Amazon Takes 5.3% Stake in BETA Technologies, Jefferies Targets $30
Amazon disclosed a 5.3% stake in BETA, positioning as the second-largest external shareholder with about 11.75 million shares and driving a mid-week 16% rally toward $19.50. Jefferies upgraded the stock to Buy with a $30 target and highlighted $1.79 billion liquidity and $8.92 million Q3 revenue.
1. Amazon Takes 5.3% Stake
Amazon disclosed holding 11.75 million shares, representing a 5.3% passive stake that makes it the second-largest external shareholder behind GE Aerospace. This investment drove a 16% stock rally toward the $19.50 level, validating BETA’s logistics-focused ALIA CX300 eCTOL design.
2. Jefferies Upgrade and $30 Target
Jefferies analyst Sheila Kahyaoglu upgraded the stock to Buy with a $30 price target, implying over 50% upside. The upgrade cites strong fundamentals and views recent share-price weakness as a buying opportunity ahead of key industry milestones.
3. Strong Balance Sheet and Revenue
BETA holds $1.79 billion in total liquidity—$687.6 million in cash and $1.1 billion from its November IPO—minimizing dilution risk. In Q3 2025, the company reported $8.92 million in revenue, surpassing estimates and demonstrating diversified cash flow from defense contracts and charging fees.
4. Future Catalysts and Market Position
Investors are eyeing March announcements for the Department of Transportation and FAA’s eVTOL Integration Pilot Program and H500 motor certification in H1 2026 as major catalysts. BETA also secured a $1 billion electric motor supply agreement with Eve Air Mobility and a classified partnership with General Dynamics for defense applications.