Aeva Technologies Inc (NASDAQ:AEVA) has seen 3.94 million shares traded in the last trading session. The company, currently valued at $367.13M, closed the last trade at $6.71 per share which meant it gained $0.33 on the day or 5.17% during that session. The AEVA stock price is 3.87% off its 52-week high price of $6.45 and 67.21% above the 52-week low of $2.20. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.28 million shares traded. The 3-month trading volume is 645.69K shares.
The consensus among analysts is that Aeva Technologies Inc (AEVA) is Hold stock at the moment, with a recommendation rating of 1.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 4 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.47.
Aeva Technologies Inc (NASDAQ:AEVA) trade information
Sporting 5.17% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the AEVA stock price touched $6.71 or saw a rise of 5.09%. Year-to-date, Aeva Technologies Inc shares have moved 41.26%, while the 5-day performance has seen it change 60.14%. Over the past 30 days, the shares of Aeva Technologies Inc (NASDAQ:AEVA) have changed 90.62%. Short interest in the company has seen 2.79 million shares shorted with days to cover at 8.98.
Wall Street analysts have a consensus price target for the stock at $5.61, which means that the shares’ value could drop -19.61% from current levels. The projected low price target is $5.22 while the price target rests at a high of $6.0. In that case, then, we find that the current price level is 10.58% off the targeted high while a plunge would see the stock lose 22.21% from current levels.
Aeva Technologies Inc (AEVA) estimates and forecasts
The company’s shares have gained 111.01% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 73.36%.
3 analysts offering their estimates for the company have set an average revenue estimate of 2.33M for the current quarter. 3 have an estimated revenue figure of 2.63M for the next ending quarter. Year-ago sales stood 2.11M and 2.01M respectively for this quarter and the next, and analysts expect sales will grow by 10.74% for the current quarter and 73.36% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -678.17% over the past 5 years. Earnings growth for 2025 is a modest 19.93% while over the next 5 years, the company’s earnings are expected to increase by 31.75%.
AEVA Dividends
Aeva Technologies Inc is expected to release its next earnings report on 2025-Mar-18 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Aeva Technologies Inc (NASDAQ:AEVA)’s Major holders
Insiders own 33.95% of the company shares, while shares held by institutions stand at 51.77% with a share float percentage of 78.39%. Investors are also buoyed by the number of investors in a company, with Aeva Technologies Inc having a total of 116.0 institutions that hold shares in the company. The top two institutional holders are SYLEBRA CAPITAL LLC with over 10.38 million shares worth more than $26.16 million. As of 2024-06-30, SYLEBRA CAPITAL LLC held 19.5854% of shares outstanding.
The other major institutional holder is CANAAN PARTNERS XI LLC, with the holding of over 3.7 million shares as of 2024-06-30. The firm’s total holdings are worth over $9.32 million and represent 6.9762% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . As of Dec 31, 2024 , the former fund manager holds about 1.41% shares in the company for having 759.24 shares of worth $5.09 million while later fund manager owns 575.17 shares of worth $3.86 million as of Feb 28, 2025 , which makes it owner of about 1.07% of company’s outstanding stock.