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Archer Aviation Inc.

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ACHR trade ideas

ACHR - Flying Taxi Company - 28% Short FloatArcher Aviation Inc advances the benefits of sustainable air mobility. The company is engaged in designing and developing a fully electric vertical takeoff and landing eVTOL aircraft for use in UAM networks. It is creating an electric airline that moves people throughout cities in a quick, safe, sustainable, and cost-effective manner. Investment Summary Shares in Circulation: 57.922M Short Float: 28.25% Recent Development: Announcement of a planned San Francisco air mobility network has led to a significant stock surge. Technical Analysis Critical Range for Continuation: $3.80 - $4.00 Target Price (Take Profit): $7.00 Stop Loss: Set at under $2.90 Trading Strategy Entry Point: Monitor the critical range of $3.80 to $4.00. If the stock breaks above this range with strong volume, it might signal a continuation of the upward trend. Profit Target: Set your take profit at $7.00, considering the recent positive news and technical setup. Risk Management: Place a stop loss slightly below $2.90 to protect against significant losses if the stock reverses. Considerations Market Conditions: Keep an eye on the overall market conditions, as they can influence the stock's performance. Short Squeeze Potential: Given the high short float of 28%, there is potential for a short squeeze, which could drive the stock price higher rapidly. Chart Analysis Review the attached chart for detailed price trends and movements. Pay attention to key technical indicators such as moving averages, RSI, and MACD for further insights into the stock’s momentum and potential reversals. Trading Advisory Exercise caution and align your trading actions with your risk tolerance and market conditions. Conduct comprehensive research or consult with a financial advisor to tailor the strategy to your individual circumstances. Disclaimer This content is for informational purposes only and should not be considered financial advice. By following this strategic approach, you can potentially capitalize on the recent positive developments and technical signals for Archer Aviation (ACHR).
NYSE:ACHRLong
by meitshels_smell_trades
5
Archer Aviation Inc Archer Aviation Inc witnessed a strong rebound after forming a bottom at 3.33, to violate the resistance area 4.19 - 4.03. then the confirmation of this breakout by remaining above 4.19, will confirm shifting the trend to an uptrend, which will trigger further rises near 4.57 - 4.72 - 5.19 - 5.55. The stop-loss lies below 3.81. the indicators are heading towards the positive side, which confirms the mentioned positive scenario. The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.
NYSE:ACHRLong
by Gehad_Abouelela
ACHR for the long haulBased on the Fib chart, NYSE:ACHR is a newly company with a Market Cap at 1.2 billion already. This Company is on an innovation path for future transportation. I truly believe that this company is just getting started and the train is loading up before takeoff. I'm slowly investing in this company but will load up at certain prices. On the Fibonacci, we are at the lower spectrum or (discount zone). Once this gets moving, I have a feeling this company will take off like its Aircraft. This is my take on the Company, with Usher being the face of it. There is no way that this company doesn't become larger than it already is. Happy Trading everyone !!
NYSE:ACHRLong
by rc9257
3
The aviation industry is looking for its own TeslaI just now came across these two start ups working on EVTOLs (Electric vertical take-off and landing). One is ACHR (Archer Aviation - Archer Aviation ) backed up by $1 billion dollars from United Airlines, the second being JOBY (Joby Aviation - Joby Aviation ) Backed up by $400 million from Toyota and $60 Million from Delta Airlines. I wanted to see others thoughts on this as they are both still early in their start-up phases and, from my understanding, not much will happen until 2025-2028. I am relatively new to performing Fundamental Analysis and wanted to share what I found with everyone. ACHR is currently trading at $3.65 while JOBY is currently trading at $4.54. I've added links below to some articles from Yahoo Finance as reference. The aviation industry is looking for its own Tesla (Yahoo.com) Jetsons like travel in air taxis is as close as we've seen (Yahoo.com)
NYSE:ACHRLong
by maybethatguy
6
Update on ARCH (Elliot Wave and More Triangle Patterns)Hello Traders, We’ve been closely monitoring ARCH and have identified a triangle pattern forming. If the triangle breaks to the downside, we’ve identified possible support levels where price could potentially bounce back. First Support: The first support level is located at the golden pocket on the Fibonacci retracements, which is between 4.59 and 4.54. Second Support: If the price breaks below the first support, the next level to watch is at 4.36. This could serve as our secondary support. **The “golden pocket” is a term used in technical analysis, referring to the area between the 0.618 and 0.65 Fibonacci retracement levels. In Elliott Wave Theory, this area is significant because it’s often where the price retraces to during the second wave of an Elliott Wave sequence. This retracement provides a potential buying opportunity before the price resumes the trend in the third wave. The golden pocket’s importance lies in its potential predictive power for future price movements. It’s called the “golden” pocket due to its alignment with the Golden Ratio (0.618), a mathematical ratio found in nature and art that’s also significant in financial markets. Happy Trading! Check out my other posts btw
NYSE:ACHR
by scody159
ACHR - LONGSpeculative play, not a huge amount invested.. BUT.. "ACHR stock, paying up today for a (possible) big payoff tomorrow may just well be worth it. The commercialization stage is just around the corner. As Archer discussed in its latest investor presentation, the company is now in the final phase of obtaining certification from the Federal Aviation Administration for its flagship Midnight aircraft." Archer Aviation's next investor meeting is scheduled for the Raymond James 45th Annual Institutional Investor Conference in Orlando, FL, on March 12, 2024. In at this MACRO support, We will see if we can get a pump to the top of the trading range, 5.55 area target LVN.
