#5 - Archer Aviation (NYSE:ACHR)
Archer Aviation Inc. (NYSE: ACHR) is another Russell 2000 stock that’s getting ready to take off in 2025.
The company is one of the leaders in the emerging electric vertical take-off and landing (eVTOL) vehicles. Its prototype, Midnight eVTOL, is moving closer to FTA approval and has several partnerships lined up when the milestone is reached. Flying cars are becoming a reality.
That’s why, despite heavy selling pressure that correlates with investor uncertainty about stocks in general, institutional investors are loading up on ACHR stock. And the stock’s performance is reflecting that. Archer stock has found support at its December 2024 levels, and analysts see up to 60% upside from here.
About Archer Aviation
Archer Aviation Inc, together with its subsidiaries, engages in designs, develops, and operates electric vertical takeoff and landing aircraft for use in urban air mobility. The company was formerly known as Atlas Crest Investment Corp. and changed its name to Archer Aviation Inc The company is headquartered in San Jose, California.
- Current Price
- $7.23
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 7 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $11.61 (60.7% Upside)
