Archer Aviation Inc. Class A Common Stock (ACHR)

FairStock Score: 44/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for a durable business with a margin of safety. Archer Aviation does not yet show that. It designs eVTOL aircraft for urban air taxi and defense, but I see no demonstrated competitive moat; the record is promises, not profits. At the 2026-10-13 close of $4.44, it is valued at $3.4B while trailing EPS is -$1.08. The filed numbers are stark: in fiscal 2025, the year ended 2025-12-31, revenue was only $300,000 and net loss was $618.2M. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $5.0M and net loss was $263.2M, an EPS loss of $0.34. Fiscal Q1 2026, ended 2026-03-31, had revenue of $1.6M and net loss of $217.7M. Losses have been persistent: fiscal 2023 net loss was $457.9M, fiscal 2024 was $536.8M, and fiscal 2025 was $618.2M. Free cash flow over the trailing twelve months is -$681.0M, a -19.9% FCF yield against the $3.4B market cap. The balance sheet has low leverage, with D/E of 0.07, and an Altman Z-Score of 5.50 by FairStock's calculation. But Piotroski is 2/9, ROE is -44.47%, ROCE is -28.13%, and P/B is 1.80. There is no Lynch category because the company lost money in each of the last four years. This is not a Graham bargain; it is a speculative option on future commercialization. I would need evidence of revenue scaling and cash burn narrowing before calling it investment-grade.

In plain English: Archer Aviation is developing electric aircraft for air taxi and defense uses. It is not yet a profitable business: revenue is tiny, losses are large, and it burns a lot of cash. At $4.44 a share, the price is near the bottom of its 52-week range and looks expensive compared with current profit because there is almost none.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer