Archer Aviation Inc (NYSE:ACHR) has a beta value of 152.26% and has seen 30.86 shares traded in the last trading session. The company, currently valued at $6.37B, closed the last trade at $10.20 per share which meant it lost -$2.08 on the day or 10.04% during that session. The ACHR stock price is -36.47% off its 52-week high price of $13.92 and 72.35% above the 52-week low of $2.82. If we look at the company’s 10-day average daily trading volume, we find that it stood at 52.32 million shares traded. The 3-month trading volume is 1.38 shares.
The consensus among analysts is that Archer Aviation Inc (ACHR) is Buy stock at the moment, with a recommendation rating of 48.12. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 4 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.2.
Archer Aviation Inc (NYSE:ACHR) trade information
Sporting 10.04% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ACHR stock price touched $10.20 or saw a rise of 3.86%. Year-to-date, Archer Aviation Inc shares have moved 216.72%, while the 5-day performance has seen it change -14.41%. Over the past 30 days, the shares of Archer Aviation Inc (NYSE:ACHR) have changed -11.07%. Short interest in the company has seen 63.44 million shares shorted with days to cover at 1.85.
Wall Street analysts have a consensus price target for the stock at $13.5, which means that the shares’ value could jump 24.44% from current levels. The projected low price target is $13.5 while the price target rests at a high of $13.5. In that case, then, we find that the current price level is -32.35% off the targeted high while a plunge would see the stock gain -32.35% from current levels.
Archer Aviation Inc (ACHR) estimates and forecasts
The company’s shares have gained 13.19% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 0.00%.
5 analysts offering their estimates for the company have set an average revenue estimate of 200k for the current quarter. 5 have an estimated revenue figure of 2.81M for the next ending quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 0.88% -60.86% over the past 5 years. Earnings growth for 2025 is a modest 32.59% while over the next 5 years, the company’s earnings are expected to increase by 15.95%.
ACHR Dividends
Archer Aviation Inc is expected to release its next earnings report on 2025-May-12 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Archer Aviation Inc (NYSE:ACHR)’s Major holders
Insiders own 16.61% of the company shares, while shares held by institutions stand at 34.55% with a share float percentage of 41.43%. Investors are also buoyed by the number of investors in a company, with Archer Aviation Inc having a total of 478.0 institutions that hold shares in the company. The top two institutional holders are ARK INVESTMENT MANAGEMENT LLC with over 25.46 million shares worth more than $89.61 million. As of 2024-06-30, ARK INVESTMENT MANAGEMENT LLC held 7.6203% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 19.61 million shares as of 2024-06-30. The firm’s total holdings are worth over $69.04 million and represent 5.8709% of shares outstanding.
