Archer Aviation (NYSE:ACHR) Announces Quarterly Earnings Results, Hits Estimates

Archer Aviation (NYSE:ACHR) released its quarterly earnings results on Monday. The company reported ($0.34) EPS for the quarter, hitting the consensus estimate of ($0.34), FiscalAI reports. The company had revenue of $5.00 million for the quarter, compared to analyst estimates of $1.94 million.

Here are the key takeaways from Archer Aviation’s conference call:

• Archer plans to acquire Boeing-owned Wisk Aero, Insitu, and SkyGrid in an all-stock transaction targeted to close by year-end, while Boeing takes a strategic equity stake and commits to future collaboration and investments.
• Insitu would add an established defense business generating more than $200 million in annual revenue, with management expecting positive free cash flow after closing and substantial growth opportunities in ISR drones.
• Archer reported Q2 revenue of $5 million, up 213% sequentially, while maintaining $1.6 billion in liquidity; its $177 million adjusted EBITDA loss was at the favorable end of guidance.
• Midnight flight testing is advancing, with more than 150 piloted test flights, intercity flights, and FAA approval of Archer’s quality management system. The company expects Los Angeles testing and initial eIPP operations in Texas later this year.
• Archer remains heavily loss-making, forecasting another $170 million–$200 million adjusted EBITDA loss in Q3. Management expects cash burn to remain relatively flat after the acquisitions, but integration, transaction-closing, and execution risks remain significant.

Archer Aviation Price Performance

Shares of NYSE ACHR opened at $6.43 on Wednesday. Archer Aviation has a fifty-two week low of $4.30 and a fifty-two week high of $14.62. The business has a 50 day moving average price of $5.17 and a two-hundred day moving average price of $5.97. The company has a quick ratio of 18.06, a current ratio of 18.06 and a debt-to-equity ratio of 0.06. The firm has a market cap of $4.89 billion, a PE ratio of -5.96 and a beta of 3.20.

Wall Street Analyst Weigh In

ACHR has been the topic of a number of analyst reports. Wells Fargo & Company set a $18.00 price objective on shares of Archer Aviation in a research note on Tuesday. Weiss Ratings restated a “sell (d-)” rating on shares of Archer Aviation in a research note on Friday, July 17th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $11.00 price target on shares of Archer Aviation in a report on Tuesday. Barclays raised shares of Archer Aviation to a “hold” rating in a report on Wednesday, July 29th. Finally, Canaccord Genuity Group dropped their price target on shares of Archer Aviation from $13.00 to $12.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $11.50.

Key Headlines Impacting Archer Aviation

Here are the key news stories impacting Archer Aviation this week:

• Positive Sentiment: Boeing transaction expands Archer’s business. Archer agreed to acquire Wisk Aero, Insitu and SkyGrid in an all-stock transaction. Boeing will receive approximately 20% of Archer, a board seat and continued collaboration rights. The assets add autonomous eVTOL technology, unmanned aircraft systems and air-traffic-management capabilities. Archer Announces Second Quarter 2026 Results and Boeing Deal
• Positive Sentiment: Insitu could provide meaningful near-term revenue. The defense-drone business reportedly generates about $200 million in annual revenue, substantially exceeding Archer’s roughly $5 million in second-quarter revenue. Investors view the addition of an established defense operation as a potential offset to Archer’s eVTOL development costs and a way to access a larger defense market. Archer Aviation Buys Boeing Defense Business
• Positive Sentiment: Analyst and options activity supports bullish momentum. Cantor Fitzgerald reaffirmed an Overweight rating with an $11 price target, while H.C. Wainwright maintained a Buy rating and projected revenue could grow from approximately $17 million in 2026 to $800 million by 2028. Traders have also purchased unusually large volumes of ACHR call options. H.C. Wainwright Archer Revenue Forecast
• Neutral Sentiment: Quarterly results were mixed. Archer’s second-quarter loss was in line with estimates, while revenue of $5 million exceeded the approximately $1.94 million consensus. However, the company remains unprofitable and reported substantial adjusted EBITDA losses, keeping execution and liquidity important considerations.
• Negative Sentiment: Integration and financing risks remain. Combining three Boeing subsidiaries could increase operating complexity and costs, while the transaction must clear regulatory review. Archer also expects continued heavy cash burn, despite holding approximately $1.6 billion in liquidity. Investors will watch deal completion, Insitu integration and progress toward Midnight certification.

Insiders Place Their Bets

In other news, CAO Harsh Rungta sold 12,414 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $5.95, for a total transaction of $73,863.30. Following the completion of the transaction, the chief accounting officer directly owned 87,210 shares in the company, valued at approximately $518,899.50. This represents a 12.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Thomas Paul Muniz sold 91,839 shares of the stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $5.95, for a total value of $546,442.05. Following the transaction, the chief technology officer owned 1,462,314 shares of the company’s stock, valued at approximately $8,700,768.30. This trade represents a 5.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 250,743 shares of company stock valued at $1,497,672. Company insiders own 5.55% of the company’s stock.

Institutional Investors Weigh In On Archer Aviation

Several institutional investors and hedge funds have recently made changes to their positions in ACHR. Strs Ohio acquired a new position in Archer Aviation in the first quarter worth $27,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Archer Aviation by 840.1% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,732 shares of the company’s stock worth $28,000 after purchasing an additional 3,335 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its holdings in shares of Archer Aviation by 80.0% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 4,500 shares of the company’s stock worth $34,000 after purchasing an additional 2,000 shares during the period. Geneos Wealth Management Inc. lifted its position in shares of Archer Aviation by 105.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 3,318 shares of the company’s stock worth $36,000 after buying an additional 1,702 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its position in shares of Archer Aviation by 83.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 5,000 shares of the company’s stock worth $48,000 after buying an additional 2,271 shares during the last quarter. 59.34% of the stock is owned by institutional investors and hedge funds.

Archer Aviation Company Profile

Archer Aviation, Inc (NYSE: ACHR) is a California-based aerospace company developing electric vertical takeoff and landing (eVTOL) aircraft designed to serve as sustainable urban air mobility solutions. Founded in 2018 by Adam Goldstein and Brett Adcock, Archer focuses on the design, development and certification of zero-emissions air taxis aimed at reducing traffic congestion in densely populated metropolitan areas. The company’s flagship prototypes, “Maker” and “Midnight,” have been engineered to deliver quiet, efficient short-haul flights with ranges of up to 100 miles per charge.

Headquartered in Palo Alto, California, Archer operates a manufacturing facility in nearby Santa Cruz County and maintains research partnerships with automotive and energy companies, including a collaboration with Stellantis to integrate advanced battery systems.