Why Are Beta Technologies Shares Surging On Wednesday?

Beta Technologies Inc. (NYSE:BETA) shares extended gains in Wednesday trading after Amazon.com Inc. (NASDAQ:AMZN) revealed a new position in the electric aircraft manufacturer through a regulatory filing on Tuesday.

Amazon Files 13-F Showing New Position

Amazon disclosed an 11.75 million share stake in Beta Technologies in its 13-F filing with the Securities and Exchange Commission after the market closed on Tuesday.

The filing triggered immediate investor interest, sending BETA shares higher in after-hours trading.

Technical Analysis

The stock is currently trading 17.1% below its 20-day simple moving average (SMA) and 29.4% below its 50-day SMA, indicating a bearish trend in the short term. Over the past 12 months, shares have decreased by 48.07%, and they are positioned closer to their 52-week lows than highs, reflecting ongoing challenges in the market.

The RSI is at 21.04, which is considered oversold, suggesting that the stock may be undervalued at this point. Meanwhile, the MACD is below its signal line, indicating bearish pressure on the stock.

The combination of oversold RSI and bearish MACD suggests mixed momentum, indicating that while the stock may be undervalued, there is still downward pressure to consider.

Key Support: $15.50

Key Resistance: $22.50

Earnings & Analyst Outlook

The countdown is on: Beta Technologies is set to report earnings on Feb. 23, 2026.

• EPS Estimate: Loss of 49 cents
• Revenue Estimate: $7.39 million

Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $38.13. Recent analyst moves include:

• Jefferies: Upgraded to Buy (Target $30.00) (Feb. 11)
• Needham: Buy (Maintains Target to $34.00) (Jan. 15)
• B of A Securities: Buy (Raises Target to $37.00) (Dec. 17, 2025)

BETA Price Action: BETA Technologies shares were up 13.42% at $19.02 at the time of publication on Wednesday, according to Benzinga Pro data.

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