Should I buy or sell Archer Aviation stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Archer Aviation in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ACHR shares. View ACHR analyst ratings or view top-rated stocks .

What is Archer Aviation's stock price target for 2024?

5 analysts have issued 1 year target prices for Archer Aviation's shares. Their ACHR share price targets range from $8.00 to $12.00. On average, they expect the company's stock price to reach $9.60 in the next twelve months. This suggests a possible upside of 152.6% from the stock's current price. View analysts price targets for ACHR or view top-rated stocks among Wall Street analysts .

How have ACHR shares performed in 2024?

Archer Aviation's stock was trading at $6.14 at the beginning of the year. Since then, ACHR shares have decreased by 38.1% and is now trading at $3.80. View the best growth stocks for 2024 here .

Are investors shorting Archer Aviation?

Archer Aviation saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 52,040,000 shares, an increase of 5.8% from the March 15th total of 49,210,000 shares. Based on an average trading volume of 5,380,000 shares, the short-interest ratio is currently 9.7 days. Approximately 27.3% of the shares of the company are sold short. View Archer Aviation's Short Interest .

When is Archer Aviation's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our ACHR earnings forecast .

How were Archer Aviation's earnings last quarter?

Archer Aviation Inc. (NYSE:ACHR) posted its quarterly earnings results on Monday, February, 26th. The company reported ($0.35) EPS for the quarter, meeting analysts' consensus estimates of ($0.35).

What ETFs hold Archer Aviation's stock?

ETFs with the largest weight of Archer Aviation (NYSE:ACHR) stock in their portfolio include AdvisorShares Drone Technology ETF (UAV) , ARK Space Exploration & Innovation ETF (ARKX) , SPDR S&P Aerospace & Defense ETF (XAR) , ARK Autonomous Technology & Robotics ETF (ARKQ) , WisdomTree Battery Value Chain and Innovation Fund (WBAT) , ARK Innovation ETF (ARKK) and iShares U.S. Aerospace & Defense ETF (ITA) . Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) .

Who are Archer Aviation's major shareholders?

Archer Aviation's stock is owned by many different institutional and retail investors. Top institutional shareholders include Hennion & Walsh Asset Management Inc. (0.01%). Insiders that own company stock include Adam D Goldstein, Andy Missan, Brett Adcock, Deborah Diaz, Marc E Lore , Maria Pinelli, Mark Mesler, Michael Spellacy, NV Stellantis, Thomas Paul Muniz and Tosha Perkins. 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 .

NYSE:ACHR

Archer Aviation (ACHR) Stock Price, News & Analysis

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$3.83

+0.05 (+1.32%)

(As of 01:34 PM ET)

Compare

Today's Range: $3.72
▼
$3.86
50-Day Range: $3.79
▼
$5.60
52-Week Range: $1.77
▼
$7.49

Volume: 2.78 million shs
Average Volume: 5.17 million shs
Market Capitalization: $1.19 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $9.60

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Archer Aviation MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 152.6% Upside
$9.60 Price Target
Short Interest: Bearish
27.34% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.67
Based on 11 Articles This Week
Insider Trading: Acquiring Shares
$15.72 M Bought Last Quarter
Proj. Earnings Growth: Growing
From ($1.45) to ($1.20) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.49 out of 5 stars

Aerospace Sector

26th out of 43 stocks

Aircraft Industry

3rd out of 9 stocks

3.5

Analyst's Opinion

Consensus Rating
Archer Aviation has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Archer Aviation has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
27.34% 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 9.7.
Change versus previous month
Short interest in Archer Aviation has recently increased by 5.75%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Archer Aviation does not currently pay a dividend.
Dividend Growth
Archer Aviation does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ACHR.

2.6

News and Social Media Coverage

News Sentiment
Archer Aviation has a news sentiment score of 0.67. 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 higher news sentiment than the 0.56 average news sentiment score of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for Archer Aviation this week, compared to 6 articles on an average week.
Search Interest
Only 39 people have searched for ACHR on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.
MarketBeat Follows
Only 33 people have added Archer Aviation to their MarketBeat watchlist in the last 30 days. This is a decrease of -31% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Archer Aviation insiders have bought more of their company's stock than they have sold. Specifically, they have bought $15,724,500.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
27.17% of the stock of Archer Aviation is held by insiders. A high percentage of insider ownership can be a sign of company health.
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.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Archer Aviation are expected to grow in the coming year, from ($1.45) to ($1.20) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Archer Aviation is -2.20, 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 -2.20, 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 3.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Archer Aviation Stock (NYSE:ACHR)

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.

ACHR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ACHR Stock News Headlines

March 19, 2024 | insidertrades.com

Archer Aviation Inc. (NYSE:ACHR) Major Shareholder Acquires $3,892,500.00 in Stock

April 18, 2024 | businesswire.com

Archer Opens D.C. Office; Adds Key Policy, Government, and Regulatory Affairs Leaders Under Former FAA Chief as It Prepares for Commercial Launch

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April 18, 2024 | americanbankingnews.com

Archer Aviation Inc. (NYSE:ACHR) Sees Large Increase in Short Interest