SAN JOSE, California, August 10, 2026, 13:08 EDT — Trading was brisk on U.S. equity exchanges, as investors awaited the NYSE’s regular close at 16:00 EDT.
- Archer Aviation Inc. NYSE:ACHR shares climbed 11.18% to $6.22 by 12:28 EDT.
- Boeing will acquire a stake equal to 19.75% of Archer’s Class A shares before the transaction is finalized.
- Insitu records annual revenue exceeding $200 million and runs a profitable defense operation.
- Archer is set to announce its second-quarter results after markets close on Monday.
Archer Aviation Inc. NYSE:ACHR has entered into a deal to purchase three subsidiaries from Boeing Co. NYSE:BA. The transaction adds autonomous aircraft, defense drones, and airspace software to Archer’s lineup. Archer’s near-term revenue projections are also affected by this acquisition.
Shares were most recently at $6.22, up 11.18% as of 12:28 EDT. Trading volume reached 76.59 million shares, more than doubling the daily average of 32.90 million. The stock hit a session high of $6.87.
Investors primarily focus on scale. Insitu records annual revenue of more than $200 million. By contrast, Archer reported just $1.6 million in revenue for the first quarter.
| Acquired business | Primary capability | Near-term value to Archer |
|---|---|---|
| Wisk Aero | Autonomous electric passenger aircraft | Autonomy knowledge and background in flight trials |
| Insitu | Defense intelligence, surveillance and reconnaissance drones | Profitable operation with annual revenue above $200 million |
| SkyGrid | Airspace services and software | Traffic management systems supporting autonomous missions |
Boeing will secure a 19.75% stake in Archer’s outstanding Class A shares before the transaction closes. The agreement will also give Boeing a board seat at Archer. Both companies plan to work together on technology, with Boeing continuing to have access to Wisk’s autonomous technologies.
The deal transitions the company from a solely development-driven approach to a mixed model that includes active operations. Archer continues its air-taxi project, while Insitu contributes steady demand and revenue from the defense industry.
Adam Goldstein, Founder and Chief Executive, told Reuters the firm is able to “start generating significant revenue immediately in a major growth market.” Reuters interview
| Revenue measure | Amount | Comparison |
|---|---|---|
| Archer revenue for Q1 2026 | $1.6 million | Quarter disclosed |
| Insitu yearly revenue | More than $200 million | Reported run rate |
| Insitu estimated quarterly rate | More than $50 million | Annual revenue apportioned quarterly |
| Scale in relation to Archer Q1 | Over 31 times | Dividing $50 million by $1.6 million |
The comparison uses Archer’s first-quarter results and Reuters’ Insitu data. The quarterly figure and the 31-times multiplier are obtained via straightforward calculations and are not derived from formal company projections. Archer ended March holding $1.7759 billion in liquidity and posted a net loss amounting to $217.7 million.
The stock move also distinguished Archer from its closest publicly traded peers. This is notable, as Monday’s rise was linked to the agreement, not to a broader rally in air-taxi shares.
| Company | Ticker | Price | Monday move |
|---|---|---|---|
| Archer Aviation | NYSE:ACHR | $6.22 | gained 11.18% |
| Joby Aviation | NYSE:JOBY | $8.67 | added 0.35% |
| BETA Technologies | NYSE:BETA | $23.89 | up by 1.62% |
| Boeing | NYSE:BA | $235.21 | advanced 0.34% |
Joby Aviation Inc. NYSE:JOBY and BETA Technologies Inc. NYSE:BETA each rose less than 2%, with Boeing shares showing little change. The prices cover trading from 12:28 to 12:54 EDT.
Wall Street maintains a positive outlook, but views on valuation are mixed. Over the past three months, analysts tracked issued three Buy ratings and one Hold.
| Analyst | Firm | Recommendation | Price target | Date |
|---|---|---|---|---|
| Noah Poponak | Goldman Sachs | Hold | $8 | July 27, 2026 |
| Amit Dayal | H.C. Wainwright | Buy | $18 | July 20, 2026 |
| Austin Moeller | Canaccord Genuity | Buy | $12 | May 12, 2026 |
| Chris Pierce | Needham | Buy | $9 | May 12, 2026 |
Four analysts have a median price target of $11.75, with estimates ranging between $8 and $18. These targets were established before the announcement made on Monday regarding the transaction, so they do not account for possible dilution, integration costs, or profits linked to the acquisition.
Insitu acts as the connector. Revenue from defense contracts could reduce Archer’s dependence on the nascent air-taxi industry. Wisk and SkyGrid hold potential future value, tied to developments in certification and autonomous capabilities.
Risks: The transaction remains on track to complete by year-end. Regulatory challenges, integration costs, and the release of additional shares may offset revenue gains. The broader eVTOL industry has not reached commercial scale.
Archer’s expenses remained high, with operating cash outflows reaching $149.1 million in the first quarter, and $32.6 million spent on property and equipment. This highlights the importance of the cash flow boost provided by the acquisition.
The next verified catalyst will take place at 17:00 EDT. Archer plans to release its second-quarter financial results and provide an operating update after the close of trading.
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