Latest news with #JoshSullivan
Business Insider
6 days ago
- Business
- Business Insider
Archer Aviation (ACHR) Lands Fresh Buy Ratings and Price Targets Up to $18 after Earnings Call
Archer Aviation (ACHR) just got a fresh wave of love from Wall Street. Following its latest earnings call, four different firms reaffirmed their Buy ratings, each for their own reasons, but all pointing to the same bottom line: Archer looks well-positioned for growth. 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. What the Street's Saying To kick things off, Benchmark's Josh Sullivan kept a $12.00 target and zeroed in on the company's progress toward FAA eVTOL certification. While the regulatory framework is still taking shape, events on the horizon, like the 2028 Los Angeles Olympics, and recent executive orders could help speed up the process. Archer, notably, is the exclusive air taxi provider for those Games, giving it a unique edge. On top of that, its push into defense tech via acquisitions opens up new revenue streams. With $1.7 billion in cash on hand, the company has the resources to chase these big goals. Over at Needham, Chris Pierce bumped the price target to $13.00, with a focus more on the road to commercialization. He noted that Archer not only stuck to its production guidance – something many doubted – but also moved its UAE program from the planning stage to actual flight testing. Manufacturing is ramping up at two sites, and a pilot program backed by the White House sets a clear path for U.S. testing by 2026. He also sees Archer's OEM model as a faster-growth play compared to peers focused solely on air taxi services. H.C. Wainwright's Amit Dayal came out the most bullish, slapping on that $18.00 target. He pointed out that even though Archer reported no revenue this quarter, it continues to clear major milestones: progress toward certification, prepping its first Launch Edition deliveries, and positioning itself for regulatory tailwinds from the Olympics. Dayal also flagged the company's defense strategy, including work on hybrid-electric aircraft, as another key growth lever. All told, analysts agree Archer has the funding, partnerships, and momentum to make its ambitious plans work. Still, they caution that execution risk is real given the aggressive timeline. Is Archer Aviation Stock a Good Buy? Despite the stock's speculative nature, 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 $11.92. This implies a 20.83% upside from the current price.
New York Post
03-08-2025
- New York Post
Active shooter training instructor on what you can do to stay safe: ‘First step is situation awareness'
Trainer's focus is survival Meet Josh Sullivan. Josh: 'My background's public safety. Age 16 I joined my Maryland town's fire department and am still on its command center. I started working in corrections at 18. Next, law enforcement agencies. Then diplomat security, protecting heads of state. Finally, my own company which led to the ALIVE Active Shooter Survival Training Program where I'm master instructor.' Which means what? Advertisement 'First step is situation awareness. Paying more attention.' The country is now so unsafe that it's impossible to stay safe. 'The Park Avenue shooter was tunnel focused. Passed people before entering that building. He walked by in open air holding that rifle. Once he passes by, maybe somebody could've grabbed that rifle away. Advertisement 'Look, there's also proactive action. Enter any restaurant, building, office, whatever. Check exits, look around, see the doors, devise a plan where if anything happens — fire, emergency, active threat — prepare in your mind what you'll do. In a restaurant sit facing the doors. Try to see what's happening before it happens. 'Stay calm. Don't let fear overtake you and then freeze. Fear is the bad part. Pre-check a quick place to hide. To cover you. In a movie theater check the exits. In a school, use your cell. Call 911. Tell the dispatcher what's happening. Just don't walk out with your phone in your hand or you could get done by overzealous police. 'My organization teaches in-person teams. Zoom teams. Barricade a room, turn lights off, lock doors. It's situational awareness. Warning signs. Note places that can cover you. Advertisement 'My company's called ALIVE. A — is for Assess. L — for Leave, if you can. I — Impede doors and windows if possible. If a school, with children inside, best is try to get them outside. V — for violence. And E — for expose.' Garden parties gone by Those good aulde days. Have 1957's rundown for a gala summer dinner: Gallon of milk — 82 cents, whole schmear — $20 a person. Appetizer: melon, tomato juice or apricot. Relish: pickles, celery, carrots or olives. Entree: Fish with horseradish. Soup: consomme. Entrée: Roast beef, turkey wings, stuffed cabbage, veal, capon, chicken, veggie platter of asparagus, coleslaw. Dessert: Ice cream, pineapple, sponge cake, strudel, tea and cookies. Pumpernickel and/or rye bread. Creature feature Continuing down that line, there's the Guillermo del Toro film 'Frankenstein' out in November. Who's the crazed mad sicko scientist with the madman brain who struck terror and horror and re-created human beings from living parts and starred charmer Boris Karloff and rumbled into our lives in 1931? Stars Jacob Elordi and Oscar Isaac. 'Time' has past Advertisement Also making a return engagement — in some Broadway play form — singer Bobby Darin, who left us 1973 and donated his body to medical research. People once said — for no reason I can determine — that his ghost walks along Arthur Avenue in The Bronx. I only know I reported that Sinatra gave him tips on how to handle women. Reviews have said his story 'Just in Time' — Jonathan Groff plays Darin — is said to not have the endurance or be 'compelling enough.' So what's left for us? Calvin Coolidge back as president?!
