"King of the Quants": Please Don't Take This Warning Lightly...

My system has recently uncovered a market phenomenon I haven't seen in 30 years.Some fortunate folks like me built generational wealth back then...while others lost their shirts and spent decades trying to recover. Well, something similar is happening today... but it will end in a much bigger way. This market shakeup is going to be much more intense.

What's Going On With Archer Aviation Stock?

Erica Kollmann
June 21, 2024

Archer Aviation Inc. (NYSE:ACHR) shares are trading higher Friday. The company announced a planned air mobility network in the San Francisco Bay Area on Thursday. 

The Details:

Archer Aviation announced plans for an air mobility network that will connect five strategic locations across the San Francisco Bay Area – South San Francisco, Napa, San Jose, Oakland, and Livermore. Archer said the network is anticipated to provide connectivity to communities around the region, allowing people to replace one-to-two-hour drives to cities around the bay with flights that take between 10 and 20 minutes. 

Related News: Why EV Maker Nikola’s Stock Is Crashing

To anchor the network, Kilroy Realty Corporation recently signed a memorandum of understanding (MOU) with Archer identifying Kilroy Oyster Point, a 50-acre waterfront campus in South San Francisco, as a critical hub in Archer’s planned San Francisco Bay Area UAM network.

Archer Aviation shares are climbing on above-average trading volume Friday and 28.25% of available shares are being sold short, according to data from Benzinga Pro

Will ACHR Stock Go Up?

When trying to assess whether or not Archer Aviation will trade higher from current levels, it's a good idea to take a look at analyst forecasts.

Wall Street analysts have an average 12-month price target of $7.88 on Archer Aviation. The Street high target is currently at $12.0 and the Street low target is $4.5. Of all the analysts covering Archer Aviation, 3 have positive ratings, one has neutral ratings and no one has negative ratings.

In the last month, one analyst has adjusted price targets. Here's a look at recent price target changes [Analyst Ratings]. Benzinga also tracks Wall Street's most accurate analysts. Check out how analysts covering Archer Aviation have performed in recent history.

Stocks don't move in a straight line. The average stock market return is approximately 10% per year. Archer Aviation is 1.48% up year-to-date. The average analyst price target suggests the stock could have further upside ahead.

For a broad overview of everything you need to know about Archer Aviation, visit here. If you want to go above and beyond, there's no better tool to help you do just that than Benzinga Pro. Start your free trial today.

ACHR Price Action: According to Benzinga Pro, Archer Aviation shares are up 13.4% at $3.53 at the time of publication Friday.

Image: Courtesy of Archer Aviation, Inc.

Continue Reading...

Popular

Ryde Secures 3-Year License Renewal in Singapore, Stock Gains

Ryde Group renews ride-hail and carpool licenses for 3 years in Singapore, highlighting commitment to sustainable mobility.

What's Going On With Laser Photonics Shares Thursday?

Laser Photonics stock is trading higher after the company announced it received an order from Walsh Service Solutions.

Is a Starlink IPO Coming in 2024? - Ad

Could there be signs that a Starlink IPO is set for the second half of 2024? According to one top venture capitalist, the answer is YES! And for the first time ever, you have the rare chance to profit pre-IPO... BEFORE Starlink goes public.

What's Going On With Walmart Stock Monday? (UPDATED)

Walmart Inc. (NYSE:WMT) shares are trading lower on Monday. The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against the company and Branch Messenger over concerns regarding junk fees. Here's what you need to know.

Payments of Up to $1,400 Coming for 1 Million Eligible Taxpayers, IRS Confirms

The IRS will issue automatic payments to approximately 1 million taxpayers who did not claim the 2021 Recovery Rebate Credit.

Sell Nothing. Retire Early. Mission Complete. - Ad

What if you could retire in 3 years instead of 10-15? While everyone is trying to trade the market and gamble on poop coins and meme coins, some people are using a little known method to actually earn passive returns. We probably have 3 years to exploit this before the party is over. That's plenty of time to retire early in crypto.

Big Biopharma Trails Behind The Market: JP Morgan's 2025 Outlook on Eli Lilly, Merck, and More

JP Morgan highlights 2025 growth prospects for biopharma, animal health, and specialty pharma stocks. Key picks include Eli Lilly, Zoetis, and Bristol-Myers Squibb.

