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 believes the nascent eVTOL industry is poised to disrupt the traditional helicopter market and has begun issuing stock ratings.
The bank rates Archer Aviation (ACHR) as a "buy" with a $10 target, citing its undervaluation and efficient navigation of regulatory hurdles, despite acknowledging Joby Aviation (JOBY) as the current performance leader (rated "hold").
Significant challenges remain for the eVTOL sector, including securing passenger adoption for new air taxis and developing the extensive infrastructure of vertiports.

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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.