Aeva Technologies (NASDAQ:AEVA) Trading Down 8.2% – Here’s Why

Aeva Technologies, Inc. (NASDAQ:AEVA)’s stock price traded down 8.2% on Wednesday . The stock traded as low as $15.61 and last traded at $16.15. 2,350,180 shares traded hands during trading, a decline of 69% from the average session volume of 7,463,995 shares. The stock had previously closed at $17.59.

Aeva Technologies News Summary

Here are the key news stories impacting Aeva Technologies this week:

• Positive Sentiment: Aeva’s Frequency Modulated Continuous Wave (FMCW) 4D LiDAR was selected as a reference sensor for NVIDIA’s DRIVE Hyperion autonomous-vehicle platform — a strategic validation that expands Aeva’s route to OEMs and supports Level 3/4 perception use cases. Read More.
• Positive Sentiment: Aeva unveiled the Omni 4D LiDAR sensor at CES, driving enthusiasm about product progress and helping spark a sharp short‑term rally in the stock. Read More.
• Positive Sentiment: Unusually large call-option activity (several thousand calls bought) suggests speculative bullish positioning by traders ahead of/after the CES announcements; this often amplifies intraday moves. (no external link)
• Neutral Sentiment: Analysts and valuation notes are mixed — several writeups re‑rated the opportunity following the NVIDIA and LG Innotek milestones, but consensus remains cautious given revenue scale and execution risk. Read More.
• Negative Sentiment: Large insider sales by senior executives (CEO Soroush Salehian Dardashti ~488k shares, CTO Mina Rezk ~322k shares, CFO Saurabh Sinha ~12k shares) increased selling pressure and likely fueled profit-taking after the CES-driven run. Read More. • Read More.
• Negative Sentiment: Underlying fundamentals remain a risk: Aeva is unprofitable with negative EPS and wide net losses, making the stock sensitive to short‑term sentiment swings despite product/partnership progress. (no external link)

Analyst Ratings Changes

Several research firms recently commented on AEVA. Weiss Ratings restated a “sell (e+)” rating on shares of Aeva Technologies in a research report on Monday, December 29th. Canaccord Genuity Group restated a “buy” rating and set a $24.00 target price on shares of Aeva Technologies in a research report on Thursday, December 4th. Finally, Wall Street Zen lowered Aeva Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $26.50.

Aeva Technologies Price Performance

The company’s fifty day simple moving average is $13.10 and its 200-day simple moving average is $17.23. The firm has a market capitalization of $1.03 billion, a PE ratio of -3.24 and a beta of 2.08.

Aeva Technologies (NASDAQ:AEVA) last released its earnings results on Wednesday, November 5th. The company reported ($0.46) EPS for the quarter. The company had revenue of $3.58 million for the quarter. Aeva Technologies had a negative return on equity of 603.21% and a negative net margin of 1,031.15%. Analysts forecast that Aeva Technologies, Inc. will post -2.7 earnings per share for the current year.

Insider Buying and Selling at Aeva Technologies

In related news, CEO Soroush Salehian Dardashti sold 488,160 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $12.96, for a total transaction of $6,326,553.60. Following the completion of the sale, the chief executive officer directly owned 1,831,199 shares in the company, valued at approximately $23,732,339.04. The trade was a 21.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Saurabh Sinha sold 48,086 shares of the firm’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $9.97, for a total value of $479,417.42. Following the completion of the transaction, the chief financial officer owned 720,512 shares in the company, valued at $7,183,504.64. The trade was a 6.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,441,740 shares of company stock valued at $18,834,878 over the last quarter. 27.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Aeva Technologies

A number of large investors have recently modified their holdings of AEVA. Quantbot Technologies LP lifted its stake in shares of Aeva Technologies by 122.8% in the third quarter. Quantbot Technologies LP now owns 2,099 shares of the company’s stock worth $30,000 after buying an additional 1,157 shares in the last quarter. GAMMA Investing LLC raised its holdings in Aeva Technologies by 92.2% in the 2nd quarter. GAMMA Investing LLC now owns 865 shares of the company’s stock valued at $33,000 after acquiring an additional 415 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in Aeva Technologies by 27,345.0% in the 1st quarter. Jones Financial Companies Lllp now owns 5,489 shares of the company’s stock valued at $38,000 after acquiring an additional 5,469 shares during the last quarter. Total Investment Management Inc. purchased a new position in Aeva Technologies in the 2nd quarter worth approximately $43,000. Finally, AlphaQuest LLC acquired a new position in shares of Aeva Technologies during the 2nd quarter worth approximately $51,000. Hedge funds and other institutional investors own 62.92% of the company’s stock.

Aeva Technologies Company Profile

Aeva Technologies, Inc is a technology company specializing in the development and commercialization of advanced sensing and perception solutions based on frequency-modulated continuous wave (FMCW) LiDAR. Headquartered in Mountain View, California, Aeva’s core products include solid-state LiDAR sensors and perception software designed to provide high-resolution, long-range 4D data for automotive, industrial and robotic applications. The company’s FMCW approach enables simultaneous measurement of both object velocity and distance, distinguishing Aeva’s systems from traditional time-of-flight LiDAR solutions.

Founded in 2016 by Soroush Salehian and Mina Rezk, Aeva began as Aeon Imaging before adopting its current name in 2019.