Latest news with #Midnight
New York Post
7 minutes ago
- New York Post
Leave your phone behind with this all-in-one Apple Watch
Discover startups, services, products and more from our partner StackCommerce. New York Post edits this content, and may be compensated and/or receive an affiliate commission if you buy through our links. TL;DR: This refurbished Apple Watch is $154.99 and features a bigger screen, fast charging, full keyboard, and fitness tools. If you've ever tried replying to a text on your watch and ended up sending it to your boss instead of your best friend, it might be time for an upgrade. The Apple Watch Series 7 finally makes the smartwatch keyboard dream a reality with a bigger, brighter screen and full QWERTY texting that actually works. And right now, you can grab a refurbished GPS + Cellular model on sale for 69% off of its original price of $499 and get it for just $154.99. This is the 45mm aluminum version in sleek Midnight, and it's packed with perks. You get around 20% more screen area than the Series 6, but the footprint stays compact thanks to thinner borders and curved edges. That extra screen space means easier swiping, larger text, and enough room for Apple's QuickPath keyboard so you can type like a normal human instead of doing interpretive emoji dance. It's not just about looks, either. The Series 7 is built tougher with 50% thicker crack-resistant glass, IP6X dust protection, and WR50 water-resistance — meaning it can handle sweaty workouts, dishwashing, and spontaneous downpours like a champ. With its built-in cellular connectivity, you can make calls, stream music, get directions, and check notifications even when your phone's nowhere in sight. It's the perfect companion for jogs, commutes, or that one time you left your phone in a Lyft. You can also track your blood oxygen levels, check your heart rhythm with ECG, and even get fall detection alerts when cycling. WatchOS 8 is preinstalled and updatable all the way through watchOS 11, keeping the interface fresh and feature-rich with new faces, bigger buttons, and app upgrades. Battery life hits the standard 18 hours, but the real kicker is the charging speed — up to 80% in just 45 minutes using a USB-C fast charger. That means less time on the charger and more time on your wrist doing, well, everything. You'll get a 30-day warranty and a sport strap in the box. As a refurbished Grade B model, it may have minor cosmetic marks but is tested and fully functional. On sale for $154.99 (reg. $499), this refurbished Apple Watch Series 7 with GPS and cellular is your new secret, budget-friendly weapon. StackSocial prices subject to change.
Business Insider
15 hours ago
- Business
- Business Insider
Will Archer Aviation (ACHR) Launch Its eVTOL Service in 2025? Here's What We Know
'The road is long,' sang The Hollies. For Archer Aviation (ACHR), the runway may be even longer. Between bureaucracy and FAA certifications, pilot training, investor pressure, and aircraft testing, the company continues to push toward its goal of launching commercial electric vertical takeoff and landing (eVTOL) flights in 2025. 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. Archer Aviation is making progress, closing deals, expanding partnerships, and building infrastructure. However, the plan to launch commercial flights in 2025 is still a stretch. Also, not all investors and analysts are aligned on the timeline. So, what are the real chances of a commercial flight this year? FAA in No Rush Archer Aviation has said it plans to begin air taxi service by the end of 2025. Its first commercial flights are expected to take place outside the U.S., likely in the United Arab Emirates (UAE). In Abu Dhabi, the company completed flight tests and secured approvals for vertiport infrastructure. The first Midnight aircraft is set to arrive in the region later this year. In the U.S., Archer Aviation has made progress on pilot readiness. Its in-house training program received FAA Part 141 certification in February 2025. It already holds Part 135 and Part 145 certificates for operations and maintenance. These authorizations are required before passenger flights can begin. However, the company still needs full type certification for its aircraft. Without it, commercial flights in the U.S. cannot proceed. According to Archer Aviation, about 75% of the certification process is complete. FAA officials have kept expectations broad. In July 2025, the agency's acting administrator said certified aircraft may begin flying 'before the end of 2028.' That statement did not rule out a 2025 launch, but it signaled caution. Archer Aviation and other eVTOL developers are working within a new FAA framework for powered-lift aircraft, which is still evolving. A separate hurdle is agency staffing. Earlier this year, the Department of Government Efficiency (DOGE) implemented federal cuts that resulted in FAA layoffs. That slowdown has affected timelines for all new aircraft types. Given these constraints, Archer Aviation has made the UAE its lead market. The country's aviation regulator has supported the program and attended test flights. The company is working with Abu Dhabi Aviation as its operating partner. If commercial