HC Wainwright Issues Negative Estimate for EVTL Earnings

Vertical Aerospace Ltd. (NYSE:EVTL) – Equities researchers at HC Wainwright decreased their Q1 2025 earnings estimates for shares of Vertical Aerospace in a research report issued to clients and investors on Wednesday, March 12th. HC Wainwright analyst A. Dayal now anticipates that the company will earn ($0.40) per share for the quarter, down from their previous forecast of ($0.17). HC Wainwright has a “Buy” rating and a $12.00 price target on the stock. The consensus estimate for Vertical Aerospace’s current full-year earnings is ($3.95) per share. HC Wainwright also issued estimates for Vertical Aerospace’s Q2 2025 earnings at ($0.40) EPS, Q3 2025 earnings at ($0.43) EPS, Q4 2025 earnings at ($0.43) EPS, FY2025 earnings at ($1.67) EPS, FY2026 earnings at ($1.52) EPS, FY2027 earnings at ($1.47) EPS, FY2028 earnings at ($0.99) EPS and FY2029 earnings at ($0.86) EPS.

Vertical Aerospace (NYSE:EVTL) last released its earnings results on Thursday, March 13th. The company reported ($46.25) EPS for the quarter, missing the consensus estimate of ($0.74) by ($45.51).

A number of other brokerages have also recently issued reports on EVTL. Raymond James restated a “market perform” rating on shares of Vertical Aerospace in a research note on Tuesday, November 26th. Canaccord Genuity Group dropped their price objective on shares of Vertical Aerospace from $16.00 to $13.50 and set a “buy” rating for the company in a research note on Friday, January 24th. Barclays increased their target price on shares of Vertical Aerospace from $0.75 to $2.00 and gave the stock an “underweight” rating in a research report on Thursday, November 21st. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Vertical Aerospace from $15.00 to $13.00 and set a “buy” rating for the company in a research report on Tuesday, December 3rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $10.13.

Vertical Aerospace Trading Up 3.6 %

NYSE:EVTL opened at $4.21 on Monday. Vertical Aerospace has a one year low of $3.16 and a one year high of $15.99. The company has a fifty day moving average price of $5.62 and a 200 day moving average price of $14.60.

Institutional Investors Weigh In On Vertical Aerospace

A number of hedge funds have recently added to or reduced their stakes in the stock. Mudrick Capital Management L.P. grew its holdings in Vertical Aerospace by 11,735.9% during the 4th quarter. Mudrick Capital Management L.P. now owns 47,343,585 shares of the company’s stock worth $595,582,000 after acquiring an additional 46,943,585 shares during the last quarter. Marshall Wace LLP bought a new stake in Vertical Aerospace during the 4th quarter worth about $630,000. Jane Street Group LLC bought a new position in shares of Vertical Aerospace in the 4th quarter valued at about $300,000. Bank of America Corp DE bought a new position in shares of Vertical Aerospace in the 4th quarter valued at about $264,000. Finally, Renaissance Technologies LLC bought a new position in shares of Vertical Aerospace in the 4th quarter valued at about $237,000. 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.