In the latest market close, Archer Aviation Inc. (ACHR) reached $2.98, with a +1.36% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.9%. On the other hand, the Dow registered a gain of 0.81%, and the technology-centric Nasdaq increased by 1.22%. Prior to today's trading, shares of the company had lost 9.54% over the past month. This has lagged the Aerospace sector's gain of 2.98% and the S&P 500's gain of 3.15% in that time. The investment community will ...

Which of these speculative aerospace stocks has a brighter future?Archer Aviation (ACHR 5.14%) and Rocket Lab USA (RKLB 12.54%) are both tiny aerospace companies that went public by merging with special purpose acquisition companies (SPACs) in 2021. Both stocks initially soared, but they crashed after the companies missed their pre-merger estimates and racked up steep losses.Archer Aviation and Rocket Lab USA now trade roughly 80% and 60%, respectively, below their record highs. Could either of these unlove ...

Archer Aviation is on the cusp of big things, but it still has to hit a few milestones before it has air taxis flying in the U.S. market.Archer Aviation's (ACHR 5.14%) stock hasn't had a particularly good year, with the shares trading near their 52-week lows. But if the second-quarter earnings release is any indication, it is achieving some important progress as it looks to develop an air taxi and air taxi services. Here's a look at the buy, sell, and hold thinking on Archer Aviation.Buy Archer AviationWhen ...

This small commuter aircraft company is turning science fiction into a practical reality.It wasn't too long ago that flying taxis were the stuff of science fiction. The technology needed to economically ferry passengers through the skies above busy urban streets just didn't exist.As is so often the case though, time and innovation remove the obstacles to compelling ideas. Light but strong materials and quiet battery-electric engines are now realities, making air taxis possible. In fact, Archer Aviation (ACH ...

Archer Aviation Today | --- | --- | |---------------------|-------| | | | | | | | | | | | | | ACHR | | | Archer Aviation | | | $2.91 | | | -0.13 (-4.28%) | | | 52-Week Range $2.90 | | | ▼ | | | $7.01 | | | Price Target $9.00 | | Add to Watchlist The future of the transportation sector is taking flight, literally. Archer Aviation Inc. NYSE: ACHR is at the forefront of the rapidly evolving urban air mobility (UAM) market, designing and developing electric vertical takeoff and landing (eVTOL) aircraft. This in ...

Archer Aviation Inc.’s (ACHR) shares plunged a dismal 50.5% in the year-to-date period, underperforming the Zacks Aerospace-Defense industry’s loss of 3.5% as well as the broader Zacks Aerospace sector’s gain of 3.7%. It also came short of the S&P 500’s return of 19.9% in the same time frame. With Archer Aviation continuing to incur operating loss while still in the pre-revenue generation stage, investors may feel wary of the stock.ACHR YTD PerformanceImage Source: Zacks Investment ResearchOn the contrary, ...

These two innovation stocks appear poised for robust growth over the next 20 years.Innovation stocks have the power to deliver jaw-dropping returns in exceedingly short periods. Moreover, the current market landscape offers an unprecedented opportunity to invest in early stage innovation companies.Technological breakthroughs in artificial intelligence (AI), genomic medicine, and autonomous vehicles have spawned numerous stocks that have skyrocketed tenfold or more since 2020. Still, spotting these parabolic ...

Archer Aviation Inc. (ACHR) closed the most recent trading day at $3.06, moving +0.33% from the previous trading session. This move outpaced the S&P 500's daily loss of 0.19%. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, lost 0.36%.Heading into today, shares of the company had lost 17.12% over the past month, lagging the Aerospace sector's gain of 0.86% and the S&P 500's gain of 2.06% in that time.Market participants will be closely following the financial results of Archer Aviation ...

The company has hit some key milestones with its Midnight aircraft.Picture this: You're stuck in endless traffic, taking what feels like an eternity to reach your destination. Now, imagine pulling off the highway, parking your car, and summoning an Uber -- but the vehicle that arrives is not a car, but a drone-like aircraft that swiftly whisks you away to your destination.Such futuristic flying taxis, also referred to as electric vertical takeoff and landing (eVTOL) aircraft, have been developed and are cur ...

The developer of eVTOL aircraft has a shot at taking off again. Archer Aviation (ACHR 0.30%), a developer of electric vertical take-off and landing (eVTOL) aircraft, went public by merging with a special purpose acquisition company (SPAC) three years ago. The combined company's stock started trading at $9.90 and soared to a record high of $17.14 in February 2021 but now trades at about $3. Archer's stock crashed after it broadly missed its own pre-merger forecasts, racked up steeper-than-expected losses, an ...