BETA Technologies Inc (NYSE:BETA) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analysts give BETA a consensus "Moderate Buy" rating from 11 firms (9 buys, 1 hold, 1 sell) with an average 1‑year target of $33.56, though banks like Goldman Sachs and Morgan Stanley have trimmed their price targets recently.
• BETA reported a quarterly EPS of ($2.02), missing estimates of ($0.47) by $1.55, but revenue of $11.13M beat expectations and rose 152% year‑over‑year; the stock trades near $14.59 with a 52‑week range of $13.43–$39.50 and a negative P/E.
• Large institutions have taken sizable stakes—most notably General Electric, TPG and Amazon—each initiating Q4 positions worth roughly $645M, $462M and $332M respectively, indicating strong institutional interest.

Shares of BETA Technologies Inc (NYSE:BETA - Get Free Report) have received an average rating of "Moderate Buy" from the eleven research firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $33.5556.

A number of analysts recently weighed in on BETA shares. The Goldman Sachs Group cut their target price on shares of BETA Technologies from $38.00 to $34.00 and set a "buy" rating on the stock in a research note on Monday, April 20th. UBS Group set a $24.00 target price on shares of BETA Technologies and gave the stock a "buy" rating in a research note on Monday, February 9th. Wall Street Zen upgraded shares of BETA Technologies from a "sell" rating to a "hold" rating in a research note on Saturday, January 17th. Needham & Company LLC restated a "buy" rating and set a $34.00 target price on shares of BETA Technologies in a research note on Monday, March 9th. Finally, Morgan Stanley dropped their price target on shares of BETA Technologies from $34.00 to $33.00 and set an "overweight" rating on the stock in a research note on Tuesday, March 10th.

BETA Technologies Stock Performance

BETA stock opened at $14.59 on Thursday. The stock's 50 day moving average price is $16.94. The company has a debt-to-equity ratio of 0.10, a current ratio of 22.77 and a quick ratio of 22.77. BETA Technologies has a fifty-two week low of $13.43 and a fifty-two week high of $39.50. The stock has a market capitalization of $3.23 billion and a price-to-earnings ratio of -1.23.

BETA Technologies (NYSE:BETA - Get Free Report) last released its earnings results on Monday, March 9th. The company reported ($2.02) earnings per share for the quarter, missing analysts' consensus estimates of ($0.47) by ($1.55). The company had revenue of $11.13 million for the quarter, compared to analysts' expectations of $6.69 million. The business's revenue for the quarter was up 152.3% compared to the same quarter last year. Equities analysts forecast that BETA Technologies will post -2.2 EPS for the current fiscal year.

Hedge Funds Weigh In On BETA Technologies

Several hedge funds have recently added to or reduced their stakes in BETA. General Electric Co purchased a new position in BETA Technologies in the fourth quarter valued at approximately $644,962,000. TPG GP A LLC purchased a new position in BETA Technologies in the fourth quarter valued at approximately $462,515,000. Amazon Com Inc. purchased a new position in BETA Technologies in the fourth quarter valued at approximately $331,577,000. Vanguard Group Inc. purchased a new position in BETA Technologies in the fourth quarter valued at approximately $77,089,000. Finally, Norges Bank purchased a new position in BETA Technologies in the fourth quarter valued at approximately $41,485,000.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.