Aeva Technologies (AEVA) Expected to Announce Quarterly Earnings on Tuesday

Aeva Technologies (NYSE:AEVA - Get Free Report) is projected to issue its quarterly earnings data before the market opens on Tuesday, March 4th. Analysts expect the company to announce earnings of ($0.61) per share and revenue of $2.47 million for the quarter. Investors interested in participating in the company's conference call can do so using this link.

Aeva Technologies Price Performance

Shares of NYSE:AEVA traded up $0.06 during mid-day trading on Friday, hitting $3.58. The company had a trading volume of 216,575 shares, compared to its average volume of 395,068. Aeva Technologies has a one year low of $2.20 and a one year high of $7.25. The firm has a fifty day moving average price of $4.31 and a 200 day moving average price of $3.84. The company has a market capitalization of $192.90 million, a PE ratio of -1.16 and a beta of 1.39.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on AEVA shares. Roth Mkm upped their price objective on shares of Aeva Technologies from $5.00 to $6.00 and gave the company a "buy" rating in a report on Thursday, November 7th. Craig Hallum upped their target price on Aeva Technologies from $5.00 to $6.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $10.53.

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Insider Activity at Aeva Technologies

In related news, CEO Soroush Salehian Dardashti sold 107,795 shares of the firm's stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $4.49, for a total transaction of $483,999.55. Following the transaction, the chief executive officer now directly owns 4,097,013 shares of the company's stock, valued at $18,395,588.37. This trade represents a 2.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 29.10% of the stock is owned by insiders.

Aeva Technologies Company Profile

Aeva Technologies, Inc engages in the design, development, manufacture, and sale of LiDAR sensing systems, and related perception and autonomy-enabling software solutions in North America, Europe, the Middle East, Africa, and Asia. The company develops its products using frequency modulated continuous wave (FMCW) sensing technology.