Archer Aviation (NYSE:ACHR) Stock Price Down 2.4% – Should You Sell?

06 Jun 2026, 14:12 by Kim Johansen · The Markets Daily

Shares of Archer Aviation Inc. (NYSE:ACHR – Get Free Report) traded down 2.4% on Thursday . The stock traded as low as $6.35 and last traded at $6.3740. 57,090,505 shares changed hands during mid-day trading, an increase of 51% from the average session volume of 37,736,141 shares. The stock had previously closed at $6.53.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ACHR. Needham & Company LLC lowered their price target on Archer Aviation from $10.00 to $9.00 and set a “buy” rating on the stock in a report on Tuesday, March 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of Archer Aviation in a research report on Monday, April 20th. Finally, Canaccord Genuity Group lowered their target price on shares of Archer Aviation from $13.00 to $12.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Archer Aviation currently has a consensus rating of “Moderate Buy” and an average target price of $11.83.

Read Our Latest Analysis on ACHR

Archer Aviation Stock Down 13.2%

The company has a market cap of $4.21 billion, a P/E ratio of -5.04 and a beta of 3.14. The company has a quick ratio of 18.06, a current ratio of 18.06 and a debt-to-equity ratio of 0.06. The company has a fifty day moving average of $5.96 and a 200 day moving average of $6.97.

Archer Aviation (NYSE:ACHR – Get Free Report) last posted its earnings results on Monday, May 11th. The company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.03). The business had revenue of $1.60 million during the quarter, compared to the consensus estimate of $1.66 million. During the same quarter last year, the company posted ($0.17) earnings per share. On average, research analysts anticipate that Archer Aviation Inc. will post -1.47 earnings per share for the current fiscal year.

Insider Activity at Archer Aviation

In other Archer Aviation news, CFO Priya Gupta sold 9,860 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $5.95, for a total transaction of $58,667.00. Following the completion of the sale, the chief financial officer directly owned 189,050 shares of the company’s stock, valued at approximately $1,124,847.50. This represents a 4.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Tosha Perkins sold 10,949 shares of the business’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $6.27, for a total transaction of $68,650.23. Following the sale, the insider directly owned 384,768 shares of the company’s stock, valued at approximately $2,412,495.36. The trade was a 2.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 282,840 shares of company stock valued at $1,703,688 in the last three months. Corporate insiders own 7.65% of the company’s stock.

Institutional Trading of Archer Aviation

Several hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC raised its stake in shares of 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 buying an additional 3,275 shares during the period. Segall Bryant & Hamill LLC purchased a new position in shares of Archer Aviation during the 1st quarter valued at about $168,000. Western Wealth Management LLC grew its stake in shares of Archer Aviation by 22.0% during the 1st quarter. Western Wealth Management LLC now owns 22,962 shares of the company’s stock valued at $119,000 after acquiring an additional 4,144 shares during the period. Bank of America Corp DE grew its stake in shares of Archer Aviation by 33.2% during the 1st quarter. Bank of America Corp DE now owns 2,136,942 shares of the company’s stock valued at $11,048,000 after acquiring an additional 532,762 shares during the period. Finally, Amundi increased its holdings in Archer Aviation by 134.9% in the 1st quarter. Amundi now owns 71,397 shares of the company’s stock worth $369,000 after acquiring an additional 41,008 shares in the last quarter. Institutional investors own 59.34% of the company’s stock.

About Archer Aviation

(Get Free Report)

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.