Aeva (AEVA, Financial) has been chosen by Airbus UpNext, a branch of Airbus focused on advancing cutting-edge technologies, to provide its 4D LiDAR technology. This technology will be utilized in the Optimate smart automation demonstrator, showcasing Aeva's capabilities in this field.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for Aeva Technologies Inc (AEVA, Financial) is $5.47 with a high estimate of $6.00 and a low estimate of $4.87. The average target implies an downside of 70.35% from the current price of $18.44. More detailed estimate data can be found on the Aeva Technologies Inc (AEVA) Forecast page.
Based on the consensus recommendation from 4 brokerage firms, Aeva Technologies Inc's (AEVA, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Aeva Technologies Inc (AEVA, Financial) in one year is $7.64, suggesting a downside of 58.57% from the current price of $18.44. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Aeva Technologies Inc (AEVA) Summary page.
AEVA Key Business Developments
Release Date: May 14, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
- Aeva Technologies Inc (AEVA, Financial) reported record product revenue of $3.4 million in Q1 2025, reflecting strong commercial traction in automotive and industrial sectors.
- The company unveiled the E1 line of high precision sensors, targeting the $4 billion laser displacement sensor market with submicron precision and cost advantages.
- Aeva Technologies Inc (AEVA) secured a strategic collaboration with a global Fortune 500 company, which includes a $50 million investment to expand market reach and enhance production capacity.
- The company achieved the first milestone in its development program with a global TOP10 passenger OEM, indicating progress towards a large-scale production opportunity.
- Aeva Technologies Inc (AEVA) entered the Intelligent Transportation Systems (ITS) market, with Sensus Gatso selecting it as the exclusive LiDAR supplier for mobile speed detection products in Australia.
Negative Points
- Aeva Technologies Inc (AEVA) reported a non-GAAP operating loss of $25.9 million in Q1 2025, despite a 19% reduction year-over-year.
- The company's gross cash use was $31.3 million in the quarter, indicating high operational and capital expenditure.
- Aeva Technologies Inc (AEVA) is still in the early stages of commercialization, which may pose risks to achieving consistent revenue growth.
- The strategic collaboration with the Fortune 500 company is pending regulatory review and satisfaction of customary closing conditions, which could delay its benefits.
- The company faces competition in the LiDAR market, and its success depends on the adoption of its FMCW technology across various industries.
