Archer Aviation Shares Drop 2.9% Amid Market Volatility

Analysts weigh in on whether investors should sell the electric aviation company's stock.

Published on Mar. 8, 2026

Got story updates? Submit your updates here. ›

Archer Aviation Inc. (NYSE:ACHR), a California-based aerospace company developing electric vertical takeoff and landing (eVTOL) aircraft, saw its shares drop 2.9% during trading on Friday. The stock traded as low as $6.22 and closed at $6.27, with approximately 30.7 million shares changing hands, down 21% from the average daily volume.

Why it matters

Archer Aviation is a key player in the emerging urban air mobility market, which aims to reduce traffic congestion in densely populated areas through the development of sustainable, electric-powered aircraft. The company's stock performance is closely watched by investors as it navigates the challenges of bringing its innovative technology to market.

The details

Several research firms have recently weighed in on Archer Aviation's stock. Cantor Fitzgerald reissued an 'overweight' rating, while Weiss Ratings assigned a 'sell (d-)' rating. Needham & Company LLC lowered its target price from $10 to $9, and The Goldman Sachs Group initiated coverage with a 'neutral' rating and a $11 price target. Overall, the stock has a 'Moderate Buy' rating from analysts, with an average price target of $12.

  • Archer Aviation's shares dropped 2.9% during trading on Friday, March 8, 2026.

The players

Archer Aviation Inc.

A California-based aerospace company developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility solutions.

Cantor Fitzgerald

A research firm that has reissued an 'overweight' rating on Archer Aviation's stock.

Weiss Ratings

A research firm that has assigned a 'sell (d-)' rating to Archer Aviation's stock.

Needham & Company LLC

A research firm that has lowered its target price on Archer Aviation's stock from $10 to $9.

The Goldman Sachs Group

A research firm that has initiated coverage of Archer Aviation's stock with a 'neutral' rating and a $11 price target.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Archer Aviation's stock performance reflects the volatility and uncertainty surrounding the emerging urban air mobility market, as the company navigates the challenges of bringing its innovative technology to market. Investors will be closely watching the company's progress and the market's response as it continues to develop its eVTOL aircraft.