Feed / BETA

BETA Technologies, Inc.

BETA

Industrials · 21.28 +5.6% today

Dominant mover · weak group confirmationMarket checked 11 Sept, 12:50 GMT-4

Market read

BETA dominates a concentrated Autonomous Mobility move.

BETA accounts for 50.6% of the group's measured movement across 3.1 effective names. all 7 measured members are falling in raw terms, but 3 of 7 SPY-adjusted paths align to the downside. Capital-flow agreement is 36%, so confirmation is not yet clean. No verified headline preceded the measured group move.

MOVE ANATOMY

Is this move genuinely shared?

SPY-adjusted 5m paths
Role in the moveDominant mover#1 of 7 by movement share
Group movement share50.6%Absolute path energy—not portfolio weight
Relative path+5.13%counter
Effective breadth3.1 / 7concentrated
Relative alignment3/7downside path · 2 counter-moving
Capital-flow agreement36%not yet clean
SEQUENCE READ

TSLA, HSAI, BIDU moved materially before BETA. BETA crossed its material path threshold at 09:35 ET, 1115 minutes after the first measured mover.

EVIDENCE COVERAGE

5 of 7 members in Autonomous Mobility are active. 0 of 2 disclosed connections are confirming.

What would change this read
  • At least 5 of 7 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as LCID begins moving with the group.

Invalidation: The live read weakens if participation falls to 2 of 7 members or fewer.

Watch this read

Research brief

The story so far

Industrials · Aerospace & Defense

BETA accounts for 50.6% of the group's measured movement across 3.1 effective names. all 7 measured members are falling in raw terms, but 3 of 7 SPY-adjusted paths align to the downside. Capital-flow agreement is 36%, so confirmation is not yet clean. No verified headline preceded the measured group move.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 5 of 7 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as LCID begins moving with the group.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods3
Price observations213
Usable filing statements103
Verified relationships3
Evidence supporting the case
  • Latest annual revenue changed +136.0% year over year.
  • Operating margin changed +757.4 percentage points in the latest annual period.
  • Input and raw-material costs has repeated favorable evidence across 3 filings.
  • Labor availability and costs has repeated favorable evidence across 3 filings.
Evidence challenging the case
  • Net margin changed -267.8 percentage points in the latest annual period.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 10, 2026

19.90
6m+4.6%12m24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2023-12-31$15.4M$-4.50
2024-12-31$15.1M-1.7%$-6.77+0.7%
2025-12-31$35.6M+136.0%$-12.85

What management says matters

Persistent and emerging business drivers

Product pipeline and R&Dmixed · 4 filings
The increase was attributable to contracts with commercial customers of $13.1 million related to engineering and consulting services to support our customers’ research and development activities and $0.3 million related to priority access to the Company’s cha…
10-Q · Aug 12, 2026
Credit and interest ratesmixed · 3 filings
Financing Activities F or the three months ended March 31, 2026, net cash used in financing activities was $1.2 million, primarily due to repayment of borrowings of $1.4 million, offset by other financing activities.
10-Q · May 12, 2026
Input and raw-material costspositive · 3 filings
As part of these efforts, we incurred increased expenses for parts and materials of $7.5 million, labor costs including stock-based compensation expense of $14.1 million, warrant expense of $5.6 million resulting from the collaborative arrangement with GE Aer…
10-Q · May 12, 2026
Labor availability and costspositive · 3 filings
As part of these efforts, we incurred increased expenses for parts and materials of $7.5 million, labor costs including stock-based compensation expense of $14.1 million, warrant expense of $5.6 million resulting from the collaborative arrangement with GE Aer…
10-Q · May 12, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 41.9× · EV/sales . Comparisons use only industry-matched filing peers.

Scenario scaffold

Fewer than 4 annual revenue periods; too little history to scaffold scenarios.

Price action

How the market is pricing the story

21.28+5.6% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 12:50 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for BETA. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for BETA. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind BETA

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

SRFMFiling-linked namepartnerMay 12, 2026

On March 12, 2026, BETA and Surf Air Mobility Inc.

GEGE AerospacepartnerDec 4, 2025

On September 3, 2025, the Company entered into a Strategic Collaboration Agreement and Joint Technology Development Agreement (together, the “GE Collaboration Agreements”) with General Electric Company, operating as GE Aerospace (“GE Aerospace”) within the sc…

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 5 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

BETA is currently a Leader in the organic co-movement group Autonomous Mobility. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.