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Archer Announces Three Conforming, Piloted Aircraft Are Now Under Construction; Aircraft Will Be Used In FAA "For Credit" Testing
Businesswire· 2024-02-07 14:00
Archer announced today that they are well underway in constructing the Company’s first three conforming Midnight aircraft, with the first aircraft set to begin final assembly in the coming weeks. (Photo: Business Wire)Archer announced today that they are well underway in constructing the Company’s first three conforming Midnight aircraft, with the first aircraft set to begin final assembly in the coming weeks. (Photo: Business Wire)SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR) anno ...
My ACHR Stock Prediction: Why Archer Aviation Will Return to $7 This Year
InvestorPlace· 2024-02-07 11:07
Archer Aviation (NYSE:ACHR) is a premier player in the rapidly evolving flying-car industry. If you anticipate growth in the market for electric vertical takeoff and landing (eVTOL) vehicles, stay tuned. My ACHR stock forecast indicates that substantially higher share prices are coming for patient investors.To cite a statistic from InvestorPlace contributor Muslim Farooque, the market for flying cars is projected to rise to $207.23 billion this year. This, Farooque points out, “would mark a meteoric compoun ...
3 Flying Car Stocks to Buy for the Next Bull Run: February 2024
InvestorPlace· 2024-02-06 17:13
Whitney Tilson, the former hedge fund manager turned editor and analyst at Stansberry Research, summed it up best when he referred to flying car stocks as “moonshots.” While it certainly takes an act of faith for investors to bet on airborne vehicles and flying taxis, the concept is not as far-fetched as it once seemed. In fact, governments are increasingly looking towards flying electric vehicles as a means of helping to lessen traffic congestion at the street level and cut down on the pollutants that caus ...
The 3 Most Undervalued Flying Car Stocks to Buy in February 2024
InvestorPlace· 2024-02-05 21:30
Amid a brief pullback in the S&P 500 and Nasdaq, buying opportunities are ripe for investors to pick up shares of undervalued flying car stocks.These companies are pioneering a new age of transportation. Further, the technology is expected to be used in other industries. Those range from warehouses, industrial automation, search and rescue missions, and beyond.Now is an ideal time to scoop up shares before the indices pull higher. Many of these undervalued flying car stocks come with bullish analyst ratings ...
2 Super Stocks to Buy Now That Could Help Set You Up for Life
The Motley Fool· 2024-02-05 12:45
Game-changing innovations and massive new markets can create lucrative opportunities for investors. Read on to learn more about two stocks that could deliver life-altering gains to their shareholders in the coming years.1. Archer AviationWhen people talk about electric vehicles (EVs), they typically think of Tesla's sleek cars or Ford Motor's rugged F-150 Lightning. But soon, EVs will take to the air. Archer Aviation (ACHR -0.20%) wants to spearhead this next evolution in travel with its trailblazing batter ...
Archer Aviation Inc. (ACHR) Stock Falls Amid Market Uptick: What Investors Need to Know
Zacks Investment Research· 2024-02-03 00:01
In the latest trading session, Archer Aviation Inc. (ACHR) closed at $4.94, marking a -0.2% move from the previous day. This move lagged the S&P 500's daily gain of 1.07%. At the same time, the Dow added 0.35%, and the tech-heavy Nasdaq gained 1.74%.Coming into today, shares of the company had lost 12.39% in the past month. In that same time, the Aerospace sector lost 2.69%, while the S&P 500 gained 2.93%.The investment community will be closely monitoring the performance of Archer Aviation Inc. in its fort ...
3 Once-in-a-Lifetime Flying Cars Stocks With Unprecedented Surge Potential
InvestorPlace· 2024-01-31 20:06
Flying cars, previously a sci-fi fantasy, are becoming a reality and offer a promising prospect for investors interested in flying cars stocks. Revolutionary advancements in electric propulsion, autonomy, and other key technologies are driving a new era of air mobility. Remarkably, the market for these futuristic vehicles is skyrocketing from a substantial $133.07 billion in 2023. Further, the flying cars market is projected to ascend to an impressive $207.23 billion in 2024. This would mark a meteoric comp ...
ACHR Stock Buy Alert: Grab Archer Aviation While It's Piping Hot
InvestorPlace· 2024-01-31 17:00
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 ...
Archer's Midnight Aircraft Successfully Completes Phase 1 of Flight Test Program as Company Continues to Advance Towards FAA Certification
Businesswire· 2024-01-31 14:00
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 - ...
Why Archer Aviation Inc. (ACHR) Dipped More Than Broader Market Today
Zacks Investment Research· 2024-01-27 00:01
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 ...