Archer Aviation ( ACHR ) Inc. announced on Friday that it has partnered with Elon Musk’s Starlink to deliver high-speed satellite connectivity to its Midnight electric air taxi, marking Starlink’s first move into urban air mobility.

Starlink Onboard Midnight Air Taxis

Under the deal, Archer will install Starlink’s low-Earth-orbit (LEO) satellite system into Midnight — engineered to deliver consistent, high-speed coverage at low altitudes and in dense urban environments where traditional connectivity solutions fall short.

Beyond passenger internet access, the integration will strengthen pilot-to-ground communications and lay the groundwork for Archer’s future autonomous aircraft development — a move that could reshape the urban air mobility sector entirely.

Midnight is Archer’s electric air taxi, seating four passengers, featuring 12 redundant engines for airliner-level safety, with city crossings targeted in just 5-15 minutes.

Adam Goldstein, founder and CEO of Archer, commented, “Connectivity is a must have feature for Midnight. Starlink is uniquely built to deliver it. This industry-first collaboration will enable seamless, high-speed connectivity and essential amenities for our passengers and pilots.”

Stock Performance

Over the past year, Archer Aviation ( ACHR ) has seen its stock price decline by 6.82%. Currently, the stock is trading at $7.17, which is 1.4% above its 20-day SMA but significantly below its longer-term averages: 8.2% below the 50-day SMA and 24.4% below the 200-day SMA. This positioning suggests a bearish trend over the medium to long term, despite recent gains above the shortest of these averages.

The technical indicators present a mixed outlook. The RSI stands at 49.85, indicating a neutral market momentum, neither overbought nor oversold. However, the MACD presents a more optimistic view, signaling bullish momentum as it is currently above the signal line, suggesting near-term upward price momentum.

Upcoming Earnings

Archer Aviation ( ACHR ) is set to report earnings on March 2, 2026. With the earnings date rapidly approaching, here is what investors and analysts are anticipating:

EPS Estimate: Loss of 20 cents (Up from a loss of 45 cents YoY)

Revenue Estimate: 67 cents million (Up from 0 cents million YoY)

Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $11.09. Recent analyst moves include:

Needham: Buy (Maintains Target to $10.00) (Jan. 14)

Goldman Sachs: Initiated with Neutral (Target $11.00) (Dec. 1, 2025)

Canaccord Genuity: Buy (Raises Target to $13.00) (Nov. 21, 2025)

Benzinga Edge Scorecard

Below is the Benzinga Edge scorecard for Archer Aviation ( ACHR ), highlighting its strengths and weaknesses compared to the broader market:

Momentum Rank: 14.32 — This score indicates weak performance, suggesting that the stock is underperforming the broader market significantly.

The Verdict: Archer Aviation’s Benzinga Edge signals a challenging market position, with a low Momentum score of 14.32 — making strategic moves like the Starlink partnership critical to reinvigorating investor interest.

ACHR’s Impact on Key ETFs

SPDR S&P Aerospace & Defense ETF : 3.81% Weight

ARK Autonomous Technology & Robotics ETF ( ARKQ ) : 3.59% Weight

ARK Space & Defense Innovation ETF ( ARKX ) : 4.52% Weight

Significance: Because ACHR carries significant weight in these funds, any significant inflows or outflows will likely trigger automatic buying or selling of the stock.

ACHR Price Action: Archer Aviation ( ACHR ) shares were down 4.52% at $7.04 at the time of publication on Friday, according to Benzinga Pro data.