During the last session, Archer Aviation Inc (NYSE:ACHR)’s traded shares were 18.22 million, with the beta value of the company hitting 3.12. At the end of the trading day, the stock’s price was $7.86, reflecting an intraday loss of -3.32% or -$0.27. The 52-week high for the ACHR share is $12.48, that puts it down -58.78 from that peak though still a striking 64.12% gain since the share price plummeted to a 52-week low of $2.82. The company’s market capitalization is $4.26B, and the average intraday trading volume over the past 10 days was 22.81 million shares, and the average trade volume was 31.21 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 1.56. 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.
Archer Aviation Inc (NYSE:ACHR) trade information
Archer Aviation Inc (ACHR) registered a -3.32% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.32% in intraday trading to $7.86, hitting a weekly high. The stock’s 5-day price performance is -5.07%, and it has moved by -4.26% in 30 days. Based on these gigs, the overall price performance for the year is 58.79%. The short interest in Archer Aviation Inc (NYSE:ACHR) is 54.86 million shares and it means that shorts have 1.61 day(s) to cover.
The consensus price target of analysts on Wall Street is $13.5, which implies an increase of 41.78% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $13.5 and $13.5 respectively. As a result, ACHR is trading at a discount of -71.76% off the target high and -71.76% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -60.86%. While earnings are projected to return 26.86% in 2025, the next five years will return 15.87% per annum.
ACHR Dividends
Archer Aviation Inc is due to release its next quarterly earnings on 2025-Feb-26. 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 14.41% of total outstanding shares while institutional holders control 39.06%, with the float percentage being 45.64%. ARK INVESTMENT MANAGEMENT LLC is the largest shareholder of the company, while 438.0 institutions own stock in it. As of 2024-06-30, the company held over 25.46 million shares (or 7.6203% 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 5.8709% 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 Trust-ARK Innovation ETF and SPDR SERIES TRUST-SPDR(R) S&P(R) Aerospace & Defense ETF . Data provided on Feb 28, 2025 indicates that ARK ETF Trust-ARK Innovation ETF owns about 17.19 shares. This amounts to just over 3.17 percent of the company’s overall shares, with a $135.12 million market value. The same data shows that the other fund manager holds slightly less at 11.1, or about 2.05% of the stock, which is worth about $87.22 million.
