Latest news with #ACHR
Business Insider
8 hours ago
- Business
- Business Insider
Archer Aviation (ACHR) Stock Sinks 10% as Investors Wait for Commercial Takeoff
Archer Aviation (ACHR) is steadily laying the groundwork for next-gen city transit, striking deals and forming partnerships around the world with what appears to be a focused strategy. Still, the future can't arrive fast enough. Until commercialization becomes real, the stock remains a speculative play. Yesterday's trading session proved just that, as shares of ACHR fell $1.44 to $11.85, down 10.84%, with an added premarket drop to $11.45. The sell-off occurred amid heavy options activity, with 204,000 contracts changing hands. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Call volume continued to outpace puts, with a put/call ratio of 0.47. That is higher than the typical 0.25, signaling more hedging despite bullish speculation. Implied volatility dropped sharply, falling 12.62 points to 86.96, but remains elevated versus historical norms. Options are pricing daily swings of $0.65, and skew data shows rising demand for downside protection. Manufacturing Moves, Market Waits Just a few days ago, CEO Adam Goldstein highlighted the company's acquisition of an advanced composite manufacturing facility in Long Beach, which occurred in May. 'We continue to believe that investing in key advanced manufacturing capabilities here in the U.S. is the right approach,' he wrote. The deal aims to reduce costs on the Midnight aircraft and speed up development of new variants, including for defense. The move reflects Archer Aviation's focus on deeper U.S. manufacturing as it scales. For now, Archer Aviation is moving fast on vision, but the market is waiting on execution. Until timelines firm up and revenue starts to take shape, volatility may remain part of the journey. Is Archer Aviation Stock a Good Buy? Despite the stock's decline, Wall Street analysts remain optimistic about the company. Based on six recent ratings, Archer Aviation boasts a 'Moderate Buy' consensus with an average 12-month price target of $11.75. This implies a 0.84% downside from the current price.
Business Insider
5 days ago
- Business
- Business Insider
ACHR Stock Recovers 10% in 5 Days as Investors Refocus on Growth after CFO Exit
Shares of Archer Aviation (ACHR) climbed 7.4% to $12.09 in yesterday's trading session and are up more than 10% over the past five trading days. The move comes after a brief pullback last week, when the company announced that Chief Financial Officer Mark Mesler had formally resigned. That announcement initially sent the stock down 2.5% to $10.51, but investor sentiment appears to have quickly stabilized. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Why Archer Aviation Shares Recovered Several developments may have contributed to the stock's recovery. First, Archer Aviation confirmed that Priya Gupta, who has been serving as acting CFO since September 2024, will remain in the role. The leadership transition had already been in place for months, reducing the perceived risk of disruption. Gupta's continuation in the position likely reassured investors focused on financial continuity and upcoming commercialization plans. Second, analysts have remained upbeat. Archer Aviation currently holds a 'Moderate Buy' consensus based on six recent analyst ratings. Canaccord Genuity and Cantor Fitzgerald both reiterated their $13 price targets this week, while H.C. Wainwright maintained its $18 forecast. Institutional activity also played a role. ARK Invest sold shares of Archer Aviation across its exchange-traded funds on the same day as the resignation announcement, but the sale was part of a broader portfolio rebalance. ARK still holds a position in the company, although it has been gradually reducing exposure in recent months. Market reaction suggests that investors viewed the sale as mechanical rather than a negative signal. Meanwhile, a Form 144 filed this week disclosed that the exiting CFO, Mark Mesler, intends to sell over 165,000 shares, following a vesting event tied to compensation. The company also entered into a transition agreement with Mesler, which included a cash payout and accelerated vesting of certain restricted stock units. Despite the brief volatility, Archer Aviation has regained upward momentum. The stock is now trading above both its pre-resignation level and its average 12-month price target, as investors look ahead to operational milestones and leadership continuity under Gupta. Is Archer Aviation Stock a Good Buy? an average 12-month price target of $11.75. This implies a 2.81% downside from the current price.
