Aeva Technologies (NASDAQ:AEVA) Trading 6.6% Higher – Here’s Why

Posted by Brian Himes on Aug 2nd, 2026

Aeva Technologies, Inc. (NASDAQ:AEVA – Get Free Report) was up 6.6% during trading on Friday . The company traded as high as $17.89 and last traded at $17.54. 363,545 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 2,316,814 shares. The stock had previously closed at $16.46.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on AEVA shares. Weiss Ratings upgraded shares of Aeva Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, May 11th. Wall Street Zen downgraded shares of Aeva Technologies from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. One equities research analyst has rated the stock with a Buy rating and one has assigned 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 $24.00.

Check Out Our Latest Stock Report on AEVA

Aeva Technologies Stock Performance

The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of -3.52 and a beta of 2.40. The stock has a fifty day moving average price of $22.10 and a two-hundred day moving average price of $17.69. The company has a quick ratio of 3.89, a current ratio of 4.09 and a debt-to-equity ratio of 7.32.

Aeva Technologies (NASDAQ:AEVA – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported ($0.41) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.53) by $0.12. The company had revenue of $6.26 million during the quarter. As a group, analysts forecast that Aeva Technologies, Inc. will post -2.26 EPS for the current fiscal year.

Insider Activity at Aeva Technologies

In other news, CTO Mina Rezk sold 350,000 shares of Aeva Technologies stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $24.57, for a total transaction of $8,599,500.00. Following the completion of the sale, the chief technology officer directly owned 1,706,669 shares in the company, valued at $41,932,857.33. The trade was a 17.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Saurabh Sinha sold 20,620 shares of the business’s stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $21.16, for a total transaction of $436,319.20. Following the completion of the transaction, the chief financial officer directly owned 658,202 shares of the company’s stock, valued at approximately $13,927,554.32. This represents a 3.04% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 891,360 shares of company stock valued at $20,457,348. 36.70% of the stock is owned by insiders.

Institutional Trading of Aeva Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of AEVA. Duquesne Family Office LLC acquired a new position in Aeva Technologies in the 3rd quarter valued at $26,670,000. Millennium Management LLC acquired a new stake in shares of Aeva Technologies during the third quarter worth $25,751,000. Delta Global Management LP boosted its holdings in shares of Aeva Technologies by 29.7% during the fourth quarter. Delta Global Management LP now owns 1,623,148 shares of the company’s stock worth $21,555,000 after purchasing an additional 372,159 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Aeva Technologies by 12.5% in the third quarter. Vanguard Group Inc. now owns 1,576,930 shares of the company’s stock valued at $22,865,000 after purchasing an additional 175,482 shares during the period. Finally, Handelsbanken Fonder AB grew its position in shares of Aeva Technologies by 158.3% in the fourth quarter. Handelsbanken Fonder AB now owns 1,445,409 shares of the company’s stock valued at $19,202,000 after purchasing an additional 885,774 shares during the period. 62.92% of the stock is owned by hedge funds and other institutional investors.

About Aeva Technologies

(Get Free Report)

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.