Key Takeaways:
- Upcoming Earnings: Aeva Technologies (AEVA, Financial) is expected to release its Q1 earnings on May 14, with an anticipated EPS of -$0.48 and revenue of $2.33 million.
- Analyst Insights: Analysts have set an average price target of $5.47, indicating a potential downside from the current stock price.
- Outlook: The stock's GF Value suggests a notable downside, emphasizing caution.
Upcoming Earnings Snapshot
Aeva Technologies (AEVA) is gearing up to announce its first-quarter earnings results post-market on May 14. Analysts are projecting an earnings per share (EPS) of -$0.48, marking a year-over-year improvement of 14.3%. In addition, the revenue forecast stands at $2.33 million, reflecting an 11% increase. Notably, recent months have witnessed two upward revisions in EPS estimates, generating a cautious sense of optimism among investors.
Wall Street Analysts' Forecast
According to projections from four analysts, the average one-year price target for Aeva Technologies Inc (AEVA, Financial) is pinned at $5.47. Expectations range from a high estimate of $6.00 to a low of $4.87. This average target implies a significant downside of 59.62% from the current stock price of $13.54. For more detailed estimates, visit the Aeva Technologies Inc (AEVA) Forecast page.
Brokerage Recommendations
The current consensus from four brokerage firms places Aeva Technologies Inc (AEVA, Financial) at an average recommendation of 2.0, suggesting an "Outperform" status. This rating scale, ranging from 1 to 5, categorizes 1 as a Strong Buy and 5 as a Sell, positioning AEVA closer to a favorable outlook among analysts.
GF Value Estimation
According to GuruFocus estimates, Aeva Technologies Inc's (AEVA, Financial) GF Value in one year is calculated to be $7.64. This implies a downside of 43.57% from the present price of $13.54. The GF Value reflects GuruFocus' assessment of the fair trading value, derived from historical multiples, past growth trends, and future business performance predictions. To dive deeper into this estimate, explore the Aeva Technologies Inc (AEVA) Summary page.
