Archer Aviation's potential in electric passenger drones is promising, but investors should be aware of high risks. Click here to find out why ACHR is a Sell.

Electric vertical takeoff and landing (eVTOL) aircraft stocks have been on fire since the start of the fourth quarter of 2024. Investors have piled into these speculative growth stocks for a bevy of reasons in recent months,

EVTOL operators like Joby and Archer believe their primary advantage over traditional ride-sharing options like Uber and Lyft is speed. For example, these air taxis can replace car trips in traffic that might take 60-90 minutes with a 10-20 minute flight.