While Archer Aviation Inc has overperformed by 5.31%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ACHR rose by 82.05%, with highs and lows ranging from $12.48 to $2.82, whereas the simple moving average jumped by 52.25% in the last 200 days.
On January 10, 2025, JP Morgan Downgraded Archer Aviation Inc (NYSE: ACHR) to Neutral. A report published by Needham on November 19, 2024, Initiated its previous ‘Buy’ rating for ACHR. H.C. Wainwright also rated ACHR shares as ‘Buy’, setting a target price of $12.50 on the company’s shares in an initiating report dated September 03, 2024. Canaccord Genuity Initiated an Buy rating on June 09, 2023, and assigned a price target of $9. Raymond James initiated its ‘Outperform’ rating for ACHR, as published in its report on July 27, 2022. JP Morgan’s report from April 28, 2022 suggests a price prediction of $7 for ACHR shares, giving the stock a ‘Overweight’ rating. Deutsche Bank also rated the stock as ‘Buy’.
Analysis of Archer Aviation Inc (ACHR)
One of the most important indicators of Archer Aviation Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -95.88% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 12.07, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and ACHR is recording 32.33M average volume. On a monthly basis, the volatility of the stock is set at 10.47%, whereas on a weekly basis, it is put at 5.91%, with a gain of 10.38% over the past seven days. Furthermore, long-term investors anticipate a median target price of $11.39, showing growth from the present price of $8.72, which can serve as yet another indication of whether ACHR is worth investing in or should be passed over.
How Do You Analyze Archer Aviation Inc Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 24.88%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 37.82% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ACHR shares are owned by institutional investors to the tune of 37.82% at present.
