Is achr a buy at 9.44
6/6/2025 01:48am
**Archer Aviation (ACHR) does not appear to be a strong buy at the current price of $9.44.** Here's why:
1. **Technical Indicators Suggest Caution**: The stock's MACD is negative at -0.57, and its RSI is at 26.07, indicating it may be oversold. However, the KDJ is at -1.9, which could suggest a potential reversal. The Bollinger Bands show a mid-value at $10.55, with an upper value at $12.88, suggesting a potential for the stock to move higher but also a significant resistance level.
|code|Ticker|Name|Date|RSI|KDJ|MACD|market_code|
|---|---|---|---|---|---|---|---|
|ACHR|ACHR.N|Archer Aviation|20250605|26.0687|-1.8899|-0.5738|169|
2. **Moving Averages Are Bearish**: The 5-day moving average is $9.72, the 10-day is $10.23, and the 20-day is $10.55, all of which are higher than the current price, indicating a short-term downward trend. The 50-day moving average is $8.80, and the 200-day is $6.96, suggesting a potential for a longer-term trend to be bullish if the stock were to break above these averages.
|code|Ticker|Name|Date|Moving Average|market_code|
|---|---|---|---|---|---|
|ACHR|ACHR.N|Archer Aviation|20250605|9.7233|169|
3. **Support and Resistance Levels**: The stock has support at $9.34 and resistance at $9.77, which could be indicative of a narrow trading range.
|code|Ticker|Name|Date|Support Level|Resistance Level|market_code|
|---|---|---|---|---|---|---|
|ACHR|ACHR.N|Archer Aviation|20250605|9.3400|9.7700|169|
4. **Analyst Ratings and Price Targets**: The consensus rating is "Strong Buy" with an average price target of $12.88, which is significantly higher than the current price. However, it's important to consider that price targets are based on analysts' opinions and market conditions, and they may not always be accurate.
5. **Fundamental Analysis**: The company has a negative diluted EPS of -$0.17 and has reported a net income of -$93.4 million, with a net income growth rate of 19.83%. The 3-year EPS CAGR is 3.72%, and the 3-year revenue CAGR is not available. These figures suggest that while there is some growth potential, the company is currently unprofitable and has significant financial challenges to overcome.
|code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|market_code|
|---|---|---|---|---|---|---|---|
|ACHR|ACHR.N|Archer Aviation|2024 Q2|41.93373166757197||56.16438356164384|169|
|ACHR|ACHR.N|Archer Aviation|2024 Q3|-123.44961240310077||-52.63157894736841|169|
|ACHR|ACHR.N|Archer Aviation|2024 Q4|-81.57653528872594|||169|
|ACHR|ACHR.N|Archer Aviation|2025 Q1|19.82832618025751||52.77777777777777|169|
6. **Market Sentiment and Recent Performance**: The stock has experienced volatility, with a recent dip due to short-seller claims that were followed by a stabilization as the market focused on the company's operational milestones. There is also a recent gapping up of the stock, which could indicate a positive reaction to recent news.
In conclusion, while there is some potential for growth as indicated by the analyst ratings and the Bollinger Bands, the current technical indicators and the company's financials suggest that ACHR may not be a strong buy at the current price of $9.44. Investors should consider their risk tolerance and investment horizon before making a decision. It's also important to monitor the stock's performance closely, especially in light of any new developments or news that could impact the stock's trajectory.