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Vertical Aerospace Ltd. (NYSE:EVTL – Free Report) – Cantor Fitzgerald cut their FY2026 earnings per share (EPS) estimates for shares of Vertical Aerospace in a report issued on Monday, September 22nd. Cantor Fitzgerald analyst A. Sheppard now expects that the company will post earnings per share of ($1.86) for the year, down from their previous estimate of ($1.70). Cantor Fitzgerald has a “Overweight” rating and a $8.00 price objective on the stock. The consensus estimate for Vertical Aerospace’s current full-year earnings is ($3.95) per share.
EVTL has been the subject of a number of other reports. Needham & Company LLC reiterated a “buy” rating and set a $9.00 target price on shares of Vertical Aerospace in a research note on Thursday, September 18th. D. Boral Capital reiterated a “buy” rating and issued a $15.00 price target on shares of Vertical Aerospace in a research note on Thursday, September 18th. Canaccord Genuity Group reiterated a “buy” rating and issued a $11.00 price target on shares of Vertical Aerospace in a research note on Monday. Wall Street Zen lowered Vertical Aerospace from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th. Finally, HC Wainwright reiterated a “buy” rating and issued a $15.00 price target on shares of Vertical Aerospace in a research note on Thursday, September 18th. Six research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $10.43.
Get Our Latest Stock Report on EVTL
Vertical Aerospace Trading Down 3.7%
Shares of EVTL opened at $5.64 on Wednesday. The firm has a market cap of $555.22 million, a PE ratio of -0.11 and a beta of 1.24. The firm has a fifty day simple moving average of $5.47 and a two-hundred day simple moving average of $4.97. Vertical Aerospace has a 1-year low of $2.76 and a 1-year high of $15.99.
Vertical Aerospace (NYSE:EVTL – Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported ($2.35) EPS for the quarter, missing the consensus estimate of ($0.43) by ($1.92).
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in EVTL. Marshall Wace LLP lifted its holdings in shares of Vertical Aerospace by 398.9% in the 2nd quarter. Marshall Wace LLP now owns 788,895 shares of the company’s stock valued at $5,341,000 after acquiring an additional 630,778 shares during the last quarter. Inherent Management Corp. bought a new position in shares of Vertical Aerospace in the 1st quarter valued at about $1,109,000. Jane Street Group LLC bought a new position in shares of Vertical Aerospace in the 2nd quarter valued at about $833,000. Squarepoint Ops LLC lifted its holdings in shares of Vertical Aerospace by 429.6% in the 2nd quarter. Squarepoint Ops LLC now owns 140,018 shares of the company’s stock valued at $948,000 after acquiring an additional 113,580 shares during the last quarter. Finally, Rathbones Group PLC bought a new position in shares of Vertical Aerospace in the 2nd quarter valued at about $356,000. Hedge funds and other institutional investors own 81.17% of the company’s stock.
About Vertical Aerospace
Vertical Aerospace Ltd., an aerospace and technology company, engages in designing, manufacturing, and selling zero operating emission electric vertical takeoff and landing (eVTOL) aircraft for use in the advanced air mobility in the United Kingdom. It offers VX4, an eVTOL aircraft. Vertical Aerospace Ltd.
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