Archer Aviation Surges to 97th in Trading Volume with $88.3 Million in Shares Exchanged

On June 9, 2025, Archer Aviation (ACHR) saw a significant surge in trading volume, with a total of $88.3 million in shares exchanged, marking an 112.52% increase from the previous day. This surge placed Archer Aviation at the 97th position in terms of trading volume for the day. The stock price of Archer Aviation rose by 10.50%, marking the second consecutive day of gains, with a total increase of 20.30% over the past two days.

Archer Aviation's stock price experienced a notable increase following President Donald Trump's executive order in favor of drones and electric vertical takeoff and landing aircraft (eVTOLs). This order created a pilot program aimed at integrating eVTOLs into the national airspace, which is expected to boost the development and adoption of this technology.

Raymond James, a prominent investment firm, recently upgraded its price target for Archer Aviation from $11.00 to $12.00 and maintained an "outperform" rating. This positive outlook reflects the firm's confidence in the company's growth prospects and its potential to revolutionize urban transportation.

Archer Aviation is an early mover in the air taxi space, aiming to revolutionize the transportation industry by allowing people to fly above urban traffic on short-haul routes. The company's market capitalization stands at approximately $5.83 billion, presenting an opportunity for new investors to get in early on what could be an exciting long-term growth story.

However, the company has faced criticism from short-seller Culper Research, which published a report alleging that Archer Aviation has systematically misled investors about the progress of its eVTOL program. The report cited examples from employee emails, photos, and public statements that the short-seller believes contradict the company's claims. Archer's management dismissed the allegations as baseless and questioned Culper's credibility.

Despite the short-seller's allegations, Archer Aviation continues to focus on its financial reports and operational milestones. In the first quarter, the company reported operating losses of $144 million, primarily due to research and development expenses. However, with around $1 billion in cash and equivalents on its balance sheet, Archer Aviation has the financial resources to sustain its operations for several more quarters.

The company is also expanding its manufacturing capabilities through a partnership with multinational automaker Stellantis. The companies are collaborating to build a manufacturing facility in Covington, Georgia, which will eventually be capable of producing up to 650 aircraft annually. Archer Aviation expects to be able to produce two Midnight aircraft per month by the end of 2025.