flights begin in 2025, they are expected to happen in the Middle East. Capital, Partners, and Pressure Financially, Archer Aviation is well-positioned. The company raised $850 million in July 2025, bringing its total liquidity to about $1 billion. The raise was aimed at funding final development, though it led to a 15% drop in the share price on the day of the announcement. The company also has more than $6 billion in potential aircraft orders. This includes a conditional purchase agreement with United Airlines (UAL) for over 100 Midnight aircraft, and a contract with the U.S. Department of Defense for logistics testing. Street analysts remain split. H.C. Wainwright's Amit Dayal has issued a positive rating and price target, based on a 2025 launch assumption. Other analysts are modeling revenue beginning in 2026 instead. In May 2025, short-seller Culper Research accused Archer Aviation of overstating progress on manufacturing and readiness. Archer rejected the claims. The report, however, reignited concerns about timelines and disclosure. On the positive side, Archer Aviation is set to serve as the official air taxi partner for the 2028 Los Angeles Olympics. That target implies commercial readiness by 2027, giving investors a longer horizon to assess progress. Upside and Risk Factors Some signs point to upside. Test flights have occurred in varied environments, including extreme heat in the UAE. The White House has also introduced a federal pilot program to support eVTOL integration. Archer Aviation is participating in the initiative. There are risks as well. Certification delays, supply chain issues, and flight test problems could push timelines. Pilot readiness is another factor. Although the company's training academy is certified, its first cohort of Midnight pilots is still in development. Simulation systems are also undergoing review. Conclusion Based on current conditions, Archer Aviation is unlikely to begin commercial eVTOL service in the U.S. by the end of 2025. FAA certification appears more likely to arrive in 2026. There is, however, a moderate chance the company could launch limited commercial flights in the UAE later this year. Even a limited start in 2025 would represent a milestone for Archer Aviation. However, if there are any delays in getting certified or starting flights, the company's value could take a hit, and analysts might change their outlook. So, maybe where Archer is going, it doesn't need roads, but it certainly needs FAA certifications. 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 $11.75. This implies a 15.31% upside from the current price.
Yahoo
2 days ago
- Business
- Yahoo
Archer or EHang: Which eVTOL Innovator is Ready to Lead the Skies?
As the push for cleaner, faster and smarter transportation gains momentum, the electric vertical takeoff and landing (eVTOL) industry is rapidly emerging as a key player in urban mobility. Among the notable names in this space are Archer Aviation Inc. (ACHR) and EHang Holdings Limited (EH), two innovative companies aiming to revolutionize short-distance travel by enabling people to move faster and avoid ground-level congestion. U.S.-based Archer Aviation is currently advancing toward Federal Aviation Administration certification for its flagship Midnight aircraft. The company plans to roll out commercial air taxi services by the end of 2025. Meanwhile, China-based EHang is taking a different route. The company is developing fully autonomous, pilotless eVTOL aircraft. EHang has already received the world's first type certification for an autonomous eVTOL from China's aviation authority, giving it a strong first-mover advantage in the autonomous flight market. With the global eVTOL market expected to grow rapidly in the coming years, investor interest in next-generation air mobility is on the rise. Archer and EHang have taken different approaches in terms of strategy, location and progress toward certification. This raises an important question for investors: Which eVTOL stock is better placed to take the lead? Let's explore further to find out. Key Takeaways for ACHR Recent Achievements: Archer Aviation has made solid progress in the eVTOL space through notable milestones, strategic collaborations and key agreements. In July 2025, the company began test flights of its Midnight aircraft in Abu Dhabi, marking a significant step toward launching commercial air taxi services in the UAE. In June, ACHR and Jetex joined hands to integrate Jetex's network of more than 40 private terminals across more than 30 countries into the former's planned air taxi operations. This will help Archer Aviation gain access to key infrastructure in global cities. In the same month, ACHR joined a five-country alliance announced by the U.S. Transportation Secretary and acting FAA Administrator. The initiative includes Japan, the United Kingdom, Canada, Australia and the United States, and aims to align certification processes for eVTOL aircraft across these markets. This development is expected to speed up Midnight's regulatory approvals and open up opportunities for international expansion. Financial Stability: Archer Aviation ended the first quarter of 2025 with $1.04 billion in cash and cash equivalents. The