Latest news with #ArcherAviation
Business Insider
5 hours ago
- Business
- Business Insider
Archer Aviation (ACHR) Stock Sinks 10% as Investors Wait for Commercial Takeoff
Archer Aviation (ACHR) is steadily laying the groundwork for next-gen city transit, striking deals and forming partnerships around the world with what appears to be a focused strategy. Still, the future can't arrive fast enough. Until commercialization becomes real, the stock remains a speculative play. Yesterday's trading session proved just that, as shares of ACHR fell $1.44 to $11.85, down 10.84%, with an added premarket drop to $11.45. The sell-off occurred amid heavy options activity, with 204,000 contracts changing hands. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Call volume continued to outpace puts, with a put/call ratio of 0.47. That is higher than the typical 0.25, signaling more hedging despite bullish speculation. Implied volatility dropped sharply, falling 12.62 points to 86.96, but remains elevated versus historical norms. Options are pricing daily swings of $0.65, and skew data shows rising demand for downside protection. Manufacturing Moves, Market Waits Just a few days ago, CEO Adam Goldstein highlighted the company's acquisition of an advanced composite manufacturing facility in Long Beach, which occurred in May. 'We continue to believe that investing in key advanced manufacturing capabilities here in the U.S. is the right approach,' he wrote. The deal aims to reduce costs on the Midnight aircraft and speed up development of new variants, including for defense. The move reflects Archer Aviation's focus on deeper U.S. manufacturing as it scales. For now, Archer Aviation is moving fast on vision, but the market is waiting on execution. Until timelines firm up and revenue starts to take shape, volatility may remain part of the journey. Is Archer Aviation Stock a Good Buy? Despite the stock's decline, Wall Street analysts remain optimistic about the company. Based on six recent ratings, Archer Aviation boasts a 'Moderate Buy' consensus with an average 12-month price target of $11.75. This implies a 0.84% downside from the current price.
Yahoo
7 hours ago
- Business
- Yahoo
Archer Aviation Stock Is Plummeting Today -- Is It Time to Buy?
Key Points Archer Aviation stock is sinking today following news that legal claims regarding its SPAC merger will advance. The company's share price is also facing pressures due to concerns that one of its key investors could pull back on funding. Archer Aviation is a risky, volatile stock, but the catalysts driving today's sell-offs probably aren't deal breakers. 10 stocks we like better than Archer Aviation › Archer Aviation (NYSE: ACHR) stock is seeing a big pullback in Monday's trading. The company's share price was down 11% as of 3:45 p.m. ET despite the S&P 500 being up 0.2% and the Nasdaq Composite being up 0.4% at the same point in the day's trading. Archer Aviation's valuation is being pressured by a pair of bearish catalysts today. The electric vertical takeoff and landing (eVTOL) aircraft specialist went public through a merger with a special purpose acquisition company (SPAC) in 2021, but some investors are pursuing legal claims that the merger's architects made incorrect claims about the launch timeline for one of Archer's prototypes. Adding another valuation pressure, Stellantis announced that it was giving up on developing a hydrogen-powered car after posting a disappointing quarterly report. Stellantis is one of Archer's most important financial backers, and some investors are worried that the company will reduce its support for the eVTOL specialist. Is Archer Aviation stock a buy right now? Archer has huge growth opportunities in both the private- and public-sector markets for eVTOLS, but it's still a pre-revenue company. As a result, the stock is prone to high levels of volatility based on news items and shifts in broader-market sentiment. The company's share price has seen some big swings this year, but it's still up roughly 21% year to date after today's sell-off. While Archer stock could continue to be highly volatile in the near term, the bearish catalysts pushing the stock lower today are unlikely to be defining factors in the company's long-term performance outlook. Even in an unfavorable scenario, legal claims related to the eVTOL specialist's SPAC merger would likely be resolved for a sum that's relatively modest compared to its current valuation. Meanwhile, there's no real indication that Stellantis intends to pull investment support from the company. Archer Aviation stock continues to be a high-risk, high-reward investment that's prone to big swings, but today's news doesn't break the bull case for the stock. Should you buy stock in Archer Aviation right now? Before you buy stock in Archer Aviation, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Archer Aviation wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Keith Noonan has positions in Archer Aviation. The Motley Fool recommends Stellantis. The Motley Fool has a disclosure policy. Archer Aviation Stock Is Plummeting Today -- Is It Time to Buy? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15 hours ago
