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Aeva Technologies (AEVA) Moves 18.2% Higher: Will This Strength Last?
AEVAAeva(AEVA) ZACKS·2025-05-07 12:05

Company Overview - Aeva Technologies, Inc. (AEVA) shares increased by 18.2% to close at 9.21,withanotabletradingvolumecomparedtonormalsessions,andatotalgainof22.99.21, with a notable trading volume compared to normal sessions, and a total gain of 22.9% over the past four weeks [1][2] Recent Developments - The appointment of Daniel Gibson, Founder, CIO, and Managing Partner of Sylebra Capital, to Aeva's board of directors is effective May 1, 2025 [2] - Aeva is collaborating with SICK to integrate its FMCW technology into industrial sensors, with commercial launches anticipated in the third quarter of 2025 [2] - Aeva has secured a development program from a top 10 global automaker for its next-generation vehicle platform [2] Financial Projections - Aeva projects 2025 revenues between 15 million and 18million,indicatingayearoveryeargrowthof7018 million, indicating a year-over-year growth of 70% to 100% [2] - The company is expected to report a quarterly loss of 0.48 per share, reflecting a year-over-year change of +14.3%, with revenues anticipated at $2.2 million, up 4.3% from the previous year [3] Earnings Estimates - The consensus EPS estimate for Aeva has been revised 1.2% lower in the last 30 days, which typically does not correlate with price appreciation [4] - Aeva currently holds a Zacks Rank of 2 (Buy), indicating a positive outlook [4] Industry Context - Aeva Technologies operates within the Zacks Automotive - Original Equipment industry, where ChargePoint Holdings, Inc. (CHPT) has a Zacks Rank of 3 (Hold) and reported a 0.6% increase in its last trading session [4][5]