Archer Aviation Inc.

ACHR

US03945R1023

Aerospace & Defense

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
4.02 ^USD	+1.01%		+10.14%	-34.53%

Apr. 25	Archer Aviation Inc. Signs Framework Agreement for Multi-Hundred-Million Dollars to Accelerate Commercial Air Taxi Operations Across UAE	CI
Apr. 19	Archer Aviation aims to start electric air taxi trials in India next year	RE

Archer Aviation Inc. Reports Earnings Results for the Full Year Ended December 31, 2023

February 26, 2024 at 04:04 pm EST

Archer Aviation Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported net loss was USD 457.9 million compared to USD 317.3 million a year ago. Basic loss per share from continuing operations was USD 1.69 compared to USD 1.32 a year ago.

Latest news about Archer Aviation Inc.

Archer Aviation Inc. Signs Framework Agreement for Multi-Hundred-Million Dollars to Accelerate Commercial Air Taxi Operations Across UAE	Apr. 25	CI
Archer Aviation aims to start electric air taxi trials in India next year	Apr. 19	RE
ARCHER AVIATION CEO SAYS COMPANY WILL START PRODUCTION OF AIR TA…	Apr. 19	RE
ARCHER AVIATION AIMS TO BEGIN AIR TAXI TRIALS IN INDIA NEXT YEAR…	Apr. 19	RE
Archer Aviation Inc. Announces Executive Appointments	Apr. 18	CI
Archer Aviation Inc. Announces Executive Changes	Mar. 29	CI
Archer Aviation Inc. Completes Multiple Battery Pack Drop Tests	Mar. 28	CI
European Equities Close Mostly Lower on Monday; Euro Area, EU Inflation Decline	Mar. 18	MT
Stellantis Boosts Stake in NYSE-listed Archer Aviation	Mar. 18	MT
Stellantis Recently Completes Purchases of 8.3M Shares of Archer Aviation	Mar. 18	DJ
Transcript : Archer Aviation Inc. Presents at J.P. Morgan 2024 Industrials Conference, Mar-12-2024 02:50 PM	Mar. 12
Archer Aviation to Develop 'Flying Car' Network in UAE With Falcon Aviation; Shares Rise	Mar. 11	MT
Archer and Falcon Aviation to Jointly Develop Vertiport Network in Dubai and Abu Dhabi for the Launch of Flying Car Operations in UAE as Soon as 2025	Mar. 11	CI
Archer Aviation Q4 Net Loss Widens; Shares Drop	Feb. 26	MT
Transcript : Archer Aviation Inc., Q4 2023 Earnings Call, Feb 26, 2024	Feb. 26
Archer Aviation Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 26	CI
Archer Aviation Starts Construction of First 3 Midnight Aircraft	Feb. 07	MT
Archer Aviation Wraps Phase 1 Test of 'Midnight' Air Taxi	Jan. 31	MT
Archer Aviation Inc.'s Midnight Aircraft Successfully Completes Phase 1 of Flight Test Program as Company Continues to Advance Towards FAA Certification	Jan. 31	CI
Archer Aviation, NASA Working Together on Battery System for Space Applications; Shares Rise	Jan. 22	MT
Archer Aviation and Nasa Sign Space Act Agreement to Collaborate on Mission-Critical Evtol Aircraft Technologies	Jan. 22	CI
Archer Aviation Inc. Announces Executive Appointments	Jan. 19	CI
Archer Aviation Signs Electric Aircraft Operations MOU With Atlantic Aviation	Jan. 17	MT
Atlantic Aviation and Archer Aviation Align to Pursue Development of Electric Aircraft Infrastructure Across La, Northern California, South Florida, and Nyc Regions	Jan. 17	CI
Archer Aviation Insider Sold Shares Worth $943,296, According to a Recent SEC Filing	Jan. 04	MT

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Company Profile

Archer Aviation Inc. is an aerospace company. The Company is engaged in designing and developing electric vertical takeoff and landing (eVTOL) aircraft for use in urban air mobility (UAM) networks. The Companyâs eVTOL aircraft are designed to be safe, sustainable, and quiet. Its production aircraft, Midnight, is designed around its proprietary 12-tilt-6 aircraft configuration. Midnight is designed to carry four passengers plus a pilot optimized for back-to-back short distance trips of around 20-miles, with minimal charging time between trips. It intends to operate two complementary lines of business: a direct-to-consumer aerial ride share service (Archer UAM) and the sale of its aircraft to other operators (Archer Direct). Midnight is the evolution of its demonstrator eVTOL aircraft, Maker, which through its flight test program has helped validate its proprietary 12-tilt-6 aircraft configuration and certain key enabling technologies.

Sector

Aerospace & Defense

Calendar

2024-05-09 - Q1 2024 Earnings Release

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

4.02 USD

Average target price

9.357 USD

Spread / Average Target

+132.76%

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