Archer AviationACHR
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
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
10 analyst ratings
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