Cantor Fitzgerald Maintains Overweight Ratings on Archer, Eve, VinFast With Bullish Growth Outlook

Cantor Fitzgerald has reaffirmed an Overweight rating and a $13.00 price target on Archer Aviation, citing the company's strategic partnerships with Anduril, the U.S. Department of Defense, Stellantis, and United Airlines as key drivers of growth and market expansion. These collaborations enhance Archer's total addressable market, streamline manufacturing, and support commercialization efforts, particularly in the eVTOL sector. Archer has secured significant funding, raising $850 million in June 2025, bringing its pro forma liquidity to approximately $2 billion, which will aid in accelerating manufacturing and certification. The company’s defense division, bolstered by a $142 million contract with the U.S. Air Force, and Stellantis' role as exclusive manufacturer contribute to its competitive positioning. Additionally, Cantor Fitzgerald maintains positive outlooks on other mobility and electric vehicle companies like Eve Holding and VinFast, highlighting their strategic partnerships, financial health, and expansion plans as growth catalysts. Overall, Archer's combination of strong liquidity, strategic alliances across aviation, defense, and automotive sectors, and participation in government programs position it favorably within the emerging urban air mobility market.