"The electric vertical takeoff and landing (eVTOL) industry is set to transform short-haul travel and urban aviation. It promises commuters can ditch gridlocked highways for quick hops between city centers, airports, or even hospitals, and do so faster, quieter, and greener than helicopters. These air taxis could slash commute times and open new markets in cargo and defense. But the path to takeoff has been bumpy for investors."
"Goldman price targets are all over the place, but reflect hefty skepticism about bloated valuations. For Archer and ( Eve HoldingNYSE:EVEX), Goldman handed out Neutral ratings. Despite Archer getting credit for aggressive launch timelines - it's eyeing Middle East deployment in 2026 - its U.S.-focused certification push is lagging, and flight hours are behind rivals. Eve, which was spun off from Brazil's Embraer (NYSE:EMBJ), relies on that heritage for supply chain expertise and a large home market that is ripe for disruption."
The eVTOL sector offers fast, quiet, low-emission short-haul transport with potential markets in passenger commutes, cargo, and defense. Early leaders experienced volatile stock swings as investors reacted to hype, regulatory uncertainty, and cash burn; Archer's stock fell 14% year-to-date and 42% from recent highs, while Joby rose 80% in 2025 but remains 30% below its peak. Goldman Sachs assigned Neutral ratings to Archer and Eve, citing fair valuations without certification advantages, and highlighted Archer's lagging U.S. certification progress despite aggressive Middle East launch plans. Eve benefits from Embraer's supply-chain expertise and a large domestic market, yet development delays and fewer test flights have slowed momentum.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]