Archer Aviation Inc. (NYSE:ACHR – Get Free Report)’s stock price traded up 8.7% on Tuesday . The company traded as high as $7.08 and last traded at $6.8050. 89,648,468 shares traded hands during mid-day trading, an increase of 134% from the average daily volume of 38,286,906 shares. The stock had previously closed at $6.26.
Archer Aviation News Roundup
Here are the key news stories impacting Archer Aviation this week:
- Positive Sentiment: Boeing transaction expands Archer’s business: Archer will acquire the three Boeing units in an all-stock deal, while Boeing receives approximately a 20% stake and a board seat. The agreement adds autonomous-flight technology, air-traffic-management capabilities and unmanned aircraft expertise. Archer to acquire Boeing’s Wisk and two subsidiaries
- Positive Sentiment: Defense exposure could provide nearer-term revenue: Insitu is an established defense-drone business generating more than $200 million in annual revenue, giving Archer a potential cash-flow source while its Midnight electric air taxi proceeds through certification. Management also sees defense applications for its autonomous Halo/Thunder aircraft platform. Archer CEO Says Defense Could Solve Its Air Taxi Problem
- Positive Sentiment: Analysts remain bullish: Cantor Fitzgerald reaffirmed an Overweight rating with an $11 price target, while H.C. Wainwright reiterated its Buy rating and projected revenue could grow from approximately $17 million in 2026 to $800 million by 2028. H.C. Wainwright revenue forecast
- Neutral Sentiment: Quarterly revenue beat estimates: Second-quarter revenue was $5 million versus a consensus estimate of $1.94 million, reflecting early operations. However, Archer’s adjusted EBITDA loss remained substantial at roughly $177 million, and management expects another sizable loss in the third quarter. Archer Announces Second Quarter 2026 Results
- Negative Sentiment: Risks include dilution and execution: Issuing equity to Boeing will dilute existing shareholders, while integrating three businesses could raise costs and complicate operations. The deal also requires regulatory clearance, and Archer continues to face heavy cash burn despite approximately $1.6 billion in liquidity. Archer buys Boeing defense business
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on the company. Canaccord Genuity Group reduced their target price on Archer Aviation from $13.00 to $12.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. Needham & Company LLC restated a “buy” rating and issued a $9.00 price objective 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. UBS Group restated an “overweight” rating on shares of Archer Aviation in a report on Tuesday. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $11.00 price objective on shares of Archer Aviation in a research report on Tuesday. Five equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $12.43.
Archer Aviation Trading Up 8.7%
The firm has a market capitalization of $5.17 billion, a price-to-earnings ratio of -6.19 and a beta of 3.20. The business has a 50-day moving average of $5.17 and a two-hundred day moving average of $5.98. The company has a quick ratio of 18.06, a current ratio of 18.06 and a debt-to-equity ratio of 0.06.
Archer Aviation (NYSE:ACHR – Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The company reported ($0.34) EPS for the quarter, meeting the consensus estimate of ($0.34). The firm had revenue of $5.00 million during the quarter, compared to analyst estimates of $1.94 million. Research analysts predict that Archer Aviation Inc. will post -1.4 EPS for the current fiscal year.
Insider Transactions at Archer Aviation
In related news, CTO Thomas Paul Muniz sold 91,839 shares of the company’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 completion of the transaction, the chief technology officer directly owned 1,462,314 shares in the company, valued at approximately $8,700,768.30. This represents a 5.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, 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 value of $73,863.30. Following the completion of the transaction, the chief accounting officer directly owned 87,210 shares of the company’s stock, valued at approximately $518,899.50. This trade represents a 12.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 250,743 shares of company stock valued at $1,497,672. Company insiders own 5.55% of the company’s stock.
Institutional Trading of Archer Aviation
Several hedge funds have recently modified their holdings of the company. Gould Capital LLC raised its stake in shares of Archer Aviation by 238.1% in the fourth quarter. Gould Capital LLC now owns 3,560 shares of the company’s stock valued at $27,000 after acquiring an additional 2,507 shares during the last quarter. Strs Ohio acquired a new position in Archer Aviation in the first quarter worth $27,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of Archer Aviation by 840.1% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,732 shares of the company’s stock worth $28,000 after purchasing an additional 3,335 shares during the last quarter. Modus Advisors LLC bought a new position in shares of Archer Aviation in the fourth quarter valued at about $29,000. Finally, Basepoint Wealth LLC acquired a new position in Archer Aviation during the 4th quarter worth about $32,000. Institutional investors and hedge funds own 59.34% of the company’s stock.
Archer Aviation Company Profile
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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