Archer Aviation shares swing amid analyst upgrades and downgrades

Archer Aviation Inc.'s stock fell 7% to around $4.48 on Wednesday before rising 6.1% to $4.76 on Thursday. Analyst opinions were mixed: Weiss Ratings reiterated a sell rating, while Canaccord Genuity set a buy rating and a price target of $12‑$13. Market consensus remains a hold with an average target of $11.83. The company reported a quarterly loss of $0.28 per share, missing estimates, and revenue of $1.6 million versus expectations of $1.66 million. Insider activity showed sales of shares by senior executives over the same period.

These moves highlight ongoing volatility for the electric‑aircraft maker as analysts reassess its defence‑flight prospects and investors react to earnings shortfalls.