Archer Aviation's Growth Potential: A 2026 Outlook

Archer Aviation, an eVTOL company, aims to revolutionize air travel with its electric vertical takeoff and landing vehicles. Analysts estimate the opportunity could be worth $1 trillion by 2040. Despite competition from Chinese companies, Archer's business model, which includes manufacturing and selling its Midnight eVTOL to other companies while running its own air taxi service, could be its deepest economic moat. The company's operating loss rose 43% YoY in Q3, but it has $1.64 billion in cash to sustain its losses.