Added to YB: 2024-03-11
Pitch date: 2024-03-07
ACHR [bearish]
Archer Aviation Inc.
-91.24%
current return
Author Info
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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
$4.34
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
Problems at an ARK Invest Favorite - Archer Aviation Inc.
ACHR: Hyped eVTOL co w/ $3B pre-orders, no revenue, $1.1B losses. Splurges on celeb promos (Kygo, Usher) amid test flight & deal doubts. Trails Joby in progress. Cathie Wood sees 80%+ annual return. Poor Glassdoor reviews flag culture issues. Buyer beware.
Read full article (5 min)