HC Wainwright Weighs in on 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 lowered their Q3 2025 earnings per share estimates for shares of EVE in a research report issued on Thursday, August 7th. HC Wainwright analyst A. Dayal now anticipates that the company will post earnings per share of ($0.15) for the quarter, down from their prior estimate of ($0.12). HC Wainwright currently has a "Buy" rating and a $8.00 price objective 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.

Other equities research analysts have also recently issued reports about the company. Cantor Fitzgerald reissued an "overweight" rating and issued a $5.00 target price on shares of EVE in a research note on Monday, June 23rd. BTIG Research began coverage on EVE in a research report on Tuesday. They issued a "neutral" rating on the stock. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $6.67.

EVE Price Performance

Shares of EVEX stock traded down $1.41 during trading hours on Monday, hitting $4.46. 2,772,564 shares of the company's stock were exchanged, compared to its average volume of 319,376. The stock's 50-day moving average is $6.33 and its 200-day moving average is $4.84. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of -7.09 and a beta of 0.85. EVE has a 52 week low of $2.33 and a 52 week high of $7.70. The company has a debt-to-equity ratio of 11.46, a current ratio of 2.77 and a quick ratio of 2.77.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Northern Trust Corp lifted its holdings in EVE by 89.7% during the fourth quarter. Northern Trust Corp now owns 420,000 shares of the company's stock worth $2,285,000 after acquiring an additional 198,627 shares in the last quarter. Nuveen Asset Management LLC raised its stake in shares of EVE by 161.4% in the 4th quarter. Nuveen Asset Management LLC now owns 94,129 shares of the company's stock valued at $512,000 after purchasing an additional 58,119 shares during the period. Geode Capital Management LLC raised its stake in shares of EVE by 29.0% in the 4th quarter. Geode Capital Management LLC now owns 1,096,885 shares of the company's stock valued at $5,969,000 after purchasing an additional 246,863 shares during the period. Voya Investment Management LLC acquired a new stake in shares of EVE in the 4th quarter valued at about $75,000. Finally, JPMorgan Chase & Co. raised its stake in shares of EVE by 380.2% in the 4th quarter. JPMorgan Chase & Co. now owns 186,462 shares of the company's stock valued at $1,014,000 after purchasing an additional 147,632 shares during the period. 1.27% of the stock is currently owned by institutional investors.

EVE Company Profile

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.