The stock of Archer Aviation Inc (NYSE:ACHR) last traded at $10.02, down -1.47% from the previous session.
ACHR stock price is now -1.24% away from the 50-day moving average and 30.25% away from the 200-day moving average. The market capitalization of the company currently stands at $6.35B.
With the price target enhanced from $6 to $9, JP Morgan Downgraded its rating from Overweight to Neutral for Archer Aviation Inc (NYSE: ACHR). On November 19, 2024, Needham recently initiated its ‘Buy’ rating on the stock quoting a target price of $11, while ‘H.C. Wainwright’ rates the stock as ‘Buy’
In other news, Lentell Eric, General Counsel and Secretary sold 95,896 shares of the company’s stock on Jun 30 ’25. The stock was sold for $1,016,498 at an average price of $10.60. Upon completion of the transaction, the General Counsel and Secretary now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 30 ’25, Officer Lentell Eric bought 95,896 shares of the business’s stock. A total of $1,016,498 was incurred on buying the stock at an average price of $10.60. A total of 18.58% of the company’s stock is owned by insiders.
During the past 12 months, Archer Aviation Inc has had a low of $2.82 and a high of $13.92. As of last week, the company has a debt-to-equity ratio of 0.08, a current ratio of 15.80, and a quick ratio of 15.80. The fifty day moving average price for ACHR is $10.1454 and a two-hundred day moving average price translates $7.69315 for the stock.
The latest earnings results from Archer Aviation Inc (NYSE: ACHR) was released for 2025-03-31. The company reported revenue of $144.0 million for the quarter, compared to $142.2 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.27 percent. For the current quarter, analysts expect ACHR to generate $200k in revenue.
