EVTL Stock Forecast & Price Target

Vertical Aerospace Ltd is making significant strides in the electric aviation sector, particularly with the successful demonstration of full-transition flight for its all-electric VX4 aircraft projected for later this year, which reduces technical risks associated with the aircraft's design and capabilities. The company has raised its delivery expectations, projecting an increase of approximately 17% in total aircraft deliveries by 2030, resulting in a total of 175 VX4s, and an anticipated annual manufacturing run-rate rise of about 13% to 225 VX4s per year, further supporting its growth trajectory. Additionally, projections for 2035 show a substantial upward adjustment in expected aircraft deliveries by approximately 29%, reaching 900 units annually, which signifies strong demand potential and a favorable cash burn path towards achieving financial targets.

Vertical Aerospace has moved its cash breakeven expectations to 2029, which reflects a critical shift in financial outlook and raises concerns about its path to profitability. The company's operations continue to face significant delays in its flight test program and regulatory certifications, impacting its timeline for commercialization. Additionally, the recent cancellation of aircraft orders from key customer prospects suggests weakening demand and could further hinder Vertical's growth prospects in the competitive eVTOL market.