Shares of Beta Technologies (BETA) are in focus as Jefferies gives the electric aircraft manufacturer a “Buy” rating, with a $30 target implying significant potential upside from current levels. Beta is developing electric aircraft and propulsion systems, with a market cap of $3.9 billion. Despite ongoing losses, the company has announced important partnerships and has a civil aircraft backlog of 891 aircraft. Analysts expect Beta’s revenues to grow at a compound annual rate of 156% from 2024 to 2030. BETA stock currently has a “Strong Buy” rating consensus, with a mean target price of $37.14, representing 113% growth potential.

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