BETA Technologies (NYSE:BETA – Get Free Report)‘s stock had its “buy” rating reissued by equities research analysts at Needham & Company LLC in a report released on Wednesday,Benzinga reports. They currently have a $34.00 target price on the stock. Needham & Company LLC’s price objective would indicate a potential upside of 42.44% from the company’s current price.
Several other research firms also recently commented on BETA. Weiss Ratings raised shares of BETA Technologies from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, August 4th. Cantor Fitzgerald reduced their target price on shares of BETA Technologies from $38.00 to $31.00 and set an “overweight” rating for the company in a research note on Wednesday, May 13th. Citigroup lowered their price target on shares of BETA Technologies from $33.00 to $25.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. BTIG Research dropped their price target on shares of BETA Technologies from $40.00 to $33.00 and set a “buy” rating on the stock in a research note on Wednesday, May 20th. Finally, The Goldman Sachs Group cut their price objective on shares of BETA Technologies from $38.00 to $34.00 and set a “buy” rating for the company in a report on Monday, April 20th. Nine analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $31.11.
Read Our Latest Report on BETA Technologies
BETA Technologies Stock Performance
BETA Technologies (NYSE:BETA – Get Free Report) last posted its quarterly 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). The firm had revenue of $14.66 million during the quarter. On average, equities research analysts expect that BETA Technologies will post -2.17 EPS for the current year.
Insiders Place Their Bets
In other news, insider Kyle Clark sold 17,005 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $24.46, for a total transaction of $415,942.30. Following the completion of the transaction, the insider directly owned 5,441,941 shares in the company, valued at $133,109,876.86. The trade was a 0.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Michael Robert Stone purchased 17,135 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The stock was purchased at an average cost of $14.59 per share, for a total transaction of $249,999.65. Following the acquisition, the director owned 1,767,049 shares of the company’s stock, valued at approximately $25,781,244.91. This trade represents a 0.98% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold a total of 152,896 shares of company stock valued at $2,852,990 over the last 90 days. Company insiders own 24.47% of the company’s stock.
Institutional Trading of BETA Technologies
Several institutional investors and hedge funds have recently modified their holdings of BETA. Parallel Advisors LLC grew its holdings in shares of BETA Technologies by 26.0% during the first quarter. Parallel Advisors LLC now owns 3,323 shares of the company’s stock worth $49,000 after purchasing an additional 685 shares in the last quarter. Sandia Investment Management LP purchased a new stake in BETA Technologies in the fourth quarter valued at approximately $26,000. Rockefeller Capital Management L.P. bought a new stake in BETA Technologies during the fourth quarter valued at approximately $35,000. Manchester Capital Management LLC bought a new stake in BETA Technologies during the fourth quarter valued at approximately $38,000. Finally, California State Teachers Retirement System purchased a new position in BETA Technologies in the 1st quarter worth approximately $27,000.
Key Stories Impacting BETA Technologies
Here are the key news stories impacting BETA Technologies this week:
- Positive Sentiment: BETA issued fiscal 2026 revenue guidance of $42 million to $50 million, above the $41 million analyst consensus. The outlook suggests management expects continued commercial and operational progress. BETA Technologies Announces Second Quarter 2026 Results
- Positive Sentiment: In its second-quarter update, BETA highlighted investments translating into real-world operations and said it became the first company to launch operations under a key milestone referenced in its release. That progress may support the company’s long-term eVTOL commercialization strategy. BETA Technologies Announces Second Quarter 2026 Results
- Neutral Sentiment: Quarterly revenue was $14.66 million. BETA also maintains substantial balance-sheet liquidity, with a reported current ratio above 21 and debt-to-equity ratio of 0.10, giving it financial flexibility while it develops and commercializes its aircraft.
- Negative Sentiment: BETA reported a second-quarter loss of $0.64 per share, wider than the analyst consensus loss of $0.56. The earnings miss prompted reports that the stock was falling and renewed concerns about the company’s near-term profitability. BETA Technologies shares fall after wider-than-expected second-quarter loss
- Negative Sentiment: Founder and CEO Kyle Clark disclosed several stock sales totaling roughly $1.15 million from August 7–11. Although the transactions reduced his ownership by less than 1% in total and he retained more than 5.4 million shares, repeated insider selling can weigh on investor sentiment. Insider Selling at BETA Technologies
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.
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