Archer Aviation Inc. (ACHR)

NYSE: ACHR · IEX Real-Time Price · USD
4.010
+0.260 (6.93%)
May 14, 2024, 1:34 PM EDT - Market open
6.93%
Market Cap 1.29B
Revenue (ttm) n/a
Net Income (ttm) -461.30M
Shares Out 321.62M
EPS (ttm) -1.62
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 4,060,084
Open 3.830
Previous Close 3.750
Day's Range 3.830 - 4.080
52-Week Range 2.330 - 7.490
Beta 2.45
Analysts Strong Buy
Price Target 9.00 (+124.44%)
Earnings Date May 9, 2024

About ACHR

Archer Aviation Inc., together with its subsidiaries, engages in designs, develops, and operates electric vertical takeoff and landing aircraft for use in urban air mobility. The company was formerly known as Atlas Crest Investment Corp. and changed its name to Archer Aviation Inc. The company is headquartered in San Jose, California. [Read more]

Sector Industrials
Founded 2018
Employees 578
Stock Exchange NYSE
Ticker Symbol ACHR
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for ACHR stock is "Strong Buy." The 12-month stock price forecast is $9.0, which is an increase of 124.44% from the latest price.

Price Target
$9.0
(124.44% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

American Coastal Insurance Corporation Announces the Sale of Interboro Insurance Company to Forza Insurance Holdings, LLC

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of Interboro Insurance ...

Other symbols: ACIC
4 days ago - Business Wire

Archer Announces First Quarter 2024 Results; Flight Testing Accelerates As Midnight Closes In On Transition Milestone & Midnight's Key Systems Pass Rigorous Testing

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR) today announced operating and financial results for the first quarter ended March 31, 2024. The Comp...

4 days ago - Business Wire

American Coastal Insurance Corporation Reports Financial Results for Its First Quarter Ended March 31, 2024

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq: ACIC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial ...

Other symbols: ACIC
4 days ago - Business Wire

Archer Completes Installation Of High-Volume Battery Pack Manufacturing Line

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced it has completed the build out of its high-v...

6 days ago - Business Wire

Archer Aviation Inc. to Present at Upcoming Investor Conferences

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR) today announced that members of its management team are scheduled to participate in upcoming investor conferences. BofA Securiti...

6 days ago - Business Wire

Archer Aviation ($ACHR) Signs Deal in Abu Dhabi to Advance Air Taxi Operations Across UAE

Archer Aviation (NYSE: ACHR), a leader in eVTOL aircraft development, announced the framework of a significant agreement in Abu Dhabi. This multi-hundred-million dollar deal accelerates Archer's air t...

17 days ago - Green Stock News

American Coastal Insurance Corporation Schedules First Quarter 2024 Financial Results and Conference Call

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insu...

Other symbols: ACIC
18 days ago - Business Wire

Archer Signs Framework Agreement For Multi-Hundred-Million Dollars To Accelerate Commercial Air Taxi Operations Across UAE

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Archer Aviation Inc., a leader in the development of electric vertical takeoff and landing (eVTOL) aircraft, announced the signing of a framework agre...

19 days ago - Business Wire

Archer To Report First Quarter 2024 Operating Update and Financial Results on May 9, 2024

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR) will report its first quarter 2024 operating update and financial results after market close on Thursday, May 9, 2024. The compa...

21 days ago - Business Wire

Archer Aviation aims to start electric air taxi trials in India next year

Archer Aviation , backed by Stellantis and Boeing , aims to begin trials of its electric air taxi in India next year, ahead of a planned commercial launch in 2026, the company's chief executive told R...

25 days ago - Reuters

Archer Opens D.C. Office; Adds Key Policy, Government, and Regulatory Affairs Leaders Under Former FAA Chief as It Prepares for Commercial Launch

WASHINGTON--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced today key strategic hires to bolster its government relati...

26 days ago - Business Wire

Here's why Lilium, Archer Aviation, JOBY stocks have plunged

Electric Vertical Take-Off and Landing (eVTOL) stocks are not having a good year as investors dump unprofitable companies. Joby Aviation (NYSE: JOBY) stock price has crashed to $4.60, its lowest level...

Other symbols: JOBYLILM
4 weeks ago - Invezz

These stocks' price targets have been cut the most by Wall Street analysts in 2024

In an orderly world, companies would increase revenue and profits steadily to support a continual lifting of earnings estimates and price targets for stocks. But life is never simple.

Other symbols: ALBAPAAPDBGCHTRHUMTSLA
6 weeks ago - Market Watch

Archer Successfully Completes Multiple Battery Pack Drop Tests; One of the Most Challenging Tests It Is Set to Face as Part of the FAA's Type Certification Program

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc., a leader in the development of electric vertical takeoff and landing (“eVTOL”) aircraft, today announced the successful completion of rigoro...

6 weeks ago - Business Wire

Stellantis Signals Its Continued Confidence in Archer by Further Increasing Its Strategic Shareholding in the Company

AMSTERDAM AND SANTA CLARA, CALIFORNIA, March 18, 2024 – Stellantis N.V. and Archer Aviation Inc. (NYSE: ACHR) today announced that Stellantis recently completed a series of open market purchases of ~8...

Other symbols: STLA
2 months ago - GlobeNewsWire

Archer and Falcon Aviation to Jointly Develop Vertiport Network in Dubai and Abu Dhabi for the Launch of Flying Car Operations in UAE as Soon as 2025

DUBAI, United Arab Emirates--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR), a leader in electric flying cars, announced today that Falcon Aviation, a prominent Aviation Services Operator in the U...

2 months ago - Business Wire

Archer to Present at 2024 J.P. Morgan Industrials Conference

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR) Chief Commercial Officer, Nikhil Goel, will present at the 2024 J.P. Morgan Industrials Conference on Tuesday, March 12, at 2:50...

2 months ago - Business Wire

American Coastal Insurance Corporation Reports Financial Results for Its Fourth Quarter and Year Ended December 31, 2023

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq: ACIC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial ...

Other symbols: ACIC
2 months ago - Business Wire

Archer Announces Fourth Quarter and Full Year 2023 Results; Now In Final Phase of Midnight's Certification Program as it Readies for Launch in 2025

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR) today announced operating and financial results for the fourth quarter and fiscal year ended Decembe...

2 months ago - Business Wire

American Coastal Insurance Corporation Schedules Fourth Quarter and Full Year 2023 Financial Results and Conference Call

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insu...

Other symbols: ACIC
3 months ago - Business Wire

Cathie Wood loads up on shares of Archer Aviation Inc

Archer Aviation Inc (NYSE: ACHR) is in focus today following news that Cathie Wood loaded up on shares of the eVTOL company last night. How much of Archer Aviation stock did she buy?

3 months ago - Invezz

Archer Receives Part 145 Certification From the Federal Aviation Administration

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced today that it received its Part 145 certification...

3 months ago - Business Wire

Archer Announces Three Conforming, Piloted Aircraft Are Now Under Construction; Aircraft Will Be Used In FAA “For Credit” Testing

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR) announced today that they are well underway in constructing the Company's first three conforming Midnight aircraft, with the fir...

3 months ago - Business Wire

Archer To Report Fourth Quarter and Full Year 2023 Operating Update and Financial Results on February 26, 2024

SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR) will report its fourth quarter and full year 2023 operating update and financial results after market close on Monday, February ...

3 months ago - Business Wire

Archer's Midnight Aircraft Successfully Completes Phase 1 of Flight Test Program as Company Continues to Advance Towards FAA Certification

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 hi...

3 months ago - Business Wire