Archer Aviation (NYSE:ACHR) Up 7% on Week as Defense Contract Priced Orders Remain Pending

Archer Aviation Retains Roughly $390 Million in Estimated Gains After U.S. Session Closes Ahead of Q2

NEW YORK, July 27, 2026, 7:17 p.m. ET — The U.S. regular trading session has ended.

  • Archer finished Monday’s session 3.8% higher at $4.95.
  • The stock rose 7.4% over the past week and is up 11.5% since July 17.
  • Second-quarter earnings will be released following the market close on August 10.

Archer Aviation Inc. closed on Monday with an estimated post-launch equity increase of $390 million. Shares advanced 3.8% to $4.95.

The increase is less than what the first day of trading indicated. Shares surged 19.6% on July 20 before declining through Friday.

Archer Aviation Retains Roughly $390 Million in Estimated Gains After U.S. Session Closes Ahead of Q2

By Friday, investors had given back 62% of the initial day’s dollar gain. Monday’s recovery reduced that pullback to 41%.

Shares ended the week with a 7.4% gain. They are currently 11.5% higher than the closing level on July 17.

The initial calculation is based on Archer’s most recently disclosed 759.6 million shares outstanding. The $387 million rise amounts to 2.6 times the company’s first-quarter operating cash burn.

Trading activity declined significantly, with Monday seeing 29.9 million shares exchanged—under a third of the volume recorded on July 20.

During the period, Archer outperformed its nearest publicly traded eVTOL competitors.

CompanyJuly 17 closeJuly 24 closeLast weekJuly 27 closeSince July 17
Archer Aviation Inc. $4.44$4.77up 7.4%$4.95up 11.5%
Joby Aviation Inc. $7.23$6.93down 4.1%$7.37up 1.9%
Vertical Aerospace Ltd. $1.48$1.38down 6.8%$1.42down 4.1%

Returns are based on closing prices that have not been adjusted.

The spread suggests targeted company buying rather than just a sector recovery. Joby jumped on Monday but finished only 1.9% higher compared to July 17.

The recent catalyst involved Thunder, an autonomous hybrid-electric aircraft designed by Anduril Industries. The inaugural flight is scheduled for 2027.

Archer unveiled Halo, a commercial model built on the same platform. The announcement included details of research and use-case development, but did not specify any confirmed order value.

Chief Executive Adam Goldstein stated the partners developed “a very specific aircraft for that need.” His remarks positioned Thunder as a defense offering designed for a particular purpose. Reuters

H.C. Wainwright analyst Amit Dayal said he was “impressed by the product design and expected technology capabilities.” He pointed to customers, pricing and order size as key details that were still outstanding. TipRanks

Archer announced on Monday that it plans to release its second-quarter results following the close on August 10. The company will begin its webcast at 2 p.m. Pacific.

Archer expects an adjusted EBITDA loss of between $170 million and $200 million for Q2, according to its initial estimate. Liquidity as of March was $1.776 billion.

Traders will continue to evaluate the launch premium throughout the remainder of the week. The company’s next official update is set for August 10.

Risks continue to be elevated. Halo deals are subject to conditions, and Thunder’s inaugural flight is still planned for 2027. Accelerated cash burn or dilution could eliminate the current premium.

Investors have purchased optionality. The August update will need to demonstrate if contracts are able to uphold it.

What caused ACHR to bounce back on Monday, and has its momentum recovered?

ACHR ended Monday at $4.95, up 3.77% during standard trading hours. The volume traded was 30.1 million shares, falling short of the 37.8 million average. Shares remained 6.8% under their July 20 close. That previous surge came after Thunder was introduced, with short covering likely contributing to the rise. Monday’s uptick clawed back some of the previous week’s loss. Google

What is the upcoming scheduled catalyst for Archer?

Archer is set to release its second-quarter results following the close on Monday, August 10. Executives are scheduled to hold a webcast at 2 p.m. Pacific that day. This update is still nearly two weeks away, rather than occurring this week. It remains the next confirmed milestone on Archer’s calendar. Announcements regarding the FAA, eIPP, or contracts that are not yet scheduled could also impact the stock. Archer Aviation

What are the key second-quarter figures that investors will monitor?

Archer forecasts an adjusted EBITDA loss between $170 million and $200 million for the second quarter, following a Q1 adjusted EBITDA loss of $172.5 million. Revenue reached just $1.6 million, while operating expenses totaled $256.2 million. Google Finance lists consensus forecasts at around $1.96 million in revenue and a $0.25 loss per share. The range of analyst estimates is small and could be revised ahead of the report. Archer Aviation

Is Archer’s current cash position sufficient, or will it need to raise more funds?

Archer reported $1.776 billion in cash and short-term investments at the end of March. The company used $149.1 million in operating cash, along with $32.6 million for equipment purchases. According to management, this funding is expected to cover at least the next twelve months from filing. Class A shares were up around 38% from May 2025 to May 2026. Robust liquidity reduces the need for near-term financing, but the possibility of future dilution remains significant. SEC

What is Midnight’s current status regarding FAA certification and commencing U.S. services?

Archer reports completing Phase 3 of FAA type certification in April, claiming to be the first eVTOL maker to achieve this milestone, though this standing is self-reported. Progressing to Phase 4 will require formal compliance tests and analysis. Federal authorities include Archer in eIPP initiatives for New York-New Jersey, Texas, and Florida. The start of limited pilot-controlled operations may happen ahead of full commercial licensing, but timing is still unclear. Archer Aviation

Will Halo and Thunder have a significant impact on short-term revenue?

Thunder is designed for defense applications, while Halo is aimed at commercial logistics. Both are based on an autonomous hybrid-electric VTOL system co-developed with Anduril. Thunder’s initial flight is set for 2027, after preliminary tests using surrogate aircraft. Halo named Marubeni Aerospace as its strategic launch partner, but details on orders were not provided. With no disclosure of aircraft quantities, contract values, or delivery schedules, short-term revenue prospects are uncertain. Business Wire

Is ACHR considered inexpensive at $4.95?

Archer’s market value is about $3.8 billion at $4.95 per share. The company reported $1.776 billion in cash and short-term investments as of March. Its first-quarter revenue totaled $1.6 million, while the net loss was $217.7 million. Much of Archer’s valuation depends on certification milestones, expected orders, and potential defense contracts. With negative earnings, typical price-to-earnings metrics cannot be applied. ACHR shares do not appear notably inexpensive under current figures. Google

What are Wall Street’s present expectations?

According to Google Finance, four analyst ratings have been posted in the last three months. Three analysts rated the stock as a buy, while one rated it a hold. The mean price target is $11.75, covering a range between $8 and $18. On July 27, Goldman Sachs reaffirmed its Hold rating with an $8 price target. H.C. Wainwright set the highest target, $18, on July 20. The wide spread reflects uncertainty, and these targets represent opinions, not projections. Google

Jerzy Lewandowski is a senior markets editor at TS2.tech covering stocks, artificial intelligence, semiconductors and global financial markets. He studied economics at the University of Warsaw and previously worked in investment analysis before moving into financial journalism. His daily coverage focuses on the trends and events that matter most to investors worldwide. Follow Jerzy Lewandowski on Google News.

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