HC Wainwright Issues Pessimistic Outlook for EVTL Earnings

Key Points

• HC Wainwright cut its Q2 2026 EPS estimate for Vertical Aerospace to ($0.49) from ($0.43), signaling a more pessimistic outlook on near-term earnings. The firm also projected continued losses through several future years.
• Vertical Aerospace reported Q1 results of ($0.40) EPS, which was better than analysts’ consensus estimate of ($0.52). Despite the beat, the company remains unprofitable and has a negative P/E ratio.
• Analyst sentiment on EVTL is mixed overall: recent moves included downgrades from Cantor Fitzgerald and Raymond James, while other firms maintained bullish views. MarketBeat says the stock currently has an average rating of “Hold” with an average target price of $11.30.

Vertical Aerospace Ltd. (NYSE:EVTL - Free Report) - Analysts at HC Wainwright dropped their Q2 2026 EPS estimates for shares of Vertical Aerospace in a report released on Thursday, May 7th. HC Wainwright analyst A. Dayal now expects that the company will post earnings per share of ($0.49) for the quarter, down from their prior estimate of ($0.43). The consensus estimate for Vertical Aerospace's current full-year earnings is ($1.32) per share. HC Wainwright also issued estimates for Vertical Aerospace's Q3 2026 earnings at ($0.43) EPS, Q4 2026 earnings at ($0.46) EPS, FY2027 earnings at ($1.20) EPS, FY2028 earnings at ($0.90) EPS, FY2029 earnings at ($0.84) EPS and FY2030 earnings at ($0.38) EPS.

Other research analysts also recently issued reports about the stock. Cantor Fitzgerald downgraded shares of Vertical Aerospace from an "overweight" rating to a "neutral" rating in a research report on Thursday. Canaccord Genuity Group increased their target price on shares of Vertical Aerospace from $9.50 to $10.50 and gave the company a "buy" rating in a research report on Monday, April 20th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Vertical Aerospace in a research report on Wednesday, January 21st. D. Boral Capital reissued a "buy" rating and set a $12.00 price objective on shares of Vertical Aerospace in a research report on Thursday, April 16th. Finally, Raymond James Financial downgraded shares of Vertical Aerospace from a "market perform" rating to an "underperform" rating in a research report on Monday, February 23rd. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $11.30.

Vertical Aerospace Price Performance

NYSE EVTL opened at $2.82 on Monday. The firm's fifty day moving average price is $3.04 and its 200 day moving average price is $4.35. The company has a market capitalization of $359.20 million, a price-to-earnings ratio of -0.82 and a beta of 1.43. Vertical Aerospace has a 12 month low of $1.90 and a 12 month high of $7.60.

Vertical Aerospace (NYSE:EVTL - Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported ($0.40) earnings per share for the quarter, beating analysts' consensus estimates of ($0.52) by $0.12.

Institutional Trading of Vertical Aerospace

Several hedge funds and other institutional investors have recently made changes to their positions in EVTL. EFG International AG purchased a new stake in shares of Vertical Aerospace in the fourth quarter valued at about $27,000. Bessemer Group Inc. acquired a new stake in shares of Vertical Aerospace in the first quarter valued at about $31,000. Barclays PLC lifted its stake in shares of Vertical Aerospace by 156.0% in the fourth quarter. Barclays PLC now owns 6,843 shares of the company's stock valued at $36,000 after purchasing an additional 4,170 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of Vertical Aerospace by 144.3% in the third quarter. Jones Financial Companies Lllp now owns 8,211 shares of the company's stock valued at $45,000 after purchasing an additional 4,850 shares during the period. Finally, Quarry LP acquired a new stake in shares of Vertical Aerospace in the third quarter valued at about $49,000. Hedge funds and other institutional investors own 81.17% of the company's stock.

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.

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