BETA
BETA Technologies, Inc.
NYSEUSDEQUITY
Industrials
DELAYED
Neutral
+16/100
Last price
21.00
▲ 0.30 (1.45%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
20.86
Prev close
20.70
Day high
21.56
Day low
20.22
Volume
1.50M
Market cap
$4.89B
P/E (TTM)
—
52W range
13.43 – 39.50
Day trading desk
Gap from prior close
+0.77%
Prior close 20.70
VWAP
—
—
Relative volume
0.00×
Quiet session
Session range
0.67%
20.86 – 21.00
Position in range
100%
Near session high
ATR (14D)
1.65
7.84% of price
Prior day high
22.71
PDH
Prior day low
20.26
PDL
Bid / ask spread
—
Quote not published
Session volume
—
Avg 2.47M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-6.86%
-8.8%
1M
-5.86%
-7.0%
3M
+22.87%
+18.3%
6M
+34.32%
+16.1%
YTD
-25.91%
-40.2%
1Y
—
-16.4%
3Y
—
-82.3%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on BETA open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
-275.24K
Net selling
Buy transactions
15
377.59K shares
Sell transactions
18
652.83K shares
Net transactions
+33
Buys less sells
Sell : buy shares
1.7 : 1
Mixed
Insider-held shares
92.76M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Sep 25, 26 | CLARK KYLE Chief Executive Officer |
SELL | 30.00K | $705.14K | Indirect |
| Sep 2, 26 | STONE MICHAEL ROBERT Director |
BUY | 25.95K | $502.80K | Indirect |
| Aug 21, 26 | CLARK KYLE Chief Executive Officer |
SELL | 83.20K | $2.15M | Indirect |
| Aug 18, 26 | CLARK KYLE Chief Executive Officer |
SELL | 77.80K | $1.97M | Indirect |
| Aug 14, 26 | CLARK KYLE Chief Executive Officer |
STOCK | 10.00K | $0 | Direct |
| Aug 13, 26 | CLARK KYLE Chief Executive Officer |
SELL | 45.00K | $1.11M | Indirect |
| Aug 11, 26 | CLARK KYLE Chief Executive Officer |
SELL | 47.90K | $1.15M | Indirect |
| Jul 16, 26 | CLARK KYLE Chief Executive Officer |
SELL | 5.00K | $87.59K | Indirect |
| Jul 15, 26 | CLARK KYLE Chief Executive Officer |
SELL | 45.00K | $810.34K | Indirect |
| Jul 2, 26 | CLARK KYLE Chief Executive Officer |
SELL | 30.00K | $530.07K | Indirect |
| Jun 30, 26 | CLARK KYLE Chief Executive Officer |
SELL | 30.00K | $494.69K | Indirect |
| Jun 26, 26 | CLARK KYLE Chief Executive Officer |
SELL | 45.00K | $721.80K | Indirect |
| Jun 23, 26 | CLARK KYLE Chief Executive Officer |
SELL | 45.00K | $712.93K | Indirect |
| Jun 17, 26 | CLARK KYLE Chief Executive Officer |
SELL | 30.00K | $479.14K | Indirect |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
ABELE JOHN E |
Director | 17.42M | Stock Award(Grant) |
CHURCHILL DAVID LAWRENCE PH.D. |
Chief Technology Officer | — | Sale |
CLARK KYLE |
Chief Executive Officer | — | Sale |
DAVIS CHARLES A. |
Director | 17.65M | Stock Award(Grant) |
DONOVAN SEAN |
Chief Operating Officer | 176.19K | Sale |
KAMEN DEAN L. PH.D. |
Director | 815.40K | Stock Award(Grant) |
SLATTERY JOHN S |
Director | 274.66K | Stock Award(Grant) |
STONE MICHAEL ROBERT |
Director | — | Purchase |
TPG GP A LLC |
Unknown | — | Conversion of Exercise of derivative security |
TPG GP A, L.L.C. |
Unknown | — | Conversion of Exercise of derivative security |
Fundamentals
Market cap$4.89B
Enterprise value$3.62B
Revenue (TTM)$44.84M
Gross profit$26.93M
EBITDA$-482.43M
Net income$-1.05B
EPS (TTM)$-5.21
Free cash flow$-305.99M
Total cash$1.48B
Total debt$206.70M
Book value / share$6.91
Shares outstanding225.44M
Float124.41M
Short % of float7.33%
Dividend yield0.00%
Beta (5Y)—
Valuation & profitability ratios
Trailing P/E—
Forward P/E-9.29
PEG ratio—
Price / sales—
Price / book3.03
