BETA · NYSE · Aerospace & Defense

BETA Technologies (BETA)

Builds electric aircraft, propulsion systems, and the charging infrastructure that supports them.

$23.15
After hours−0.14 (−0.60%)
At close$23.29(+5.53%)
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BETA Technologies, Inc.BETA
Industrials

Designs electric conventional- and vertical-takeoff aircraft for cargo, medical, passenger, and defense missions, while selling propulsion, flight-control, and charging systems to outside customers. A vertically integrated platform links aircraft sales to components, infrastructure, replacement batteries, and aftermarket services, but civil commercialization still depends on FAA certification.

Designs and manufactures the ALIA CX300 conventional-takeoff electric aircraft and ALIA A250 vertical-takeoff model for cargo, medical, passenger, and defense missions. The MV250 extends the platform into hybrid-electric, autonomous military logistics. In-house batteries, H500-series motors, flight controls, and charging equipment support the aircraft and are also sold to other aerospace and defense manufacturers.

Uses a common, vertically integrated architecture across aircraft, propulsion, and ground systems, pairing Vermont engineering and final assembly with operational flying across North America and overseas. The charging footprint reached 138 sites by June 2026, while product and engineering-service work generate revenue ahead of certified civil aircraft deliveries.

Neither civil ALIA variant had FAA type certification as of the latest update; commercialization remains tied to certification and production scaling. Founder-CEO Kyle Clark controls voting power through the dual-class share structure.

Company facts

CEOKyle Clark
ListedNov 4, 2025
ExchangeNYSE
HeadquartersSouth Burlington, VT
CountryUnited States
Employees1,008
CIK0001784570
ISINUS0869211039

Market cap$4.91B
EPS (ttm)−$4.57
P/E (ttm)−4.83
ROE-57.7%
P/B3.04
P/S109.39
Dividend yieldDiv yield
Beta3.00vs XLI 0.43

Price target$33.00+41.2%Average of 8 analysts
ConsensusBuy8 of 8 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
May 20, 2026BTIGReiterate
Rating: Target: $40
Rating: BuyTarget: $33
May 13, 2026Cantor FitzgeraldReiterate
Rating: Target: $38
Rating: OverweightTarget: $31
Apr 20, 2026Goldman SachsReiterate
Rating: Target: $47
Rating: BuyTarget: $34
Mar 10, 2026Cantor FitzgeraldTarget
Target: $42
Target: $38
Mar 9, 2026JefferiesTarget
Target: $30
Target: $29

Next report
Oct 5, 26
in 13 days
EPS estimate
−$0.58
Revenue estimate
$10.8M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Dec '25Mar '26May '26Aug '26Oct '26
Reported−$9.83−$2.02−$0.53−$0.64Pending
Estimate−$0.42−$0.52−$0.58−$0.55−$0.58
Surprise−2,259.2%−288.5%+8.6%−16.4%

RevenueReportedEstimate

Dec '25Mar '26May '26Aug '26Oct '26
Reported$8.9M$11.1M$10.1M$14.7MPending
Estimate$6.8M$7.9M$8.7M$9.5M$10.8M
Surprise+30.4%+41.6%+17.0%+55.1%
Estimate−$0.58
ReportedDue Oct 5, 2026
Estimate$10.8M
ReportedDue Oct 5, 2026
View details

Debt to equity12.80%
Current ratio1,447.10%

ProfitabilityRevenueNet incomeNet margin

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$4.4M$7.8M$7.8M$8.9M$11.1M$10.1M$14.7M
Net income−$76.4M−$79.3M−$79.3M−$437.2M−$150.0M−$122.3M−$148.8M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$76.0M−$78.7M−$78.7M−$80.6M−$134.8M−$133.0M−$158.1M
YoY growthLoss widenedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $1.48B · Total debt $206.7M · Total assets $1.93B · Shareholders' equity $1.62B

Revenue
$14.7M
Operating income
−$158.1M
Net income
−$148.8M
View details

No dividends on record.

Institutions≈ 49.52%114.27M shares
198 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Other≈ 50.48%116.48M shares
remainder

230.76M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
FMR LLCInstitution
14.45%33.34M Aas of Jun 30, 2026
General Electric CoInstitution
8.80%20.31M Aas of Jun 30, 2026
TPG GP A, LLCInstitution
7.11%16.40M Aas of Jun 30, 2026
Amazon Com IncInstitution
5.09%11.75M Aas of Jun 30, 2026
BlackRock, Inc.Institution
1.27%2.93M Aas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

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CompareAfter hours

CompanyPriceChange
BETA Technologies$23.15−0.60%$4.91B109.4
Joby Aviation$6.44−0.16%$6.31B54.2+257,493.3%
Archer Aviation$5.68−0.26%$4.12B597.8
Eve$2.150.00%$728.0M
EHang (ADR)$4.73+0.20%$175.5M3.4−44.1%
Textron$78.14+0.32%$13.66B15.011.70.9+3.0%
Vertical Aerospace$0.7250−1.31%$80.2M
Median15.011.728.8+3.0%