During the recent session, Archer Aviation Inc (NYSE:ACHR)’s traded shares were 29.36 million, with the beta value of the company hitting 3.21. At the last check today, the stock’s price was $8.10, reflecting an intraday gain of 12.90% or $0.93. The 52-week high for the ACHR share is $9.84, that puts it down -21.48 from that peak though still a striking 65.19% gain since the share price plummeted to a 52-week low of $2.82. The company’s market capitalization is $3.44B, and the average intraday trading volume over the past 10 days was 50.3 million shares, and the average trade volume was 24.26 million shares over the past three months.

Archer Aviation Inc (ACHR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.33. ACHR has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.26.

Archer Aviation Inc (NYSE:ACHR) trade information

Archer Aviation Inc (ACHR) registered a 12.90% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 12.90% in intraday trading to $8.10, hitting a weekly high. The stock’s 5-day price performance is -2.23%, and it has moved by 89.14% in 30 days. Based on these gigs, the overall price performance for the year is 23.59%. The short interest in Archer Aviation Inc (NYSE:ACHR) is 71.44 million shares and it means that shorts have 2.27 day(s) to cover.

The consensus price target of analysts on Wall Street is $7.5, which implies a decrease of -8.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $7.5 and $7.5 respectively. As a result, ACHR is trading at a premium of 7.41% off the target high and 7.41% off the low.

Archer Aviation Inc (ACHR) estimates and forecasts

Statistics show that Archer Aviation Inc has outperformed its competitors in share price, compared to the industry in which it operates. Archer Aviation Inc (ACHR) shares have gone up 151.40% during the last six months, with a year-to-date growth rate more than the industry average at 34.21% against 14.70.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 200k as predicted by 5 analyst(s).

While earnings are projected to return 27.96% in 2024.

ACHR Dividends

Archer Aviation Inc is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Archer Aviation Inc (NYSE:ACHR)’s Major holders

Archer Aviation Inc insiders own 25.51% of total outstanding shares while institutional holders control 37.29%, with the float percentage being 50.06%. ARK INVESTMENT MANAGEMENT LLC is the largest shareholder of the company, while 320.0 institutions own stock in it. As of 2024-06-30, the company held over 25.46 million shares (or 7.9491% of all shares), a total value of $89.61 million in shares.

The next largest institutional holding, with 19.61 million shares, is of BLACKROCK INC.’s that is approximately 6.1242% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $69.04 million.

Also, the Mutual Funds coming in first place with the largest holdings of Archer Aviation Inc (ACHR) shares are ARK ETF Tr-ARK Innovation ETF and Vanguard Total Stock Market Index Fund. Data provided on Oct 31, 2024 indicates that ARK ETF Tr-ARK Innovation ETF owns about 16.62 shares. This amounts to just over 4.27 percent of the company’s overall shares, with a $129.29 million market value. The same data shows that the other fund manager holds slightly less at 7.82, or about 2.01% of the stock, which is worth about $60.82 million.