Down 70%, Is Archer Aviation Stock a Buy in 2024?

By Parkev Tatevosian, CFA – Jan 18, 2024 at 4:48PM

NYSE: ACHR

Archer Aviation

Market Cap

$1B

Today's Change

(0.92%) $0.03

Current Price

$3.30

Price as of June 3, 2024, 4:00 p.m. ET

Archer Aviation is expected to generate significant revenue in the next two years.

Fool.com contributor Parkev Tatevosian reviews Archer Aviation (ACHR 0.92%) to answer if the stock is a buy on the dip.

*Stock prices used were the afternoon prices of Jan. 16, 2024. The video was published on Jan. 18, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.