Prediction: Archer Aviation Stock Will Soar Over the Next 5 Years. Here's 1 Reason Why.
Archer Aviation (ACHR) The Motley Fool·2025-01-06 10:30
Archer Aviation (ACHR 20.27%) stock has been on an incredible hot streak lately. Even with the company issuing new shares to raise funds and diluting its previous shareholders, the stock has soared by 175% over the last six months.Factoring in the fresh shares that it sold to raise operating capital, the stock's run-up has pushed the flying electric vehicle (EV) specialist's market cap up 246% to roughly $4 billion. That's a particularly impressive feat for a business that's still in a pre-revenue state.But ...