EV / revenue80.65
EV / EBITDA-7.50
Gross margin60.06%
Operating margin-1078.71%
Profit margin0.00%
Return on equity-89.94%
Return on assets-25.62%
Debt / equity12.80
Current ratio14.47
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|
| Total revenue | $35.62M | — | — | — |
| Operating revenue | $35.62M | — | — | — |
| Cost of revenue | $9.90M | — | — | — |
| Gross profit | $25.71M | — | — | — |
| Research & development | $259.89M | — | — | — |
| Selling, general & admin | $138.49M | — | — | — |
| Total operating expense | $398.38M | — | — | — |
| Operating income | -$372.67M | — | — | — |
| Net interest income | $7.17M | — | — | — |
| Pre-tax income | -$745.11M | — | — | — |
| Tax provision | $756.00K | — | — | — |
| Net income | -$745.87M | — | — | — |
| Net income to common | -$963.22M | — | — | — |
| Basic EPS | -12.85 | -1.37 | -0.90 | -838.8% |
| Diluted EPS | -12.85 | -1.37 | -0.90 | -838.8% |
| EBIT | -$732.14M | — | — | — |
| EBITDA | -$710.11M | — | — | — |
| Basic shares | 74.97M | 223.81M | 223.81M | -66.5% |
| Diluted shares | 74.97M | 223.81M | 223.81M | -66.5% |
| Line item | 2025 | 2024 | YoY |
|---|---|---|---|
| Cash & equivalents | $1.71B | — | — |
| Cash & short-term investments | $1.71B | — | — |
| Accounts receivable | $5.75M | — | — |
| Total current assets | $1.74B | — | — |
| Property, plant & equipment | $364.96M | — | — |
| Total assets | $2.11B | — | — |
| Total current liabilities | $76.39M | — | — |
| Current debt | $5.71M | — | — |
| Long-term debt | $179.80M | — | — |
| Total debt | $203.90M | $170.49M | +19.6% |
| Total liabilities | $288.43M | — | — |
| Retained earnings | -$1.91B | — | — |
| Shareholder equity | $1.82B | — | — |
| Working capital | $1.66B | — | — |
| Net tangible assets | $1.82B | — | — |
| Shares issued | 229.23M | — | — |
| Line item | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|
| Net income | -$745.87M | — | — | — |
| Depreciation & amortisation | $22.03M | — | — | — |
| Stock-based compensation | $34.76M | — | — | — |
| Change in working capital | $29.41M | $21.58M | -$2.08M | +36.3% |
| Operating cash flow | -$267.80M | — | — | — |
| Capital expenditure | -$45.45M | — | — | — |
| Investing cash flow | -$44.08M | — | — | — |
| Share buybacks | $0 | — | — | — |
| Financing cash flow | $1.73B | — | — | — |
| Free cash flow | -$313.25M | — | — | — |
| End cash position | $1.72B | — | — | — |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $14.66M | $10.13M | $11.13M | $8.92M | $5.97M | +44.7% |
| Operating revenue | $14.66M | $10.13M | $11.13M | $8.92M | $5.97M | +44.7% |
| Cost of revenue | $6.64M | $4.30M | $4.23M | $2.74M | $1.19M | +54.3% |
| Gross profit | $8.02M | $5.83M | $6.90M | $6.18M | $4.78M | +37.5% |
| Research & development | $122.36M | $91.74M | $89.41M | $56.37M | $58.03M | +33.4% |
| Selling, general & admin | $43.77M | $47.05M | $52.25M | $30.38M | $26.06M | -7.0% |
| Total operating expense | $166.14M | $138.79M | $141.66M | $86.75M | $84.10M | +19.7% |
| Operating income | -$158.12M | -$132.96M | -$134.76M | -$80.57M | -$79.32M | -18.9% |
| Net interest income | $9.63M | $10.86M | $9.04M | -$836.00K | -$867.00K | -11.3% |
| Pre-tax income | -$148.49M | -$122.09M | -$149.78M | -$436.96M | -$80.19M | -21.6% |
| Tax provision | $267.00K | $216.00K | $176.00K | $253.00K | $229.00K | +23.6% |
| Net income | -$148.75M | -$122.31M | -$149.96M | -$437.21M | -$80.42M | -21.6% |
| Net income to common | -$148.75M | -$122.31M | -$328.18M | -$451.81M | -$92.79M | -21.6% |
