VERY BULLISH: Archer Aviation (NYSE: ACHR) Triggered Strong Buy Could Go Vertical!

Deutsche Bank Issued (NYSE: ACHR) Buy Rating with $12 Target Price (116% Upside Potential) [ See Analyst Target Price Here ]( Hi “FDR” Member, This is Michael Reece with “FinancialDrivenResearch” delivering you an update on your new breakout alert Archer Aviation (NYSE: ACHR). FDR Initiates Full Coverage of Archer Aviation (NYSE: ACHR). One of the key potential "catalysts" that could cause stock to surge is their two recent partnerships: one with NASA to study battery cells for space flight use, and the other with Atlantic Aviation to build out infrastructure for eVTOL (electric vertical take-off and landing) aircrafts. Archer Aviation CEO Adam Goldstein joins Yahoo Finance Live to discuss the [timeline for eVTOL infrastructure]( and the commercial availability for these aircrafts. The category of electrical vertical take-off and landing aircraft to be used as air taxis has the potential to be absolutely huge," Goldstein says. "The reason is that these vehicles can be used across so many applications. These vehicles can travel up to 100 miles, they can carry a pilot plus four passengers or an equivalent of a thousand pounds of payload, and that just enables a lot of different use cases. The Air Taxi Sector Could Be Worth $58 Bln by 2033′: Canaccord Suggests One Stock to Invest in It With 116% Upside Potential Archer is developing the Midnight aircraft, a short-range urban commuter aircraft designed for distances of up to 100 miles. The Midnight, when it is scaled up to full size, will be capable of short flights, up to 20 miles, back-to-back, with just 12 minutes charging time between. The aircraft’s design incorporates six independent battery packs, each linked to a pair of electric motors, and capacity to carry a pilot, 4 passengers, and luggage. With speeds up to 150 miles per hour, and an optimized rage of 20 to 50 miles, the aircraft is intended to act as an urban connector and air taxi, economically linking major airports within a larger urban area. Archer is already working with a major airline partner, United, to make eVTOL air taxi routes a reality. The two companies announced in March of this year the first commercial electric air taxi route, to start in in Chicago. The link will connect Chicago’s O’Hare airport, one of North America’s largest, with Vertiport Chicago, the largest North American vertical takeoff and landing aircraft facility. Vertiport is located in the famous Loop; the Archer/United agreement will connect the Loop directly to O’Hare. This unique aviation firm is also partnering with Stellantis, the auto manufacturer, to kickstart production of the Midnight. Stellantis will provide the manufacturing tech and expertise, along with experienced factory personnel and available capital, to get the Midnight past the prototype stage and into mass production. Archer’s goal is to have 6,000 aircraft deployed by 2030. Archer and Stellantis together will be attending the 2023 Paris Airshow, which starts on June 19. The companies will jointly feature the Midnight eVTOL at the Air Mobility event. While Archer is purely pre-revenue for now, the company is aiming to begin commercialization of the Midnight in 2025. In its 1Q23 report, Archer noted that the first Midnight aircraft has passed final assembly, and is ready for test flights this summer, and that the FAA certification program is progressing. Archer has plenty of liquidity to maintain operations, with ca∙sh reserves of $450 Mln as of March 31, as well as strategic funding, available from Stellantis, of $150 Mln. For Canaccord’s Austin Moeller, all of this adds up to an impressive beginning. The analyst writes, “We expect Archer’s strong established relationships with a major airline (United) and a major global automotive manufacturer (Stellantis) to give the company an intellectual, technical and financial edge over its other peers in the eVTOL industry as it works to scale up production and delivery of the Midnight aircraft. Given the robust demand from the airlines to reduce carbon emissions and a vested interest from major metro areas in reducing smog and traffic congestion, we believe that Archer’s Midnight aircraft could be a significant contributor to sustainable air travel and short-mid range travel from urban city centers to airport hubs and surrounding suburbs.” Looking forward, Moeller rates ACHR shares as a Buy, and he sets a $9 price target. Like Canaccord, the rest of the Street is bullish on ACHR. Based on the 4 Buy recommendations assigned in the last three months and 116% upside potential, it’s clear this ‘Strong Buy’ eVTOL stock has a lot to brag about. ([See ACHR stock forecast]( Bullish Catalyst - Deutsche Bank Initiated Coverage of Archer Aviation (NYSE: ACHR) with a Buy Rating, and $12 Price Target Initiating with Buy Rating and $12 PT According to Deutsche Bank analyst Edison Yu, ACHR has +116% upside potential, based on the analysts price target. Bullish Catalyst – Benchmark Initiated Coverage of Archer Aviation (NYSE:ACHR) with a Buy Rating, and $12 Price Target Initiating with Buy Rating and $12 PT According to Benchmark analyst Josh Sullivan, ACHR has +116% upside potential, based on the analysts price target. Bullish Catalyst – Cantor Fitzgerald Initiated Coverage of Archer Aviation (NYSE:ACHR) with a Buy Rating, and $10 Price Target Initiating with Buy Rating and $10 PT According to Benchmark analyst Josh Sullivan, ACHR has +80% upside potential, based on the analysts price target. Huge Breakout Setup For ACHR Bullish Catalyst - Investing.com Technical Opinion Rating Issued ACHR a Bullish STRO∙NG B∙UY Rating One of those bullish catalysts is Wall Street’s leading provider of market data Investing.com, which triggered a Bullish STR∙ONG B∙UY Rating based on Investing.com technical analysis. The Company has several bullish catalysts in the pipeline and is on the verge of disrupting a $750 Bln Aerospace & Defense industry with being first to market with the most advanced electric vertical takeoff and landing (eVTOL) aircraft as part of its recently announced contracts with the Department of Defense (DoD). These announcements come on the heels of the FAA Administrator leaving to join Archer and the DoD awarding Archer the largest total contract value of any eVTOL company . Symbol: ACHR Co: Archer Aviation Breakout Catalyst: (+++) Analyst Coverage: Deutsche Bank About Archer Aviation Inc. Archer Aviation is manufacturing a safe, sustainable, low noise, all electric take-off and landing aircraft with the goal of being first to market in 2025! Archer Aviation (NYSE: ACHR), an urban air mobility company, engages in designs, develops, manufactures, and operates electric vertical takeoff and landing aircrafts to carry passengers. 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. The DoD Awarded ACHR the Largest Dollar Value Contracts in the eVTOL Industry for Defense Partnerships Investors should be paying close attention to Archer Aviation (NYSE: ACHR). And rightly so, considering the enormous government-based contracts the company has locked down like their recently announced landmark contracts with the Department of Defense (DoD). Archer Aviation (NYSE: ACHR) Archer Aviation Has Inked a $142 Mln Landmark Deal with the U.S. Air Force Archer Aviation has secured a $140 Mln contract with the U.S. Air Force representing landmark investment in eVTOL Technology by U.S. Military. United Airlines Pre-Orders $1 Bln of Archer's eVTOL Aircraft Additionally, Archer Aviation has inked a deal with United Airlines has a purchase order for up to 300 of Archer's aircraft. United placed a $1 Bln pre-order, with the option to buy an additional $500 Mln worth of aircraft. The total deal value of that contract could be up to $1.5 Bln. Archer has some big backers behind it and recently obtained a $215 Mln investment from a consortium that featured Stellantis, Boeing, and United Airlines. Archer Accelerates Path to Market Archer took a giant leap forward as Boeing became both a strategic partner and investor in Archer as part of a $215 Mln investment from industry leaders Boeing, Stellantis and United Airlines, as well as other financial institutions increasing the company’s total funding to over $1.1 Bln. Archer also received FAA approval to begin flying its Midnight eVTOL aircraft, and reached an agreement with Boeing and Wisk to enter into an autonomous flight collaboration. These announcements come on the heels of the FAA Administrator leaving to join Archer and the DoD awarding Archer the largest total contract value of any eVTOL company. The backlog for its eVTOL vehicle, Midnight, includes U.S. airlines United and Mesa, both of which are considered strategic partners, and so is Stellantis, the auto giant responsible for being the exclusive contract manufacturer for the mass production of Midnight. Archer has some big backers behind it like wall street hedge fund heavy weight Cathie Wood. Cathie Wood Pours Millions Into ACHR, Analysts Say ACHR Has Strong Upside Potential - Here’s Why You Should Pay Attention Cathie Wood is known as a genius stock-picker of future high-flyers, and founder of $60 Bln (assets) ARK Invest, which invests in innovations like self-driving cars and genomics, heavily favoring high-growth names with disruptive qualities. Wood is one of the biggest boosters of Elon Musk's Tesla. She predicts the electric car company will someday be valued at over $3 Trl. Wood has been loading up on Archer Aviation (NYSE: ACHR). She bought 23,790,372 shares via her ARK Investment Mancgment. ARK Investment Management increased its position in Archer Aviation (NYSE: ACHR) by 159.