Vertical Aerospace (NYSE:EVTL) Stock Price Up 8.3% - Still a Buy?

Shares of Vertical Aerospace Ltd. (NYSE:EVTL - Get Free Report) were up 8.3% during mid-day trading on Thursday . The stock traded as high as $6.64 and last traded at $6.75. Approximately 682,039 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 1,713,186 shares. The stock had previously closed at $6.23.Get Vertical Aerospace alerts:Wall Street Analysts Forecast GrowthFlying Cars and Rising Bars: The 2026 eVTOL Breakout BeginsA number of equities research analysts recently commented on the stock. Needham & Company LLC restated a "buy" rating and issued a $11.00 price objective (up previously from $9.00) on shares of Vertical Aerospace in a research report on Monday, December 15th. Canaccord Genuity Group reiterated a "buy" rating and set a $11.00 target price on shares of Vertical Aerospace in a report on Monday, September 22nd. Cantor Fitzgerald reissued an "overweight" rating on shares of Vertical Aerospace in a research note on Monday, November 10th. D. Boral Capital reissued a "buy" rating and set a $14.00 price target on shares of Vertical Aerospace in a research report on Wednesday, December 3rd. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Vertical Aerospace in a research report on Wednesday, October 8th. Six research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Vertical Aerospace currently has a consensus rating of "Moderate Buy" and a consensus price target of $11.80.Get Our Latest Report on EVTLVertical Aerospace Price PerformanceMarketBeat Week in Review – 12/22 - 12/26The firm has a market capitalization of $652.13 million, a P/E ratio of -0.13 and a beta of 1.21. The firm's fifty day moving average price is $5.08 and its 200-day moving average price is $5.36. Vertical Aerospace (NYSE:EVTL - Get Free Report) last announced its earnings results on Tuesday, November 4th. The company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.23) by ($0.09). Analysts expect that Vertical Aerospace Ltd. will post -3.95 earnings per share for the current year. Institutional Investors Weigh In On Vertical AerospaceVertical Aerospace Traded a Delay for a Major AdvantageInstitutional investors have recently bought and sold shares of the business. Millennium Management LLC grew its holdings in shares of Vertical Aerospace by 293.4% during the 3rd quarter. Millennium Management LLC now owns 1,787,790 shares of the company's stock valued at $9,279,000 after acquiring an additional 1,333,312 shares in the last quarter. Marshall Wace LLP lifted its stake in shares of Vertical Aerospace by 81.1% in the 3rd quarter. Marshall Wace LLP now owns 1,428,299 shares of the company's stock valued at $7,413,000 after purchasing an additional 639,404 shares during the last quarter. UBS Group AG boosted its holdings in Vertical Aerospace by 459.1% in the third quarter. UBS Group AG now owns 471,424 shares of the company's stock worth $2,447,000 after purchasing an additional 387,104 shares in the last quarter. Two Sigma Investments LP increased its position in Vertical Aerospace by 56.1% during the third quarter. Two Sigma Investments LP now owns 231,967 shares of the company's stock worth $1,204,000 after buying an additional 83,404 shares during the last quarter. Finally, Verition Fund Management LLC raised its holdings in Vertical Aerospace by 1,190.8% during the third quarter. Verition Fund Management LLC now owns 195,151 shares of the company's stock valued at $1,013,000 after buying an additional 180,032 shares in the last quarter. 81.17% of the stock is currently owned by institutional investors and hedge funds. About Vertical Aerospace (Get Free Report)Vertical Aerospace is a United Kingdom–based aerospace manufacturer specializing in the development of electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. Founded in 2016 by entrepreneur Stephen Fitzpatrick, the company is publicly listed on the New York Stock Exchange under the ticker EVTL. Vertical Aerospace's mission is to deliver zero-emission, high-speed electric aircraft designed to transform short-haul journeys in densely populated areas. The company's flagship model, the VA-X4, is a piloted, five-seat eVTOL craft engineered for quiet operation, low running costs and minimal environmental impact.See AlsoFive stocks we like better than Vertical AerospaceA month before the crashHow a Family Trust May Be Able To Help Preserve Your WealthYDES Could Be 2026's Biotech BreakthroughA Message From An Ex-CIA Officer About TrumpALERT: Drop these 5 stocks before January 2026!This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Vertical Aerospace Right Now?Before you consider Vertical Aerospace, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vertical Aerospace wasn't on the list.While Vertical Aerospace currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here