- Business
- Yahoo
Daily Stock Watch: Why investors are watching Trump Media, Alphabet, and Verizon
Trump Media shares rose premarket after gaining 3% on Monday. The company announced it had accumulated $2 billion in bitcoin and related assets. Verizon, Archer Aviation, Alphabet, and Opendoor also saw notable premarket moves. Trump Media, Verizon Communications, Archer Aviation, Alphabet, and Opendoor Technologies are on investors' minds. This is where they were trading premarket as of 7 a.m. ET Tuesday —and what's driving the moves. 1. Trump Media & Technology The move: The company that owns the social media platform Truth Social jumped almost 1.5% to $19.53 per share, after gaining 3% Monday. Why: The company announced that it had accumulated about $2 billion worth of bitcoin and related securities following the signing of President Donald Trump's crypto bill on Friday. 2. Verizon Communications The move: The stock was up about 0.4% to $42.68 a share, after rising 4% on Monday. Why: Before the bell Monday, the telecommunications giant reported second-quarter earnings that beat analysts' estimates and upgraded its profit forecast for the year. 3. Archer Aviation The move: The California-based company that develops electric vertical takeoff and landing aircraft was down nearly 3% to $11.49 a share after falling almost 11% on Monday. Why: Its stock fell after a judge ruled that a lawsuit against the company can proceed. The lawsuit alleges that Archer Aviation, billionaire Ken Moelis, and others behind the merger deal that made Archer public misled shareholders about the value of shares. 4. Alphabet The move: Alphabet rose 0.4% to $191.90 per share after rising nearly 3% on Monday. Why: The company that owns Google saw a jump when several analysts raised their price targets ahead of it reporting its latest earnings results after the bell on Wednesday. Morgan Stanley cited a possible revenue boost driven by its generative AI efforts. 5. Opendoor Technologies The move: The real-estate company has continued to rise, up 14% to $3.66 a share after gaining 42% on Monday. Why: The surge came after a social media post by investor and Carvana spotter Eric Jackson, who said he expected a strong turnaround for Opendoor. Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17 hours ago
- Automotive
- Yahoo
Why Archer Aviation Stock Skyrocketed Last Week
Key Points Archer Aviation stock saw big gains in conjunction with news that Joby Aviation had doubled its vehicle production capacity. Archer and Joby are competitors, but promising indicators in the eVTOL market often boost both companies valuations. Archer stock is also getting a boost from interest surrounding drones for the defense industry. 10 stocks we like better than Archer Aviation › Archer Aviation (NYSE: ACHR) stock closed out the past week of trading with big gains. At the end of Friday's trading, the electric-vertical-takeoff-and-landing (eVTOL) specialist's share price was up 26.5% from the previous week's market close. Archer Aviation roared higher following news that its competitor Joby Aviation is scaling up its manufacturing operations. Archer stock also got a boost from rising excitement surrounding drones for the defense industry. Image source: Getty Images. Archer stock soars on Joby news and drone bets On July 15, Joby Aviation published a press release announcing that it had doubled its vehicle production capacity at its Marina, California, manufacturing facility. The company also announced that it was ramping up components manufacturing and testing operations at its renovated plant in Dayton, Ohio. Even though Archer Aviation and Joby Aviation are competitors, the fledgling eVTOL market is still in its infancy and should be able to support multiple winners. At this stage, Joby's progress actually appears to be a bullish indicator for Archer's outlook. In addition to the Joby news, Archer stock got a boost as investors bet on companies that could be poised to benefit as the U.S. moves to strengthen its position in defense drones. Despite some volatile swings across the stretch, Archer Aviation stock is now up 36% across 2025's trading. With its latest valuation gains, Archer now has a market capitalization of roughly $7.3 billion. What's next for Archer Aviation? Joby's move to significantly increase its manufacturing operations could be a sign that the company expects to receive the necessary regulatory permits to begin operating in some key markets soon. If Joby receives regulatory approvals, there's a good chance that Archer Aviation will also be in good position to receive approvals to begin commercial operations for its Midnight craft. But while the potential commencement of commercial operations in the air-taxi space is likely to be the biggest factor in whether Archer posts meaningful revenue this year this year, news about eVTOLs and other drones designed for the defense industry could actually be a bigger catalyst for the stock in the near term.
