Flying High: Archer Aviation Stock Soars on Korean Air Deal as eVTOL Race Heats Up
Archer Aviation shares surged to $13.50 in October before settling near $11, lifted by a Korean Air partnership for up to 100 eVTOL aircraft and new patent wins. The stock is up about 20% in 2025 and 270% year-over-year, despite volatility and no current revenue. Archer’s market cap stands near $7 billion. Analysts mostly rate the stock a “Buy,” citing global deals and FAA approvals.