Latest news with #Midnight
Yahoo
an hour ago
- Business
- Yahoo
Should You Buy Archer Aviation Stock While It's Below $10.50?
Archer Aviation is a leader in the air taxi industry with its electric vertical takeoff and landing (eVTOL) aircraft, Midnight. The company is collaborating with U.S. regulators, who have announced a five-country alliance aimed at streamlining the certification and deployment of eVTOLs. Archer anticipates launching air taxi services in Abu Dhabi this year and major U.S. cities in 2026, although some have expressed concerns over potential delays. 10 stocks we like better than Archer Aviation › Archer Aviation (NYSE: ACHR) is a trailblazer in the exciting new world of air taxis. With its groundbreaking electric vertical takeoff and landing (eVTOL) aircraft, Archer is setting out to revolutionize urban transportation as we know it. The company is partnering closely with U.S. regulators to bring its game-changing aircraft, Midnight, to the skies. Recently, Adam Goldstein, Archer's founder and CEO, joined leaders from the Federal Aviation Administration (FAA) and the Department of Transportation (DOT) to announce a five-country alliance dedicated to streamlining the certification and deployment of eVTOLs worldwide. As Archer leads the way in this new form of transportation, investors may be wondering: Is now the time to dive in and buy stock while it's priced below $10.50 per share? Let's explore the potential of this innovative company and what investors have to look forward to. CEO Adam Goldstein recently joined U.S. Transportation Secretary Sean Duffy and acting FAA Administrator Chris Rocheleau to announce a five-country alliance, which includes the United States, the United Kingdom, Australia, Canada, and New Zealand, to streamline the rollout of eVTOLs globally. This news bodes well for Archer, a frontrunner in the air taxi industry that has been collaborating with major airlines, including United Airlines and Southwest Airlines. It plans to introduce air taxi services in major U.S. cities, including New York, Los Angeles, San Francisco, and Miami. It hopes to roll out these services as soon as next year, and has been designated as the official air taxi provider for the 2028 Olympic Games in Los Angeles. Archer has enjoyed robust demand, as evidenced by its order book for its Midnight aircraft, which is valued at nearly $6 billion. This demonstrates strong customer interest and shows the potential for significant growth in the years ahead as Archer fulfills these orders. The company is actively seeking approvals and certifications, and it appears that President Donald Trump's administration is keen on advancing this technology, helping it progress through regulatory hurdles. Archer has also introduced a Launch Edition program that allows it to deliver Midnight aircraft to customers in select countries before they receive full certification from the U.S. FAA. The company will roll out its air taxi service in Abu Dhabi, United Arab Emirates, later this year. As part of its initiative, it has chosen Abu Dhabi Aviation (ADA), the largest commercial helicopter operator in the Middle East, as its first "Launch Edition" customer. The General Civil Aviation Authority (GCAA) of the UAE has collaborated with Archer to create a certification plan for the Midnight aircraft. This plan outlines the necessary steps for the aircraft to enter the UAE market. Furthermore, the first hybrid heliport conversion in the UAE has received design approval, enabling Archer to capitalize on existing airspace regulations, zoning, and structures. Archer's management is optimistic about meeting its launch timeline, but analysts like Bill Peterson from J.P. Morgan have raised some concerns. He cautions that the commercialization process may take longer than anticipated. If that ends up being the case, Archer stock could take a hit on the delayed timeline. Archer is still in its early stages and hasn't yet started generating revenue. Its primary commercial operations are expected to kick off later this year and into next year in the U.S. However, the company will continue to spend money as it works through the certification process, scales up manufacturing of its Midnight aircraft, and rolls out its commercial services on a wide scale. As a pre-revenue company, funding is crucial for Archer's chances of success and scaling up. Fortunately, the company is well-positioned in this regard. Following the recent flurry of good news, Archer raised $850 million in funds, its most significant capital raise to date. The company now has over $1.85 billion in capital following the raise. Although the company has some funding now, it might need to raise more money to expand its production and develop