Aeva Technologies (NASDAQ:AEVA) Shares Gap Up – Should You Buy?

Shares of Aeva Technologies, Inc. (NASDAQ:AEVA) gapped up prior to trading on Tuesday . The stock had previously closed at $13.09, but opened at $16.46. Aeva Technologies shares last traded at $17.21, with a volume of 6,168,918 shares changing hands.

Key Aeva Technologies News

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

• Positive Sentiment: Aeva announced its FMCW 4D LiDAR has been selected as a reference sensor on NVIDIA’s DRIVE Hyperion autonomous vehicle platform — a strategic win that strengthens Aeva’s OEM pipeline credibility and likely drove buying interest. Aeva and NVIDIA to Integrate 4D LiDAR
• Positive Sentiment: Unusual options activity: call open interest spiked (4,289 calls, ~158% above average), indicating short-term bullish/speculative positioning that can amplify upward price moves. (Source: market alert)
• Neutral Sentiment: Trading dynamics: volume is elevated vs. average, and the stock remains below its 200?day moving average — momentum-driven moves may be volatile and short-lived. (Market data)
• Neutral Sentiment: Analyst picture is mixed: several buy ratings coexist with hold/sell opinions and a consensus price target below the recent intraday highs, so longer-term analyst support is not unanimous. (MarketBeat/analyst summary)
• Negative Sentiment: Significant insider selling — CEO Soroush Salehian Dardashti sold 488,160 shares (~21% reduction), CTO Mina Rezk sold 321,723 shares (~17% reduction), and CFO Saurabh Sinha sold 12,147 shares (~1.7% reduction). Large insider disposals (especially by CEO/CTO) can raise concerns about near-term insider conviction. SEC filings: CEO filing, CTO filing, CFO filing
• Negative Sentiment: Fundamentals remain challenging: Aeva still posts large losses (negative EPS and margins), which keeps the stock speculative and dependent on execution and commercialization progress. (Company earnings/filings)

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Wall Street Zen cut shares of Aeva Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Aeva Technologies in a report on Monday, December 29th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a $24.00 price objective on shares of Aeva Technologies in a research note on Thursday, December 4th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $26.50.

Aeva Technologies Trading Up 23.3%

The stock has a fifty day moving average of $13.07 and a two-hundred day moving average of $17.28. The stock has a market capitalization of $969.69 million, a price-to-earnings ratio of -3.03 and a beta of 2.08.

Aeva Technologies (NASDAQ:AEVA) last posted its quarterly earnings data on Wednesday, November 5th. The company reported ($0.46) EPS for the quarter. The business had revenue of $3.58 million during the quarter. Aeva Technologies had a negative return on equity of 603.21% and a negative net margin of 1,031.15%. Equities analysts expect that Aeva Technologies, Inc. will post -2.7 earnings per share for the current year.

Insider Buying and Selling

In other Aeva Technologies news, CFO Saurabh Sinha sold 48,086 shares of the stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $9.97, for a total transaction of $479,417.42. Following the sale, the chief financial officer owned 720,512 shares of the company’s stock, valued at $7,183,504.64. This represents a 6.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Mina Rezk sold 321,723 shares of the firm’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $12.96, for a total transaction of $4,169,530.08. Following the completion of the sale, the chief technology officer owned 1,534,547 shares of the company’s stock, valued at $19,887,729.12. The trade was a 17.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,441,740 shares of company stock worth $18,834,878 in the last 90 days. Corporate insiders own 27.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Duquesne Family Office LLC acquired a new position in Aeva Technologies during the 3rd quarter worth $26,670,000. Millennium Management LLC bought a new position in Aeva Technologies in the third quarter valued at about $25,751,000. Delta Global Management LP bought a new position in Aeva Technologies in the third quarter valued at about $18,139,000. Arrowstreet Capital Limited Partnership increased its position in Aeva Technologies by 1,630.1% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,105,048 shares of the company’s stock worth $41,760,000 after purchasing an additional 1,041,176 shares during the period. Finally, Invesco Ltd. raised its holdings in Aeva Technologies by 1,223.8% during the 2nd quarter. Invesco Ltd. now owns 614,411 shares of the company’s stock worth $23,219,000 after purchasing an additional 567,998 shares during the last quarter. Institutional investors own 62.92% of the company’s stock.

Aeva Technologies Company Profile

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.