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,790,372 shares of the company's stock after purchasing an additional 14,625,655 shares during the quarter, which currently command a market value of $120,379,000. Overall, the bulls are definitely running for ACHR, as the stock’s Strong Buy consensus rating shows – it is backed up by 5 unanimously positive analyst reviews. "5" Wall Street Analysts Predict Double Digit Upside Potential for ACHR Archer, has a long list of Wall Street analyst who are behind the stock and anticipate strong upside potential. According to the issued ratings of 5 analysts in the last year, the consensus rating for Archer Aviation stock is B∙uy based on the current 5 b∙uy ratings for ACHR. The average twelve-month price prediction for Archer Aviation is $9.60 with a high price target of $12.00 and a low price target of $8.00. [To See Complete List Go Here]( Deutsche Bank Says ACHR Will More Than Double in the Next 12 Months Analyst Edison Yu from Deutsche Bank stated that ACHR stock is a top sector pick. Deutsche Bank also cited a strong ca∙sh balance, Archer enjoys the potential of representing a top pick among manufacturers of electric vertical takeoff and landing (eVTOL) aircraft. Long attracting optimism, options traders, in particular, believe that ACHR stock could double from the present value. "Deutsche Bank is Pounding the Table on Archer Aviation" Deutche Bank analyst further stated to "Business Insider.com" that shares have even more room to run based on the financials. Specifically, Archer’s ca∙sh balance is strong, and the analyst anticipates that capital will remain robust. “All in, Archer should have enough runway for about 2 years which should be further supported by payments from the US Air Force and customer deposits,” Yu said, referencing a partnership with the Air Force that will focus on transport, logistics and rescue operations. Full Report Here Deutsche Bank has set a bullish $12 price target for Archer Aviation (NYSE: ACHR), a manufacturer of electric vertical takeoff and landing (eVTOL) vehicles. The bank's positive stance is underpinned by Archer's robust ca∙sh position and ongoing progress in securing Federal Aviation Administration (FAA) approval for its Midnight electric aircraft. Archer Continues Attracting Top Talent From Across Aviation Industry; Hires Two Leaders From Wheels Up and Delta Air Lines to Support Its Entry Into Service in 2025 - These key hires with decades of aviation industry experience have joined Archer’s commercial team as the company prepares for its planned entry into service in 2025. - Miles Rogers joined Archer as its SVP, Head of Marketing bringing 20 years of experience in private aviation to Archer including prior roles at NetJets, Wheels Up, and Marquis Jet. - Sterling Gerdes has joined Archer as its Product Lead for Vertiport Experiences after spending 7+ years as a leader at Delta Air Lines focused on bringing new products to customers including overseeing its Advanced Air Mobility strategy. SANTA CLARA, Calif., January 19, 2024--(BUSINESS WIRE)--Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced two key hires who bring decades of additional aviation experience to the company. Long-time private aviation executive, Miles Rogers, has joined Archer as its Senior Vice President, Head of Marketing, and Sterling Gerdes has joined Archer as its Product Lead for Vertiport Experiences. Rogers, who brings twenty years of experience at private aviation companies, including NetJets and most recently as the Chief Strategy Officer at Delta Air Lines-backed Wheels Up, will lead and oversee Archer’s global marketing efforts. Sterling Gerdes comes to Archer after spending over seven years at Delta Air Lines focused on bringing new products to customers including overseeing its early Advanced Air Mobility strategy. Their combined experience and skills will be integral to Archer’s commercialization efforts as the company readies for its Midnight electric air taxi’s planned entry into service in 2025. "Miles and Sterling bring the perfect mix of experience and skills to Archer’s management team as we accelerate towards commercialization in 2025," said Nikhil Goel, Archer’s Chief Commercial Officer. "At Wheels Up, Miles pioneered key strategic initiatives to build the company into a well known brand. At Delta Air Lines, Sterling oversaw the company’s early AAM strategy, with a focus on integrating eVTOL aircraft into its operations to upgrade a traveler’s home-to-airport experience. We couldn’t be more excited to have both leaders join the Archer team." "I’m honored to be joining Archer as the level of talent that has come to work here is unlike anything I’ve ever seen in my career and ensures we’re set up to successfully execute the company’s vision across every aspect of the business," said Rogers. "The value proposition Archer is poised to deliver with our Midnight eVTOL aircraft goes well beyond saving people time. We have the oppor∙tunity to change our customers' perspective on the communities they live in by providing a travel experience that unlocks new worlds of oppor∙tunity. I look forward to building out our strategic initiatives with new partners all over the world as we bring our brand to market and change the game in urban transportation." "At Delta, I had the oppor∙tunity to interact with all of the major eVTOL aircraft manufacturers globally and decided to come to Archer because for me its vision and execution have driven the company’s impressive ascent to the top of the industry over the last few years. I’m thrilled to be joining this team at such an exciting time to lead the maturation of the Archer customer experience in preparation for bringing Midnight to market," said Gerdes. Prior to Archer, Rogers was most recently at Wheels Up serving as the company’s Chief Strategy Officer, where he played an instrumental role in the company’s growth and acceptance of its unique membership model, making private aviation more accessible with an experience-focused emphasis, forging key partnerships with globally recognized brands and brand ambassadors. Before that, Rogers served as Senior Vice President of Marquis Jet, a private aviation company that was acquired by Warren Buffett’s NetJets corporation, which is a Berkshire Hathaway company. Gerdes comes to Archer after spending over seven years at Delta Air Lines, where he most recently served as its General Manager for Venture & Innovation Strategy during which time he was responsible for tech scouting and venture focused on bringing C-suite strategic initiatives to life. Prior to that, he held various leadership roles at Delta including in AI & Innovation Strategy. Archer Hires Uber Elevate Co-Founder, Nikhil Goel, As Chief Commercial Officer To Capture Strong U.S. And Global Demand For Archer’s eVTOL Aircraft As It Prepares To Bring Midnight To Market in 2025 - On the heels of adding Former FAA Administrator, Billy Nolen, Archer makes another key executive hire with Goel, the co-founder of Uber Elevate. - Goel to lead Archer’s global commercialization strategy including business development and international expansion efforts as Archer looks to capitalize on the strong global demand it is seeing. - Archer continues to execute on its commercialization strategy and is the only OEM with an aircraft order from a major U.S. airline for which it has received a ca∙sh deposit and announced multiple point-to-point routes. Nikhil Goel has joined as the company’s Chief Commercial Officer. Goel will lead the execution of Archer’s global commercialization efforts as the company prepares to bring Midnight to market in 2025 in the U.S. in partnership with United Airlines. Goel brings deep industry expertise to Archer after co-founding Uber Elevate, Uber’s air taxi division, and jointly authoring the Uber Elevate white paper that is widely credited with establishing the vision for the commercial eVTOL aircraft industry. As Chief Commercial Officer, Goel will be responsible for spearheading Archer’s commercialization strategy with a focus on bringing New York, Chicago, Los Angeles, Miami and San Francisco online as Archer’s initial domestic markets and capturing international demand by stewarding partnership oppor∙tunities across several key markets, including the Middle East, Asia, and Latin America. Goel’s addition is timely as Archer is continuing to rapidly advance its commercialization efforts after receiving a $10 Mln pre-delivery payment from United Airlines for 100 eVTOL aircraft that it anticipates deploying into the multiple point-to-point routes it has announced alongside United in the U.S. After starting at Uber as a product leader on the emerging markets and rider experience teams, Goel co-founded Uber Elevate. Working alongside NASA and Uber executives, Goel helped spearhead the vision for Uber Elevate which has, in turn, inspired the approach to commercializing the industry. In 2020, Goel helped spin off the Uber Elevate business in a strategic sale to Joby Aviation. Goel has been a Senior Advisor to Archer since 2020 and prior to Uber held roles at McKinsey & Company, Google, Microsoft, and NASA. He attended Vanderbilt University and earned his Bachelor of Science in Engineering with a double major in computer engineering and economics. "Having recently traveled around the world to the largest international markets and seen firsthand how strong the demand for our aircraft is outside the U.S., it’s clear that now is the right time to make this strategic hire and bring Nikhil on to capitalize on the sizable market oppor∙tunity for domestic and global expansion," said Adam Goldstein, Archer’s Founder and CEO. "Since day one, we’ve laid out an aggressive goal to be the first to bring an eVTOL aircraft to the UAM market, and adding Nikhil to our senior leadership team significantly bolsters our efforts to reach that goal." "My career has been focused on transforming the way people move in and around cities and enabling the future of on-demand, urban air transportation," said Nikhil Goel, Archer’s Chief Commercial Officer. "I’ve been working with Adam and the team for several years, and I believe Archer is the most well-positioned eVTOL aircraft OEM to make this vision a reality with the industry’s leading team and product. It’s an honor to join the company as Chief Commercial Officer and lead our path to market." 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. Component manufacturing is already underway for Archer’s conforming Midnight aircraft, as the company is targeting final assembly of its conforming Midnight aircraft in the fourth quarter of 2023 and to begin piloted flight test operations in early 2024. "Archer Aviation Overall Shareholder Market Oppor∙tunity" Why Archer Aviation (NYSE: ACHR)? Morgan Stanley predicts urban air mobility to be a $66 Bln market by 2035, and a $1 Trl market by 2040. Shareholders can expect long term growth and appreciation that is expected from the enormous ca∙sh position, experienced management team, and dual revenue streams. Key Company Highlights - Raised $1 Bln of Capital - Key Investors: United Airlines, Jeep, Peugeot, Fiat, Maserati, Jet.com, and Moelis group - 100 person powertrain team led by ex-VP of Engineering @ Tesla Filtering The Competitive Environment. Archer is the ONLY eVTOL company with sufficient capital and economically viable aircraft. - They raised $1 Bln. - Aircraft with range of up to 100 miles - Aircraft with payload that can truly support piloted + 4 passengers Archer Aircraft Performance Unlocked by Proprietary Powertrain - High performance & low weight motor using battery cells that are already being mass manufactured and support a level of safety equivalent to todays commercial airliners. - Powertrain team led by Dr. Michael Schwekutsch who was previously head of powertrain & VP of engineering at Tesla. - 200+ years of powertrain engineering experience on the powertrain leadership team alone. [ See Complete Company Presentation Here ]( I am urging all of my FDR members to add Archer Aviation (NYSE: ACHR) to the top of your watch list right now! To Your Trading Success, Michael Reece Editor, Financial Driven Research © 2023 Financial Driven Research, All Rights Reserved. Financial Driven Research (“FDR” or “Company”) is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or inves∙tment for any specific individual. FDR full disclosure is to be read and fully understood before using FDR website or joining FDR email or sms list. By viewing FDR website and/or reading FDR email or sms list you are agreeing to FDR full disclosure This publication may contain information regarding inves∙tment ideas and third-party ratings regarding specific securities. We hold n∙o inves∙tment licenses and are thus neither licensed nor qualified to provide inves∙tment adv∙ice. FDR nor its principals are not FINRA-registered broker-dealers or inves∙tment advisers. The content of this email should not be taken as advice, an endorsement, or a recommendation from FDR to buy or sell any security. Always be extremely careful and consult a licensed inves∙tment professional before making any inves∙tment decision as inves∙ting in securities carries a high degree of risk; you may likely lose some or all of the inves∙tment. This communication is a sponsored advertisement. FDR and/or its subsidiaries and/or affiliates has been compensated $20,000 USD to disseminate this communication. Please note we do not hold positions in stocks we profile. We do not trade in any of our sponsored advertisements, or non-sponsored profiles. We do not accept stock as a form of payment for our sponsored advertisements. Please review the full disc∙laimer at [Disc∙laimer and Disclosure Policy]( for important information regarding this sponsored advertisement. © 2023 FDR. All rights reserved., 1014 W 36th St, Baltimore, MD 21211, United States You may [unsubscribe]( or [change your contact details]( at any time. Powered by:[GetResponse](