Archer Aviation (US:ACHR) Benzingaยท2025-05-12 16:27Core Viewpoint - Archer Aviation Inc is set to report its first-quarter earnings for fiscal 2025, with Wall Street anticipating a loss of 26 cents per share on revenue of $2.20 million, as the company prepares for commercialization of its flying taxi technology [1]. Stock Performance - Archer Aviation's stock has increased by 134.9% over the past year, although it has seen a decline of 7.9% year-to-date [1]. - The stock was trading at $9.10, above key short- and long-term trend lines, indicating a strong technical setup ahead of earnings [3]. Technical Analysis - The stock is performing well above its five-, 20-, 50-, and 200-day moving averages, with a relative strength index (RSI) of 57.8 and a MACD reading of 0.32, suggesting bullish momentum [2]. - The eight-day simple moving average (SMA) is at $8.78, the 20-day SMA at $8.22, and the 50-day SMA at $7.83, all indicating a well-supported uptrend [3]. Analyst Ratings - The consensus rating for Archer Aviation is a Buy, with a 12-month price target of $11.10, while Needham and Canaccord Genuity have set a more aggressive average target of $13.17, implying a potential upside of nearly 42% [4]. - Cantor Fitzgerald's analyst has reiterated an Overweight rating with a target of $13, highlighting the company's strategic focus on global operations and strong partnerships [5].