BETA surges after Amazon discloses stake
ReutersFeb 11, 2026 3:33 PM
Shares of electric aircraft maker BETA technologies BETA.N rise more than 11% to about $19 in early trading
Amazon AMZN.O on Tuesday reported stake of 11.8 million class A common shares in BETA, according to SEC filing
*Jefferies upgrades BETA's rating to "buy" from "hold", leaves PT unchanged at $30
Brokerage sees new catalysts emerging for eVTOL sector, with BETA's pusher‑motor program on track for certification in first half of this year
Median PT of eight brokerages covering stock is $38.5 - data compiled by LSEG
Including session's moves, shares down 34% YTD
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