Archer Aviation: Phase 4 Certification Promises A Near Takeoff

Archer Aviation is executing Phase 4 FAA certification, with commercialization likely by 2028 and strong upside potential. ACHR’s order book and selection as LA28 Olympics air taxi provider signal robust demand post-certification, supporting a bullish long-term view. Financials show improving EPS, with a projected swing from -$0.63 in FY2025 to $0.20 in 2028 as commercialization begins. I estimate a 50.6% stock price upside to $7.50 by 2029, driven by sector growth and Archer’s execution. Archer Aviation Inc. (ACHR) is in deep execution of phase 4. For those who may not be aware, phase 4 is the final stage to commercialization under type inspection authorization. Here, FAA authority is conducting rigorous conformity inspections to