Based on the provided data and recent market activity, here's a comprehensive analysis of ACHR stock:
Technical Analysis
The stock is showing bearish signals in the short term:
- Recent close at $4.81, down significantly from recent highs around $7
- RSI-14 at 46.59 indicates neutral momentum but trending downward
- MACD shows minimal bullish divergence (0.19) with flattening signal line
- Stock trading below both 5-day (10.07) and 10-day (9.77) moving averages
Fundamental Analysis
Key financial metrics show significant challenges:
Metric |
2023 |
2022 |
Change |
Net Income |
-$457.9M |
-$317.3M |
-44.3% |
EPS |
-$1.69 |
-$1.31 |
-29.0% |
Current Ratio |
4.21 |
10.23 |
-58.8% |
Total Equity |
$367.1M |
$493.3M |
-25.6% |
Recent Developments
According to recent news, Archer Aviation secured FAA certification for its pilot training academy, a crucial milestone toward beginning electric air taxi operations in 2025. The stock showed an 8.16% increase following this announcement, demonstrating positive market sentiment toward the company's progress.
Sell Recommendation
Given the current market conditions and analysis:
- Deteriorating financial metrics with increasing losses
- Technical indicators showing bearish momentum
- High volatility and recent price decline
- Pre-market and regular market showing significant weakness
The stock appears overvalued at current levels and faces near-term downside risks. Consider selling or avoiding new positions at this time.