Why Archer Aviation Rallied This Week [Yahoo! Finance]
Archer Aviation Inc. Class A (ACHR)
Company Research
Source: Yahoo! Finance
Archer is an electric vertical takeoff and landing (eVTOL) taxi company that is pre-revenue, and was a darling of the pandemic bubble. Shares have seen been severely beaten-down, and were recently down about 80% below their highs reached shortly after their public debut in September 2021, when Archer went public via a special purpose acquisition company (SPAC) Are You Missing The Morning Scoop? Breakfast News delivers it all in a quick, Foolish, and free daily newsletter. Sign Up For Free » However, Archer and rival Joby Aviation rallied hard this week after an analyst painted a rosy picture for these two eVTOL stocks. On Tuesday, Needham & Co. analyst Chris Pierce launched coverage on both Archer and Joby, giving both buy ratings, with Pierce giving Joby 30% upside and Archer 100% upside. Needless to say, that big potential upside is what propelled Archer so much higher this week off depressed levels. Pierce's reasoning is that U.S. regulators at the Federal Aviation Adminis
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News
- Thinking of Buying Archer Aviation Stock? 3 Things You Should Know [Yahoo! Finance]Yahoo! Finance
- Should You Buy Archer Aviation Stock While It's Below $9? [Yahoo! Finance]Yahoo! Finance
- Archer Aviation Stock Has 133% Upside, According to 1 Wall Street Analyst [Yahoo! Finance]Yahoo! Finance
- Needham initiates coverage on Joby, Archer Aviation [Yahoo! Finance]Yahoo! Finance
- Why Archer Aviation Stock Is Soaring Today [Yahoo! Finance]Yahoo! Finance
ACHR
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 144
- 11/20/24 - Form 144
- ACHR's page on the SEC website