ACHR
Archer Aviation Inc.

Archer Aviation Inc.ACHR

Industrials · Aerospace & Defense
5.71USD
+0.35%
Sep 24, 2026
ACHR overview ready
Archer is a pre-revenue advanced-air-mobility aircraft developer pursuing certification, production, and initial commercial deployment of its Midnight eVTOL aircraft, while also pursuing government and defense applications.
Narrative is still early
Exposed to the Advanced Air Mobility Commercialization narrative through eVTOL Aircraft Certification and Initial Fleet Deployment — pure play.
Price trend is broken
Longer-term context reads early recovery, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
Valuation not measured
Fundamentals under pressure
Ev / sales is weak.
Primary risk
Technology development and certification delays.
Market Sep 23Filing Jun 30Price action Sep 23Research Sep 22

Conviction Level

NarrativeHeat4.4ThemeHeat7.4PriceAction6.9Valuation0.3CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads early recovery, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
EntryReset + recovery

The stock is still rebuilding below its long-term weekly base, and the recent reset toward the daily SMA200 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$4.4B
Avg Volume (60D)
32.1M
60 sessions
Gross Margin
+14.5%
Free Cash Flow Yield
-15.0%
Distance from 200DMA
-9.6%
Next Earnings
2026-11-05
P/E
N/M
EV / Sales
422.7x
Market metrics as of Sep 23, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Both valuation perspectives agree this company is expensive.
Archer Aviation Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of what comparable businesses command.

Company Research

Thesis
Archer is a pre-revenue advanced-air-mobility aircraft developer pursuing certification, production, and initial commercial deployment of its Midnight eVTOL aircraft, while also pursuing government and defense applications.
Opportunity
Moderate opportunity
Commercialization of electric vertical-lift aircraft through aviation certification, pilot and operating-rule integration, initial fleet production, and launch-network deployment.
Key risk
Technology development and certification delays.

Narrative & Theme

Advanced Air Mobility Commercialization
Part of eVTOL Aircraft Certification and Initial Fleet Deployment, with strong fit.
ACHR is a direct, highly concentrated exposure to the advanced-air-mobility commercialization race rather than a generic aerospace adjacency.
Narrative HeatCooling4.4 / 10
Theme HeatHeating up7.4 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Industrials · Aerospace & Defense
What they do

Archer Aviation designs and develops electric vertical takeoff and landing (eVTOL) aircraft and related technologies for commercial and defense customers primarily in the United States and internationally.

How it earns

The company generates revenue through the sale and deployment of eVTOL aircraft and associated services.

Products & services
Electric vertical takeoff and landing (eVTOL) aircraft
Aircraft-related technologies and services
Customers & end markets
Commercial urban air taxi operators
Defense sector clients
Market position

Challenger in the emerging eVTOL urban air mobility market.

Demand drivers
High cyclicality

Aerospace and defense sectors are sensitive to economic cycles and capital investment trends.

Peers

Companies validated as economically comparable to ACHR — similar business, revenue model and scale.
PRICE ACTIONVALUATIONTHEME
Joby Aviation, Inc.Damaged Structure — Distribution PressureFair8.0High4.4Cooling7.4Heating upLocked$6.252.95%
BETA Technologies, Inc.New Trend — Daily AdvanceExpensive8.0High4.4Cooling7.1Heating upLocked$24.34+10.29%
EHang Holdings LimitedDamaged Structure — Distribution PressureFair8.0High4.4Cooling7.5Heating upLocked$4.583.17%