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ACHR - Archer Aviation: Valuation Ready For Liftoff
May, 09 2022 10:56 AM
Archer Aviation Inc. Class A
The company will report earnings next Thursday, May 12, before market open. Archer is backed by prominent companies and investors, including Ark Invest, JPMorgan, Ron Baron, United Airlines and others. The stock is trading at a P/B ratio of 1.29, despite a reasonable cash burn and more than US$1BN in orders already confirmed. Management is remarkably on track to achieve its lofty goals, yet the stock price fell more than 61% after it went public through SPAC. For further details see:
Archer Aviation: Valuation Ready For Liftoff
Stock Information
Company Name:
Archer Aviation Inc. Class A
Stock Symbol:
ACHR
Market:
NYSE
Website:
archer.com
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