Key Points
- CFO Priya Gupta sold 10,172 Archer shares on March 5 at an average price of $6.46 for about $65,711, trimming her stake by 5.59% to 171,754 shares (≈$1.11M).
- Archer reported quarterly EPS of -$0.26 versus -$0.17 expected and revenue of $0.30M versus $1.40M expected, underscoring ongoing losses and cash‑burn.
- The company achieved key commercialization milestones—FAA acceptance of its Means of Compliance, a Starlink connectivity deal and selection in the White House eVTOL pilot program—while facing legal risks (lawsuit with Joby) and dilution concerns; analysts hold a consensus "Moderate Buy" with a $12 price target.
Archer Aviation Inc. (NYSE:ACHR - Get Free Report) CFO Priya Gupta sold 10,172 shares of the stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $6.46, for a total value of $65,711.12. Following the sale, the chief financial officer owned 171,754 shares of the company's stock, valued at approximately $1,109,530.84. The trade was a 5.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Archer Aviation Stock Performance
ACHR opened at $6.53 on Tuesday. The company has a quick ratio of 19.89, a current ratio of 19.89 and a debt-to-equity ratio of 0.05. The stock's 50 day moving average price is $7.62 and its two-hundred day moving average price is $8.72. The firm has a market capitalization of $4.25 billion, a P/E ratio of -6.59 and a beta of 3.10. Archer Aviation Inc. has a 12-month low of $5.48 and a 12-month high of $14.62.
Archer Aviation (NYSE:ACHR - Get Free Report) last issued its quarterly earnings results on Monday, March 2nd. The company reported ($0.26) EPS for the quarter, missing analysts' consensus estimates of ($0.17) by ($0.09). The firm had revenue of $0.30 million during the quarter, compared to the consensus estimate of $1.40 million. Archer Aviation's revenue for the quarter was up 29900.0% compared to the same quarter last year. On average, equities analysts forecast that Archer Aviation Inc. will post -1.32 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on the stock. Weiss Ratings reissued a "sell (d-)" rating on shares of Archer Aviation in a report on Wednesday, January 21st. Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Archer Aviation in a research report on Monday, November 24th. Needham & Company LLC reduced their target price on shares of Archer Aviation from $10.00 to $9.00 and set a "buy" rating for the company in a research note on Tuesday, March 3rd. The Goldman Sachs Group started coverage on Archer Aviation in a research report on Monday, December 1st. They set a "neutral" rating and a $11.00 target price on the stock. Finally, Canaccord Genuity Group boosted their price target on Archer Aviation from $12.00 to $13.00 and gave the company a "buy" rating in a research note on Friday, November 21st. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Archer Aviation has a consensus rating of "Moderate Buy" and a consensus price target of $12.00.
Get Our Latest Research Report on Archer Aviation
Archer Aviation News Roundup
Here are the key news stories impacting Archer Aviation this week:
- Positive Sentiment: FAA milestone and Starlink partnership move commercialization forward — Archer became the first eVTOL maker to receive full FAA acceptance of its Means of Compliance for its Midnight aircraft, reducing a major regulatory hurdle; it also announced Starlink connectivity for in-flight systems, strengthening product offering and operational readiness. Archer FAA Milestone and Starlink Deal
- Positive Sentiment: White House eVTOL Integration Pilot Program selection supports US route access — Partners in Florida, New York and Texas were selected for the eIPP, creating a formal pathway to begin commercial air taxi operations and likely speeding local regulatory coordination and launch timelines. White House eIPP Selection
- Positive Sentiment: Analyst coverage leans constructive — Several brokerages and aggregator pieces show a consensus “moderate buy”/positive tilt, which can support demand and investor sentiment if guidance and milestones continue to print. Brokerage Consensus
- Neutral Sentiment: Media/analyst write-ups reframe progress vs valuation — Coverage highlights the milestone progress but also reminds investors of high valuation and execution risk; useful for context but not new company disclosures. Valuation/Risks Commentary
- Neutral Sentiment: Investor guides and features urge long‑term view — Popular outlets argue long-term upside outweighs short-term cash-burn concerns; these pieces can attract retail interest but don’t change fundamentals. Investor Feature
- Negative Sentiment: Lawsuit vs. Joby escalates legal risk and could be distracting/expensive — Archer filed suit accusing Joby of misrepresenting China reliance; litigation could draw legal costs, create uncertainty and distract management. Archer Sues Joby
- Negative Sentiment: Prospectus to issue shares to vendors raises dilution concerns — Filing to issue stock to vendors signals capital needs; if material, equity issuance could dilute existing holders and pressure the stock. Prospectus / Share Issuance
Institutional Investors Weigh In On Archer Aviation
Institutional investors have recently bought and sold shares of the business. Vestor Capital LLC lifted its holdings in shares of Archer Aviation by 1,014.7% during the 2nd quarter. Vestor Capital LLC now owns 278,666 shares of the company's stock worth $3,024,000 after acquiring an additional 253,666 shares during the period. Handelsbanken Fonder AB acquired a new stake in shares of Archer Aviation during the 2nd quarter valued at about $1,324,000. Voya Investment Management LLC increased its stake in Archer Aviation by 180.0% in the third quarter. Voya Investment Management LLC now owns 418,366 shares of the company's stock valued at $4,008,000 after acquiring an additional 268,955 shares during the period. Cetera Investment Advisers raised its position in Archer Aviation by 16.6% in the second quarter. Cetera Investment Advisers now owns 374,059 shares of the company's stock worth $4,059,000 after purchasing an additional 53,135 shares in the last quarter. Finally, Marex Group plc acquired a new position in Archer Aviation in the second quarter worth about $24,699,000. Institutional investors and hedge funds own 59.34% of the company's stock.
Archer Aviation Company Profile
(
Get Free Report)
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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