HC Wainwright Issues Pessimistic Forecast for EVE Earnings

Key Points

• HC Wainwright lowered EVE’s Q3 2026 EPS forecast to a loss of $0.18 per share from $0.17, while projecting continued losses through 2029 before a projected profit of $0.13 per share in 2030.
• Analyst sentiment remains mixed: EVE has an average “Hold” rating and a consensus price target of $5.82, with individual targets ranging from $5.00 to $7.25.
• EVE shares opened at $2.63 and remain well below their 52-week high of $6.20. The company recently reported a quarterly loss of $0.10 per share, beating the consensus estimate for a $0.18 loss.

Eve Holding, Inc. (NYSE:EVEX - Free Report) - Equities research analysts at HC Wainwright cut their Q3 2026 EPS estimates for shares of EVE in a research report issued to clients and investors on Wednesday, August 5th. HC Wainwright analyst A. Dayal now expects that the company will post earnings of ($0.18) per share for the quarter, down from their previous estimate of ($0.17). The consensus estimate for EVE's current full-year earnings is ($0.73) per share. HC Wainwright also issued estimates for EVE's FY2026 earnings at ($0.69) EPS, FY2027 earnings at ($0.66) EPS, FY2028 earnings at ($0.82) EPS, FY2029 earnings at ($0.59) EPS and FY2030 earnings at $0.13 EPS.

Several other analysts have also recently commented on EVEX. Canaccord Genuity Group lowered their target price on shares of EVE from $7.50 to $7.25 and set a "buy" rating for the company in a research note on Wednesday, May 6th. Weiss Ratings reissued a "sell (e+)" rating on shares of EVE in a research note on Tuesday, July 21st. Finally, Jefferies Financial Group set a $5.00 price objective on EVE in a report on Wednesday. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $5.82.

EVE Stock Performance

Shares of EVEX opened at $2.63 on Friday. The company has a debt-to-equity ratio of 13.65, a quick ratio of 3.80 and a current ratio of 3.48. The company has a market capitalization of $917.77 million, a price-to-earnings ratio of -4.25 and a beta of 1.14. The company's 50 day simple moving average is $2.62 and its 200 day simple moving average is $2.92. EVE has a 1 year low of $2.10 and a 1 year high of $6.20.

EVE (NYSE:EVEX - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.08.

Institutional Trading of EVE

Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in shares of EVE by 117.6% in the third quarter. Vanguard Group Inc. now owns 5,226,742 shares of the company's stock worth $19,914,000 after buying an additional 2,824,536 shares during the period. BW Gestao de Investimentos Ltda. raised its holdings in shares of EVE by 49.7% during the 4th quarter. BW Gestao de Investimentos Ltda. now owns 3,686,140 shares of the company's stock valued at $14,708,000 after buying an additional 1,223,719 shares during the period. Masters Capital Management LLC lifted its position in EVE by 52.5% during the 3rd quarter. Masters Capital Management LLC now owns 3,050,000 shares of the company's stock worth $11,620,000 after acquiring an additional 1,050,000 shares in the last quarter. SPX Gestao de Recursos Ltda lifted its position in EVE by 383.1% during the 4th quarter. SPX Gestao de Recursos Ltda now owns 2,845,692 shares of the company's stock worth $11,354,000 after acquiring an additional 2,256,701 shares in the last quarter. Finally, United Airlines Holdings Inc. acquired a new position in EVE during the 4th quarter worth approximately $10,589,000. 1.27% of the stock is currently owned by institutional investors and hedge funds.

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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