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In recent transactions disclosed by Archer Aviation Inc. (NYSE:ACHR), Interim CFO Priya Gupta sold shares of the company, totaling $124,705. The sale was conducted on March 4, 2025, at a weighted average price of $7.70 per share, amid the stock’s remarkable 145% surge over the past six months. According to InvestingPro analysis, the company’s shares are currently trading above their Fair Value, with analyst price targets ranging from $4.50 to $13.50. This transaction was part of a broader set of activities that also included the acquisition of shares through the exercise of restricted stock units earlier in March.
Gupta exercised options to acquire a total of 19,850 shares of Class A Common Stock on March 1, 2025. These exercises were conducted at no cost, as is typical for such transactions. The subsequent sale of 16,192 shares was carried out to cover tax withholding obligations related to the vesting of restricted stock units, in accordance with company policy. The stock has shown significant volatility, with a beta of 3.14, making it more sensitive to market movements than average.
Following these transactions, Gupta holds 117,721 shares of Archer Aviation directly. This activity highlights a common practice among executives to manage tax liabilities while maintaining a significant stake in their company. With a strong current ratio of 12.07, the company maintains robust liquidity despite its current WEAK financial health score. For deeper insights into Archer Aviation’s financial metrics and exclusive analysis, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Archer Aviation reported its Q4 2024 earnings, revealing a strong liquidity position of over $1 billion, despite a 22% year-over-year increase in operating expenses. Analysts from Needham raised their price target for Archer Aviation to $13, citing confidence in the company’s ability to fulfill its approximately $6 billion order book. Canaccord Genuity also increased its price target to $13.50, highlighting Archer’s strong positioning in the urban air mobility market. Benchmark analysts maintained a Buy rating with a $12 target, noting progress in the FAA certification process for the Midnight eVTOL aircraft.
Cantor Fitzgerald reiterated its Overweight rating with a $13 target, emphasizing strategic partnerships and Archer’s focus on international markets for early revenue generation. Archer’s "Launch Edition" program aims to commercialize eVTOLs in international markets before FAA certification, with Abu Dhabi Aviation set to become the first Midnight operator. Additionally, Archer’s partnership with Anduril Industries is expected to create opportunities beyond defense, leveraging the dual-use nature of their technology.
Archer Aviation plans to construct 10 Midnight aircraft in fiscal year 2025 to meet early adopter demands and certification purposes. The company’s balance sheet is anticipated to support operations through FY26, providing a margin of safety for investors. Despite challenges with rising expenses, Archer is advancing its Midnight electric air taxi development, targeting a commercial launch in 2025, with plans to expand into the Middle East, Asia, and Africa.
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