Archer Aviation (NYSE:ACHR) Shares Down 4.1% – Here’s What Happened

Posted by Brian Himes on Jun 14th, 2026

Archer Aviation Inc. (NYSE:ACHR – Get Free Report)’s stock price fell 4.1% during trading on Friday . The stock traded as low as $5.00 and last traded at $5.0850. 29,741,930 shares traded hands during trading, a decline of 22% from the average session volume of 38,034,949 shares. The stock had previously closed at $5.30.

Analyst Upgrades and Downgrades

Several brokerages have commented on ACHR. Needham & Company LLC cut 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. Canaccord Genuity Group cut 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. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Archer Aviation in a research note on Monday, April 20th. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $11.83.

Get Our Latest Stock Report on ACHR

Archer Aviation Stock Down 4.1%

The company has a market capitalization of $3.86 billion, a price-to-earnings ratio of -4.62 and a beta of 3.14. The firm’s 50 day moving average price is $5.97 and its two-hundred day moving average price is $6.90. 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 released 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 firm had revenue of $1.60 million for the quarter, compared to the consensus estimate of $1.66 million. During the same quarter in the previous year, the company earned ($0.17) EPS. Sell-side analysts anticipate that Archer Aviation Inc. will post -1.47 earnings per share for the current fiscal year.

Insider Activity

In other news, CAO Harsh Rungta sold 12,414 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $5.95, for a total transaction of $73,863.30. Following the transaction, the chief accounting officer directly owned 87,210 shares in the company, valued at $518,899.50. The trade was a 12.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Thomas Paul Muniz sold 91,839 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $5.95, for a total transaction of $546,442.05. Following the completion of the transaction, the chief technology officer owned 1,462,314 shares in the company, valued at approximately $8,700,768.30. This trade represents a 5.91% decrease in their position. 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 have sold 246,989 shares of company stock valued at $1,478,902 over the last quarter. 7.65% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ACHR. Gould Capital LLC grew its stake in Archer Aviation by 238.1% in the 4th quarter. Gould Capital LLC now owns 3,560 shares of the company’s stock valued at $27,000 after buying an additional 2,507 shares during the last quarter. Strs Ohio acquired a new position in Archer Aviation in the 1st quarter valued at about $27,000. Caitong International Asset Management Co. Ltd grew its stake in Archer Aviation by 840.1% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,732 shares of the company’s stock valued at $28,000 after buying an additional 3,335 shares during the last quarter. Johnson Investment Counsel Inc. acquired a new position in Archer Aviation in the 3rd quarter valued at about $29,000. Finally, Modus Advisors LLC acquired a new position in Archer Aviation in the 4th quarter valued at about $29,000. Institutional investors and hedge funds own 59.34% of the company’s stock.

About Archer Aviation

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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.