Aeva Technologies (AEVA) Projected to Post Earnings on Tuesday

Aeva Technologies (NYSE:AEVA) is expected to release its earnings data before the market opens on Tuesday, March 4th. Analysts expect Aeva Technologies to post earnings of ($0.61) per share and revenue of $2.47 million for the quarter.

Aeva Technologies Stock Performance

Shares of NYSE AEVA opened at $3.82 on Tuesday. Aeva Technologies has a fifty-two week low of $2.20 and a fifty-two week high of $7.25. The business has a 50-day moving average of $4.33 and a 200-day moving average of $3.84.

Insider Buying and Selling

In other Aeva Technologies news, CEO Soroush Salehian Dardashti sold 107,795 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $4.49, for a total value of $483,999.55. Following the transaction, the chief executive officer now directly owns 4,097,013 shares of the company’s stock, valued at $18,395,588.37. This represents a 2.56 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 29.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

AEVA has been the topic of a number of analyst reports. Roth Mkm upped their price objective on Aeva Technologies from $5.00 to $6.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Craig Hallum upped their price target on shares of Aeva Technologies from $5.00 to $6.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $10.53.

Aeva Technologies Company Profile

Aeva Technologies, Inc engages in the design, development, manufacture, and sale of LiDAR sensing systems, and related perception and autonomy-enabling software solutions in North America, Europe, the Middle East, Africa, and Asia. The company develops its products using frequency modulated continuous wave (FMCW) sensing technology.