Archer AviationACHR
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 Q3 regulatory filings by fund managers ($100M+ AUM)
560% more call options, than puts
Call options by funds: $58.3M | Put options by funds: $8.84M
129% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 24
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
49% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 53
11% more funds holding
Funds holding: 216 [Q2] → 240 (+24) [Q3]
0.89% more ownership
Funds ownership: 44.57% [Q2] → 45.46% (+0.89%) [Q3]
2% less capital invested
Capital invested by funds: $448M [Q2] → $440M (-$7.77M) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Needham Chris Pierce 55% 1-year accuracy 39 / 71 met price target | 25%upside $11 | Buy Reiterated | 16 Jan 2025 |
JP Morgan Bill Peterson 45% 1-year accuracy 14 / 31 met price target | 2%upside $9 | Neutral Downgraded | 10 Jan 2025 |
Canaccord Genuity Austin Moeller 58% 1-year accuracy 25 / 43 met price target | 59%upside $14 | Buy Maintained | 8 Jan 2025 |
Cantor Fitzgerald Andres Sheppard 83% 1-year accuracy 125 / 150 met price target | 47%upside $13 | Overweight Maintained | 18 Dec 2024 |
HC Wainwright & Co. Amit Dayal 43% 1-year accuracy 47 / 110 met price target | 42%upside $12.50 | Buy Maintained | 16 Dec 2024 |
Financial journalist opinion
Based on 34 articles about ACHR published over the past 30 days