Aeva Technologies Inc (NASDAQ: AEVA) Has Dropped -38.02% So Far This Year. Does That Mean Trouble Ahead?

During the last session, Aeva Technologies Inc (NASDAQ:AEVA)’s traded shares were 0.45 million. At the end of the trading day, the stock’s price was $3.13, reflecting an intraday gain of 1.29% or $0.04. The 52-week high for the AEVA share is $7.25, that puts it down -131.63 from that peak though still a striking 29.71% gain since the share price plummeted to a 52-week low of $2.20. The company’s market capitalization is $168.66M, and the average trade volume was 413.72K shares over the past three months.

Aeva Technologies Inc (AEVA) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 1.50. AEVA has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it.

Aeva Technologies Inc (NASDAQ:AEVA) trade information

Aeva Technologies Inc (AEVA) registered a 1.29% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.29% in intraday trading to $3.13, hitting a weekly high. The stock’s 5-day price performance is -12.57%, and it has moved by -21.95% in 30 days. Based on these gigs, the overall price performance for the year is -38.02%.

The consensus price target of analysts on Wall Street is $4.75, which implies an increase of 34.11% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4.5 and $5 respectively. As a result, AEVA is trading at a discount of -59.74% off the target high and -43.77% off the low.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -1246.62%. While earnings are projected to return 11.18% in 2025, the next five years will return 7.98% per annum.

AEVA Dividends

Aeva Technologies Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

The next largest institutional holding, with 3.7 million shares, is of CANAAN PARTNERS XI LLC’s that is approximately 6.9762% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $9.32 million.

Also, the Mutual Funds coming in first place with the largest holdings of Aeva Technologies Inc (AEVA) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 759.24 shares. This amounts to just over 1.41 percent of the company’s overall shares, with a $2.38 million market value. The same data shows that the other fund manager holds slightly less at 605.49, or about 1.12% of the stock, which is worth about $1.9 million.