Aeva Technologies, Inc. logo AEVA - Aeva Technologies, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 6
HOLD 2
SELL 0
STRONG
SELL
0
| PRICE TARGET: $8.74 DETAILS
HIGH: $20.00
LOW: $4.50
MEDIAN: $5.22
CONSENSUS: $8.74
DOWNSIDE: 65.48%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4
Revenue
Revenue 6.3 5.6 3.6 5.5 3.4 2.7 2.2 2.0 2.1 1.6 0.8 0.7 1.1 0.2 1.4 1.5 1.1 2.9 3.5 2.6 0.3 0.7 1.9 1.6 0.5 0.8
Cost of Revenue 4.3 4.3 3.1 8.2 3.1 3.5 3.0 2.9 3.5 2.5 2.5 2.7 2.5 3.3 2.8 1.0 1.4 1.9 2.3 1.4 0.2 0.6 1.0 0.9 0.3 0.4
Gross Profit 1.9 1.3 0.4 (2.7) 0.3 (0.8) (0.7) (0.8) (1.4) (0.9) (1.7) (1.9) (1.4) (3.1) (1.4) 0.5 (0.2) 0.9 1.2 1.2 0.1 0.2 1.0 0.7 0.2 0.5
Operating Expenses
R&D Expenses 22.8 18.9 22.2 22.8 21.6 24.3 27.1 26.2 25.0 26.2 23.8 27.1 25.5 32.2 26.1 25.9 25.3 23.7 20.9 18.7 11.4 6.2 4.3 4.7 5.3 4.6
SG&A Expenses 14.3 11.6 11.4 9.4 9.2 9.1 10.0 10.4 10.9 9.8 10.0 9.2 10.4 9.1 10.3 10.2 8.5 9.1 7.7 7.2 8.9 3.0 1.4 1.0 1.9 1.6
Other Expenses 0 0 0 0 0 0 0 11.5 0 0 0 0.0 0.0 0.0 0.1 0.1 0 0.1 0 0 0 (0.0) (0.0) (0.0) (0.0) 0
Operating Expenses 37.1 30.4 33.6 32.2 30.7 33.4 37.2 48.1 36.0 36.0 33.8 36.3 35.9 41.3 36.4 36.2 33.8 32.9 28.6 25.9 20.3 9.2 5.7 5.7 7.2 6.2
Operating Income
Operating Income (35.1) (29.1) (33.2) (34.9) (30.4) (34.2) (37.9) (48.9) (37.3) (36.8) (35.5) (38.2) (37.3) (44.4) (37.8) (35.7) (34.1) (31.9) (27.4) (24.7) (20.1) (9.0) (4.8) (5.0) (7.0) (5.7)
Interest Expense 1.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0.9 0.7 0.4 0.6 1.0 1.4 1.8 2.1 2.5 2.4 2.2 2.2 2.1 1.7 1.2 0.6 0.3 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.2 0
Profitability
EBITDA (33.3) (20.7) 109.6 (32.7) (28.1) (32.0) (35.6) (35.2) (35.2) (34.6) (33.7) (36.3) (35.6) (42.7) (36.2) (34.2) (32.7) (30.8) (26.5) (24.1) (19.7) (8.8) (4.5) (4.8) (6.8) (5.5)
EBIT (35.1) (25.2) 107.6 (34.9) (30.4) (34.2) (37.9) (37.4) (37.3) (36.8) (35.5) (38.2) (37.3) (44.4) (37.8) (35.7) (34.1) (31.9) (27.4) (24.7) (20.1) (9.0) (4.8) (5.0) (7.0) (5.7)
Income Before Tax (34.9) (25.2) 107.6 (192.7) (34.8) (36.1) (37.4) (43.3) (35.3) (45.0) (33.2) (36.0) (35.2) (42.7) (36.5) (35.0) (33.2) (31.7) (26.6) (24.1) (19.5) (9.0) (4.8) (5.0) (6.9) (5.6)
Income Tax Expense 0.0 0.1 0.1 0.1 0.1 0.0 0.0 0.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Income (35.0) (25.3) 107.5 (192.7) (34.9) (36.1) (37.4) (43.4) (35.3) (45.0) (33.2) (36.0) (35.2) (42.7) (36.5) (35.0) (33.2) (31.7) (26.6) (24.1) (19.5) (9.0) (4.8) (5.0) (6.9) (5.6)
