Archer Aviation Inc. (ACHR) Stock Price & Analysis
Archer Aviation Inc. (ACHR) is trading at USD 4.56, down 5.20% today, as of November 10, 2026 at 16:39 UTC (US market open; quotes may be delayed), according to Nexqual market data.
ACHR last closed at USD 4.81; today's session has ranged USD 4.34–4.75 on volume of 19,796,315 shares. Market capitalization is $3.51B, with a 52-week range of USD 3.62–9.29 (NYQ). Source: Nexqual, retrieved November 10, 2026 at 16:39 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ACHR.md
Key facts (ACHR)
- Last four reported quarters (through Sep 30, 2026): revenue $12.0M, net income -$944M (-7869.2% margin), free cash flow -$730M (SEC filings).
- Insider open-market sales, last ~7 months: 11 Form 4 filings, $3.2M; 9 not under a Rule 10b5-1 plan ($2.3M); 1 by opportunistic insiders (1 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 1.89 on a 1–5 scale) (9 analysts), mean target USD 10.89 (range 7–18).
- Total return with dividends: 1Y -46.0% vs S&P 500 +10.9%; 5Y -20.6% vs S&P 500 +71.1%.
- Latest earnings report: 2026-11-09 (next date not yet announced).
- Dividend: ACHR paid no cash dividend in the last five years.
- Short interest: 17.15% of float (as of 2026-10-15), 4.4 days to cover.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ACHR)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | — | — | $0K | $0K | $300K | $12.0M |
| Gross profit | — | — | $0K | $0K | $100K | — |
| Operating income | -$358M | -$347M | -$447M | -$510M | -$729M | -$1.06B |
| Net income | -$348M | -$317M | -$458M | -$537M | -$618M | -$944M |
| EPS (diluted) | -$3.14 | -$1.32 | -$1.69 | -$1.42 | -$0.99 | — |
| Free cash flow | -$112M | -$207M | -$316M | -$451M | -$512M | -$730M |
| Gross margin | — | — | — | — | 33.3% | — |
| Operating margin | — | — | — | — | -243100.0% | -8811.7% |
| Net margin | — | — | — | — | -206066.7% | -7869.2% |
| Cash + short-term investments | $747M | $531M | $465M | $835M | $1.96B | — |
| Total debt | $18.8M | $9.3M | $7.2M | $64.0M | $80.3M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Sep 30, 2026) (ACHR)
P/S 292.6x · EV/Sales 187.5x · P/B 2.0x · FCF yield -20.80% · Earnings yield -26.89% · Net cash $1.26B · EV $2.25B
Insider sales (SEC Form 4, open-market, last ~7 months) (ACHR)
2 of 11 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-21 | Lyon Benjamin | President, Aircraft OEM | 45,359 | $246K | 100% | Yes (adopted May 21, 2026) | Too little history (no open-market trades in 2023–2025) |
| 2026-08-20 | Lentell Eric | Chief Strategy Officer | 100,000 | $631K | 54.1% | Yes (adopted May 22, 2026) | Too little history (no open-market trades in 2023) |
| 2026-08-17 | Lyon Benjamin | President, Aircraft OEM | 50,188 | $322K | 52.5% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-17 | Rungta Harsh | Chief Accounting Officer | 13,880 | $89K | 11.1% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-17 | Gupta Priya | Interim CFO | 10,015 | $64K | 4.7% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-08-17 | Lentell Eric | Chief Legal & Strategy Officer | 52,762 | $338K | 22.2% | No | Too little history (no open-market trades in 2023) |
| 2026-06-11 | Lentell Eric | Chief Legal & Strategy Officer | 3,754 | $19K | 2.7% | No | Too little history (no open-market trades in 2023) |
| 2026-05-18 | Rungta Harsh | Chief Accounting Officer | 12,414 | $74K | 12.5% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-15…2026-05-18 | Muniz Thomas Paul | CHIEF TECHNOLOGY OFFICER | 136,579 | $818K | 8.5% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-15…2026-05-18 | Lentell Eric | Chief Legal & Strategy Officer | 88,136 | $529K | 38.5% | No | Too little history (no open-market trades in 2023) |
| 2026-05-18 | Gupta Priya | Interim CFO | 9,860 | $59K | 5% | No | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (ACHR)
Consensus Buy (mean 1.89 on a 1–5 scale), 9 analysts; mean target USD 10.89 (low 7, high 18).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-11-10 | Needham | Target lowered | Buy | $9 → $7 |
| 2026-11-10 | Cantor Fitzgerald | Target lowered | Overweight | $11 → $10 |
| 2026-10-09 | Barclays | Upgrade | Equal-Weight → Overweight | $4.5 → $8 |
| 2026-08-11 | Cantor Fitzgerald | Reiterated | Overweight | $11 |
Total return (dividends reinvested) (ACHR)
| 1Y (from 2025-11-10) | 5Y (from 2021-11-08) | |
|---|---|---|
| Total return | -46.0% | -20.6% |
| S&P 500 (SPY) | +10.9% | +71.1% |
| Per year | -46.1% | -4.5% |
| Volatility (annualized) | 69.9% | 86.5% |
| Max drawdown | -57.8% (Jan 2026→Oct 2026) | -75.4% (Dec 2021→Dec 2022) |
Dividends (ACHR)
ACHR paid no cash dividend in the last five years.
