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Entrepreneur
07-05-2025
- Business
- Entrepreneur
Archer Stock Eyes Q1 Earnings After UAE Updates
This story originally appeared on MarketBeat [content-module:CompanyOverview|NYSE:ACHR] Archer Aviation (NYSE: ACHR) has appointed retired Brigadier General Cristiano Tartaglione as the Chief Operating Officer for its UAE operations, a strategic hire announced in early May 2025 to support the upcoming launch of electric air taxi services in the United Arab Emirates. This move highlights Archer's dedication to a successful and timely entry into the UAE market, which is crucial to the company's international commercialization strategy. The announcement aligns with Archer's positive stock performance, including gains over the past month and in recent trading, indicating increasing investor confidence. As the company prepares for its Q1 2025 earnings release, this emphasis on operational leadership in a key launch market offers a strong narrative for investors assessing Archer's progress and future investment opportunities. A Veteran Hand for Archer's UAE Push Retired Brigadier General Cristiano Tartaglione, a veteran of the Italian Air Force with over 30 years of service and 3,500 flight hours, has been appointed COO of Archer's UAE operations. His distinguished career includes leading multinational air operations and advanced jet maintenance programs, as well as serving as Italy's Defense Attaché to the UAE, where he built deep regional ties. After retiring from the military, Tartaglione advised global aerospace and defense firms on market entry and transformation strategies across the Middle East and Europe. In his new role, he will lead Archer's UAE operations, building a local team, overseeing infrastructure like vertiports, and ensuring compliance with UAE GCAA regulations. He'll work closely with the GCAA and Abu Dhabi Aviation (ADA) to support the safe and timely launch of electric air taxi services. Dr. Talib Alhinai, General Manager of Archer UAE, called the appointment a "big step forward," citing Tartaglione's experience as critical to advancing the UAE's vision for sustainable, next-generation air mobility. Archer's UAE Plans Solidify Brigadier General Tartaglione's appointment as COO in the UAE strengthens Archer's preparations for its Middle Eastern launch, aligning with recent progress. In late April 2025, Archer received GCAA design approval for the UAE's first hybrid heliport at the Abu Dhabi Cruise Terminal. This key approval facilitates infrastructure development for traditional helicopters and Archer's Midnight eVTOL aircraft, enabling integration into the existing aviation system. These infrastructure advancements support Archer's planned "Launch Edition" program in Abu Dhabi, with Abu Dhabi Aviation (ADA) as the launch customer. The first Midnight aircraft is expected in Abu Dhabi in the summer of 2025 for test flights and operational validation. Commercial passenger operations with ADA are targeted to begin before the end of 2025. Therefore, the COO appointment is timely, providing experienced leadership for the crucial final phases of infrastructure completion, operational planning, and regulatory coordination. Archer's Stock Gains on Operational Progress [content-module:Forecast|NYSE:ACHR] Archer Aviation's stock experienced a substantial increase of around 36% in the month leading up to early May 2025. This positive trend was further highlighted by trading gains following announcements of UAE heliport approval and the appointment of a new COO. As of May 6, 2025, Archer's stock price closed at $8.52, resulting in a market capitalization of approximately $4.62 billion. This recent stock rally indicates growing investor confidence, likely fueled by the company's progress in its UAE commercialization plans and an increasing belief in Archer's ability to execute its near-term international launch. Despite this positive performance, the consensus among Archer Aviation's analyst community is a Moderate Buy rating with an average twelve-month price target of $11.61, suggesting a potential upside of about 38.5% from the May 6th closing price. Needham & Company's recent reiteration of its Buy rating and $13 price target in late April exemplifies this ongoing bullish sentiment from analysts, who believe the company's long-term potential has not yet been fully realized in its current stock value. Archer's Q1 Earnings Call on May 12 Archer Aviation's Q1 2025 earnings report, due May 12, is highly anticipated, especially after strong UAE operational momentum. The focus will be on spending relative to the projected $95M-$110M adjusted EBITDA loss, alongside updates on manufacturing scale-up at the Covington facility (aiming for ten Midnight aircraft in 2025), FAA Type Certification