The author predicts Archer Aviation (ACHR) will more than triple its revenue by the end of 2028. Archer has barely generated $7 million in revenue over the last 12 months because its Midnight aircraft still lacks FAA approval for full commercial passenger operations, while analysts expect revenue of about $506 million by 2028. Potential upside includes a planned acquisition of three Boeing subsidiaries, one a profitable drone business with over $200 million in annual revenue, and a partnership with Anduril, including a UAE commitment to buy 50 Omen systems. Still, last quarter's operating expenses of about $284 million were more than half of projected 2028 revenue, so revenue growth alone would not necessarily send the stock soaring.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Keywords
Archer Aviationair taxisaviationdefense
Open a keyword to see other news on the same topic.
Related news
- Archer Aviation Stock Is Down Roughly 50% This Year. Here's Why I'm Still Buying.
Archer Aviation (ACHR) shares have fallen from about $8 at the start of the year to about $4, but the author argues the company has made real progress. Archer completed Phase 3 of the FAA's four-phase type certification process, becoming the first eVTOL company to do so, and flew more than 70 test flights in August. Its eVTOL revenue remains zero, but it has announced plans to acquire three Boeing (BA) subsidiaries, Wisk Aero, SkyGrid and Insitu, with Insitu, a profitable military drone maker, generating over $200 million in annual revenue. Archer posted just $5 million in revenue last quarter against expenses of about $284 million, and Boeing would receive a substantial stake that dilutes existing shareholders if the deal closes.
- The US$4 billion international airport Vietjet is set to fly from: just 6 flights a day, rail link unfinished, bus into the city costs nearly 1 million dong
Western Sydney International, a A$5.6 billion airport about 50 km from the city centre, welcomed its first passenger flight on Sunday (18 October), a Jetstar service to Gold Coast, but its commercial outlook is in question. Cirium data show it has attracted only a few airlines and is expected to host at most about 6 scheduled flights a day over the next 12 months, as the Iran conflict pushes up fuel costs and many carriers, including Qantas, cut domestic routes. The rail link is not expected until 2027 at the earliest, while a bus to central Sydney costs A$55 and takes about an hour, compared with a 20-minute taxi or train ride from Sydney Kingsford Smith airport. University of Sydney transport professor David Levinson believes forecasts of 8.4 million passengers a year by the end of the decade are optimistic. The airport's advantage is that it is not subject to a night curfew, and it aims to serve 82 million passengers a year by 2063.
- Airline industry braces for years of turbulence
Airline executives told the Financial Times that fuel prices surging after the Iran war could become the new normal, forcing carriers to keep raising fares and possibly scale back growth plans or cut fleets. TAP Air Portugal's CEO Luís Rodrigues expects three to five difficult years because pricing power is limited. So far demand holds up: OAG estimates 2.3 billion bookings in the first half, up 1% year on year, even as fares rose. Executives worry that fuel-driven inflation will erode household purchasing power, and many carriers plan further fare hikes as fuel hedges expire. Abra's CEO Adrian Neuhauser said the industry could end up smaller than it otherwise would, while SunExpress's Marcus Schnabel said AI is 'not free' and must compete with aircraft purchases for capital.
- Robot factories and hypersonic missiles: JPMorgan Chase’s first $5 billion of defense investments
JPMorgan Chase said it has made $5 billion in startup investments in the first year of its U.S. security and resiliency initiative, a faster pace than expected. The bank had pledged $10 billion into startups over a decade and may expand the program beyond that amount, according to co-president Doug Petno. Among the disclosed stakes, JPMorgan has taken direct positions in Hadrian, which builds automated factories making parts for defense, aerospace and maritime companies, and Castelion, maker of the relatively low-cost hypersonic missile Blackbeard. The bank helped lead a $1.4 billion funding round for Hadrian and was involved in a $1 billion round for Castelion. The direct equity stakes mark a departure from JPMorgan's usual role as a lender and advisor.
- JPMorgan Deployed $230 Billion in First Year of Security Effort
JPMorgan Chase deployed $230 billion of capital in the first year of its decade-long plan to invest $1.5 trillion in industries that strengthen US economic security, such as energy independence and defense and aerospace. Deals include Korea Zinc's $7.4 billion smelter in Tennessee, Fervo Energy's IPO, and debt financing for Drax's purchase of Bluefield Solar Income Fund. About 15% of the initial pledge was deployed in year one, though CEO Jamie Dimon says the total could be far bigger. Co-president Doug Petno said the opportunity is greater and the challenges more complex than expected. The bank has more than 35 dedicated bankers, and Todd Combs has allocated $5 billion of up to $10 billion in the firm's own capital.
