Streetbeat News

EVTL

Vertical Aerospace Ltd.

https://www.vertical-aerospace.com

Industry

Aerospace & Defense

Vertical Aerospace Ltd. engages in designing, manufacturing, and selling electric aircraft. It offers VX4, an electric vertical take-off and landing vehicle. The company was founded in 2016 and is headquartered in Bristol, the United Kingdom.

Open

8.32

Mkt cap

155M

Volume

139K

High

9.04

P/E Ratio

-1.93

52-wk high

12.79

Low

7.57

Div yield

N/A

52-wk low

3.55

Vertical Aerospace Ltd. (NYSE: EVTL; EVTLW) has released its financial results for the third quarter of 2024, highlighting a significant period for the company. The results are available on the company's investor relations website.

Portfolio Pulse from

December 20, 2024 | 3:00 pm

Vertical Aerospace has secured a $50 million funding commitment as part of a $180 million transaction to strengthen its financial position and support its Flightpath 2030 strategy.

Portfolio Pulse from

November 25, 2024 | 10:45 am

Vertical Aerospace Ltd. (NYSE: EVTL; EVTLW) will provide a business update on November 12, 2023, with a webcast hosted by CEO Stuart Simpson.

Portfolio Pulse from

November 06, 2024 | 1:45 pm

Industrial sector stocks are rising after the Federal Reserve's decision to cut interest rates by 50 basis points, which is expected to boost investment and economic growth.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 5:39 pm

Vertical Aerospace has announced a 1:10 reverse share split for its issued and unissued ordinary and preferred shares. This move is likely aimed at increasing the share price and maintaining compliance with stock exchange listing requirements.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 9:01 pm

Canaccord Genuity has reiterated its Buy rating for Vertical Aerospace (NYSE:EVTL) with a maintained price target of $1.5.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:33 pm

Canaccord Genuity maintains a Buy rating on Vertical Aerospace (NYSE:EVTL) but lowers the price target from $1.75 to $1.5.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:48 am

Shares of companies within the broader industrial sector are trading lower amid overall market weakness on US economic concerns. An economic slowdown could impact demand.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:40 pm

Vertical Aerospace announced that its latest VX4 prototype has successfully completed its first tethered piloted flight.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 9:06 am

Vertical Aerospace Ltd (NYSE: EVTL) shares rose after Deutsche Bank upgraded the stock from Hold to Buy and increased the price target from $1.00 to $1.50. The company is targeting a piloted full transition flight by year-end, which could mark an operational inflection point. Despite needing additional capital, the company has a cash runway through 3Q25.

Portfolio Pulse from Priya Nigam

July 23, 2024 | 3:59 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.