Archer Aviation Inc. (NYSE:ACHR – Get Free Report) CFO Priya Gupta sold 10,172 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $6.46, for a total value of $65,711.12. Following the completion of the transaction, the chief financial officer directly owned 171,754 shares in the company, valued at $1,109,530.84. This trade represents a 5.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Archer Aviation Stock Down 3.2%
ACHR stock opened at $6.31 on Wednesday. The business’s 50-day moving average price is $7.60 and its 200-day moving average price is $8.70. The stock has a market cap of $4.11 billion, a P/E ratio of -6.38 and a beta of 3.10. The company has a quick ratio of 19.89, a current ratio of 19.89 and a debt-to-equity ratio of 0.05. Archer Aviation Inc. has a twelve month low of $5.48 and a twelve month high of $14.62.
Archer Aviation (NYSE:ACHR – Get Free Report) last released its 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 the consensus estimate of $1.40 million. The firm’s revenue for the quarter was up 29900.0% compared to the same quarter last year. On average, equities research analysts forecast that Archer Aviation Inc. will post -1.32 EPS for the current year.
Institutional Investors Weigh In On Archer Aviation
Analyst Ratings Changes
Several brokerages have recently commented on ACHR. Needham & Company LLC decreased their price objective on shares of Archer Aviation from $10.00 to $9.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. 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 research note on Friday, November 21st. Weiss Ratings reissued a “sell (d-)” rating on shares of Archer Aviation in a report on Wednesday, January 21st. Cantor Fitzgerald restated an “overweight” rating on shares of Archer Aviation in a research report on Monday, November 24th. Finally, The Goldman Sachs Group started coverage on Archer Aviation in a research note on Monday, December 1st. They issued a “neutral” rating and a $11.00 price objective for the company. Five 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’s stock. Based on data from MarketBeat.com, Archer Aviation has an average rating of “Moderate Buy” and an average target price of $12.00.
View Our Latest Report on ACHR
More Archer Aviation News
Here are the key news stories impacting Archer Aviation this week:
- Positive Sentiment: White House/DOT selected Archer partners in Florida, New York and Texas for the eVTOL Integration Pilot Program (eIPP), creating structured pathways for early commercial routes and local regulatory coordination — a major step toward U.S. operations. Archer’s US Air Taxi Operations Take Major Step Forward
- Positive Sentiment: Archer received full FAA acceptance of its Means of Compliance for the Midnight eVTOL and announced a Starlink partnership for in‑flight connectivity — this reduces a key certification risk and improves product readiness. Archer FAA Milestone and Starlink Deal
- Positive Sentiment: Federal pilot program selections expanded testing of electric air taxis across many states, boosting sector attention and drove near‑term positive share reactions for Archer and peers. Flying taxis could soon take flight
- Neutral Sentiment: Several analyst pieces and long‑term features highlight the company’s milestone progress but also stress high valuation and cash‑burn — useful context for investors but not new company disclosures. Assessing Archer Aviation’s Valuation
- Negative Sentiment: Legal battle with Joby escalated this week — Archer filed suit and countersued alleging Joby hid China ties and defrauded the U.S. government. Litigation raises execution, reputational and cost risks that can weigh on the stock. Archer accuses rival Joby of illegal China ties (Reuters)
- Negative Sentiment: Needham cut its price target to $9, signaling reduced near‑term upside and contributing to negative analyst momentum. Needham Lowers Archer Price Target
- Negative Sentiment: Multiple insider sales (CFO, CTO and others) were recently filed, which can amplify investor concern about near‑term liquidity needs or dilution. CFO Form 4 (SEC)
- Negative Sentiment: Reports of planned share issuance to vendors / prospectus filings raise dilution concerns — any sizable equity issuance would further pressure the share base. Prospectus / Share Issuance
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.
Recommended Stories
- Five stocks we like better than Archer Aviation
- The gold chart Wall Street is terrified of…
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Unlocked: Elon Musk’s Next Big IPO
- 1,500 Banks Just Handed the Fed Your Bank Account
Receive News & Ratings for Archer Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Archer Aviation and related companies with MarketBeat.com's FREE daily email newsletter.
