Barclays cut Joby Aviation's stock rating to Underweight, causing a 9% drop, citing concerns over cash burn and delayed aircraft certification. Conversely, Barclays upgraded Archer Aviation to Overweight, boosting its stock by 5%, due to optimism about its defense work and certification progress. EHang, a China-based air taxi maker, also rose 5%, unaffected by U.S. certification issues. Investors now face a clear split between Joby and Archer as they await certification milestones and financial updates that will determine which company leads the emerging air taxi market.
Archer Aviation trades at USD 4.88 on Pluang as of Oct 09, 2026 23:03 WIB, up 3.39% for the day, despite Barclays' overweight rating boosting its shares by 5% in the news. EHang also gained 3.06% on Pluang, priced at USD 4.21, aligning with the article's note of a 5% rise. Notably, Archer's Pluang order activity shows 100% sell orders, contrasting with EHang's 100% buy orders, highlighting differing investor sentiment amid the certification and financial update anticipation.
