Vertical AerospaceEVTL
EVTL
About: Vertical Aerospace Ltd is engaged in making air travel personal, on-demand, and carbon-free. The company is a global aerospace and technology company that is pioneering electric aviation, focused on designing, manufacturing, and selling a zero operating emission eVTOL aircraft for use in the AAM market, using the technology from the aerospace, automotive, and energy industries. The VX4, Vertical's flagship aircraft, is a piloted electric vertical take-off and landing (eVTOL) vehicle capable of carrying four passengers. The Group operates as a single operating segment and one reporting segment, being the development and commercialization of eVTOL technology.
Employees: 306
0
Funds holding %
of 6,812 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0.11% less ownership
Funds ownership: 0.24% [Q2] → 0.13% (-0.11%) [Q3]
55% less capital invested
Capital invested by funds: $388K [Q2] → $174K (-$214K) [Q3]
69% less funds holding
Funds holding: 16 [Q2] → 5 (-11) [Q3]
92% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 12
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $121K
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$2
83%
downside
Avg. target
$10.33
12%
downside
High target
$16
36%
upside
3 analyst ratings
2 positive
67%
0 neutral
0%
1 negative
33%
Canaccord Genuity Austin Moeller 48% 1-year accuracy 19 / 40 met price target | 36%upside $16 | Buy Maintained | 23 Dec 2024 |
Deutsche Bank Edison Yu 33% 1-year accuracy 3 / 9 met price target | 11%upside $13 | Buy Maintained | 3 Dec 2024 |
Barclays David Zazula 0% 1-year accuracy 0 / 1 met price target | 83%downside $2 | Underweight Maintained | 21 Nov 2024 |
Financial journalist opinion
Based on 4 articles about EVTL published over the past 30 days
Neutral
Business Wire
3 days ago
Vertical Aerospace Finalises Investment Agreement
LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering electric aviation, has entered into definitive documents and received shareholder approval for a transaction that includes up to $50 million in new committed funding. Today's announcement marks the significant advancement of the agreement in principle, announced in November, aimed at strengthening Vertical's balance sheet by.
Positive
Benzinga
3 days ago
Amid Funding Milestones, Analyst Bets On Vertical Aerospace's Strong Engineering And Design Team
Canaccord Genuity analyst Austin Moeller maintained a Buy rating at Vertical Aerospace Ltd. EVTL with a price target of $16.
Neutral
Business Wire
6 days ago
Vertical Aerospace Releases Third Quarter 2024 Financial Results
LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, today announces its financial results for the third quarter ended September 30, 2024. The third quarter 2024 financial results filing can be found on the Company's investor relations website. Stuart Simpson, CEO at Vertical, said “This has been a momentous quarter for the business. We have shared our s.
Neutral
Business Wire
1 week ago
Vertical Calls Extraordinary General Meeting
LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, announces it will hold an extraordinary general meeting of the shareholders of the Company (the “EGM”), to be held at 10:30 a.m. GMT on December 23, 2024 at the offices of the Company: 4th Floor, United House, 9 Pembridge Road, London W11 3JY, United Kingdom. This follows the signing of a term sheet by.
Neutral
Business Wire
1 month ago
Vertical Aerospace Announces $50 Million in New Funding as Part of $180 Million Transaction That Will Strengthen Its Financial Position and Advance Its Flightpath 2030 Strategy
LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company pioneering electric aviation, today announced the signing of a term sheet among the Company, its majority shareholder Stephen Fitzpatrick, and its primary creditor Mudrick Capital Management. This term sheet secures a commitment to $50 million in new funding, strengthening Vertical's financial position. The funding will support the company's newly launched Flightpath 2030 St.
Neutral
Business Wire
1 month ago
NYSE to Commence Delisting Proceedings with Respect to the Warrants of Vertical Aerospace Ltd. (EVTLW)
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants — ticker symbol EVTLW — to purchase 1/10th of an ordinary share of Vertical Aerospace Ltd. (the “Company”) from the NYSE. Trading in the warrants will be suspended immediately. Trading in the Company's ordinary shares — ticker symbol EVTL — will continue on the NYSE. NYSE Regulation has determined that the.
Neutral
Business Wire
1 month ago
VX4 Achieves Major Milestone With Launch of Phase 2 of Piloted Flight Testing
LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace (Vertical) [NYSE: EVTL], a global aerospace and technology company pioneering zero-emissions aviation, has seen its latest full scale VX4 prototype achieve piloted, untethered vertical take-off and landing for the first time as Phase 2 of its flight test programme begins. The VX4 prototype, powered by industry-leading battery packs delivering up to 1.4 MW of peak power, surpassed expectations in hover performance, control, and stability. Te.
Neutral
Business Wire
1 month ago
Vertical Aerospace Launches "Flightpath 2030", a Strategy to Pioneer Electric Aviation
LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace Ltd. (“Vertical” or the "Company") (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, today announces "Flightpath 2030," its strategy for market leadership before the end of the decade. As Vertical advances its piloted flight test programme, which has entered into Phase 2, "Flightpath 2030" sets a clear route for the company's journey from prototype to production. This strategic plan bu.
Neutral
Business Wire
1 month ago
Vertical Aerospace to Share Business Update
LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace Ltd. (“Vertical” or the "Company") (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, announces that it expects to share a business update pre-market on Tuesday, 12 November. Vertical will host a webcast at 08:30 am ET (13:30 GMT) the same day to discuss the update. The call will be hosted by Stuart Simpson, Vertical's CEO and he will be joined by other members of the leadership team. T.
Neutral
Business Wire
3 months ago
Vertical Aerospace Announces First Half-Year 2024 Financial Results
LONDON & NEW YORK--(BUSINESS WIRE)--Vertical Aerospace Ltd. (“Vertical” or the "Company") (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, announces its financial results for the first half of the year ended June 30, 2024. Vertical has also issued a shareholder letter in conjunction with the filing of its first half-year results, which is posted to its investor relations website at investor.vertical-aerospace.com. Stuart Simpson, CEO at V.
Charts implemented using Lightweight Charts™