TLDR
- State Street disclosed a 6.4% stake in Archer Aviation, covering about 48.7 million shares, filed against a June 30 position.
- Archer reports Q2 earnings after the close on Monday, August 10, with a projected loss of $0.34 per share on $1.94 million in revenue.
- California State Teachers Retirement System raised its position by 21%, adding 124,052 shares worth roughly $3.7 million.
- Institutional investors now own 59.34% of ACHR, while insiders sold 250,743 shares last quarter, mostly to cover tax obligations on vested equity.
- Analyst sentiment is mixed, with an average “Hold” rating and an average price target of $11.83, against a recent open of $5.59.
Archer Aviation is heading into its Q2 earnings report on Monday, August 10, with a fresh wave of institutional activity drawing attention to the stock.
State Street Corporation disclosed beneficial ownership of roughly 48.7 million Archer shares, equal to a 6.4% stake in the company. The filing was tied to a June 30, 2026 position and submitted under Rule 13d-1(b), which means it is a passive holding, not an activist move.
State Street holds shared voting power over about 46.9 million of those shares and shared dispositive power over the full 48.7 million. The position spans multiple State Street Global Advisors entities and reflects holdings across various funds and accounts, not a single large bet on Archer.
The stock opened at $5.59 recently, well below its 52-week high of $14.62. The 50-day moving average sits at $5.18, while the 200-day is at $6.01.
California State Teachers Retirement System also added to its position, buying 124,052 shares during Q1 to bring its total to 716,066 shares worth approximately $3.7 million. That is a 21% increase in its stake. Institutional investors collectively hold 59.34% of ACHR.
Insider Activity
On the other side of the ledger, company insiders sold 250,743 shares worth about $1.5 million over the past quarter. CTO Thomas Paul Muniz sold 91,839 shares at $5.95, and insider Eric Lentell sold 48,169 shares at the same price. Both sales were made to cover tax withholding obligations tied to vested equity awards.
Insiders still own 5.55% of the company.
Earnings in Focus
Analysts expect Archer to report a loss of around $0.34 per share on $1.94 million in revenue for Q2. In Q1, the company missed estimates, posting a loss of $0.28 per share against expectations of $0.25, with revenue of $1.60 million versus the $1.66 million forecast.
The market cap sits at $4.25 billion. The debt-to-equity ratio is 0.06, and the current ratio is 18.06, pointing to a well-funded balance sheet for now.
Key questions heading into the report include how close Archer is to FAA certification for its air taxi program, whether its defense and powertrain partnerships are generating revenue, and how fast the company is burning through cash.
Archer’s collaboration with Anduril on defense applications has been a point of interest for investors looking for near-term revenue beyond the air taxi program.
Analyst ratings are split. Four analysts rate ACHR a Buy, three a Hold, and one a Sell.
The average price target is $11.83, though Canaccord Genuity trimmed its target from $13 to $12 in May while keeping a Buy rating. Barclays upgraded the stock to Hold in late July.
The average full-year EPS estimate from sell-side analysts is -$1.40.
Stop guessing and start investing with confidence. KnockoutStocks gives you the AI insights, market intelligence, and stock research you need to spot opportunities, cut through the noise, and make smarter investment decisions — all in one powerful platform.
Sign up today and get 50% OFF full access to our premium stock picks.
Simply use coupon code SPECIAL50 at checkout to claim your exclusive discount.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
