Archer Aviation (NYSE:ACHR) Given New $9.00 Price Target at Needham & Company LLC

Archer Aviation (NYSE:ACHR) had its price target decreased by Needham & Company LLC from $10.00 to $9.00 in a report published on Tuesday,Benzinga reports. Needham & Company LLC currently has a buy rating on the stock.

Several other brokerages have also recently weighed in on ACHR. JPMorgan Chase & Co. reduced their target price on shares of Archer Aviation from $10.00 to $8.00 and set a “neutral” rating on the stock in a report on Friday, November 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Archer Aviation in a research report on Wednesday, January 21st. The Goldman Sachs Group assumed coverage on Archer Aviation in a report on Monday, December 1st. They issued a “neutral” rating and a $11.00 target price on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Archer Aviation in a report on Monday, November 24th. Finally, Canaccord Genuity Group upped their price objective on Archer Aviation from $12.00 to $13.00 and gave the stock a “buy” rating in a research report on Friday, November 21st. Five investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Archer Aviation currently has an average rating of “Moderate Buy” and a consensus target price of $12.00.

Archer Aviation Stock Down 10.6%

Shares of NYSE ACHR opened at $6.72 on Tuesday. The stock has a market cap of $4.38 billion, a P/E ratio of -6.79 and a beta of 3.10. The business’s fifty day simple moving average is $7.74 and its 200-day simple moving average is $8.80. Archer Aviation has a 12-month low of $5.48 and a 12-month high of $14.62. The company has a current ratio of 18.19, a quick ratio of 18.19 and a debt-to-equity ratio of 0.05.

Archer Aviation (NYSE:ACHR) last released its earnings results on Monday, March 2nd. The company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.17) by ($0.09). The company had revenue of $0.30 million during the quarter, compared to analysts’ expectations of $1.40 million. The firm’s revenue was up 29900.0% compared to the same quarter last year. As a group, equities analysts predict that Archer Aviation will post -1.32 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CTO Thomas Paul Muniz sold 125,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $8.00, for a total value of $1,000,000.00. Following the completion of the sale, the chief technology officer directly owned 1,272,129 shares of the company’s stock, valued at approximately $10,177,032. This represents a 8.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 7.65% of the company’s stock.

Institutional Trading of Archer Aviation

A number of large investors have recently bought and sold shares of the business. AlphaQuest LLC boosted its stake in shares of Archer Aviation by 1,181.6% during the second quarter. AlphaQuest LLC now owns 2,576 shares of the company’s stock worth $28,000 after buying an additional 2,375 shares during the period. Johnson Investment Counsel Inc. acquired a new stake in Archer Aviation during the 3rd quarter worth approximately $29,000. Bank of Jackson Hole Trust grew its stake in shares of Archer Aviation by 45.9% in the 3rd quarter. Bank of Jackson Hole Trust now owns 3,136 shares of the company’s stock valued at $30,000 after purchasing an additional 986 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Archer Aviation by 105.3% in the second quarter. Geneos Wealth Management Inc. now owns 3,318 shares of the company’s stock valued at $36,000 after purchasing an additional 1,702 shares during the period. Finally, Sound Income Strategies LLC purchased a new stake in shares of Archer Aviation during the third quarter worth approximately $33,000. Institutional investors and hedge funds own 59.34% of the company’s stock.

Key Stories Impacting Archer Aviation

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

• Positive Sentiment: Archer secured a UAE certification milestone and announced a Starlink partnership that supports international passenger operations and in‑flight connectivity — a meaningful de‑risking of its commercial rollout. Archer’s UAE Certification Milestone And Starlink Deal Test Investor Optimism
• Positive Sentiment: Archer integrated NVIDIA’s IGX Thor compute platform into its Midnight air taxi for safety‑critical autonomy — a technical partnership that strengthens its avionics/AI stack. Archer Aviation Is Putting NVIDIA’s IGX Thor at the Core of Its Air Taxi’s Brain
• Positive Sentiment: Archer reported a record liquidity position (~$2 billion) and reiterated strategic airline and international partnerships (including United), giving it runway to fund certification, production scale‑up and initial commercial programs. Archer’s UAE Certification Milestone And Starlink Deal Test Investor Optimism
• Positive Sentiment: The company has started piloted VTOL flight testing and reported operational progress (FAA Means of Compliance acceptance cited in analyst coverage), milestones that materially reduce certification risk. Marketbeat coverage of Archer milestones
• Neutral Sentiment: Needham trimmed its price target from $10 to $9 but kept a Buy rating — a modest analyst adjustment that signals continued institutional conviction despite recent weakness. Benzinga: Needham lowers Archer price target
• Negative Sentiment: Q4 results missed expectations (EPS loss $0.26 vs. consensus -$0.17) and revenue was below estimates; more importantly, Archer’s Q1 guidance called for heavier cash burn (adjusted EBITDA loss guidance), which triggered investor selling. Archer Q4 results and transcript
• Negative Sentiment: The guidance‑led selloff showed up in aftermarket and intraday coverage — headlines note double‑digit declines after the print and weak Q1 outlook commentary. Archer Aviation (ACHR) Stock Tumbles After Hours on Weak Q1 Outlook
• Negative Sentiment: Commentary across outlets framed the share drop as a reaction to accelerating cash burn and widened losses despite operational wins, amplifying short‑term volatility for this speculative, pre‑revenue name. Archer Aviation Sinks 11% While Quantum Computing Inc Fall 10% After Earnings

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.