30.01.2025 12:00:00
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Is $20 in Sight for Archer Aviation Stock This Year?
Electric vertical takeoff and landing (eVTOL) aircraft stocks have been on fire since the start of the fourth quarter of 2024. Investors have piled into these speculative growth stocks for a bevy of reasons in recent months, including major regulatory breakthroughs in the UAE, Japan, and the U.S., that potentially pave the way for the first commercial flights later this year. Moreover, the eVTOL market is forecast to grow into a multitrillion-dollar space over the next two decades, creating a compelling opportunity for investors to get in on the ground floor of an explosive trend.Archer Aviation (NYSE: ACHR) has been among the space's best performers, with shares up 95% over the prior six months. With shares hovering around the $10 mark in recent trading sessions and sporting a $4.53 billion market cap, reaching $20 in 2025 would require the company's valuation to top $10 billion -- a feat that likely requires a major catalyst beyond commercial aviation progress.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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