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)
617% more call options, than puts
Call options by funds: $34.7M | Put options by funds: $4.84M
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
77% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 31
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]
0.96% more ownership
Funds ownership: 44.47% [Q2] → 45.43% (+0.96%) [Q3]
2% less capital invested
Capital invested by funds: $447M [Q2] → $440M (-$7.06M) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Cantor Fitzgerald Andres Sheppard 85% 1-year accuracy 129 / 152 met price target | 37%upside $13 | Overweight Maintained | 18 Dec 2024 |
HC Wainwright & Co. Amit Dayal 39% 1-year accuracy 44 / 112 met price target | 32%upside $12.50 | Buy Maintained | 16 Dec 2024 |
Deutsche Bank Edison Yu 44% 1-year accuracy 4 / 9 met price target | 58%upside $15 | Buy Maintained | 13 Dec 2024 |
Canaccord Genuity Austin Moeller 46% 1-year accuracy 18 / 39 met price target | 16%upside $11 | Buy Maintained | 13 Dec 2024 |
Needham Chris Pierce 52% 1-year accuracy 33 / 64 met price target | 16%upside $11 | Buy Initiated | 19 Nov 2024 |
Financial journalist opinion
Based on 55 articles about ACHR published over the past 30 days