Archer Aviation Inc. (ACHR)

NYSE: ACHR · IEX Real-Time Price · USD
3.720
+0.300 (8.77%)
At close: Jul 2, 2024, 4:00 PM
3.740
+0.020 (0.54%)
After-hours: Jul 2, 2024, 7:59 PM EDT
8.77%
Market Cap 1.20B
Revenue (ttm) n/a
Net Income (ttm) -461.30M
Shares Out 323.56M
EPS (ttm) -1.62
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 9,996,738
Open 3.490
Previous Close 3.420
Day's Range 3.470 - 3.790
52-Week Range 3.000 - 7.490
Beta 2.35
Analysts Buy
Price Target 8.00 (+115.05%)
Earnings Date Aug 8, 2024

About ACHR

Archer Aviation Inc., together with its subsidiaries, engages in designs, develops, and operates electric vertical takeoff and landing aircraft for use in urban air mobility. The company was formerly known as Atlas Crest Investment Corp. and changed its name to Archer Aviation Inc. The company is headquartered in San Jose, California. [Read more]

Sector Industrials
Founded 2018
Employees 578
Stock Exchange NYSE
Ticker Symbol ACHR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for ACHR stock is "Buy." The 12-month stock price forecast is $8.0, which is an increase of 115.05% from the latest price.

Price Target
$8.0
(115.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Stellantis invests additional $55 mln in air taxi maker Archer

Stellantis will invest an additional $55 million in Archer Aviation after the air taxi maker's flagship aircraft completed a transition flight last month, the companies said on Tuesday.

Other symbols: STLA
13 hours ago - Reuters

Stellantis Invests Additional $55 Million In Archer Following Recent Flight Test Milestone

AMSTERDAM & SANTA CLARA, Calif.--(BUSINESS WIRE)--Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) and Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeo...

Other symbols: STLA
13 hours ago - Business Wire

American Coastal Insurance Corporation Announces a Five-Year Extension of Its Exclusive MGA Agreement With AmRisc and the Election of Two New Directors to Its Insurance Subsidiary

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insu...

Other symbols: ACIC
7 days ago - Business Wire

Archer Announces Planned San Francisco Air Mobility Network Connecting Five Locations Across the Bay Area

SANTA CLARA, Calif.--(BUSINESS WIRE)--(NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced plans for an air mobility network that will connect five strateg...

12 days ago - Business Wire

Archer Announces Landmark Infrastructure Deal With Signature Aviation; Gains Access to Largest Network of Private Aviation Terminals in the World

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, and Signature Aviation, the world's largest network of priva...

15 days ago - Business Wire

Archer Aviation ($ACHR) Completes Transition Flight and Continues FAA Certification Progress

Archer Aviation (NYSE: ACHR), a leader in eVTOL aircraft development, has announced that its Midnight aircraft successfully completed transition flying at over 100 mph. Transition flying involves vert...

20 days ago - Green Stock News

Archer Completes Midnight's Transition Flight

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced that on June 8th its Midnight aircraft succe...

20 days ago - Business Wire

Archer Aviation's Adam Goldstein and United Airlines Venture's Andrew Chang talk air taxi progress

Adam Goldstein, Archer Aviation co-CEO & co-founder and Andrew Chang, United Airlines Ventures managing director, join CNBC's Phil LeBeau and 'Closing Bell Overtime' to talk getting another step close...

Other symbols: UAL
27 days ago - CNBC Television

Air taxi maker Archer Aviation receives FAA nod to start commercial services

Archer Aviation said on Wednesday the U.S. Federal Aviation Administration (FAA) has granted the company a certificate to begin commercial operations, making it the second electric air taxi maker to a...

27 days ago - Reuters

Archer Aviation secures a key FAA certification

Archer Aviation Inc (NYSE: ACHR) is in the green at writing after announcing to have received a key certification from the Federal Aviation Administration.  What is it a positive for Archer Aviation s...

27 days ago - Invezz

Electric air taxi maker Archer Aviation gets key FAA sign-off

Archer Aviation said it received a key FAA certification that gets it closer to flying passengers. United Airlines agreed to buy dozens of Archer's eVTOL aircraft.

27 days ago - CNBC

Archer Receives FAA Certification to Begin Operating Commercial Airline

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced its subsidiary, Archer Air, has received its...

27 days ago - Business Wire

Straightaway Tire & Auto Announces Appointment of John Teddy as CEO

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- #O2Investment--O2 Investment Partners is pleased to announce that Straightaway Tire & Auto has appointed John Teddy as its Chief Executive Officer.

4 weeks ago - Business Wire

KakaoMobility Selects Archer Aviation As Its eVTOL Partner And Will Fund Archer's Korean Commercialization Efforts; Together They Will Conduct Public Flight Demonstrations As Part Of Korea's Grand Challenge As Soon As Q4'2024

SEOUL, South Korea--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR), a leader in eVTOL aircraft, and KakaoMobility, Korea's leading mobility as a service (MaaS) platform service company, signed an ...

4 weeks ago - Business Wire

Archer Achieves Significant Regulatory Milestone; FAA Issues Final Airworthiness Criteria For Its Midnight Aircraft

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR) a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced the FAA issued for public inspection the fin...

5 weeks ago - Business Wire

Are Joby, Archer Aviation, and Lilium good eVTOL stocks to buy?

Lilium (LILM) and Archer Aviation (ACHR) stock prices have crashed hard in the past few years, costing investors billions of dollars. Archer's shares have plunged by over 81% from the highest point in...

Other symbols: JOBYLILM
5 weeks ago - Invezz

Archer Aviation Partners With Etihad Aviation Training For eVTOL Pilot Training Operations Based In Abu Dhabi

RIYADH, Saudi Arabia--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced it has signed a memorandum of understanding...

6 weeks ago - Business Wire

American Coastal Insurance Corporation Announces the Sale of Interboro Insurance Company to Forza Insurance Holdings, LLC

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of Interboro Insurance ...

Other symbols: ACIC
7 weeks ago - Business Wire

Archer Announces First Quarter 2024 Results; Flight Testing Accelerates As Midnight Closes In On Transition Milestone & Midnight's Key Systems Pass Rigorous Testing

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR) today announced operating and financial results for the first quarter ended March 31, 2024. The Comp...

7 weeks ago - Business Wire

American Coastal Insurance Corporation Reports Financial Results for Its First Quarter Ended March 31, 2024

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq: ACIC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial ...

Other symbols: ACIC
7 weeks ago - Business Wire

Archer Completes Installation Of High-Volume Battery Pack Manufacturing Line

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced it has completed the build out of its high-v...

7 weeks ago - Business Wire

Archer Aviation Inc. to Present at Upcoming Investor Conferences

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR) today announced that members of its management team are scheduled to participate in upcoming investor conferences. BofA Securiti...

2 months ago - Business Wire

Archer Aviation ($ACHR) Signs Deal in Abu Dhabi to Advance Air Taxi Operations Across UAE

Archer Aviation (NYSE: ACHR), a leader in eVTOL aircraft development, announced the framework of a significant agreement in Abu Dhabi. This multi-hundred-million dollar deal accelerates Archer's air t...

2 months ago - Green Stock News

American Coastal Insurance Corporation Schedules First Quarter 2024 Financial Results and Conference Call

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insu...

Other symbols: ACIC
2 months ago - Business Wire

Archer Signs Framework Agreement For Multi-Hundred-Million Dollars To Accelerate Commercial Air Taxi Operations Across UAE

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Archer Aviation Inc., a leader in the development of electric vertical takeoff and landing (eVTOL) aircraft, announced the signing of a framework agre...

2 months ago - Business Wire