Media Humiliated: Demo of Elon's Tech Proves They're Wrong - Ad

It's smaller than a quarter, but it could power Elon Musk's next AI revolution... A revolution he believes will be worth more than $9 trillion. Believe it or not, this device could even help put an extra $30k in your pocket every year outside of the markets.

Inside Jeff Bezos' $600M Wedding To Lauren Sánchez: Luxe Decor, Stars, And Romance

Jeff Bezos is reportedly set to marry his fiancée Lauren Sanchez next Saturday in a $600 million Winter Wonderland-themed wedding in Aspen, Colorado.

Nvidia, Taiwan Semiconductor, AMD, Rumble, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

The U.S. stock market ended in the green on Monday. The Nasdaq Composite gained over 100 points, reflecting a nearly 1% increase to 19,764.88. Meanwhile, the Dow Jones Industrial Average saw an increase of 0.2%, closing at 42,906.95. The S&P 500 also experienced a rise, gaining 0.7% to reach 5,974.07.

Could Trump's Favorite Coin Take Off Post-election? - Ad

Juan Villaverde called the top and bottom of every crypto bull market since 2012. He believes Bitcoin will go to $150K -- or more. There's one coin he thinks could go up more . It's part of Trump's special Project Crypto. His plan to make America "the crypto capital of the planet."

Nissan, Honda expected to announce plans to merge, creating world's No. 3 automaker

TOKYO (AP) — Japanese automakers Nissan and Honda were expected to announce Monday that they are in talks on a merger that would catapult them to No. 3 in a global industry undergoing tectonic shifts as it transitions away from reliance on fossil fuels while facing intensifying competition from Chinese rivals.

Did Vladimir Putin Just Ban Bitcoin Mining In Russia? The Devil Is In The Details

The Russian government has announced a six-year ban on cryptocurrency mining in ten regions, effective Jan. 1, 2025, citing concerns over excessive energy consumption.

Man Who Called Nvidia Says "Buy These Five AI Stocks." - Ad

In 2016, Jeff Brown called Nvidia at a split-adjusted 66 cents. The company just became the world's third $3 trillion company...And the stock is up massively since Jeff's recommendation. Now, Jeff has found five under-the-radar stocks which could power your retirement. And it's in large part because these companies are connected to Elon Musk and Nvidia.

Undersea power cable linking Finland and Estonia hit by outage, prompting investigation

FRANKFURT, Germany (AP) — A power cable linking Finland and Estonia under the Baltic Sea suffered an outage, prompting an investigation, Finnish Prime Minister Petteri Orpo said Wednesday.

Apple's Near Term Success Will Be Driven By Strong Holiday Season, iPhone 16, Says Dan Ives — Analyst Sees Stock Hitting $300, Cupertino Hitting $4 Trillion Marketcap

Apple Inc. is on track to become the first company to reach a $4 trillion market capitalization by early 2025, driven by strong iPhone sales and artificial intelligence innovations, according to Wedbush Securities analyst Dan Ives.

A Strange Twist Is About to Hit the AI Market That Almost Nobody Sees Coming... - Ad

If you have any money in AI stocks right now, or if you're even thinking about it, you need to see what's going on. The truth is, the moves we've seen in tech and AI stocks over the last couple of months could be the start of something much bigger. That's why I've put together this special presentation with Wall Street legend, Charles Mizrahi.

Biden Administration Targets Chinese Firm Over Taiwan Semiconductor Chip Found in Huawei Tech

Sophgo, Bitmain and other Chinese firms face potential U.S. blacklisting for national security threats, causing stock prices to rise.

Japan to maximize nuclear power in clean-energy push as electricity demand grows

TOKYO (AP) — A government-commissioned panel of experts on Wednesday largely supported Japan's new energy policy for the next few years that calls for bolstering renewables up to half of electricity needs by 2040 while maximizing the use of nuclear power as the country seeks to accommodate the growing power demand in the era of AI while meeting

Bitcoin Skyrockets on Trump's Election. Which Coin Is Next? - Ad

Juan Villaverde called the top and bottom of every crypto bull market since 2012. He believes Bitcoin will go to $150K -- or more. There's one coin he thinks could go up more . It's part of Trump's special Project Crypto. His plan to make America "the crypto capital of the planet."

Johnson Averts Shutdown But Faces Growing Pressure From Right

House conservatives are pressuring Speaker Mike Johnson after a rocky week of negotiations and infighting over a government spending bill.

