We came across a bullish thesis on Archer Aviation Inc. on LongYield’s Substack. In this article, we will summarize the bulls’ thesis on ACHR. Archer Aviation Inc.'s share was trading at $7.43 as of January 29th. ACHR’s trailing P/E was 6.95 according to Yahoo Finance.
Archer Aviation is emerging as a leading player in urban air mobility with its “Midnight” eVTOL aircraft, a piloted, four-passenger air taxi featuring a 12-propeller design for low-noise, short-range city flights of 20–50 miles at speeds up to 150 mph. Since its founding in 2018 and NYSE listing in...
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