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Archer Aviation
(NYSE:ACHR)
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Rating:58Neutral
Price Target:
$6.00
▲(0.67% Upside)
Action:Reiterated
Date:08/11/26
The score reflects a high-risk profile: severe losses and substantial cash burn weigh most heavily, partially offset by a strong equity cushion and reported liquidity. Technicals are supportive with positive trend and momentum, while valuation is difficult to assess given negative earnings and no dividend yield. The earnings call adds optimism via disciplined loss guidance, major strategic transactions, and certification progress, but execution and regulatory risks remain key swing factors.
Positive Factors
Profitable aerospace acquisition
Insitu would add an established, profitable defense business with global operations, giving Archer a larger revenue base and positive cash-flow contributor while reducing reliance on the still-developing eVTOL commercialization model.
Negative Factors
Persistent losses and cash burn
Large recurring cash outflows show that Archer remains dependent on its liquidity and future financing while scaling. Continued development spending could erode the balance-sheet cushion before aircraft revenue becomes commercially meaningful.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitable aerospace acquisition
Insitu would add an established, profitable defense business with global operations, giving Archer a larger revenue base and positive cash-flow contributor while reducing reliance on the still-developing eVTOL commercialization model.
Read all positive factors
Archer Aviation Key Performance Indicators (KPIs)
Any
Operating Expense Breakdown
Details core costs like R&D, marketing, and admin, offering insight into how efficiently the company runs and where it’s prioritizing investment.
Details core costs like R&D, marketing, and admin, offering insight into how efficiently the company runs and where it’s prioritizing investment.
Data provided by:
The Fly
The FlyArcher Aviation (ACHR) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$4.54B
Dividend YieldN/A
Average Volume (3M)36.33M
Price to Earnings (P/E)―
Beta (1Y)3.21
Revenue GrowthN/A
EPS Growth15.37%
CountryUS
Employees1,160
SectorIndustrials
Sector Strength72
IndustryAerospace & Defense
Share Statistics
EPS (TTM)-1.08
Shares Outstanding770,023,800
10 Day Avg. Volume38,213,917
30 Day Avg. Volume36,329,679
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)2.13
Price to Sales (P/S)15649.31
P/FCF Ratio-9.17
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$11.60Price Target Upside94.63% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)-1.3
Revenue Forecast (FY)$14.33M
Archer Aviation Business Overview & Revenue Model
Company Description
Archer Aviation Inc. is a company focused on urban air mobility, specializing in the development, manufacturing, and operation of electric vertical takeoff and landing (eVTOL) aircraft for passenger transport. Initially incorporated as Atlas Crest...
How the Company Makes Money
Archer’s monetization model is centered on commercializing its eVTOL aircraft and, over time, participating in air mobility operations.
1) Aircraft sales and related customer programs
- Primary long-term revenue driver: selling eVTOL aircraft (e....
Archer Aviation Earnings Call Summary
Earnings Call Date:Aug 10, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Nov 05, 2026
Earnings Call Sentiment Positive
The call presents a largely positive strategic inflection: Archer announced major acquisitions and partnerships (Boeing, Wisk, Insitu, SkyGrid), meaningful product and test progress (Midnight FAA milestones, Halo/Thunder reveal, ZEE breakthroughs), and maintains strong liquidity ($1.6B). However, near-term financials still reflect sizable adjusted EBITDA losses, revenue remains small ($5M in Q2) and significant execution, integration and regulatory risks persist. On balance, the breadth of strategic wins, immediate revenue/profitability from Insitu and disciplined spend guidance outweigh the short-term challenges and timeline risks.Positive Updates
Strategic Boeing Transaction and Acquisitions
Announced agreement to acquire Wisk Aero, Insitu and SkyGrid from Boeing in an all-stock deal with Boeing taking a strategic equity stake; expected to close by year-end. Transaction positions Archer as a diversified aerospace, defense and autonomy platform and creates collaboration avenues with Boeing.
Negative Updates
Revenue Scale Remains Small
Despite 213% QoQ growth, total Q2 revenue was only $5 million — indicating core commercial revenue remains nascent relative to development spend and company scale.
Read all updates
Q2-2026 Updates
Positive
Negative
Strategic Boeing Transaction and Acquisitions
Announced agreement to acquire Wisk Aero, Insitu and SkyGrid from Boeing in an all-stock deal with Boeing taking a strategic equity stake; expected to close by year-end. Transaction positions Archer as a diversified aerospace, defense and autonomy platform and creates collaboration avenues with Boeing.
