Cantor Fitzgerald reissued their overweight rating on shares of BETA Technologies (NYSE:BETA – Free Report) in a research note published on Thursday morning,Benzinga reports. Cantor Fitzgerald currently has a $31.00 price objective on the stock.
BETA has been the topic of a number of other reports. BTIG Research reissued a “buy” rating and issued a $33.00 price objective on shares of BETA Technologies in a research report on Thursday. Needham & Company LLC reaffirmed a “buy” rating and set a $34.00 price objective on shares of BETA Technologies in a research report on Wednesday. Citigroup reiterated a “buy” rating on shares of BETA Technologies in a research note on Thursday. Weiss Ratings raised BETA Technologies from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, August 4th. Finally, The Goldman Sachs Group cut their price target on BETA Technologies from $38.00 to $34.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Nine investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $31.11.
Get Our Latest Research Report on BETA
BETA Technologies Stock Down 5.1%
BETA Technologies (NYSE:BETA – Get Free Report) last issued its earnings results on Wednesday, August 12th. The company reported ($0.64) earnings per share for the quarter, missing the consensus estimate of ($0.56) by ($0.08). BETA Technologies had a negative net margin of 1,913.91% and a negative return on equity of 96.24%. The firm had revenue of $14.66 million during the quarter. On average, equities research analysts anticipate that BETA Technologies will post -2.22 EPS for the current fiscal year.
Insider Activity at BETA Technologies
In other news, insider Kyle Clark sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $25.42, for a total transaction of $762,600.00. Following the completion of the sale, the insider owned 5,396,941 shares in the company, valued at $137,190,240.22. This represents a 0.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 197,896 shares of company stock worth $3,967,640 in the last three months. 24.47% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On BETA Technologies
Several institutional investors have recently bought and sold shares of BETA. General Electric Co acquired a new position in BETA Technologies in the 4th quarter valued at $644,962,000. TPG GP A LLC acquired a new stake in shares of BETA Technologies in the 4th quarter worth $462,515,000. Amazon Com Inc. acquired a new stake in shares of BETA Technologies in the 4th quarter worth $331,577,000. Vanguard Group Inc. purchased a new stake in shares of BETA Technologies in the fourth quarter valued at about $77,089,000. Finally, Norges Bank purchased a new stake in shares of BETA Technologies in the fourth quarter valued at about $41,485,000.
Trending Headlines about BETA Technologies
Here are the key news stories impacting BETA Technologies this week:
- Positive Sentiment: BETA cleared a certification hurdle involving its electric engine and aircraft, an important step toward commercial deployment and revenue generation. Beta Clears Certification Hurdle With Electric Engine And Aircraft
- Positive Sentiment: Management highlighted certification progress, hybrid-propulsion development and strategic partnerships as evidence of a clearer path forward, potentially reinforcing investor confidence in the company’s long-term strategy. BETA Technologies Takes Flight: Certification Progress, Hybrid Propulsion, and Strategic Partnerships Mark Q2 2026 Milestones
- Positive Sentiment: Needham reaffirmed its “Buy” rating. Cantor Fitzgerald and BTIG also maintained bullish ratings, with price targets of $31 and $33, respectively, above the recent trading level. The average brokerage target was reported at $31.11. Needham Reaffirms Buy Rating Average Brokerage Price Target
- Neutral Sentiment: CEO Kyle Clark said BETA has a “clear path forward with certification,” but investors must still weigh the company’s execution and funding needs as it scales. BETA Technologies CEO on Q2 Results
- Negative Sentiment: Second-quarter adjusted EPS was a loss of $0.64, missing the consensus loss estimate of $0.56. Revenue totaled $14.66 million, while the company continues to report deeply negative margins and analysts expect a full-year loss. The earnings disappointment triggered a gap lower in the shares. BETA Technologies Shares Gap Down Following Weak Earnings
- Negative Sentiment: Insider Kyle Clark sold a combined 45,000 shares for approximately $1.11 million across August 12 and 13. Although the sales represent less than 1% of his holdings and he still owns more than 5.39 million shares, the transactions may add modest caution.
About BETA Technologies
BETA Technologies is an American aerospace company that develops electric vertical takeoff and landing (eVTOL) aircraft and supporting infrastructure. The company focuses on designing aircraft and propulsion systems intended for short-range cargo, logistics and regional passenger movement, emphasizing electric propulsion, battery systems and integrated charging solutions to support distributed operations.
Its product and service set includes aircraft design and development, electric motor and battery integration, charging hardware and software, and flight testing aimed at meeting certification requirements.
Featured Stories
- Five stocks we like better than BETA Technologies
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Receive News & Ratings for BETA Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BETA Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
