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Vertical Aerospace (EVTL) AI Stock Analysis
Vertical Aerospace
(NYSE:EVTL)
The score is weighed down primarily by very weak financial performance (no meaningful revenue, negative equity, and significant ongoing cash burn) and bearish technicals (below key moving averages with negative MACD). The earnings call provides some support via clear flight-test progress and near-term liquidity actions, but certification delays and continued funding dependence limit the upside; valuation appears optically low but is less informative given the current fundamentals.
Vertical Aerospace (EVTL) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $70.80M
- Dividend Yield
- ―
- Average Volume (3M)
- 6.78M
- Price to Earnings (P/E)
- 2.6
- Beta (1Y)
- 3.42
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- US
- Employees
- 444
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Aerospace & Defense
Vertical Aerospace Business Overview & Revenue Model
Company Description
Vertical Aerospace Ltd. is a company dedicated to the creation, manufacturing, and distribution of electrically powered aerial vehicles. Their primary product is the VX4, an innovative aircraft designed for electric vertical take-off and landing (eVT...
Vertical Aerospace Earnings Call Summary
The call presented strong technical and operational progress (historic piloted transitions, public demonstrations, two full-scale prototypes, ecosystem partnerships, and a defined milestone roadmap) and secured near-term financing and government support to extend runway. However, the business faces meaningful near-term risks: certification timing has been delayed by about one year, cash burn is high with runway only extended toward the end of Q3 2027 absent further funding, and commercialization depends on converting conditional financing, regulatory validations and selective customer commitments. Highlights demonstrate clear program momentum and de-risking in many technical and ecosystem areas, while lowlights emphasize financing and timing uncertainties that could affect pace of commercialization.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Vertical's guidance: complete aircraft-level Critical Design Review (CDR) by end‑2026 (Q4), select the hybrid turbo‑generator in H2 2026 and begin hybrid flight testing (retrofit of Prototype 3) in H1 2027, target type certification in 2029 via the U.K. CAA/EASA (SC‑VTOL/AAA pathway), open pilot assembly at Cotswold in Q3 2026 and the expanded Vertical Energy Center (VEC2) in Q4 2026 to triple battery production, and initially build seven Valo production aircraft (plus hybrid variants) while supporting ~700 direct skilled jobs by 2030; financially, the company announced an ~$100M gross financing package ( $35M underwritten equity, $40M Mudrick acceleration [$5M draw + $35M accelerated], $25M Yorkville preferred draw), has ~$134M cash on hand (expect ~ $148M after receipts), expects ~ $150M net cash outflows over the next 12 months (H1 operating cash used $112M), has an ~$850M financing framework (≈$700M remaining Yorkville capacity), and U.K. government support totaling ≈$100M (including a potential additional grant up to $30.5M), extending runway toward the end of Q3 2027; operationally they now have two full‑scale piloted prototypes and demonstrated five consecutive public transition flights at Farnborough to ~140,000 attendees.
Vertical Aerospace Financial Statement Overview
Summary
Very weak fundamentals: effectively no meaningful revenue, sustained operating losses, negative stockholders’ equity, and continued heavy cash burn (TTM free cash flow roughly -$149M). While losses have narrowed versus 2024 and debt is below prior peaks, the company remains dependent on external funding with limited financial flexibility.
