---
title: "Joby extends FAA lead as Archer faces valuation pressure"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286567310.md"
description: "Joby is advancing in FAA certification, now in Stage 4, while Archer has just completed Stage 3. Archer's stock has dropped over 40% in a year due to significant losses and cash burn, despite having a strong cash position. Both companies aim for U.S. launches in 2026, with early certification potentially providing a competitive edge."
datetime: "2026-05-15T12:41:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286567310.md)
  - [en](https://longbridge.com/en/news/286567310.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286567310.md)
---

# Joby extends FAA lead as Archer faces valuation pressure

Joby pulls ahead: Joby is deep into Stage 4 of FAA certification, while Archer has just completed Stage 3, despite being first in the U.S. to reach that milestone. Investor caution grows: Archer's shares have fallen over 40% in a year, with high quarterly losses and cash burn weighing on sentiment despite a strong cash position. 2026 launch race: Both firms plan U.S. launches in 2026 under a White House program, with early certification potentially offering a decisive market advantage.

### Related Stocks

- [JOBY.US](https://longbridge.com/en/quote/JOBY.US.md)
- [JOBX.US](https://longbridge.com/en/quote/JOBX.US.md)
- [ACHR.US](https://longbridge.com/en/quote/ACHR.US.md)
- [JOBY+.US](https://longbridge.com/en/quote/JOBY+.US.md)
- [ACHR+.US](https://longbridge.com/en/quote/ACHR+.US.md)

## Related News & Research

- [Archer Aviation vs. Joby Aviation: Comparing Early Revenue Generation Trends](https://longbridge.com/en/news/286963091.md)
- [ACHR, JOBY: Cathie Wood Invests Nearly $3M in Air Taxi Stocks — Here's What Analysts Think](https://longbridge.com/en/news/286891045.md)
- [ACHR vs. JOBY: Wall Street Sees Over 90% Upside in One eVTOL Stock, but Just 10% in the Other, after Q1 Earnings](https://longbridge.com/en/news/286538683.md)
- [ACHR vs. JOBY: One eVTOL Stock Is a Hold, One Is a Sell, Says Goldman Sachs](https://longbridge.com/en/news/286628629.md)
- [Joby Aviation Shares Fly Higher Wednesday: What's Driving The Action?](https://longbridge.com/en/news/286289464.md)