its business as it grows. Another thing to keep in mind is that analysts don't forecast Archer becoming cash-flow-positive until 2028, making further capital raises, which dilute shareholders, a real possibility. Investors optimistic about the future growth of Archer and air taxis may consider buying some shares today. However, keep in mind that the company has yet to initiate commercial operations and must still achieve regulatory approvals and achieve widespread acceptance of its new mode of travel. For this reason, Archer is best suited for very aggressive investors with a long-term perspective who are willing to endure what will likely be a volatile few years. Before you buy stock in Archer Aviation, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Archer Aviation wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $704,676!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $950,198!* Now, it's worth noting Stock Advisor's total average return is 1,048% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 JPMorgan Chase is an advertising partner of Motley Fool Money. Courtney Carlsen has positions in JPMorgan Chase. The Motley Fool has positions in and recommends JPMorgan Chase. The Motley Fool recommends Southwest Airlines. The Motley Fool has a disclosure policy. Should You Buy Archer Aviation Stock While It's Below $10.50? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Archer Aviation's Midnight Aircraft Sets Course for Global Takeoff (Revised)
Archer Aviation Inc. ACHR, as a prominent electric vertical takeoff and landing (eVTOL) aircraft developer, is aiming to transform urban air mobility through its flagship aircraft, Midnight. Built for short, frequent flights of 20–50 miles, Midnight aircraft is nearing its commercial rollout following a handful of regulatory approvals and strategic partnerships ACHR has signed June 2025, Archer Aviation signed a strategic partnership with Jetex to develop infrastructure at the latter's network of private terminals for facilitating Midnight aircraft's upcoming commercial air taxi operations. The partnership will initially concentrate on facilities in the United Arab Emirates, with plans to scale across Jetex's broader portfolio of 40 private terminals in more than 30 countries to this, ACHR joined U.S. and international regulators to launch a five-nation alliance aimed at streamlining global certification and deployment of its Midnight eVTOL flight testing already underway and certification efforts in progress, the Midnight aircraft remains well-positioned to take-off smoothly, further supported by the aforementioned strategic moves undertaken by ACHR. With demand for faster, cleaner and more efficient urban transportation on the rise, the eVTOL industry is attracting growing interest from both investors and aviation leaders. Thus, Archer Aviation apart, other players like Joby Aviation Inc. JOBY and Embraer ERJ are also making notable progress in this Aviation is advancing rapidly with its air taxi program. It has completed more than 40,000 miles of test flights and is now operating six aircraft in its test fleet. It plans to launch commercial passenger services in cities like Los Angeles, New York and the other hand, Embraer's Eve Air Mobility is developing an eVTOL aircraft focused on regional transport. Eve has gained strong industry interest, supported by Embraer's experience in commercial aviation and existing relationships with global airlines. The company is also focused on building urban air traffic management systems to support the safe integration of eVTOLs into city airspace. Shares of ACHR have gained 173.2% in the past year compared with the industry's 16.4% growth. Image Source: Zacks Investment Research The company's shares are trading at a discount on a relative basis, with its trailing 12-month Price/Book being 5.43X compared with its industry's average of 5.87X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for ACHR's 2025 and 2026 loss has improved over the past 60 days. Image Source: Zacks Investment Research ACHR stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. (We are reissuing this article to correct a mistake. The original article, issued on June 24, 2025, should no longer be relied upon.) Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Embraer-Empresa Brasileira de Aeronautica (ERJ) : Free Stock Analysis Report Joby Aviation, Inc. (JOBY) : Free Stock Analysis Report Archer Aviation Inc. (ACHR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Tom's Guide
3 days ago
- Entertainment
- Tom's Guide
Netflix drops first look at new action-thriller series — and it already sounds like a gripping binge-watch
