---
title: "Chris Pierce Reiterates Buy on BETA, Maintains Unchanged $34 Price Target Amid Strengthening Electric Aviation Position"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295696933.md"
description: "Needham analyst Chris Pierce reiterated a Buy rating on BETA Technologies with an unchanged $34 price target. He cites the company's leading position in electric aviation, growing FAA eVTOL program traction, and expanding charging network as key drivers for long-term viability. While acknowledging regulatory timing risks, Pierce views certification as inevitable given test progress. The $34 target reflects a 20x multiple on 2030 adjusted earnings."
datetime: "2026-08-12T18:05:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295696933.md)
  - [en](https://longbridge.com/en/news/295696933.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295696933.md)
generator: "portal-rs"
---

# Chris Pierce Reiterates Buy on BETA, Maintains Unchanged $34 Price Target Amid Strengthening Electric Aviation Position

Chris Pierce, an analyst from Needham, reiterated the Buy rating on BETA Technologies, Inc. Class A. The associated price target remains the same with $34.00.

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Chris Pierce has given his Buy rating due to a combination of factors tied to BETA’s positioning and execution in electric aviation. He views BETA as the leading pure‑play original equipment manufacturer in the sector, with growing traction in the FAA’s eVTOL Integration Pilot Program, increasing flight operations, and a rapidly expanding charging network, all supporting long‑term commercial viability.

He acknowledges regulatory timing as a key risk but believes certification is ultimately a matter of “when” rather than “if,” given BETA’s accumulating test progress against evolving FAA requirements. Anchored by this conviction and the company’s strengthening operational momentum, he reiterates an unchanged $34 price target, which reflects a 20x multiple on his 2030 adjusted earnings outlook and supports a Buy recommendation.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**