double_m
2 일 전
Analysts playing their games with $ACHR again. Sad how they can manipulate price action with these so-called ratings!
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Archer Aviation Inc. (NYSE:ACHR)
Analyst Upside as of January 14, 2025: 33%
Number of Hedge Fund Holders: 24
Archer Aviation Inc. (NYSE:ACHR) is a rapidly growing aircraft company with a mission to develop high-performing vertical take-off and landing aircraft in urban networks. Over the past few months, the company has accelerated its certification processes and signed partnerships, positioning it as an emerging leader in aircraft technology. For instance, on December 19 the company announced the completion of a high-volume aircraft manufacturing facility, emphasizing what 2025 has in store for the stock.
On January 8, analyst firm Canaccord raised its price target for ACHR to $14 from $11, maintaining a buy rating on the stock. The rationale behind such is that the analyst firm believes in the transformative technology under development at Archer Aviation (NYSE:ACHR). This explains why the company is rapidly enforcing crucial partnerships, accelerating its inevitable product launch. Aligning with the goal, on December 12, Archer Aviation Inc. (NYSE:ACHR) announced a strategic partnership with Anduril to make hybrid vertical take-off and landing aircraft.
Overall, the stock has shown great performance and is quite promising as it takes on large companies and the government as clients. Analysts are also bullish on the stock and their median price target implies an upside of 33% from current levels.
Overall, ACHR ranks 10th on our list of stocks that will go to the moon according to Reddit. While we acknowledge the potential of ACHR to grow, our conviction lies in the belief that certain AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ACHR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
https://www.msn.com/en-us/money/savingandinvesting/is-archer-aviation-achr-the-stock-that-will-go-to-the-moon-according-to-reddit/ar-AA1xgsCg?ocid=hpmsn&cvid=8431f225f16e4910a7828f26f36e7e62&ei=45
double_m
2 주 전
Archer Aviation: From Air Taxis to Aerial Warfare
Story by Jeffrey Neal Johnson, MarketBeat • 5h •
Archer Defense: Entering a New Strategic Airspace
Archer Aviation has taken a decisive step to diversify its revenue streams by establishing Archer Defense, a division dedicated to developing military-grade VTOL aircraft. This strategic move is a significant shift for the company, expanding its focus beyond the commercial eVTOL market.
Buyback Initiative: A Bullish Signal From the Top
CEO Adam Goldstein's directive to his team to explore aggressive stock buyback options sends a powerful message to the market. This initiative signals management's belief that Archer Aviation's stock is currently undervalued and represents a compelling investment opportunity. A stock buyback can reduce the number of outstanding shares, potentially increasing earnings per share and boosting investor confidence. This move, coupled with the establishment of Archer Defense, indicates a proactive approach to enhancing shareholder value and driving growth.
Financial Fortitude and Strategic Alliances
Archer Aviation's financials are healthy, enabling the company to execute its ambitious growth strategy. A recent $430 million equity raise, backed by existing partners Stellantis and United Airlines and new institutional investors like Wellington Management and Abu Dhabi's 2PointZero, brings the total capital raised to nearly $2 billion. This substantial influx of capital not only solidifies Archer's balance sheet but also provides the financial resources to advance the development and commercialization of its eVTOL aircraft.
https://www.msn.com/en-us/money/companies/archer-aviation-from-air-taxis-to-aerial-warfare/ar-AA1wUgnm?ocid=hpmsn&cvid=fa623b892078487099f2f7c8821fecf6&ei=89
double_m
2 주 전
Sector took another hit today. I wonder if and/or how news like this effects the overall sentiment.
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This eVTOL Startup Has Filed for Bankruptcy
The promised air taxi future appears to be slowly giving way to a robotaxi reality, but some investors remain confident.
By Jay RameyPublished: Jan 02, 2025 10:56 AM EST
Germany's Volocopter has entered insolvency proceedings in its home country after a number of successful prototype demos in recent months.
The startup's craft uses a large number of individual propellers arranged around an overhead ring structure, as in a hobby drone, while featuring a small helicopter-style cabin.
