Aeva Technologies (AEVA) AI Stock Analysis

• Market Cap: $911.38M
• Dividend Yield: N/A
• Average Volume (3M): 2.66M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.47
• Revenue Growth: 111.39%
• EPS Growth: -74.39%
• Country: US
• Employees: 276
• Sector: Technology
• Sector Strength: 88
• Industry: Auto - Parts
• EPS (TTM): -0.44
• Shares Outstanding: 56,327,698
• 10 Day Avg. Volume: 2,672,829
• 30 Day Avg. Volume: 2,661,302
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 2.23
• Enterprise Value/Revenue: 197.22
• Enterprise Value/Gross Profit: -975.34
• Enterprise Value/Ebitda: -15.19
• 1Y Price Target: $25.25
• Price Target Upside: 66.67% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

• Rating: 44 Neutral
• Price Target: $15.50 ▲(2.31% Upside)

Aeva Technologies faces significant financial challenges, with persistent losses and negative cash flows being the most critical issues. Technical analysis provides mixed signals, with some short-term support but overall resistance. The valuation is unattractive due to a negative P/E ratio and high volatility. These factors collectively result in a low overall stock score.

Positive Factors

Revenue Growth

Aeva Technologies has shown impressive revenue growth, indicating strong demand for its LiDAR technology and potential for future market expansion.

Strategic Partnerships

Strategic partnerships with OEMs provide Aeva with a recurring revenue stream, enhancing its market position and fostering long-term business stability.

Low Leverage

Low leverage provides Aeva with financial flexibility, reducing risk and enabling the company to invest in growth opportunities without significant debt burden.

Negative Factors

Profitability Challenges

Ongoing profitability challenges and negative cash flows indicate operational inefficiencies, which may hinder Aeva's ability to sustain long-term growth.

Declining Equity

A decline in equity raises concerns about Aeva's financial stability, potentially limiting its ability to secure funding and invest in future growth.

Negative Cash Flow

Negative cash flow indicates cash management issues, which could constrain Aeva's operational capabilities and limit its ability to invest in strategic initiatives.

Aeva Technologies Business Overview & Revenue Model

Company Description

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. The company was founded in 2017 is based in Mountain View, California.

How the Company Makes Money

Aeva Technologies generates revenue primarily through the sale of its LiDAR sensors and related perception solutions. The company targets automotive OEMs and technology companies developing autonomous vehicles as key customers. Aeva's revenue model includes direct sales of its hardware products, licensing of its technology, and strategic partnerships with major players in the automotive and technology industries. Additionally, Aeva may engage in collaborative projects and joint ventures to further commercialize its technology and expand its market reach.

Aeva Technologies Financial Statement Overview

Summary

Aeva Technologies is struggling with profitability and cash flow management, evidenced by consistent losses and negative cash flows. While the balance sheet shows low leverage, declining equity and assets raise concerns about financial health. The company must focus on improving operational efficiencies and generating positive cash flows to enhance its financial standing.

Income Statement

Aeva Technologies is experiencing negative growth, with a declining revenue and increasing losses. The TTM gross profit margin is negative due to a gross loss, and both EBIT and EBITDA margins are significantly negative, indicating operating inefficiencies. Although there was a slight revenue growth in TTM, the net profit margin remains negative, highlighting persistent profitability challenges.

Balance Sheet

The company has a reasonable debt-to-equity ratio, reflecting low leverage. However, the return on equity is negative due to persistent losses, and the equity ratio has declined over time, indicating a reduction in financial stability. The balance sheet shows a decrease in total assets and stockholders' equity, which raises concerns about long-term viability.

Cash Flow

Aeva Technologies faces cash flow difficulties, with negative operating cash flow and free cash flow in TTM. The free cash flow growth rate is negative, suggesting deteriorating cash-generating capability. The operating cash flow to net income ratio is poor, indicating cash flow issues relative to earnings. Despite these challenges, investing activities provide some liquidity support.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	10.33M	9.06M	4.31M	4.19M	9.27M	4.84M
Gross Profit	-2.09M	-3.79M	-5.89M	-4.25M	3.43M	2.10M
EBITDA	-134.05M	-137.93M	-140.08M	-145.81M	-101.14M	-24.94M
Net Income	-151.80M	-152.26M	-149.33M	-147.31M	-101.51M	-25.57M
Balance Sheet
Total Assets	114.55M	147.49M	257.38M	356.63M	479.19M	32.63M
Cash, Cash Equivalents and Short-Term Investments	81.00M	112.01M	221.03M	323.81M	445.01M	24.62M
Total Debt	175.00K	3.76M	7.35M	7.46M	10.33M	0.00
Total Liabilities	45.74M	48.14M	28.94M	26.71M	22.81M	5.72M
Stockholders Equity	68.81M	99.35M	228.44M	329.93M	456.38M	26.91M
Cash Flow
Free Cash Flow	-140.60M	-112.02M	-124.93M	-117.35M	-90.45M	-22.09M
Operating Cash Flow	-135.91M	-106.91M	-118.83M	-109.91M	-82.11M	-21.23M
Investing Cash Flow	122.59M	97.90M	69.28M	110.89M	-388.57M	-855.00K
Financing Cash Flow	-1.06M	-671.00K	20.68M	-369.00K	512.86M	73.00K

Aeva Technologies Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 15.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AEVA, the sentiment is Negative. The current price of 15.15 is below the 20-day moving average (MA) of 15.61, below the 50-day MA of 16.60, and above the 200-day MA of 12.22, indicating a neutral trend. The MACD of 0.14 indicates Negative momentum. The RSI at 44.74 is Neutral, neither overbought nor oversold. The STOCH value of 23.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AEVA.

Aeva Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HSAI	59 Neutral	4.49B	261.07	-2.60%	―	36.76%	―
INVZ	55 Neutral	341.32M	-4.06	-80.08%	―	17.32%	37.70%
LIDR	55 Neutral	94.27M	-0.82	-339.23%	―	-23.62%	71.09%
SES	54 Neutral	680.24M	-6.08	―	―	―	-63.15%
AEVA	44 Neutral	$911.38M	―	-1441.64%	―	111.39%	-74.39%
LAZR	42 Neutral	138.90M	-0.68	48.56%	―	-5.22%	84.74%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Aeva Technologies Corporate Events

Aeva Technologies Unveils Future Vision at ‘Aeva Day’

On July 31, 2025, Aeva Technologies hosted ‘Aeva Day’ in New York City, unveiling its vision for the future of sensing and perception across various industries. The event highlighted strategic collaborations with companies like LG Innotek, Bendix, and Daimler Truck, showcasing the potential of Aeva’s 4D LiDAR technology in automotive, robotics, and consumer applications. Aeva also reported record quarterly revenue for Q2 2025, driven by commercial momentum, and highlighted its financial position with cash and marketable securities totaling $49.8 million. The company’s strategic partnership with LG Innotek aims to expand its market reach, while collaborations with industry leaders position Aeva for mass-scale deployment of its products.

The most recent analyst rating on (AEVA) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Aeva Technologies stock, see the AEVA Stock Forecast page.