Last summer, electric vertical takeoff and landing aircraft stocks experienced a resurgence in popularity, and Archer Aviation (NYSE:ACHR) was no exception. ACHR stock during this time surged from under $2 per share, to prices nearing $7.50 per share.However, as I recently discussed, excitement about eVTOL stocks has declined more recently. In the case of this early-stage name in the space, this has resulted in ACHR landing back in “penny stock territory,” or a stock price under $5 per share.But while it ma ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☒ For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-39668 Archer Aviation Inc. (Exact name of registrant as specified in its charter) Delaware 85-2730902 (State or other jurisdiction of incorporation or (I.R.S. Employer Identifica ...

In the world of flying car stocks, also known as electric vertical takeoff and landing (eVTOL) aircraft, Archer Aviation (NYSE:ACHR) remains among the most-watched companies. This year has been a bumpy one for investors in this stock. Today’s move, which sees ACHR stock down a little more than 2%, appears to highlight some consolidation in these key high-potential names after an impressive 2023.Interestingly, today’s move comes a day after Archer reported its fourth-quarter earnings and released its outlook ...

Archer Aviation (ACHR -5.18%) is developing electric vertical and takeoff landing aircraft (eVTOL), which could potentially transform urban transportation as we know it. These vehicles, also known as flying taxis, are possible because of modern battery technology and have attracted investments from companies like Boeing, United Airlines, and Stellantis.While this technology is exciting, there are some hurdles Archer Aviation must overcome to reach commercial operations. If you're considering investing in Ar ...

Archer Aviation Inc. (NYSE:ACHR) Q4 2023 Earnings Conference Call February 26, 2024 5:00 PM ET Company Participants Adam Goldstein - Founder and CEO Mark Mesler - CFO Tom Muniz - COO Andy Missan - Chief Legal Officer Conference Call Participants Savanthi Syth - Raymond James Edison Yu - Deutsche Bank Andres Sheppard - Cantor Fitzgerald Mahima Kakani - JPMorgan David Zazula - Barclays Operator Good afternoon and thank you for joining the Archer Aviation Incorporated Q4 '23 Financial Results Conference Call. ...

Q4 & FY 2023 Shareholder Letter 2 THREE CONFORMING AIRCRAFT NOW UNDER CONSTRUCTION INDICATIVE ORDER BOOK IS NOW UP TO $3.5B* 80% of Midnight’s Subsystems & Components Have Low Certification Risk The vast majority of Midnight’s subsystems and components are sourced from leading aerospace suppliers with certification heritage giving it a significantly de-risked path to certification. Continued Strong Liquidity and Capital Efficient Approach Maintained a strong liquidity position at the end of Q4 2023. Indicat ...

Investors may be cooling on electric vehicles, but that doesn’t mean they’re souring on all things electric. Interest in flying car stocks continues to grow. As the name implies, these electric vertical take-off and landing vehicles (eVTOLs) can take off and land in a vertical orientation which creates many use cases that will allow these companies to carve out an important niche.  As of February, several companies are close to making flying cars a reality. But there are still safety and regulatory hurdles ...

Archer Aviation Inc. (ACHR) is slated to report fourth-quarter and full-year 2023 results on Feb 26, after the closing bell.          In the last reported quarter, the company delivered an earnings surprise of 3.33%. Archer Aviation has a trailing four-quarter average negative earnings surprise of 21.66%.Factors to NoteIn October 2023, Archer Aviation received the first installment worth nearly $1 million from the U.S. Air Force for the delivery of a mobile flight simulator, which the U.S. Air Force and Arc ...

Archer Aviation (NYSE:ACHR) stock is down Tuesday despite inking an agreement with Trax, a provider of aviation and engineering-related software. According to the press release, Archer plans to “leverage Trax’s web-based enterprise emRO system and eMobility apps” as well as its cloud-hosting capabilities to enhance its electric air taxi project. Trax’s suite of paperless software should provide solutions for Archer’s maintenance and supply-chain management needs. It will also assist Archer’s processes relat ...

Key PointsVertical Aerospace is a promising company whose capital is insufficient, and others are in a better position. Archer Aviation cruised through Phase 1 certification and is on track for operations in 2025. Joby Aviation has a first-mover advantage and is nearing completion of Phase 3 certification. 5 stocks we like better than Joby AviationEVTOL, electric vertical take-off and landing craft, a page right out of science fiction, are about to take the world by storm. These vehicles combine the carbon- ...