Archer Aviation's stock surged 20% after it announced an agreement to acquire Boeing's Wisk Aero, SkyGrid, and Insitu subsidiaries. Boeing will take a 20% stake in Archer and retain access to Wisk's autonomous flight technology. This deal diversifies Archer's business into defense, autonomy, and air traffic management, adding profitable units with significant flight hours and revenue. The transaction is expected to close by year-end pending regulatory approval, and Archer will report Q2 2026 results soon, which could influence investor sentiment further.
Joby Aviation's stock fell 20% over the past month, extending a 54% decline year to date, without any company-specific news to explain the drop. Similar declines in peers Archer Aviation and EHang suggest the sell-off is driven by a broader electric ...
Joby Aviation's stock has dropped over 50% in the past year but is currently valued at $6.26, with a price target of $11.37 suggesting an 87% upside. The company is preparing for commercial electric air taxi flights, with FAA certification progressin...
