Eve Holding's eVTOL Motor Deal with BETA Technologies Boosts Stock 29.9%

Eve Holding (EVEX) has surged 29.9% after securing a long-term eVTOL motor deal with BETA Technologies. The agreement deepens Eve's propulsion supply chain and supports a backlog of 2,800 vehicles and a potential $1 billion supply opportunity over ten years. This deal is seen as incremental validation of Eve's investment narrative, but investors still need to weigh the risk of rising losses and dilution. The company's shares could be overextended by 14%.