Archer Aviation: Still Grounded By Market Pessimism

Summary Archer Aviation continues to transition toward a full-scale aerospace and defense business beyond air taxis while the stock is stuck at the yearly lows. The strategic deal with Boeing turns a potential competitor into a partner, adding $200M+ annual UAS revenue and key autonomous technology. The Boeing acquisition, valued at up to only $1 billion for 20% of ACHR stock, significantly expands market reach and technological capabilities. The stock is cheap at a $5 billion market cap compared to peers based on the business potential over the next few years. This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More » SerrNovik/iStock via Getty Images Archer Aviation Inc. ( ACHR ) and the eVTOL space are so out of favor right now that a big announcement with a major aircraft manufacturer hasn't kept the stock up. The company acquired some promising This article was written by Stone Fox Capital 56.67K Followers Follow Stone Fox Capital is an RIA from Oklahoma. Mark Holder is a CPA with degrees in Accounting and Finance. He is also Series 65 licensed and has 30 years of investing experience, including 15 years as a portfolio manager. Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and direct chat with Mark for questions. Learn more. Analyst’s Disclosure: I/we have a beneficial long position in the shares of ACHR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock, you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.