Flying car stock gets bold Wall Street call, rewrites urban mobility | Official Website of Louis Velazquez, entrepreneur, finance guy and tech innovator

Flying car stocks aren’t just sci-fi movie magic anymore.

These stocks have suddenly turned into Wall Street’s new obsession.

Recent trading activity has shown that investors can’t get enough of electric vertical takeoff-and-landing (EVTOL) startups pitching city-sky shortcuts and massive billion-dollar markets.

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As you’d imagine, multiple players are fighting for the top spot, but fresh chatter suggests that one might’ve cracked a key performance boost that potentially flips the script.

A scorching desert test run just turned heads and ignited fresh buzz in the hotly competitive flying car space.

Flying car stocks stay in focus as a big call rolls in.

Image source&colon; Bloomberg/Getty Images

Flying car stocks set to soar as urban air mobility takes off

Flying car stocks have caught fire over the past year, and for good reason.

Reports suggest that the flying-car market is set to explode, surging from just $243 million in 2025 to over $4.2 billion by 2035 (an eye-popping 34% annual growth).

Urban air mobility alone could soar from $1.9 billion in 2024 to $12 billion in 2035, powered by friendlier regulations and rapid tech advances.

Joby Aviation (JOBY) arguably remains the sector’s poster child.

In the first quarter, it reported a narrower loss of around $82 million, down from $95 million a year ago. Additionally, Joby has locked in exclusive UAE launch rights and is looking to finalize Dubai vertiport sites with local transit authorities.

China’s EHang (EH) is another promising contender. Its Urban Air Mobility Exhibition Center in Shenzhen is live, targeting RMB 900 million in revenue this year, a massive 100% jump year-over-year.

Archer Aviation (ACHR) is another big name that’s turning heads in the crowded flying car race. What makes it an anomaly isn’t just the sleek, 12-prop Midnight eVTOL or its swappable battery packs; it’s the entire game plan.

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Moreover, it’s already lined up heavyweight partners, including United Airlines and Stellantis, backing production with up to $370 million.

It’s also looking to build a massive $400 million Georgia plant and train pilots at its FAA-certified academy.

Additionally, with a nifty $850 million fresh in the bank, Archer’s ready to crank up capacity and take things up a notch or two.

Archer’s UAE desert test gives flying car stock fresh lift

Wall Street research firm H.C. Wainwright slapped an $18 price tag on Archer Aviation, a staggering 80% upside after its Midnight eVTOL breezed through a testing desert trial in Abu Dhabi.

Against scorching heat, fierce humidity, and swirling dust at Al Bateen Executive Airport, Archer’s team proved its aircraft is more than just a lab demo.

The flight was tracked closely by UAE aviation regulators, Abu Dhabi Investment Office officials, investors, and regional partners, signaling confidence in Archer’s design and operational readiness.

This test also provides crucial data needed for certification under harsh conditions, putting Archer on the fast track for regulatory approval.

On top of that, the demo feeds into Archer’s Launch Edition program, potentially introducing a fleet of air taxis in Abu Dhabi later this year.

Expanded regional trials will collect key performance data ahead of broader deployments.

Wainwright isn’t just cheering one flight. The firm estimates roughly $1 billion in sales for Archer by 2028, led by both aircraft sales and direct air-taxi services.

Additionally, it expects the flying car upstart to churn out more than 400 Midnights annually by 2031. Archer’s recent $350 million share offering also padded its cash till, leaving it debt-free and primed to take things to the next level.

With the UAE’s urban air mobility market pegged at $23.8 billion and over 20% growth expected over the next decade, Archer is looking to cash in big time.

Archer Aviation stock is up 212% over the past nine months and skyrocketed 168% last year.

A fresh 38% pop in just three months shows buyers still invest in this multi-billion-dollar growth story.