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Amazon reveals new stake in this electric aircraft maker, stock jumps

admin by admin
February 11, 2026
in Business
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Amazon reveals new stake in this electric aircraft maker, stock jumps

Amazon disclosed a new stake in Beta Technologies, the electric aircraft and propulsion maker, sending the stock higher on Wednesday after a regulatory filing late Tuesday revealed the investment.

The company reported owning 11.75 million Beta shares, or 5.3%, purchased in the fourth quarter, according to a Securities and Exchange Commission filing cited by multiple outlets.

Beta shares rose in after-hours trading and extended gains the next day.

According to Benzinga, Amazon’s position appeared in a 13G filing after the market closed on Tuesday.

By Wednesday, Beta Technologies Inc. (NYSE:BETA) shares were up 13.42% at $19.02, based on Benzinga Pro data.

What Amazon disclosed

Amazon.com Inc. reported the new position in its quarterly 13G filing with the SEC, detailing its purchase of 11.75 million BETA shares during Q4.

The filing indicates a 5.3% ownership stake in Beta Technologies, a manufacturer focused on electric aircraft and propulsion technology.

How the market reacted

Beta’s stock rallied on the disclosure but remains technically weak.

Benzinga’s technical snapshot shows the shares trading 17.1% below the 20-day simple moving average and 29.4% below the 50-day average, while the 12-month performance is down 48.07% with the price closer to 52-week lows than highs.

The relative strength index stands at 21.04, which is considered oversold, and the MACD is below its signal line, indicating ongoing bearish pressure.

Key levels flagged by Benzinga include support at $15.50 and resistance at $22.50.

What to watch next

Beta Technologies is scheduled to report earnings on Feb. 23, 2026. Benzinga lists consensus estimates calling for an EPS loss of 49 cents on revenue of $7.39 million.

Analyst sentiment cited by Benzinga shows a Buy rating with an average price target of $38.13. Recent actions include:

  • Jefferies: Upgraded to Buy, target $30.00 (Feb. 11)
  • Needham: Buy, maintains target at $34.00 (Jan. 15)
  • BofA Securities: Buy, raises target to $37.00 (Dec. 17, 2025)

Why it matters

Amazon’s new stake brings fresh attention to Beta Technologies at a time when the stock has been under pressure.

The investment, revealed through the SEC filing, has acted as a short-term catalyst for the share price while technical indicators still reflect a challenging trend.

With earnings approaching and analysts largely constructive, investors will be watching whether upcoming results and guidance can build on the momentum sparked by Amazon’s disclosure.

The post Amazon reveals new stake in this electric aircraft maker, stock jumps appeared first on Invezz

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