Archer Aviation Inc [ACHR] stock is trading at $9.70, up 9.98%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ACHR shares have gain 17.86% over the last week, with a monthly amount glided 6.71%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Archer Aviation Inc [NYSE: ACHR] stock has seen the most recent analyst activity on January 10, 2025, when JP Morgan downgraded its rating to a Neutral and also boosted its price target to $9 from $6. Previously, Needham started tracking the stock with Buy rating on November 19, 2024, and set its price target to $11. On September 03, 2024, H.C. Wainwright initiated with a Buy rating and assigned a price target of $12.50 on the stock. Canaccord Genuity started tracking the stock assigning a Buy rating and suggested a price target of $9 on June 09, 2023. Raymond James initiated its recommendation with a Outperform and recommended $8 as its price target on July 27, 2022. JP Morgan started tracking with a Overweight rating for this stock on April 28, 2022, and assigned it a price target of $7. In a note dated April 11, 2022, Deutsche Bank initiated an Buy rating and provided a target price of $10 on this stock.
Archer Aviation Inc [ACHR] stock has fluctuated between $2.82 and $12.48 over the past year. Currently, Wall Street analysts expect the stock to reach $7.5 within the next 12 months. Archer Aviation Inc [NYSE: ACHR] shares were valued at $9.70 at the most recent close of the market. An investor can expect a potential drop of -22.68% based on the average ACHR price forecast.
Analyzing the ACHR fundamentals
Gross Profit Margin for this corporation currently stands at 0.45% with Operating Profit Margin at -39.74%, Pretax Profit Margin comes in at -36.06%, and Net Profit Margin reading is -36.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.69, Equity is -1.16 and Total Capital is -0.87. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.17.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.04 points at the first support level, and at 8.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.15, and for the 2nd resistance point, it is at 10.59.
Ratios To Look Out For
For context, Archer Aviation Inc’s Current Ratio is 6.03. As well, the Quick Ratio is 6.03, while the Cash Ratio is 5.79.
Transactions by insiders
Recent insider trading involved Muniz Thomas Paul, CHIEF TECHNOLOGY OFFICER, that happened on Jan 07 ’25 when 50000.0 shares were sold. Officer, Muniz Thomas Paul completed a deal on Jan 07 ’25 to buy 50000.0 shares. Meanwhile, Director Spellacy Michael sold 0.28 million shares on Dec 18 ’24.