Per Share Data
EPS (Basic) -0.56 -0.40 1.99 -3.50 -0.64 -0.67 -0.70 -0.82 -0.67 -0.92 -0.75 -0.82 -0.80 -0.90 -0.84 -0.79 -0.75 -0.74 -0.65 -0.57 -0.46 -0.21 -0.11 -0.12 -0.16 -0.13
EPS (Diluted) -0.56 -0.40 1.99 -3.50 -0.64 -0.67 -0.70 -0.82 -0.67 -0.92 -0.75 -0.82 -0.80 -0.90 -0.84 -0.79 -0.75 -0.74 -0.63 -0.57 -0.46 -0.21 -0.11 -0.12 -0.16 -0.13
Shares Outstanding 62.8 57.0 55.9 55.0 54.8 54.0 53.7 53.0 52.7 49.0 44.6 44.1 43.9 43.7 43.4 43.4 43.2 42.8 40.9 42.3 42.3 42.3 42.3 42.3 42.3 42.3
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4
Current Assets
Cash & Cash Equivalents 31.2 72.3 45.7 21.7 21.2 28.9 30.5 23.6 29.6 38.5 40.5 34.7 31.9 67.4 117.9 83.0 62.5 66.8 107.5 157.0 469.4 24.6 31.4 0.6 0.7 46.6
Short-Term Investments 68.3 49.6 3.2 28.1 59.8 83.1 104.4 136.6 159.7 182.5 193.1 226.5 256.5 256.4 232.9 295.9 352.0 378.2 370.2 345.5 53.5 0 0 0 0 0
Net Receivables 3.5 3.4 1.9 10.5 0.9 1.3 0.6 0.8 1.1 0.8 0.9 1.0 2.9 3.1 7.4 6.3 5.2 6.4 5.0 3.3 0.9 0.8 1.4 0.1 0 0.6
Inventory 6.0 5.8 4.9 3.7 3.9 2.3 2.1 3.0 2.2 2.4 2.7 2.8 3.0 3.0 1.5 1.9 1.9 2.1 3.3 1.7 1.5 1.2 0.8 (0.1) 0 0.4
Other Current Assets 13.1 22.5 10.6 0.8 3.4 4.4 5.2 5.3 1.6 1.7 2.6 2.7 2.3 2.9 0.9 1.9 1.4 1.1 0.6 0.7 0.1 3.0 1.5 0.1 0.1 (48.4)
Total Current Assets 122.1 153.5 66.4 68.3 91.8 123.3 145.3 172.4 197.4 229.2 242.8 270.7 298.5 335.1 365.4 393.4 425.3 458.5 490.7 512.6 526.7 31.0 35.1 0.7 0.8 0.0
Non-Current Assets
Property, Plant & Equipment 18.2 18.3 18.3 14.7 15.3 14.2 16.1 17.7 19.0 19.4 19.0 17.1 17.3 17.1 17.5 17.4 16.9 15.4 14.7 8.3 8.4 1.6 1.7 0 0 1.6
Goodwill 0 0 0 1.3 1.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0.6 0.8 1.1 0 0 1.7 1.9 2.2 0 0 2.9 3.1 3.3 3.5 3.8 4.0 4.2 4.4 0 0 0 0 0 0 0 0
Long-Term Investments 0 0 0 5 5 5 5 5 5 5 0 0 0 0 0 0 0 0 0 0 0 0 0 243.2 243.2 0
Other Non-Current Assets 6.4 7.0 7.0 1.8 1.0 3.3 0.8 0.8 1.1 1.1 1.1 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.9 0.4 0.4 0.1 0.1 (0.1) 0 (1.5)
Total Non-Current Assets 25.2 26.2 26.4 22.8 22.8 24.2 23.9 25.7 27.5 28.2 22.9 21.0 21.5 21.5 22.1 22.2 21.9 20.7 15.6 8.6 8.8 1.7 1.7 243.2 243.2 0.1
Total Assets 147.3 179.7 92.8 91.1 114.5 147.5 169.1 198.1 224.8 257.4 265.7 291.7 320.0 356.6 387.5 415.6 447.2 479.2 506.3 521.3 535.5 32.6 36.8 243.9 244.0 0.1
Current Liabilities
Account Payables 4.6 5.9 4.4 4.8 4.0 5.5 3.0 3.8 3.4 3.6 3.3 6 3.9 5.2 5.9 4.5 6.6 4.4 5.2 3.3 2.6 2.1 0.1 0 0 0.7
