Aeva Technologies (AEVA) AI Stock Analysis

• Market Cap: $745.78M
• Dividend Yield: N/A
• Average Volume (3M): 2.80M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.50
• Revenue Growth: 111.39%
• EPS Growth: -74.39%
• Country: US
• Employees: 276
• Sector: Technology
• Sector Strength: 83
• Industry: Auto - Parts
• EPS (TTM): -0.44
• Shares Outstanding: 56,327,698
• 10 Day Avg. Volume: 2,982,354
• 30 Day Avg. Volume: 2,800,841
• 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: 2.73
• Enterprise Value/Revenue: 197.22
• Enterprise Value/Gross Profit: -975.34
• Enterprise Value/Ebitda: -15.19
• 1Y Price Target: $23.30
• Price Target Upside: 75.98% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 44 Neutral
• Price Target: $15.50 ▲(17.07% Upside)

Aeva Technologies' stock score is primarily impacted by poor financial performance and technical indicators, reflecting ongoing operating and market challenges. However, recent strategic partnerships and funding efforts provide some optimism for future growth, slightly offsetting the negative aspects.

Positive Factors

Market Readiness

Aeva's unique technology is market-ready and at a commercial inflection point.

Revenue Potential

The EVE-1D sensor, targeting the laser displacement market, is a source of near-term optimism with substantial revenue potential in the coming years.

Strategic Collaboration

A strategic collaboration with a technology-focused affiliate of a Global Fortune 500 company will bring Aeva's next-generation 4D LiDAR to industrial and consumer markets.

Negative Factors

Market Competition

There were a number of investor concerns about LiDAR as a potentially deflationary market, with very low price points from Chinese competitors.

Revenue Lag

Despite the recent win, Aeva has lagged some more scaled peers in the space in terms of revenue as lidar has been a slow market to inflect in the US.

Aeva Technologies Business Overview & Revenue Model

Company Description

Aeva Technologies (AEVA) is a technology company specializing in the development of sensing and perception solutions for autonomous vehicles and other applications. Founded in 2017 and headquartered in Mountain View, California, Aeva leverages its proprietary Frequency Modulated Continuous Wave (FMCW) LiDAR technology to provide high-performance 3D mapping and perception capabilities. The company's products aim to enhance the safety and efficiency of autonomous systems in the automotive, consumer electronics, and industrial sectors.

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: 13.24
• 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 13.24 is below the 20-day moving average (MA) of 13.99, below the 50-day MA of 20.97, and above the 200-day MA of 11.32, indicating a neutral trend. The MACD of -1.40 indicates Negative momentum. The RSI at 41.77 is Neutral, neither overbought nor oversold. The STOCH value of 20.69 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
Sector *	61 Neutral	$35.52B	8.84	-11.04%	1.87%	8.55%	-8.14%
LIDR	55 Neutral	$111.84M	―	-222.90%	―	-23.62%	71.09%
SES	54 Neutral	$384.01M	―	-34.37%	―	―	-63.15%
INVZ	53 Neutral	$315.22M	―	-72.45%	―	17.32%	37.70%
HSAI	53 Neutral	$3.58B	237.50	2.45%	―	36.76%	―
AEVA	44 Neutral	$745.78M	―	-1441.64%	―	111.39%	-74.39%
LAZR	43 Neutral	$116.21M	―	146.24%	―	-5.22%	84.74%

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.

Aeva Technologies Holds 2025 Annual Stockholder Meeting

On June 20, 2025, Aeva Technologies, Inc. held its 2025 Annual Meeting of Stockholders, where key proposals were voted on, including the election of Class I directors, the ratification of Deloitte & Touche LLP as the independent auditor for the fiscal year ending December 31, 2025, and an advisory vote on executive compensation. The outcomes of these votes are significant for the company’s governance and operational oversight, reflecting shareholder support for the current leadership and strategic direction.