Archer Aviation (NYSE:ACHR) Trading Down 8.3% – Here’s Why

Posted by George Bondi on Jul 9th, 2026

Archer Aviation Inc. (NYSE:ACHR – Get Free Report)’s stock price fell 8.3% during mid-day trading on Tuesday . The company traded as low as $4.83 and last traded at $4.9250. 29,409,917 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 38,394,000 shares. The stock had previously closed at $5.37.

Analysts Set New Price Targets

Several research firms have weighed in on ACHR. Canaccord Genuity Group cut their target price on Archer Aviation from $13.00 to $12.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Archer Aviation in a research note on Monday, April 20th. Five equities 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.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $11.83.

Read Our Latest Report on ACHR

Archer Aviation Price Performance

The company has a debt-to-equity ratio of 0.06, a current ratio of 18.06 and a quick ratio of 18.06. The stock’s 50 day moving average price is $5.76 and its two-hundred day moving average price is $6.52. The firm has a market capitalization of $3.68 billion, a price-to-earnings ratio of -4.40 and a beta of 3.19.

Archer Aviation (NYSE:ACHR – Get Free Report) last posted its earnings results on Monday, May 11th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.03). The company had revenue of $1.60 million for the quarter, compared to analyst estimates of $1.66 million. During the same quarter in the previous year, the firm earned ($0.17) EPS. On average, equities research analysts anticipate that Archer Aviation Inc. will post -1.47 EPS for the current year.

Insiders Place Their Bets

In other Archer Aviation news, insider Eric Lentell sold 48,169 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $5.95, for a total value of $286,605.55. Following the sale, the insider owned 141,084 shares of the company’s stock, valued at $839,449.80. This trade represents a 25.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 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 firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $5.95, for a total transaction of $58,667.00. Following the completion of the sale, the chief financial officer owned 189,050 shares in the company, valued at approximately $1,124,847.50. The trade was a 4.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 250,743 shares of company stock valued at $1,497,672. 5.55% of the stock is owned by company insiders.

Hedge Funds Weigh In On Archer Aviation

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its holdings in shares of Archer Aviation by 105.3% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,318 shares of the company’s stock worth $36,000 after purchasing an additional 1,702 shares in the last quarter. Gould Capital LLC raised its stake in shares of Archer Aviation by 238.1% in 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 lifted its position in Archer Aviation by 840.1% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,732 shares of the company’s stock worth $28,000 after purchasing an additional 3,335 shares during the period. Strs Ohio bought a new position in Archer Aviation in the first quarter worth $27,000. Finally, Modus Advisors LLC acquired a new stake in Archer Aviation during the fourth quarter worth $29,000. 59.34% of the stock is currently owned by institutional investors.

About Archer Aviation

(Get Free Report)

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.