Archer Aviation Shares Slide on Disappointing Q1 Guidance
Archer Aviation's stock tumbled 4.3% in after-hours trading after reporting wider-than-expected losses and issuing bleak guidance. The eVTOL company posted a Q4 EBITDA loss of $137.9 million, significantly worse than Wall Street's $122 million forecast.
First-quarter projections proved particularly alarming to investors. Archer anticipates Q1 2026 losses between $160-$180 million—nearly 50% above analyst expectations. The company maintains sufficient liquidity to reach its projected 2029 breakeven, but market patience appears to be wearing thin.
Monday's 5.8% intraday gains evaporated post-earnings as the market reassessed Archer's path to profitability. The earnings miss and elevated burn rate overshadowed the company's $2 billion cash position.
