Aeva Technologies, Inc. (NASDAQ:AEVA) Given Average Rating of "Hold" by Analysts

Key Points

• Consensus "Hold": Five analysts cover Aeva with a consensus rating of "Hold" (1 sell, 1 hold, 3 buy) and an average 12‑month price target of $26.50.
• CFO insider sale: CFO Saurabh Sinha sold 32,079 shares at an average $13.94 on March 3, reducing his stake by 5.11%; company insiders collectively own 27.20% of the stock.
• Trading and valuation: AEVA opened at $15.24, trades in a 1‑year range of $7.50–$38.80, has a market cap of about $960M, a negative P/E (-3.01) and a high debt‑to‑equity ratio (7.32), with institutions holding 62.92%.

Shares of Aeva Technologies, Inc. (NASDAQ:AEVA - Get Free Report) have received a consensus recommendation of "Hold" from the five analysts that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $26.50.

AEVA has been the topic of a number of research analyst reports. Wall Street Zen raised Aeva Technologies from a "sell" rating to a "hold" rating in a report on Saturday, April 4th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Aeva Technologies in a research note on Friday, March 27th.

Insider Transactions at Aeva Technologies

In other Aeva Technologies news, CFO Saurabh Sinha sold 32,079 shares of the company's stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $13.94, for a total value of $447,181.26. Following the transaction, the chief financial officer owned 595,677 shares of the company's stock, valued at approximately $8,303,737.38. This represents a 5.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 27.20% of the company's stock.

Institutional Investors Weigh In On Aeva Technologies

Hedge funds have recently made changes to their positions in the company. Quantbot Technologies LP boosted its holdings in shares of Aeva Technologies by 122.8% during the third quarter. Quantbot Technologies LP now owns 2,099 shares of the company's stock worth $30,000 after purchasing an additional 1,157 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Aeva Technologies during the fourth quarter valued at $33,000. Jones Financial Companies Lllp grew its stake in Aeva Technologies by 27,345.0% in the first quarter. Jones Financial Companies Lllp now owns 5,489 shares of the company's stock valued at $38,000 after purchasing an additional 5,469 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in Aeva Technologies in the fourth quarter valued at about $47,000. Finally, KLP Kapitalforvaltning AS acquired a new position in Aeva Technologies in the 3rd quarter worth about $57,000. Hedge funds and other institutional investors own 62.92% of the company's stock.

Aeva Technologies Stock Down 3.1%

Shares of AEVA stock opened at $15.24 on Wednesday. Aeva Technologies has a 1 year low of $7.50 and a 1 year high of $38.80. The company has a debt-to-equity ratio of 7.32, a quick ratio of 4.12 and a current ratio of 4.28. The business's fifty day moving average is $14.51 and its 200-day moving average is $14.36. The stock has a market cap of $959.82 million, a PE ratio of -3.01 and a beta of 2.20.

Aeva Technologies Company Profile

Aeva Technologies, Inc is a technology company specializing in the development and commercialization of advanced sensing and perception solutions based on frequency-modulated continuous wave (FMCW) LiDAR. Headquartered in Mountain View, California, Aeva's core products include solid-state LiDAR sensors and perception software designed to provide high-resolution, long-range 4D data for automotive, industrial and robotic applications. The company's FMCW approach enables simultaneous measurement of both object velocity and distance, distinguishing Aeva's systems from traditional time-of-flight LiDAR solutions.

Founded in 2016 by Soroush Salehian and Mina Rezk, Aeva began as Aeon Imaging before adopting its current name in 2019.

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