company had no current debt and reported long-term debt of $0.74 billion. This strong financial position gives Archer the flexibility to support its civil and defense business plans while continuing to invest in innovation and advanced technologies. Challenges to Note: While Archer Aviation holds strong short-term potential, its long-term success remains uncertain. The eVTOL industry is still in its early stages and Archer's ability to design, certify and scale production will largely depend on how the industry matures and how the demand for such aircraft develops over time. Factors like safety, noise and affordability could impact public acceptance and slow down widespread adoption. Another challenge is that Archer has yet to generate any revenues. Until the company begins commercial operations and establishes a reliable customer base, its ability to deliver sustainable long-term value remains uncertain. Key Takeaways for EH Recent Achievements: EHang has made strong progress in scaling its autonomous eVTOL operations and expanding its presence in China's low-altitude aviation sector. In July 2025, the company partnered with Tsinghua University to launch a joint institute focused on low-altitude aviation technology to strengthen research and development for urban air mobility solutions. In the same month, EHang signed a strategic agreement with Reignwood Aviation Group to promote integration between traditional general aviation and next-generation eVTOL aircraft. In June, EHang secured a purchase order for 50 units of its EH216-S eVTOL aircraft from Guizhou Scenic Tourism Development Co. Financial Stability: EHang ended the first quarter of 2025 with $154 million in cash and cash equivalents. It reported a long-term debt of nine million and a current debt of $15 million. This indicates a strong financial position, which could support the company to reliably fund its ongoing operations and future growth plans. Challenges to Note: While EHang has made significant strides in autonomous eVTOL development, several challenges remain. The company's aircraft are designed for fully autonomous operations, which adds complexity to regulatory approval and may slow international expansion. Adoption in global markets could be delayed as many countries are yet to establish clear rules for pilotless passenger flights. Another concern is that EHang's commercial operations are still limited in scale. Until the company demonstrates consistent revenue generation and expands beyond trial programs and regional deployments, its long-term growth potential remains uncertain. How do EPS Estimates Compare for ACHR & EH? The Zacks Consensus Estimate for Archer Aviation's 2025 loss per share implies a year-over-year improvement, while the same for 2026 suggests a deterioration. The stock's near-term bottom-line estimates have made no movement over the past 60 days. Image Source: Zacks Investment Research The Zacks Consensus Estimate for EHang Holdings' 2025 earnings per share implies a year-over-year deterioration, while the same for 2026 suggests an improvement. The stock's 2025 and 2026 bottom-line estimates have made no movement over the past 60 days. Image Source: Zacks Investment Research Stock Price Performance: ACHR vs EH ACHR has outperformed EH over the past year. Shares of ACHR gained 151.3% compared with shares of EH, which gained 56.4%. Image Source: Zacks Investment Research ACHR's Valuation More Attractive Than EH EH shares are expensive on a relative basis, with its trailing 12-month Price/Book (P/B TTM) being 11.30X compared with ACHR's P/B TTM of 6.09X. Image Source: Zacks Investment Research ACHR's Debt-to-Capital Ratio More Favorable Than EH ACHR has a total debt-to-capital ratio of 5.96%, which is significantly lower than EH's total debt-to-capital ratio of 15.57%. This indicates that ACHR maintains a more balanced capital structure and is less dependent on debt financing. Image Source: Zacks Investment Research ACHR's Prospects Brighter than EH For Now Both Archer Aviation and EHang are leading players in the growing eVTOL industry, with unique approaches to urban air mobility. However, Archer currently appears to have the edge over EH. ACHR offers a stronger financial position, lower debt-to-capital ratio and more attractive valuation, backed by its steady progress toward FAA certification and multiple strategic partnerships enhancing its global reach. On the other hand, although EHang leads in autonomous flight development and has made notable advances in China, regulatory complexities outside its home market raise concerns. Thus, for investors seeking exposure to the eVTOL space, ACHR's financial strength, international presence, outperformance at the bourses and less leverage make it a stronger player than EH, at present. Both ACHR and EH currently hold a Zacks Rank #3 (Hold). You can see the full list of today's Zacks Rank #1 (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report EHang Holdings Limited Unsponsored ADR (EH) : Free Stock Analysis Report Archer Aviation Inc. (ACHR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Globe and Mail
2 days ago
- Automotive
- Globe and Mail
Could Buying Archer Aviation Stock Today Set You Up for Life?
