Aeva Technologies, Inc. (NYSE:AEVA) Expected to Post Earnings of -$0.05 Per Share

Equities analysts expect Aeva Technologies, Inc. (NYSE:AEVA) to report earnings per share (EPS) of ($0.05) for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Aeva Technologies’ earnings, with the lowest EPS estimate coming in at ($0.06) and the highest estimate coming in at ($0.03). The business is scheduled to announce its next quarterly earnings report on Monday, January 1st.

According to Zacks, analysts expect that Aeva Technologies will report full year earnings of ($0.28) per share for the current financial year, with EPS estimates ranging from ($0.34) to ($0.16). For the next fiscal year, analysts forecast that the company will post earnings of ($0.38) per share, with EPS estimates ranging from ($0.43) to ($0.28). Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Aeva Technologies.

Several research analysts have recently weighed in on the stock. Craig Hallum assumed coverage on shares of Aeva Technologies in a report on Tuesday, March 23rd. They issued a “buy” rating and a $25.00 price target for the company. Oppenheimer assumed coverage on shares of Aeva Technologies in a report on Wednesday, March 24th. They issued an “outperform” rating and a $20.00 price target for the company. Robert W. Baird assumed coverage on shares of Aeva Technologies in a report on Wednesday, March 31st. They issued an “outperform” rating and a $20.00 price target for the company. Roth Capital initiated coverage on shares of Aeva Technologies in a report on Tuesday, March 23rd. They issued a “buy” rating and a $30.00 price target for the company. Finally, Piper Sandler initiated coverage on shares of Aeva Technologies in a report on Wednesday, March 24th. They set an “overweight” rating and a $22.00 target price for the company. Five equities research analysts have rated the stock with a buy rating, Aeva Technologies has an average rating of “Buy” and a consensus price target of $23.40.

Aeva Technologies stock opened at $9.22 on Tuesday. Aeva Technologies has a twelve month low of $8.57 and a twelve month high of $21.83.

About Aeva Technologies

AEVA, INC. operates as a machine vision company engages in development of optical-based sensors for the automotive industry. It builds lidar, a laser guidance sensor that are expected to be a key component of self-driving vehicles. The company was incorporated in 2016 and is based in Palo Alto, California.

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Earnings History and Estimates for Aeva Technologies (NYSE:AEVA)

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