Archer Aviation: The Three Revenue Engines Are Igniting (Rating Upgrade)
2026-05-20 11:19:00 ET
Thesis Update
In my November 2025 coverage , I downgraded Archer Aviation Inc. ( ACHR ) from Buy to Hold on a single central concern: FAA type certification was unlikely before 2028, and the cash burn trajectory entering that rigorous phase made dilution probable and near-term stock performance difficult to defend. It was purely a "certification-waiting" story, which has now changed....
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Archer Aviation: The Three Revenue Engines Are Igniting (Rating Upgrade)NASDAQ: ACHR
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