Archer Aviation (NYSE:ACHR) Stock Price Up 11.4% – Should You Buy?

Archer Aviation Inc. (NYSE:ACHRGet Free Report)’s stock price rose 11.4% during mid-day trading on Thursday . The company traded as high as $7.07 and last traded at $7.0050. Approximately 61,270,687 shares were traded during trading, an increase of 59% from the average session volume of 38,558,531 shares. The stock had previously closed at $6.29.

Archer Aviation News Roundup

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

  • Positive Sentiment: Major Boeing transaction expands Archer’s capabilities. Archer agreed to acquire Boeing subsidiaries Wisk Aero, Insitu, and SkyGrid in an all-stock deal. The transaction would add defense-related revenue opportunities, autonomous-flight and aviation-AI technology, and a Boeing equity stake, while potentially strengthening Archer’s research, development, and production capabilities. Cleared for Takeoff: Archer Aviation Changes the Math on eVTOL
  • Positive Sentiment: Commercialization and certification progress are supporting the investment case. Recent coverage highlights progress in Midnight flight testing, FAA certification, production expansion, and planned operations at Hawthorne Airport. Archer’s CEO has also indicated that commercial progress is becoming tangible, improving confidence that the company can move beyond development toward revenue-generating air-taxi services. Archer Aviation CEO Signals Strong Outlook for Investors
  • Positive Sentiment: Analyst and options-market interest are adding momentum. Cantor Fitzgerald initiated or reiterated an Overweight rating, while traders purchased a large volume of ACHR call options. Analysts and bullish investors are focusing on Archer’s partnerships, regulatory lead, military programs, and growing total addressable market. Archer Aviation Earns Overweight Rating from Cantor Fitzgerald
  • Neutral Sentiment: The stock’s recent rally has increased valuation and volatility concerns. ACHR has gained sharply over recent weeks, prompting investors to question whether further upside is justified by commercialization progress or whether expectations have moved ahead of fundamentals. The stock’s high beta and above-average trading activity indicate elevated volatility.
  • Negative Sentiment: Archer remains heavily loss-making and the Boeing deal could dilute shareholders. The company reported approximately $5 million in quarterly revenue while continuing to post substantial losses, and the all-stock acquisition will increase the share count. Execution, FAA certification, funding needs, and the integration of Boeing’s businesses remain important risks. Archer Aviation Jumped—What Is Behind the Latest Attention?

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Barclays upgraded Archer Aviation to a “hold” rating in a research note on Wednesday, July 29th. Needham & Company LLC restated a “buy” rating and issued a $9.00 price target on shares of Archer Aviation in a research note on Tuesday. HC Wainwright reaffirmed a “buy” rating on shares of Archer Aviation in a report on Tuesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Archer Aviation in a research report on Friday, July 17th. Finally, Wells Fargo & Company set a $18.00 target price on Archer Aviation in a report on Tuesday. Five equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $11.50.

Read Our Latest Stock Report on Archer Aviation

Archer Aviation Stock Up 11.4%

The stock’s fifty day simple moving average is $5.17 and its 200-day simple moving average is $5.95. The stock has a market cap of $5.32 billion, a P/E ratio of -6.49 and a beta of 3.20. The company has a debt-to-equity ratio of 0.06, a quick ratio of 18.06 and a current ratio of 18.06.

Archer Aviation (NYSE:ACHRGet Free Report) last announced its earnings results on Monday, August 10th. The company reported ($0.34) EPS for the quarter, hitting the consensus estimate of ($0.34). The business had revenue of $5.00 million for the quarter, compared to the consensus estimate of $1.94 million. As a group, research analysts forecast that Archer Aviation Inc. will post -1.4 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Archer Aviation news, CAO Harsh Rungta sold 12,414 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $5.95, for a total transaction of $73,863.30. Following the transaction, the chief accounting officer owned 87,210 shares in the company, valued at $518,899.50. This trade represents a 12.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Thomas Paul Muniz sold 91,839 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $5.95, for a total value of $546,442.05. Following the transaction, the chief technology officer owned 1,462,314 shares in the company, valued at approximately $8,700,768.30. This trade represents a 5.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 250,743 shares of company stock worth $1,497,672. 5.55% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in Archer Aviation by 4.4% during the fourth quarter. Vanguard Group Inc. now owns 54,676,158 shares of the company’s stock worth $411,165,000 after purchasing an additional 2,312,899 shares during the period. ARK Investment Management LLC increased its holdings in Archer Aviation by 12.4% in the 4th quarter. ARK Investment Management LLC now owns 35,170,701 shares of the company’s stock valued at $264,484,000 after buying an additional 3,869,252 shares during the period. State Street Corp increased its holdings in Archer Aviation by 11.2% in the 4th quarter. State Street Corp now owns 32,773,136 shares of the company’s stock valued at $246,454,000 after buying an additional 3,293,130 shares during the period. Morgan Stanley raised its position in shares of Archer Aviation by 21.6% in the 4th quarter. Morgan Stanley now owns 15,717,522 shares of the company’s stock valued at $118,196,000 after buying an additional 2,796,488 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Archer Aviation by 14.9% in the 4th quarter. Geode Capital Management LLC now owns 14,385,647 shares of the company’s stock valued at $108,197,000 after buying an additional 1,867,648 shares in the last quarter. Institutional investors and hedge funds own 59.34% of the company’s stock.

About Archer Aviation

(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.

Further Reading

Receive News & Ratings for Archer Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Archer Aviation and related companies with MarketBeat.com's FREE daily email newsletter.