progress, and developments regarding the Abu Dhabi Aviation and Ethiopian Airlines "Launch Edition" preparations with Brigadier General Tartaglione's involvement. Investors will also be keen on updates regarding Palantir (NASDAQ: PLTR) AI integration in manufacturing and the Archer Defense venture with Anduril. Positive news in these areas could boost investor confidence. Archer Gearing Up for Takeoff Archer Aviation's appointment of an experienced COO for its UAE operations underscores its commitment to launching commercial air taxi services there, reinforcing the planned late 2025 launch with Abu Dhabi Aviation. This strategic hire, along with UAE heliport design approval, de-risks the launch. Positive investor response indicates growing confidence in Archer's execution and the UAE market opportunity. As Archer prepares its Q1 2025 update, its narrative is shifting toward near-term operational reality in the Middle East, presenting a compelling long-term investment case in urban air mobility. Before you make your next trade, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list. They believe these five stocks are the five best companies for investors to buy now... See The Five Stocks Here
Business Insider
28-04-2025
- Business
- Business Insider
‘A Fascinating Bet,' Says Top Investor About Archer Aviation Stock
Archer Aviation (NYSE:ACHR) saw its share price gallop 19% higher over the past week, fueled by a slew of developments that generated significant excitement. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Among the items of interest, Archer held a 'Meet Midnight' event in New York to showcase its Midnight eVTOL aircraft. Representatives from United Airlines, which has partnered with Archer to create an air taxi service for airports in the New York metropolitan area – were in attendance as well. Still, the Midnight isn't cleared for takeoff just yet – Archer must first secure Type Certification from the Federal Aviation Administration. Meanwhile, the company is going full steam ahead in international markets. Archer has inked two customers for its Launch Edition commercialization program: Abu Dhabi Aviation and Ethiopian Airlines. This past week, Abu Dhabi regulators approved a plan to create slots for eVTOLs at Abu Dhabi's Cruise Terminal. Still, even with the recent lift, ACHR shares are down 12% year-to-date. Yet, top investor Dhierin Bechai sees an intriguing opportunity brewing. 'While the stock price has declined, we are seeing some derisking elements as the company is getting closer to securing additional funding, and it is closer to service entry of the Midnight,' explains the 5-star investor, who is among the top 2% of TipRanks' stock pros. Bechai is encouraged by the Launch Edition signings, believing that the deals are a healthy sign that things are moving in the right direction. Turning his attention to the partnership with Ethiopian Airlines, the investor is particularly pleased by this $30 million agreement – and the opportunities it represents. 'It does show that eVTOLs can be deployed in regions with lower GDP per capita and perhaps also signals that urban air mobility can be deployed in areas where infrastructure is less advanced,' adds Bechai. While acknowledging that recent stock declines stemmed largely from broader uncertainty rather than any Archer-specific issues, Bechai cautions that a prolonged bear market or tighter international trade restrictions could pose challenges. Even so, his optimism remains firmly intact. 'I believe that Archer Aviation remains a fascinating stock. It is definitely not a stock that is cheap or risk-free. If you buy, you have to accept the risk that comes with it,' concludes Bechai. Willing to accept that risk, the investor rates ACHR stock a Buy. (To watch Bechai's track record, click here) Wall Street tends to agree that ACHR is a compelling bet. With 6 Buy and 1 Hold ratings, ACHR enjoys a Strong Buy consensus rating. Its 12-month average price target of $12.83 implies a 49% upside from current levels. (See ACHR stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Yahoo
10-04-2025
- Business
- Yahoo
Poilievre vows to slash housing taxes, criticizes Carney