Key Points Archer Aviation is among the leaders in the disruptive eVTOL sector. The company plans to deliver its first Midnight vehicle this summer. The business is well capitalized with nearly $2 billion on the balance sheet after a recent follow-on offering. 10 stocks we like better than Archer Aviation › Archer Aviation (NYSE: ACHR) is one of a handful of companies pioneering one of the most disruptive innovations in transportation in generations. Archer is a development-stage manufacturer of electric vertical takeoff and landing (eVTOL) vehicles. These vehicles are similar to electric helicopters, but offer some advantages. They're much quieter than helicopters. They have multiple engines rather than a single engine, aiming to eliminate the single-point-of-failure problem in helicopters, and as EVs, they avoid the emissions of helicopters. Investors are clearly excited about Archer Aviation, as the stock has jumped 155% over the last year. It soared after the election, and it's continued to rise since then, even though the company has no revenue. Its market cap is now at $6.2 billion. Does this stock have what it takes to deliver life-changing returns? Let's take a closer look. Where Archer Aviation stands today Archer Aviation's premier vehicle is the Midnight, which comes with a price tag of $5 million and has secured customers like United Airlines, Abu Dhabi Aviation, and Ethiopian Airlines. The company describes Midnight as a proprietary distributed electric propulsion platform. It can carry four passengers and a pilot. Archer is developing two divisions: commercial and business. Its commercial division, which it calls Archer Direct, is built around an urban air taxi network. Archer envisions customers like United Airlines using its vehicles to ferry passengers from downtown heliports to local airports, saving the time it would typically take to commute by car. Archer also plans to provide its own direct-to-consumer aerial ride-share service, which would transport passengers around metro areas. Like drones, its vehicles are also seen as having applications in the military and defense industries. The company has partnered on projects with the Air Force since 2021, and it's also teamed up with Anduril, a defense start-up, to develop a hybrid-propulsion, vertical takeoff and landing aircraft. Commercialization appears to be coming soon as the company said in its first-quarter report that it was on track to deliver its first aircraft to the UAE soon. It also announced an AI partnership with Palantir, the high-flying defense tech company, to work on AI for new aviation technologies. Finally, it unveiled its plans for an air taxi network in New York City with United. Archer's financials With no revenue, we can't judge Archer based on conventional valuation metrics. However, we can examine its balance sheet and its cash burn. Archer finished the quarter with $1.03 billion in cash and only $203.3 million in total liabilities, showing the company is well-capitalized, and with a market cap of $6 billion right now, it should be able to raise more cash by selling equity without significantly diluting shareholders. The company raised an additional $850 million in June, giving it nearly $2 billion in liquidity. As for cash burn, it had a negative free cash flow of $104.6 million in the first quarter and a free cash flow loss of $450 million in 2024, showing that it would burn through the nearly $2 billion it has on the balance sheet in about four years. Can Archer Aviation help you retire early? At this point, high expectations are already baked into Archer Aviation's valuation, and the eVTOL industry more broadly, before Archer has even made a sale. It's possible that the new technology could be disruptive, but before investors bid the stock up further, they should question why helicopters haven't gained further adoption for things like the urban air taxi network that Archer hopes to create. Services like Blade already exist that provide just that, and they have not gone mainstream, likely because it is not cost-effective for most passengers to travel by helicopter. For example, Blade charges a base price of $195 per seat for a ride from Manhattan to JFK airport. Defense applications seem more promising for Archer, but the addressable market for its technology is still unclear and unproven. With any new technology, there is some possibility that it could be a breakthrough and a big winner for investors, but it's also worth remembering that the market is already frothy, and general bullish sentiment has already driven up stocks in emerging sectors like eVTOL and quantum computing. Archer Aviation does have the potential to be a big winner, but with a market cap of $6 billion, and the economics and air taxis appearing to be unfavorable, the chances of it being a disappointment are much greater than it setting you up for life. 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 $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% 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 28, 2025
Business Insider
3 days ago
- Automotive
- Business Insider
Why Archer Aviation's (ACHR) Legal Troubles Verify Warren Buffett's Philosophy
