Shares of Archer Aviation Inc. (NYSE:ACHR – Get Free Report) rose 2.7% during trading on Tuesday . The stock traded as high as $6.30 and last traded at $6.2850. Approximately 29,518,177 shares were traded during trading, a decline of 21% from the average daily volume of 37,470,992 shares. The stock had previously closed at $6.12.
More Archer Aviation News
Here are the key news stories impacting Archer Aviation this week:
- Positive Sentiment: Bullish media pieces and investor write-ups highlight the long‑term eVTOL opportunity and low current valuation, which can attract speculative buying. Is Archer Aviation Inc. (ACHR) A Good Stock To Buy Now?
- Positive Sentiment: Archer escalated an intellectual‑property dispute with competitor Joby — a move some investors view as protecting competitive position and potentially increasing perceived defensibility. Archer escalates IP battle against Joby in eVTOL market
- Positive Sentiment: Institutional buyers continue to hold and increase positions (Vanguard, ARK, State Street, Morgan Stanley reported larger stakes), which supports a base of demand for the shares. MarketBeat Archer profile
- Neutral Sentiment: Analyst coverage remains mixed but tilted positive: consensus is a “Moderate Buy” with an average target around $12 — helpful context but far above current levels, so upside depends on execution. MarketBeat analyst consensus
- Negative Sentiment: Insider selling: multiple senior executives disclosed sales on March 13 (CFO Priya Gupta: 7,263 shares; Tosha Perkins: 10,949; Eric Lentell: 8,059; CTO Thomas Paul Muniz: 9,580). Trades were at roughly $6.27 each — modest in dollar terms relative to institutional holdings but interpreted by some as a negative signal. SEC filings: Priya Gupta Form 4, Tosha Perkins Form 4, Eric Lentell Form 4
- Negative Sentiment: Operational/execution concerns remain prominent — reporting notes fewer-than-expected aircraft deliveries, FAA approvals still required, and postponed launches (e.g., Abu Dhabi), which hurt near‑term revenue visibility and valuation. Archer setbacks test execution
- Negative Sentiment: Recent quarterly results missed estimates (EPS and revenue), underscoring that profitability and meaningful revenue are still some ways off — a continued headwind for investors focused on fundamentals. Earnings summary
Wall Street Analysts Forecast Growth
Several research analysts recently weighed in on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Archer Aviation in a research report on Wednesday, January 21st. Needham & Company LLC reduced their target price on Archer Aviation from $10.00 to $9.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Archer Aviation in a research note on Monday, November 24th. Canaccord Genuity Group increased their price target on Archer Aviation from $12.00 to $13.00 and gave the stock a “buy” rating in a report on Friday, November 21st. Finally, The Goldman Sachs Group started coverage on Archer Aviation in a research report on Monday, December 1st. They set a “neutral” rating and a $11.00 price objective for the company. Five equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $12.00.
Archer Aviation Stock Up 2.7%
The company has a debt-to-equity ratio of 0.05, a current ratio of 19.89 and a quick ratio of 19.89. The firm’s 50-day moving average price is $7.46 and its 200 day moving average price is $8.61. The firm has a market capitalization of $4.09 billion, a price-to-earnings ratio of -6.35 and a beta of 3.10.
Archer Aviation (NYSE:ACHR – Get Free Report) last issued its quarterly earnings data on Monday, March 2nd. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by ($0.09). The company had revenue of $0.30 million during the quarter, compared to analysts’ expectations of $1.40 million. Archer Aviation’s quarterly revenue was up 29900.0% compared to the same quarter last year. Sell-side analysts expect that Archer Aviation Inc. will post -1.32 EPS for the current year.
Insiders Place Their Bets
In other news, CAO Harsh Rungta sold 22,826 shares of the company’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $6.46, for a total value of $147,455.96. Following the sale, the chief accounting officer directly owned 65,458 shares in the company, valued at $422,858.68. This represents a 25.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Priya Gupta sold 7,263 shares of the stock in a transaction on Friday, March 13th. The shares were sold at an average price of $6.27, for a total value of $45,539.01. Following the sale, the chief financial officer directly owned 178,512 shares in the company, valued at approximately $1,119,270.24. The trade was a 3.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 380,750 shares of company stock valued at $2,645,333. Insiders own 7.65% of the company’s stock.
Institutional Investors Weigh In On Archer Aviation
Hedge funds have recently modified their holdings of the company. AQR Capital Management LLC acquired a new position in shares of Archer Aviation in the first quarter valued at approximately $293,000. Integrated Wealth Concepts LLC boosted its position in Archer Aviation by 11.1% during the first quarter. Integrated Wealth Concepts LLC now owns 13,770 shares of the company’s stock worth $98,000 after acquiring an additional 1,373 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Archer Aviation by 44.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 192,164 shares of the company’s stock worth $1,366,000 after acquiring an additional 59,317 shares during the period. NewEdge Advisors LLC grew its stake in Archer Aviation by 5.1% in the 1st quarter. NewEdge Advisors LLC now owns 35,739 shares of the company’s stock worth $254,000 after acquiring an additional 1,738 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Archer Aviation by 51.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 844,017 shares of the company’s stock valued at $6,001,000 after acquiring an additional 285,414 shares during the last quarter. 59.34% of the stock is owned by institutional investors and hedge funds.
Archer Aviation Company Profile
Archer Aviation, Inc (NYSE: ACHR) is a California-based aerospace company developing electric vertical takeoff and landing (eVTOL) aircraft designed to serve as sustainable urban air mobility solutions. Founded in 2018 by Adam Goldstein and Brett Adcock, Archer focuses on the design, development and certification of zero-emissions air taxis aimed at reducing traffic congestion in densely populated metropolitan areas. The company’s flagship prototypes, “Maker” and “Midnight,” have been engineered to deliver quiet, efficient short-haul flights with ranges of up to 100 miles per charge.
Headquartered in Palo Alto, California, Archer operates a manufacturing facility in nearby Santa Cruz County and maintains research partnerships with automotive and energy companies, including a collaboration with Stellantis to integrate advanced battery systems.
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