NYSE:EVEX

EVE (EVEX) Stock Forecast, Price & News

$8.37

+0.25 (+3.08%)

(As of 05/26/2023 ET)

Compare

Today's Range: $8.00
▼
$8.39
50-Day Range: $5.99
▼
$9.15
52-Week Range: $5.10
▼
$13.34

Volume: 24,285 shs
Average Volume: 42,114 shs
Market Capitalization: $2.25 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.43

EVE MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 11.2% Downside
$7.43 Price Target
Short Interest: Bearish
0.81% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.04
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($0.46) to ($0.57) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

0.73 out of 5 stars

Aerospace Sector

46th out of 46 stocks

Aircraft Industry

10th out of 10 stocks

1.2

Analyst's Opinion

Consensus Rating
EVE has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.43, EVE has a forecasted downside of 11.2% from its current price of $8.37.
Amount of Analyst Coverage
EVE has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
0.81% of the float of EVE has been sold short.
Short Interest Ratio / Days to Cover
EVE has a short interest ratio ("days to cover") of 5.7.
Change versus previous month
Short interest in EVE has recently increased by 24.97%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
EVE does not currently pay a dividend.
Dividend Growth
EVE does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EVEX.

1.1

News and Social Media Coverage

News Sentiment
EVE has a news sentiment score of -0.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for EVE this week, compared to 1 article on an average week.
Search Interest
Only 4 people have searched for EVEX on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added EVE to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, EVE insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.80% of the stock of EVE is held by insiders.

0.0

Earnings and Valuation

Earnings Growth
Earnings for EVE are expected to decrease in the coming year, from ($0.46) to ($0.57) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of EVE is -23.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of EVE is -23.91, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
EVE has a P/B Ratio of 8.54. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About EVE (NYSE:EVEX) Stock

Eve Holding, Inc. develops urban air mobility solutions. It is involved in the design and production of eVTOLs; provision of eVTOL service and support capabilities, including material services, maintenance, technical support, training, ground handling, and data services; and development of urban air traffic management systems. The company is based in Melbourne, Florida.

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EVEX Stock News Headlines

May 24, 2023 | americanbankingnews.com

Eve Holding, Inc. (NYSE:EVEX) Receives Consensus Rating of "Hold" from Analysts

May 17, 2023 | americanbankingnews.com

Analysts Set Expectations for Eve Holding, Inc.'s FY2023 Earnings (NYSE:EVEX)

May 28, 2023 | Altimetry (Ad)

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May 15, 2023 | msn.com

Flying car's wind tunnel tests completed by Brazil's upstart Eve

May 14, 2023 | seekingalpha.com

Eve Holding, Inc. (EVEX) Q1 2023 Earnings Call Transcript

May 9, 2023 | msn.com

Eve Holding Stock: A High-Risk, High Reward eVTOL Future Bet

May 9, 2023 | finance.yahoo.com

Eve Holding, Inc. Reports First Quarter 2023 Results

May 9, 2023 | americanbankingnews.com

Head to Head Review: Mobilicom (NASDAQ:MOB) vs. EVE (NYSE:EVEX)

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May 1, 2023 | americanbankingnews.com

Eve Holding, Inc. (NYSE:EVEX) Receives Average Recommendation of "Hold" from Analysts

April 24, 2023 | msn.com

TD Cowen Initiates Coverage of Eve Holding (EVEX) with Market Perform Recommendation

April 24, 2023 | msn.com

Eve Holding stock slips as TD Cowen says it’s ‘late to the party’

April 24, 2023 | americanbankingnews.com

EVE (NYSE:EVEX) Coverage Initiated by Analysts at TD Cowen

April 18, 2023 | americanbankingnews.com

Eve Holding, Inc. (NYSE:EVEX) Short Interest Up 90.1% in March

April 15, 2023 | americanbankingnews.com

EVE (NYSE:EVEX) Trading Down 2.4%

April 10, 2023 | americanbankingnews.com

Head to Head Review: EVE (NYSE:EVEX) and AERWINS Technologies (NASDAQ:AWIN)

March 31, 2023 | americanbankingnews.com

EVE (NYSE:EVEX) Stock Price Down 3.8%

March 22, 2023 | seekingalpha.com

Investing In Tomorrow's Skyways: Uncovering The Value Of Eve

March 20, 2023 | insidermonkey.com

Eve Holding, Inc. (NYSE:EVEX) Q4 2022 Earnings Call Transcript

March 19, 2023 | seekingalpha.com

Eve Holding Stock: Bet On eVTOL Future

March 17, 2023 | markets.businessinsider.com

Analysts Conflicted on These Technology Names: Eve Holding (EVEX), SentinelOne (S) and Sportradar Group AG (SRAD)

March 17, 2023 | markets.businessinsider.com

Raymond James Sticks to Its Hold Rating for Eve Holding (EVEX)

March 16, 2023 | seekingalpha.com

Eve Holding, Inc. (EVEX) Q4 2022 Earnings Call Transcript

March 16, 2023 | finance.yahoo.com

Eve Holding, Inc. Reports Fourth Quarter and FY2022 Results

March 3, 2023 | investorplace.com

REVE Stock Alert: What Is Going on With the Two Bit Circus SPAC Merger?