NYSE:ACHRLong
by SPYDERMARKET
An Elliott Wave and Falling Wedge Pattern Analysis on ACHR StockWe’ve identified a potential Falling Wedge pattern forming on the ACHR chart. This pattern is often seen as a bullish reversal pattern, indicating a possible shift from a downtrend to an uptrend. Additionally, we are currently in the 4th wave of the Elliott Wave cycle, which is typically a retracement wave, with a 5th wave incoming. Pattern Details The Falling Wedge pattern consists of two converging trendlines, both slanted downwards, with the lower trendline steeper than the upper one. The price consolidates and moves within these trendlines towards the apex, before breaking out upward. Elliott Wave Analysis According to the Elliott Wave Theory, market trends move in a series of five waves. We believe that we are currently in the 4th wave, which is typically a retracement or consolidation wave after the strong 3rd wave. This aligns with the formation of the Falling Wedge pattern. The 5th wave, which is expected to be an upward move, could be on the horizon. Trading Strategy If the Falling Wedge pattern and the Elliott Wave analysis hold true, traders could consider going long upon the breakout of the upper trendline of the wedge. The target could be calculated as the height of the wedge added to the breakout point. Thanks for reading! Let me know what you think in the comments!
NYSE:ACHRLong
by scody159
ACHR a penny personal air transport startup LONGACHR is a speculative penny stock with big momentum this past week for a continuation trade. The chart is a basic 2 hour chart upside 20% to all time high no revenue burning cash but improving on putting out the fire. No competition in its intended market. $5.00 strike calls for March monthly for $75 look good. Once upon a time, I had a fellow ER doc who commuted to work all the time by helicopter. Cost him some money but it added 10 hours a week onto his life. He tells me this will be huge in time when the costs and economy of scale kick in. He believe him 1000%. Buy, buy and then buy some more ( so long as you have your risk management figured out. ). Archer Aviation Inc. (NYSE: ACHR), an urban air mobility company, engages in designs, develops, manufactures, and operates electric vertical takeoff and landing aircrafts to carry passengers. The company was formerly known as Atlas Crest Investment Corp. and changed its name to Archer Aviation Inc. Archer Aviation Inc. was incorporated in 2018 and is headquartered in San Jose, California. Archer’s goal is to transform urban travel, replacing 60-90 minute commutes by car, with estimated 10-20 minute electric air taxi flights that are safe, sustainable, low noise and cost competitive with ground transportation. With a range of up to 100 miles, Archer’s Midnight is a piloted, four passenger aircraft designed to perform rapid back-to-back flights with minimal charge time in between flights. "Archer Aviation Inc. (NYSE: ACHR) Company Shareholder Snapshot" Shareholders can expect long term growth and appreciation that is expected from the enormous cash position, experienced management team, and dual revenue streams. The Company Raised $1 Bln. of Capital Went public in 2021 on NYSE Key Investors: United Airlines, Jeep, Peugeot, Fiat, Maserati, Jet.com, and Moelis group Key Company Highlights Industry leading engineering team COO and Chief Engineer have each previously built 7 eVTOL aircraft VP of Tesla 100 person powertrain team Targeting commencement of operations in 2025 "Archer Aviation Aircraft 2 Unique Revenue Streams for Explosive Growth" The company has two explosive revenue growth strategies that have the potential for long term shareholder growth year after year. Archer Air - Aerial Ride Sharing Archers core business Initially targeting 50% of revenue mix Grow 70% to 80% of revenue mix over long term Targeting 40%+ GM Archer Direct - Aircraft OEM Can provide meaningful upfront cashflows & revenue diversity Targeting 50% of revenue mix Transitioning to 30% over the long term Targeting 50%+ GM "Archer Aviation Aircraft Overview Electric Vertical Take-Off And Landing" Performance Range: Up to 100 miles, optimized for 20 to 50 mile rapid back-to-back trips with minimal charge time. Speed: Up to 150MPH Payload: Industry leading 1,000lbs, pilot + 4 passengers Advantages Safety: Will be certified at levels similar to todays commercial airliners Noise: 100X quieter than a helicopter Cost: Approximately 1/3 the cost to manufactured and to operate than a traditional helicopter "Urban Congestion Is Not Sustainable - Archer (ACHR) Solves Issue" In 2018, 55% of the world's population lived in urban areas according to the United Nations, a proportion that they project to increase to 68% by 2050 Traffic congestion cost the US economy nearly $87Bln. in 2018. Vast majority of trips in urban areas are less than 50 miles long, but take more than an hour. Major cities across the world have a similar dynamic, especially trips from airport to city center.