Air taxis in development are now thought to see a serious challenge from robotaxis, as driverless car tech spreads and becomes more affordable to scale.
As the eVTOL industry approaches a moment of truth, and a growing robotaxi market, those that have made it this far are now facing a difficult transition period.
Days after German eVTOL startup Lilium was able to find new investors to save itself at the last minute, another German eVTOL startup, Volocopter, has filed for insolvency proceedings.
"With one of the lowest burn rates in the industry, Volocopter has successfully operated in an extremely difficult financial environment," the company said in a statement. "However, despite recent intensive fundraising efforts, finding a viable solution to maintain regular operations outside of insolvency proceedings has not been possible." ...
https://www.autoweek.com/news/a63322209/volocopter-evtol-startup-bankrupt/
double_m
3 주 전
Why Archer Aviation Stock Skyrocketed Today
Story by Keith Noonan • 5h • 3 min read
Archer Aviation (NYSE: ACHR) stock posted explosive gains in Tuesday's trading, which saw the market close at 1 p.m. for the Christmas Eve holiday. The company's share price ended the abbreviated daily trading session up 15.1%.
Archer Aviation surged today following some big news in the defense industry. According to a report from The Financial Times, Palantir (NASDAQ: PLTR) is teaming up with defense-tech innovator Anduril to form a new consortium that aims to make big waves in the defense space -- and it could have implications for Archer.
Are Palantir and Anduril about to shake up the defense industry?
Palantir and Anduril are reportedly aiming to create a new power block in the defense industry. The FT's report says the two companies are talking to businesses including OpenAI, SpaceX, Scale AI, and Saronic to form a defense consortium that aims to challenge industry stalwarts, including RTX, Lockheed Martin, and Boeing.
Palantir and Anduril are innovation-focused players in the defense industry, with the former company being a leader in artificial intelligence (AI) software and the latter working on unmanned vehicles and robotics. The list of companies that the two partners are said to be approaching for their consortium suggests they're aiming to build a network of disruptive, next-gen tech players with the ability to outcompete current industry leaders in emerging categories. Archer Aviation investors are understandably excited.
What comes next for Archer Aviation stock?
On Dec. 12, Archer published a press release announcing that it had entered a partnership with Anduril to develop flying electric vehicles for the defense industry. Anduril has already won U.S. defense contracts, and the team-up has the potential to be a powerful catalyst for Archer. While Archer wasn't specifically named as a potential partner approached for the proposed defense consortium with Palantir, it seemingly makes for a natural candidate.
Archer Aviation recently said that it expects to begin production at its Georgia plant in the beginning of 2025, and CEO Adam Goldstein has said he expects commercial flights to begin next year. With a promising outlook on the defense front and the potential for commercial flights to kick off next year, Archer stock could keep rallying.
https://www.msn.com/en-us/money/other/why-archer-aviation-stock-skyrocketed-today/ar-AA1wrvh5?ocid=hpmsn&cvid=f41e0b729ee94750934318753c60a585&ei=6
double_m
4 주 전
$ACHR Useless complaining how SP is down over 5% on very good news. 2025 will be huge on news of production started!
Archer Completes Construction of High-Volume Manufacturing Facility
December 19 2024 - 8:30AM
Earlier this week Archer received the certificate of occupancy for its ~400,000 square foot aircraft manufacturing facility—referred to as ARC—in Covington, GA and held a commemorative ribbon cutting ceremony
Tooling load-in is already underway ahead of the planned start of initial production beginning in early 2025, with the goal being to ramp production to a rate of two aircraft per month by the end of the year
Stellantis and Archer are working to finalize an agreement pursuant to which Stellantis would work with Archer as its exclusive contract manufacturer to mass produce Archer’s Midnight eVTOL aircraft at this facility, contributing capital, advanced manufacturing technology and expertise and experienced personnel with the goal of scaling this facility to 650 aircraft annually by 2030
https://ih.advfn.com/stock-market/NYSE/archer-aviation-ACHR/stock-news/95131029/archer-completes-construction-of-high-volume-manuf
wiwineguy
1 월 전
ACHR will explode in 2025.
