Archer Aviation (NYSE:ACHR) Stock Price Down 3.8% – Here’s What Happened

Posted by Brian Himes on Jun 29th, 2026

Shares of Archer Aviation Inc. (NYSE:ACHR – Get Free Report) were down 3.8% during trading on Monday . The stock traded as low as $4.61 and last traded at $4.6850. 34,652,535 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 38,581,938 shares. The stock had previously closed at $4.87.

Analyst Upgrades and Downgrades

ACHR has been the topic of a number of recent research reports. Canaccord Genuity Group lowered their target price on Archer Aviation from $13.00 to $12.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th. 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 report on Tuesday, March 3rd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Archer Aviation in a research report on Monday, April 20th. 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $11.83.

Check Out Our Latest Report on ACHR

Archer Aviation Trading Down 3.8%

The stock has a market cap of $3.56 billion, a PE ratio of -4.26 and a beta of 3.14. The company has a debt-to-equity ratio of 0.06, a quick ratio of 18.06 and a current ratio of 18.06. The company has a 50 day moving average of $5.93 and a two-hundred day moving average of $6.70.

Archer Aviation (NYSE:ACHR – Get Free Report) last issued its quarterly 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 business had revenue of $1.60 million during the quarter, compared to the consensus estimate of $1.66 million. During the same quarter in the prior 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.

Insiders Place Their Bets

In other news, CFO Priya Gupta sold 9,860 shares of the stock in a transaction that occurred 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 transaction, the chief financial officer owned 189,050 shares in the company, valued at $1,124,847.50. This trade represents a 4.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Eric Lentell sold 48,169 shares of Archer Aviation stock in a transaction on Monday, May 18th. The shares were sold at an average price of $5.95, for a total transaction of $286,605.55. Following the completion of the sale, the insider directly owned 141,084 shares in the company, valued at $839,449.80. This represents a 25.45% decrease in their position. 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. In the last 90 days, insiders sold 250,743 shares of company stock valued at $1,497,672. Corporate insiders own 5.55% of the company’s stock.

Hedge Funds Weigh In On Archer Aviation

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ACHR. Gould Capital LLC grew its position 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. Strs Ohio purchased a new position in Archer Aviation during the first quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd lifted 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 worth $28,000 after buying an additional 3,335 shares in the last quarter. Modus Advisors LLC acquired a new position in Archer Aviation during the fourth quarter worth $29,000. Finally, Basepoint Wealth LLC acquired a new position in Archer Aviation during the fourth quarter worth $32,000. 59.34% of the stock is owned by hedge funds and other institutional investors.

Archer Aviation Company Profile

(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.