Archer Aviation Inc. (NYSE:ACHR) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• Analysts have a consensus “Hold” rating on Archer Aviation, with five buys, three holds and one sell among nine firms. The average 12-month price target is $11.50.
• Archer’s planned acquisition of Boeing subsidiaries Wisk Aero, Insitu and SkyGrid cleared a key antitrust waiting period, potentially expanding the company into autonomous aviation, defense and drone markets.
• Despite strategic expansion and Midnight aircraft demonstrations, Archer remains loss-making and faces significant certification and commercialization risks; the company reported a quarterly loss of $0.34 per share and $5 million in revenue.

Shares of Archer Aviation Inc. (NYSE:ACHR - Get Free Report) have earned an average rating of "Hold" from the nine ratings firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $11.50.

A number of equities research analysts recently commented on ACHR shares. Barclays raised shares of Archer Aviation to a "hold" rating in a research report on Wednesday, July 29th. HC Wainwright reaffirmed a "buy" rating on shares of Archer Aviation in a report on Tuesday, August 11th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $11.00 price target on shares of Archer Aviation in a research report on Tuesday, August 11th. Wells Fargo & Company set a $18.00 price objective on Archer Aviation in a report on Tuesday, August 11th. Finally, UBS Group reissued an "overweight" rating on shares of Archer Aviation in a research report on Tuesday, August 11th.

Archer Aviation News Roundup

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

• Positive Sentiment: Archer announced that the Hart-Scott-Rodino antitrust waiting period for its planned acquisition of Boeing subsidiaries Wisk Aero, Insitu and SkyGrid expired on September 18. The clearance removes a regulatory hurdle and advances a transaction that could broaden Archer beyond passenger air taxis into autonomous aviation, defense and drone-related markets. Archer Announces Expiration of Hart-Scott-Rodino Waiting Period
• Positive Sentiment: The Boeing transaction is viewed as a strategic signal because Boeing’s backing and the potential defense revenue pathway could give Archer capabilities and market access that many competing electric vertical takeoff and landing, or eVTOL, companies lack. Archer Aviation Sends Strong Signal With Boeing Move
• Positive Sentiment: Archer is expanding demonstrations of its Midnight aircraft, including a U.S. flight tour and an appearance at the California International Air Show, while pursuing commercial opportunities in the UAE, Europe, Asia-Pacific and other international markets. These efforts could support customer awareness, regulatory engagement and eventual route development. Why Archer Aviation Is Up After Expanded Midnight Air Taxi Tours
• Neutral Sentiment: Archer is being compared favorably with Joby Aviation because of Boeing’s support and defense opportunity, but Joby currently leads on FAA certification progress and has a commercial deployment plan with Delta. The comparison highlights Archer’s potential while underscoring its need to close the certification gap. Archer Aviation vs. Joby Aviation
• Negative Sentiment: The acquisition, international expansion and air-show demonstrations do not yet translate into significant revenue. Archer remains loss-making, so investors may be taking profits or remaining cautious until certification, production and commercial operations show measurable progress.

Archer Aviation Price Performance

Shares of ACHR stock opened at $5.71 on Friday. The stock's 50-day moving average is $5.60 and its 200 day moving average is $5.66. Archer Aviation has a 1-year low of $4.30 and a 1-year high of $14.62. The company has a debt-to-equity ratio of 0.06, a current ratio of 10.21 and a quick ratio of 10.21. The company has a market cap of $4.39 billion, a P/E ratio of -5.28 and a beta of 3.23.

Archer Aviation (NYSE:ACHR - Get Free Report) last announced its earnings results on Monday, August 10th. The company reported ($0.34) EPS for the quarter, hitting analysts' consensus estimates of ($0.34). The firm had revenue of $5.00 million during the quarter, compared to the consensus estimate of $1.94 million. Research analysts predict that Archer Aviation will post -1.37 earnings per share for the current fiscal year.

Insider Buying and Selling at Archer Aviation

In other Archer Aviation news, CAO Harsh Rungta sold 13,880 shares of the firm's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $6.41, for a total value of $88,970.80. Following the completion of the sale, the chief accounting officer owned 110,847 shares of the company's stock, valued at approximately $710,529.27. This trade represents a 11.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Priya Gupta sold 10,015 shares of the business's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $6.41, for a total value of $64,196.15. Following the sale, the chief financial officer owned 202,784 shares in the company, valued at $1,299,845.44. The trade was a 4.71% 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. Over the last ninety days, insiders sold 176,657 shares of company stock worth $1,122,371. 5.55% of the stock is owned by insiders.

Institutional Trading of Archer Aviation

Large investors have recently bought and sold shares of the stock. Gould Capital LLC lifted its stake in shares of Archer Aviation by 238.1% during the fourth quarter. Gould Capital LLC now owns 3,560 shares of the company's stock worth $27,000 after buying an additional 2,507 shares during the period. Modus Advisors LLC acquired a new position in shares of Archer Aviation in the 4th quarter valued at $29,000. Basepoint Wealth LLC purchased a new position in Archer Aviation in the 4th quarter worth $32,000. Caitong International Asset Management Co. Ltd raised its stake in Archer Aviation by 979.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,285 shares of the company's stock worth $32,000 after acquiring an additional 3,888 shares during the last quarter. Finally, Anchor Investment Management LLC lifted its position in Archer Aviation by 48.9% during the 4th quarter. Anchor Investment Management LLC now owns 7,809 shares of the company's stock worth $59,000 after acquiring an additional 2,565 shares during the period. Hedge funds and other institutional investors own 59.34% of the company's stock.

Archer Aviation Company Profile

Archer Aviation Inc is an aerospace company developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. Its aircraft are designed to transport passengers over short distances using distributed electric propulsion, with the goal of providing quieter and potentially faster alternatives to traditional ground transportation in congested urban areas.

The company's primary aircraft is Midnight, a piloted, four-passenger eVTOL aircraft intended for commercial air taxi operations.

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