NYSE:ACHR
by AwesomeAvani
1
Archer Aviation ($ACHR) Clears Regulatory HurdleArcher Aviation Inc. (NYSE: NYSE:ACHR ) has achieved a milestone that underscores its commitment to safety and operational excellence. The company announced on February 8, 2024, that it has received its Part 145 certification from the Federal Aviation Administration (FAA), positioning itself as a frontrunner in the burgeoning electric vertical takeoff and landing (eVTOL) aircraft industry. FAA Certification The granting of Part 145 certification is a testament to Archer's unwavering dedication to meeting the highest standards of safety and compliance. This regulatory approval empowers the company to conduct specialized aircraft repair services, ensuring that its fleet maintains peak performance while adhering to stringent FAA regulations. Such certification is indispensable for commercial aviation operators like Archer, as it authorizes them to perform crucial maintenance tasks on aircraft components, including airframes, essential for ensuring the safety and reliability of their operations. Adam Goldstein's Confidence Adam Goldstein, Founder and CEO of Archer, expressed his confidence in the company's vision, stating, "This is a major vote of confidence from the FAA on Archer’s promise and potential for operating a full-scale urban air mobility service in cities across the country." Goldstein emphasized Archer's commitment to working closely with regulatory bodies worldwide to ensure the safety and readiness of its aircraft, heralding a new era of sustainable, low-noise, and cost-competitive urban air travel. Archer Aviation's Vision Archer's innovative approach to urban mobility aims to transform the way people commute, offering an alternative to the congested roadways and lengthy travel times associated with traditional transportation methods. With its piloted, four-passenger aircraft, the Midnight, Archer ( NYSE:ACHR ) envisions slashing commute times from 60-90 minutes to a mere 10-20 minutes, providing commuters with a swift and efficient mode of transportation. The significance of Archer's Part 145 certification extends beyond regulatory compliance; it underscores the company's commitment to fostering trust and reliability within the aviation industry. By adhering to rigorous safety and quality benchmarks, Archer ( NYSE:ACHR ) ensures that maintenance and repair services are performed by authorized experts, bolstering the safety and security of airline operations and passenger travel. Technical Outlook NYSE:ACHR is in a Bullish Flag Pattern indicating further Surge or breakout. We can see it consolidating at the $4.59 support and aiming towards a new Resistance level. Conclusion Archer's successful attainment of Part 145 certification marks a pivotal moment in the company's journey toward commercialization, setting the stage for the realization of its ambitious urban air mobility vision. As Archer ( NYSE:ACHR ) continues to collaborate with regulatory authorities and advance its technology, the prospect of widespread adoption of electric air taxis inches closer to reality, promising a future where urban travel is not only faster but also more sustainable and accessible than ever before.
NYSE:ACHRLong
by DEXWireNews
Vertical Take off for ArcherWith a 73% increase in stock price over the last 11 days it appears as if Archer is getting ready to take off Vertically, just like its upcoming aircraft! Although the aircraft is still experimental we have already seen players like United make investments for about 100 units. We found a clear foundation level and have tested the resistance level of around $3.30 throughout the year. Based on the fib retracement scale, there is some potential for it to break past the current levels with the appropriate amount of volume to support to growth.