Short interest (ACHR)
114,809,733 shares sold short, 17.15% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 94,442,010 shares (+21.6%). Days to cover: 4.4 (short shares ÷ average daily volume).
ACHR earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Nov 9, 2026 | Quarter ended Sep 30, 2026 | −$0.22 | −$0.25 | Beat +12.0% | +2.7% |
| Aug 10, 2026 | Quarter ended Jun 30, 2026 | −$0.22 | −$0.25 | Beat +12.0% | +21.5% |
| May 11, 2026 | Quarter ended Mar 31, 2026 | −$0.19 | −$0.24 | Beat +20.8% | -1.4% |
| Mar 2, 2026 | Quarter ended Dec 31, 2025 | −$0.14 | −$0.17 | Beat +17.6% | -5.6% |
| Nov 6, 2025 | — | — | — | — | -14.5% |
| Aug 11, 2025 | — | — | — | — | +5.5% |
| May 12, 2025 | — | — | — | — | +26.7% |
| Feb 27, 2025 | — | — | — | — | +8.2% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
ACHR recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Nov 10, 2026 | Schedule 13G | STATE STREET CORPORATION: 4.7% of shares, passive 5%+ holder |
| Nov 9, 2026 | 10-Q | Quarterly report · period ended Sep 30, 2026 |
| Nov 9, 2026 | 8-K | Quarterly results |
| Oct 2, 2026 | 8-K | Regulation FD disclosure |
| Sep 24, 2026 | 8-K | Regulation FD disclosure |
| Sep 16, 2026 | 25-NSE | Removal from exchange listing |
| Sep 4, 2026 | 8-K | Delisting notice or listing-rule failure; Other material event “The disclosure set forth in Item 8.01 below with respect to the issuance of the Warrants (defined below) is incorporated by reference into this Item 3.01.” |
| Aug 18, 2026 | 8-K | Unregistered sale of shares; Other material event “Vendor Share Issuances On August 18, 2026, Archer Aviation Inc. (the "Company") filed a prospectus supplement pursuant to Rule 424(b) under the Securities Act of 1933, as amended (the "Securities Act"), with the Securities and Exchange Commission (the "SEC"), relating to shares of Class A common stock, $0.0001 par value per share ("Class A common stock") that the Company issues to certain vendors from time to time in exchange for services rendered and/or goods purchased (the "Vendor Share Issuances"), as…” |
| Aug 10, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 10, 2026 | 8-K | Quarterly results |
| Aug 10, 2026 | 8-K | Entered a material agreement; Unregistered sale of shares; Regulation FD disclosure “Equity Purchase Agreement On August 9, 2026, Archer Aviation Inc. (the "Company") entered into a definitive Equity Purchase Agreement (the "Purchase Agreement") with The Boeing Company ("Boeing") to acquire all of the equity interests of Wisk Aero LLC, an autonomous aviation company, SkyGrid, LLC, a digital airspace integration and air traffic management platform, and Insitu, Inc., a manufacturer of unmanned aircraft systems and AI-enabled technologies, together with certain of their respective related entities,…” |
| Aug 7, 2026 | Schedule 13G | STATE STREET CORPORATION: 6.4% of shares, passive 5%+ holder |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
ACHR revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| FBO Related Revenue | $3.0M | 60.0% | — |
| Lease Related Revenue | $1.0M | 20.0% | — |
| Other Revenue | $1.0M | 20.0% | — |
| Total revenue | $5.0M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
ACHR suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Hawthorne Airport | “We began generating lease revenue from the leasing of hangar space at Hawthorne Airport in the fourth quarter of 2025.” |
| Partner | United Airlines Holdings, Inc. (UAL) | “We have also been continuing to advance our partnership with the Department of Defense ("DoD"), which started in 2021, on a series of projects through the United States Air Force's ("USAF") AFWERX program with the goal of helping the AFWERX Agility Prime program assess the transformational potential of the vertical flight market and related technologies for DoD purposes.” |
| Partner | Stellantis (STLA) | “We have entered into, and may continue to pursue, strategic relationships, joint ventures, minority investments, acquisitions, and licensing arrangements, including our previously announced partnership with Anduril to jointly develop a next generation aircraft for military applications, our acquisitions of certain intellectual property, manufacturing and other assets and our proposed manufacturing relationship wit…” |
| Partner | Anduril Industries | “Through our strategic partnership with Anduril Industries Inc. ("Anduril"), this aircraft platform is intended to meet the vertical lift needs of the U.S. and its Allies for decades to come.” |
Quoted from the company's 10-K filed Mar 2, 2026.
