Why Archer Aviation Stock Skyrocketed Last Week
Archer Aviation stock saw big gains in conjunction with news that Joby Aviation had doubled its vehicle production capacity.
Archer and Joby are competitors, but promising indicators in the eVTOL market often boost both companies valuations.
Archer stock is also getting a boost from interest surrounding drones for the defense industry.
10 stocks we like better than Archer Aviation ›
Archer Aviation (NYSE: ACHR) stock closed out the past week of trading with big gains. At the end of Friday's trading, the electric-vertical-takeoff-and-landing (eVTOL) specialist's share price was up 26.5% from the previous week's market close.
Archer Aviation roared higher following news that its competitor Joby Aviation is scaling up its manufacturing operations. Archer stock also got a boost from rising excitement surrounding drones for the defense industry.
Archer stock soars on Joby news and drone bets
On July 15, Joby Aviation published a press release announcing that it had doubled its vehicle production capacity at its Marina, California, manufacturing facility. The company also announced that it was ramping up components manufacturing and testing operations at its renovated plant in Dayton, Ohio.
Even though Archer Aviation and Joby Aviation are competitors, the fledgling eVTOL market is still in its infancy and should be able to support multiple winners. At this stage, Joby's progress actually appears to be a bullish indicator for Archer's outlook.
In addition to the Joby news, Archer stock got a boost as investors bet on companies that could be poised to benefit as the U.S. moves to strengthen its position in defense drones. Despite some volatile swings across the stretch, Archer Aviation stock is now up 36% across 2025's trading. With its latest valuation gains, Archer now has a market capitalization of roughly $7.3 billion.
What's next for Archer Aviation?
Joby's move to significantly increase its manufacturing operations could be a sign that the company expects to receive the necessary regulatory permits to begin operating in some key markets soon. If Joby receives regulatory approvals, there's a good chance that Archer Aviation will also be in good position to receive approvals to begin commercial operations for its Midnight craft. But while the potential commencement of commercial operations in the air-taxi space is likely to be the biggest factor in whether Archer posts meaningful revenue this year this year, news about eVTOLs and other drones designed for the defense industry could actually be a bigger catalyst for the stock in the near term.
Should you invest $1,000 in Archer Aviation right now?
Before you buy stock in Archer Aviation, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Archer Aviation wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!*
Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor.
See the 10 stocks »
*Stock Advisor returns as of July 15, 2025
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
25 minutes ago
- Globe and Mail
HII is Awarded Task Order to Develop Training Simulations for the U.S. Air Force and U.S. Space Force
MCLEAN, Va., July 24, 2025 (GLOBE NEWSWIRE) -- HII (NYSE: HII) announced today that its Mission Technologies division was awarded a $74 million task order to provide modeling and simulation capabilities to the U.S. Air Force that will inform technology-fielding decisions for the space community. Under the five-year effort, HII will continue to support the U.S. Air Force Research Laboratory's (AFRL) Space Vehicles Directorate, providing end-to-end modeling and simulation capabilities to the U.S. Air Force, U.S. Space Force and strategic partners. The work includes the development of simulations that will enable space units to train from their wartime locations. 'Modeling and simulation are central to the U.S. Air Force's ability to meet its top priorities, particularly in the space domain, which presents a unique set of challenges,' said Michael Lempke, president of Mission Technologies' Global Security group. 'We're pleased to continue our longstanding partnership with the AFRL and offer an operationally relevant solution set that will significantly enhance our space guardians' readiness as well as the survivability of U.S. assets in an increasingly more complex multi-domain environment.' The team is also developing decision aid software, which uses machine-to-machine data collection to enable decision-making required by space command and control organizations. HII was awarded the task order under the U.S. Department of Defense's Information Analysis Center Multiple Award Contract (IAC MAC) vehicle. The IAC MAC task orders are awarded by the U.S. Air Force's 774th Enterprise Sourcing Squadron to develop and create new knowledge for the enhancement of the Defense Technical Information Center repository and the research and development and science and technology community. Work will be performed at Kirtland Air Force Base in New Mexico. HII develops groundbreaking technology for the U.S. Space Force and combatant commands, including U.S. Space Command, U.S. Strategic Command and others in the role of space support for training, test and analysis. About HII HII is a global, all-domain defense provider. HII's mission is to deliver the world's most powerful ships and all-domain solutions in service of the nation, creating the advantage for our customers to protect peace and freedom around the world. As the nation's largest military shipbuilder, and with a more than 135-year