Archer Aviation Inc. (NYSE:ACHR – Get Free Report) insider Tosha Perkins sold 54,786 shares of the business’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $6.46, for a total transaction of $353,917.56. Following the completion of the transaction, the insider owned 377,022 shares in the company, valued at $2,435,562.12. This represents a 12.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Archer Aviation Stock Up 4.2%
ACHR stock traded up $0.27 during midday trading on Monday, hitting $6.53. 29,922,469 shares of the company’s stock were exchanged, compared to its average volume of 30,831,696. The firm has a 50 day moving average price of $7.62 and a 200-day moving average price of $8.72. Archer Aviation Inc. has a 12-month low of $5.48 and a 12-month high of $14.62. The stock has a market capitalization of $4.25 billion, a price-to-earnings ratio of -6.59 and a beta of 3.10. The company has a current ratio of 19.89, a quick ratio of 19.89 and a debt-to-equity ratio of 0.05.
Archer Aviation (NYSE:ACHR – Get Free Report) last posted its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $1.40 million. The business’s revenue was up 29900.0% compared to the same quarter last year. On average, analysts anticipate that Archer Aviation Inc. will post -1.32 EPS for the current year.
Institutional Trading of Archer Aviation
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on ACHR shares. Canaccord Genuity Group boosted their price objective on shares of Archer Aviation from $12.00 to $13.00 and gave the company a “buy” rating in a research report on Friday, November 21st. Cantor Fitzgerald restated an “overweight” rating on shares of Archer Aviation in a research note on Monday, November 24th. The Goldman Sachs Group assumed coverage on Archer Aviation in a report on Monday, December 1st. They set a “neutral” rating and a $11.00 target price for the company. Needham & Company LLC cut their price target on Archer Aviation from $10.00 to $9.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Archer Aviation in a research report on Wednesday, January 21st. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Archer Aviation presently has an average rating of “Moderate Buy” and a consensus price target of $12.00.
Read Our Latest Research Report on ACHR
Key Archer Aviation News
Here are the key news stories impacting Archer Aviation this week:
- Positive Sentiment: FAA milestone and Starlink partnership move commercialization forward — Archer became the first eVTOL maker to receive full FAA acceptance of its Means of Compliance for its Midnight aircraft, reducing a major regulatory hurdle; it also announced Starlink connectivity for in-flight systems, strengthening product offering and operational readiness. Archer FAA Milestone and Starlink Deal
- Positive Sentiment: White House eVTOL Integration Pilot Program selection supports US route access — Partners in Florida, New York and Texas were selected for the eIPP, creating a formal pathway to begin commercial air taxi operations and likely speeding local regulatory coordination and launch timelines. White House eIPP Selection
- Positive Sentiment: Analyst coverage leans constructive — Several brokerages and aggregator pieces show a consensus “moderate buy”/positive tilt, which can support demand and investor sentiment if guidance and milestones continue to print. Brokerage Consensus
- Neutral Sentiment: Media/analyst write-ups reframe progress vs valuation — Coverage highlights the milestone progress but also reminds investors of high valuation and execution risk; useful for context but not new company disclosures. Valuation/Risks Commentary
- Neutral Sentiment: Investor guides and features urge long‑term view — Popular outlets argue long-term upside outweighs short-term cash-burn concerns; these pieces can attract retail interest but don’t change fundamentals. Investor Feature
- Negative Sentiment: Lawsuit vs. Joby escalates legal risk and could be distracting/expensive — Archer filed suit accusing Joby of misrepresenting China reliance; litigation could draw legal costs, create uncertainty and distract management. Archer Sues Joby
- Negative Sentiment: Prospectus to issue shares to vendors raises dilution concerns — Filing to issue stock to vendors signals capital needs; if material, equity issuance could dilute existing holders and pressure the stock. Prospectus / Share Issuance
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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