Archer Aviation Inc. (ACHR), a leading eVTOL aircraft manufacturer headquartered in California, saw its shares plunge 11% last week, followed by another 7% the next day, as investors feared the advancement of a shareholder lawsuit and the future of its partnership with Stellantis (STLA). 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. Famously attributed to Warren Buffett and often quoted by active traders, the saying goes: 'Be fearful when others are greedy, and greedy when others are fearful.' The adage seems to apply perfectly to what's happening with ACHR stock. I believe this irrational fear has created an opportunity for long-term investors after a thorough evaluation of Archer's manufacturing capabilities, regulatory environment, and the long-term demand environment for urban air mobility. I remain Bullish on Archer Aviation stock, despite the short-term legal uncertainty. Negative Headlines Are Mostly Noise My bullish outlook on Archer remains unchanged despite two recent negative headlines that briefly weighed on market sentiment. While a shareholder lawsuit in Delaware has been cleared to proceed to the next stage, I believe this legal development poses minimal risk to the company's core operations in the medium to long term. The lawsuit alleges that Archer misled investors with overly optimistic timelines and inaccurate claims about its technological advancements. However, over the past few years, Archer has consistently demonstrated the technological edge of its flagship eVTOL, Midnight—effectively countering much of the skepticism. I see this litigation as largely immaterial in the long run. Concerns about Stellantis potentially severing ties with Archer also appear overstated. Although Stellantis recently abandoned its hydrogen vehicle program following a disappointing earnings report, this move reflects a reallocation of resources toward its core automotive business—not a shift in its commitment to Archer. The partnership with Archer is a key part of Stellantis's broader strategy to diversify into the high-growth advanced air mobility market. Walking away now would undermine years of investment and strategic positioning. In short, I view both developments as short-term noise rather than indicators of any structural weakness in Archer's long-term trajectory. Commercialization is No Longer Decades Away My bullish outlook on Archer Aviation is grounded in the belief that the company is on a clear path toward securing full FAA certification, a critical milestone that would allow it to launch commercial operations. While Archer remains a pre-revenue company and continues to post significant cash outflows— $94.6 million in Q1 alone and an average of roughly $84 million per quarter over the last nine quarters—I believe the prospect of regulatory approval meaningfully reduces long-term business risk. According to recent filings, Archer has entered the fourth and final stage of the FAA's certification process, having successfully completed the first three. If progress continues as planned, the company expects to obtain full certification by the end of this year. Importantly, there are strong indications that U.S. regulators are supportive of both eVTOLs and the broader urban air mobility sector. The FAA's creation of a new aircraft category specifically for certifying Archer's Midnight model reflects a flexible, forward-thinking approach to regulation. Additionally, the agency's ongoing collaboration with eVTOL manufacturers to establish safety standards signals a clear commitment to enabling commercialization. These regulatory tailwinds reinforce my confidence in Archer's long-term potential, even in the face of short-term financial challenges. Archer is Well-Positioned to Tap Into a Multi-Billion-Dollar Opportunity My long-term optimism about Archer Aviation's profitability is rooted in the vast market opportunity the company is targeting. According to Mordor Intelligence, the eVTOL aircraft market is projected to reach $1.19 billion by the end of this year and grow at an impressive CAGR of around 30%, hitting $4.36 billion by 2030. Key growth drivers include a favorable regulatory landscape, advances in battery energy density, and the urgent need for alternative mobility solutions as global airports approach maximum capacity. The broader urban air mobility market further highlights the scale of Archer's potential. Currently valued at $5 billion, this market is expected to expand at a 19% CAGR, reaching $70 billion by 2040. These long-term projections underscore the significant runway ahead for Archer as a first mover in the space. I'm also encouraged by Archer's strong cash position, which totaled just over $1 billion at the end of Q1. Management has highlighted this as the largest cash reserve in the industry, providing the company with a meaningful buffer to navigate regulatory hurdles and sustain operations through the pre-commercialization phase. This financial strength positions Archer well to capitalize on market growth and execute its long-term vision. What is the Future of ACHR? On Wall Street, ACHR stock carries a Moderate Buy consensus rating based on four Buy, two Hold, and zero Sell ratings over the past three months. ACHR's average stock price target of $11.75 implies almost 5% upside potential over the next twelve months. While current analyst estimates suggest limited near-term upside, I believe those projections are likely to shift meaningfully once Archer secures full FAA certification. At this stage, many analysts remain conservative due to the company's pre-revenue status. However, considering Archer's steady progress through the FAA certification process, the strong long-term demand outlook for the urban air mobility sector, and Archer's clear leadership position within the industry, I view the company as a compelling investment in the future of global transportation. Short-Term Noise, Long-Term Opportunity Archer Aviation shares have come under pressure following two negative headlines last week. However, a closer look reveals that the perceived risks are unlikely to have a meaningful impact on the company's long-term outlook. With a strong first-mover advantage in the urban air mobility space, Archer is well-positioned to capitalize on this emerging market—and I remain confidently Bullish on the company's ability to turn that opportunity into tangible long-term profitability. With market participants currently fearing ACHR's immediate future, now may be the time to adopt a bullish stance with a long-term view.
