Tag

Evtol

All articles tagged with #evtol

business15 hours ago

Cathie Wood Reweights Bets: Archer Aviation Up, Palantir Down

Cathie Wood trimmed Palantir shares and bought Archer Aviation, signaling a shift from Palantir's AI software growth to Archer's early-stage eVTOL potential. Palantir has shown AI-driven growth via its AIP but faces valuation concerns and a mixed analyst view (Jefferies Underperform, consensus Neutral). Archer is progressing toward Midnight certification, expanding partnerships (Stellantis, United Airlines, Anduril) and leveraging a cash-rich balance sheet, with Dayal (HC Wainwright) naming it a Buy and a high 12-month target. Wood's trades include about $76.9 million sold of PLTR and roughly $11.6 million purchased of ACHR, underscoring her tilt toward disruptive AI and urban mobility while remaining wary of rich valuations.

business4 months ago

Trump's Support Boosts U.S. Air Taxi and Flying Car Initiatives

Shares of Joby and Archer Aviation surged after announcing their participation in the White House's eVTOL testing program, which aims to accelerate the adoption of electric vertical takeoff and landing vehicles, seen as a step toward commercial flying car services. The program, initiated by President Trump, allows mature eVTOL companies to operate in select markets before full FAA certification, boosting investor confidence in these companies' future growth.

business5 months ago

Can Archer Aviation Reach Tesla's Heights in the Skies?

Archer Aviation, a $5.5 billion company developing electric vertical take-off and landing aircraft, aims to revolutionize urban air mobility similar to Tesla's impact on cars. With progressing aircraft production, government partnerships, and expanding markets, it is positioned for growth despite current losses and industry challenges. Wall Street analysts are optimistic, with a median target price suggesting significant upside, making it a potential long-term investment for those willing to accept short-term risks.

business7 months ago

Cathie Wood Increases Investment in Archer Aviation Amid Growth and Policy Boosts

Cathie Wood's ARK Invest bought over $40 million worth of Archer Aviation shares following a stock dip caused by an $850 million offering, with the stock dropping 14.8%. Despite the dilution concerns, analysts see potential upside, and Archer is poised to benefit from upcoming events like the LA 2028 Olympics and new U.S. eVTOL policies.

business7 months ago

Archer Aviation's Stock Decline and Future Outlook Amid Recent Funding and Political Moves

Archer Aviation's stock dropped 14% after an $850 million stock offering, despite strong growth prospects and international expansion plans. While some investors remain optimistic, others warn that hype may be ahead of fundamentals, citing concerns over certification delays and cash burn. Wall Street shows a moderate buy consensus with a 16% potential upside in the next year.

business7 months ago

Archer Aviation Shares Drop 15% After $850M Funding and Trump Air Taxi Program

Archer Aviation's stock dropped 15% after raising $850 million through a direct offering, despite positive policy developments like the White House's eVTOL pilot program. The funds will bolster the company's liquidity and support expansion, including upcoming showcases and partnerships, with CEO Adam Goldstein emphasizing the strategic importance of the new capital.