Aeva Technologies (AEVA) Stock Price, News & Analysis

Company Overview

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. It offers Aeries II, a 4D LiDAR solution that consist of 4D LiDAR sensing system with embedded software for automotive grade production across passenger car, trucking, and mobility applications; and Atlas, a FMCW 4D LiDAR with simultaneous velocity and range detection for the automotive market. The company's products are also used in industrial automation, consumer device, and security market applications. Aeva Technologies, Inc. was founded in 2017 and is headquartered in Mountain View, California.

Key Stats

• Today's Range: $3.32 to $3.66
• 50-Day Range: $2.73 to $4.48
• 52-Week Range: $2.20 to $7.25
• Volume: 451,536 shs
• Average Volume: 299,259 shs
• Market Capitalization: $185.90 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $10.53
• Consensus Rating: Moderate Buy

Aeva Technologies Stock Analysis - MarketRank™

Aeva Technologies scored higher than 48% of companies evaluated by MarketBeat, and ranked 52nd out of 88 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Aeva Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Aeva Technologies has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Aeva Technologies are expected to decrease in the coming year, from ($2.70) to ($2.72) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Aeva Technologies is -1.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Aeva Technologies is -1.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Aeva Technologies has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.13% of the float of Aeva Technologies has been sold short.

Short Interest Ratio / Days to Cover

Aeva Technologies has a short interest ratio ("days to cover") of 12.1, which indicates bearish sentiment.

Change versus previous month

Short interest in Aeva Technologies has recently increased by 22.75%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Aeva Technologies does not currently pay a dividend.

Dividend Growth

Aeva Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.13% of the float of Aeva Technologies has been sold short.

Short Interest Ratio / Days to Cover

Aeva Technologies has a short interest ratio ("days to cover") of 12.1, which indicates bearish sentiment.

Change versus previous month

Short interest in Aeva Technologies has recently increased by 22.75%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.43

News Sentiment

Aeva Technologies has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Aeva Technologies this week, compared to 2 articles on an average week.

Search Interest

5 people have searched for AEVA on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

MarketBeat Follows

2 people have added Aeva Technologies to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Aeva Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $658,186.00 in company stock.

Percentage Held by Insiders

29.10% of the stock of Aeva Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

62.92% of the stock of Aeva Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AEVA Stock Analysis - Frequently Asked Questions

How have AEVA shares performed this year?

Aeva Technologies' stock was trading at $3.7885 at the start of the year. Since then, AEVA shares have decreased by 8.9% and is now trading at $3.45.
View the best growth stocks for 2024 here.

How were Aeva Technologies' earnings last quarter?

Aeva Technologies, Inc. (NYSE:AEVA) announced its quarterly earnings results on Wednesday, November, 8th. The company reported ($0.75) earnings per share for the quarter, missing analysts' consensus estimates of ($0.70) by $0.05. The business had revenue of $0.81 million for the quarter, compared to analyst estimates of $0.95 million. Aeva Technologies had a negative net margin of 2,018.56% and a negative trailing twelve-month return on equity of 78.71%.

When did Aeva Technologies' stock split?

Aeva Technologies shares reverse split before market open on Tuesday, March 19th 2024. The 1-5 reverse split was announced on Tuesday, March 19th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, March 19th 2024. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

Who are Aeva Technologies' major shareholders?

Aeva Technologies' top institutional investors include Geode Capital Management LLC (1.14%), State Street Corp (0.84%), Charles Schwab Investment Management Inc. (0.39%) and Freedom Investment Management Inc. (0.23%). Insiders that own company stock include Mina Rezk, Soroush Salehian Dardashti, Saurabh Sinha and Stephen Paul Zadesky.
View institutional ownership trends.

How do I buy shares of Aeva Technologies?

Shares of AEVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Aeva Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Aeva Technologies investors own include Symbotic (SYM), JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR) and The RMR Group (RMR).

Company Calendar

• Last Earnings: 11/08/2023
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/04/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Auto/Tires/Trucks
• Industry: Motor vehicle parts & accessories
• Sub-Industry: Automobiles And Trucks
• Current Symbol: NYSE:AEVA
• CUSIP: N/A
• CIK: 1789029
• Web: www.aeva.ai
• Phone: 650-481-7070
• Fax: N/A
• Employees: 230
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $10.53
• High Stock Price Target: $25.00
• Low Stock Price Target: $5.10
• Potential Upside/Downside: +205.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($3.09)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-149,330,000.00
• Net Margins: -2,018.56%
• Pretax Margin: -2,016.74%
• Return on Equity: -78.71%
• Return on Assets: -66.33%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.32
• Quick Ratio: 4.26

Sales & Book Value

• Annual Sales: $7.98 million
• Price / Sales: 23.30
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.36 per share
• Price / Book: 0.79

Miscellaneous

• Outstanding Shares: 53,883,000
• Free Float: 38,203,000
• Market Cap: $185.90 million
• Optionable: Optionable
• Beta: 1.37