Overview
eVTOL developer's Q4 adjusted EBITDA widened YoY
Company achieved 100% FAA acceptance of eVTOL aircraft's Means of Compliance
Company ended FY 2025 with record liquidity of ~$2 bln
Outlook
Archer targets first passenger flights in 2026
Archer expects Q1 2026 adjusted EBITDA loss of $160 mln to $180 mln
Company on track for piloted VTOL operations in US and UAE
Result Drivers
FAA ACCEPTANCE - Archer achieved 100% FAA acceptance of its eVTOL aircraft's Means of Compliance, a first in the industry
FLEET EXPANSION - Archer is expanding its Midnight fleet and on track for piloted VTOL operations in the US and UAE
DEFENSE OPPORTUNITIES - Archer is expanding defense opportunities with partnerships and powertrain sales
Company press release: ID:nBw6Th3PRa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Net Income | -$188.90 mln | ||
Q4 Adjusted EBITDA | Miss | -$137.90 mln | -$121.76 mln (7 Analysts) |
Q4 Adjusted Operating Expenses | $144.20 mln | ||
Q4 Operating Expenses | $234.70 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the aerospace & defense peer group is "buy"
Wall Street's median 12-month price target for Archer Aviation Inc is $13.00, about 82.6% above its February 27 closing price of $7.12
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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