Income Statement
14Very NegativeBalance Sheet
9Very NegativeCash Flow
12Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 132.00K |
| Gross Profit | -9.89M | 0 | 0 | 0 | 0 | 68.00K |
| EBITDA | 50.90M | 204.74M | -73.44M | -63.53M | -77.15M | -244.28M |
| Net Income | 111.60M | 232.93M | -781.24M | -59.95M | -94.38M | -245.22M |
Balance Sheet | ||||||
| Total Assets | 100.18M | 104.99M | 47.73M | 84.08M | 151.24M | 233.33M |
| Cash, Cash Equivalents and Short-Term Investments | 49.71M | 70.18M | 22.56M | 48.68M | 122.81M | 212.66M |
| Total Debt | 95.82M | 191.39M | 2.20M | 2.62M | 233.66M | 114.74M |
| Total Liabilities | 134.36M | 226.22M | 547.07M | 133.86M | 143.92M | 171.77M |
| Stockholders Equity | -34.18M | -121.23M | -499.34M | -49.78M | 7.32M | 61.56M |
Cash Flow | ||||||
| Free Cash Flow | -148.76M | -78.40M | -46.72M | -76.96M | -105.72M | -38.98M |
| Operating Cash Flow | -147.31M | -78.11M | -46.29M | -74.70M | -103.71M | -37.89M |
| Investing Cash Flow | -717.78K | -283.64K | 1.73M | 61.38M | -62.96M | -4.61M |
| Financing Cash Flow | 146.43M | 125.01M | 18.77M | 169.00K | 7.25M | 336.55M |
Vertical Aerospace Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EVTL, the sentiment is Negative. The current price of 0.42 is below the 20-day moving average (MA) of 0.44, below the 50-day MA of 0.56, and below the 200-day MA of 2.23, indicating a bearish trend. The MACD of -0.06 indicates Negative momentum. The RSI at 39.94 is Neutral, neither overbought nor oversold. The STOCH value of 70.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EVTL.
Vertical Aerospace Risk Analysis
Vertical Aerospace disclosed 79 risk factors in its most recent earnings report. Vertical Aerospace reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
3 New RisksVertical Aerospace Peers Comparison
Overall Rating
BETA53.3Neutral
HOVR44.1Neutral
EH44Neutral- EVTL44Neutral
ACHR43Neutral
EVEX43Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| BETA | 53Neutral | $4.69B | -4.39 | -57.71% | ― | ― | ― |
| HOVR | 44Neutral | $80.21M | -2.82 | -52.73% | ― | ― | -407.10% |
| EH | 44Neutral | $272.11M | -2.42 | -36.65% | ― | -3.42% | -3.03% |
| EVTL | 44Neutral | $70.80M | 2.61 | -171.87% | ― | ― | ― |
| ACHR | 43Neutral | $3.23B | -3.89 | -40.86% | ― | ― | 15.37% |
| EVEX | 43Neutral | $519.24M | -2.40 | -221.18% | ― | ― | 1.65% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| EVTL | Vertical Aerospace Ltd. | 0.42 | -4.02 | -90.56% | |
| EH | Ehang Holdings Ltd | 3.59 | -14.28 | -79.91% | |
| EVEX | Eve Holding Inc. | 1.49 | -2.64 | -63.92% | |
| ACHR | Archer Aviation Inc | 4.20 | -6.22 | -59.69% | |
| HOVR | New Horizon Aircraft Ltd. | 1.20 | -1.03 | -46.41% | |
| BETA | BETA Technologies, Inc. Class A | 20.05 | -15.95 | -44.31% |
Vertical Aerospace Corporate Events
Vertical Aerospace Adopts Semi-Annual Financial Reporting Cadence
Vertical Aerospace Ltd. has decided to shift from quarterly to semi-annual financial reporting, announcing on October 22, 2026 that it will henceforth publish results only twice a year and annually. The company expects its next set of financial resul...
Vertical Aerospace Adds Former Airbus Executive Marc Fontaine to Board Amid Strategic Review
On October 21, 2026, Vertical Aerospace announced the appointment of Marc Fontaine, CEO of Helsing SAS and former senior Airbus executive, to its Board of Directors, following his nomination by Mudrick Capital under its board appointment rights. Font...
Vertical Aerospace Signs Key Supplier Deals for Valo eVTOL Ahead of Certification
On October 15, 2026, Vertical Aerospace, via its subsidiary Vertical Aerospace Group Limited, signed new long-term supply agreements with ANH Structure and Northrop Grumman LITEF to provide key systems for its Valo eVTOL aircraft. ANH will design, ce...
