Archer Aviation targets $12.11 by 2027 amid FAA progress and LA Olympics plans.

Archer Aviation's stock trades at $5.58, down from highs but with a 2027 price target of $12.11, implying a 117% upside. The company is advancing FAA certification and aims to deploy its eVTOL aircraft commercially by the 2028 LA Olympics, supported by partnerships with Korean Air and Japan Airlines. Despite losses and volatility, Archer's $2 billion liquidity and regulatory milestones, including FAA acceptance of compliance measures, provide a strong foundation. Risks include certification delays and capital needs, but analyst sentiment remains mostly bullish with significant upside if milestones are met on time.