25.01.2025 10:20:00

Should You Buy Archer Aviation Stock While It's Still Generating $0 in Sales?

Archer Aviation (NYSE: ACHR) is a U.S.-based designer and manufacturer of electric vertical takeoff and landing (eVTOL) aircraft. The company's Midnight vehicles stand out as an entry in the flying taxi space, and have recently been attracting attention from tech enthusiasts and investors alike.Even after a recent pullback for the company's share price, Archer stock is still up 74% over the last year. Thanks to the share price run-up over the stretch and new stock offered to raise funds, the company now has a market capitalization of roughly $3.8 billion. All the while, Archer hasn't generated a single dollar in revenue. It also hasn't generated a single dollar in sales since going public through a merger with a special purpose acquisition company in 2021. Zero. Zip. Nada.But while the company has generated exactly $0 in sales in its history as a publicly traded company, it has the potential to be one of this decade's most explosive stocks. If you're a risk-tolerant investor seeking innovative technology plays with massive long-term potential, read on to see why Archer Aviation stock is a great buy for 2025 and beyond.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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