NYSE:ACHRAerospace & Defense
Archer Aviation (ACHR) Stock May Be Reasonable Following New Aircraft News
Archer Aviation stock has fallen sharply over the past year, yet on simple market multiples it still screens as undervalued, leaving investors weighing weak recent returns against a mixed but not outright negative valuation picture.
Archer Aviation shares are down 55.9% over the past year, which signals that sentiment around the stock has been under pressure even as news flow has been active.
The new autonomous aircraft platforms with Anduril and the infrastructure push under the ACES...