Overview
- Archer shares trade near $6.50 after a yearlong slide of more than 28%.
- The company ended 2025 with about $2 billion in cash and short-term investments and carries little debt.
- Archer cleared Stage 3 of 5 in the FAA process to certify its electric vertical takeoff and landing aircraft for service.
- In the United Arab Emirates, officials identified 10 starter vertiport sites and Abu Dhabi Aviation agreed to operate Archer’s aircraft regionally.
- The Motley Fool author says the near-$5 billion valuation looks too high given Joby’s lead in Stage 4 and prefers Joby for eVTOL exposure.