In 2023, Archer Aviation (NYSE:ACHR) investors saw a doubling in its share price as it is among the best-performing electric vertical takeoff and landing (eVTOL) stocks in the market. Wall Street analysts have provided ACHR stock with a favorable consensus “buy” rating — but not everyone is sold on this sector. After all, flying cars were supposed to be here decades ago (hello, Jetsons). So, if we’ve thought about this for seemingly forever, why hasn’t the technology already arrived? Let’s further evaluate ...

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced today that the company’s Midnight aircraft has hit another key milestone with completion of Phase 1 of its flight test program. Utilizing learnings from the previous four years of flight testing, Archer’s Midnight aircraft finished the flight test phase in approximately three months, which is significantly faster than Archer’s full-scale prototype aircraft - ...

In the latest market close, Archer Aviation Inc. (ACHR) reached $4.90, with a -1.61% movement compared to the previous day. This change lagged the S&P 500's 0.07% loss on the day. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq decreased by 0.36%.Heading into today, shares of the company had lost 20.19% over the past month, lagging the Aerospace sector's loss of 3.77% and the S&P 500's gain of 3.05% in that time.Investors will be eagerly watching for the performance ...

Based on industry-wide growth forecasts it’s very easy to see why investors are so interested in the top-rated flying car stocks heading into early 2024. Market research by UnivDatos expects compound annual growth rates above 50% through 2030. More moderate expectations peg those rates at a still impressive 35% through 2032.The market is dominated by what are known as electric vertical takeoff and landing vehicles (eVTOLs). Multiple firms have risen to prominence through their development of the vehicles. T ...

The most recent trading session ended with Archer Aviation Inc. (ACHR) standing at $4.98, reflecting a -0.6% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily gain of 0.53%. Meanwhile, the Dow gained 0.64%, and the Nasdaq, a tech-heavy index, added 0.19%.The company's shares have seen a decrease of 21.23% over the last month, not keeping up with the Aerospace sector's loss of 2.99% and the S&P 500's gain of 2.48%.Market participants will be closely followin ...

While everyday mobility generally occurs on the terrestrial realm, the vertical axis opens up several possibilities, thereby bolstering the basic case of eVTOL stocks. With electric vertical takeoff and landing aircraft, people can quickly and conveniently get to their destination. Better yet, these flying car stocks present holistic value.Yes, when it comes to flying vehicle stocks, I suppose you can technically include helicopters in the mix. However, they’re loud – and when there are several in the area, ...

Flying car stocks could be the next big moneymaker for investors.We already know the flying car market could be worth about $215.5 billion by 2025, according to Allied Market Research. By 2035, it could be worth well over $3.8 billion. And by 2040, we could be looking at a massive $1.5 trillion market, even $2.9 trillion, according to Morgan Stanley.In fact, the firm notes, “Flying cars could initially gain market share from cars on the road, planes and public transportation. However, it could also open up ...

Archer Aviation (ACHR 1.94%) has a new deal to collaborate with the National Aeronautics and Space Administration (NASA), and the agreement looks like a validation of the "flying taxi" start-up's engineering. Investors are excited about the development, sending shares of Archer up as much as 15% on Monday morning.The announcement seemed to rekindle interest in the once-hot but lately out-of-favor sector, sending shares of Lilium (LILM 4.25%) up by as much as 13% and Joby Aviation (JOBY 1.78%) up by as much ...

Archer Aviation (NYSE:ACHR) is in the spotlight after signing a new deal with NASA. The agreement with the agency is likely to significantly boost investors’ confidence in the company, which is developing electric vertical take-off and landing (eVTOL) aircraft. In the wake of the announcement, ACHR stock is climbing 10% in early trading.Although ACHR stock is still down 13% for the past month, it is up 22% for the past six months.Archer’s DealsUnder the agreement, ACHR and NASA will jointly develop “battery ...

Here’s a company that could become a household name in a few years. Archer Aviation (NYSE:ACHR) is relatively unknown today, but the company is advancing a transportation sector that’s still in its infancy. Consequently, ACHR stock has zero-or-hero potential and you’ll definitely want to assess your appetite for volatility before getting on board.Just to recap, Archer Aviation manufactures air taxis, which are more formally known as electric vertical takeoff and landing aircraft. There’s no guarantee that t ...