BETA Technologies (NYSE:BETA – Get Free Report)‘s stock had its “overweight” rating reaffirmed by equities research analysts at Cantor Fitzgerald in a report released on Thursday,Benzinga reports. They currently have a $31.00 price target on the stock. Cantor Fitzgerald’s price objective suggests a potential upside of 30.64% from the stock’s current price.
A number of other analysts also recently issued reports on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $34.00 price objective on shares of BETA Technologies in a report on Wednesday. BTIG Research reissued a “buy” rating and issued a $33.00 target price on shares of BETA Technologies in a research note on Thursday. The Goldman Sachs Group lowered their price target on BETA Technologies from $38.00 to $34.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. Weiss Ratings raised BETA Technologies from a “sell (d-)” rating to a “sell (d)” rating in a research note on Tuesday, August 4th. Finally, Citigroup reiterated a “buy” rating on shares of BETA Technologies in a report on Thursday. Nine equities 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’s stock. According to data from MarketBeat, BETA Technologies presently has an average rating of “Moderate Buy” and an average target price of $31.11.
Read Our Latest Research Report on BETA Technologies
BETA Technologies Price Performance
BETA Technologies (NYSE:BETA – Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported ($0.64) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.56) by ($0.08). The business had revenue of $14.66 million for the quarter. Equities research analysts expect that BETA Technologies will post -2.17 EPS for the current fiscal year.
Insider Activity
In related news, insider Kyle Clark sold 17,005 shares of the company’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 sale, the insider owned 5,441,941 shares of the company’s stock, valued at $133,109,876.86. This represents a 0.31% 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 152,896 shares of company stock worth $2,852,990 in the last quarter. Company insiders own 24.47% of the company’s stock.
Institutional Investors Weigh In On BETA Technologies
A number of institutional investors and hedge funds have recently modified their holdings of the business. Sandia Investment Management LP acquired a new stake in BETA Technologies in the fourth quarter valued at approximately $26,000. California State Teachers Retirement System purchased a new position in BETA Technologies in the 1st quarter valued at $27,000. Rockefeller Capital Management L.P. purchased a new stake in shares of BETA Technologies during the fourth quarter worth $35,000. Manchester Capital Management LLC purchased a new stake in shares of BETA Technologies in the fourth quarter valued at approximately $38,000. Finally, Parallel Advisors LLC boosted its position in shares of BETA Technologies by 26.0% during the 1st quarter. Parallel Advisors LLC now owns 3,323 shares of the company’s stock valued at $49,000 after acquiring an additional 685 shares during the last quarter.
More BETA Technologies News
Here are the key news stories impacting BETA Technologies this week:
- Positive Sentiment: Revenue outlook exceeded expectations: BETA issued fiscal 2026 revenue guidance of $42 million to $50 million, above the $41 million analyst consensus. The outlook suggests management expects continued progress in aircraft operations and commercialization. BETA Technologies Second Quarter 2026 Results
- Positive Sentiment: Certification and operating milestones support the growth story: CEO Kyle Clark said the company has a clear path toward certification. Management also highlighted progress in real-world operations, hybrid propulsion and strategic partnerships, which could improve confidence in BETA’s eVTOL commercialization plans. BETA Technologies Q2 2026 Milestones
- Positive Sentiment: Analysts remain bullish: Needham reaffirmed its “Buy” rating and set a $34 price target. The broader analyst consensus is “Moderate Buy” with an average target of $31.11, implying meaningful upside from recent trading levels. BETA Technologies Average Price Target
- Neutral Sentiment: Insider selling adds a modest cautionary signal: CEO Kyle Clark sold roughly $1.15 million of stock in three transactions from August 7 through August 11. The sales reduced his holdings by less than 1% overall, and he still owns more than 5.4 million shares, limiting the significance of the transactions. BETA Technologies Insider Selling
- Negative Sentiment: Quarterly loss exceeded expectations: BETA reported a second-quarter loss of $0.64 per share, worse than the $0.56 consensus estimate, while revenue totaled $14.66 million. The deeper-than-expected loss initially caused shares to decline and keeps profitability concerns in focus. BETA Technologies Wider Second-Quarter Loss
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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