Archer AviationACHR
Market Cap: $1.1B
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 Q2 SEC filings by fund managers ($100M+ AUM)
147% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 36
93% more call options, than puts
Call options by funds: $19.1M | Put options by funds: $9.88M
6% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 36
1% more funds holding
Funds holding: 212 [Q1] → 214 (+2) [Q2]
3.37% less ownership
Funds ownership: 47.47% [Q1] → 44.1% (-3.37%) [Q2]
26% less capital invested
Capital invested by funds: $597M [Q1] → $443M (-$154M) [Q2]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Cantor Fitzgerald Andres Sheppard 43% 1-year accuracy 53 / 124 met price target | 223%upside $10 | Overweight Reiterated | 3 Sept 2024 |
HC Wainwright & Co. Amit Dayal 25% 1-year accuracy 23 / 93 met price target | 303%upside $12.50 | Buy Initiated | 3 Sept 2024 |
Cantor Fitzgerald Andres Sheppard 43% 1-year accuracy 53 / 124 met price target | 223%upside $10 | Overweight Reiterated | 19 Aug 2024 |
Benchmark Josh Sullivan 76% 1-year accuracy 41 / 54 met price target | 287%upside $12 | Buy Reiterated | 9 Aug 2024 |
JP Morgan Bill Peterson 26% 1-year accuracy 5 / 19 met price target | 94%upside $6 | Overweight Maintained | 24 Jul 2024 |
Financial journalist opinion
Based on 19 articles about ACHR published over the past 30 days