• Education
    • Higher Education
    • Scholarships & Grants
    • Online Learning
    • School Reforms
    • Research & Innovation
  • Lifestyle
    • Travel
    • Food & Drink
    • Fashion & Beauty
    • Home & Living
    • Relationships & Family
  • Technology & Startups
    • Software & Apps
    • Startup Success Stories
    • Startups & Innovations
    • Tech Regulations
    • Venture Capital
    • Artificial Intelligence
    • Cybersecurity
    • Emerging Technologies
    • Gadgets & Devices
    • Industry Analysis
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy
Today Headline
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
Today Headline
No Result
View All Result
Home Business & Finance

Archer Aviation Skyrocketed Today — Is the eVTOL Stock a Buy? todayheadline

February 10, 2025
in Business & Finance
Reading Time: 2 mins read
A A
0
5
SHARES
10
VIEWS
Share on FacebookShare on Twitter


Archer Aviation (ACHR 13.08%) stock soared in Monday’s trading. The company’s share price ended the daily session up 13.1% amid the backdrop of a 0.7% gain for the S&P 500 (^GSPC 0.67%) and a 1% gain for the Nasdaq Composite (^IXIC 0.98%).

In addition to the bullish backdrop for the broader market, Archer Aviation stock appears to have gotten a lift from an article published by The National yesterday. The article outlines the electric vertical takeoff and landing (eVTOL) aircraft specialist’s plans to launch commercial operations in Abu Dhabi this year, and includes some interesting information about the company’s pricing plans.

For example, Archer Aviation CEO Adam Goldstein said that a roughly 22-mile trip between two destinations in Abu Dhabi would cost approximately $95 on a currency-adjusted basis. Goldstein emphasized that his company’s air taxis offered convenience advantages and would not just be tools for the rich.

The National‘s article also highlighted that Archer Aviation recently “signed a $140 million deal” with the U.S. Department of Defense (DoD) to evaluate eVTOL craft in various operational scenarios. It’s not immediately clear if this refers to the same contract worth up to $142 million that Archer signed with the DoD in July 2023. Given the size of Archer Aviation’s stock gains today, it’s possible that some investors are interpreting it as a new contract win.

Is Archer Aviation stock a buy right now?

Archer Aviation is valued at roughly $4.4 billion, despite having yet to record any sales through its core business. With that kind of revenue and valuation profile, it’s safe to say that the stock is highly speculative. It’s also safe to say that shares will likely continue to be highly volatile in the near term. I think that investors who are inclined to wait for a cheaper buying opportunity in conjunction with a valuation pullback will probably have chances to do so.

On the other hand, I think Archer Aviation is still a compelling long-term investment for risk-tolerant investors at current prices. Between opportunities in the commercial flight and defense industries, I expect that the company will be able to deliver performance that justifies and exceeds its current valuation. Archer remains in the fledgling stages of capitalizing on what could be massive growth opportunities, and I think that purchasing shares at today’s pricing levels would be a worthwhile move as part of a larger dollar-cost averaging strategy.

Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Tags: ArcherAviationBuyeVTOLSkyrocketedStocktodaytodayheadline
Previous Post

Energy Storage Innovation: Why Fluence Energy (FLNC) Should Be on Your Radar todayheadline

Next Post

Elon Musk-led group makes $97.4 billion bid for control of OpenAI

Related Posts

Newark's airport chaos frustrates carriers, worries travelers 

Newark's airport chaos frustrates carriers, worries travelers  todayheadline

May 11, 2025
5

Sri Lanka chicken and egg supply go up, prices fall amid exchange rate stability todayheadline

May 11, 2025
3
Next Post
Elon Musk-led group makes $97.4 billion bid for control of OpenAI

Elon Musk-led group makes $97.4 billion bid for control of OpenAI

  • Trending
  • Comments
  • Latest
Family calls for change after B.C. nurse dies by suicide after attacks on the job

Family calls for change after B.C. nurse dies by suicide after attacks on the job

April 2, 2025
Pioneering 3D printing project shares successes

Product reduces TPH levels to non-hazardous status

November 27, 2024

Hospital Mergers Fail to Deliver Better Care or Lower Costs, Study Finds todayheadline

December 31, 2024

Police ID man who died after Corso Italia fight

December 23, 2024
Harris tells supporters 'never give up' and urges peaceful transfer of power

