Founded in 2018, Archer Aviation (ACHR -4.46%) designs electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. Its flagship aircraft, Midnight, is built to carry four passengers and a pilot up to 100 miles at speeds of 150 mph, while operating far more quietly than helicopters.
Led by co-founder and CEO Adam Goldstein, Archer is working to secure FAA certification for Midnight as of late 2025. The company went public via a SPAC merger in 2021, and its stock has been volatile, trading around $9 at the end of 2025.
In this guide, we’ll cover how to buy Archer Aviation stock, key factors to consider before investing, and alternative ways to gain exposure.
How to buy Archer Aviation stock
Because Archer Aviation is publicly traded, the process of buying it is similar to purchasing shares of any other U.S.-listed stock. Here are the important steps you should follow to buy shares.
- Open your brokerage account: Log in to your brokerage account where you handle your investments. If you don't have one yet, take a look at our favorite brokers and trading platforms to find the right one for you.
- Search for Archer Aviation: Enter the ticker "ACHR" into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.
Should you invest in Archer Aviation?
Archer Aviation is a speculative investment best suited for investors with a long time horizon, high risk tolerance, and a well-diversified portfolio. If you prefer profitable, dividend-paying companies in established industries, this stock is likely not a fit.
Once it receives FAA certification, Archer plans to operate two businesses: Archer UAM, a direct-to-consumer urban air taxi service, and Archer Direct, which sells aircraft to third-party operators. Management believes its vertically integrated model could enable competitive pricing versus ground-based ride-sharing.
Archer has lined up strategic partners to support commercialization, including a conditional aircraft purchase agreement with United Airlines worth up to $1.5 billion and manufacturing support from Stellantis.
That said, Archer currently generates no revenue and remains dependent on regulatory approval. The company is investing heavily in manufacturing and supply chain readiness so it can scale production once certification is secured.
NYSE: ACHR
Key Data Points
Is Archer Aviation profitable?
Archer Aviation is not profitable and is still technically in the pre-revenue stage of its business while its flagship aircraft, awaits FAA certification. Profits are unlikely to occur for at least the first few years of official business operations.
Does Archer Aviation pay a dividend?
Archer Aviation does not pay a dividend. The stock is pre-revenue and has no earnings, so a dividend is not a realistic expectation for investors to have in the near future.
Will Archer Aviation stock split?
Archer Aviation had no plans to split its stock in late 2025. Most companies only do a stock split when the price of shares has become too high for the average investor to purchase. Given the volatile state of Archer Aviation's shares, which were still just around $10, a stock split does not seem likely in the near future.
The bottom line
Archer Aviation is training its focus on strengthening its supply chain and manufacturing abilities while building piloted aircraft to be used in testing and early commercial deployment, assuming its Midnight aircraft receives the FAA's final stamps of approval.
Management believes that the market opportunity for Archer Aviation and its Midnight aircraft is tremendous, while they admit that this space is still incredibly underdeveloped. That said, the air taxi and ride-sharing industry present a space ripe for disruptors to take a foothold and build an emerging market into a dynamic operating environment.
Archer Aviation could be one of them. The company reportedly had an order backlog topping $6 billion in late 2025. The use cases for Archer Aviation's Midnight aircraft and any subsequent aircraft series remains immense, from defense applications to handling consumer ride-sharing needs.
Shares of Archer Aviation are close to IPO prices at the time of this article. For long-term investors with a healthy appetite for risk, Archer Aviation's potential may warrant a second look or even a moderate investment.
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