Shares of Archer Aviation Inc. (NYSE:ACHR – Get Free Report) were down 5.9% during mid-day trading on Thursday. The company traded as low as $3.62 and last traded at $3.8750. 32,099,197 shares changed hands during mid-day trading, a decline of 7% from the average session volume of 34,596,262 shares. The stock had previously closed at $4.12.
Key Headlines Impacting Archer Aviation
Here are the key news stories impacting Archer Aviation this week:
- Positive Sentiment: Long-term bullish commentary points to Archer’s planned electric-air-taxi business and a potential Boeing-related deal as possible sources of substantial future growth. The upside depends on execution and the business becoming successful; it is not a near-term revenue guarantee. Prediction: Buying Archer Aviation Today Could Set You Up for Life Could Archer Aviation Stock Make You a Millionaire by 2036?
- Neutral Sentiment: A new industry report forecasts rapid expansion in the global eVTOL market and includes Archer among the companies scaling urban air mobility. The broad market outlook may support the sector’s long-term opportunity, but the report does not provide a new Archer-specific catalyst. Global eVTOL Aircraft Market Report 2026
- Negative Sentiment: Archer was among the eVTOL stocks under pressure as rival Joby Aviation rose following a revenue beat and improved outlook, highlighting near-term competitive and investor-focus risks. The coverage does not identify a fresh Archer-specific setback, so the relative weakness may reflect comparison with Joby rather than new negative company news. Joby Gains 4% on Revenue Beat and Raised Outlook; Archer Aviation Falls 5%, EHang Sinks 7%
Analyst Ratings Changes
ACHR has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Archer Aviation in a report on Thursday, October 15th. Needham & Company LLC restated a “buy” rating and issued a $9.00 price objective on shares of Archer Aviation in a research note on Tuesday, August 11th. Barclays raised Archer Aviation from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $4.50 to $8.00 in a research report on Friday, October 9th. UBS Group reiterated an “overweight” rating on shares of Archer Aviation in a research note on Tuesday, August 11th. Finally, Wells Fargo & Company set a $18.00 target price on Archer Aviation in a research note on Tuesday, August 11th. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Archer Aviation presently has an average rating of “Moderate Buy” and an average target price of $11.00.
Archer Aviation Price Performance
The company has a market capitalization of $2.98 billion, a P/E ratio of -3.59 and a beta of 3.59. The company’s 50-day moving average price is $4.94 and its two-hundred day moving average price is $5.77. The company has a debt-to-equity ratio of 0.06, a current ratio of 10.21 and a quick ratio of 10.21.
Archer Aviation (NYSE:ACHR – Get Free Report) last posted its 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 company had revenue of $5.00 million for the quarter, compared to analyst estimates of $1.94 million. As a group, sell-side analysts expect that Archer Aviation Inc. will post -1.37 EPS for the current year.
Insider Buying and Selling at Archer Aviation
In other Archer Aviation news, CAO Harsh Rungta sold 13,880 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $6.41, for a total transaction of $88,970.80. Following the completion of the sale, the chief accounting officer directly owned 110,847 shares in the company, valued at $710,529.27. This trade represents a 11.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Eric Lentell sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $6.31, for a total transaction of $631,000.00. Following the sale, 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 176,657 shares of company stock valued at $1,122,371 in the last three months. 5.55% of the stock is currently owned by company insiders.
Institutional Trading of Archer Aviation
Several hedge funds have recently added to or reduced their stakes in ACHR. Bank of America Corp DE grew its stake in Archer Aviation by 33.2% during the first quarter. Bank of America Corp DE now owns 2,136,942 shares of the company’s stock worth $11,048,000 after buying an additional 532,762 shares in the last quarter. California State Teachers Retirement System increased its holdings in Archer Aviation by 21.0% in the 1st quarter. California State Teachers Retirement System now owns 716,066 shares of the company’s stock valued at $3,702,000 after buying an additional 124,052 shares during the period. SummitTX Capital L.P. bought a new position in Archer Aviation in the 1st quarter valued at about $709,000. Fifth Third Bancorp increased its holdings in Archer Aviation by 4,133.1% in the 1st quarter. Fifth Third Bancorp now owns 142,868 shares of the company’s stock valued at $739,000 after buying an additional 139,493 shares during the period. Finally, Odyssean LLC raised its position in shares of Archer Aviation by 707.0% in the 2nd quarter. Odyssean LLC now owns 260,940 shares of the company’s stock valued at $1,234,000 after buying an additional 228,606 shares in the last quarter. 59.34% of the stock is owned by institutional investors and hedge funds.
Archer Aviation Company Profile
Archer Aviation Inc is an aerospace company developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. Its aircraft are designed to operate like helicopters for takeoff and landing while using distributed electric propulsion for quieter, lower-emission regional transportation.
The company’s primary aircraft program is Midnight, a piloted, four-passenger eVTOL aircraft intended for short urban and regional trips. Archer has also developed Maker, a technology demonstrator used to test its electric propulsion, flight-control and other aircraft systems.
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