history of advancing U.S. national security, HII delivers critical capabilities extending from ships to unmanned systems, cyber, ISR, AI/ML and synthetic training. Headquartered in Virginia, HII's workforce is 44,000 strong. For more information, visit: The DoD IAC, sponsored by the Defense Technical Information Center, provides technical data management and research support for DoD and federal government users. Established in 1946, the IAC program serves the DoD science and technology and acquisition communities to drive innovation and technological developments by enhancing collaboration through integrated scientific and technical information development and dissemination for the DoD and broader science and technology community. This material is based upon work supported by the DoD Information Analysis Center Program (DoD IAC), sponsored by the Defense Technical Information Center (DTIC) under Contract No. FA8075 18D0002. Contact:
CTV News
25 minutes ago
- CTV News
Honeywell raises 2025 forecasts on sustained demand for aerospace parts, services
This Aug. 15, 2014 photo shows the Honeywell InturVue weather radar in the cockpit of a Convair 580 plane during a flight demo over Florida. (AP Photo/Alan Diaz) Honeywell raised its annual forecasts after beating Wall Street expectations for second-quarter results on Thursday, buoyed by strong demand for its aerospace parts and maintenance services. Shares of the company rose 1.5 per cent in premarket trading. The company, which supplies avionics and flight control systems to Boeing and Airbus, has benefited from rising demand as planemakers ramp production after long delays due to supply chain issues. Honeywell has also capitalized on a shortage of new jets, providing aircraft maintenance and repair services as airlines continue to fly an older, cost-intensive fleet. The company's aerospace division, its biggest revenue generator, posted a 10.7 per cent jump in sales to US$4.31 billion in the second quarter. Honeywell now sees 2025 adjusted profit per share between US$10.45 and $10.65, up from its previous forecast of US$10.20 to US$10.50. The company also raised its revenue outlook and now expects between US$40.8 billion and US$41.3 billion for the year, up from the US$39.6 billion and US$40.5 billion it had previously forecast. The engines-to-switches conglomerate has been in the process of streamlining its portfolio under CEO Vimal Kapur, making acquisitions as well as shedding assets weighing on its business. After pressure from activist investor Elliott Management, Honeywell in February announced plans to separate its businesses. The company will spin off its aerospace business and retain the automation segment, which will be led by Kapur. Honeywell is reviewing alternatives for its productivity solutions and services unit and the warehouse and workflow solutions division, which have been a drag on the company's earnings in the past few quarters. The industrial automation unit, which houses the businesses, reported a five per cent fall in sales in the second quarter. Total sales, meanwhile, rose 8.1 per cent to US$10.35 billion, exceeding analysts' average estimate of US$10.07 billion, per data compiled by LSEG. Honeywell reported an adjusted profit of US$2.75 per share, also beating analysts' expectations of US$2.66. --- Reporting by Utkarsh Shetti in Bengaluru; Editing by Shinjini Ganguli
CTV News
an hour ago
- CTV News
Keurig Dr Pepper quarterly revenue beats expectations fueled by U.S. demand
The logo for Keurig Dr. Pepper appears above a trading post on the floor of the New York Stock Exchange, Thursday, July 12, 2018. (AP Photo/Richard Drew, File) Keurig Dr Pepper reported second-quarter slightly revenue above Wall Street expectations on Thursday, driven by strong demand for its energy drinks and soft beverages, especially in the U.S. Why it is important The Snapple maker enjoyed resilient demand for its higher-priced ready-to-drink beverages, including Yoo-Hoo and Crush, and through the popularity of its majority-owned energy-drink maker, Ghost. The company's results mirror those of bigger rivals PepsiCo's and Coca-Cola's, both of which recently beat quarterly estimates on strong demand. Key quote 'Though the back half will present new challenges, we are on track to deliver our 2025 outlook,' said CEO Tim Cofer. Market reaction Shares of Keurig Dr Pepper, which rose about four per cent so far this year, were flat in premarket trading. Context Instability arising from U.S. President Donald Trump's fluctuating tariff policies and the resulting trade tensions has led to a decline in consumer spending. Keurig also faces a direct risk from tariffs on its business in Canada and Mexico, especially due to the Canadian boycott of U.S. products, and the impact of tariff-driven coffee prices. By the numbers Net sales for the quarter rose 6.1 per cent to US$4.16 billion, compared with estimates of US$4.14 billion, according to data compiled by LSEG. Keurig Dr Pepper posted an adjusted profit of 49 cents per share, in line with analysts' estimates. The Sun Drop maker's volumes grew five per cent compared to a 1.8 per cent rise a year ago, with Ghost contributing 4 percentage points to the volume growth. Net sales in the U.S. beverages segment rose 10.5 per cent compared to a 3.3 per cent rise in the year-ago quarter. The company continues to expect annual net sales to grow in the mid-single-digit range and adjusted profit to grow in the high-single digits. --- Reporting by Neil J Kanatt in Bengaluru; Editing by Shailesh Kuber