Short-Term Debt 1.4 1.5 1.5 0 0 3.0 3.4 3.8 0 0 3.3 2.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1
Deferred Revenue 0 0 0 1.0 1.1 4.0 3.1 3.9 0 2.1 0 0 0 0 0 0 0 0 0 0 0.0 0.1 0 0 0 (0.7)
Other Current Liabilities 23.8 28.5 14.9 92.3 19.6 21.0 19.7 18.1 6.8 6.5 3.2 2.6 0.2 0.2 3.7 0.1 0.2 2.4 2.6 1.1 0.4 0.8 0.9 0.4 0.1 0
Total Current Liabilities 29.8 35.9 20.9 105.7 31.9 39.2 33.6 32.6 16.6 18.4 14.7 14.5 13.9 21.8 16.5 12.5 13.6 14.3 14.8 12.8 6.4 5.7 1.8 0.4 0.1 0.1
Non-Current Liabilities
Long-Term Debt 100.6 100.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 0.2 0
Other Non-Current Liabilities 29.3 29.7 34.1 103.6 13.7 8.3 5.0 3.7 7.2 6.8 0.0 0.1 0.1 0.1 0.1 0.3 0.4 1.1 1.1 1.8 2.3 0.0 0.1 0 0 0
Total Non-Current Liabilities 129.9 130.6 38.7 103.6 13.8 9.0 6.3 5.5 10.0 10.5 4.5 3.6 4.2 4.9 5.5 6.3 7.1 8.5 9.3 6.3 7.2 0.0 0.1 0.1 0.2 0
Total Liabilities 159.7 166.5 59.6 209.3 45.7 48.1 39.9 38.1 26.6 28.9 19.3 18.1 18.1 26.7 22.0 18.8 20.7 22.8 24.1 19.1 13.6 5.7 1.8 0.5 0.4 0.1
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 238.4 238.6 0.0
Retained Earnings (792.3) (757.3) (732.0) (839.5) (646.7) (611.9) (575.7) (538.3) (494.9) (459.6) (414.6) (381.4) (345.4) (310.3) (267.6) (231.1) (196.1) (163.0) (131.2) (104.6) (80.5) (61.1) (52.1) 1.0 1.2 (0.0)
Accumulated Other Comprehensive Income (0.0) (0.0) 0 (0.0) (0.0) 0.0 0.1 (0.2) (0.2) (0.1) (1.0) (1.9) (2.4) (3.6) (4.7) (3.9) (3.0) (0.5) (0.1) (0.1) (0.0) 0 0 0 0 (79.2)
Total Stockholders' Equity (12.4) 13.2 33.2 (118.2) 68.8 99.4 129.3 160.0 198.2 228.4 246.4 273.6 302.0 329.9 365.5 396.9 426.5 456.4 482.1 502.2 521.9 26.9 34.9 243.4 243.6 0.0
Total Liabilities & Equity 147.3 179.7 92.8 91.1 114.5 147.5 169.1 198.1 224.8 257.4 265.7 291.7 320.0 356.6 387.5 415.6 447.2 479.2 506.3 521.3 535.5 32.6 36.7 243.9 244.0 0.1
Debt Metrics
Total Debt 102.1 102.4 6.1 1.8 2.8 3.8 4.7 5.6 6.5 7.4 7.8 6.0 6.7 7.5 8.2 8.9 9.6 10.3 11.0 5.9 6.1 0 0 0 0 0.1
Net Debt 70.9 30.1 (39.6) (19.9) (18.4) (25.1) (25.8) (18.0) (23.1) (31.2) (32.7) (28.7) (25.2) (60.0) (109.7) (74.1) (52.9) (56.5) (96.4) (151.1) (463.3) (24.6) (31.4) (0.6) (0.7) (46.6)
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4
Operating Activities
Net Income (35.0) (25.3) 107.5 (192.7) (34.9) (36.1) (37.4) (43.4) (35.3) (45.0) (33.2) (36.0) (35.2) (42.7) (36.5) (35.0) (33.2) (31.7) (26.6) (24.1) (19.5) (9.0) (4.8) (5.0) (6.9) 0
