Archer Aviation Inc [NYSE: ACHR] price plunged by -14.83 percent to reach at -$1.74.
The one-year ACHR stock forecast points to a potential upside of 18.65. The average equity rating for ACHR stock is currently 1.67, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Archer Aviation Inc [ACHR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ACHR shares is $12.28 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ACHR stock is a recommendation set at 1.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Archer Aviation Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 10, 2025. While these analysts kept the previous recommendation, Needham raised their target price to Buy. The new note on the price target was released on November 19, 2024, representing the official price target for Archer Aviation Inc stock. Previously, the target price had yet another raise to $12.50, while H.C. Wainwright analysts kept a Buy rating on ACHR stock.
The Average True Range (ATR) for Archer Aviation Inc is set at 0.88 The Price to Book ratio for the last quarter was 5.42, with the Price to Cash per share for the same quarter was set at 1.89.
ACHR Stock Performance Analysis:
Archer Aviation Inc [ACHR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.96. With this latest performance, ACHR shares dropped by -15.63% in over the last four-week period, additionally plugging by 29.40% over the last 6 months – not to mention a rise of 202.73% in the past year of trading.
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Insight into Archer Aviation Inc Fundamentals:
Archer Aviation Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 15.80 and a Current Ratio set at 15.80.
ACHR Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ACHR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Archer Aviation Inc go to 15.95%.
Archer Aviation Inc [ACHR] Institutonal Ownership Details
The top three institutional holders of ACHR stocks are: ARK INVESTMENT MANAGEMENT LLC with ownership of 25.46 million shares, which is approximately 7.6203%. BLACKROCK INC., holding 19.61 million shares of the stock with an approximate value of $$69.04 million in ACHR stocks shares; and BLACKROCK INC., currently with $$42.49 million in ACHR stock with ownership which is approximately 3.6136%.
