Vertical Aerospace Ltd. (NYSE:EVTL) stock is up during Tuesday’s premarket session as the company has signed a strategic memorandum of understanding (MoU) with AHQ Group and the Saudi National Industrial Development Centre.
This partnership aims to explore the development of an Advanced Air Mobility (AAM) ecosystem in Saudi Arabia, aligning with the country’s Vision 2030 goals to diversify its economy and enhance industrial capabilities.
This development follows an MoU between India’s JetSetGo and Vertical Aerospace for the intended purchase of 50 Valo aircraft and a strategic collaboration to develop advanced air mobility services in India.
What The MoU Covers
The MoU, signed in Riyadh, establishes a framework for evaluating the necessary industrial, commercial, and investment structures to create a scalable and sustainable AAM ecosystem in the Kingdom.
Vertical Aerospace’s CEO, Stuart Simpson, highlighted that this collaboration could position Saudi Arabia as a regional hub for electric aircraft manufacturing, potentially supporting the operation of over 1,000 of their Valo aircraft.
In addition, the Valo aircraft is designed to operate in hot environments, capable of flying up to 160 kilometers at speeds of 240 km/h with zero operating emissions. This initiative is expected to contribute to job creation and the establishment of a clean transport sector, which aligns with the broader ambitions of Vision 2030.
Technical Analysis
The stock is currently trading 8.0% below its 20-day simple moving average (SMA) and 12.0% below its 50-day SMA, indicating a bearish trend in the short term. Over the past 12 months, shares have decreased by 7.47%, and they are currently positioned closer to their 52-week lows than highs.
The RSI is at 44.41, which is considered neutral territory, suggesting that the stock is neither overbought nor oversold. Meanwhile, MACD is below its signal line, indicating bearish pressure on the stock.
The combination of neutral RSI and bearish MACD suggests mixed momentum.
- Key Resistance: $5.50
- Key Support: $4.50
The recent MoU with AHQ Group and the Saudi National Industrial Development Centre is significant as it positions Vertical Aerospace to leverage Saudi Arabia’s ambitions for industrial diversification and innovation in the aerospace sector.
This partnership could enhance the company’s market presence and drive future growth in the rapidly evolving AAM landscape.
Earnings & Analyst Outlook
Vertical Aerospace Ltd. is slated to provide its next financial update on March 13, 2026.
- EPS Estimate: Loss of 1 cent (Up from $-49.15 YoY)
- Revenue Estimate: $0.00 M
The stock carries a Buy Rating with an average price target of $11.57. Recent analyst moves include:
- William Blair: Initiated with Outperform (Jan. 7)
- Needham: Buy (Raises Target to $11.00) (Dec. 15, 2025)
- D. Boral Capital: Buy (Maintains Target to $14.00) (Dec. 3, 2025)
Benzinga Edge Rankings
Below is the Benzinga Edge scorecard for Vertical Aerospace, highlighting its strengths and weaknesses compared to the broader market:
- Momentum: Weak (Score: 17.94) — Stock is underperforming the broader market.
Vertical Aerospace’s Benzinga Edge signal reveals a classic ‘High-Flyer’ setup. While the momentum score indicates underperformance, the strategic partnership with AHQ Group could provide a catalyst for future growth.
EVTL Price Action: Vertical Aerospace shares were up 0.41% at $4.84 during premarket trading on Tuesday, according to Benzinga Pro data.
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