Archer Aviation's Stellantis Deal, Launch Program Strengthen Growth Prospects, FAA Certification Looms
1. ACHR missed Q4 earnings estimates with a loss of $1.42 per share. 2. Analyst maintained a Neutral rating with a $9 price target. 3. Cash reserves stand strong at $834.5 million. 4. FAA certification delays persist; monetization options through Launch Edition available. 5. Institutional investor confidence depends on upcoming piloted flight milestones.