Aeva Technologies, Inc. (AEVA) Stock Price & Analysis
Aeva Technologies, Inc. (AEVA) closed at USD 9.94 on Thursday, October 29, 2026, down 7.02% on the day. The US market is currently closed (after-hours); this is not a live price.
The prior close was USD 10.69; the Oct 29, 2026 session ranged USD 9.92–10.58 on volume of 1,054,765 shares. Market capitalization is $692.88M, with a 52-week range of USD 8.83–31.3 (NMS). Source: Nexqual, retrieved October 29, 2026 at 22:31 UTC.
Also available as compact Markdown for AI agents: nexqual.com/AEVA.md
Key facts (AEVA)
- Last four reported quarters (through Jun 30, 2026): revenue $21.6M, net income -$32.4M (-150.1% margin), free cash flow -$117M (SEC filings).
- Insider open-market sales, last ~7 months: 18 Form 4 filings, $32.3M; 12 not under a Rule 10b5-1 plan ($5.6M); 5 by opportunistic insiders (3 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.40 on a 1–5 scale) (5 analysts), mean target USD 29 (range 15–42).
- Total return with dividends: 1Y -36.5% vs S&P 500 +14.4%; 5Y -74.4% vs S&P 500 +79.1%.
- Next earnings: 2026-11-04, EPS estimate USD -0.43, revenue estimate $6.4M. All companies reporting that day: https://nexqual.com/earnings/2026-11-04
- Dividend: AEVA paid no cash dividend in the last five years.
- Short interest: 20.37% of float (as of 2026-10-15), 6.3 days to cover.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (AEVA)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $9.3M | $4.2M | $4.3M | $9.1M | $18.1M | $21.6M |
| Gross profit | $3.4M | -$4.3M | -$5.9M | -$3.8M | -$660K | — |
| Operating income | -$104M | -$152M | -$148M | -$158M | -$128M | -$132M |
| Net income | -$102M | -$147M | -$149M | -$152M | -$145M | -$32.4M |
| EPS (diluted) | -$2.55 | -$3.39 | -$3.29 | -$2.85 | -$2.55 | — |
| Free cash flow | -$86.0M | -$117M | -$125M | -$112M | -$120M | -$117M |
| Gross margin | 37.0% | -101.5% | -136.5% | -41.8% | -3.7% | — |
| Operating margin | -1124.5% | -3624.9% | -3427.4% | -1747.1% | -705.8% | -610.9% |
| Net margin | -1099.6% | -3514.0% | -3463.2% | -1679.7% | -804.4% | -150.1% |
| Revenue growth | +91.3% | -54.8% | +2.9% | +110.2% | +99.4% | — |
| Cash + short-term investments | $445M | $324M | $221M | $112M | $122M | — |
| Total debt | — | — | — | $0K | $96.7M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (AEVA)
P/S 32.1x · EV/Sales 28.3x · P/B 25.2x · FCF yield -16.84% · Earnings yield -4.68% · Net cash $81.0M · EV $612M
Insider sales (SEC Form 4, open-market, last ~7 months) (AEVA)
6 of 18 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-02 | Sinha Saurabh | Chief Financial Officer | 34,146 | $506K | 5.9% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-08-18 | Sinha Saurabh | Chief Financial Officer | 70,000 | $1.5M | 10.7% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-08-12 | Motlagh Katherine | Director | 2,500 | $64K | 20.6% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-10…2026-08-11 | Dardashti Soroush Salehian | Chief Executive Officer | 305,099 | $7.3M | 10% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-10 | Rezk Mina | Chief Technology Officer | 100,000 | $2.4M | 3.1% | Yes | Too little history (no open-market trades in 2023) |
| 2026-07-27 | Dardashti Soroush Salehian | Chief Executive Officer | 10,304 | $159K | 0.3% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-07-27 | Rezk Mina | Chief Technology Officer | 10,304 | $159K | 0.3% | No | Too little history (no open-market trades in 2023) |
| 2026-07-27 | Sinha Saurabh | Chief Financial Officer | 6,830 | $105K | 1% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-07-08 | Sinha Saurabh | Chief Financial Officer | 20,620 | $436K | 3% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-07-08 | Dardashti Soroush Salehian | Chief Executive Officer | 64,821 | $1.4M | 2.1% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-07-08 | Rezk Mina | Chief Technology Officer | 64,821 | $1.4M | 2% | No | Too little history (no open-market trades in 2023) |
