Archer Announces Fourth Quarter and Full Year 2023 Results; Now In Final Phase of Midnight’s Certification Program as it Readies for Launch in 2025

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Go back to Archer Announces Fourth Quarter and Full Year 2023 Results; Now In Final Phase of Midnight’s Certification Program as it Readies for Launch in 2025

Cantor Fitzgerald Reiterates Overweight Rating on Archer Aviation Inc. (ACHR)

February 27, 2024 2:17 PM EST

Cantor Fitzgerald analyst Andres Sheppard reiterated an Overweight rating and $10.00 price target on Archer Aviation Inc. (NYSE: ACHR).

The analyst commented, "Archer's Order Book is Valued at Up to $3.5B, and Now Placing a Higher Emphasis on U.A.E and India Markets. In its 4Q23, ACHR disclosed that its aircraft order book is now valued at $3.5B, based on total orders of up to 700 aircraft, and at an ASP of $5M/aircraft. This order book comprises of 200 aircraft... More