Harris tells supporters ‘never give up’ and urges peaceful transfer of power

0
Des Moines Man Accused Of Shooting Ex-Girlfriend's Mother

Des Moines Man Accused Of Shooting Ex-Girlfriend’s Mother

0

Trump ‘looks forward’ to White House meeting with Biden

0
Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

0
Tufts University student back in Boston after release from Louisiana detention center

Tufts University student back in Boston after release from Louisiana detention center

May 11, 2025
Bongino calls out 'nonsense' media reports, defends FBI leadership in X post

Bongino calls out ‘nonsense’ media reports, defends FBI leadership in X post

May 11, 2025
The Straits Times logo

Bangladesh bans activities of ousted PM Hasina’s party following protests

May 11, 2025
Putin proposes direct Russia-Ukraine talks in Istanbul on May 15

Putin proposes direct Russia-Ukraine talks in Istanbul on May 15

May 11, 2025

Recent News

Tufts University student back in Boston after release from Louisiana detention center

Tufts University student back in Boston after release from Louisiana detention center

May 11, 2025
4
Bongino calls out 'nonsense' media reports, defends FBI leadership in X post

Bongino calls out ‘nonsense’ media reports, defends FBI leadership in X post

May 11, 2025
2
The Straits Times logo

Bangladesh bans activities of ousted PM Hasina’s party following protests

May 11, 2025
0
Putin proposes direct Russia-Ukraine talks in Istanbul on May 15

Putin proposes direct Russia-Ukraine talks in Istanbul on May 15

May 11, 2025
5

TodayHeadline is a dynamic news website dedicated to delivering up-to-date and comprehensive news coverage from around the globe.

Follow Us

Browse by Category

  • Africa
  • Asia
  • Basketball
  • Business & Finance
  • Climate Change
  • Crime & Justice
  • Economic Policies
  • Elections
  • Entertainment
  • Entrepreneurship
  • Environmental Policies
  • Europe
  • Football
  • Gadgets & Devices
  • Health
  • Medical Research
  • Mental Health
  • Middle East
  • Motorsport
  • Olympics
  • Politics
  • Public Health
  • Relationships & Family
  • Science & Environment
  • Software & Apps
  • Space Exploration
  • Sports
  • Stock Market
  • Technology & Startups
  • Tennis
  • Travel
  • Uncategorized
  • Us & Canada
  • Wildlife & Conservation
  • World News

Recent News

Tufts University student back in Boston after release from Louisiana detention center

Tufts University student back in Boston after release from Louisiana detention center

May 11, 2025
Bongino calls out 'nonsense' media reports, defends FBI leadership in X post

Bongino calls out ‘nonsense’ media reports, defends FBI leadership in X post

May 11, 2025
  • Education
  • Lifestyle
  • Technology & Startups
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy

© 2024 Todayheadline.co

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business & Finance
  • Corporate News
  • Economic Policies
  • Entrepreneurship
  • Market Trends
  • Crime & Justice
  • Court Cases
  • Criminal Investigations
  • Cybercrime
  • Legal Reforms
  • Policing
  • Education
  • Higher Education
  • Online Learning
  • Entertainment
  • Awards & Festivals
  • Celebrity News
  • Movies
  • Music
  • Health
  • Fitness & Nutrition
  • Medical Breakthroughs
  • Mental Health
  • Pandemic Updates
  • Lifestyle
  • Fashion & Beauty
  • Food & Drink
  • Home & Living
  • Politics
  • Elections
  • Government Policies
  • International Relations
  • Legislative News
  • Political Parties
  • Africa
  • Asia
  • Europe
  • Middle East
  • Artificial Intelligence
  • Cybersecurity
  • Emerging Technologies
  • Gadgets & Devices
  • Industry Analysis
  • Basketball
  • Football
  • Motorsport
  • Olympics
  • Climate Change
  • Environmental Policies
  • Medical Research
  • Science & Environment
  • Space Exploration
  • Wildlife & Conservation
  • Sports
  • Tennis
  • Technology & Startups
  • Software & Apps
  • Startup Success Stories
  • Startups & Innovations
  • Tech Regulations
  • Venture Capital
  • Uncategorized
  • World News
  • Us & Canada
  • Public Health
  • Relationships & Family
  • Travel
  • Research & Innovation
  • Scholarships & Grants
  • School Reforms
  • Stock Market
  • TV & Streaming
  • Advertise with Us
  • Privacy & Policy
  • About us
  • Contact

© 2024 Todayheadline.co