NYSE:ACHR

Archer Aviation (ACHR) Stock Forecast, Price & News

$5.18

-0.33 (-5.98%)

(As of 09/22/2023 ET)

Compare

Today's Range: $5.14
▼
$5.60
50-Day Range: $4.51
▼
$7.22
52-Week Range: $1.62
▼
$7.49

Volume: 7.73 million shs
Average Volume: 4.92 million shs
Market Capitalization: $1.33 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $8.30

Archer Aviation MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 60.1% Upside
$8.30 Price Target
Short Interest: Bearish
21.92% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.83
Based on 10 Articles This Week
Insider Trading: Selling Shares
$1.30 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($1.63) to ($1.37) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.22 out of 5 stars

Aerospace Sector

19th out of 44 stocks

Aircraft Industry

2nd out of 9 stocks

3.4

Analyst's Opinion

Consensus Rating
Archer Aviation has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.30, Archer Aviation has a forecasted upside of 60.1% from its current price of $5.19.
Amount of Analyst Coverage
Archer Aviation has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
21.92% of the float of Archer Aviation has been sold short.
Short Interest Ratio / Days to Cover
Archer Aviation has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Archer Aviation has recently increased by 27.42%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Archer Aviation does not currently pay a dividend.
Dividend Growth
Archer Aviation does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ACHR.

3.2

News and Social Media Coverage

News Sentiment
Archer Aviation has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Archer Aviation this week, compared to 3 articles on an average week.
Search Interest
Only 57 people have searched for ACHR on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.
MarketBeat Follows
50 people have added Archer Aviation to their MarketBeat watchlist in the last 30 days. This is an increase of 52% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Archer Aviation insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,297,125.00 in company stock.
Percentage Held by Insiders
27.17% of the stock of Archer Aviation is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
45.07% of the stock of Archer Aviation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Archer Aviation are expected to grow in the coming year, from ($1.63) to ($1.37) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Archer Aviation is -2.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Archer Aviation is -2.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Archer Aviation has a P/B Ratio of 2.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Archer Aviation (NYSE:ACHR) Stock

Archer Aviation Inc., an urban air mobility company, engages in designs, develops, manufactures, and operates electric vertical takeoff and landing aircrafts to carry passengers. The company was formerly known as Atlas Crest Investment Corp. and changed its name to Archer Aviation Inc. Archer Aviation Inc. was incorporated in 2018 and is headquartered in San Jose, California.

ACHR Price History

30 days | 90 days | 365 days | Advanced Chart

ACHR Stock News Headlines

September 21, 2023 | marketbeat.com

5 Reasons Why Amprius is About to Take Flight (ACHR)

Amprius Technologies silicon anode batteries are in high demand by aviation manufacturers looking to electrify their products.

September 22, 2023 | tmcnet.com

The Law Offices of Frank R. Cruz Announces Investigation of Archer Aviation, Inc. (ACHR) on Behalf of Investors

September 23, 2023 | Chaikin Analytics (Ad)

This Stock Could Go Up 66% or More.

Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.

September 22, 2023 | tmcnet.com

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Archer Aviation, Inc. (ACHR) on Behalf of Investors

September 22, 2023 | benzinga.com

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Archer Aviation, Inc. (ACHR) on Behalf of Investors

September 22, 2023 | stockhouse.com

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Archer Aviation Inc. with Losses of $100,000 to Contact the Firm

September 21, 2023 | benzinga.com

Pomerantz Law Firm Announces the Filing of a Class Action Against Archer Aviation, Inc. and Certain Officers - ACHR

September 20, 2023 | markets.businessinsider.com

Cathie Wood Just Added More Archer (ACHR) Stock to Her ARKK ETF

September 23, 2023 | Chaikin Analytics (Ad)

This Stock Could Go Up 66% or More.

Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.

September 18, 2023 | benzinga.com

Thinking about buying stock in Canopy Growth, Lithium Americas, T2 Biosystems, Taysha Gene Therapies, or Archer Aviation?

September 17, 2023 | americanbankingnews.com

Archer Aviation (NYSE:ACHR) Shares Down 6.1%

September 13, 2023 | seekingalpha.com

Archer Aviation: Cathie Wood Is Bullish, We Are Skeptical

September 8, 2023 | msn.com

ARK Invest continues to load up on Archer Aviation

August 30, 2023 | finance.yahoo.com

Archer To Take Center Stage At U.S. Chamber of Commerce’s Upcoming Global Aerospace Summit in Washington, D.C. – Showcasing eVTOL Aircraft Industry’s Progress Towards Commercialization In 2025

August 29, 2023 | msn.com

Cathie Wood buys $3.8 million worth of Archer Aviation

August 28, 2023 | benzinga.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Archer Aviation, Inc. - ACHR

August 23, 2023 | benzinga.com

ROSEN, A TOP RANKED LAW FIRM, Encourages Archer Aviation, Inc. Investors to Inquire About Securities Class Action Investigation – ACHR

August 23, 2023 | markets.businessinsider.com

Archer Aviation Stock Is Simply Too Speculative to Buy Now

August 21, 2023 | benzinga.com

Thinking about buying stock in T2 Biosystems, Limbach Holdings, Ebet, Archer Aviation, or Novo Integrated Sciences?

August 21, 2023 | nasdaq.com

Why Archer Aviation Stock Is Soaring Today

August 21, 2023 | markets.businessinsider.com

What's Going On With Archer Aviation Stock Today?

August 18, 2023 | benzinga.com

ACHR ALERT: Levi & Korsinsky, LLP Announces Investigation of Archer Aviation, Inc.

August 18, 2023 | msn.com

Why Archer Aviation Stock Is Rocking Today

August 17, 2023 | benzinga.com

Thinking about buying stock in Ebet, IONQ, Nuvei, Oppfi, or Archer Aviation?

