Professional
Added to YB: 2025-05-22
Pitch date: 2025-05-20
ACHR [bearish]
Archer Aviation Inc.
+23.57%
current return
Author Info
Culper Research seeks to expose companies which have misrepresented their operations, failed to disclose significant risks, misused capital, possess accounting irregularities, or otherwise deceived investors. Sign up for the newsletter.
Company Info
Archer Aviation Inc., together with its subsidiaries, designs and develops aircraft and related technologies and services in the United States and internationally.
Market Cap
$5.3B
Pitch Price
$10.86
Price Target
N/A
Dividend
N/A
EV/EBITDA
-6.23
P/E
-6.40
EV/Sales
N/A
Sector
Aerospace and Defense
Category
N/A
Archer Aviation (ACHR): When You Can’t Earn Airtime in the Sky, Buy it on Late Night Television
ACHR short: Archer Aviation misled investors on eVTOL Midnight development. Claimed transition flight in 2024 violated FAA criteria by keeping aft rotors active & adding propeller blades. Patent reveals 'potentially catastrophic' stability issues. Recently unveiled significantly redesigned aircraft despite claiming 'no modifications needed.' Certification lags at 15%, UAE delivery promises unrealistic.
Read full article (20 min)