Aeva Technologies Inc (NASDAQ:AEVA) price on Friday, April 11, fall -2.40% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $7.33.
A look at the stock’s price movement, the close in the last trading session was $7.51, moving within a range at $7.16 and $7.738. The beta value (5-Year monthly) was 1.028. Turning to its 52-week performance, $7.53 and $2.20 were the 52-week high and 52-week low respectively. Overall, AEVA moved 183.01% over the past month.
Aeva Technologies Inc’s market cap currently stands at around $401.05 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-18.
Analysts have a consensus estimate of 2.33M for the company’s revenue for the quarter, with a low and high estimate of 2M and 2.5M respectively. The average forecast suggests up to a 10.74% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 15.65M, representing a 72.62% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AEVA is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 4 analyst(s) rate the stock as a Hold, 0 recommend AEVA as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
AEVA’s current price about 26.95% and 62.86% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 68.16, while 7-day volatility ratio is 14.19% and 12.73% in the 30-day chart. Further, Aeva Technologies Inc (AEVA) has a beta value of 0, and an average true range (ATR) of 0.65. Analysts have given the company’s stock an average 52-week price target of $5.609999999999999, forecast between a low of $5.22 and high of $6. Looking at the price targets, the low is 28.79% off current price level while to achieve the yearly target high, price needs to move 18.14%. Nonetheless, investors will most likely welcome a 23.47% jump to $5.609999999999999 which is the analysts’ median price.
If we refocus on Aeva Technologies Inc (NASDAQ:AEVA), historical trading data shows that trading volumes averaged 1.29 over the past 10 days and 790.67K over the past 3 months. The company’s latest data on shares outstanding shows there are 54.14 million shares.
The 41.26% of Aeva Technologies Inc’s shares are in the hands of company insiders while institutional holders own 70.47% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.79 million on 2025-03-14, giving us a short ratio of 8.98. The data shows that as of 2025-03-14 short interest in Aeva Technologies Inc (AEVA) stood at 913.0000000000001 of shares outstanding, with shares short rising to 2.5 million registered in 2025-02-14. Current price change has pushed the stock 54.32% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AEVA stock continues to rise going into the next quarter.