| 2026-07-02 | Sinha Saurabh | Chief Financial Officer | 11,212 | $300K | 1.6% | No | Too little history (no open-market trades in 2023 or 2024) |
| 2026-06-22 | Zadesky Stephen Paul | Director | 2,984 | $76K | 3.1% | Yes | Too little history (no open-market trades in 2024) |
| 2026-06-16 | Dardashti Soroush Salehian | Chief Executive Officer | 275,349 | $6.8M | 8.1% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-16 | Rezk Mina | Chief Technology Officer | 350,000 | $8.6M | 9.6% | Yes | Too little history (no open-market trades in 2023) |
| 2026-05-05 | Dardashti Soroush Salehian | Chief Executive Officer | 41,083 | $618K | 1.2% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-05 | Rezk Mina | Chief Technology Officer | 27,389 | $412K | 0.8% | No | Too little history (no open-market trades in 2023) |
| 2026-05-05 | Sinha Saurabh | Chief Financial Officer | 5,643 | $85K | 0.9% | No | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (AEVA)
Consensus Buy (mean 2.40 on a 1–5 scale), 5 analysts; mean target USD 29 (low 15, high 42).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-24 | Goldman Sachs | Initiated | Neutral | $20 |
| 2026-08-07 | Morgan Stanley | Target raised | Equal-Weight | $18.5 → $27 |
| 2026-08-06 | Canaccord Genuity | Target raised | Buy | $24 → $26 |
Total return (dividends reinvested) (AEVA)
| 1Y (from 2025-10-30) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -36.5% | -74.4% |
| S&P 500 (SPY) | +14.4% | +79.1% |
| Per year | -36.6% | -23.8% |
| Volatility (annualized) | 113.1% | 103.8% |
| Max drawdown | -66.3% (May 2026→Oct 2026) | -95.2% (Nov 2021→Jul 2024) |
Dividends (AEVA)
AEVA paid no cash dividend in the last five years.
Short interest (AEVA)
9,797,814 shares sold short, 20.37% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 7,563,768 shares (+29.5%). Days to cover: 6.3 (short shares ÷ average daily volume).
AEVA major shareholder filing: Schedule 13D/A, Jul 6, 2026
SYLEBRA CAPITAL LLC, Sylebra Capital Ltd, Sylebra Capital Management, Ltd filed a Schedule 13D/A with the SEC on Jul 6, 2026, reporting up to 29.30% of the class. A Schedule 13D is filed by an owner of more than 5% who may seek to influence the company. Item 4 (Purpose of Transaction), quoted from the filing:
The Reporting Persons acquired the Notes (and the shares of Common Stock issuable upon conversion thereof) for investment purposes in the ordinary course of the business of the Solutions Funds, which are newly formed investment vehicles advised by Sylebra US and Sylebra HK. The Notes are convertible, subject to the terms of the Indenture governing the Notes, into shares of Common Stock. The Solutions Funds have no current plan to convert the Notes but reserve the right to do so subject to the terms of the Indenture. In connection with the launch of the Solutions Funds, certain Apollo entities have made capital commitments to the Solutions Funds, including the contribution of the Notes described in Item 3 above. The Reporting Persons, in their capacity as investment advisers to the Solutions Funds, retain sole discretion over the voting and disposition of securities of the Issuer held by the Solutions Funds, including the Notes. Consistent with the Reporting Persons' prior disclosure, the Reporting Persons acquired and continue to hold the securities of the Issuer for investment for fund management purposes. Except as set forth in this Amendment, the Reporting Persons do not currently have any plans or proposals that relate to or would result in any of the actions specified in clauses (a) through (j) of Item 4 of Schedule 13D. …
Source: SEC EDGAR, Schedule 13D/A filed Jul 6, 2026. Quoted word for word; Nexqual adds no interpretation.
