Just read a breakdown on Archer Aviation and I'm curious about the long term outlook for a company like this.
With their current cash burn and the need for more capital, how do you see them getting to profitability? Do the strategic partnerships with companies like Boeing and United Airlines give them a real shot at being a big win? Or is the constant dilution and potential execution risk just not worth it?
Trying to figure out if this is a good play over the next few years - high risk high reward? Or just a value trap like Intel? Would like to hear some opinions.
Archer Aviation
ACHR
NYSE
IPO2021
about ACHR
Archer Aviation is developing and manufacturing electric vertical takeoff and landing (eVTOL) aircraft, known as "air taxis," with the goal of revolutionizing urban transportation by offering quick, sustainable, and cost-effective aerial ride-sharing services in congested cities.
| type | open | high | low |
market cap |
volume |
|---|---|---|---|---|---|
| stock | $9.76 | $9.76 | $9.20 | $6.36B | 40.81M |
| eps |
price to earnings |
price to sales |
operating margin |
profit margin |
yield |
| -$0.36 | n/a | n/a | 0% | 0% | 0% |
Archer Aviation is linking up with the FAA in an apparent victory for electric VTOL aircraft. This is in conjunction with an increase in commercial relationships and regulators in UK, Canada, Australia, and NZ to create a certification process for future eVTOLs.
Still unclear whether Archer is just riding "flying car" hype or if they might actually have a real product on the horizon.
https://finance.yahoo.com/news/archer-aviat...