Aeva Technologies (AEVA) Expected to Announce Earnings on Wednesday

Aeva Technologies (NYSE:AEVA) is projected to post its Q1 2025 quarterly earnings results after the market closes on Wednesday, May 14th. Analysts expect Aeva Technologies to post earnings of ($0.47) per share and revenue of $2.33 million for the quarter.

Aeva Technologies Stock Performance

Aeva Technologies stock opened at $11.12 on Monday. Aeva Technologies has a 1 year low of $2.20 and a 1 year high of $11.12. The firm has a 50 day moving average price of $6.12 and a 200 day moving average price of $4.89. The company has a market cap of $611.71 million, a price-to-earnings ratio of -3.60 and a beta of 1.07.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Canaccord Genuity Group assumed coverage on shares of Aeva Technologies in a research report on Tuesday, April 1st. They set a “buy” rating and a $9.50 price target on the stock. Morgan Stanley lifted their price target on shares of Aeva Technologies from $4.87 to $5.22 and gave the company an “equal weight” rating in a research report on Friday, March 21st. Finally, Oppenheimer lifted their price target on shares of Aeva Technologies from $6.00 to $9.00 and gave the company an “outperform” rating in a research report on Monday, April 21st. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $7.14.

Insider Buying and Selling at Aeva Technologies

In other news, major shareholder Sylebra Capital Llc bought 990,411 shares of Aeva Technologies stock in a transaction dated Monday, March 24th. The shares were acquired at an average cost of $4.36 per share, with a total value of $4,318,191.96. Following the completion of the transaction, the insider now owns 11,369,715 shares in the company, valued at approximately $49,571,957.40. This trade represents a 9.54% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Stephen Paul Zadesky sold 14,851 shares of the company’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of $3.50, for a total transaction of $51,978.50. Following the completion of the sale, the director now directly owns 83,764 shares in the company, valued at $293,174. This represents a 15.06% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have acquired 4,213,506 shares of company stock valued at $24,985,345 and have sold 652,079 shares valued at $3,947,397. 29.10% of the stock is currently owned by corporate 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.