Vertical Aerospace Ltd. (NYSE:EVTL) Stake Lifted by Mudrick Capital Management L.P.

Posted by Geri Gentry on Apr 7th, 2025

Mudrick Capital Management L.P. raised its holdings in shares of Vertical Aerospace Ltd. (NYSE:EVTL – Free Report) by 11,735.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 47,343,585 shares of the company’s stock after purchasing an additional 46,943,585 shares during the quarter. Vertical Aerospace comprises about 100.0% of Mudrick Capital Management L.P.’s holdings, making the stock its biggest position. Mudrick Capital Management L.P. owned 0.68% of Vertical Aerospace worth $595,582,000 as of its most recent SEC filing.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Canaccord Genuity Group lowered their price target on shares of Vertical Aerospace from $16.00 to $13.50 and set a “buy” rating on the stock in a research report on Friday, January 24th. D. Boral Capital assumed coverage on Vertical Aerospace in a report on Thursday, March 27th. They set a “buy” rating and a $15.00 target price on the stock. Finally, HC Wainwright started coverage on Vertical Aerospace in a research report on Friday, February 7th. They issued a “buy” rating and a $12.00 price target for the company. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Vertical Aerospace currently has a consensus rating of “Moderate Buy” and a consensus price target of $11.10.

Check Out Our Latest Stock Report on Vertical Aerospace

Vertical Aerospace Trading Down 6.4 %

NYSE:EVTL opened at $3.00 on Monday. The company’s 50-day moving average is $4.35 and its two-hundred day moving average is $7.67. Vertical Aerospace Ltd. has a 1-year low of $2.80 and a 1-year high of $15.99.

Vertical Aerospace (NYSE:EVTL – Get Free Report) last released its quarterly earnings data on Thursday, March 13th. The company reported ($46.25) EPS for the quarter, missing analysts’ consensus estimates of ($0.74) by ($45.51). Equities research analysts predict that Vertical Aerospace Ltd. will post -3.95 EPS for the current year.

Vertical Aerospace Profile

(Free Report)

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.