Eve Holding price target lowered to $6 from $7 at Cantor Fitzgerald

Cantor Fitzgerald lowered the firm’s price target on Eve Holding (EVEX) to $6 from $7 and keeps an Overweight rating on the shares. Eve Holding benefits from the backing and support of Embraer (ERJ) for both manufacturing and certification, a large and diversified customer pipeline with roughly 2,700 orders to date, and a differentiated business model, the analyst tells investors in a research note. Eve is well-capitalized in the near term, with about $641M in total liquidity as of Q4 and a 2026 cash spend view of $225M-$275M, Cantor says.