In recent trading session, Archer Aviation Inc (NYSE:ACHR) saw 10.61 million shares changing hands at last check today with its beta currently measuring 3.13. Company’s recent per share price level of $7.56 trading at $0.08 or 1.04% at last check today assigns it a market valuation of $4.10B. That most recent trading price of ACHR’s stock is at a discount of -65.08% from its 52-week high price of $12.48 and is indicating a premium of 62.7% from its 52-week low price of $2.82. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 30.48 million shares which gives us an average trading volume of 36.88 million if we extend that period to 3-months.
For Archer Aviation Inc (ACHR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.56. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.22 in the current quarter.
Archer Aviation Inc (NYSE:ACHR) trade information
Upright in the green today for gaining 1.04%, in the last five days ACHR remained trading in the red while hitting it’s week-highest on Thursday, 03/13/25 when the stock touched $7.56 price level, adding 2.33% to its value on the day. Archer Aviation Inc’s shares saw a change of -22.48% in year-to-date performance and have moved -0.03% in past 5-day. Archer Aviation Inc (NYSE:ACHR) showed a performance of -18.64% in past 30-days. Number of shares sold short was 53.64 million shares which calculate 1.57 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 13.5 to the stock, which implies a rise of 44.0% to its recent value today. Analysts have been projecting 13.5 as a low price target for the stock while placing it at a high target of 13.5. It follows that stock’s current price would drop -78.57% in reaching the projected high whereas dropping to the targeted low would mean a loss of -78.57% for stock’s current value.
Archer Aviation Inc (ACHR) estimates and forecasts
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.83M for the same. And 6 analysts are in estimates of company making revenue of 7.5M in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -60.86% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 26.86% while estimates for its earnings growth in next 5 years are of 15.87%.
Archer Aviation Inc (NYSE:ACHR)’s Major holders
Insiders are in possession of 14.41% of company’s total shares while institution are holding 39.24 percent of that, with stock having share float percentage of 45.85%. Investors also watch the number of corporate investors in a company very closely, which is 39.24% institutions for Archer Aviation Inc that are currently holding shares of the company. ARK INVESTMENT MANAGEMENT LLC is the top institutional holder at ACHR for having 25.46 million shares of worth $89.61 million. And as of 2024-06-30, it was holding 7.6203 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 19.61 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.1242 of outstanding shares, having a total worth of $69.04 million.
On the other hand, ARK ETF Tr-ARK Innovation ETF and SPDR (R) Ser Tr-SPDR S&P Aerospace & Defense ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 19.44 shares of worth $148.62 million or 3.58% of the total outstanding shares. The later fund manager was in possession of 10.7 shares on Dec 31, 2024 , making its stake of worth around $81.78 million in the company or a holder of 1.97% of company’s stock.