March 1, 2023 | msn.com

JP Morgan Initiates Coverage of Eve Holding (EVEX) with Overweight Recommendation

March 1, 2023 | cnbc.com

JPMorgan says electric flying vehicles will be a $1 trillion market and it has a new favorite way to play it

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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EVEX Company Calendar

Last Earnings: 3/16/2023
Today: 5/28/2023
Next Earnings (Estimated): 8/03/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Aircraft
Sub-Industry: N/A
Sector: Aerospace
Current Symbol: NYSE:EVEX
CUSIP: N/A
CIK: 1823652
Web: www.zaniteacquisition.com
Phone: N/A
Fax: N/A
Employees: 3
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $7.43
High Stock Price Forecast: $8.00
Low Stock Price Forecast: $7.00
Forecasted Upside/Downside: -11.2%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.35)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-174,030,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -28.71%
Return on Assets: -26.18%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 8.99
Quick Ratio: 8.99

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.98 per share
Price / Book: 8.54

Miscellaneous

Outstanding Shares: 269,090,000
Free Float: 261,559,000
Market Cap: $2.25 billion
Optionable: Optionable
Beta: 0.50

Key Executives

Mr. Gerard J. DeMuro (Age 67)
Co-Chief Exec. Officer
Comp: $113.85k

Mr. Andre Duarte Stein (Age 48)
Co-Chief Exec. Officer
Comp: $124.6k

Mr. Eduardo Siffert Couto (Age 41)
Chief Financial Officer
Comp: $218.5k

Mr. Luiz Valentini
Chief Technology Officer

Mr. Lucio Aldworth
Director of Investor Relations

Ms. Flavia Maffei Pavie
Gen. Counsel & Chief Compliance Officer

Ms. Luana Campos
Head of Employee Journey

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

EVEX Stock - Frequently Asked Questions

Should I buy or sell EVE stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for EVE in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" EVEX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EVEX, but not buy additional shares or sell existing shares.
View EVEX analyst ratings or view top-rated stocks.
What is EVE's stock price forecast for 2023?: 6 equities research analysts have issued twelve-month price objectives for EVE's stock. Their EVEX share price forecasts range from $7.00 to $8.00. On average, they anticipate the company's stock price to reach $7.43 in the next year. This suggests that the stock has a possible downside of 11.2%.
View analysts price targets for EVEX or view top-rated stocks among Wall Street analysts.
How have EVEX shares performed in 2023?: EVE's stock was trading at $7.20 on January 1st, 2023. Since then, EVEX stock has increased by 16.3% and is now trading at $8.37.
View the best growth stocks for 2023 here.
Are investors shorting EVE?: EVE saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 197,200 shares, an increase of 25.0% from the April 30th total of 157,800 shares. Based on an average trading volume of 34,800 shares, the short-interest ratio is presently 5.7 days. Currently, 0.8% of the company's shares are short sold.
View EVE's Short Interest.
When is EVE's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our EVEX earnings forecast.
How were EVE's earnings last quarter?: Eve Holding, Inc. (NYSE:EVEX) announced its quarterly earnings results on Thursday, March, 16th. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.03.

What is EVE's stock symbol?: EVE trades on the New York Stock Exchange (NYSE) under the ticker symbol "EVEX."
Who are EVE's major shareholders?: EVE's stock is owned by many different retail and institutional investors. Top institutional investors include Wellspring Financial Advisors LLC (0.03%), Susquehanna International Group LLP (0.00%), Simplex Trading LLC (0.00%), UBS Group AG (0.01%), Cubist Systematic Strategies LLC (0.01%) and Two Sigma Securities LLC (0.00%).
How do I buy shares of EVE?: Shares of EVEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is EVE's stock price today?: One share of EVEX stock can currently be purchased for approximately $8.37.
How much money does EVE make?: EVE (NYSE:EVEX) has a market capitalization of $2.25 billion. The company earns $-174,030,000.00 in net income (profit) each year or ($0.35) on an earnings per share basis.
How can I contact EVE?: EVE's mailing address is 25101 CHAGRIN BOULEVARD SUITE 350, CLEVELAND OH, 44122. The official website for the company is www.zaniteacquisition.com. The company can be reached via email at investors@eveairmobility.com.

This page (NYSE:EVEX) was last updated on 5/28/2023 by MarketBeat.com Staff

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