Perfectly timed for a mid-summer adrenaline boost, Netflix has dropped the first-look images and a teaser for its upcoming Korean action‑thriller series 'Trigger,' set to premiere July 25, 2025. The teaser introduces a world where illegal firearms flood gun‑restricted South Korea, upending the peace as two men find themselves at the heart of the chaos. As someone who lives for intense stories rooted in realism, 'Trigger' has officially been added to my summer must‑watch list. Leading the charge is veteran actor Kim Nam‑gil, taking on the role of Lee Do, a man forced to confront an unrelenting underworld. He's joined by Kim Young‑kwang as Moon Baek, whose allegiance and ambitions could tip the scales. The first teaser alone includes blazing gunfire, tense alleyway standoffs, and the intense focus etched across Kim's face as he wanders through a cloud of smoke. It's clear Netflix is going all-in on a high-adrenaline vibe with 'Trigger.' We're still waiting on a full trailer, but based on the premise and visuals so far, this looks like a gritty, fast-paced thriller with serious global potential. And if, like me, you're into explosive showdowns and characters operating on the edge, 'Trigger' is already shaping up to be a must-watch this July. So, here's your all‑access pass to what we know so far about 'Trigger' before it lands on Netflix next month. Netflix also dropped a small logline for the show, which reads: 'Illegal firearms appear and shooting incidents continue to occur in previously gun-free Korea, and two men pick up their guns for different reasons.' Get instant access to breaking news, the hottest reviews, great deals and helpful tips. Lee Do (Kim Nam-gil) is a former sniper turned relentless detective, who's on a mission to track down the source of a deadly wave of illegal firearms. Opposite him is Moon Baek (Kim Young-kwang), a slippery, unpredictable character who keeps his true intentions well hidden behind a laid-back persona. With two seasoned action-thriller stars leading the charge, it's no surprise that excitement for 'Trigger' is already building fast. Plus, this is classed as a limited series, which means it's perfect for a quick, satisfying binge. You can dive in and power through the entire thriller without any long waits, and I know Netflix viewers will appreciate having the full adrenaline rush all at once. Adding to the anticipation is writer-director Kwon Oh-seung, whose work on the thriller 'Midnight' (a standout at the Fantasia International Film Festival) earned him plenty of acclaim. When speaking to Netflix, Oh-seung said: 'It is a story about a situation that we all have imagined at least once. This series explores guns from a different perspective, putting them at the center of the story.' The teaser trailer reveals a tense world where mysterious firearms start appearing all over the country, sparking widespread unrest. Caught in the middle of this turmoil, Lee Do begins digging into what's really going on behind the scenes, as the sudden spread of guns in South Korea turns society upside down. A thriller should always get your heart racing, and if it doesn't, it's clearly doing something wrong. That's exactly why I love 'Midnight' since it keeps me tense and hooked every time I watch. Hence why I'm very curious to see 'Trigger.' If it captures even a fraction of that same energy and visual flair, it's going to be an explosive thriller that action fans won't want to miss. You can stream 'Trigger' on Netflix starting July 25.
Globe and Mail
3 days ago
- Business
- Globe and Mail
Archer Aviation's Midnight Aircraft Sets Course for Global Takeoff (Revised)
Archer Aviation Inc. ACHR, as a prominent electric vertical takeoff and landing (eVTOL) aircraft developer, is aiming to transform urban air mobility through its flagship aircraft, Midnight. Built for short, frequent flights of 20–50 miles, Midnight aircraft is nearing its commercial rollout following a handful of regulatory approvals and strategic partnerships ACHR has signed lately. In June 2025, Archer Aviation signed a strategic partnership with Jetex to develop infrastructure at the latter's network of private terminals for facilitating Midnight aircraft's upcoming commercial air taxi operations. The partnership will initially concentrate on facilities in the United Arab Emirates, with plans to scale across Jetex's broader portfolio of 40 private terminals in more than 30 countries worldwide. Prior to this, ACHR joined U.S. and international regulators to launch a five-nation alliance aimed at streamlining global certification and deployment of its Midnight eVTOL aircraft. With flight testing already underway and certification efforts in progress, the Midnight aircraft remains well-positioned to take-off smoothly, further supported by the aforementioned strategic