Depreciation & Amortization 1.9 1.9 2.1 2.3 2.3 2.3 2.2 2.3 2.2 2.3 1.8 1.9 1.7 1.7 1.6 1.5 1.3 1.1 0.9 0.6 0.4 0.2 0.2 0.2 0.2 0
Stock-Based Compensation 9.4 5.3 5.9 6.0 4.6 6.6 0 5.4 5.3 5.5 5.1 7.0 6.0 0 6.1 6.4 0 6.2 7.5 4.0 4.5 0 1.0 0.9 0.9 0
Change in Working Capital (1.3) 2.4 (9.5) (7.4) (7.7) 3.1 1.9 10.9 (2.9) 3.9 (1.2) 0.3 (7.9) 8.3 3.2 (4.6) (1.1) (1.0) (4.9) 0.4 0.4 (0.4) (1.0) (0.5) 0.1 0
Other Non-Cash Items (0.8) (6.4) (138.3) 162.0 5.0 3.3 7.4 (4.3) (0.2) 14.9 (0.7) (0.7) (0.6) 5.9 0.4 0.2 6.4 0.5 (0.1) (0.2) (0.7) (11.3) 0 (4.7) (8.1) 0
Operating Cash Flow (25.8) (22.1) (32.3) (29.8) (30.8) (20.9) (25.9) (29.2) (31.0) (27.3) (28.1) (27.4) (36.0) (26.8) (25.1) (31.4) (26.5) (24.9) (23.2) (19.2) (14.8) (20.5) (4.5) (4.4) (5.7) 0
Investing Activities
Capital Expenditure (2.2) (1.5) (1.3) (1.4) (0.5) (2.1) (0.5) (0.8) (1.6) (2.7) (1.0) (1.1) (1.3) (1.5) (2.1) (2.6) (1.3) (1.6) (1.0) (0.5) (0.7) (0.9) (0.4) (0.1) (0.2) 0
Acquisitions 0 0 0 0 0 0 0 0 0 (7.4) (35.0) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (36.8) (49.5) (2.2) (7.4) (16.0) (17.1) (10.8) (13.2) (38.9) (59.7) (23.5) (19.6) (54.5) (66.5) (4.0) (57.4) (82.3) (117.6) (88.2) (312.7) (53.5) 241.5 0 0 0 0
Sales/Maturities of Investments 18.5 3.2 27.2 39.4 39.8 38.9 44.2 37.4 62.6 67.1 58.5 50.9 56.2 44.4 66.2 112.4 105.6 108.6 63.0 20.1 0 (0.2) 0 0 0 0
Other Investing Activities 0 0 0 0 0 0 0 0 0 7.4 35.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Investing Cash Flow (20.5) (47.8) 23.7 30.6 23.3 19.6 32.9 23.4 22.0 4.7 34.0 30.2 0.4 (23.6) 60.1 52.3 22.0 (15.1) (26.2) (293.1) (54.2) 240.5 (0.4) (0.1) (0.2) 0
Financing Activities
Net Debt Issuance (0.3) 94.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 0 0 0 0.1
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 5.5 2.8 0 (0.4) (0.2) (0.3) (0.1) (0.2) (0.1) (0.1) (0.0) 0 (0.0) (0.1) (0.2) (0.4) 0 (0.8) (0.5) (0.3) 513.5 0 0.0 0.0 0.0 0
Financing Cash Flow 5.2 96.5 32.5 (0.3) (0.2) (0.3) (0.1) (0.2) (0.0) 20.6 (0.0) 0.1 0.0 (0.1) (0.1) (0.4) 0.2 (0.6) (0.2) (0.1) 513.7 (242.3) 0.0 0.0 0.0 0
Cash Position
Net Change in Cash (41.1) 26.6 23.9 0.5 (7.7) (1.6) 6.8 (6.0) (8.9) (2.0) 5.9 2.8 (35.6) (50.5) 34.8 20.5 (4.3) (40.6) (49.5) (312.4) 444.8 24.3 (4.9) (4.4) (5.9) 0
Cash at Beginning 72.3 45.7 21.7 21.2 28.9 30.5 23.6 29.6 38.5 40.5 34.7 31.9 67.4 117.9 83.0 62.5 66.8 107.5 157.0 469.4 24.6 0.3 36.3 40.7 46.6 0