Business Insider
25-06-2025
- Business
- Business Insider
Kratos Defense Stock (KTOS) Dips on Ceasefire Agreement
Kratos Defense (KTOS) stock was down on Tuesday after a ceasefire agreement was reached between Israel and Iran. This saw it join other aerospace and defense companies that fell on the news, such as RTX (RTX) and Lockheed Martin (LMT). Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Kratos Defense also received updated analyst coverage yesterday: Stifel Nicolaus analysts initiated coverage with a Buy rating and a $52 price target, suggesting a possible 29.42% upside for the shares. Five-star Benchmark Co. analyst Josh Sullivan reiterated a Buy rating and increased his price target to $48 from $40, implying a 19.46% upside for KTOS stock. Shares of KTOS stock were down 6.72% on Tuesday morning but are still up 54.28% year-to-date. The stock has also rallied 116.42% over the past 12 months. Is Kratos Defense Stock a Buy, Sell, or Hold? Turning to Wall Street, the analysts' consensus rating for Kratos Defense is Strong Buy, based on six Buy and two Hold ratings over the past three months. With that comes an average KTOS stock price target of $43.57, representing a potential 6.79% upside for the shares.
Yahoo
17-05-2025
- Yahoo
8 shooting victims found "lying in a pool of blood" in South Africa bar
Police in South Africa launched a manhunt on Saturday for gunmen who killed eight customers at a tavern in the southeastern city of Durban. The attack late on Friday evening was the latest mass shooting in the crime-weary African nation that has one of the world's highest murder rates. The incident unfolded when an unknown number of gunmen entered the bar in Umlazi township and opened fire, police said. First responders found the eight dead people "lying in a pool of blood with multiple gunshot wounds", police said in a statement, adding that two of them were women. The victims were aged between 22 and 40 years old, police said. "Investigations into the possible motive of the killings are underway," they said. Shootings are common in South Africa, often fueled by gang violence and alcohol. Many people own licensed firearms for personal protection, yet there are many more illegal guns in circulation. There are around 75 murders a day in South Africa, according to police data. According to the most recent government crime statistics, 6,953 people were murdered in the country from October 2024 to December 2024. Sometimes entire families are targeted. Last September, gunmen shot dead seven members of the same family, including three children, in an execution-style killing in their home in a rural part of the country. In 2013, 10 members of the same family — including a 13-year-old — were killed in a mass shooting at their house in South Africa. Sometimes, more high-profile people are targeted. Last month, gunmen in South Africa abducted a U.S. missionary from his church as he was delivering a sermon. Pastor Josh Sullivan was later rescued during a shootout between police and his captors that left three suspects dead. In April 2024, soccer star Luke Fleurs was gunned down as he refilled his car at a gas station in South Africa. Six suspects were arrested. Surprising facts about Mark Twain that biographer Ron Chernow learned while writing new book Family's goodbye to beloved dog becomes a lesson in letting go Saturday Sessions: Jensen McRae performs "I Don't Do Drugs"
Yahoo
13-05-2025
- Business
- Yahoo
Archer Aviation Skyrockets 23%: The Electric Jetmaker Making Noise Without Making a Sound
Archer Aviation (NYSE:ACHR) just gave investors a reason to look up. The stock jumped 23% at 1.38pm, after the company reported a narrower-than-expected Q1 loss and laid out a series of updates that could reshape its trajectory. Archer posted a loss of 17 cents per share, beating Wall Street's 28-cent forecast. This isn't a one-off either. Archer has now beat earnings expectations in three of the past five quarters, according to GuruFocus data, pointing to what could be improving cost discipline and better operational execution. Warning! GuruFocus has detected 2 Warning Sign with ACHR. Operating expenses came in at $144 million, and with over $1 billion in cash on hand, Archer appears well-positioned to fund its path toward commercialization. The company's narrative is also gaining altitude. Archer expects to launch its Midnight eVTOL aircraft in the UAE this summer, with Abu Dhabi Aviation already on board. In the U.S., the FAA certification process is progressing, supported by what management described as favorable standard clarifications. Meanwhile, the company is turning heads in tech and defense circles: it's now partnering with Palantir Technologies to integrate AI into its aviation systems, and its joint program with defense firm Anduril to develop a military-grade eVTOL continues to advance. Benchmark analyst Josh Sullivan maintained his Buy rating and $12 price target, calling the Anduril opportunity one of the largest on Archer's radar. We're pushing the boundaries of what's possible, said CEO Adam Goldstein. Investors seem to agree. After a tough Q1 that saw the stock drop nearly 9%, Archer's sharp bounce reflects growing confidence in both its vision and execution. With a strengthened balance sheet, expanding strategic partnerships, and key commercial milestones now within reach, Archer may be entering a new phaseone that could bring it from pre-revenue concept to high-impact operator in next-gen aviation. This article first appeared on GuruFocus.