| Basic EPS | -0.64 | -0.53 | -2.02 | -2.43 | -0.50 | -20.8% |
| Diluted EPS | -0.64 | -0.53 | -2.02 | -2.43 | -0.50 | -20.8% |
| EBIT | -$144.82M | -$118.48M | -$146.03M | -$433.50M | -$77.30M | -22.2% |
| EBITDA | -$138.50M | -$112.33M | -$140.31M | -$427.70M | -$71.90M | -23.3% |
| Basic shares | 232.43M | 230.77M | 162.46M | 218.89M | 185.67M | +0.7% |
| Diluted shares | 232.43M | 230.77M | 162.46M | 218.89M | 185.67M | +0.7% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $1.48B | $1.59B | $1.71B | $687.63M | -6.9% |
| Cash & short-term investments | $1.48B | $1.59B | $1.71B | $687.63M | -6.9% |
| Accounts receivable | $3.61M | $6.43M | $5.75M | $7.68M | -43.9% |
| Inventory | — | — | — | $2.79M | — |
| Total current assets | $1.50B | $1.62B | $1.74B | $712.51M | -7.2% |
| Property, plant & equipment | $423.43M | $388.81M | $364.96M | $348.29M | +8.9% |
| Total assets | $1.93B | $2.01B | $2.11B | $1.07B | -4.0% |
| Total current liabilities | $103.91M | $75.86M | $76.39M | $68.31M | +37.0% |
| Current debt | $8.55M | $7.13M | $5.71M | $5.67M | +19.9% |
| Long-term debt | $175.41M | $177.60M | $179.80M | $179.10M | -1.2% |
| Total debt | $206.70M | $204.53M | $203.90M | $203.31M | +1.1% |
| Total liabilities | $318.27M | $287.85M | $288.43M | $279.45M | +10.6% |
| Retained earnings | -$2.18B | -$2.04B | -$1.91B | -$1.59B | -7.3% |
| Shareholder equity | $1.62B | $1.73B | $1.82B | $789.89M | -6.4% |
| Working capital | $1.40B | $1.54B | $1.66B | $644.19M | -9.4% |
| Net tangible assets | $1.62B | $1.73B | $1.82B | $789.89M | -6.4% |
| Shares issued | 233.85M | 229.80M | 229.23M | 185.67M | +1.8% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$148.75M | -$122.31M | -$149.96M | -$437.21M | -$80.42M | -21.6% |
| Depreciation & amortisation | $6.32M | $6.15M | $5.71M | $5.79M | $5.40M | +2.8% |
| Stock-based compensation | $14.67M | $23.42M | $17.94M | $5.21M | $4.31M | -37.3% |
| Change in working capital | $30.08M | -$9.39M | $10.05M | $441.00K | $12.86M | +420.5% |
| Operating cash flow | -$74.88M | -$95.36M | -$84.41M | -$68.84M | -$56.28M | +21.5% |
| Capital expenditure | -$41.11M | -$24.18M | -$19.78M | -$12.96M | -$6.03M | -70.1% |
| Investing cash flow | -$41.11M | -$24.18M | -$19.71M | -$12.59M | -$5.53M | -70.1% |
| Share buybacks | — | — | $0 | $0 | — | — |
| Financing cash flow | $6.13M | -$1.25M | $1.13B | $596.05M | $2.64M | +591.3% |
| Free cash flow | -$115.99M | -$119.54M | -$104.20M | -$81.80M | -$62.30M | +3.0% |
| End cash position | $1.48B | $1.59B | $1.72B | $692.63M | $178.07M | -6.9% |
Options analytics
Put / call volume
0.34
Call-heavy session
Put / call open interest
1.22
Positioning, not flow
Max pain
7.50
-64.1% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
-6.2%
Calls bid over puts
Call volume
85
Contracts, this expiry
Put volume
29
Contracts, this expiry
Heaviest call OI
12.50
18 contracts
Heaviest put OI
7.50
19 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -0.56 | -0.46 | +18.0% |
| Mar 2026 | -0.74 | -0.40 | +45.7% |
| Dec 2025 | -0.47 | -1.71 | -264.7% |
| Sep 2025 | -0.44 | -1.94 | -340.5% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -0.62 | 2 | $10.77M | +20.8% |
| Next quarter | -0.57 | 2 | $11.40M | +2.4% |
| Current year | -2.28 | 2 | $46.89M | +31.6% |
| Next year | -2.25 | 1 | $361.65M | +671.3% |
Analyst targets & ownership
Mean target$32.00
High target$37.00
Low target$29.00
Implied upside52.38%
Analyst count8
