Archer Aviation Inc. (NYSE: ACHR ) was stuck trading around $3 for months, but recently, it’s been gaining steam—up 60% in the past month—and now it’s trying to hit its July peak of around $5.50. I’m takingThe mission of Grassroots Trading rests on the following principles: providing objective, unbiased, and balanced research, backed by solid data and completely void of emotional influences or preference for companies; focusing on small- to mid-cap companies, offering the Seeking Alpha investor compelling p ...

Electric-powered aircraft maker Archer Aviation (ACHR -3.25%) has captivated investors with the potential to bring air taxis to everyday life and potentially ease traffic congestion that plagues many cities. The company's stock has captivated Wall Street, garnering many favorable ratings and price targets.One Wall Street analyst just initiated coverage and sees the potential for Archer Aviation's stock price to more than double, despite trading down nearly 19% so far this year. Let's take a look.A long-term ...

Electric aircraft maker Archer Aviation (ACHR -4.20%) has seen some big ups and downs. Similar to Tesla (NASDAQ: TSLA), investors are fascinated by its innovation with electric vehicles and think its future air taxis have the potential to be a leader in the sky.In September 2021, Archer Aviation went public through a special purpose acquisition company (SPAC), otherwise known as a blank check company.If you'd invested $1,000 when Archer Aviation began trading, you'd have just $425 today. Here's why.SPAC-Lan ...

Archer Aviation has achieved key milestones, and regulators have finalized rules to pave the way for flying taxis.For decades, humans have imagined zooming through the sky in flying vehicles to whisk you away to wherever you need to go. That idea has yet to take off, but with modern technology, flying taxis are going from an idea of science fiction to a reality -- and it could be coming to a city near you soon.Archer Aviation (ACHR 0.23%) is one of the pioneers of flying vehicles, and is one of the best-pos ...

Archer Aviation Inc. (ACHR) recently announced its third-quarter 2024 results, highlighting some noteworthy progress in introducing its Midnight electric vertical take-off and landing (eVTOL) aircraft in the commercial market. Impressively, the company established a consortium in the United Arab Emirates (UAE) during the third quarter, which paved its way toward launching its commercial air taxi services in the nation during the fourth quarter of 2025. Moreover, in September, ACHR revealed that it has signe ...

After a recent rally, Archer Aviation stock is heading lower today. Is this a good opportunity to buy shares?Archer Aviation (ACHR -10.94%) stock is losing ground in Wednesday's trading after the company revealed that it plans to sell more stock. The flying taxi specialist's share price was down 9.1% at 3 p.m. ET.Archer Aviation published a filing with the Securities and Exchange Commission (SEC) today detailing plans to sell up to $70 million in new stock. The creation and sale of new stock will mean that ...

Archer is selling more stock in order to raise funds, and some investors aren't happy about it.Archer Aviation (ACHR -9.49%) stock is seeing big sell-offs in Wednesday's trading. The flying electric vehicle company's share price was down 8.6% as of 11:15 a.m. ET.Before the market opened this morning, Archer Aviation submitted a filing to the Securities and Exchange Commission (SEC) indicating that it plans to create and sell new stock. The company has entered into an agreement to sell up to $70 million wort ...

These three emerging technology leaders are pioneering quantum computing, gene editing, and electric aviation.The stock market's history is filled with both tremendous successes and sobering failures when it comes to growth stocks. While many innovative companies have disappeared into obscurity since the 1920s, transformative businesses like Nvidia have turned early investors into millionaires by pioneering new technological frontiers. Today's emerging technology leaders could offer similar opportunities fo ...

The aviation upstart is trying to disrupt the transportation industry.Archer Aviation (ACHR 2.44%) has soared 22% in the last month. Investors are getting increasingly excited about high-growth companies with the Federal Reserve lowering interest rates and the S&P 500 taking off to new all-time highs seemingly every day. The stock went public through a special purpose acquisition company (SPAC) in 2021 and has since floundered.Now, it is starting to mount a comeback. At a measly share price of $3.92, is Arc ...

Core Viewpoint - Archer Aviation is positioned as a leader in the emerging electric vertical takeoff and landing (eVTOL) aircraft sector, with recent developments indicating a potential turning point for the company and its stock price [1][13]. Group 1: Strategic Partnerships and Market Position - Archer Aviation has formed a strategic alliance with Soracle, a joint venture between Japan Airlines and Sumitomo Corporation, allowing Soracle to purchase up to 100 Midnight aircraft, valued at approximately $500 million [2][5]. - The partnership aligns with Japan's push for sustainable transportation and offers Archer a significant entry point into the Japanese eVTOL market, which is characterized by technological innovation and dense urban landscapes [3][5]. - Sumitomo Corporation's extensive network in Japan will aid in establishing necessary infrastructure and navigating regulatory complexities, enhancing the deal's value [4]. Group 2: Financial Performance and Projections - Archer's Q3 earnings report for fiscal year 2024 showed non-GAAP operating expenses of $96.8 million and a net loss of $115.3 million, which aligns with expectations, while cash and cash equivalents stand at $501.7 million [6][10]. - Analysts project a 12-month stock price forecast of $9.00, indicating a potential upside of 131.36%, with a high forecast of $12.50 [6]. Group 3: Operational Developments - Archer has completed a high-volume manufacturing facility in Covington, Georgia, with a capacity of 650 aircraft per year, set to begin production in early 2025 [7]. - The recent FAA Special Federal Aviation Regulation (SFAR) provides clarity and streamlines the certification process for eVTOL operations, positioning Archer favorably within the urban air mobility landscape [8]. Group 4: Technological and Regulatory Milestones - The delivery of the first Midnight aircraft to the US Air Force demonstrates Archer's technological capabilities and compliance with stringent government standards, potentially leading to further contracts [9]. - The combination of the $500 million order from Soracle and the manufacturing facility's capacity positions Archer to meet growing demand and enhances revenue visibility [10].