Reading the tape
NASDAQ: AEVA
Aeva Technologies, Inc.
Consumer Cyclical · Auto - Parts
Market Cap
$990.17M
52w High
$38.80
52w Low
$7.50
P/E
-6.17
Volume
1.74M
Outstanding Shares
62.95M
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 101.93%Revenue (TTM): 99.44%FCF (TTM): -6.84%P/S: 47th pct
What changed
The stock rose 101.93% over the last year. Revenue grew 99.44% over the trailing twelve months. Operating margin moved from -1,747.07% to -705.77%. Free cash flow declined 6.84% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 47th percentile of their historical P/S range.
What would invalidate this read
Operating margin is at -705.77%. Revenue grew 99.44% — this thesis depends on that trajectory holding. Despite the price move, free cash flow fell 6.84%, which is worth watching as a leading indicator of future pressure. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
Aeva Technologies, Inc., through its frequency modulated continuous wave (FMCW) sensing technology, designs a 4D LiDAR-on-chip that enables the adoption of LiDAR across various applications. from automated driving to consumer electronics, consumer health, industrial automation, and security application.
CEOSoroush Salehian Dardashti
SectorConsumer Cyclical
IndustryAuto - Parts
Employees276
IPO dateFeb 27, 2020
Valuation
Forward P/E—
EV/EBITDA-5.76
Enterprise value$787.37M
Stock splits
Mar 19, 2024↓ Reverse
Every 5 shares became 1
Profitability & growth
Revenue growth108.49%
Gross margin-3.65%▲91.27%vs FY2024
Operating margin-705.77%▲59.60%vs FY2024
ROE-1,100.48%▼618.07%vs FY2024
Analyst consensus
RatingBuy
Target price$20.00▲27.15%
6
Buy
2
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 6, 2026
Q2 FY26 · EPS est -$0.44 · Revenue est $4.97M
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