August 17, 2023 | benzinga.com

ACHR Alert: Monsey Law Firm of Wohl & Fruchter LLP Investigating Archer Aviation, Inc. for Potential Securities Law Violations

August 16, 2023 | finance.yahoo.com

After Archer Recently Received FAA Certificate Necessary To Begin Flying Midnight, It Continues Hitting Key Certification Milestones On Schedule As FAA Starts To Approve Midnight’s Certification Plans

August 14, 2023 | benzinga.com

Check Out What Whales Are Doing With ACHR

See More Headlines

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ACHR Company Calendar

Last Earnings: 8/10/2023
Today: 9/22/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Aircraft
Sub-Industry: N/A
Sector: Aerospace
Current Symbol: NYSE:ACHR
CUSIP: N/A
CIK: 1824502
Web: www.archer.com
Phone: 650-272-3233
Fax: N/A
Employees: 390
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $8.30
High Stock Price Forecast: $12.00
Low Stock Price Forecast: $3.50
Forecasted Upside/Downside: +60.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.96)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-317,300,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -111.37%
Return on Assets: -87.97%

Debt

Debt-to-Equity Ratio: 0.05
Current Ratio: 2.68
Quick Ratio: 2.68

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.04 per share
Price / Book: 2.54

Miscellaneous

Outstanding Shares: 255,740,000
Free Float: 186,253,000
Market Cap: $1.33 billion
Optionable: Optionable
Beta: 2.43

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Key Executives

Mr. Adam D. Goldstein (Age 43)
Founder, CEO & Director
Comp: $1.2M

Mr. Mark Mesler (Age 55)
Chief Financial Officer
Comp: $728.85k

Ms. Tosha Perkins (Age 40)
Chief People & Partnerships Officer
Comp: $749.25k

Mr. Thomas Paul Muniz (Age 38)
Chief Operating Officer

Mr. Andrew P. Missan Esq. (Age 61)
Chief Legal Officer & Sec.

Ms. Louise Bristow
Sr. Director of Marketing

Mr. Geoff Bower
Chief Engineer

Mr. Eric Wright
Head of Certification

Mr. Julien Montousse
Head of Design

Mr. Scott Furman
Chief Avionics Architect

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ACHR Stock - Frequently Asked Questions

Should I buy or sell Archer Aviation stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Archer Aviation in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ACHR shares.
View ACHR analyst ratings or view top-rated stocks.
What is Archer Aviation's stock price forecast for 2023?: 5 Wall Street analysts have issued 12-month target prices for Archer Aviation's shares. Their ACHR share price forecasts range from $3.50 to $12.00. On average, they anticipate the company's stock price to reach $8.30 in the next year. This suggests a possible upside of 60.1% from the stock's current price.
View analysts price targets for ACHR or view top-rated stocks among Wall Street analysts.
How have ACHR shares performed in 2023?: Archer Aviation's stock was trading at $1.87 on January 1st, 2023. Since then, ACHR shares have increased by 177.3% and is now trading at $5.1850.
View the best growth stocks for 2023 here.
Are investors shorting Archer Aviation?: Archer Aviation saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 31,320,000 shares, an increase of 27.4% from the August 15th total of 24,580,000 shares. Based on an average trading volume of 9,320,000 shares, the days-to-cover ratio is currently 3.4 days. Approximately 21.9% of the company's stock are sold short.
View Archer Aviation's Short Interest.
When is Archer Aviation's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our ACHR earnings forecast.
How were Archer Aviation's earnings last quarter?: Archer Aviation Inc. (NYSE:ACHR) posted its quarterly earnings results on Thursday, August, 10th. The company reported ($0.73) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.43) by $0.30.

What ETFs hold Archer Aviation's stock?: ETFs with the largest weight of Archer Aviation (NYSE:ACHR) stock in their portfolio include ARK Autonomous Technology & Robotics ETF (ARKQ), ARK Space Exploration & Innovation ETF (ARKX), AdvisorShares Drone Technology ETF (UAV), Invesco WilderHill Clean Energy ETF (PBW), WisdomTree Battery Value Chain and Innovation Fund (WBAT), SPDR S&P Aerospace & Defense ETF (XAR) and iShares U.S. Aerospace & Defense ETF (ITA).Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN).
What is Archer Aviation's stock symbol?: Archer Aviation trades on the New York Stock Exchange (NYSE) under the ticker symbol "ACHR."
Who are Archer Aviation's major shareholders?: Archer Aviation's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.12%), ARK Investment Management LLC (3.70%), Sumitomo Mitsui Trust Holdings Inc. (3.07%), State Street Corp (2.71%), Geode Capital Management LLC (1.19%) and Northern Trust Corp (0.50%). Insiders that own company stock include Adam D Goldstein, Andy Missan, Brett Adcock, Deborah Diaz, Marc E Lore, Maria Pinelli, Mark Mesler, Michael Spellacy, Thomas Paul Muniz and Tosha Perkins.
View institutional ownership trends.
How do I buy shares of Archer Aviation?: Shares of ACHR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Archer Aviation's stock price today?: One share of ACHR stock can currently be purchased for approximately $5.19.
How much money does Archer Aviation make?: Archer Aviation (NYSE:ACHR) has a market capitalization of $1.33 billion. The company earns $-317,300,000.00 in net income (profit) each year or ($1.96) on an earnings per share basis.
How many employees does Archer Aviation have?: The company employs 390 workers across the globe.
How can I contact Archer Aviation?: The official website for the company is www.archer.com. The company can be reached via phone at 650-272-3233.

This page (NYSE:ACHR) was last updated on 9/23/2023 by MarketBeat.com Staff

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