22.01.2025 14:15:00

Should You Buy Archer Aviation While It's Below $10?

Investing in early-stage companies can be risky, especially when they don't even generate revenue. But sometimes, a high-risk stock can reward investors who time things right. Archer Aviation (NYSE: ACHR) has progressed in developing eVTOLs, electric vertical take-off and landing aircraft designed to travel short distances.It's among a few companies rushing to capture what some experts believe could be a $24 billion market by 2031. The company's recent progress has helped the stock take off, soaring nearly 200% since early October.Today, shares trade at just under $9. Should investors buy before the stock hits $10? The answer depends on how the company's future revenue and earnings compare to the stock's current $3.8 billion market value.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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