Companies that name ACHR in their SEC reports
| Relationship to ACHR | Company | Filing | Sentence |
|---|---|---|---|
| partner | Highview Merger Corp. (HVMC) | 10-K Mar 27, 2026 | “a definitive agreement with Archer Aviation.” |
ACHR company outlook (results filed Nov 9, 2026)
- “UNLOCK THE SKIES Q3 2026 SHAREHOLDER LETTER | 4 This morning, we announced that we've delivered the first Midnight to Los Angeles for the next part of our "No Roads" tour, which we expect to begin in the coming weeks.”
Quoted word-for-word from the SEC 8-K results press release.
ACHR analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Dec 2026) | $-0.23 | $-0.22 | −$0.01 | $4.6M | 2 |
| Next quarter (ends Mar 2027) | $-0.32 | $-0.31 | −$0.01 | $8.1M | 3 |
| Current fiscal year (ends Dec 2026) | $-0.96 | $-1.01 | +$0.05 | $15.1M | 3 |
| Next fiscal year (ends Dec 2027) | $-0.81 | $-0.93 | +$0.13 | $138.0M | 3 |
ACHR options: expected move
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 13, 2026 | 3 | 99.6% | ±7.5% |
| Nov 20, 2026 | 10 | 87.7% | ±11.7% |
| Nov 27, 2026 | 17 | 75.6% | ±13.0% |
| Dec 4, 2026 | 24 | 77.8% | ±15.8% |
| Dec 11, 2026 | 31 | 71.8% | ±16.6% |
| Dec 18, 2026 | 38 | 76.0% | ±21.6% |
| Dec 24, 2026 | 44 | 75.4% | ±20.6% |
| Jan 15, 2027 | 66 | 75.2% | ±27.1% |
30-day implied volatility 69.7% vs 75.3% realized over the last 30 trading days. Put/call ratio (volume) 0.22. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of November 10, 2026 at 16:39 UTC)
| Price | USD 4.56 |
|---|---|
| Change | ▼ 5.20% (down) |
| Previous Close | USD 4.81 |
| Open | USD 4.65 |
| Day Range | USD 4.34 – 4.75 |
| 52-Week Range | USD 3.62 – 9.29 |
| Volume | 19,796,315 shares |
| Market Cap | $3.51B |
| Exchange | NYQ |
Technical Analysis (ACHR)
Nexqual's technical model rates ACHR "NEUTRAL" based on 2 bullish and 3 bearish signals across 128 daily candles, as of November 10, 2026 at 16:39 UTC.
| Overall Signal | NEUTRAL |
|---|---|
| RSI (14) | 49.98 (neutral) |
| vs SMA50 | Below (USD 4.83) |
| MACD | -0.09 (negative) |
Analyst Ratings (ACHR)
Wall Street analysts rate ACHR "Buy" based on 9 analysts, with a mean price target of USD 10.89 (range USD 7–18), per Nexqual as of November 10, 2026 at 16:39 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 9 |
| Mean Target | USD 10.89 |
| High Target | USD 18 |
| Low Target | USD 7 |
| Buy / Hold / Sell | 7 / 2 / 0 |
Earnings (ACHR)
| Next Earnings Date | 2026-11-09 |
|---|---|
| EPS Estimate | USD -0.23 |
| Revenue Estimate | $4.64M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-09-30 | USD -0.22 vs est -0.25 ▲ beat |
| 2026-06-30 | USD -0.22 vs est -0.25 ▲ beat |
| 2026-03-31 | USD -0.19 vs est -0.24 ▲ beat |
| 2025-12-31 | USD -0.14 vs est -0.17 ▲ beat |
Source: Nexqual, November 10, 2026 at 16:39 UTC.
