Should You Buy Archer Aviation Stock While It’s Below $18?

I’m thrilled about the current state of Archer’s stock, trading just under a dollar from its 52-week high of $13.92 (reached on May 16). However, it’s important to note that it’s still far from Wall Street’s peak price target of $18, which H.C. Wainwright analysts predicted in June. The optimism stems from Archer’s growth strategies: expanding its urban air taxi business, securing government contracts, and diversifying into various industries.
The question now is whether to grab Archer’s stock before it hits the $18 mark, or if we should let it take a break until it earns enough revenue to justify its escalating valuations. The decision is a fascinating one for any investor!