moves undertaken by ACHR. Rising Competition in the eVTOL Space With demand for faster, cleaner and more efficient urban transportation on the rise, the eVTOL industry is attracting growing interest from both investors and aviation leaders. Thus, Archer Aviation apart, other players like Joby Aviation Inc. JOBY and Embraer ERJ are also making notable progress in this industry. Joby Aviation is advancing rapidly with its air taxi program. It has completed more than 40,000 miles of test flights and is now operating six aircraft in its test fleet. It plans to launch commercial passenger services in cities like Los Angeles, New York and Dubai. On the other hand, Embraer's Eve Air Mobility is developing an eVTOL aircraft focused on regional transport. Eve has gained strong industry interest, supported by Embraer's experience in commercial aviation and existing relationships with global airlines. The company is also focused on building urban air traffic management systems to support the safe integration of eVTOLs into city airspace. ACHR's Price Performance, Valuation and Estimates Shares of ACHR have gained 173.2% in the past year compared with the industry 's 16.4% growth. The company's shares are trading at a discount on a relative basis, with its trailing 12-month Price/Book being 5.43X compared with its industry's average of 5.87X. The Zacks Consensus Estimate for ACHR's 2025 and 2026 loss has improved over the past 60 days. ACHR stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. (We are reissuing this article to correct a mistake. The original article, issued on June 24, 2025, should no longer be relied upon.) Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Embraer-Empresa Brasileira de Aeronautica (ERJ): Free Stock Analysis Report Joby Aviation, Inc. (JOBY): Free Stock Analysis Report
Yahoo
4 days ago
- Business
- Yahoo
Archer Aviation's Midnight Jet Sets Course for Global Takeoff
Archer Aviation Inc. ACHR, as a prominent electric vertical takeoff and landing (eVTOL) aircraft developer, is aiming to transform urban air mobility through its flagship aircraft, Midnight. Built for short, frequent flights of 20–50 miles, Midnight aircraft is nearing its commercial rollout following a handful of regulatory approvals and strategic partnerships ACHR has signed June 2025, Archer Aviation signed a strategic partnership with Jetex to develop infrastructure at the latter's network of private terminals for facilitating Midnight jet's upcoming commercial air taxi operations. The partnership will initially concentrate on facilities in the United Arab Emirates, with plans to scale across Jetex's broader portfolio of 40 private terminals in more than 30 countries to this, ACHR joined U.S. and international regulators to launch a five-nation alliance aimed at streamlining global certification and deployment of its Midnight eVTOL flight testing already underway and certification efforts in progress, the Midnight jet remains well-positioned to take-off smoothly, further supported by the aforementioned strategic moves undertaken by ACHR. With demand for faster, cleaner and more efficient urban transportation on the rise, the eVTOL industry is attracting growing interest from both investors and aviation leaders. Thus, Archer Aviation apart, other players like Joby Aviation Inc. JOBY and Embraer ERJ are also making notable progress in this Aviation is advancing rapidly with its air taxi program. It has completed more than 40,000 miles of test flights and is now operating six aircraft in its test fleet. It plans to launch commercial passenger services in cities like Los Angeles, New York and the other hand, Embraer's Eve Air Mobility is developing an eVTOL aircraft focused on regional transport. Eve has gained strong industry interest, supported by Embraer's experience in commercial aviation and existing relationships with global airlines. The company is also focused on building urban air traffic management systems to support the safe integration of eVTOLs into city airspace. Shares of ACHR have gained 173.2% in the past year compared with the industry's 16.4% growth. Image Source: Zacks Investment Research The company's shares are trading at a discount on a relative basis, with its trailing 12-month Price/Book being 5.43X compared with its industry's average of 5.87X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for ACHR's 2025 and 2026 loss has improved over the past 60 days. Image Source: Zacks Investment Research ACHR stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Embraer-Empresa Brasileira de Aeronautica (ERJ) : Free Stock Analysis Report Joby Aviation, Inc. (JOBY) : Free Stock Analysis Report Archer Aviation Inc. (ACHR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