-- Today, Pierre Poilievre, the Leader of the Canadian Conservative Party, launched a scathing critique of current Prime Minister Mark Carney's Liberal housing policies while outlining his tax-cutting strategy for homebuilding. Ahead of the April 28 election, Poilievre announced his intention to expedite the construction of new homes by cutting homebuilding taxes by $100,000 per home, encouraging municipalities to reduce building taxes, and eliminating the federal sales tax on new homes. To ensure transparency and accountability, Poilievre's plan includes a requirement for municipalities to publicly report development charges and detail the use of federal reimbursements for reducing these fees. He blamed the Liberal government for allowing taxes and development charges to "spiral out of control" over three terms, which he claims has made housing more expensive. Poilievre accused the Liberal government of rewarding municipal politicians who increased development costs, leading to a decline in homebuilding in densely populated areas like Toronto, Ottawa, and Victoria. He criticized Carney's housing minister for continuing to fund municipalities that have raised homebuilding taxes, asserting that it is a continuation of the same Liberal policies that have doubled housing costs. The Conservative contended, "More money from a new home today built in Canada goes to beurecrats in office buildings than goes to the carpenters, electricians, and plumbers that actually built the homes." In a direct attack on Carney, Poilievre claimed that the Prime Minister plagiarized his way through university, echoing accusations of plagiarism in Carney's Oxford PhD thesis. Poilievre also alleged that Carney copied former Prime Minister Justin Trudeau's housing commitments, which he forecasts will bear no fruit. He criticized Carney's pledges to fund modular housebuilding, citing a conflict of interest due to Carney's former role leading Brookfield Asset Management (TSX:BAM), a company invested in modular homebuilding. According to Poilievre, this approach benefits bureaucrats but fails to address the housing needs of Canadians. Concluding his speech, Poilievre promised to restore the possibility of homeownership by removing bureaucracy, incentivizing municipalities to accelerate permit processes, and supporting tradesmen with tax cuts to boost construction. "We cannot afford a fourth Liberal term of doubling housing costs," he stated, emphasizing his commitment to building more homes for Canadians. Related articles Ethiopian Airlines, Africa's Largest Carrier, and Archer Sign Agreement to Deploy Midnight Under the "Launch Edition" Program Donegal Group stock hits 52-week high at $18.9 amid strong growth INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Profound Medical Corp. - PROF
Globe and Mail
30-03-2025
- Business
- Globe and Mail
Where Will Archer Aviation Be in 1 Year?
Right off the bat, it should be noted that Archer Aviation (NYSE: ACHR) should be thought of as a risky investment that only aggressive investors will want to consider. But if the company can successfully execute one of its key 2025 initiatives, Archer could prove that its business concept has a long-term future. Here's why you'll want to pay attention to where Archer Aviation is in one year if you are interested in this upstart airplane maker. What does Archer Aviation do? A cynic might say Archer Aviation loses money. It, in fact, did that extremely well in 2024, posting red ink of more than half a billion dollars on the bottom line of its income statement. On a per-share basis, that amounted to a loss of $1.42, which was an improvement over 2023's $1.69 per-share loss. Don't get too excited by that, however, because the absolute loss was worse. The per-share loss was reduced because it was spread over more shares. That's not unusual for a start-up company, especially one attempting to build a capital-intensive business from scratch. It gets even harder when you add that Archer Aviation is attempting to create a product that doesn't exist in a highly regulated industry. In fact, even if management executes at the top of its game, the red ink will likely continue for years. Capital to fund the investment is vital, and stock sales are an effective means to raise it, even if it ends up diluting current shareholders. But what, exactly, is Archer Aviation attempting to do? The company has built a vertical-lift, short-haul electric aircraft. For lack of a better description, it is an air taxi intended to move a small number of people over short distances. The early goal is to do this in congested cities, where flying over traffic will result in material time savings. Archer Aviation has a prototype and is working toward Federal Aviation Administration (FAA) approval. This is likely to be a multiyear, expensive effort. In 2025, the company is building 10 of its vehicles, a number of which will be used just for testing. Even though it is a necessary expense, every test vehicle is just more money out the door. There's a key test of the company's business in 2025 But not all of those 10 aircraft will be used for FAA testing. Archer Aviation has inked a deal with Abu Dhabi Aviation (ADA) to launch the first air taxi service using the company's aircraft. It is important for Archer Aviation to get regulatory approval in the United States, of course. But the Abu Dhabi air taxi service is the first real test of the entire air