Vertical Aerospace Files Patent Counterclaim Against Archer Over Midnight eVTOL
On October 6, 2026, Vertical Aerospace Group Ltd., a wholly owned subsidiary of Vertical Aerospace, filed a patent infringement counterclaim against U.S.-listed rival Archer Aviation Inc. in the U.S. District Court for the Eastern District of Texas....
Vertical Aerospace reshapes board with U.S. defence veteran Clyde Woltman as director
On 5 October 2026, Vertical Aerospace appointed Clyde M. Woltman, former CEO of Leonardo Helicopters US and a retired U.S. Marine Corps Colonel, to its Board of Directors, further bolstering its expertise in defence, government and aerospace commerci...
Vertical Aerospace Faces NYSE Compliance Deadline After Sub-$1 Share Price
On September 9, 2026, Vertical Aerospace received a notice from the New York Stock Exchange that its ordinary shares had traded below the required $1.00 average closing price over 30 consecutive sessions, placing the company out of compliance with NY...
Vertical Aerospace Starts Strategic Review After Milestone eVTOL Progress
On 24 September 2026, Vertical Aerospace said it had launched a review of strategic alternatives, exploring potential strategic and financial partnerships to fund its next phase of development. The company has appointed Jefferies as financial advisor...
Vertical Aerospace names former Airbus chief Fabrice Brégier as chair to drive eVTOL and defence push
Vertical Aerospace, a developer of zero-emission eVTOL aircraft and hybrid-electric variants, is targeting certification and commercialisation of its Valo platform while expanding into defence, autonomous flight and supporting charging infrastructure...
Vertical Aerospace Signs Marketing Deal with Outside The Box Capital
On September 16, 2026, Vertical Aerospace, through its wholly owned subsidiary Vertical Aerospace Group Limited, entered into a Marketing Services Agreement with Outside The Box Capital Inc. The deal engages OTB to deliver marketing and distribution...
Vertical Aerospace shareholders approve new governance terms for largest investor at 2026 AGM
On September 11, 2026, Vertical Aerospace held its Annual General Meeting, with shareholders representing 56.71% of voting power in attendance. Investors ratified PricewaterhouseCoopers LLP as auditor for 2026 and approved an increase of 2,767,806 sh...
Vertical Aerospace Sets September 11 AGM to Reshape Incentives and Governance
Vertical Aerospace Ltd. has called its 2026 Annual General Meeting of shareholders for September 11, 2026, in Bristol, with holders of ordinary and Series A convertible preferred shares of record as of August 18, 2026 entitled to vote on a series of...
Vertical Aerospace Advances Valo eVTOL Program and Secures Fresh Financing in H1 2026
Vertical Aerospace reported major operational progress during the first half of 2026, highlighted by piloted transition flights with two full-scale tiltrotor eVTOL prototypes and five days of public demonstration flights at the Farnborough Internatio...
Vertical Aerospace Resets Convertible Terms and Accelerates $35 Million Mudrick Funding Draw
On August 12, 2026, Vertical Aerospace amended the indenture governing its 10.00% / 12.00% Convertible Senior Secured PIK Toggle Notes, cutting the conversion price from $3.50 to $1.30 per share, and signed an amended and restated convertible note pu...
Vertical Aerospace Secures $100 Million Financing to Advance Valo eVTOL Programme
Vertical Aerospace, a NYSE-listed electric aviation specialist, has secured financing commitments of about $100 million from existing and new investors, announced on August 10, 2026, to strengthen its balance sheet and advance its Valo eVTOL programm...
Vertical Aerospace Raises $56 Million via Equity and Convertible Preferred Offerings
On August 10, 2026, Vertical Aerospace priced an underwritten registered direct equity offering of around $35 million in units, each comprising one ordinary share and one Tranche C warrant, at $1.05 per unit with Jefferies LLC as underwriter. The off...
Vertical Aerospace Strikes $100 Million Financing Framework with Mudrick and Yorkville
Vertical Aerospace, the UK eVTOL aircraft developer, reported that as of June 30, 2026 it held approximately £50 million ($66 million) in cash and cash equivalents, with 138.4 million ordinary shares outstanding. The company remains in an invest...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 14, 2026