Cantor Fitzgerald Has Optimistic View of EVE FY2026 Earnings

Key Points

• Cantor Fitzgerald analysts have raised their FY2026 earnings per share estimate for Eve Holding, now predicting a loss of ($0.72), up from ($0.74), while maintaining an "Overweight" rating and a $5.00 price target.
• HC Wainwright also increased their price target for EVE from $6.00 to $8.00, affirming a "buy" rating on the stock.
• Eve Holding has seen significant increases in institutional investments, with companies like American Century and Pinnacle Associates increasing their stakes by over 1,000% and 400%, respectively.

Eve Holding, Inc. (NYSE:EVEX - Free Report) - Analysts at Cantor Fitzgerald increased their FY2026 earnings per share (EPS) estimates for shares of EVE in a research report issued on Thursday, August 7th. Cantor Fitzgerald analyst A. Sheppard now anticipates that the company will post earnings per share of ($0.72) for the year, up from their prior estimate of ($0.74). Cantor Fitzgerald currently has a "Overweight" rating and a $5.00 target price on the stock. The consensus estimate for EVE's current full-year earnings is ($0.50) per share.

Separately, HC Wainwright lifted their price target on EVE from $6.00 to $8.00 and gave the company a "buy" rating in a research report on Monday, June 9th.

EVE Trading Down 0.3%

NYSE EVEX opened at $5.87 on Monday. The company has a quick ratio of 2.77, a current ratio of 2.77 and a debt-to-equity ratio of 11.46. EVE has a twelve month low of $2.33 and a twelve month high of $7.70. The firm has a market capitalization of $1.75 billion, a PE ratio of -9.32 and a beta of 0.85. The stock's 50 day moving average is $6.29 and its 200 day moving average is $4.82.

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

Institutional Investors Weigh In On EVE

Hedge funds have recently made changes to their positions in the company. American Century Companies Inc. boosted its holdings in EVE by 1,292.4% in the first quarter. American Century Companies Inc. now owns 379,694 shares of the company's stock worth $1,261,000 after acquiring an additional 352,424 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of EVE by 29.0% in the fourth quarter. Geode Capital Management LLC now owns 1,096,885 shares of the company's stock worth $5,969,000 after purchasing an additional 246,863 shares during the last quarter. Northern Trust Corp raised its stake in shares of EVE by 89.7% in the fourth quarter. Northern Trust Corp now owns 420,000 shares of the company's stock worth $2,285,000 after purchasing an additional 198,627 shares during the last quarter. Pinnacle Associates Ltd. raised its stake in shares of EVE by 432.2% in the second quarter. Pinnacle Associates Ltd. now owns 226,945 shares of the company's stock worth $1,557,000 after purchasing an additional 184,305 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of EVE by 380.2% in the fourth quarter. JPMorgan Chase & Co. now owns 186,462 shares of the company's stock worth $1,014,000 after purchasing an additional 147,632 shares during the last quarter. 1.27% of the stock is currently owned by institutional investors.

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.

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