This optimism stems from Archer’s strong progress toward commercialization. While Joby still holds a larger market valuation and key certification milestones, Archer’s “Strong Buy” rating and huge price targets give it an edge heading into earnings.
Using TipRanks’ Stock Comparison tool, we stacked ACHR against JOBY across analyst sentiment, Smart Scores, and performance to see which air taxi stock looks better positioned ahead of August results.
What Analysts Expect from Archer’s Q2 Earnings
Archer shares are down 38% year-to-date. The company will report second-quarter results after the market closes on August 10. Wall Street expects the company to report a loss of $0.34 per share, improving from a loss of $0.36 a year ago. With Archer still in the early stages of commercial revenue generation, investors will keep their focus on updates regarding certification testing and launch timelines.
Archer recently became the first eVTOL company to complete Phase 3 of the FAA’s four-phase type certification process for its Midnight aircraft. Investors will watch for updates on Phase 4 testing and piloted flight tests, the final steps before certification.