NYSE:ACHRLong
by AirMarketGroup
ACHR Stock – The Decade We All Become JetsonsArcher Aviation Inc. (NYSE: ACHR) is an electric vertical takeoff and landing aircraft manufacturer – or flying cars for short. It was founded in 2018 and has developed an aircraft it plans to start selling in 2024. The company is also launching a new aircraft in November which could be a catalyst for the stock. Since ACHR operates in a relatively new market, its losses have continued to widen from developing eVTOL aircraft. Insider selling and market uncertainty has forced the stock to a 52 week low of $2.50. However, ACHR has typically performed well on its earnings and ACHR stock could see a run up if it beats EPS expectations. The company has another catalyst in November related to the release of Midnight – its latest eVTOL aircraft. With this in mind, ACHR stock may deserve a second look. ACHR Stock News Up until the 2010s, the only people who got to operate flying automobiles were the Jetsons – maybe The Doctor too. However, with scientists and engineers trying to make up for lost time and deliver on what the masses were promised back in the 1950s, flying cars might actually become reality just a few years later than we’d hoped. Archer Aviation is one of the companies trying to deliver on that promise, and they expect their first flying “electric vertical takeoff and landing” (eVTOL) aircraft to be available in markets by 2024. Founded in 2018, Archer already has a flying two-seater, with a 60 mile range per charge and speeds going up to 150mph. It plans on producing this aircraft at the start of next year. The company went public just over a year ago through a SPAC deal, but investors have high hopes for ACHR since shortly after its foundation a Walmart executive jumped on the bandwagon. Marc Lore is known as a successful entrepreneur and investor. Lore was the owner of Jet.com which was acquired by Walmart, positioning him as the President and CEO of Walmart eCommerce. He has since stepped down from this position and is developing a multi-decade project to build ‘a city of the future’. Perhaps Lore believes ACHR’s eVTOL aircrafts will play a role in this city which is why he supported the company early on as its lead investor and advisor. But Lore has also founded the early-stage venture firm VCP Ventures which could also show his interest in ACHR as a start-up with long-term potential. Despite Lore’s faith in the company at its start, ACHR has fallen quickly from its IPO which valued the company at $2.7 billion. The company is currently valued at $0.67 billion but this is not unusual for SPAC IPOs. In fact, almost all major eVTOL manufacturers have shed a lot of their value since their IPOs. Joby Aviation Inc (NYSE: JOBY), for example, lost more than $5 billion in its valuation over a little over a year, leaving it with a market cap of $2.64 billion now. Lilium NV (NASDAQ: LIVM) is also a similar case, since it dropped from $2.99 billion to $0.53 billion over roughly a year. Vertical Aerospace (NYSE: EVTL) has also been on a roller coaster ride, but compared to its competitors it has maintained more of its initial valuation. Despite the economic conditions which have been particularly difficult for speculative growth companies, Vertical Aerospace has dropped from $2.1 billion last December to $1.89 billion. ACHR’s steep drop in value since its IPO could be a symptom of the wider market since the company has continued to beat earnings estimates with a lower EPS loss than predicted. Archer also has a catalyst coming up which could trigger a run for the stock. On November 16th, Archer will be unveiling its new aircraft, the four-seater Midnight. This unveiling comes ahead of schedule since Midnight was previously scheduled to be revealed in 2023. The reveal could be a major catalyst for the stock, since ACHR’s management have kept their lips tightly sealed about the new aircraft. However, ACHR has already impressed United Airlines which quickly became one of their biggest customers thanks to a $1 billion deal for Archer’s aircrafts. As part of the agreement, United may purchase an additional $500 million worth of Archer aircrafts. But so far United Airlines has only deposited $10 million of the promised $1 billion, providing ACHR with additional liquidity as it develops its aircraft. Archer also has deals with Fiat Chrysler Automobiles giving it access to FCA’s supply chain, raw materials, and expertise. One final key partner of Archer’s is Stellantis, which not only provided it with good battery suppliers through its supply chain, but has also worked to improve certain aspects of Archer’s aircrafts, including vibration and noise reduction. Investors might appreciate these cherry-picked supply chains, which also ensure lower production costs amidst the global supply chain crisis. A long term catalyst for ACHR is the recent legislative backing for EVTOLs. In 2021, the House of Representatives passed the Advanced Air Mobility Coordination and Leadership Act, which seeks to establish an advanced air mobility (AAM) working group. This group is tasked with assisting AAM makers and paving the way for them to ensure their operations go as smoothly as possible. The White House also hosted an AAM summit in August, where speakers highlighted the role AAM can play in serving the country and talked of the importance of regulating the industry. But, it’s about time for a