Polar Asset Management Partners Inc. Invests $2.57 Million in Eve Holding, Inc. $EVEX

Key Points

• Polar Asset Management Partners acquired 673,988 shares of Eve Holding (NYSE:EVEX) in Q3 — about $2.57 million — bringing its ownership to roughly 0.19% per the firm's latest 13F filing.
• Eve missed Q4 EPS (reported $(0.18) vs. $(0.14) expected), which prompted a share gap down and renewed near‑term profitability concerns, even as the company noted a pro‑forma liquidity runway (~$641M) and achieved its first eVTOL flight milestone.
• Analyst views are mixed: the consensus rating is a Hold with an average target of $6.67, while the stock trades around $2.46 (market cap ≈ $855M) with a 52‑week range of $2.38–$7.70.

Polar Asset Management Partners Inc. acquired a new stake in Eve Holding, Inc. (NYSE:EVEX - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 673,988 shares of the company's stock, valued at approximately $2,568,000. Polar Asset Management Partners Inc. owned 0.19% of EVE as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in EVEX. BNP Paribas Financial Markets increased its position in EVE by 144.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 5,276 shares of the company's stock worth $36,000 after purchasing an additional 3,121 shares during the period. Canal Insurance CO acquired a new stake in shares of EVE in the 3rd quarter valued at approximately $38,000. Schonfeld Strategic Advisors LLC purchased a new stake in shares of EVE in the third quarter valued at approximately $42,000. Avidian Wealth Enterprises LLC purchased a new stake in shares of EVE in the third quarter valued at approximately $49,000. Finally, AXQ Capital LP grew its holdings in EVE by 32.6% during the third quarter. AXQ Capital LP now owns 14,211 shares of the company's stock worth $54,000 after acquiring an additional 3,490 shares during the period. Hedge funds and other institutional investors own 1.27% of the company's stock.

EVE Stock Performance

EVEX opened at $2.46 on Friday. Eve Holding, Inc. has a 1-year low of $2.38 and a 1-year high of $7.70. The stock has a market cap of $855.08 million, a P/E ratio of -3.56 and a beta of 0.88. The stock's 50 day simple moving average is $3.48 and its 200 day simple moving average is $3.99. The company has a debt-to-equity ratio of 1.49, a current ratio of 3.29 and a quick ratio of 5.21.

EVE (NYSE:EVEX - Get Free Report) last posted its earnings results on Monday, March 16th. The company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.04). As a group, equities analysts anticipate that Eve Holding, Inc. will post -0.5 EPS for the current fiscal year.

EVE News Roundup

Here are the key news stories impacting EVE this week:

• Positive Sentiment: Company reached its first eVTOL flight milestone and reported strong pro‑forma liquidity (~$641M, ~2.5 years of projected burn), supporting runway for certification and development — a longer‑term positive for delivery prospects. Seeking Alpha: First Flight Achieved
• Positive Sentiment: Canaccord Genuity reiterated a "buy" rating with a $7.50 price target, signaling continued analyst conviction about upside versus current levels. Benzinga: Canaccord Rating
• Neutral Sentiment: Cantor Fitzgerald trimmed its price target from $7.00 to $6.00 but kept an "overweight" stance — reducing implied upside but maintaining a constructive view. Benzinga: Cantor PT Cut
• Negative Sentiment: Q4 2025 results and call highlights showed a miss on EPS (reported loss wider than consensus) and raised concerns about near‑term profitability, which prompted downward pressure on the shares. Yahoo Finance: Q4 2025 Earnings Call Highlights
• Negative Sentiment: Shares gapped down following the disappointing earnings release, reflecting immediate market reaction to the miss and near‑term execution risk. American Banking News: Shares Gap Down
• Negative Sentiment: HC Wainwright issued near‑term quarterly EPS estimates that imply continued losses through 2026 and trimmed a long‑term FY2030 EPS view — reinforcing concerns about multi‑year path to sustained profitability. MarketBeat: HC Wainwright Estimates

Wall Street Analysts Forecast Growth

A number of research firms have commented on EVEX. Cantor Fitzgerald reduced their target price on EVE from $7.00 to $6.00 and set an "overweight" rating for the company in a report on Wednesday. Canaccord Genuity Group reaffirmed a "buy" rating and set a $7.50 price target on shares of EVE in a research note on Wednesday. Finally, The Goldman Sachs Group assumed coverage on shares of EVE in a report on Monday, December 1st. They issued a "neutral" rating and a $4.84 price target for the company. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $6.67.

EVE Company Profile

Eve Holding, Inc NYSE: EVEX is the publicly traded parent of Eve Air Mobility, a company dedicated to developing sustainable urban air mobility solutions. Through its engineering and design capabilities, Eve focuses on creating electric vertical takeoff and landing (eVTOL) aircraft tailored for short-haul passenger and cargo transport in densely populated areas.

The company’s flagship offering is an eVTOL aircraft designed to deliver clean, quiet and efficient point-to-point service, backed by an integrated digital platform for air traffic management.

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