- One Year In, JPMorganChase's Security and Resiliency Initiative Is Helping to Strengthen Industries Critical to Long-Term Economic Growth
One year after launching its $1.5 trillion Security and Resiliency Initiative (SRI), JPMorganChase said it has deployed $5 billion in equity investments through its Strategic Investment Group, half of its initial $10 billion SRI allocation. The firm has financed and facilitated more than $230 billion in transactions across SRI's focus areas, including supply chains and advanced manufacturing, defense and aerospace, energy, frontier technologies, and pharma and healthtech. The Strategic Investment Group, led by Todd Combs, invests in venture, growth and later-stage companies, while a team of more than 35 SRI professionals has expanded the initiative to Europe and Canada. Nearly one-third of SRI-related activity in the past year occurred outside the United States, as many critical technologies and supply chains cross borders. Chairman and CEO Jamie Dimon said strong economies and national security require investment in infrastructure, manufacturing, energy, defense and innovation.
Related markets
Latest news
- TRX Gold to Present at Red Cloud's Fall Mining Showcase 2026
TRX Gold will present at Red Cloud's Fall Mining Showcase 2026, an in-person conference at the Omni King Edward Hotel in Toronto on October 28 and 29, 2026. Stephen Mullowney is scheduled to present on Thursday, October 29, 2026 at 12:00 PM Eastern. The release describes the company as a gold producer advancing the Buckreef Gold Project in Tanzania, which includes an established open pit and a 2,000 tonnes per day plant. The May 2025 PEA outlines average annual gold production of 62,000 oz over 17.6 years.
- Tesla Stock vs. the S&P 500: Which Investment Wins Through 2030?
The article argues Tesla trades at roughly 203 times this year's expected earnings and 13 times expected sales, a valuation that looks very expensive given gross margin pressure and a slower-than-expected robotaxi rollout. The flying Roadster, slated for production in 2028, is unlikely to make a meaningful sales or earnings contribution before 2030. The author thinks a Tesla-SpaceX merger by the end of the decade, likely an all-stock deal, is more likely than not and would be a key factor in how Tesla stock performs against the S&P 500 through 2030.
- SpaceX surprises Wall Street with Oct. 20 earnings date — here's why
SpaceX (SPCX) will release earnings on Oct. 20 after the market close, a surprise since earnings dates are usually shared weeks in advance. Evercore ISI analyst Kutgun Maral says possible reasons include putting updated financials on record before new financing or getting ahead of major lock-up releases, though scheduling is also possible. Reuters reported SpaceX is seeking $40 billion in financing to buy advanced Nvidia AI chips, including about $10 billion in bank loans and $30 billion in investment-grade debt, with Apollo expected to lead. The lock-up schedule includes 1.30 billion shares two days after earnings, 329 million on 10/24, and a remaining 857 million tranche of the 180-day group.
- AEP Partners with Amazon and X-energy to Explore Advanced Nuclear Energy in Indiana
American Electric Power (AEP) has announced a joint development agreement with X-energy to evaluate the feasibility of a 960-megawatt advanced nuclear project at a former coal plant site in Sullivan County, Indiana. Amazon is supporting development through a funding agreement. If the project reaches a final investment decision and is built, Amazon intends to buy the power under a long-term contract covering the facility's costs and operations. The initial project would include 12 Xe-100 units of 80 MW each, and the companies say it could create jobs, expand the local tax base and strengthen the grid for more than 60 years. AEP says the agreements include the financial safeguards it considers essential for any nuclear project to move forward.
- Talamore Marks One Year at Coffee with Major Advances Toward a 2027 Construction Decision
Talamore Mining marks one year since closing its acquisition of the Coffee Gold Project in Yukon, Canada, from Newmont Corporation on October 17, 2025. The company has assembled a financing package of up to C$688 million, including a C$149.5 million equity offering, a C$450 million secured project debt facility and up to C$88 million from a warrant early-exercise program. A primary road permit received in August 2026 allows completion of the 214-kilometre Northern Access Route from Dawson City. The February 2026 Preliminary Economic Assessment outlined a 13-year open-pit heap leach mine with an after-tax NPV (5%) of US$2.3 billion and an after-tax IRR of 47.8%. G Mining Services is completing the Feasibility Study, expected in Q1 2027, ahead of a construction decision targeted for the first half of 2027.
- Tiger Gold Extends Mineralization to the South at Ceibal, Drilling 268 m @ 0.5 g/t Au from Surface
Tiger Gold reported assay results from hole CEDDH-023 at its Ceibal target within the Quinchía Gold Project in Colombia. The hole intersected 268 metres grading 0.5 g/t Au from surface, extending mineralization south into a previously untested part of the corridor. Mineralization remains open to the west and southwest, where additional holes are testing for extension, and assays from Ceibal and Tesorito are pending. The drilling is intended to support a maiden Mineral Resource estimate, targeted for near the end of Q1 2027.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.