Cash at End 31.2 72.3 45.7 21.7 21.2 28.9 30.5 23.6 29.6 38.5 40.5 34.7 31.9 67.4 117.9 83.0 62.5 66.8 107.5 157.0 469.4 24.6 31.4 36.3 40.7 0
Free Cash Flow (28.1) (23.7) (33.6) (31.2) (31.3) (23.0) (26.4) (29.9) (32.6) (30.0) (29.1) (28.5) (37.3) (28.3) (27.2) (34.0) (27.8) (26.6) (24.2) (19.7) (15.5) (21.4) (4.9) (4.5) (6.0) 0
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q3 2021 Q2 2021 Q1 2020 Q4 2020 Q3 2020 Q2 2020 Q1 2019 Q4
Income Statement
Revenue 6.3 5.6 3.6 5.5 3.4 2.7 2.2 2.0 2.1 1.6 0.8 0.7 1.1 0.2 1.4 1.5 1.1 2.9 3.5 2.6 0.3 0.7 1.9 1.6 0.5 0.8
Gross Profit 1.9 1.3 0.4 (2.7) 0.3 (0.8) (0.7) (0.8) (1.4) (0.9) (1.7) (1.9) (1.4) (3.1) (1.4) 0.5 (0.2) 0.9 1.2 1.2 0.1 0.2 1.0 0.7 0.2 0.5
Operating Income (35.1) (29.1) (33.2) (34.9) (30.4) (34.2) (37.9) (48.9) (37.3) (36.8) (35.5) (38.2) (37.3) (44.4) (37.8) (35.7) (34.1) (31.9) (27.4) (24.7) (20.1) (9.0) (4.8) (5.0) (7.0) (5.7)
Net Income (35.0) (25.3) 107.5 (192.7) (34.9) (36.1) (37.4) (43.4) (35.3) (45.0) (33.2) (36.0) (35.2) (42.7) (36.5) (35.0) (33.2) (31.7) (26.6) (24.1) (19.5) (9.0) (4.8) (5.0) (6.9) (5.6)
EPS (Diluted) -0.56 -0.40 1.99 -3.50 -0.64 -0.67 -0.70 -0.82 -0.67 -0.92 -0.75 -0.82 -0.80 -0.90 -0.84 -0.79 -0.75 -0.74 -0.63 -0.57 -0.46 -0.21 -0.11 -0.12 -0.16 -0.13
Balance Sheet
Cash & Equivalents 31.2 72.3 45.7 21.7 21.2 28.9 30.5 23.6 29.6 38.5 40.5 34.7 31.9 67.4 117.9 83.0 62.5 66.8 107.5 157.0 469.4 24.6 31.4 0.6 0.7 46.6
Total Assets 147.3 179.7 92.8 91.1 114.5 147.5 169.1 198.1 224.8 257.4 265.7 291.7 320.0 356.6 387.5 415.6 447.2 479.2 506.3 521.3 535.5 32.6 36.8 243.9 244.0 0.1
Total Debt 102.1 102.4 6.1 1.8 2.8 3.8 4.7 5.6 6.5 7.4 7.8 6.0 6.7 7.5 8.2 8.9 9.6 10.3 11.0 5.9 6.1 0 0 0 0 0.1
Stockholders' Equity (12.4) 13.2 33.2 (118.2) 68.8 99.4 129.3 160.0 198.2 228.4 246.4 273.6 302.0 329.9 365.5 396.9 426.5 456.4 482.1 502.2 521.9 26.9 34.9 243.4 243.6 0.0
Cash Flow
Operating Cash Flow (25.8) (22.1) (32.3) (29.8) (30.8) (20.9) (25.9) (29.2) (31.0) (27.3) (28.1) (27.4) (36.0) (26.8) (25.1) (31.4) (26.5) (24.9) (23.2) (19.2) (14.8) (20.5) (4.5) (4.4) (5.7) 0
Capital Expenditure (2.2) (1.5) (1.3) (1.4) (0.5) (2.1) (0.5) (0.8) (1.6) (2.7) (1.0) (1.1) (1.3) (1.5) (2.1) (2.6) (1.3) (1.6) (1.0) (0.5) (0.7) (0.9) (0.4) (0.1) (0.2) 0
Free Cash Flow (28.1) (23.7) (33.6) (31.2) (31.3) (23.0) (26.4) (29.9) (32.6) (30.0) (29.1) (28.5) (37.3) (28.3) (27.2) (34.0) (27.8) (26.6) (24.2) (19.7) (15.5) (21.4) (4.9) (4.5) (6.0) 0