Archer Aviation (ACHR) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $8.18 to $10.00
• 50-Day Range: $3.06 to $9.57
• 52-Week Range: $2.82 to $10.58
• Volume: 70.01 million shs
• Average Volume: 12.81 million shs
• Market Capitalization: $4.04 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $10.63
• Consensus Rating: Moderate Buy

Archer Aviation Stock Analysis - MarketRank™

Archer Aviation scored higher than 65% of companies evaluated by MarketBeat, and ranked 23rd out of 54 stocks in the aerospace sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Archer Aviation has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Archer Aviation has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Archer Aviation are expected to grow in the coming year, from ($1.28) to ($1.07) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Archer Aviation is -7.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Archer Aviation is -7.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Archer Aviation has a P/B Ratio of 7.84. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

26.60% of the float of Archer Aviation has been sold short.

Short Interest Ratio / Days to Cover

Archer Aviation has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Archer Aviation has recently decreased by 6.75%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Archer Aviation does not currently pay a dividend.

Dividend Growth

Archer Aviation does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

26.60% of the float of Archer Aviation has been sold short.

Short Interest Ratio / Days to Cover

Archer Aviation has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Archer Aviation has recently decreased by 6.75%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.51

News Sentiment

Archer Aviation has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Aerospace companies.

News Coverage This Week

MarketBeat has tracked 51 news articles for Archer Aviation this week, compared to 13 articles on an average week.

Search Interest

227 people have searched for ACHR on MarketBeat in the last 30 days. This is an increase of 105% compared to the previous 30 days.

MarketBeat Follows

360 people have added Archer Aviation to their MarketBeat watchlist in the last 30 days. This is an increase of 108% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Archer Aviation insiders have sold 125.73% more of their company's stock than they have bought. Specifically, they have bought $5,139,699.00 in company stock and sold $11,601,707.00 in company stock.

Percentage Held by Insiders

Only 9.75% of the stock of Archer Aviation is held by insiders.

Percentage Held by Institutions

59.34% of the stock of Archer Aviation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ACHR Stock Analysis - Frequently Asked Questions

How have ACHR shares performed this year?

Archer Aviation's stock was trading at $6.14 at the beginning of the year. Since then, ACHR stock has increased by 54.6% and is now trading at $9.49.
View the best growth stocks for 2024 here.

How were Archer Aviation's earnings last quarter?

Archer Aviation Inc. (NYSE:ACHR) announced its quarterly earnings results on Friday, November, 8th. The company reported ($0.29) EPS for the quarter, missing analysts' consensus estimates of ($0.24) by $0.05.

Who are Archer Aviation's major shareholders?

Archer Aviation's top institutional shareholders include ARK Investment Management LLC (6.62%), State Street Corp (3.10%), Sumitomo Mitsui Trust Group Inc. (2.63%) and Geode Capital Management LLC (1.44%). Insiders that own company stock include NV Stellantis, Marc E Lore, Brett Adcock, Adam D Goldstein, Thomas Paul Muniz, Tosha Perkins, Maria Pinelli, Mark Mesler, Michael Spellacy and Eric Lentell.
View institutional ownership trends.

How do I buy shares of Archer Aviation?

Shares of ACHR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Archer Aviation own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Archer Aviation investors own include Block (SQ), Digital Turbine (APPS), CrowdStrike (CRWD), SoFi Technologies (SOFI), Okta (OKTA) and Canoo (GOEV).

Company Calendar

• Last Earnings: 11/08/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Aerospace
• Industry: Aircraft
• Sub-Industry: Aircraft
• Current Symbol: NYSE:ACHR
• CUSIP: N/A
• CIK: 1824502
• Web: www.archer.com
• Phone: 650-272-3233
• Fax: N/A
• Employees: 210
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $10.63
• High Stock Price Target: $15.00
• Low Stock Price Target: $4.50
• Potential Upside/Downside: +12.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.88
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.32)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-457,900,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -115.19%
• Return on Assets: -81.03%

Debt

• Debt-to-Equity Ratio: 0.16
• Current Ratio: 6.03
• Quick Ratio: 6.03

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.21 per share
• Price / Book: 7.84

Miscellaneous

• Outstanding Shares: 425,273,000
• Free Float: 383,809,000
• Market Cap: $4.04 billion
• Optionable: Optionable
• Beta: 3.19