Aeva Technologies (AEVA) to Release Earnings on Wednesday

Aeva Technologies (NYSE:AEVAGet Free Report) is set to issue its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of ($0.72) per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Aeva Technologies (NYSE:AEVAGet Free Report) last released its quarterly earnings data on Wednesday, August 7th. The company reported ($0.67) earnings per share for the quarter, topping the consensus estimate of ($0.70) by $0.03. The business had revenue of $2.01 million for the quarter, compared to analyst estimates of $1.58 million. Aeva Technologies had a negative net margin of 2,399.43% and a negative return on equity of 66.27%. On average, analysts expect Aeva Technologies to post $-3 EPS for the current fiscal year and $-3 EPS for the next fiscal year.

Aeva Technologies Stock Performance

Shares of NYSE AEVA opened at $3.94 on Monday. The firm has a 50 day moving average price of $3.32 and a 200 day moving average price of $3.16. The stock has a market cap of $211.37 million, a P/E ratio of -1.25 and a beta of 1.37. Aeva Technologies has a 52-week low of $2.20 and a 52-week high of $7.25.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Roth Mkm lowered their price objective on shares of Aeva Technologies from $7.50 to $5.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Westpark Capital restated a “hold” rating on shares of Aeva Technologies in a report on Wednesday, August 7th. Finally, Craig Hallum cut their price objective on Aeva Technologies from $7.00 to $5.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $10.03.

View Our Latest Stock Report on Aeva Technologies

Insider Activity at Aeva Technologies

In other Aeva Technologies news, CEO Soroush Salehian Dardashti sold 85,601 shares of the stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $2.84, for a total transaction of $243,106.84. Following the completion of the transaction, the chief executive officer now owns 4,379,207 shares in the company, valued at approximately $12,436,947.88. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 29.10% of the stock is currently owned by insiders.

About Aeva Technologies

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Aeva Technologies, Inc engages in the design, development, manufacture, and sale of LiDAR sensing systems, and related perception and autonomy-enabling software solutions in North America, Europe, the Middle East, Africa, and Asia. The company develops its products using frequency modulated continuous wave (FMCW) sensing technology.

See Also

Earnings History for Aeva Technologies (NYSE:AEVA)

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