What is HC Wainwright’s Forecast for EVTL FY2027 Earnings?

Vertical Aerospace Ltd. (NYSE:EVTL) – Equities researchers at HC Wainwright lowered their FY2027 earnings estimates for shares of Vertical Aerospace in a research note issued on Monday, June 9th. HC Wainwright analyst A. Dayal now anticipates that the company will earn ($1.26) per share for the year, down from their prior forecast of ($1.25). HC Wainwright has a “Buy” rating and a $15.00 price objective on the stock. The consensus estimate for Vertical Aerospace’s current full-year earnings is ($3.95) per share.

Separately, D. Boral Capital started coverage on Vertical Aerospace in a report on Thursday, March 27th. They issued a “buy” rating and a $15.00 price objective for the company. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $11.70.

Vertical Aerospace Trading Down 4.1%

Shares of EVTL stock opened at $5.69 on Thursday. Vertical Aerospace has a twelve month low of $2.76 and a twelve month high of $15.99. The stock has a fifty day simple moving average of $4.57 and a two-hundred day simple moving average of $5.81.

Vertical Aerospace (NYSE:EVTL) last announced its quarterly earnings results on Tuesday, May 13th. The company reported $4.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.40) by $4.84.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Connective Capital Management LLC bought a new stake in Vertical Aerospace during the fourth quarter valued at about $189,000. Renaissance Technologies LLC purchased a new stake in shares of Vertical Aerospace during the fourth quarter valued at about $237,000. Bank of America Corp DE bought a new stake in shares of Vertical Aerospace in the 4th quarter valued at about $264,000. Jane Street Group LLC bought a new stake in shares of Vertical Aerospace in the 4th quarter valued at about $300,000. Finally, Goldman Sachs Group Inc. purchased a new position in shares of Vertical Aerospace in the 1st quarter worth approximately $102,000. 81.17% of the stock is currently owned by hedge funds and other institutional investors.

Vertical Aerospace Company Profile

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.