Financials & Fundamentals (ACHR)
| Total Revenue | $12.00M |
|---|---|
| Gross Margin | +9.17% |
| Operating Margin | -5670.59% |
| Profit Margin | +0.00% |
| ROE | -55.64% |
| Debt / Equity | 0.1 |
| Current Ratio | 8.02 |
| Total Cash | $1.35B |
| Total Debt | $180.70M |
| Free Cash Flow (last four quarters to Sep 2026, SEC 10-Q / 10-K) | -$730.40M (-6086.7% of revenue) |
Source: Nexqual, November 10, 2026 at 16:39 UTC.
Financial Health Score (ACHR)
Nexqual rates Archer Aviation Inc.'s overall financial health "Weak" across five dimensions, as of November 10, 2026 at 16:39 UTC.
| Growth | Mixed — No data |
|---|---|
| Profitability | Critical — Heavily loss-making — early-stage company |
| Balance Sheet | Strong — $1.35B cash and investments vs $92M debt (Sep 2026, SEC), net cash |
| Cash Flow | Weak — FCF negative: -$730M (last 4 quarters to Sep 2026, SEC), burning cash |
| Efficiency | Critical — ROE -55%, ROA -44.7% (last 4 quarters, SEC) |
Ownership (ACHR)
| Insider Ownership | +14.73% |
|---|---|
| Institutional Ownership | +50.73% |
| Shares Outstanding | 770.03M |
| Float | 672.96M |
| Short % of Float | +17.15% |
Source: Nexqual, November 10, 2026 at 16:39 UTC.
Leadership (ACHR)
Archer Aviation Inc. is led by Adam D. Goldstein, Founder, CEO & Chairman, per Nexqual as of November 10, 2026 at 16:39 UTC.
| Founder, CEO & Chairman | Adam D. Goldstein |
|---|---|
| Acting CFO, Acting Principal Financial Officer & VP of Finance | Priya Gupta |
| Chief Technology Officer | Thomas Paul Muniz |
Major Backers & Investors (ACHR)
Notable institutional backers of Archer Aviation Inc. include ARK Invest, Morgan Stanley, Sumitomo Mitsui Trust Group, Inc., according to Nexqual as of November 10, 2026 at 16:39 UTC.
Active Investors
| Investor | Stake |
|---|---|
| ARK Invest | 4.15% |
| Morgan Stanley | 2.11% |
| Sumitomo Mitsui Trust Group, Inc. | 1.05% |
| NORGES BANK | 1.02% |
| Amova Asset Management Americas Inc | 0.98% |
| Fidelity | 0.96% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 7.82% |
| Vanguard Group | 7.51% |
| State Street | 6.32% |
| Geode Capital | 2.2% |
Source: Nexqual, November 10, 2026 at 16:39 UTC.
From Archer Aviation Inc.'s Latest SEC 10-K Filing (filed 2026-03-02)
Key Strengths & Strategy (as disclosed to the SEC)
- We rely on various intellectual property laws, confidentiality procedures and contractual terms to protect our proprietary technology and our brand.
- We have also filed patent applications in the United States and foreign countries covering certain of our technology and intellectual property.
Partnerships
- Through our strategic partnership with Anduril Industries Inc. ("Anduril"), this aircraft platform is intended to meet the vertical lift needs of the U.S. and its Allies for decades to come.
- We have also been continuing to advance our partnership with the Department of Defense ("DoD"), which started in 2021, on a series of projects through the United States Air Force's ("USAF") AFWERX program with the goal of helping the AFWERX Agility Prime program assess the transformational potential of the vertical flight market and related technologies for DoD purposes.
Legal & Regulatory Risks (Item 1A, quoted)
- Our operations at Hawthorne Airport subject us to additional federal and state regulations that may result in additional costs.
- Our operations at Hawthorne Airport subject us to additional regulatory requirements and compliance with those requirements could result in additional costs. For example, the FAA, from time to time, issues directives and other regulations relating to the management, maintenance, operation, and use of airport facilities. Compliance with those requirements may cause us to incur significant expenditures.
- Failure to comply with aviation and eVTOL-related laws and regulations could materially harm our business, financial condition, and operating results.
- Failure to comply with laws and regulations relating to privacy, data protection and consumer protection, or the expansion of current laws and regulations or the enactment of new laws or regulations in these areas, could adversely affect our business and our financial condition.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| RKLB | Rocket Lab Corporation | USD 58.95 | ▲ 0.15% |
| KTOS | Kratos Defense & Security Solut | USD 36.54 | ▼ 3.05% |
| LOAR | Loar Holdings Inc. | USD 77.22 | ▼ 1.72% |
| CAE | CAE Inc | USD 27.61 | ▲ 0.29% |
| SARO | StandardAero, Inc. | USD 28.16 | ▼ 2.81% |
| DRS | Leonardo DRS, Inc. | USD 36.61 | ▲ 0.54% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: November 10, 2026 at 16:39 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt