Archer Aviation Stock Prediction: Archer Aviation is a leading electric vertical takeoff and landing (eVTOL) aircraft manufacturer. After the company went public on NASDAQ in 2021, investors are interested to see how its stock prices will progress in the near future. There’s no shortage of tips and suggestions as to where Archer’s stocks are likely to go this year.
Here we’ll discuss our own prediction for Archer’s stock performance over the next twelve months and examine what criteria can be used to make informed decisions about investing or trading in the eVTOL sector.
Archer Aviation “ACHR” stocks are currently being traded at 2.72 USD. Analysts expect that its share prices would reach 4.59 USD by 2026 and have given its stocks a consensus rating of BUY.
Read on for our more detailed analysis of the same.
Contents
About Archer Aviation
Archer Aviation is a leading American company in the field of electric vertical takeoff and landing (eVTOL) aircraft. With headquarters in San Jose, California, Archer is working to revolutionize the aviation industry by bringing cutting-edge technology to the skies.
The company’s eVTOL aircraft are designed for air taxi services, allowing for the transportation of people within and around cities with a range of up to 100 miles and speeds of up to 150 mph. This technology is a game-changer for urban mobility, providing a fast and convenient mode of transportation that can help to reduce traffic congestion and improve air quality.
United Airlines, a major player in the aviation industry, has placed an order for 200 Archer planes, and in August 2022, paid a $10 million deposit for 100 of these electric flying taxis. This is a clear indication of the growing interest and confidence in the technology being developed by Archer.
Recently, Archer unveiled details of its production vehicle, the “Midnight“, which is a piloted, four-passenger air taxi. The company has stated that it will enter flight testing in the second quarter of 2023 and is expected to begin service by 2025. The Midnight is designed to carry passengers on short hops, such as 20-mile beeline routes between airports and downtown centers.
Archer Aviation is a leading company in the field of eVTOL aircraft, and its technology has the potential to revolutionize urban mobility. With the support of major players like United Airlines, and the company’s commitment to bringing cutting-edge technology to the skies, the future of air transportation looks bright.
Financial Data And Performance
Market Capital | 661.762M |
Enterprise Value | 189.18M |
Shares Outstanding | 177.69M |
Float | 134.57M |
EPS (TTM) | 0.4200 |
PE Ratio (TTM) | 6.48 |
52 Week Range | 1.6200 – 5.2400 |
200-Day Moving Average | 2.9962 |
Volume | 1,809,857 |
Avg. Volume | 1,818,503 |
Trailing P/E | 7.33 |
Forward P/E | N/A |
EBITDA | -272.5M |
Profitability
Profit Margin | 0.00% |
Operating Margin (ttm) | 0.00% |
Cash Flow Statement
Operating Cash Flow (ttm) | -182.1M |
Levered Free Cash Flow (ttm) | -82.66M |
Archer Aviation Stock Forecasts 2023- 2026
Archer Aviation Stock Prediction 2023
The current value of Archer Aviation (ACHR) stocks is 2.72 USD. By the end of this year, analysts predict that the weighted average stock price will be 2.69 USD, with the lowest expected price target being 2.49 USD while the highest is 2.90 USD. For this time frame, it is anticipated that negative tendencies would rule. The monthly expected price volatility is 14.264% for the period.
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Archer Aviation Stock Prediction 2024
Analysts forecast that by the end of 2024, the weighted average stock price will be 3.21 USD, with the lowest and highest predicted price targets being 3.06 USD and 3.41 USD, respectively. It is anticipated that negative tendencies will predominate throughout this time. For the time period, the anticipated monthly price volatility is 10.256%.
Archer Aviation Stock Prediction 2025
The weighted average stock price is expected to be 4.65 USD by the end of 2025, with the lowest and highest anticipated price targets being 4.26 USD and 5.13 USD, respectively. It is projected that throughout this period, positive tendencies will predominate. The projected monthly price volatility for the time period is 16.957%.
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Archer Aviation Stock Prediction 2026
By the end of 2026, analysts believe that the weighted average stock price will be $4.59 USD, with the lowest and highest predicted price targets being $4.10 USD and $4.82 USD, respectively. It is projected that throughout this period, positive tendencies would predominate. The projected monthly price volatility for the period is 14.939%.
Is Archer Aviation A Good Stock To Buy?
Archer Aviation is an aerospace company that has gained attention for its focus on electric vertical takeoff and landing (eVTOL) aircraft. As of February 08, 2023, the company has a market capitalization of $693.4 million and is ranked in the 58th percentile of companies in the Aerospace & Defense industry.
Based on analyst ratings, the consensus is that Archer Aviation is a Moderate Buy.
However, it is important to note that there have only been 2 Wall Street analysts providing price targets for the company in the last 3 months. The average price target is $3.50, representing a 28.68% increase from its last price of $2.72.
One of the factors to consider when assessing a stock’s potential is its earnings. Unfortunately, Archer Aviation has not been generating positive earnings over the last 12 trailing months, making it difficult to calculate a meaningful price-to-earnings (P/E) ratio. Additionally, the company’s revenue has been negligible and its profit margin is negative.
While the company does not currently pay a dividend, it is worth keeping an eye on its performance and growth as it is focused on a promising area of the aerospace industry with the potential for future revenue and earnings growth. As with any stock, it is important to perform thorough research and consider multiple factors before making an investment decision.
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Conclusion
We believe that Archer Aviation offers a good investment opportunity as the electric vertical takeoff and landing (eVTOL) market is expected to grow significantly in the coming years. The company has strong partnerships with major players in the aviation industry, which gives it a competitive edge.
Although there are some risks associated with investing in Archer Aviation, we believe that these are outweighed by the potential upside. ACHR stocks are on the rise, and we believe Archer will continue to see growth in the coming months. Thanks for reading, and be sure to check back soon for more stock predictions.