Streetbeat News

EVTL

Vertical Aerospace Ltd.

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

9.89

Mkt cap

646M

Volume

201K

High

10.19

P/E Ratio

-2.33

52-wk high

15.99

Low

9.18

Div yield

N/A

52-wk low

3.55

Vertical Aerospace has appointed Dómhnal Slattery as Chairman of its Board of Directors. Slattery, with over 30 years of aviation industry experience, previously served as Chairman from January 2022 to August 2023.

Portfolio Pulse from

January 15, 2025 | 10:15 am

Vertical Aerospace Ltd. (NYSE: EVTL) has successfully completed its first piloted thrustborne flight manoeuvres, marking a significant milestone in its testing program. This achievement follows approval from the UK Civil Aviation Authority to expand its Permit to Fly.

Portfolio Pulse from

January 08, 2025 | 9:15 am

Vertical Aerospace Ltd. has finalized an investment agreement, securing up to $50 million in new funding to strengthen its balance sheet. This marks a significant advancement from the agreement in principle announced in November.

Portfolio Pulse from

December 23, 2024 | 9:45 pm

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

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