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 set to disrupt the helicopter market, initiating coverage on key players.
The bank rates Archer Aviation (ACHR) a "buy" with a $10 target, citing an undervalued stock and efficient regulatory progress, while acknowledging Joby Aviation (JOBY) as the performance leader but rating it a "hold" with an $8 target.
Analyst Edison Yu highlights significant challenges for the eVTOL sector, including gaining passenger trust, developing extensive infrastructure (vertiports), and obtaining crucial FAA certification.

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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.