ConsensusSTRONG BUY
Strong buy / Buy2 / 6
Hold0
Sell / Strong sell0 / 0
Held by insiders39.65%
Held by institutions37.26%
Institutions holding264
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
22.43
-6.36% from price
SMA 20
21.75
-3.91% from price
SMA 50
22.06
-5.25% from price
SMA 100
19.57
+7.28% from price
SMA 200
19.90
+5.01% from price
EMA 12
21.86
-3.95% from price
EMA 26
21.86
-3.94% from price
EMA 50
21.40
-1.86% from price
RSI (14)
45.2
Neutral
MACD (12,26,9)
0.00
Hist -0.18
ATR (14)
1.65
7.88% of price
Realised vol 30D
67.4%
Annualised
Bollinger upper
24.24
20, 2σ
Bollinger lower
19.26
20, 2σ
50 / 200 cross
Golden
22.06 vs 19.90
Trend bias
Above 200
+5.01%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
2.93
More volatile than market
Correlation to SPY
0.49
Loosely linked
Realised vol 30D
67.4%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-63.1%
Peak to trough
Max drawdown 5Y
-63.1%
Peak to trough
ATR 14
1.65
7.88% of price
Beta (reported)
—
5Y monthly, from filing
Short interest
Shares short
10.77M
Prior 8.56M
Change vs prior
+25.7%
Shorts adding
% of float
7.33%
Normal
% of shares out
4.60%
Against total outstanding
Days to cover
4.7
Liquid
Float
124.41M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 5, 26 | Cantor Fitzgerald | MAINTAINED | Overweight | Overweight |
| Aug 13, 26 | Cantor Fitzgerald | MAINTAINED | Overweight | Overweight |
| Aug 13, 26 | BTIG | MAINTAINED | Buy | Buy |
| Aug 12, 26 | Needham | MAINTAINED | Buy | Buy |
| May 20, 26 | BTIG | MAINTAINED | Buy | Buy |
| May 18, 26 | Citigroup | MAINTAINED | Buy | Buy |
| May 13, 26 | Cantor Fitzgerald | MAINTAINED | Overweight | Overweight |
| May 13, 26 | Needham | MAINTAINED | Buy | Buy |
| Apr 20, 26 | Goldman Sachs | MAINTAINED | Buy | Buy |
| Apr 2, 26 | Citigroup | MAINTAINED | Buy | Buy |
| Mar 17, 26 | Goldman Sachs | MAINTAINED | Buy | Buy |
| Mar 10, 26 | Morgan Stanley | MAINTAINED | Overweight | Overweight |
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio—
Ex-dividend date—
Next pay date—
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-08-12
Corporate Changes & Voting Matters
8-K · 2026-07-22
Corporate Changes & Voting Matters
8-K · 2026-06-15
Corporate Changes & Voting Matters
8-K · 2026-05-12
Proxy Statements
DEFA14A · 2026-04-29
Additional Forms
D · 2026-04-16
Periodic Financial Reports
10-K · 2026-03-09
Corporate Changes & Voting Matters
8-K · 2026-02-19
Headlines
Why Beta Technologies Stock Was Climbing This Week
Motley Fool · 12d ago
BETA Launches North Carolina eIPP Operations to Build a Scalable Model for Rural Healthcare Access
Business Wire · 14d ago
Surf Air Mobility Attends FAA's Project Nexus eIPP Event, Reinforcing Its Position as the Commercial Platform for Advanced Air Mobility
Business Wire · 22d ago
BETA Technologies (BETA) Could Be 34% Undervalued As Jefferies Conference Nears
Simply Wall St. · 22d ago
Merlin Demonstrates Autonomous Flight Capabilities at Texas Department of Transportation Project NEXUS eIPP Kickoff Event
GlobeNewswire · 27d ago
Archer Aviation Inc Archer, BETA, Macquarie's ACES Plans Texas Charging Network for Air Taxis
MT Newswires · 27d ago
Archer, BETA Plan to Bring Air Taxi Charging Infrastructure to Texas to Support TxDOT’s eIPP Operations with America’s Consortium for Electric Skyways
Business Wire · 27d ago
BETA Technologies to Participate in Upcoming Investor Conferences
Business Wire · 29d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.