Read all positive updates
Company Guidance
Management reiterated a range of specific financial and operational targets: Q2 revenue rose to $5 million (up 213% sequentially) and Q2 adjusted EBITDA was a $177 million loss (on the low end of their $170–$200 million guidance), with Q3 adjusted EBITDA expected to remain in that $170–$200 million loss range and liquidity of $1.6 billion. They plan to close the Boeing/Wisk/Insitu/SkyGrid transaction by year‑end; Insitu is profitable today with >$200 million of annual revenue across 35 countries, has built >4,000 UAS with ~2 million autonomous flight hours, and is expected to produce positive free cash flow after closing to help keep net cash burn relatively flat through integration. Key program milestones include being in the FAA’s fourth and final type‑certification phase with a fully accepted means of compliance and an FAA‑approved quality management system (for‑credit testing this year), >150 piloted test flights (up to five flights/day, many >50 miles), planned eIPP operations later this year, Halo/Thunder first flight targeted next year with customer deliveries in 2029 and scaling in 2030 (TAM >$100B), and ZEE targeted to be revenue‑generating and profitable as early as next year with a potential ramp in the back half of 2027.Archer Aviation Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
68
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.90M | 300.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -1.60M | 0.00 | 0.00 | -5.80M | -7.70M | 0.00 |
| EBITDA | -719.20M | -597.30M | -524.90M | -451.60M | -309.60M | -239.70M |
| Net Income | -799.70M | -618.20M | -536.80M | -457.90M | -317.30M | -347.80M |
Balance Sheet | ||||||
| Total Assets | 2.21B | 2.47B | 1.00B | 554.30M | 573.80M | 768.40M |
| Cash, Cash Equivalents and Short-Term Investments | 1.56B | 1.96B | 834.50M | 464.60M | 531.20M | 746.90M |
| Total Debt | 125.60M | 121.90M | 79.00M | 23.20M | 22.20M | 23.10M |
| Total Liabilities | 298.70M | 263.10M | 248.60M | 187.20M | 80.50M | 69.50M |
| Stockholders Equity | 1.89B | 2.20B | 752.60M | 367.10M | 493.30M | 698.90M |
Cash Flow | ||||||
| Free Cash Flow | -659.10M | -511.70M | -450.60M | -315.90M | -207.30M | -111.90M |
| Operating Cash Flow | -539.50M | -432.90M | -368.60M | -271.60M | -200.40M | -108.40M |
| Investing Cash Flow | -1.01B | -1.18B | -82.00M | 420.70M | -464.30M | -3.50M |
| Financing Cash Flow | 680.10M | 1.80B | 820.40M | 250.10M | -9.90M | 822.20M |
Archer Aviation Technical Analysis
Neutral
5.96
Price Trends
5.35
Positive
5.66
Positive
6.52
Negative
Market Momentum
0.22
Positive
51.81
Neutral
6.26
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ACHR, the sentiment is Neutral. The current price of 5.96 is above the 20-day moving average (MA) of 5.96, above the 50-day MA of 5.35, and below the 200-day MA of 6.52, indicating a neutral trend. The MACD of 0.22 indicates Positive momentum. The RSI at 51.81 is Neutral, neither overbought nor oversold. The STOCH value of 6.26 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ACHR.
Archer Aviation Risk Analysis
Archer Aviation disclosed 51 risk factors in its most recent earnings report. Archer Aviation reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Archer Aviation Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
59 Neutral | $5.40B | -179.22 | -2.01% | ― | 7.85% | 22.99% | |
58 Neutral | $4.54B | -5.49 | -40.86% | ― | ― | 15.37% | |
53 Neutral | $2.82B | -7.72 | -20.75% | ― | 63.10% | 55.06% | |
50 Neutral | $861.79M | 271.83 | 0.75% | ― | 62.23% | ― | |
45 Neutral | $367.99M | -3.16 | -31.15% | ― | -3.42% | -3.03% | |
42 Neutral | $128.81M | 4.54 | -171.87% | ― | ― | ― |
* Industrials Sector Average
ACHR
Archer Aviation
5.93
-3.02
-33.74%
MRCY
Mercury Systems
90.47
22.92
33.93%
EH
Ehang Holdings
4.66
-11.17
-70.56%
EVTL
Vertical Aerospace
0.74
-4.12
-84.79%
SKYH
Sky Harbour Group
10.52
-0.02
-0.19%
RDW
Redwire
11.27
2.36
26.49%
Archer Aviation Corporate Events
Private Placements and FinancingRegulatory Filings and Compliance
Archer Aviation Registers Vendor Equity Resale Shares
Neutral
Aug 18, 2026
On August 18, 2026, Archer Aviation filed a prospectus supplement with the SEC covering the resale of 8,261,273 shares of Class A common stock that had been issued to certain vendors in exchange for services rendered and goods purchased. The share...
Business Operations and StrategyM&A Transactions
Archer Aviation to Acquire Boeing’s Wisk and Units
Positive
Aug 10, 2026
On August 9, 2026, Archer Aviation entered into a definitive agreement with Boeing to acquire all equity interests in Wisk Aero, SkyGrid and Insitu, along with related entities, in a stock-based transaction that will make Boeing a significant shar...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Archer Aviation Shareholders Uphold Structure at Annual Meeting
Neutral
Jun 30, 2026
At its 2026 Annual Meeting of Stockholders held on June 26, 2026, Archer Aviation shareholders elected Barbara Pilarski and Maria Pinelli as Class II directors to serve until the 2029 Annual Meeting or until their successors are chosen. Shareholde...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.