Is Archer Aviation Stock a Buy Before Its Q3 Earnings Report?
Archer Aviation is scheduled to report Q3 earnings on Nov. 9. While the planned acquisition of Boeing subsidiaries (Wisk Aero, Insitu, and SkyGrid) could significantly boost revenue by over $200 million annually, it will also cause shareholder dilution. The company is expected to report substantial losses ($170-200 million adjusted EBITDA loss), and with an uncertain FAA certification timeline, the author recommends waiting for more material progress before investing.