Archer Aviation Inc (ACHR) is a pioneering player in the urban air mobility sector, focusing on the design and development of electric vertical takeoff and landing (eVTOL) aircraft that aim to transform metropolitan transportation. Committed to sustainability, Archer addresses the burgeoning demand for environmentally friendly commuting solutions and leverages strategic partnerships to enhance its technological capabilities. The company is progressing toward the commercial launch of its innovative air taxi services, solidifying its position within the expanding personal air mobility market. As urban congestion continues to escalate, Archer is poised to significantly impact the future of urban transportation, making it an intriguing investment opportunity.
| Revenue (TTM) | $6.90M |
| Gross Profit (TTM) | $1.00M |
| EBITDA | $-905.80M |
| Operating Margin | -5514.00% |
| Return on Equity | -44.50% |
| Return on Assets | -28.10% |
| Revenue/Share (TTM) | $0.01 |
| Book Value | $2.46 |
| Price-to-Book | 1.68 |
| Price-to-Sales (TTM) | 431.88 |
| EV/Revenue | 252.93 |
| EV/EBITDA | -0.39 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | 0.00% |
| Shares Outstanding | $770.03M |
| Float | $653.13M |
| % Insiders | 14.73% |
| % Institutions | 50.75% |
Volatility is currently expanding
ACHR's Q3 earnings approach amid widening loss estimates, Midnight air taxi progress and a 56.4% stock decline, highlighting risks and growth potential.
A record quarter at the Blade passenger business is lifting Joby Aviation (NYSE:JOBY | JOBY Price Prediction) as the electric air taxi developer pushes into the final stage of federal certification. Joby stock is at $5.
Archer trades about 60% lower since last year. If the company's eVTOL business becomes successful, it could unlock an enormous growth opportunity.
Archer Aviation went public on Sept. 17, 2021, after a business combination with a SPAC.
In mid-October, Tesla demonstrated a flying Roadster. Tesla's flying Roadster is not approved for road use, while Archer is deep within the FAA type certification process.
Beta is the first eVTOL maker in the U.S. to get an airworthiness certificate for market surveys from the FAA. Beta doesn't want to operate an air taxi service.
The viability of Archer and Joby's commercial eVTOL aircraft businesses remains unproven. Archer appears to be behind Joby in terms of viable commercial eVTOL aircraft, which makes its defense pivot more important.
Both Archer Aviation and Joby Aviation have long planned to operate air taxis in the UAE. The UAE is working closely with both companies to get their services up and running, as highlighted by recent regulatory inspections.
Archer's acquisition of Boeing subsidiaries could change its financial picture. The air-taxi maker will likely report heavy losses in the third quarter.
SILICON VALLEY & ROME--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR) and ITA Airways, member of the Lufthansa Group, Europe's largest airline group, announced today that they have signed an agreement to partner on an all-electric air taxi network in Italy. ITA Airways is Italy's flag carrier, serving more than 70 destinations worldwide as part of the Star Alliance network. Using Archer's Midnight aircraft, the partnership will look to deploy air taxi services in major cities across Italy.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on ACHR and any ticker you trade — then tracks every position and per-strategy win rate.
