Archer Aviation's Trading Volume Drops 58.58% to $367 Million, Ranks 266th Amidst Stock Surge

On June 10, 2025, Archer Aviation (ACHR) saw a trading volume of $367 million, a significant 58.58% decrease from the previous day, placing it at the 266th position in the day's stock market rankings. The stock price of Archer Aviation rose by 1.07%, marking its third consecutive day of gains, with a total increase of 21.58% over the past three days.

Archer Aviation's stock price surged following President Trump's executive order aimed at accelerating the development of the U.S. electric air taxi industry. This order mandates expanded testing and pilot programs for eVTOL technologies, which could significantly lower regulatory hurdles for Archer's "Midnight" aircraft. The company has already partnered with United Airlines to launch eVTOL routes in major U.S. cities and is set to provide air taxi services during the 2028 Summer Olympics in Los Angeles, offering a high-profile opportunity to showcase its technology globally.

Analyst Amit Dayal from HC Wainwright raised his price target for Archer Aviation to $18, indicating a potential 60% upside. This optimistic outlook is supported by the company's strong commercial roadmap and the growing government support for the air taxi market. Archer Aviation has also raised over $300 million to fund the final stages of aircraft certification and production, positioning it well to capitalize on the fast-growing air taxi market.

Despite the positive developments, Archer Aviation remains a high-risk investment due to its pre-revenue status. While the consensus rating on Archer Aviation shares is "Moderate Buy," the mean target price of $11.39 suggests limited upside potential. The stock's volatility and reliance on execution make it a speculative play, suitable for investors with a higher risk tolerance.