Archer Aviation Soars on Q2 Earnings Call Details and Boeing Deal
Archer Aviation stock rose 11% on Tuesday to $6.93 as investors continued to digest details from the company's Q2 2026 earnings call, following Monday's 12% deal-day pop after a tie-up with Boeing.
The fresh catalyst is the color provided by Archer Aviation management on the call about the deal, which disclosed that its Q2 revenue came in at $5 million, up 213% quarter over quarter and well above the $1.96 million consensus.
Archer's air-taxi peers, Joby Aviation and EHang Holdings, haven't participated in the ACHR stock rally, with shares down 2% to $8.59 and unchanged at $5.68, respectively, underscoring that this is a company-specific event.