Archer Aviation (NYSE:ACHR) Stock Price Down 1.7% – What’s Next?

23 Oct 2026, 00:15 by Sarita Garza · The Markets Daily

Shares of Archer Aviation Inc. (NYSE:ACHR – Get Free Report) dropped 1.7% during trading on Thursday. The stock traded as low as $3.75 and last traded at $3.8040. Approximately 18,271,838 shares were traded during trading, a decline of 48% from the average daily volume of 35,283,855 shares. The stock had previously closed at $3.87.

Wall Street Analyst Weigh In

Several brokerages have issued reports on ACHR. Needham & Company LLC reaffirmed a “buy” rating and issued a $9.00 target price on shares of Archer Aviation in a report on Tuesday, August 11th. UBS Group reissued an “overweight” rating on shares of Archer Aviation in a research report on Tuesday, August 11th. Cantor Fitzgerald restated an “overweight” rating and issued a $11.00 price objective on shares of Archer Aviation in a report on Tuesday, August 11th. Barclays raised Archer Aviation from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $4.50 to $8.00 in a research report on Friday, October 9th. Finally, Wells Fargo & Company set a $18.00 target price on Archer Aviation in a research note on Tuesday, August 11th. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $11.00.

Check Out Our Latest Research Report on Archer Aviation

Archer Aviation Stock Down 1.7%

The company’s 50 day simple moving average is $5.37 and its 200-day simple moving average is $5.51. The company has a current ratio of 10.21, a quick ratio of 10.21 and a debt-to-equity ratio of 0.06. The firm has a market cap of $2.93 billion, a P/E ratio of -3.52 and a beta of 3.27.

Archer Aviation (NYSE:ACHR – Get Free Report) last released its quarterly earnings data on Monday, August 10th. The company reported ($0.34) earnings per share for the quarter, meeting the consensus estimate of ($0.34). The company had revenue of $5.00 million for the quarter, compared to analysts’ expectations of $1.94 million. Research analysts forecast that Archer Aviation Inc. will post -1.37 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Eric Lentell sold 100,000 shares of the firm’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $6.31, for a total transaction of $631,000.00. Following the sale, the insider directly owned 85,011 shares in the company, valued at $536,419.41. This trade represents a 54.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Priya Gupta sold 10,015 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $6.41, for a total value of $64,196.15. Following the completion of the transaction, the chief financial officer owned 202,784 shares in the company, valued at $1,299,845.44. The trade was a 4.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 176,657 shares of company stock valued at $1,122,371 over the last 90 days. Company insiders own 5.55% of the company’s stock.

Institutional Investors Weigh In On Archer Aviation

Large investors have recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd raised its holdings in shares of Archer Aviation by 979.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,285 shares of the company’s stock worth $32,000 after acquiring an additional 3,888 shares in the last quarter. 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 valued at $31,000 after purchasing an additional 4,104 shares in the last quarter. Parallel Advisors LLC increased its position in Archer Aviation by 59.4% in the first quarter. Parallel Advisors LLC now owns 8,786 shares of the company’s stock worth $45,000 after purchasing an additional 3,275 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its position in Archer Aviation by 157.7% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 9,529 shares of the company’s stock worth $47,000 after purchasing an additional 5,832 shares during the last quarter. Finally, Bouvel Investment Partners LLC bought a new stake in Archer Aviation in the third quarter worth $50,000. 59.34% of the stock is owned by institutional investors.

Archer Aviation Company Profile

(Get Free Report)

Archer Aviation Inc is an aerospace company developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. Its aircraft are designed to operate like helicopters for takeoff and landing while using distributed electric propulsion for quieter, lower-emission regional transportation.