taxi concept. Archer Aviation is going all out to support the effort. According to the company's fourth-quarter 2024 earnings release, "In addition to the Launch Edition aircraft, Archer also plans to provide ADA with a team of pilots, technicians and engineers to support the initial operational ramp, helping ensure a safe and efficient deployment." Basically, Archer Aviation will be running the show at the start as it teaches Abu Dhabi Aviation how to use its aircraft. There are a couple of big things to look for. First, investors will want to make sure the service gets up and running. This is a first-of-its-kind effort, so there is a chance that it will be harder to do than Archer Aviation believes. Second, you will want to see whether there's a sustainable demand for air taxis. Once again, this has never been done before, and whether people will want to pay for an air taxi is unclear. Third -- and this one could be the most important -- Archer Aviation is using the start-up process as a template for future expansion. Wall Street will want to pay close attention to the lessons the company learns along the way and how they will inform its future plans. That notably includes Archer Aviation's own plans to build an air taxi service in the United States. Investors will know a lot more about Archer Aviation in a year It is highly unlikely that Archer Aviation will be a profitable company one year from now. But that won't mean it hasn't achieved a great deal with its business. In fact, if you are an aggressive growth investor interested in Archer Aviation, the next year could be a pivotal turning point for the company. And a huge amount will depend on getting the Abu Dhabi air taxi service up and running. If that happens successfully, the future could be up, up, and away for Archer Aviation. Should you invest $1,000 in Archer Aviation right now? 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Gulf Today
29-03-2025
- Business
- Gulf Today
Abu Dhabi signs deal to deploy world's first midnight air taxi
Abu Dhabi Aviation Group (ADA) has signed a strategic Memorandum of Understanding (MoU) with Archer Aviation (NYSE: ACHR) to deploy the first fleet of its Midnight electric vertical take-off and landing (eVTOL) aircraft globally, starting this year. This initiative is part of Archer's global, "Launch Edition", which was launched from Abu Dhabi in partnership with ADA to establish an initial fleet in coordination with the UAE General Civil Aviation Authority (GCAA) to safely deploy air taxi services in the region. Archer's goal is to transform urban travel, replacing 60–90-minute commutes by car with an estimated 10 to 20-minute electric air taxi flights that are safe, sustainable, and low noise. Archer's Midnight is a piloted, four-passenger aircraft designed to perform back-to-back flights with minimal charge time between flights. As part of the agreement, both parties will collaborate in establishing a framework that will allow Archer to establish a pragmatic and repeatable playbook to deploy Midnight commercially in multiple early adopter markets, build operational expertise, generate revenue and continue to strengthen long-term demand. Beyond deploying the aircraft, Archer will provide ADA with a team of experienced pilots, technicians, and engineers to support the initial operational ramp-up, ensuring a safe and efficient deployment. Additionally, Archer plans to offer an integrated software infrastructure, including a booking application, to support UAM operations. The MoU signing took place during an official ceremony attended by H.E. Nader Al Hammadi, Chairman of Abu Dhabi Aviation, and H.E. Badr Al Olama, Director General of the Abu Dhabi Investment Office (ADIO). During the event, Abu Dhabi Aviation announced its intention to fund the deployment of Midnight, making it the first operator of electric air taxis in the region. Nader Al Hammadi, Chairman of Abu Dhabi Aviation, stated: 'We have been observing the advancements in eVTOL technology for years, and we are proud to partner with Archer to bring this innovation to the UAE. As a leading force in the aviation industry across the region and the largest helicopter operator in the Middle East, Abu Dhabi Aviation has the expertise to develop a scalable urban air mobility service. We are excited to lead the way in launching the region's electric air taxi service, starting right here in Abu Dhabi.' 'The unveiling of Launch Edition marks the beginning of the next chapter for Archer. This is how we'll bring Midnight from the manufacturing line to our first customers—and it's a playbook we'll run repeatedly as we scale our operations globally. Thank you to Abu Dhabi Aviation for being our first Launch Edition customer. We have a big year ahead,' said Adam Goldstein, CEO and founder of Archer. Ends
