Reported about 12 hours ago
Archer Aviation (ACHR) is collaborating with the FAA and other international partners to advance the rollout of electric vertical takeoff and landing (eVTOL) aircraft, marking significant progress for the company. At the Paris Air Show, CEO Adam Goldstein announced a coalition with nations including the U.K. and Australia, aiming for a unified certification process. Despite recent financial losses, Archer's stock has surged over 220% in the past year, supported by strong commercial relationships and upcoming aircraft deliveries. Analysts rate ACHR stock as a 'Moderate Buy' with a price target suggesting potential gains.
Source: YAHOO