Should You Buy Archer Aviation Below $6?

Archer Aviation (NYSE: ACHR) is pushing its electric eVTOL “flying taxi” program toward commercialization, even as its stock remains under heavy pressure. The company’s Midnight aircraft is in Phase 4 of the FAA’s four-step type certification process and is undergoing testing and validation for airworthiness. Archer also aims to start flights in Abu Dhabi in late 2026. In parallel, it is part of the White House’s eVTOL Integration Pilot Program and plans to deploy across U.S. regions. On Aug. 10, Archer agreed to acquire Boeing-linked entities Wisk Aero, SkyGrid, and Insitu in an all-stock deal—Wisk bringing 1,700 autonomous flight tests across six eVTOL generations. The article notes ACHR is down 61% from its 52-week high and trading below $6.