Yahoo Finance Analysis: Archer Aviation's stock price has fallen 62% from its peak to the $5.50 range, and it will acquire three Boeing subsidiaries through a new share issuance.

Shares of Archer Aviation, an electric vertical takeoff and landing (eVTOL) aircraft manufacturer, have fallen approximately 62% from their October 2025 high of $14.62 and are currently trading in the $5.50 range. The company will acquire Boeing's Insitu (a profitable defense drone hardware and software company with annual sales of approximately $200 million), eVTOL expert Wisk Aero, and air traffic management software expert SkyGrid through a new share issuance. Boeing will receive a 16.5% stake in Archer, leading to dilution for existing shareholders. Archer reported Q2 revenue of $5 million and a non-GAAP EBITDA loss of $177.1 million, and it anticipates an adjusted EBITDA loss of $120 million to $170 million for the current quarter. The article suggests that despite Archer's ongoing cash burn and dilution risks, its partnerships with Boeing and Stellantis strengthen its foundation, and its position in next-generation autonomous aviation technology may make it a worthwhile purchase for investors with a high-risk tolerance.