Aeva Technologies (NASDAQ:AEVA) Stock Rating Lowered by Wall Street Zen

Aeva Technologies (NASDAQ:AEVA) was downgraded by Wall Street Zen from a “sell” rating to a “strong sell” rating in a report issued on Saturday.

AEVA has been the topic of several other reports. Canaccord Genuity Group increased their target price on Aeva Technologies from $24.00 to $26.00 and gave the stock a “buy” rating in a research report on Thursday. Morgan Stanley lifted their price target on Aeva Technologies from $18.50 to $27.00 and gave the company an “equal weight” rating in a report on Friday. Oppenheimer reiterated an “outperform” rating and set a $42.00 price objective on shares of Aeva Technologies in a report on Thursday. Finally, Weiss Ratings raised shares of Aeva Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, May 11th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Aeva Technologies has an average rating of “Hold” and an average price target of $31.67.

Aeva Technologies Stock Performance

Shares of AEVA opened at $26.62 on Friday. The stock has a fifty day moving average of $21.57 and a two-hundred day moving average of $17.76. The company has a debt-to-equity ratio of 3.52, a quick ratio of 7.63 and a current ratio of 7.85. The company has a market capitalization of $1.68 billion, a PE ratio of -9.75 and a beta of 2.47. Aeva Technologies has a fifty-two week low of $8.83 and a fifty-two week high of $31.30.

Insider Activity

In other Aeva Technologies news, CEO Soroush Salehian Dardashti sold 225,349 shares of Aeva Technologies stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $24.57, for a total transaction of $5,536,824.93. Following the transaction, the chief executive officer directly owned 1,659,957 shares of the company’s stock, valued at $40,785,143.49. The trade was a 11.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CTO Mina Rezk sold 350,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $24.57, for a total transaction of $8,599,500.00. Following the sale, the chief technology officer owned 1,706,669 shares of the company’s stock, valued at approximately $41,932,857.33. This represents a 17.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 817,245 shares of company stock valued at $19,342,658 in the last three months. Corporate insiders own 36.70% of the company’s stock.

Institutional Trading of Aeva Technologies

Institutional investors have recently added to or reduced their stakes in the business. Quantbot Technologies LP boosted its position in shares of Aeva Technologies by 122.8% in the third quarter. Quantbot Technologies LP now owns 2,099 shares of the company’s stock worth $30,000 after buying an additional 1,157 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in shares of Aeva Technologies during the 4th quarter valued at about $33,000. Jones Financial Companies Lllp raised its holdings in shares of Aeva Technologies by 27,345.0% during the 1st quarter. Jones Financial Companies Lllp now owns 5,489 shares of the company’s stock valued at $38,000 after buying an additional 5,469 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in Aeva Technologies during the 4th quarter worth approximately $47,000. Finally, Daiwa Securities Group Inc. boosted its holdings in Aeva Technologies by 79.5% in the 4th quarter. Daiwa Securities Group Inc. now owns 4,339 shares of the company’s stock worth $58,000 after acquiring an additional 1,922 shares during the period. 62.92% of the stock is owned by hedge funds and other institutional investors.

Aeva Technologies News Summary

Here are the key news stories impacting Aeva Technologies this week:

• Positive Sentiment: Q2 results exceeded expectations: Aeva reported a quarterly loss of $0.41 per share, narrower than the $0.44–$0.53 analyst estimates, while revenue reached approximately $6.26 million. The company also posted positive gross profit, helped by sharply higher service revenue. Aeva Q2 Earnings Report
• Positive Sentiment: Service revenue growth was a key catalyst: Service revenue nearly tripled year over year, contributing to the earnings beat and signaling progress in Aeva’s commercialization efforts. AEVA Q2 Earnings Beat on Service Growth and Gross Profit
• Positive Sentiment: Longer-term growth plans gained attention: Management outlined an optical-connectivity ramp beginning in 2027 and is targeting annual volumes in the multiple millions of units, supporting the potential for significant future revenue growth. Aeva Optical Connectivity Ramp
• Positive Sentiment: Canaccord remained bullish: Canaccord Genuity raised its price target from $24 to $26 and maintained a “buy” rating, reflecting improved expectations following the quarterly update.
• Neutral Sentiment: Morgan Stanley raised its target but stayed cautious: The firm lifted its target from $18.50 to $27 while assigning an “equal weight” rating, suggesting valuation has improved but the stock’s near-term upside may be limited.
• Negative Sentiment: Profitability remains a risk: Aeva continues to report substantial losses, and operating expenses increased despite the improved gross-profit performance. Analysts still expect a full-year loss.
• Neutral Sentiment: Trading volatility was elevated: AEVA experienced a temporary limit-up/limit-down trading halt, highlighting unusually intense short-term price movement rather than a change in the company’s fundamentals.

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.