AEVA earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Aug 5, 2026 | Quarter ended Jun 30, 2026 | −$0.41 | −$0.43 | Beat +4.7% | +23.6% |
| May 6, 2026 | Quarter ended Mar 31, 2026 | −$0.41 | −$0.43 | Beat +4.7% | -10.4% |
| Feb 26, 2026 | Quarter ended Dec 31, 2025 | −$0.40 | −$0.44 | Beat +9.1% | -2.8% |
| Nov 5, 2025 | Quarter ended Sep 30, 2025 | −$0.46 | −$0.45 | Miss −2.2% | -6.2% |
| Jul 31, 2025 | — | — | — | — | -18.5% |
| May 14, 2025 | — | — | — | — | +25.8% |
| Mar 19, 2025 | — | — | — | — | +56.3% |
| Nov 6, 2024 | — | — | — | — | +6.2% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
AEVA recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Aug 6, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 5, 2026 | 8-K | Quarterly results; Director or executive officer change, or pay arrangement “On July 30, 2026, Saurabh Sinha informed the Company that, following six years of service with the Company, he plans to resign as Chief Financial Officer, effective September 05, 2026, to pursue another opportunity outside of the sensing industry. The Company has already initiated a search for a permanent successor and will announce the appointment once finalized. Also on July 30, 2026, Rupesh Maheshwari was appointed to serve as the Company's interim Chief Financial Officer, effective September 05, 2026, upon Mr.…” |
| Jul 6, 2026 | Schedule 13D/A | SYLEBRA CAPITAL LLC, Sylebra Capital Ltd: 29.3% of shares, 5%+ holder that may seek to influence the company (amended) “The Reporting Persons acquired the Notes (and the shares of Common Stock issuable upon conversion thereof) for investment purposes in the ordinary course of the business of the Solutions Funds, which are newly formed investment vehicles advised by Sylebra US and Sylebra HK. The…” |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
AEVA revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Professional Service | $3.6M | 58.5% | +174.5% |
| Product | $2.5M | 41.5% | -39.4% |
| Total revenue | $6.1M | 100% | — |
AEVA revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| North America | $3.4M | 55.7% | -27.4% |
| EMEA | $2.6M | 41.9% | +426.4% |
| Asia | $147,000 | 2.4% | -53.3% |
| Total revenue | $6.1M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
AEVA suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | LG Innotek | “For example, in May 2025, we entered into a strategic collaboration with LG Innotek Co., Ltd. We intend to utilize our production counterparties' capabilities for the final assembly and test of our products and to produce our” |
Quoted from the company's 10-K filed Mar 20, 2026.
AEVA customer concentration
In the period ended Jun 30, 2026, 3 direct customers each accounted for at least 10% (44%, 32%, 30%) of revenue, per the company's 10-Q filed Aug 6, 2026. The company does not name them.
AEVA company outlook (results filed Aug 5, 2026)
- “Readers are cautioned not to put undue reliance on forward-looking statements, and Aeva assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.”
Quoted word-for-word from the SEC 8-K results press release.
AEVA analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.43 | $-0.43 | $0.00 | $6.4M | 5 |
| Next quarter (ends Dec 2026) | $-0.42 | $-0.41 | −$0.01 | $13.8M | 5 |
| Current fiscal year (ends Dec 2026) | $-1.53 | $-1.69 | +$0.15 | $32.4M | 5 |
| Next fiscal year (ends Dec 2027) | $-1.61 | $-1.54 | −$0.07 | $72.7M | 5 |
AEVA options: expected move
Options price a move of about ±22.3% (±$2.17) by Nov 20, 2026, which includes earnings on Nov 4, 2026. Over the last 8 reports the stock moved ±18.7% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 22 | 111.3% | ±22.3% |
| Dec 18, 2026 | 50 | 100.5% | ±30.3% |
| Jan 15, 2027 | 78 | 105.6% | ±39.5% |
| Apr 16, 2027 | 169 | 99.8% | ±54.9% |
| Jun 17, 2027 | 231 | 98.8% | ±63.1% |
30-day implied volatility 108.5% vs 71.3% realized over the last 30 trading days. Put/call ratio (volume) 0.43. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 29, 2026 at 22:31 UTC)
| Price | USD 9.94 |
|---|---|
| Change | ▼ 7.02% (down) |
| Previous Close | USD 10.69 |
| Open | USD 10.4 |
| Day Range | USD 9.92 – 10.58 |
| 52-Week Range | USD 8.83 – 31.3 |
| Volume | 1,054,765 shares |
| Market Cap | $692.88M |
| Exchange | NMS |
Technical Analysis (AEVA)
Nexqual's technical model rates AEVA "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 29, 2026 at 22:31 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 33.63 (neutral) |
| vs SMA50 | Below (USD 13.93) |
| MACD | -1.3 (negative) |
Analyst Ratings (AEVA)
Wall Street analysts rate AEVA "Buy" based on 5 analysts, with a mean price target of USD 29 (range USD 15–42), per Nexqual as of October 29, 2026 at 22:31 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 5 |
| Mean Target | USD 29 |
| High Target | USD 42 |
| Low Target | USD 15 |
| Buy / Hold / Sell | 3 / 2 / 0 |
Earnings (AEVA)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD -0.43 |
| Revenue Estimate | $6.43M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.41 vs est -0.43 ▲ beat |
| 2026-03-31 | USD -0.41 vs est -0.43 ▲ beat |
| 2025-12-31 | USD -0.4 vs est -0.45 ▲ beat |
| 2025-09-30 | USD -0.46 vs est -0.45 ▼ miss |
Source: Nexqual, October 29, 2026 at 22:31 UTC.
