is already working with the military and recently struck a partnership with Anduril to pursue building aircraft for these applications.

Is ACHR Stock a Buy, Sell, or Hold?

Currently, Wall Street has a Moderate Buy consensus rating on Archer Aviation stock based on four Buys and two Hold recommendations. The average ACHR stock price target of $11.83 implies about 5% upside potential.