Deutsche Bank Identifies Archer Aviation as a Buy for Investors

Influential financial heavyweight Deutsche Bank (NYSE; DB) says the eVTOL industry is ripe for disruption, singling out Archer Aviation (NYSE: ACHR) as a stock to buy.

Thom Patterson

Tuesday, April 12, 2022 at 05:14 PM ET

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Archer Aviation’s Maker eVTOL demonstrator performed its first hover test last December at its facility in California. [Courtesy: Archer Aviation]

Key Takeaways:

Deutsche Bank views the nascent eVTOL industry as a disruptor to the helicopter market, initiating a "buy" rating for Archer Aviation with a $10 price target.
Despite acknowledging Joby Aviation as the industry leader in aircraft performance and testing, Deutsche Bank's analyst recommends Archer due to its undervalued stock and efficient progress through regulatory hurdles.
The report highlights significant challenges for the eVTOL sector, including passenger adoption, the costly development of essential infrastructure like vertiports, and the expenses of a vertically integrated business model.

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Influential financial heavyweight Deutsche Bank (NYSE: DB) says the nascent electric vertical takeoff and landing (eVTOL) industry is ripe to disrupt the helicopter market, singling out Archer Aviation (NYSE: ACHR) as a stock to buy.

However, the new report, from Deutsche Bank Research, also acknowledges Archer’s eVTOL rival—California-based Joby Aviation (NYSE: JOBY)—is the unquestioned leader.