Shares of Aeva Technologies, Inc. (NASDAQ:AEVA – Get Free Report) have received an average recommendation of “Hold” from the five analysts that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $26.50.
Several equities research analysts have commented on the stock. Weiss Ratings raised shares of Aeva Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday. Wall Street Zen raised shares of Aeva Technologies from a “sell” rating to a “hold” rating in a report on Saturday, April 4th.
View Our Latest Report on AEVA
Insider Activity
Institutional Investors Weigh In On Aeva Technologies
A number of institutional investors and hedge funds have recently modified their holdings of the company. Quantbot Technologies LP bought a new position in Aeva Technologies in the 2nd quarter valued at about $36,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in Aeva Technologies in the 4th quarter valued at about $33,000. Daiwa Securities Group Inc. bought a new position in Aeva Technologies in the 2nd quarter valued at about $100,000. Caitong International Asset Management Co. Ltd bought a new position in Aeva Technologies in the 4th quarter valued at about $47,000. Finally, KLP Kapitalforvaltning AS bought a new position in Aeva Technologies in the 3rd quarter valued at about $57,000. 62.92% of the stock is owned by institutional investors.
Aeva Technologies Trading Up 22.9%
Shares of NASDAQ:AEVA opened at $19.09 on Wednesday. The company’s 50-day moving average price is $14.75 and its two-hundred day moving average price is $14.31. The company has a debt-to-equity ratio of 7.32, a current ratio of 4.09 and a quick ratio of 4.12. Aeva Technologies has a one year low of $8.83 and a one year high of $38.80. The stock has a market capitalization of $1.20 billion, a PE ratio of -3.83 and a beta of 2.20.
About Aeva Technologies
Aeva Technologies, Inc is a technology company specializing in the development and commercialization of advanced sensing and perception solutions based on frequency-modulated continuous wave (FMCW) LiDAR. Headquartered in Mountain View, California, Aeva’s core products include solid-state LiDAR sensors and perception software designed to provide high-resolution, long-range 4D data for automotive, industrial and robotic applications. The company’s FMCW approach enables simultaneous measurement of both object velocity and distance, distinguishing Aeva’s systems from traditional time-of-flight LiDAR solutions.
Founded in 2016 by Soroush Salehian and Mina Rezk, Aeva began as Aeon Imaging before adopting its current name in 2019.
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