Canaccord Genuity Group Has Lowered Expectations for Vertical Aerospace (NYSE:EVTL) Stock Price

Vertical Aerospace (NYSE:EVTL) had its target price decreased by equities research analysts at Canaccord Genuity Group from $10.50 to $9.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock.

Several other brokerages have also recently issued reports on EVTL. Cantor Fitzgerald cut shares of Vertical Aerospace from an “overweight” rating to a “neutral” rating in a research note on Thursday, May 7th. Needham & Company LLC decreased their target price on shares of Vertical Aerospace to $5.00 and set a “buy” rating on the stock in a research report on Thursday, August 13th. Barclays raised shares of Vertical Aerospace to a “strong sell” rating in a research report on Wednesday, July 29th. Weiss Ratings downgraded shares of Vertical Aerospace from a “sell (d)” rating to a “sell (e+)” rating in a report on Friday, May 22nd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Vertical Aerospace in a research report on Monday, July 27th. Six research analysts have rated the stock with a Buy rating, one has issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $9.80.

Vertical Aerospace Stock Up 0.8%

NYSE:EVTL traded up $0.01 during midday trading on Wednesday, hitting $0.78. The stock had a trading volume of 4,839,235 shares, compared to its average volume of 3,322,995. The company has a market capitalization of $99.57 million, a price-to-earnings ratio of -0.51 and a beta of 1.54. Vertical Aerospace has a one year low of $0.75 and a one year high of $7.33. The stock has a 50-day moving average of $1.58 and a 200 day moving average of $2.64.

Vertical Aerospace (NYSE:EVTL) last released its quarterly earnings data on Friday, August 14th. The company reported ($0.42) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.40) by ($0.02). On average, sell-side analysts anticipate that Vertical Aerospace will post -1.14 earnings per share for the current fiscal year.

Institutional Trading of Vertical Aerospace

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Saba Capital Management L.P. grew its holdings in shares of Vertical Aerospace by 194.8% during the first quarter. Saba Capital Management L.P. now owns 11,640,503 shares of the company’s stock worth $25,726,000 after purchasing an additional 7,691,459 shares during the last quarter. Masters Capital Management LLC boosted its position in shares of Vertical Aerospace by 13.3% in the 1st quarter. Masters Capital Management LLC now owns 3,400,000 shares of the company’s stock valued at $7,514,000 after purchasing an additional 400,000 shares during the period. 1492 Capital Management LLC purchased a new position in Vertical Aerospace during the 4th quarter worth approximately $1,336,000. J. Derek Lewis & Associates Inc. increased its position in Vertical Aerospace by 41.3% during the first quarter. J. Derek Lewis & Associates Inc. now owns 32,500 shares of the company’s stock worth $72,000 after buying an additional 9,500 shares during the period. Finally, Bank of America Corp DE increased its position in Vertical Aerospace by 898.1% during the first quarter. Bank of America Corp DE now owns 75,859 shares of the company’s stock worth $168,000 after buying an additional 68,259 shares during the period. Institutional investors and hedge funds own 81.17% of the company’s stock.

Vertical Aerospace News Roundup

Here are the key news stories impacting Vertical Aerospace this week:

• Positive Sentiment: HC Wainwright raised its 2026 EPS forecast to a loss of $1.42 from a $1.79 loss, while its estimates for the third and fourth quarters were improved to losses of $0.31 and $0.26 per share, respectively. Vertical Aerospace stock information
• Positive Sentiment: The firm also raised its long-term EPS forecasts, reducing projected losses to $0.69 in 2027, $0.54 in 2028, $0.50 in 2029 and $0.19 in 2030. These changes indicate improved expectations for Vertical Aerospace’s eventual profitability and could support investor sentiment. Vertical Aerospace analyst estimates
• Neutral Sentiment: Vertical Aerospace announced that its 2026 Annual General Meeting will take place on September 11 in Bristol. Shareholders will consider proposals outlined in the company’s circular, including matters related to incentives and governance. The meeting could provide additional insight into management compensation and corporate oversight, but no immediate financial impact was disclosed. Vertical Aerospace Announces Date for AGM
• Negative Sentiment: Despite the improved forecasts, HC Wainwright still expects substantial losses, and the company’s current full-year consensus estimate remains a loss of approximately $1.40 per share. Vertical Aerospace also recently reported a quarterly loss that was slightly worse than analysts’ expectations, underscoring continued execution and funding risks. Vertical Aerospace financial data

About Vertical Aerospace

Vertical Aerospace is a United Kingdom–based aerospace manufacturer specializing in the development of electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. Founded in 2016 by entrepreneur Stephen Fitzpatrick, the company is publicly listed on the New York Stock Exchange under the ticker EVTL. Vertical Aerospace’s mission is to deliver zero-emission, high-speed electric aircraft designed to transform short-haul journeys in densely populated areas.

The company’s flagship model, the VA-X4, is a piloted, five-seat eVTOL craft engineered for quiet operation, low running costs and minimal environmental impact.