Top 10 Stocks to Buy NowFree Article Why Archer Aviation Stock Could Trounce the S&P 500 in 2025By George Budwell – Dec 18, 2024 at 6:30AMKey PointsArcher's exclusive partnership with defense-tech leader Anduril positions the company to capture lucrative military contracts while advancing its commercial ambitions.A strategic $430 million capital raise, backed by United Airlines, Stellantis, and institutional powerhouse Wellington Management, validates Archer's commercialization strategy.Despite the stock's 185% surge over the past 90 days, Archer’s shares still appear significantly undervalued.Buy Alert: Our 10 best stocks to buy right now (see the list)The electric vertical takeoff and landing (eVTOL) industry represents the next frontier in aviation, with JPMorgan analysts projecting a $1 trillion market opportunity by 2040. Among the companies vying to capture this massive potential, Archer Aviation (ACHR 2.48%), valued at $3.88 billion, stands out through two transformative developments that reshape its growth trajectory. Namely, the company has forged an exclusive partnership with defense technology innovator Anduril while completing a strategic $430 million capital raise that solidifies its top-tier position within the industry.
double_m
1 월 전
Is It Too Late to Buy Archer Aviation Stock?
Story by Neil Rozenbaum • 6h • 2 min read
In this video, I will cover the recent updates regarding Archer Aviation (NYSE: ACHR). Watch the short video to learn more, consider subscribing, and click the special offer link below.
*Stock prices used were from the trading day of Dec. 13, 2024. The video was published on Dec. 13, 2024.
Big News For Archer Aviation Stock Investors
https://www.msn.com/en-us/money/topstocks/is-it-too-late-to-buy-archer-aviation-stock/ar-AA1vQPDu?ocid=hpmsn&cvid=f63627d34b5944c1baeb67e93f048185&ei=140
double_m
1 월 전
Archer Aviation unveils new strategic partnership as part of its defense program
16m • 1 min read
Archer Aviation (NYSE:ACHR) announced on Thursday that it entered a strategic partnership with Anduril to develop a next-generation aircraft for defense applications.
The first product from the partnership is expected to be a hybrid-propulsion, vertical-take-off-and landing aircraft that will target a potential program of record from the United States Department of Defense.
Archer's (ACHR) ability to rapidly develop advanced VTOL aircraft using existing commercial parts and supply chains and Anduril's deep expertise in artificial intelligence, missionization, and systems integration is anticipated to accelerate speed to market for critical hybrid VTOL capabilities at a lower cost of more traditional alternatives.
The company said its efforts on the project will be part of its new Archer Defense program. To support the initiative and for other general corporate purposes, Archer (ACHR) raised $430 million in additional equity capital today, with participation from Stellantis (STLA), United Airlines (UAL), and new institutional investors, including Wellington Management and Abu Dhabi investment holding company 2PointZero.
https://www.msn.com/en-us/money/companies/archer-aviation-unveils-new-strategic-partnership-as-part-of-its-defense-program/ar-AA1vKaqf?ocid=hpmsn&cvid=d89246682ae84429b27486ae1db0146e&ei=41
double_m
1 월 전
Flying Taxis to Begin Trials in Al Ain by May 2025
Story by UAEMoments team • 13h • 2 min read
Flying taxis are set to take off in the UAE, with trials scheduled to begin in Al Ain by May 2025. Falcon Aviation Services, an Abu Dhabi-based company, plans to launch commercial air taxi services by January 1, 2026, according to CEO Ramandeep Oberoi.
Vertiports Planned in Key Locations
Falcon Aviation partnered with Archer Aviation, a US-based electric flying car manufacturer, in March 2024 to create cutting-edge vertiports. These facilities will be located at Atlantis, The Palm in Dubai, and Marina Mall heliport on Abu Dhabi’s Corniche.
The first passenger flights will use Archer’s Midnight flying taxis, traveling between these vertiports. The 30-minute journeys will take passengers over scenic water routes, offering breathtaking views of Dubai and Abu Dhabi.
Future Plans for Connectivity
Initial operations will focus on routes within Abu Dhabi, with plans to connect Abu Dhabi and Dubai by mid-2026. Future expansions aim to link Dubai and Ras Al Khaimah, catering to major destinations like the Wynn Resort project, and eventually include Al Ain.
