Archer Aviation's Valuation Amid Executive Changes and Midnight Test Flight Progress.

Archer Aviation's (ACHR) valuation is in focus after recent executive changes and increased attention around its Midnight aircraft test flights and participation in a U.S. government eVTOL Integration Pilot Program. The stock has shown a 31.6% decline over the past year but a 95.3% total return over three years. Analysts see the stock as fairly valued, with a US$4.1b market cap and a recent track record of sharp share price swings.