Archer Aviation stock down 14% due to uncertainty, no sales yet, potential $80 billion market.

From Yahoo Finance: 2025-04-27 18:15:00

Archer Aviation is developing eVTOL aircraft, including the Midnight copter and air taxi service. No sales yet, stock down 14% due to uncertainty. Air taxi partnership with Abu Dhabi and United Airlines. Potential $80 billion market by 2033. Working on projects with U.S. Department of Defense.

Tariffs could impact Archer’s production costs. Battery supplier faces 10% tariff. Semiconductors may also be affected. Company plans to ramp up production to 650 aircraft annually by 2030. Shares up 110% in the past year, no revenue yet. Investors wary of economic impact.

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Read more: Should You Buy Archer Aviation While It’s Below $10?