BETA Technologies (NYSE:BETA) Earns Overweight Rating from Cantor Fitzgerald

BETA Technologies (NYSE:BETA)‘s stock had its “overweight” rating reaffirmed by equities research analysts at Cantor Fitzgerald in a research report issued on Wednesday, Benzinga reports. They presently have a $31.00 price objective on the stock. Cantor Fitzgerald‘s price objective indicates a potential upside of 31.48% from the company’s previous close.

Other equities analysts have also issued research reports about the stock. Citigroup restated a “buy” rating on shares of BETA Technologies in a research report on Thursday, August 13th. Needham & Company LLC reaffirmed a “buy” rating and set a $28.00 target price (down from $34.00) on shares of BETA Technologies in a research note on Wednesday. BTIG Research reiterated a “buy” rating and issued a $33.00 price target on shares of BETA Technologies in a report on Thursday, August 13th. Weiss Ratings upgraded shares of BETA Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday, September 14th. Finally, Barclays assumed coverage on shares of BETA Technologies in a report on Friday, October 9th. They set an “overweight” rating and a $35.00 price objective for the company. Ten research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $30.90.

BETA Technologies Stock Up 15.7%

NYSE BETA opened at $23.58 on Wednesday. The stock’s 50 day moving average is $20.76 and its 200 day moving average is $19.08. The company has a current ratio of 14.47, a quick ratio of 14.47 and a debt-to-equity ratio of 0.11. BETA Technologies has a 12 month low of $13.43 and a 12 month high of $39.50. The stock has a market cap of $5.32 billion and a PE ratio of -1.81.

BETA Technologies (NYSE:BETA) last announced its quarterly earnings data on Tuesday, November 3rd. The company reported ($0.51) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.54) by $0.03. The business had revenue of $17.67 million during the quarter. BETA Technologies had a negative net margin of 1,913.91% and a negative return on equity of 96.24%. The company’s quarterly revenue was up 98.6% compared to the same quarter last year. During the same period last year, the business earned ($9.83) earnings per share. Research analysts predict that BETA Technologies will post -2.25 EPS for the current fiscal year.

Insider Transactions at BETA Technologies

In other BETA Technologies news, insider Kyle Clark sold 10,000 shares of the stock in a transaction on Friday, October 30th. The shares were sold at an average price of $19.92, for a total transaction of $199,200.00. Following the completion of the transaction, the insider owned 4,965,936 shares in the company, valued at $98,921,445.12. This trade represents a 0.20% 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 have sold a total of 353,901 shares of company stock worth $8,097,418 over the last quarter. 24.47% of the stock is owned by corporate insiders.

Institutional Trading of BETA Technologies

Large investors have recently made changes to their positions in the business. Rockefeller Capital Management L.P. purchased a new stake in shares of BETA Technologies during the 4th quarter valued at about $35,000. Allworth Financial LP grew its position in BETA Technologies by 257.2% in the second quarter. Allworth Financial LP now owns 1,786 shares of the company’s stock worth $30,000 after acquiring an additional 1,286 shares in the last quarter. IFP Advisors Inc grew its position in BETA Technologies by 555.6% in the second quarter. IFP Advisors Inc now owns 1,803 shares of the company’s stock worth $30,000 after acquiring an additional 1,528 shares in the last quarter. California State Teachers Retirement System bought a new stake in BETA Technologies during the first quarter worth approximately $27,000. Finally, Sterling Capital Management LLC increased its stake in BETA Technologies by 433.0% during the third quarter. Sterling Capital Management LLC now owns 2,761 shares of the company’s stock worth $61,000 after acquiring an additional 2,243 shares during the last quarter.

Key BETA Technologies News

Here are the key news stories impacting BETA Technologies this week:

• Positive Sentiment: Third-quarter revenue rose 98.6% year over year to $17.67 million, while the loss of $0.51 per share was narrower than analysts’ expected $0.54 loss. BETA called it its strongest revenue quarter since inception. BETA Technologies Q3 results
• Positive Sentiment: The company raised its 2026 revenue outlook and reported an aircraft backlog valued at about $4 billion, supporting expectations for future sales. BETA outlook and backlog
• Positive Sentiment: BETA is advancing certification testing and preparing to ramp production. Progress toward FAA authorization may help bring its aircraft closer to commercial use. Certification and production update
• Neutral Sentiment: The company is concentrating electric-aircraft sales efforts on cargo and medical applications rather than prioritizing air-taxi operations. That focus could help target nearer-term use cases, but commercial adoption remains a key execution factor. BETA sales focus
• Negative Sentiment: Despite the earnings beat and improved results, BETA still recorded a quarterly loss, and its business has yet to demonstrate sustained profitability. BETA Technologies Q3 results

BETA Technologies Company Profile

BETA Technologies is an aerospace company developing electric aircraft and the infrastructure needed to support electric aviation. Founded in 2017 and headquartered in South Burlington, Vermont, the company focuses on zero-emission aircraft for cargo, logistics, passenger, medical and defense applications.

BETA’s aircraft portfolio includes the ALIA electric vertical takeoff and landing (eVTOL) aircraft and the ALIA CTOL fixed-wing aircraft, which is designed for conventional runway operations.