Shares of Archer Aviation Inc (NYSE:ACHR) tanked in early trading on Tuesday, after the company reported downbeat fourth-quarter earnings on Monday.
Here are the key analyst insights:
- Needham analyst Chris Pierce reiterated a Buy rating, while cutting the price target from $10 to $9.
- JPMorgan analyst Bill Peterson maintained a Neutral rating on the stock.
Check out other analyst stock ratings.
Needham: Questions around whether the technology behind Archer Aviation’s Midnight aircraft actually works had dampened investor enthusiasm in 2025, Pierce said in a note. The company now faces a catalyst-rich year versus low expectations, with its updated Midnight aircraft “working towards piloted transition flight in the near term,” he added.
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