◆ NeutralACHRACHR.WSJOBYJOBY.WSSTLAUAL
Time to Sound the Alarm on Archer Aviation?
The Motley Fool·
Archer Aviation's stock has plummeted 71% from its $17.14 peak to under $5, falling short of production targets with only two test aircraft completed versus promised 10 in 2024. While the company faces disadvantages against competitor Joby Aviation in FAA certification and aircraft performance, it maintains a $6 billion backlog and support from investor Stellantis. Analysts project significant revenue growth from 2026-2028, and at 7x 2028 sales, Archer appears reasonably valued compared to Joby's 19x multiple, suggesting investors should wait for FAA certification rather than panic sell.
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