Archer Aviation (NYSE:ACHR – Get Free Report) was upgraded by stock analysts at Barclays from an “equal weight” rating to an “overweight” rating in a report released on Friday, MarketBeat.com reports. The brokerage presently has a $8.00 target price on the stock, up from their previous target price of $4.50. Barclays‘s price objective indicates a potential upside of 60.80% from the company’s current price.
Several other research firms also recently commented on ACHR. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Archer Aviation in a research note on Friday, July 17th. HC Wainwright reiterated a “buy” rating on shares of Archer Aviation in a research report on Tuesday, August 11th. Cantor Fitzgerald reiterated an “overweight” rating and set a $11.00 target price on shares of Archer Aviation in a report on Tuesday, August 11th. Wells Fargo & Company set a $18.00 price objective on Archer Aviation in a research report on Tuesday, August 11th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $9.00 price target on shares of Archer Aviation in a report on Tuesday, August 11th. Six investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Archer Aviation currently has an average rating of “Moderate Buy” and a consensus target price of $11.00.
View Our Latest Stock Report on ACHR
Archer Aviation Price Performance
Archer Aviation (NYSE:ACHR – Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported ($0.34) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.34). The business had revenue of $5.00 million for the quarter, compared to analysts’ expectations of $1.94 million. On average, research analysts forecast that Archer Aviation will post -1.37 earnings per share for the current fiscal year.
Insider Activity at Archer Aviation
In other Archer Aviation news, insider Eric Lentell sold 100,000 shares of the firm’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $6.31, for a total value of $631,000.00. Following the transaction, the insider owned 85,011 shares of the company’s stock, valued at $536,419.41. This trade represents a 54.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Priya Gupta sold 10,015 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $6.41, for a total value of $64,196.15. Following the transaction, the chief financial officer owned 202,784 shares of the company’s stock, valued at approximately $1,299,845.44. This represents a 4.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 176,657 shares of company stock valued at $1,122,371 over the last three months. 5.55% of the stock is owned by insiders.
Institutional Investors Weigh In On Archer Aviation
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Gould Capital LLC raised its holdings in shares of Archer Aviation by 238.1% during the fourth quarter. Gould Capital LLC now owns 3,560 shares of the company’s stock valued at $27,000 after acquiring an additional 2,507 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Archer Aviation by 189.3% during the third quarter. GAMMA Investing LLC now owns 6,272 shares of the company’s stock worth $31,000 after purchasing an additional 4,104 shares during the period. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Archer Aviation by 979.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,285 shares of the company’s stock worth $32,000 after purchasing an additional 3,888 shares during the period. Parallel Advisors LLC grew its position in Archer Aviation by 59.4% during the first quarter. Parallel Advisors LLC now owns 8,786 shares of the company’s stock valued at $45,000 after purchasing an additional 3,275 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its position in Archer Aviation by 157.7% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 9,529 shares of the company’s stock valued at $47,000 after purchasing an additional 5,832 shares in the last quarter. 59.34% of the stock is currently owned by institutional investors.
Key Archer Aviation News
Here are the key news stories impacting Archer Aviation this week:
- Positive Sentiment: Barclays initiated Archer at Overweight with an $8 price target, implying approximately 61% upside from the roughly $4.97 reference price. The firm’s bullish view reportedly reflects Archer’s electric vertical takeoff and landing (eVTOL) development and growing defense ambitions. Barclays upgrades Archer Aviation to overweight from equal-weight
- Positive Sentiment: Archer’s shares outperformed other air-taxi stocks after Barclays upgraded the company while downgrading rival Joby Aviation. The divergence suggests investors viewed Archer’s positioning more favorably following the new coverage. Joby sinks as Barclays cuts rating while Archer rises on overweight call
- Positive Sentiment: ARK Invest continued adding exposure to air-taxi and defense companies, providing a supportive signal for the broader eVTOL investment theme, although the report does not quantify the purchases specifically in ACHR. Cathie Wood’s ARK Invest doubles down on air taxi stocks and defense plays
- Neutral Sentiment: Recent analysis highlighted Archer’s eVTOL progress and substantial liquidity as long-term advantages, but cautioned that the stock’s premium valuation and continuing development risk could limit near-term gains. Archer outperforms industry in the past three months
- Negative Sentiment: Earlier weakness in ACHR and Joby reflected investor concern over a reported $116.9 million jury verdict. The available report does not specify Archer’s direct liability, but the legal development created an overhang for the emerging air-taxi sector. Why Joby and Archer stocks were falling
About Archer Aviation
Archer Aviation Inc is an aerospace company developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. Its goal is to provide quieter, lower-emission transportation for short passenger trips, including airport transfers and travel between urban and suburban locations.
The company’s primary aircraft is Midnight, a piloted, four-passenger eVTOL aircraft designed for frequent short-distance flights. Archer has also developed Maker, a smaller technology demonstrator used to test its electric propulsion, flight-control and other aircraft systems.
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