H.C. Wainwright holds its Buy rating on $ACHR with an $18 price target.
The firm acknowledges revenue growth and solid cash position, but notes the company is ramping up spending while still posting adjusted EBITDA losses. Classic growth-stage aviation play—burning cash to scale production and certification. The question isn't whether they're losing money now, it's whether the path to profitability is credible and the runway is long enough.
At $18, the analyst is betting the market will pay up for the story before the numbers fully arrive.
The firm acknowledges revenue growth and solid cash position, but notes the company is ramping up spending while still posting adjusted EBITDA losses. Classic growth-stage aviation play—burning cash to scale production and certification. The question isn't whether they're losing money now, it's whether the path to profitability is credible and the runway is long enough.
At $18, the analyst is betting the market will pay up for the story before the numbers fully arrive.