Streetbeat News

AEVA

Aeva Technologies, Inc.

https://www.aeva.com

Industry

Auto - Parts

Aeva Technologies, Inc., through its frequency modulated continuous wave (FMCW) sensing technology, designs a 4D LiDAR-on-chip that enables the adoption of LiDAR across various applications. from automated driving to consumer electronics, consumer health, industrial automation, and security application. The company was founded in 2017 is based in Mountain View, California.

Open

2.65

Mkt cap

147M

Volume

226K

High

2.73

P/E Ratio

-0.87

52-wk high

5.54

Low

2.64

Div yield

N/A

52-wk low

2.20

Tech sector shares are trading lower due to market weakness, influenced by August's ISM Manufacturing PMI data indicating economic contraction.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 7:06 pm

Craig-Hallum analyst Richard Shannon maintains a Buy rating on Aeva Technologies (NYSE:AEVA) but lowers the price target from $7 to $5.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 4:01 pm

Roth MKM analyst Suji Desilva maintains a Buy rating on Aeva Technologies (NYSE:AEVA) but lowers the price target from $7.5 to $5.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 2:36 pm

Aeva Technologies (NYSE:AEVA) reported Q2 2024 adjusted EPS of $(0.57), beating the $(0.58) estimate, and sales of $2.012M, surpassing the $1.575M estimate. This represents a 13.64% improvement in EPS and a 170.79% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 8:28 pm

WestPark Capital analyst Kevin Garrigan has reiterated a Hold rating on Aeva Technologies (NYSE:AEVA).

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:33 am

Comcast Corporation (NASDAQ:CMCSA) shares fell 6.1% after reporting worse-than-expected Q2 sales results. Other notable stock movements include Azitra, Inc. (NYSE:AZTR) jumping 529% due to a new patent, and Adial Pharmaceuticals, Inc. (NASDAQ:ADIL) rising 148% after advancing a study. General Motors Company (NYSE:GM) fell 6.1% after delaying EV projects.

Portfolio Pulse from Avi Kapoor

July 23, 2024 | 5:21 pm

Shares of companies within the broader technology sector are trading lower amid a selloff in chips and AI-related stocks.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 7:09 pm

Digitale Schiene Deutschland has selected Aeva's 4D LiDAR technology for its automated train project, marking a significant milestone for Aeva in the transportation sector.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 11:06 am

Craig-Hallum analyst Richard Shannon maintains a Buy rating on Aeva Technologies (AEVA) but lowers the price target from $10 to $7.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 3:35 pm

Aeva Technologies reported Q1 2024 adjusted EPS of $(0.56), surpassing the $(0.61) estimate, and sales of $2.107M, exceeding the $1.700M estimate. This represents a 13.85% improvement in losses and an 83.54% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:04 pm

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