Financials & Fundamentals (AEVA)
| Total Revenue | $21.60M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +11.30% |
| Gross Margin | +27.22% |
| Operating Margin | -563.23% |
| Profit Margin | -150.12% |
| Debt / Equity | 3.72 |
| Current Ratio | 7.85 |
| Total Cash | $177.89M |
| Total Debt | $102.37M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$116.67M (-540.2% of revenue) |
Source: Nexqual, October 29, 2026 at 22:31 UTC.
Financial Health Score (AEVA)
Nexqual rates Aeva Technologies, Inc.'s overall financial health "Weak" across five dimensions, as of October 29, 2026 at 22:31 UTC.
| Growth | Strong — Revenue +99% YoY (annual) |
|---|---|
| Profitability | Critical — Heavily loss-making — early-stage company |
| Balance Sheet | Weak — $178M cash and investments vs $97M debt (Jun 2026, SEC), net cash |
| Cash Flow | Weak — FCF negative: -$117M (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Critical — ROE -118%, ROA -14.2% (last 4 quarters, SEC) |
Ownership (AEVA)
| Insider Ownership | +17.47% |
|---|---|
| Institutional Ownership | +69.89% |
| Shares Outstanding | 69.71M |
| Float | 41.47M |
| Short % of Float | +20.37% |
Source: Nexqual, October 29, 2026 at 22:31 UTC.
Leadership (AEVA)
Aeva Technologies, Inc. is led by Soroush Salehian Dardashti, Co-Founder, CEO & Director, per Nexqual as of October 29, 2026 at 22:31 UTC.
| Co-Founder, CEO & Director | Soroush Salehian Dardashti |
|---|---|
| Co-Founder, President, CTO & Chairman of the Board | Mina Rezk |
| Interim CFO, VP & Corporate Controller | Rupesh Maheshwari |
| Senior Director of Investor Relations & Corporate Development | Andrew Fung |
Major Backers & Investors (AEVA)
Notable institutional backers of Aeva Technologies, Inc. include Sylebra Capital LLC, Canaan Partners XI LLC, Think Investments LP, according to Nexqual as of October 29, 2026 at 22:31 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Sylebra Capital LLC | 30.12% |
| Canaan Partners XI LLC | 6.68% |
| Think Investments LP | 3.06% |
| Wasserstein Management, L.P | 2.8% |
| Marshall Wace LLP | 2.71% |
| Morgan Stanley | 1.89% |
| Shaw D.E. & Co., Inc. | 1.54% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 4.44% |
| Vanguard Group | 2.89% |
| State Street | 2.14% |
Source: Nexqual, October 29, 2026 at 22:31 UTC.
From Aeva Technologies, Inc.'s Latest SEC 10-K Filing (filed 2026-03-20)
Key Strengths & Strategy (as disclosed to the SEC)
- Designed for mass production and built to meet automotive-grade requirements, Atlas is powered by Aeva's custom silicon technology including our CoreVision LiDAR-on-chip module and the Aeva X1 system-on-chip (SoC) LiDAR processor.
- Through our Frequency Modulated Continuous Wave ("FMCW") sensing technology, we believe we are introducing the world's first 4D LiDAR-on-chip that, along with our proprietary software applications, have the potential to enable the adoption of LiDAR across broad applications.
- Our technology differentiation is rooted in Aeva's: proprietary FMCW design; integrated silicon photonics technology; 4D Perception software.
- Long range performance: By leveraging our proprietary digital signal processing and our custom integrated photonics technology, Aeva's technology is designed to achieve superior range performance up to 500 meters.
Partnerships
- For example, in May 2025, we entered into a strategic collaboration with LG Innotek Co., Ltd.
- Thus far, we have generally entered into strategic partnership agreements, development agreements and similar agreements with customers in automotive and industrial markets.
Legal & Regulatory Risks (Item 1A, quoted)
- We are subject to governmental export and import control laws and regulations. Our failure to comply with these laws and regulations could have an adverse effect on Aeva's business, prospects, financial condition and results of operations.
- Changes to trade policy, tariffs and import/export regulations may have a material adverse effect on our business, financial condition and results of operations.
- Changes in global political, regulatory and economic conditions or in laws and policies governing foreign trade, manufacturing, development and investment in the territories or countries where we may purchase components, sell our products or conduct our business could adversely affect our business.
- Our business may be adversely affected by regulations affecting the automobile safety and autonomous driving markets.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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| CORZ | Core Scientific, Inc. | USD 14.43 | ▼ 3.8% |
| RELY | Remitly Global, Inc. | USD 24.64 | ▲ 1.52% |
| TENB | Tenable Holdings, Inc. | USD 51.78 | ▲ 6.28% |
| MBGL | Mobility Global Inc. | USD 18.92 | ▲ 3.22% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 22:31 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt