Archer Aviation Inc. (ACHR)
| Market Cap | 1.11B |
| Revenue (ttm) | n/a |
| Net Income (ttm) | -384.10M |
| Shares Out | 355.56M |
| EPS (ttm) | -1.24 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 11,783,748 |
| Open | 3.290 |
| Previous Close | 3.310 |
| Day's Range | 3.080 - 3.310 |
| 52-Week Range | 3.000 - 7.020 |
| Beta | 2.33 |
| Analysts | Buy |
| Price Target | 8.58 (+175.88%) |
| Earnings Date | Nov 7, 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]
Financial Performance
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for ACHR stock is "Buy." The 12-month stock price forecast is $8.58, which is an increase of 175.88% from the latest price.
News
Analysts are upbeat about Archer Aviation stock: should you?
Archer Aviation (ACHR) stock price has imploded in the past few years, as concerns about dilution and the overall electric vertical take-off and landing (eVTOL) industry continued. It has crashed from...
Archer Surpasses 400 Test Flights This Year, Achieving Company Milestone Four Months Ahead Of Schedule
SANTA CLARA, Calif.--(BUSINESS WIRE)--Today Archer Aviation announced that it has completed 402 test flights so far this year, surpassing the 400 test flight goal it set for 2024 approximately four mo...
Undercovered Dozen: United Natural Foods, Procter & Gamble, Archer Aviation, Embraer +
The 'Undercovered' Dozen series highlights 12 lesser-known stocks, offering fresh investment ideas and encouraging community discussion on their potential. Kraken Robotics Inc. is seen as a Strong Buy...
Archer Aviation: Swelling Order Backlog In A Big Addressable Market
Archer Aviation stock is a "Strong Buy" at $3.8 due to its significant progress towards FAA certification and a $6 billion order book. The eVTOL industry is poised for multi-decade growth, with Archer...
Archer Aviation: risk/reward analysis for this flying car stock
Archer Aviation (NYSE: ACHR) stock price has remained under pressure this year as it continued to underperform the broader market. It has slipped by over 34% in 2024 while the Nasdaq 100 and S&P 500 i...
Archer Aviation Inc. (ACHR) Q2 2024 Earnings Call Transcript
Archer Aviation Inc. (NYSE:ACHR) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Eric Lentell - General Counsel Adam Goldstein - Founder and CEO Mark Mesler - CFO Tom ...
Archer Announces Key Terms Of Contract Manufacturing Relationship With Stellantis–Representing Up To ~$400M To Help Scale Midnight Production To 650 Aircraft Annually–Secures $230M In Additional Equity Capital From Strategic & Institutional Investors
SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR) today announced operating and financial results for the second quarter ended June 30, 2024. The Comp...
Air-taxi maker Archer plans to launch air mobility network in LA as early as 2026
Archer Aviation said on Thursday it plans to launch an air mobility network in Los Angeles, with operations beginning as early as 2026.
American Coastal Insurance Corporation (ACIC) Q2 2024 Earnings Call Transcript
American Coastal Insurance Corporation (NASDAQ:ACIC) Q2 2024 Earnings Call August 7, 2024 5:00 PM ET Company Participants Karin Daly - Investor Relations Bennett Bradford Martz - President Svetlana C...
Archer Aviation ($ACHR) Nears Completion of High-Volume eVTOL Manufacturing Facility In Georgia
Archer Aviation (NYSE: ACHR), a leader in eVTOL aircraft development, has announced progress on its high-volume manufacturing facility in Covington, GA, reaffirming an expected 2024 completion date. T...
Archer Aviation Showcases Midnight Aircraft In Atlanta As It Nears Completion Of Its High-Volume Manufacturing Facility In Covington, Georgia
COVINGTON, Ga.--(BUSINESS WIRE)--Today Archer Aviation Inc. (NYSE: ACHR) provided an update on the construction progress of its high-volume manufacturing facility in Covington, GA, reaffirming an expe...
Tvardi Therapeutics to Participate at the 2024 BTIG Virtual Biotechnology Conference
HOUSTON--(BUSINESS WIRE)-- #HCC--Tvardi Therapeutics, Inc. (“Tvardi”), a privately held, clinical-stage biopharmaceutical company focused on the development of STAT3 inhibitors, announced that Imran A...
American Coastal Insurance Corporation Schedules Second Quarter 2024 Financial Results and Conference Call
ST. PETERSBURG, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of Amer...
Archer to Report Second Quarter 2024 Operating Update and Financial Results on August 8, 2024
SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR) will report its second quarter 2024 operating update and financial results after market close on Thursday, August 8, 2024. The c...
American Coastal Insurance: A Remarkable Comeback
American Coastal Insurance has strong first quarter earnings with a combined ratio of 57.8% and core ROE of 69.7%, offering attractive earnings for investors. The company has a contrarian-like underwr...
Southwest Airlines is teaming up with Archer to give passengers electric flying taxis
Southwest Airlines and Archer Aviation are developing electric air taxi operations in California. Southwest plans to use Archer Midnight eVTOL aircraft to cut customer travel time to the airport.
ACHR, LUV: How Soon Will We See an Air Taxi Network?
Archer Aviation (ACHR) and Southwest Airlines (LUV) sign a memorandum for air taxi network plans. In a statement, ACHR says the deal is a “key step toward potentially offering Southwest customers an a...
Southwest Airlines, Archer Aviation to develop operational plans for flying air taxis in California
Southwest Airlines and Archer Aviation said Friday they have agreed to develop operational plans for electric air taxi networks at California airports where the Texas-based airline operates.
Southwest Airlines Signs Memorandum of Understanding With Archer Aviation to Develop Operational Concepts for Air Taxi Network
DALLAS & SANTA CLARA, Calif.--(BUSINESS WIRE)--Southwest Airlines Co. (NYSE: LUV) and Archer Aviation Inc. (NYSE: ACHR) have signed a memorandum of understanding (MOU) to develop operational plans for...
Archer Aviation: Flying Towards 2025 Launch
Archer Aviation is nearing eVTOL aircraft certification and preparing to launch an air taxi service right around the corner in 2025. Stellantis continues to invest aggressively in the company, whether...
Why Did Archer Aviation Stock Soar?
Archer Aviation achieved Part 135 Air Carrier & Operator Certificate milestone in June, setting up business infrastructure. Signed agreement with Signature Aviation for air taxi services, including in...
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.
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...
Archer Aviation: Promising Vision Although Commercialization Remains In Early Stages
Archer Aviation is a strong competitor in the urban air mobility sector, with a 50% market growth potential each year. Intense competition in the industry from companies like Joby Aviation, Vertical A...
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...