• In January 2026, Archer Aviation announced a partnership with the Government of the Republic of Serbia, which selected Archer as its preferred eVTOL partner with an option to purchase up to 25 Midnight aircraft and named the company the official air taxi partner for EXPO 2027 Belgrade.

  • Beyond potential aircraft sales, the agreement opens a pathway for Archer to participate in Serbia’s industrial development around rare earth magnets and battery-related critical minerals, giving the company a broader foothold in the European advanced air mobility ecosystem.

  • Against this backdrop, we’ll examine how becoming Serbia’s preferred eVTOL partner and EXPO 2027 air taxi provider could reshape Archer’s investment narrative.

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To own Archer Aviation, you have to buy into a story where eVTOL moves from prototype to everyday infrastructure, and where Archer turns partnerships into real aircraft deliveries and operating revenue. The Serbia deal fits that thesis symbolically more than financially in the near term: a potential 25-aircraft option and EXPO 2027 showcase reinforce Archer’s global brand and political connectivity, but do not change that the key short term catalysts still sit with certification progress, execution of the Launch Edition programs, and access to fresh capital after recent heavy losses and equity raises. The Serbia industrial dialogue around rare earth magnets and batteries could incrementally widen Archer’s optionality, yet it also adds another complex initiative to an already ambitious agenda for an unprofitable, equity-funded business.

However, there is a funding risk here that shareholders should not ignore. Archer Aviation’s shares have been on the rise but are still potentially undervalued. Find out how large the opportunity might be.

ACHR 1-Year Stock Price Chart

ACHR 1-Year Stock Price Chart

Fifty three Simply Wall St Community members see Archer’s fair value stretching from about US$8.32 to a very large US$83.24. Set that against an early stage company still loss making, reliant on capital markets, and only now layering in Serbia’s partnership as another proof point rather than a near term financial driver.

Explore 53 other fair value estimates on Archer Aviation – why the stock might be worth 8% less than the current price!

Disagree with this assessment? Create your own narrative in under 3 minutes – extraordinary investment returns rarely come from following the herd.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ACHR.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

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