Archer Aviation (NYSE: ACHR) recently received a number of ratings updates from brokerages and research firms:
- 2/28/2025 – Archer Aviation had its price target raised by analysts at Canaccord Genuity Group Inc. from $13.00 to $13.50. They now have a “buy” rating on the stock.
- 2/28/2025 – Archer Aviation had its “buy” rating reaffirmed by analysts at HC Wainwright. They now have a $12.50 price target on the stock.
- 2/28/2025 – Archer Aviation had its price target raised by analysts at Needham & Company LLC from $11.00 to $13.00. They now have a “buy” rating on the stock.
- 2/21/2025 – Archer Aviation had its price target raised by analysts at Raymond James from $11.00 to $12.00. They now have an “outperform” rating on the stock.
- 2/12/2025 – Archer Aviation had its price target lowered by analysts at Canaccord Genuity Group Inc. from $14.00 to $13.00. They now have a “buy” rating on the stock.
- 1/16/2025 – Archer Aviation had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $11.00 price target on the stock.
- 1/10/2025 – Archer Aviation was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating. They now have a $9.00 price target on the stock, up previously from $6.00.
- 1/8/2025 – Archer Aviation had its price target raised by analysts at Canaccord Genuity Group Inc. from $11.00 to $14.00. They now have a “buy” rating on the stock.
Archer Aviation Stock Performance
Shares of ACHR stock traded down $0.58 on Thursday, hitting $7.56. 19,080,648 shares of the stock were exchanged, compared to its average volume of 32,898,898. The firm’s 50 day moving average is $9.45 and its two-hundred day moving average is $6.35. Archer Aviation Inc. has a one year low of $2.82 and a one year high of $12.48. The firm has a market capitalization of $3.21 billion, a PE ratio of -5.72 and a beta of 3.13. The company has a current ratio of 6.03, a quick ratio of 6.03 and a debt-to-equity ratio of 0.16.
Archer Aviation (NYSE:ACHR – Get Free Report) last issued its earnings results on Thursday, February 27th. The company reported ($0.30) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.40) by $0.10. Sell-side analysts expect that Archer Aviation Inc. will post -1.32 earnings per share for the current fiscal year.
Insider Activity at Archer Aviation
Institutional Investors Weigh In On Archer Aviation
A number of institutional investors and hedge funds have recently bought and sold shares of ACHR. Total Wealth Planning & Management Inc. purchased a new stake in shares of Archer Aviation during the 4th quarter valued at $450,000. Infinitum Asset Management LLC purchased a new position in shares of Archer Aviation during the 4th quarter valued at about $10,844,000. Sunbelt Securities Inc. bought a new stake in Archer Aviation in the 4th quarter worth approximately $27,000. PharVision Advisers LLC bought a new position in Archer Aviation during the fourth quarter valued at approximately $187,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Archer Aviation by 62.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 558,603 shares of the company’s stock worth $5,446,000 after acquiring an additional 215,593 shares during the last quarter. 59.34% of the stock is owned by hedge funds and other institutional investors.
Archer Aviation Inc, together with its subsidiaries, engages in designs, develops, and operates electric vertical takeoff and landing aircraft for use in urban air mobility. The company was formerly known as Atlas Crest Investment Corp. and changed its name to Archer Aviation Inc The company is headquartered in San Jose, California.
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