NEW YORK, July 24, 2026, 18:19 (EDT) — The main U.S. session has ended.
Shares of Archer Aviation Inc. NYSE:ACHR finished Friday at $4.77, marking a 7.4% gain for the week. However, by the end of the week, 62% of Monday’s 87-cent jump had been erased.
The debut of the Thunder on Monday boosted Archer’s equity value by roughly $660 million, but as of Friday, just approximately $250 million of that increase persisted. These early estimates are calculated with Archer’s share count as of March 31, which stood at 757.9 million.
The importance lies in the fact that Wednesday’s Halo announcement did not reveal financial details, specify the number of aircraft, or provide a schedule for deliveries.
Investors appeared to price in a new market avenue, judging by the price action. However, the majority of Monday’s premium faded by the end of the week.
Halo represents Archer’s commercial platform with Anduril, while Thunder is the military version, featuring the identical airframe and powertrain.
Marubeni Aerospace has partnered with Halo as a strategic launch collaborator. “Halo’s unmanned, autonomous flight capabilities can address these challenges,” CEO Satoru Nakagawa said. The partnership includes market research, exploration of use cases, and consideration of a potential future rollout. Barchart.com
The announcement stated that the referenced agreements are still subject to conditions. Final documentation and additional requirements may be necessary.
Peers posted significant declines on Friday, with Archer heading the group’s weekly performance:
| Company | Friday close ($) | Friday move | Weekly move |
|---|---|---|---|
| Archer Aviation Inc. NYSE:ACHR | 4.77 | fell 6.7% | rose 7.4% |
| Joby Aviation Inc. NYSE:JOBY | 6.93 | dropped 8.1% | decreased 4.1% |
| Eve Holding Inc. (NYSE:EVEX) | 2.29 | slipped 5.4% | advanced 5.0% |
| Vertical Aerospace Ltd. NYSE:EVTL | 1.38 | lost 8.6% | fell 6.8% |
Markets at close of regular session. Weekly comparisons are July 24 versus July 17.
The Nasdaq Composite dropped 2.1% over the week. In contrast, Archer’s increase was notable amid the wider market slump.
Archer reported cash, equivalents, and short-term investments totaling $1.78 billion at the end of March. The company spent $149.1 million on operating activities in the first quarter.
Revenue for the first quarter reached $1.6 million. The company’s initial estimates for second-quarter adjusted EBITDA loss range between $170 million and $200 million.
Certification, capital requirements, and execution continue to carry key risks. Thunder’s inaugural flight is scheduled for 2027.
Archer’s schedule did not list an investor event between July 27 and 31. Investors are monitoring for any binding customer agreements, contract awards, or key flight achievements.
At present, the market reflects strategic potential, but an actual order has yet to be factored in.
Related articles: NYSE:ACHR
