JP Morgan initiated coverage of Archer Aviation with a rating of Overweight and set a new price target of $7.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/10/2025 | $6.00 → $9.00 | Overweight → Neutral | Analyst |
| 11/19/2024 | $11.00 | Buy | Needham |
| 9/3/2024 | $12.50 | Buy | H.C. Wainwright |
| 6/9/2023 | $9.00 | Buy | Canaccord Genuity |
| 7/27/2022 | $8.00 | Outperform | Raymond James |
| 4/28/2022 | $7.00 | Overweight | JP Morgan |
| 4/11/2022 | $10.00 | Buy | Deutsche Bank |
| 11/30/2021 | $14.00 | Overweight | Cantor Fitzgerald |
Earlier this week Archer received the certificate of occupancy for its ~400,000 square foot aircraft manufacturing facility—referred to as ARC—in Covington, GA and held a commemorative ribbon cutting ceremony Tooling load-in is already underway ahead of the planned start of initial production beginning in early 2025, with the goal being to ramp production to a rate of two aircraft per month by the end of the year Stellantis and Archer are working to finalize an agreement pursuant to which Stellantis would work with Archer as its exclusive contract manufacturer to mass produce Archer's Midnight eVTOL aircraft at this facility, contributing capital, advanced manufacturing technology an
Anduril Industries Inc. ("Anduril") and Archer Aviation Inc. ("Archer") announced today that they have entered into an exclusive agreement to jointly develop a next-generation aircraft for defense applications. The companies' first product from this partnership is planned to be a hybrid-propulsion, vertical-take-off-and landing ("VTOL") aircraft that will target a potential program of record from the United States Department of Defense ("DOD") To help fund Archer Defense and for other general corporate purposes, Archer raised $430M in additional equity capital today, further solidifying Archer's financial position, with participation from longtime strategic partners Stellantis and Un
The partnership brings together key entities across the aviation sector in Abu Dhabi, with Archer Aviation Inc. (‘Archer') serving as the primary eVTOL aircraft manufacturer for the Emirate's planned electric air taxi operations Agreement positions Archer as the first in Abu Dhabi to establish manufacturing capabilities Abu Dhabi Investment Office (ADIO) to facilitate the safe launch of commercial eVTOL operations in Abu Dhabi as soon as possible The UAE General Civil Aviation Authority (GCAA) has been working closely with the key stakeholders—most recently through a week-long certification workshop at Archer's headquarters and flight test facility Archer Aviation Inc. (NYSE:AC
4 - Archer Aviation Inc. (0001824502) (Issuer)
4 - Archer Aviation Inc. (0001824502) (Issuer)
4 - Archer Aviation Inc. (0001824502) (Issuer)
Archer and Signature recently signed a memorandum of understanding (MOU) identifying initial day one opportunities for launching air taxi services including in key United Airlines hubs at Newark International (EWR) and Chicago O'Hare (ORD) Airports, as early as the end of 2025. The MOU anticipates that the parties will electrify Signature's industry-leading network of private aviation terminals, giving Archer access to takeoff and landing sites in major metropolitan areas across the U.S. and globally, including New York, Los Angeles, San Francisco Bay Area, and Texas. Archer and Signature plan to install BETA's UL-Certified CCS rapid charging systems endorsed by General Aviation Manu
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Oct. 03, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Archer Aviation, Inc. ("Archer" or the "Company") (NYSE:ACHR) investors that a lawsuit filed on behalf of investors that purchased Archer securities between September 17, 2021 and August 15, 2023, inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options
Dr. Michael Romanowski Will Align Archer's Objectives with Emerging Policy and Regulations Archer Aviation Inc. (NYSE:ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced the appointment of Dr. Michael Romanowski as Head of Government Relations. In his role, Romanowski will collaborate with regulatory authorities and industry to form a forward-leaning position on policy, process and global certification expectations. "My career has been dedicated to improving safety. The safe advancement and implementation of emerging aerospace technologies is one of the best ways to continue to improve safety and bring lasting benefits to the American public," said D
SCHEDULE 13G/A - Archer Aviation Inc. (0001824502) (Subject)
8-K - Archer Aviation Inc. (0001824502) (Filer)
8-K - Archer Aviation Inc. (0001824502) (Filer)
Manufacturing facility set for completion in the coming weeks, focus going into 2025 is on building piloted, type-design aircraft for use in testing and early commercial deployment Nearing completion of Phase 3 of the FAA's type certification process while continuing to rapidly advance Phase 4, the final phase to secure type certification Established a consortium led by the Abu Dhabi Investment Office (ADIO) to launch commercial air taxi services in the UAE as early as Q4'25 Signed partnership with Japan Airlines and Sumitomo Corporation's joint venture, Soracle, with a planned order of up to $500M of Midnight aircraft, bringing Archer's indicative order book to $6B+* Archer Aviati
Archer Aviation Inc. (NYSE:ACHR) will report its third quarter 2024 operating update and financial results after market close on Thursday, November 7, 2024. The company will host a conference call and corresponding live webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its operating update and financial results. Webcast Information: To access the live webcast, visit the Archer investor relations website at investors.archer.com. Conference Call Information: To listen to the conference call, dial +1 404-975-4839 (domestic) or +1 833-470-1428 (international), and enter the access code 286379. A replay of the webcast will be available on the Archer investor relations we
Archer Announces Second Quarter 2024 Financial and Operating Results Reached agreement in principle on key terms of contract manufacturing relationship with Stellantis1. Stellantis to contribute up to ~$400M to help scale Archer's Midnight manufacturing to 650 aircraft annually through an obligation to cover manufacturing labor costs as well as certain capital expenditures at Archer's Georgia manufacturing facility through 2030. This is in addition to Stellantis' investment in today's equity capital raise, which is incremental to their $55M equity investment in Archer last month. Secured $230M in additional equity capital since the end of Q2. This new equity capital comes from strateg
Analyst downgraded Archer Aviation from Overweight to Neutral and set a new price target of $9.00 from $6.00 previously
Needham initiated coverage of Archer Aviation with a rating of Buy and set a new price target of $11.00
H.C. Wainwright initiated coverage of Archer Aviation with a rating of Buy and set a new price target of $12.50
SC 13D/A - Archer Aviation Inc. (0001824502) (Subject)
SC 13G/A - Archer Aviation Inc. (0001824502) (Subject)
SC 13G/A - Archer Aviation Inc. (0001824502) (Subject)
4 - Archer Aviation Inc. (0001824502) (Issuer)
4 - Archer Aviation Inc. (0001824502) (Issuer)
4 - Archer Aviation Inc. (0001824502) (Issuer)