As Archer Aviation (ACHR) continues to work toward commercialization, the stock remains a speculative bet for some investors. After sliding almost 15% last week, ACHR rebounded with an 8.20% gain in a single trading session.
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.
The jump came without a major company announcement and followed a stretch of weak trading, highlighting how quickly sentiment can shift. Archer remains a pre-commercial, pre-revenue business, with its first passenger flights expected only after regulatory approvals are secured. Until then, the stock is likely to react more to momentum shifts, sector sentiment, and macro factors than to traditional earnings or revenue metrics.
Vanguard Joins Archer’s Shareholder Ranks
Separately, the Vanguard Group disclosed a significant stake in the eVTOL developer. In a Schedule 13G filing with the SEC on July 29, Vanguard reported ownership of 35.91 million shares, representing 5.66% of the company’s outstanding stock. Vanguard can decide when to sell most of these shares, but it does not vote them directly. That is common for index funds, where voting is handled by other teams or shared with fund managers. The filing covers holdings as of June 30, when Vanguard’s stake passed the 5% mark.
For investors, Vanguard’s presence may signal long-term institutional interest, but it does not change the near-term targets; Archer must move as quickly as possible from pre-commercial and revenue to sustained production and consistent deliveries.
Is Archer Aviation Stock a Good Buy?
Despite the stock’s speculative nature, 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 $11.92. This implies a 14.29% upside from the current price.
