Fri Sep 06 05:15:04 UTC 2024: – Research analysts at HC Wainwright issued their Q3 2024 earnings per share estimate for Archer Aviation, predicting the company will post earnings per share of ($0.37) for the quarter.
– HC Wainwright has a “Buy” rating and a $12.50 price objective on Archer Aviation stock.
– Archer Aviation last reported earnings data on August 8th, with the company beating the consensus estimate.
– Major shareholder N.V. Stellantis acquired a large number of shares of Archer Aviation stock in August.
– Institutional investors have recently added to or reduced their stakes in Archer Aviation.
– Archer Aviation designs, develops, and operates electric vertical takeoff and landing aircraft for use in urban air mobility.
– The company’s current full-year earnings estimate is ($1.20) per share.
– Archer Aviation’s stock has a 12 month low of $3.00 and a high of $7.10, with a market cap of $1.05 billion and a P/E ratio of -1.99.

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