
Shares of eVTOL companies Joby, Archer, and EHang have dropped significantly this year, with Joby down 53%, Archer 28%, and EHang 66%. The declines reflect ongoing investor caution as these pre-revenue or early-revenue firms await critical certification milestones that will determine their commercial viability. Recent setbacks include EHang withdrawing its 2026 revenue guidance following regulatory slowdowns in China. Joby and Archer are pursuing different strategies to sustain investor confidence, including defense contracts and certification progress. The sector's future hinges on certification outcomes and the ability to begin commercial service, with Joby targeting first paid flights this year. Investors should monitor certification progress closely, as delays could increase capital costs and pressure stock prices.
As of Sep 15, 2026 23:51 WIB, Archer Aviation (ACHR) trades at USD 5.49, closer to its 52-week low of USD 4.44 than its high of USD 13.64, showing continued pressure despite a slight 1-day drop of 0.45%. Meanwhile, EHang (EH) is priced at USD 4.52, just above its 52-week low of USD 4.43 and far from its high of USD 19.44, with a modest 1-day gain of 0.22%. These figures highlight the ongoing challenges eVTOL companies face in regaining investor confidence amid regulatory and certification hurdles.