Stock Price & Analysis

Based on the provided data and recent market activity, here's a comprehensive analysis of ACHR stock:

Technical Analysis

The stock is currently showing signs of weakness after a significant rally. ACHR closed at $8.82 on Friday (Jan 17, 2025) with a -2.97% decline during regular trading hours. The stock has formed a bearish engulfing pattern at its recent peak, indicating a potential trend reversal. Key support levels are identified at $6.10 and $4.80, while resistance levels exist at $8.30 and $9.70.

Fundamental Analysis

The company remains in development stage with:

• No revenue generation
• Significant cash burn rate
• $501.7 million in cash reserves
• $6 billion order backlog

Recent Developments

1. Manufacturing Facility Progress:

• Near completion and ready for piloted aircraft production
• Strategic partnership with Stellantis providing $400 million commitment

2. Market Sentiment:

• JPMorgan recently downgraded to Hold from Buy
• Price target raised to $9 from $6
• Canaccord Genuity maintains Buy rating with $14 target

Investment Recommendation

SELL recommendation based on:

1. Technical weakness: Formation of bearish engulfing pattern and breakdown from uptrend
2. Valuation concerns: $4 billion market cap with no revenue
3. High short interest: 24.6% of float
4. Binary risk: Success heavily dependent on FAA certification

While long-term potential exists in the eVTOL market, current valuation appears stretched given the company's pre-revenue status and significant execution risks.

Based on recent data and analyst reports, ACHR stock is projected to reach $11.38 by end of 2025, representing a 28% upside from current price of $8.92, driven by expected commercial flight operations launch and defense contracts through Anduril partnership. JPMorgan recently downgraded the stock to Hold with $9 price target, citing valuation concerns after the recent rally. However, Canaccord maintains a more bullish $14 target based on progress toward FAA certification.

The stock faces near-term headwinds with high short interest at 24.6% of float, but long-term catalysts include potential defense contracts and commercial operations starting in 2025.

The S1 support level for ACHR Stock is $8.26 ,The R1 resistant level for ACHR Stock is $10.24.

As of the end of day on 2025-01-24, the price of ACHR Stock was $10.01.

The target price for ACHR Stock according to analyst rating is 11.38, with the highest price target at 15.00 and the lowest at 4.50. Analysts have a Strong Buy rating on ACHR Stock overall.

The market cap of ACHR is $4.9B.

Based on the provided data and recent market activity, ACHR appears overvalued at current levels. The company has zero revenue while incurring significant quarterly net losses (-$115.3M in Q3 2024). Despite having a $6B order backlog, the $4B market capitalization seems excessive for a pre-revenue company burning hundreds of millions in cash annually. The stock's recent 167% surge over three months appears driven more by speculation than fundamentals. JPMorgan recently downgraded ACHR to Hold from Buy, noting shares are trading as though certification has already been achieved when the outcome remains largely binary. While the company has promising technology and partnerships, including a recent deal with Anduril Industries, the current valuation prices in significant execution with little margin for error.

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 Company’s 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.

Based on the provided data and recent market developments, here's a comprehensive analysis for ACHR's price prediction in 2030:

Technical Analysis and Current Trend

Price Prediction Analysis

ACHR's stock is expected to reach approximately $25-30 by 2030, driven by three key factors:

1. The eVTOL market commercialization: Archer Aviation is positioned to begin commercial operations in 2025, with a substantial $6 billion order backlog indicating strong market demand.

2. Strategic partnerships: The company's collaboration with Anduril for defense contracts and potential inclusion in a defense-tech consortium could significantly expand its revenue streams beyond commercial aviation.

3. Regulatory environment: The incoming Trump administration is expected to create a more favorable regulatory climate for eVTOL certification, potentially accelerating market entry and expansion.

Risk Factors

However, there are significant risks to consider:

• Current valuation concerns: JPMorgan recently downgraded ACHR due to its high valuation after a 168% rally in three months
• No current revenue generation with substantial cash burn ($415 million in free cash flow over last 12 months)
• Regulatory approval uncertainty: Success heavily depends on securing FAA type certification

ACHR has a total of 578 employees.