however since insider activity has sent a worrying message to investors. Some investors have been concerned with the selling activity of former Archer Co-CEO – Brett Adcock – who stepped down from his role at the company in April. Archer’s founder expressed some discontentment with Archer’s Board of Directors and his recent selling activity may be a reflection of his own personal situation rather than what’s happening at the company. In total, Brett sold $400,000 worth of shares in July and has continued converting and selling his shares of ACHR stock into October. Whereas, Marc Lore has continued buying shares of ACHR from October 2021 to March 2022. Currently, Lore owns 28,086,358 shares of ACHR stock – roughly 11.6% of the company. Another risk factor, according to a recent study is the amount of time required for eVOTL manufacturers to develop their products and industry. However, the study did conclude that 20,000 eVOTLs are expected to be sold within the next 13 years and 150,000 within the next 23 years. The authors also expect regulations for these aircrafts to be quite strict. In fact, Kittyhawk, an eVOTL manufacturing company which was backed by one of Google’s co-founders, has recently had to suspend its operations given how tricky the development process has been. While ACHR stock may hold promise over the long-term as it continues to develop its aircraft, it will likely be a while before the company’s aircraft are widely adopted given the timeline to market. It’s important to remember its upcoming Q3 earnings, its deal with United Airlines, and the unveiling of Midnight which could help bring more volume to the stock. ACHR Stock Financials Archer’s finances are also worth keeping an eye on. The company’s operating expenses increased over 100% YoY compared to the same quarter in 2021 due to the general increase in R&D as well as administrative costs. However, this 22.8% increase QoQ was mainly due to a $10.4 million increased investment in its key technology development programs and a $3.4 million severance expense due to the former CEO stepping down. According to the company’s forecast in Q2, ACHR expects its GAAP operating expenses to increase by $15 to $23 million in Q3. Since ACHR stock typically runs with the company’s EPS beat, its Q3 earnings on November 10th could fall flat if the company is unable to beat estimates as a result of its additional operating expenses. The company’s EBITDA has fallen from -$63.8 million in Q1 to -$78.3 million in Q2. For Q2 in 2021, ACHR reported -$3.8 million representing a significant increase in the company’s cash burn. However, it’s important to keep in mind that many eVOTL manufacturers are in their early growth phase, so this net loss is not surprising. As for its assets, ACHR reported $654.8 million in cash and cash equivalents while its total liabilities amount to $73 million. Current EPS estimates for ACHR’s Q3 earnings are -$.40 for GAAP and -$.28 for normalized. It is worth noting, however, that Archer’s actual EPS has outperformed quarterly estimates over the previous two quarters, beating its estimated EPS loss by $.01 in Q2. Technical Analysis ACHR stock recently formed a new 52-week low at $2.50 and is trading beneath the 200 MA after recently breaking out above the 50 MA. There is the possibility of a golden cross on the 1 hour timeframe occurring in the near future which could signal a trend shift. The stock has fallen 44% since August despite United Airline’s $10 million deposit with the company. However its worth noting that ACHR stock has seen a run up leading to its earnings calls for the past three earnings. The stock also shows a great deal of volatility due to its relatively low float of 122 million shares which means ACHR stock could run leading up to its earnings or upon its aircraft’s reveal in November. Overall, accumulation has continued to drop steadily since ACHR’s IPO in 2021, the RSI is holding at 42 and the MACD is bullish to the downside. Considering the bearish sentiment surrounding speculative growth stocks, especially in emerging industries such as eVOTL, ACHR could continue to downtrend. But considering the stock’s performance leading up to its past earnings, the stock’s relatively low float, and the upcoming catalysts in November, as well as the company’s considerable cash on hand, ACHR could be a promising bottomed out penny stock. ACHR Stock Forecast Archer is one of few eVOTL manufacturers this late in the development and FAA certification processes. This means that it might not have worthy competitors for a few years – although Joby is in a similar position, it targets longer-distance trips. ACHR has already gone through a management shakeup with its founder and former co-CEO leaving during a critical time for the company. Despite this, the company could emerge stronger than before as it makes headway in a market expected to be valued at $1 trillion by 2040 according to Morgan Stanley. The increasing issues of traffic, pollution, and obstacles to mobility, could make ACHR a leader if it emerges as the first to market. The company also has a notable lead investor and has already secured up to $1.5 billion in aircraft sales to United Airlines. While ACHR’s long-term potential in this industry presents certain risks to investors, it has two catalysts in November which could make ACHR stock one to watch in the weeks ahead.
NYSE:ACHR
by Penny_Stocks_Today