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Archer Aviation Cuts Revenue Forecast Amid Air Taxi Launch Risks

11/7/2025

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Story summary
  • Archer Aviation projects $1.4 million in revenue this year, down from an initial $50 million.
  • For 2026, sales expectations have fallen to $80.6 million from $200 million.
  • The company plans to launch an air taxi service in New York City and faces execution risks as production scales.
  • Although the eVTOL market could exceed $28 billion by 2030, Archer's $7 billion market cap raises valuation concerns, and investors should be cautious.