Archer Aviation Inc. (NYSE:ACHR – Get Free Report) insider Tosha Perkins sold 54,786 shares of Archer Aviation stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $6.46, for a total value of $353,917.56. Following the transaction, the insider directly owned 377,022 shares of the company’s stock, valued at approximately $2,435,562.12. This represents a 12.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Archer Aviation Stock Down 3.2%
ACHR opened at $6.31 on Wednesday. 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 company has a market cap of $4.11 billion, a price-to-earnings ratio of -6.38 and a beta of 3.10. Archer Aviation Inc. has a one year low of $5.48 and a one year high of $14.62. The business’s fifty day moving average is $7.60 and its two-hundred day moving average is $8.70.
Archer Aviation (NYSE:ACHR – Get Free Report) last announced its quarterly earnings results on Monday, March 2nd. The company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.09). The firm had revenue of $0.30 million during the quarter, compared to analyst estimates of $1.40 million. Archer Aviation’s revenue was up 29900.0% on a year-over-year basis. Analysts anticipate that Archer Aviation Inc. will post -1.32 EPS for the current fiscal year.
Institutional Inflows and Outflows
Analysts Set New Price Targets
A number of equities analysts have issued reports on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Archer Aviation in a research report on Wednesday, January 21st. Needham & Company LLC lowered their price target 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. Cantor Fitzgerald reissued 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 research note on Monday, December 1st. They issued a “neutral” rating and a $11.00 target price on the stock. Finally, Canaccord Genuity Group increased their target price on Archer Aviation from $12.00 to $13.00 and gave the company a “buy” rating in a report on Friday, November 21st. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Archer Aviation currently has a consensus rating of “Moderate Buy” and a consensus price target of $12.00.
Get Our Latest Stock Report on Archer Aviation
Archer Aviation News Summary
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
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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