EVTL Similar Chart Price Prediction
The price of EVTL is predicted to go up -40.15%, based on the high correlation periods with PHVS. The similarity of these two price pattern on the periods is 98.28%.
EVTL
PHVS
Down: -40.15%Similarity: 98.28%
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EVTL Analyst's Forecast
Austin Moeller
Canaccord Genuity
Strong Buy
2025-01-24
Price Target
$16 → $14
Upside
+138.94%
Vertical Aerospace announced that it has commenced an underwritten public offering of $75M of units. Each unit consists of one ordinary share and one-half of one Tranche A warrant and one-half of one Tranche B warrant. The ordinary shares and the warrants comprising the units are immediately separable and will be issued separately in the offering. Vertical intends to use the net proceeds from the offering to fund its research and development expenses as Vertical continues to develop the VX4 and its expenditures in the expansion of its testing and certification capacities, as well as for general working capital and other general corporate purposes. William Blair is acting as lead bookrunner and Canaccord Genuity is acting as joint bookrunner for the proposed offering.
Edison Yu
Deutsche Bank
Strong Buy
2024-12-03
Price Target
$15 → $13
Upside
+72.64%
Savanthi Syth
Raymond James
Hold
2024-11-26
Price Target
n/a
Downside
0%
