JP Morgan downgrades Archer Aviation Inc (ACHR) rating to a Neutral

CHWY Stock

Archer Aviation Inc’s recent filing unveils that its CHIEF TECHNOLOGY OFFICER Muniz Thomas Paul unloaded Company’s shares for reported $1.05 million on May 16 ’25. In the deal valued at $12.99 per share,80,919 shares were sold. As a result of this transaction, Muniz Thomas Paul now holds 1,253,294 shares worth roughly $13.69 million.

Then, Perkins Tosha sold 40,186 shares, generating $521,932 in total proceeds. Upon selling the shares at $12.99, the CHIEF PEOPLE PARTNERSHIPS OFF. now owns 256,799 shares.

Before that, Mesler Mark sold 50,775 shares. Archer Aviation Inc shares valued at $659,461 were divested by the CHIEF FINANCIAL OFFICER at a price of $12.99 per share. As a result of the transaction, Mesler Mark now holds 711,525 shares, worth roughly $7.77 million.

JP Morgan downgraded its Archer Aviation Inc [ACHR] rating to a Neutral from a an Overweight in a research note published on January 10, 2025; the price target was increased to $9 from $6. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in mid November with a ‘”a Buy”‘ rating. H.C. Wainwright began covering ACHR with “Buy” recommendation on September 03, 2024. Canaccord Genuity started covering the stock on June 09, 2023. It rated ACHR as “a Buy”.

Price Performance Review of ACHR

On Tuesday, Archer Aviation Inc [NYSE:ACHR] saw its stock jump 3.12% to $10.92. Over the last five days, the stock has lost -4.13%. Archer Aviation Inc shares have risen nearly 12.00% since the year began. Nevertheless, the stocks have risen 219.30% over the past one year. While a 52-week high of $13.92 was reached on 05/16/25, a 52-week low of $2.82 was recorded on 04/07/25. SMA at 50 days reached $8.60, while 200 days put it at $6.77.

Levels Of Support And Resistance For ACHR Stock

The 24-hour chart illustrates a support level at 10.59, which if violated will result in even more drops to 10.25. On the upside, there is a resistance level at 11.34. A further resistance level may holdings at 11.76. The Relative Strength Index (RSI) on the 14-day chart is 58.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.91%. Stochastics %K at 43.01% indicates the stock is a holding.

The most recent change occurred on July 27, 2022 when Raymond James began covering the stock and recommended ‘”an Outperform”‘ rating along with a $8 price target.

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