Archer Aviation Inc. (NYSE:ACHR – Get Free Report)’s stock price was down 2.1% on Tuesday . The stock traded as low as $5.23 and last traded at $5.4350. Approximately 59,261,059 shares were traded during mid-day trading, an increase of 55% from the average daily volume of 38,345,660 shares. The stock had previously closed at $5.55.
Key Stories Impacting Archer Aviation
Here are the key news stories impacting Archer Aviation this week:
- Positive Sentiment: Investors are increasingly focused on Archer’s FAA certification progress, with some commentary suggesting the stock could potentially re-rate higher if regulatory milestones continue to advance. Archer Aviation Could Double as FAA Certification Nears
- Positive Sentiment: Archer remains a leading pure-play eVTOL name, and bullish coverage points to its multibillion-dollar conditional order book from United Airlines as a key long-term growth driver. Archer Aviation vs. Karman: Which Aerospace Stock Is a Better Buy in 2026?
- Neutral Sentiment: An insider sale by Eric Lentell was disclosed, but it was described as a routine transaction to cover tax withholding on vested equity awards rather than a strategic exit. Archer Aviation (NYSE:ACHR) Insider Eric Lentell Sells 3,754 Shares
- Negative Sentiment: Archer’s latest earnings showed continued losses and revenue below expectations, reinforcing concerns that the company is still far from profitability.
Analysts Set New Price Targets
ACHR has been the topic of a number of recent analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Archer Aviation in a research report on Monday, April 20th. Needham & Company LLC dropped 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. Finally, Canaccord Genuity Group dropped their price target on shares of Archer Aviation from $13.00 to $12.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Archer Aviation has a consensus rating of “Moderate Buy” and a consensus price target of $11.83.
Archer Aviation Price Performance
The business’s fifty day moving average is $5.98 and its 200 day moving average is $6.88. The firm has a market capitalization of $4.13 billion, a P/E ratio of -4.94 and a beta of 3.14. The company has a current ratio of 18.06, a quick ratio of 18.06 and a debt-to-equity ratio of 0.06.
Archer Aviation (NYSE:ACHR – Get Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($0.03). The business had revenue of $1.60 million for the quarter, compared to analysts’ expectations of $1.66 million. During the same quarter last year, the firm posted ($0.17) EPS. As a group, analysts forecast that Archer Aviation Inc. will post -1.47 EPS for the current year.
Insider Activity
In other Archer Aviation news, CTO Thomas Paul Muniz sold 91,839 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $5.95, for a total transaction of $546,442.05. Following the sale, the chief technology officer directly owned 1,462,314 shares of the company’s stock, valued at $8,700,768.30. The trade was a 5.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Priya Gupta sold 9,860 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $5.95, for a total transaction of $58,667.00. Following the sale, the chief financial officer directly owned 189,050 shares in the company, valued at approximately $1,124,847.50. This trade represents a 4.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 250,743 shares of company stock valued at $1,497,672 in the last 90 days. Company insiders own 5.55% of the company’s stock.
Institutional Trading of Archer Aviation
Several large investors have recently added to or reduced their stakes in ACHR. Geneos Wealth Management Inc. grew its position in Archer Aviation by 105.3% during the second quarter. Geneos Wealth Management Inc. now owns 3,318 shares of the company’s stock valued at $36,000 after purchasing an additional 1,702 shares in the last quarter. Gould Capital LLC grew its position in 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 purchasing an additional 2,507 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its position in Archer Aviation by 840.1% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,732 shares of the company’s stock valued at $28,000 after purchasing an additional 3,335 shares in the last quarter. Strs Ohio purchased a new position in Archer Aviation during the first quarter valued at approximately $27,000. Finally, Modus Advisors LLC purchased a new position in Archer Aviation during the fourth quarter valued at approximately $29,000. 59.34% of the stock is owned by institutional investors and hedge funds.
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.
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