ACHR stock icon

Archer Aviation
ACHR

$4.69
7.95%

Market Cap: 1.6B

 

About: Archer Aviation Inc advances the benefits of sustainable air mobility. The company is engaged in designing and developing a fully electric vertical takeoff and landing eVTOL aircraft for use in UAM networks. It is creating an electric airline that moves people throughout cities in a quick, safe, sustainable, and cost-effective manner.

Employees: 691

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 10 analysts
0
News positive %
of 57 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

33% more repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 55

0% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 2 (+0) [Q1 2024]

1.79% less ownership

Funds ownership: 48.44% [Q4 2023] → 46.65% (-1.79%) [Q1 2024]

8% less funds holding

Funds holding: 226 [Q4 2023] → 207 (-19) [Q1 2024]

14% less call options, than puts

Call options by funds: $12.1M | Put options by funds: $14.1M

22% less capital invested

Capital invested by funds: $756M [Q4 2023] → $587M (-$169M) [Q1 2024]

41% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 46

Research analyst outlook

10 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$4.50
4%
downside
Avg. target
$8.75
87%
upside
High target
$12
156%
upside

10 analyst ratings

positive
90%
neutral
10%
negative
0%
JP Morgan
Bill Peterson
28%upside
$6
Overweight
Maintained
24 Jul 2024
Cantor Fitzgerald
Andres Sheppard
113%upside
$10
Overweight
Reiterated
22 Jul 2024
Cantor Fitzgerald
Andres Sheppard
113%upside
$10
Overweight
Reiterated
15 Jul 2024
Cantor Fitzgerald
Andres Sheppard
113%upside
$10
Overweight
Reiterated
1 Jul 2024
Cantor Fitzgerald
Andres Sheppard
113%upside
$10
Overweight
Reiterated
17 Jun 2024

Financial journalist opinion

Based on 57 articles about ACHR published over the past 30 days