Archer Aviation (NYSE:ACHR) Announces Quarterly Earnings Results, Misses Estimates By $0.03 EPS

Archer Aviation (NYSE:ACHR) announced its earnings results on Monday. The company reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.25) by ($0.03), FiscalAI reports. The company had revenue of $1.60 million for the quarter, compared to analysts’ expectations of $1.66 million. During the same quarter in the previous year, the business earned ($0.17) EPS.

Here are the key takeaways from Archer Aviation’s conference call:

• Archer closed FAA phase 3 of type certification (first eVTOL to do so) and is advancing phase 4 in parallel, targeting piloted transition and entry into eIPP operations in the second half of the year.
• Flight testing and operations expanded materially — multiple daily flights across an enlarged Midnight fleet and takeover/modernization of Hawthorne Airport in L.A. to serve as an air taxi hub and revenue-generating launch site.
• Archer reports a strong balance sheet with $1.8 billion in liquidity and <$100M debt, while guiding a Q2 adjusted EBITDA loss of $170M–$200M as it increases near-term investment across civil, defense, and software initiatives.
• The company is pursuing a dual civil/defense flywheel — partnering with Anduril on a clean-sheet hybrid dual-use aircraft and with software leaders (Palantir, NVIDIA, Starlink) to develop AI/ATC capabilities that could unlock large market opportunities.
• Archer is building manufacturing capacity and tooling toward ~50 aircraft/year and working on production certification, but mass production remains contingent on final regulatory approvals and continued certification progress.

Archer Aviation Stock Performance

NYSE:ACHR opened at $6.52 on Tuesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 19.89 and a current ratio of 19.89. The firm’s 50-day moving average is $5.94 and its 200-day moving average is $7.42. Archer Aviation has a 52-week low of $4.80 and a 52-week high of $14.62. The company has a market cap of $4.85 billion, a price-to-earnings ratio of -6.58 and a beta of 3.13.

Wall Street Analysts Forecast Growth

ACHR has been the topic of several recent analyst reports. Needham & Company LLC dropped their target price on shares of Archer Aviation from $10.00 to $9.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Archer Aviation in a report on Monday, April 20th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $12.00.

Insider Buying and Selling at Archer Aviation

In other news, insider Eric Lentell sold 8,059 shares of Archer Aviation stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $6.27, for a total transaction of $50,529.93. Following the sale, the insider directly owned 150,119 shares in the company, valued at approximately $941,246.13. The trade was a 5.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Priya Gupta sold 7,263 shares of Archer Aviation stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $6.27, for a total transaction of $45,539.01. Following the sale, the chief financial officer owned 178,512 shares in the company, valued at approximately $1,119,270.24. This trade represents a 3.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 255,750 shares of company stock worth $1,645,333 in the last 90 days. 7.65% of the stock is currently owned by insiders.

Institutional Trading of Archer Aviation

Institutional investors have recently made changes to their positions in the business. ARK Investment Management LLC boosted its position in Archer Aviation by 12.4% in the fourth quarter. ARK Investment Management LLC now owns 35,170,701 shares of the company’s stock valued at $264,484,000 after buying an additional 3,869,252 shares in the last quarter. State Street Corp boosted its position in Archer Aviation by 11.2% in the fourth quarter. State Street Corp now owns 32,773,136 shares of the company’s stock valued at $246,454,000 after buying an additional 3,293,130 shares in the last quarter. Morgan Stanley boosted its position in Archer Aviation by 21.6% in the fourth quarter. Morgan Stanley now owns 15,717,522 shares of the company’s stock valued at $118,196,000 after buying an additional 2,796,488 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Archer Aviation by 15.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,433,800 shares of the company’s stock valued at $40,862,000 after buying an additional 723,515 shares in the last quarter. Finally, Man Group plc boosted its position in Archer Aviation by 13,793.3% in the second quarter. Man Group plc now owns 4,212,722 shares of the company’s stock valued at $45,708,000 after buying an additional 4,182,400 shares in the last quarter. 59.34% of the stock is currently owned by institutional investors and hedge funds.

Archer Aviation News Summary

Here are the key news stories impacting Archer Aviation this week:

• Positive Sentiment: Archer said it made record progress on FAA certification and still expects initial U.S. operations in 2026, reinforcing the near-term commercialization story. Archer Announces First Quarter 2026 Results, Highlighting Record FAA Certification Progress With Initial US Operations Expected In 2026
• Positive Sentiment: Shares were lifted by investor optimism that Archer is getting closer to an air-taxi launch, even as the company remains early-stage and unprofitable. Archer Aviation Earnings: ACHR Stock Rises as Archer Closes In on Air Taxi Launch Despite Wider Loss
• Neutral Sentiment: Quarterly results showed a loss of $0.28 per share and revenue of $1.60 million, slightly missing revenue estimates, which keeps pressure on the valuation. Archer Aviation earnings report
• Negative Sentiment: Investors are still weighing Archer’s cash burn and expected second-quarter EBITDA loss of $170 million to $200 million, underscoring that profitability remains far away. Archer Aviation Stock Jumps. Flying Cars Are Almost Here.

About Archer Aviation

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.