Business Insider
13-07-2025
- Business
- Business Insider
Archer Aviation (ACHR) Shares Slip as CFO Exits and ARK Trims Stake, Analysts Still See Upside
Shares of Archer Aviation (ACHR) fell 2.5% to $10.51 on Thursday after the company announced that Chief Financial Officer Mark Mesler officially resigned. Mesler had been on medical leave since September 2024. Priya Gupta, who has served as acting CFO during that time, will continue in the role going forward. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Meanwhile, ACHR shares are up nearly 8% year-to-date, though the stock remains volatile. Investors are watching closely to see how leadership continuity under Gupta will impact execution, especially as Archer aims to commercialize electric vertical takeoff aircraft in the coming years. ARK Invest Trims Its Position in ACHR In connection with the resignation, Archer entered a transition agreement with Mesler. He will receive a one-time cash payment equal to nine months of his base salary, plus three months of his target annual bonus. Some of his unvested restricted stock units will also accelerate over the same period. The company expects to file the full agreement in its upcoming quarterly report. Meanwhile, institutional sentiment on ACHR stock may be shifting. On the same day as the resignation, ARK Invest, led by Cathie Wood, sold shares of ACHR across its ETFs. The sale was part of a broader portfolio rebalance that also included trimming positions in Roku (ROKU) and Coinbase (COIN). ARK still holds a position in Archer, but has been gradually reducing exposure in recent months. Is Archer Aviation Stock a Good Buy? Despite the executive change and selling activity, Wall Street analysts remain positive on the stock. Based on six recent ratings, Archer Aviation boasts a 'Moderate Buy' consensus with an average 12-month price target of $11.75. This implies an 11.8% upside from the current price. Notably, analysts at Canaccord Genuity and Cantor Fitzgerald both reiterated $13 targets this week, while H.C. Wainwright maintained its $18 forecast.
Globe and Mail
12-07-2025
- Business
- Globe and Mail
Archer Aviation CFO Mark Mesler Resigns
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Archer Aviation ( (ACHR)) has shared an announcement. Mark Mesler has resigned as Chief Financial Officer of Archer Aviation effective July 7, 2025, after being on medical leave since September 2024. Priya Gupta will continue as the acting CFO, while Harsh Rungta remains the Senior VP of Finance. Mesler's transition includes a severance package and accelerated stock vesting, reflecting a structured leadership transition within the company. The most recent analyst rating on (ACHR) stock is a Buy with a $12.50 price target. To see the full list of analyst forecasts on Archer Aviation stock, see the ACHR Stock Forecast page. Spark's Take on ACHR Stock According to Spark, TipRanks' AI Analyst, ACHR is a Neutral. Archer Aviation's overall score reflects significant challenges in financial performance due to its developmental stage, lack of revenue, and reliance on financing. Technical indicators suggest mixed momentum, while valuation remains challenging with negative earnings. Positive developments in strategic partnerships and liquidity were highlighted in the earnings call, but FAA certification and high expenses pose risks. To see Spark's full report on ACHR stock, click here. Archer Aviation operates in the aviation industry, focusing on the development and production of electric vertical takeoff and landing (eVTOL) aircraft, aiming to revolutionize urban air mobility. Average Trading Volume: 34,630,964 Technical Sentiment Signal: Buy Current Market Cap: $6.63B For detailed information about ACHR stock, go to TipRanks' Stock Analysis page.
Business Insider
12-07-2025
- Business
- Business Insider
Archer Aviation CFO Mesler steps down
According to a regulatory filing, Mark Mesler has stepped down from his role as Chief Financial Officer of Archer Aviation (ACHR) effective July 7, 2025. Mesler has been on medical leave since September, 2024. Priya Gupta has served as Archer's Chief Financial Officer and acting principal financial officer during his leave. Gupta will continue to serve in her same capacity and Harsh Rungta will continue to serve as the company's Senior Vice President, Finance and Chief Accounting Officer and principal accounting officer. In connection with the foregoing, the company entered into a transition agreement with Mesler. Pursuant to the Transition Agreement, Mesler will receive a one-time cash payment equal to nine months of his base salary plus three months of his target annual bonus and accelerated vesting of certain of his outstanding time-based restricted stock units scheduled to vest over the same period. The foregoing description of the Transition Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Transition Agreement, which will be filed as an exhibit to the company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2025. Elevate Your Investing Strategy:
