Archer Aviation (NYSE:ACHR) Upgraded at Barclays

Barclays upgraded shares of Archer Aviation (NYSE:ACHR) from an equal weight rating to an overweight rating in a research report report published on Friday morning, MarketBeat.com reports. They currently have $8.00 target price on the stock, up from their previous target price of $4.50.

Several other brokerages also recently weighed in on ACHR. UBS Group reissued an “overweight” rating on shares of Archer Aviation in a research note on Tuesday, August 11th. Wells Fargo & Company set a $18.00 target price on shares of Archer Aviation in a report on Tuesday, August 11th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Archer Aviation in a research note on Friday, July 17th. HC Wainwright reiterated a “buy” rating on shares of Archer Aviation in a report on Tuesday, August 11th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $11.00 price target on shares of Archer Aviation in a report on Tuesday, August 11th. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $11.00.

Archer Aviation Stock Performance

NYSE:ACHR opened at $4.97 on Friday. The stock’s fifty day moving average is $5.62 and its 200 day moving average is $5.57. Archer Aviation has a fifty-two week low of $4.30 and a fifty-two week high of $14.62. The firm has a market capitalization of $3.83 billion, a PE ratio of -4.61 and a beta of 3.27. The company has a debt-to-equity ratio of 0.06, a quick ratio of 10.21 and a current ratio of 10.21.

Archer Aviation (NYSE:ACHR) last issued its quarterly earnings results on Monday, August 10th. The company reported ($0.34) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.34). The company had revenue of $5.00 million during the quarter, compared to the consensus estimate of $1.94 million. On average, sell-side analysts anticipate that Archer Aviation will post -1.37 earnings per share for the current year.

Insider Transactions at Archer Aviation

In related news, CAO Harsh Rungta sold 13,880 shares of the business’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $6.41, for a total transaction of $88,970.80. Following the completion of the transaction, the chief accounting officer owned 110,847 shares in the company, valued at $710,529.27. The trade was a 11.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Priya Gupta sold 10,015 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $6.41, for a total value of $64,196.15. Following the transaction, the chief financial officer owned 202,784 shares of the company’s stock, valued at approximately $1,299,845.44. The trade was a 4.71% decrease in their position. 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. Over the last three months, insiders have sold 176,657 shares of company stock worth $1,122,371. 5.55% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Archer Aviation

Hedge funds have recently bought and sold shares of the business. Gould Capital LLC boosted its stake in shares of Archer Aviation by 238.1% during the fourth quarter. Gould Capital LLC now owns 3,560 shares of the company’s stock valued at $27,000 after purchasing an additional 2,507 shares during the period. GAMMA Investing LLC grew its holdings in shares of Archer Aviation by 189.3% in the third quarter. GAMMA Investing LLC now owns 6,272 shares of the company’s stock worth $31,000 after purchasing an additional 4,104 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its stake in Archer Aviation by 979.3% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,285 shares of the company’s stock worth $32,000 after buying an additional 3,888 shares during the period. Parallel Advisors LLC increased its stake in Archer Aviation by 59.4% in the 1st quarter. Parallel Advisors LLC now owns 8,786 shares of the company’s stock worth $45,000 after buying an additional 3,275 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its stake in Archer Aviation by 157.7% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 9,529 shares of the company’s stock worth $47,000 after buying an additional 5,832 shares during the period. Institutional investors own 59.34% of the company’s stock.

Key Archer Aviation News

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

• Positive Sentiment: Barclays initiated Archer at Overweight with an $8 price target, implying approximately 61% upside from the roughly $4.97 reference price. The firm’s bullish view reportedly reflects Archer’s electric vertical takeoff and landing (eVTOL) development and growing defense ambitions. Barclays upgrades Archer Aviation to overweight from equal-weight
• Positive Sentiment: Archer’s shares outperformed other air-taxi stocks after Barclays upgraded the company while downgrading rival Joby Aviation. The divergence suggests investors viewed Archer’s positioning more favorably following the new coverage. Joby sinks as Barclays cuts rating while Archer rises on overweight call
• Positive Sentiment: ARK Invest continued adding exposure to air-taxi and defense companies, providing a supportive signal for the broader eVTOL investment theme, although the report does not quantify the purchases specifically in ACHR. Cathie Wood’s ARK Invest doubles down on air taxi stocks and defense plays
• Neutral Sentiment: Recent analysis highlighted Archer’s eVTOL progress and substantial liquidity as long-term advantages, but cautioned that the stock’s premium valuation and continuing development risk could limit near-term gains. Archer outperforms industry in the past three months
• Negative Sentiment: Earlier weakness in ACHR and Joby reflected investor concern over a reported $116.9 million jury verdict. The available report does not specify Archer’s direct liability, but the legal development created an overhang for the emerging air-taxi sector. Why Joby and Archer stocks were falling

Archer Aviation Company Profile

Archer Aviation Inc is an aerospace company developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. Its goal is to provide quieter, lower-emission transportation for short passenger trips, including airport transfers and travel between urban and suburban locations.

The company’s primary aircraft is Midnight, a piloted, four-passenger eVTOL aircraft designed for frequent short-distance flights. Archer has also developed Maker, a smaller technology demonstrator used to test its electric propulsion, flight-control and other aircraft systems.