Globe and Mail
a day ago
- Business
- Globe and Mail
The Most Important Thing for Archer Aviation Investors to Watch in 2025
Key Points Archer Aviation is advancing toward commercial operations of its Midnight electric vertical takeoff and landing aircraft. The company is currently in the final phase of the certification process. Failure to achieve the requisite FAA certifications would be devastating for the upstart aviation company. 10 stocks we like better than Archer Aviation › For an upstart company like Archer Aviation (NYSE: ACHR) there's no shortage of hurdles that it must overcome. From ensuring that its capital needs are met to forging strategic relationships with manufacturing partners, there are numerous needs for the company to address. But there's one issue that should remain at the forefront of investors' minds regarding the electric vertical takeoff and landing (eVTOL) company over the coming months -- one that undoubtedly is a priority on management's radar. This above all should be on investors' radars Disrupting the aviation industry as Archer is aiming to do is no simple feat. Of the various issues investors are monitoring as the company approaches commercial operations in the wild blue yonder, Archer's progress toward achieving the requisite certifications from the Federal Aviation Administration (FAA) should be the most glaring thing on the radar. Archer has high hopes for Midnight, its innovative eVTOL aircraft, but all of these lofty aspirations mean little if the FAA doesn't provide the necessary certifications. Archer reported significant progress in the certification process in 2024, and the company has advanced even closer toward its goal in 2025. In February, for example, Archer received Part 141 certification from the FAA, allowing it to officially proceed with its pilot training program. In Archer's first quarter 2025 financial presentation, management stated that the company is "largely focused on the fourth and final phase of the certification program and have received FAA approval for [about] 15% of the compliance verification documents." Digging a little deeper into why the FAA certification means so much Archer's ambitions are hardly bound to operating in the United States. In addition to to the operations it plans on commencing in New York and Los Angeles, Archer has signed agreements with Abu Dhabi Aviation and Ethiopian Airlines -- two companies that plan to purchase Midnight aircraft and provide service in their respective countries. These plans are surely just the start for Archer's partnership with companies outside of the U.S. But, as it is with the FAA, Archer must secure the necessary permits to operate in the foreign markets where it plans to expand. The company gained a lot more certainty with respect to operations in other countries in June, when the FAA and the Department of Transportation announced that the U.S. is spearheading a partnership with four other nations that would collaborate on streamlining the certification process and working toward the safe deployment of eVTOL aircraft. With the U.S. at the helm, the alliance includes the United Kingdom, Australia, Canada, and New Zealand. Lauding the five-nation alliance, Archer CEO Adam Goldstein stated, "If you ever wanted to see a bat signal go up into the air and say Advanced Air Mobility is here, eVTOLS will be built, they will be certified and brought around the world, that's today." Should Archer receive the final FAA certification, it should expedite its ability to commence operations in the nations that form the alliance, further indicating why the FAA certification is such a significant catalyst. What's next on the radar for those planning to fly along with Archer stock Archer has excelled at finding customers for its Midnight aircraft. From the air taxi network it's developing in New York with United Airlines to the deals it has inked with Abu Dhabi Aviation and Ethiopian Airlines, Archer is well positioned to soar when it receives clearance for takeoff. But there's the rub. Archer hasn't received the necessary certification -- known as FAA Type Certification. It's critical, therefore, that investors monitor the company's progress in this regard since delays in the certification process would be a tremendous drag on the stock. Moreover, because there are no guarantees that Archer will receive the FAA Type Certification, prospective investors must recognize that an Archer investment carries with it a higher degree of risk, something they must be comfortable with before piloting Archer stock into their portfolios. Should you invest $1,000 in Archer Aviation right now? Before you buy stock in Archer Aviation, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Archer Aviation wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,056,790!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025
