Brokers Set Expectations for EVE's Q3 Earnings (NYSE:EVEX)

Key Points

• HC Wainwright revised EVE's Q3 2025 earnings per share estimate down to ($0.15), compared to a previous estimate of ($0.12), maintaining a "Buy" rating with a target price of $8.00.
• The company recently reported ($0.21) earnings per share for a prior quarter, which was lower than the analysts' consensus estimate of ($0.15).
• Institutional investors have significantly increased their positions in EVE, with Summit Investment Advisors raising their stake by 257.5% during the last quarter.

Eve Holding, Inc. (NYSE:EVEX - Free Report) - Equities researchers at HC Wainwright reduced their Q3 2025 earnings per share estimates for EVE in a research note issued on Thursday, August 7th. HC Wainwright analyst A. Dayal now forecasts that the company will post earnings of ($0.15) per share for the quarter, down from their prior forecast of ($0.12). HC Wainwright currently has a "Buy" rating and a $8.00 target price on the stock. The consensus estimate for EVE's current full-year earnings is ($0.50) per share. HC Wainwright also issued estimates for EVE's FY2025 earnings at ($0.65) EPS and FY2028 earnings at ($0.46) EPS.

EVEX has been the subject of several other reports. Cantor Fitzgerald reissued an "overweight" rating and issued a $5.00 price objective on shares of EVE in a research note on Monday, June 23rd. BTIG Research started coverage on shares of EVE in a research report on Tuesday. They issued a "neutral" rating for the company. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $6.67.

EVE Stock Down 1.5%

Shares of EVEX traded down $0.09 during mid-day trading on Monday, reaching $5.91. The company's stock had a trading volume of 258,294 shares, compared to its average volume of 303,578. EVE has a 1 year low of $2.33 and a 1 year high of $7.70. The company has a quick ratio of 2.77, a current ratio of 2.77 and a debt-to-equity ratio of 11.46. The company has a market cap of $1.76 billion, a price-to-earnings ratio of -9.38 and a beta of 0.85. The business has a fifty day moving average of $6.31 and a 200 day moving average of $4.82.

EVE (NYSE:EVEX - Get Free Report) last announced its earnings results on Wednesday, August 6th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.06).

Institutional Investors Weigh In On EVE

Institutional investors have recently made changes to their positions in the company. Summit Investment Advisors Inc. increased its position in EVE by 257.5% during the fourth quarter. Summit Investment Advisors Inc. now owns 5,345 shares of the company's stock worth $29,000 after buying an additional 3,850 shares during the last quarter. Legal & General Group Plc lifted its position in shares of EVE by 118.0% during the 4th quarter. Legal & General Group Plc now owns 5,545 shares of the company's stock worth $30,000 after purchasing an additional 3,001 shares during the last quarter. BNP Paribas Financial Markets acquired a new position in EVE in the 4th quarter valued at approximately $34,000. KLP Kapitalforvaltning AS acquired a new position in EVE in the 1st quarter valued at approximately $39,000. Finally, Arizona State Retirement System acquired a new position in EVE in the 1st quarter valued at approximately $57,000. 1.27% of the stock is currently owned by institutional investors and hedge funds.

About EVE

Eve Holding, Inc is a special purpose acquisition company focused on the aviation sector. The company was founded on 7th August, 2020 and is headquartered in Melbourne, FL.