Cantor Fitzgerald Initiates Coverage on BETA Technologies (NYSE:BETA)

Analysts at Cantor Fitzgerald began coverage on shares of BETA Technologies (NYSE:BETA) in a research note issued to investors on Monday, Marketbeat.com reports. The brokerage set an “overweight” rating and a $42.00 price target on the stock. Cantor Fitzgerald’s price objective points to a potential upside of 45.73% from the company’s current price. Cantor Fitzgerald also issued estimates for BETA Technologies’ FY2025 earnings at ($1.34) EPS and FY2026 earnings at ($1.60) EPS.

A number of other research firms also recently issued reports on BETA. Bank of America started coverage on BETA Technologies in a research note on Monday. They issued a “buy” rating and a $35.00 price objective on the stock. Citigroup started coverage on shares of BETA Technologies in a research note on Monday. They set a “buy” rating and a $41.00 price target on the stock. Jefferies Financial Group initiated coverage on shares of BETA Technologies in a research report on Sunday. They set a “hold” rating and a $30.00 price objective for the company. Morgan Stanley started coverage on shares of BETA Technologies in a report on Monday. They issued an “overweight” rating and a $34.00 target price on the stock. Finally, BTIG Research assumed coverage on shares of BETA Technologies in a report on Monday. They issued a “buy” rating and a $40.00 price target for the company. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $37.88.

BETA Technologies Stock Up 1.6%

Shares of BETA stock traded up $0.45 during trading hours on Monday, hitting $28.82. The stock had a trading volume of 362,974 shares, compared to its average volume of 1,360,621. BETA Technologies has a one year low of $22.40 and a one year high of $39.50.

BETA Technologies Company Profile

BETA Technologies Inc is an electric aerospace company. It involved in designing, manufacturing and selling high-performance electric aircraft, advanced electric propulsion systems, components and charging systems. BETA Technologies Inc is based in SOUTH BURLINGTON.