Is ACHR a good long term investment

**Archer Aviation (ACHR) does not appear to be a strong candidate for long-term investment at this time.** Here's why:

1. **Financial Performance**: Archer Aviation has reported a net loss of $457.9 million for the fiscal year 2023, with total operating expenses of $446.9 million. The company's negative net profit margin of -63.73% as of June 30, 2024, indicates that it is currently unprofitable.

2. **Revenue Growth**: The company's revenue has not yet been reported for the most recent quarter, which makes it difficult to assess the current revenue growth rate.

3. **Operational Challenges**: Archer Aviation is in the early stages of commercializing its electric vertical take-off and landing (eVTOL) aircraft, which is a high-risk endeavor. The company's reliance on external capital to fund its operations raises concerns about dilution and the impact on existing shareholders.
4. **Market and Competition**: The eVTOL market is still in its infancy, and Archer faces significant competition from other companies in the space. While analysts have set an average price target that suggests a potential upside, the stock has experienced a significant decline since its inception, which may indicate market skepticism about its future prospects.

5. **Regulatory Hurdles**: The FAA certification process for Archer's eVTOL aircraft is a critical milestone, but it is not guaranteed, and the company's progress toward commercialization is uncertain.

In conclusion, Archer Aviation's financial performance, operational challenges, and uncertain regulatory landscape make it a risky long-term investment. Potential investors should consider these factors and weigh them against the company's potential for future growth and profitability.