"We’re building the market gradually,” said Oberoi, emphasizing the UAE’s strong road infrastructure as a complementary network.
Affordable Airfare Goals
Falcon Aviation aims to make flying taxis accessible, targeting fares of around Dh1,000 per passenger for Abu Dhabi-Dubai trips—about twice the cost of a regular taxi. Within cities, the goal is Dh300. However, Oberoi noted that these figures are still under negotiation and may change.
Slow and Steady Hiring Approach
The company is taking a measured approach to recruitment, relying on existing staff and bringing in specialized personnel from the US. Additional hires will include ground operations and engineering teams to manage vertiports and maintain the vehicles.
https://www.msn.com/en-us/travel/news/flying-taxis-to-begin-trials-in-al-ain-by-may-2025/ar-AA1vDOP5?ocid=hpmsn&cvid=2b3fab64aaad4acd88277681f3b45e4c&ei=124
double_m
1 월 전
Abu Dhabi to launch commercial electric air taxis
Story by GlobalData • 9Dec24 • 10:00
Archer Aviation has announced a multiparty collaboration with key United Arab Emirates (UAE) and Abu Dhabi entities to advance the establishment of commercial electric vertical-take-off and landing (eVTOL) air taxi services in the UAE capital.
Abu Dhabi is claimed to become the first city in the Middle East and North Africa to launch these types of services.
The Abu Dhabi Investment Office (ADIO), a principal signatory, will coordinate with various domestic bodies to prepare for the scheme's commercial launch.
The ecosystem for eVTOL development includes Abu Dhabi Airports, Falcon Aviation Services, Etihad Aviation Training, the UAE's General Civil Aviation Authority, Global Air Navigation Services, Global Aerospace Logistics, and the Integrated Transport Centre.
The collaboration delineates the roles and responsibilities of each party, setting the stage for definitive agreements between Archer and the commercial stakeholders.
This partnership builds upon a previous agreement with the ADIO to expedite the commercialisation of air taxis in the region.
ADIO director general Badr Al-Olama said: “We are pleased to see leading members of Abu Dhabi’s aviation sector collaborating with Archer to support the launch of air taxis in the emirate. This partnership marks a major milestone in the efforts led by Abu Dhabi’s Smart and Autonomous Systems Council to accelerate smart and advanced mobility solutions, further solidifying the emirate’s position as a global leader in smart and autonomous vehicles.”
Abu Dhabi Airports managing director and CEO Elena Sorlini added: “We are proud to support this pioneering collaboration, marking a significant step towards sustainable urban mobility in Abu Dhabi. This partnership reinforces our commitment to innovation and positions the emirate as a global leader in next-gen transportation, ensuring seamless connectivity for future passengers.”
In May this year, Archer Aviation launched its battery pack manufacturing site, the first of two facilities set to be completed in 2024.
"Abu Dhabi to launch commercial electric air taxis" was originally created and published by Airport Technology, a GlobalData owned brand.
https://www.msn.com/en-us/money/other/abu-dhabi-to-launch-commercial-electric-air-taxis/ar-AA1vyAEV?ocid=hpmsn&cvid=c3d6a76c811744038e4b53cc597254f8&ei=55
rwwest
2 월 전
Stellantis Taps US Boss, Former CFO for Roles After CEO Exit
Stellantis NV appointed executives including North America boss Antonio Filosa to a committee taking over from ousted CEO Carlos Tavares, as the automaker works to fill a leadership void.
The group will be headed by Chairman John Elkann and shape decisions at the company until a new CEO is found, Stellantis said Dec. 2 in a statement, confirming an earlier Bloomberg News report. Members also include purchasing chief Maxime Picat, who will oversee China and the Leapmotor International venture, and Chief Financial Officer Doug Ostermann.
Former Stellantis CFO Richard Palmer was appointed as special adviser to Elkann and will be a “sounding board” for the company’s leadership, Stellantis said.
https://www.ttnews.com/articles/stellantis-roles-post-tavares