Archer Aviation (NYSE:ACHR) Announces Quarterly Earnings Results, Meets Estimates

Key Points

• Archer Aviation met earnings expectations, reporting a quarterly loss of $0.34 per share, while revenue of $5.0 million exceeded analysts’ $1.94 million estimate.
• Shares rose to $6.30 during Monday trading, though the stock remains well below its 52-week high of $14.62. Archer has a $4.79 billion market capitalization and high volatility, with a beta of 3.20.
• Analysts’ consensus rating is Hold, with an average price target of $11.83; recent insider sales were attributed to tax-withholding obligations tied to vested equity awards.

Archer Aviation (NYSE:ACHR - Get Free Report) posted its quarterly earnings results on Monday. The company reported ($0.34) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.34), FiscalAI reports. The business had revenue of $5.00 million for the quarter, compared to analysts' expectations of $1.94 million.

Archer Aviation Stock Performance

Shares of NYSE:ACHR traded up $0.71 during trading on Monday, hitting $6.30. 125,799,987 shares of the stock traded hands, compared to its average volume of 37,884,191. The company has a quick ratio of 18.06, a current ratio of 18.06 and a debt-to-equity ratio of 0.06. The company has a market cap of $4.79 billion, a price-to-earnings ratio of -5.73 and a beta of 3.20. The company has a fifty day moving average price of $5.18 and a two-hundred day moving average price of $5.99. Archer Aviation has a 52-week low of $4.30 and a 52-week high of $14.62.

Insider Activity

In related news, CFO Priya Gupta sold 9,860 shares of the firm'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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 transaction, the insider directly owned 141,084 shares of the company's stock, valued at $839,449.80. The trade was a 25.45% 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. Over the last three months, insiders sold 250,743 shares of company stock valued at $1,497,672. 5.55% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Archer Aviation

Several institutional investors and hedge funds have recently modified their holdings of the business. Integrated Wealth Concepts LLC increased its stake in Archer Aviation by 11.1% during the 1st quarter. Integrated Wealth Concepts LLC now owns 13,770 shares of the company's stock worth $98,000 after buying an additional 1,373 shares during the period. Geneos Wealth Management Inc. boosted its position in Archer Aviation by 105.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,318 shares of the company's stock valued at $36,000 after buying an additional 1,702 shares during the period. NewEdge Advisors LLC grew its stake in shares of Archer Aviation by 5.1% in the first quarter. NewEdge Advisors LLC now owns 35,739 shares of the company's stock worth $254,000 after acquiring an additional 1,738 shares in the last quarter. Axxcess Wealth Management LLC grew its stake in shares of Archer Aviation by 9.3% in the fourth quarter. Axxcess Wealth Management LLC now owns 20,917 shares of the company's stock worth $157,000 after acquiring an additional 1,776 shares in the last quarter. Finally, Moneta Group Investment Advisors LLC increased its position in shares of Archer Aviation by 16.8% during the third quarter. Moneta Group Investment Advisors LLC now owns 12,724 shares of the company's stock worth $122,000 after acquiring an additional 1,831 shares during the period. Hedge funds and other institutional investors own 59.34% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Barclays raised shares of Archer Aviation to a "hold" rating in a report on Wednesday, July 29th. Canaccord Genuity Group cut their price target on 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 reiterated a "sell (d-)" rating on shares of Archer Aviation in a research note on Friday, July 17th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $11.83.

Archer Aviation News Summary

Here are the key news stories impacting Archer Aviation this week:

• Positive Sentiment: Archer agreed to acquire Boeing subsidiaries Wisk Aero, SkyGrid and Insitu in an all-stock transaction. Wisk adds a former eVTOL rival and autonomous-aircraft technology, while SkyGrid contributes airspace-management capabilities and Insitu adds an established unmanned-aircraft and defense business. Archer to acquire Boeing's Wisk and two subsidiaries
• Positive Sentiment: Boeing is expected to receive approximately a 19.75% stake in Archer and a board seat, creating a major strategic relationship while allowing the companies to continue collaborating on autonomous-flight technology. The partnership provides Archer with validation from a major aerospace company and may improve access to customers, technology and funding. Boeing sells eVTOL subsidiaries, takes stake in Archer
• Positive Sentiment: The transaction is designed to create an end-to-end “physical AI” platform for aerospace and defense and adds a defense operation generating more than $200 million in annual revenue across 35 countries. That could diversify Archer beyond its currently pre-commercial air-taxi business. Archer announces acquisition of Boeing subsidiaries
• Positive Sentiment: Unusually heavy call-option activity and analyst estimates implying substantial potential upside added to bullish momentum, although these indicators are speculative rather than fundamental catalysts.
• Neutral Sentiment: Archer had previously reported progress through the third phase of the Federal Aviation Administration’s four-phase certification process for its Midnight aircraft. Investors will continue watching certification, commercialization timing and the company’s upcoming quarterly results.
• Neutral Sentiment: The deal also introduces execution and integration risks, and issuing shares to Boeing will dilute existing ACHR shareholders. Investors must assess whether the acquired businesses can be integrated and whether the added defense revenue offsets the transaction’s complexity.

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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