Dogecoin Whales Load Up Coins Worth $92 Million Over 4 Days As Meme King Outperforms Bitcoin, Ethereum In 2024

On Tuesday, Ali, a prominent voice in the crypto community, revealed that whale investors purchased a staggering 270 million Dogecoin (CRYPTO: DOGE) in less than four days.

There's One Thing Trump and Musk Can't Fix - Ad

Donald Trump and Elon Musk are teaming up to fix America's broken government. With the launch of the Department of Government Efficiency, they're planning to cut $2 trillion from the federal budget. But sadly, there's ONE thing Trump and Musk can't fix.

Kiyosaki Warns of Global Financial Crisis: 'Protect Your Wealth by Investing in Real Assets'

Robert Kiyosaki, businessman and author of Rich Dad, Poor Dad, is once again sounding the alarm about a potential global financial crisis.

Apple Developing Face ID Smart Doorbell To Unlock Doors By Late 2025

Apple Inc. is reportedly developing a smart doorbell camera with Face ID technology that could unlock doors using facial recognition.

Take These Four Steps to Protect Your Financial Future... - Ad

AI is hailed as the future, but its hidden dangers may threaten our way of life and financial security. Many Americans may be unprepared as things unravel. I've recorded a critical briefing to expose the truth and help you act. Learn the four steps you must take now to protect yourself and your family.

Amazon and Starbucks workers are on strike. Trump might have something to do with it

and are on strike in a handful of U.S. cities as they seek to exert pressure on the two major companies to recognize them as unionized employees or to meet demands for an inaugural labor contract.

What's Going On in This Strange Facility Near Mar-A-Lago? - Ad

Most people have no clue this unassuming facility exists. Yet the minute Donald Trump takes office... This could be the most important building in America. More important than the Capital, the Pentagon... even the White House. Because this may well be the epicenter of Trump's New Manhattan Project.

Here's What The Latest Congressional AI Report Could Mean For Big Tech

The House Artificial Intelligence Task Force released a report on Tuesday with recommendations on how Congress can boost the development of AI while also protecting against potential risks of the technology.

Trump's New "AI Economy" Could Mint 22,000 New American Millionaires Every 30 Days - Ad

A tidal wave of new AI wealth is about to flow into the economy. However, the biggest gains may no longer come from the usual hot AI stocks you've been hearing lately. We reveal how you can get the names of all the stocks you should get into now for the biggest investment opportunities of your life.

What's Going On With Broadcom Stock?

Broadcom Inc (NASDAQ:AVGO) shares are trading lower Wednesday, pulling back from a recent surge that saw the stock join the $1 trillion club. Here's a look at what you need to know.

US home sales hit fastest pace since March with more properties up for sale

Sales of previously occupied U.S. homes rose in November to their fastest pace since March with home shoppers encouraged by a wider selection of properties on the market, even as mortgage rates mostly ticked higher.

The Secret to Trading Success? It's Simpler Than You Think - Ad

Forget fancy software. Top traders rely on free alerts that tell them when to jump on the next big trade. Straight to your phone. No guessing, no stress.

Russian central bank holds rates steady at 21% amid criticism from key business figures

Russia's central bank has left its benchmark interest rate at 21%, holding off on further increases as it struggles to snuff out inflation fueled by the government's spending on the war against Ukraine.

Luigi Mangione Lands In Same Brooklyn Jail As Diddy And FTX's Bankman-Fried

The alleged murderer of UnitedHealth Group CEO Brian Thompson has been transferred to the Metropolitan Detention Center in Brooklyn, New York.

Do NOT Buy Nvidia, Apple, Microsoft, Meta, Tesla, or ANY Major Tech Stock... - Ad

31 billionaires (including: Warren Buffett, Elon Musk, Jeff Bezos, and more) are quietly unloading shares of their OWN stocks at RECORD pace... But why? Wall Street legend Eric Fry says it's because, soon: "America's most popular stocks like Nvidia, Apple, Meta, Tesla, and thousands more... are set to come plummeting back to Earth." Erasing YEARS of investor profits... Sparking a $17 trillion PANIC on Wall Street...

Data on animal movements help Hungarian researchers create a swarm of autonomous drones

BUDAPEST, Hungary (AP) — Moving in a dense cloud, like throngs of people walking across a crowded public square, 100 drones maneuver through the night sky in Hungary's capital, the result of over a decade of research and experimentation that scientists believe could change the future of unmanned flight.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service