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BETA Technologies, Inc.

BETA

Industrials · 22.68 -0.9% today

You’ve read what changed. Here’s whether the market is confirming it.

Partial group confirmationMarket checked 28 Sept, 15:55 GMT-4

Market read

BETA Technologies, Inc.'s move is spreading beyond its market group.

BETA accounts for 2.8% of the group's measured movement across 4.7 effective names. raw member direction is mixed; 7 of 7 session-normalized 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?

Session-normalized 5m paths
Role in the moveAligned contributor#7 of 7 by movement share
Group movement share2.8%Absolute path energy—not portfolio weight
Relative path-0.35%aligned
Effective breadth4.7 / 7broad
Relative alignment7/7downside path · 0 counter-moving
Capital-flow agreement36%not yet clean
SEQUENCE READ

BIDU, JOBY, PONY moved materially before BETA. BETA crossed its material path threshold at 15:50 ET, 375 minutes after the first measured mover.

Inferred from aligned 5-minute paths; this is ordering evidence, not a causal claim.Unknown Theme
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%.
  • LCID remains aligned with the group in the next market snapshot.

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 2.8% of the group's measured movement across 4.7 effective names. raw member direction is mixed; 7 of 7 session-normalized 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%.
  • LCID remains aligned with the group in the next market snapshot.

Company research

Understand the business, not just the ticker

As of Sep 29, 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 observations225
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
  • EV/sales is 87% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 28, 2026

22.89
6m+62.3%12m—24m—
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 48.2× · EV/sales 5.2×. 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

22.68-0.9% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 30 Sept, 10:25 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 Follower in the organic co-movement group Unknown Theme. 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.

This group is retained as the last observed read for BETA; it is not active in the latest market snapshot.

Context history

Theme membership history

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