Archer Aviation (NYSE:ACHR) Stock Price Up 12.8% - What's Next?

Key Points

• Shares jumped 12.8% mid-day to about $7.32 (high $7.37) on ~50.4M shares traded—14% above average—yet the price remains below the 50‑day ($8.14) and 200‑day ($9.24) moving averages; market cap is roughly $4.77B with a negative P/E of -5.81.
• Analyst sentiment is mixed but tilted positive: six Buys, two Holds and one Sell give an average rating of "Moderate Buy" and an average price target of $12.14, with recent targets ranging roughly $8–$13 (Canaccord $13, JPMorgan $8, Goldman $11).
• Insiders have been net sellers—307,635 shares (~$2.37M) sold in the past 90 days including notable sales by Eric Lentell and CFO Priya Gupta—while institutional investors own about 59.3% of the stock and some funds (e.g., UBS, MIRAE) recently increased positions.

Shares of Archer Aviation Inc. (NYSE:ACHR - Get Free Report) rose 12.8% during mid-day trading on Friday . The company traded as high as $7.37 and last traded at $7.32. Approximately 50,394,726 shares traded hands during mid-day trading, an increase of 14% from the average daily volume of 44,173,340 shares. The stock had previously closed at $6.49.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Cantor Fitzgerald reissued an "overweight" rating on shares of Archer Aviation in a research report on Monday, November 24th. Canaccord Genuity Group boosted their target price on shares of Archer Aviation from $12.00 to $13.00 and gave the stock a "buy" rating in a research report on Friday, November 21st. Weiss Ratings restated a "sell (d-)" rating on shares of Archer Aviation in a research note on Wednesday, January 21st. JPMorgan Chase & Co. dropped their price target on shares of Archer Aviation from $10.00 to $8.00 and set a "neutral" rating on the stock in a research note on Friday, November 7th. Finally, The Goldman Sachs Group assumed coverage on shares of Archer Aviation in a report on Monday, December 1st. They issued a "neutral" rating and a $11.00 price objective on the stock. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $12.14.

Archer Aviation Price Performance

The company has a debt-to-equity ratio of 0.05, a current ratio of 18.19 and a quick ratio of 18.19. The business's 50-day moving average price is $8.14 and its two-hundred day moving average price is $9.24. The firm has a market cap of $4.77 billion, a price-to-earnings ratio of -5.81 and a beta of 3.11.

Archer Aviation (NYSE:ACHR - Get Free Report) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.20) EPS for the quarter, meeting analysts' consensus estimates of ($0.20). On average, research analysts forecast that Archer Aviation Inc. will post -1.32 EPS for the current fiscal year.

Insider Activity at Archer Aviation

In other news, insider Eric Lentell sold 41,490 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $7.49, for a total transaction of $310,760.10. Following the transaction, the insider owned 83,733 shares of the company's stock, valued at approximately $627,160.17. This trade represents a 33.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Priya Gupta sold 5,479 shares of the business's stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $7.49, for a total value of $41,037.71. Following the completion of the sale, the chief financial officer directly owned 161,523 shares of the company's stock, valued at approximately $1,209,807.27. This represents a 3.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 307,635 shares of company stock worth $2,367,936. Company insiders own 7.65% of the company's stock.

Institutional Investors Weigh In On Archer Aviation

Several institutional investors and hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC acquired a new position in Archer Aviation in the first quarter worth $293,000. Integrated Wealth Concepts LLC lifted its position in shares of Archer Aviation by 11.1% in 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 last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Archer Aviation by 44.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 192,164 shares of the company's stock valued at $1,366,000 after buying an additional 59,317 shares during the period. NewEdge Advisors LLC grew its position in shares of Archer Aviation by 5.1% during the 1st quarter. NewEdge Advisors LLC now owns 35,739 shares of the company's stock valued at $254,000 after buying an additional 1,738 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Archer Aviation by 51.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 844,017 shares of the company's stock worth $6,001,000 after acquiring an additional 285,414 shares during the period. 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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