Aeva Technologies (NASDAQ:AEVA) Shares Gap Up – What’s Next?

Aeva Technologies, Inc. (NASDAQ:AEVA) shares gapped up before the market opened on Tuesday . The stock had previously closed at $13.09, but opened at $16.46. Aeva Technologies shares last traded at $17.21, with a volume of 6,168,918 shares.

Aeva Technologies News Roundup

Here are the key news stories impacting Aeva Technologies this week:

• Positive Sentiment: Aeva announced its FMCW 4D LiDAR has been selected as a reference sensor on NVIDIA’s DRIVE Hyperion autonomous vehicle platform — a strategic win that strengthens Aeva’s OEM pipeline credibility and likely drove buying interest. Aeva and NVIDIA to Integrate 4D LiDAR
• Positive Sentiment: Unusual options activity: call open interest spiked (4,289 calls, ~158% above average), indicating short-term bullish/speculative positioning that can amplify upward price moves. (Source: market alert)
• Neutral Sentiment: Trading dynamics: volume is elevated vs. average, and the stock remains below its 200‑day moving average — momentum-driven moves may be volatile and short-lived. (Market data)
• Neutral Sentiment: Analyst picture is mixed: several buy ratings coexist with hold/sell opinions and a consensus price target below the recent intraday highs, so longer-term analyst support is not unanimous. (MarketBeat/analyst summary)
• Negative Sentiment: Significant insider selling — CEO Soroush Salehian Dardashti sold 488,160 shares (~21% reduction), CTO Mina Rezk sold 321,723 shares (~17% reduction), and CFO Saurabh Sinha sold 12,147 shares (~1.7% reduction). Large insider disposals (especially by CEO/CTO) can raise concerns about near-term insider conviction. SEC filings: CEO filing, CTO filing, CFO filing
• Negative Sentiment: Fundamentals remain challenging: Aeva still posts large losses (negative EPS and margins), which keeps the stock speculative and dependent on execution and commercialization progress. (Company earnings/filings)

Analysts Set New Price Targets

A number of research analysts recently weighed in on AEVA shares. Wall Street Zen downgraded Aeva Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Canaccord Genuity Group reiterated a “buy” rating and set a $24.00 price target on shares of Aeva Technologies in a report on Thursday, December 4th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Aeva Technologies in a research report on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $26.50.

Aeva Technologies Stock Performance

The stock has a market cap of $969.69 million, a P/E ratio of -3.03 and a beta of 2.08. The firm has a 50 day moving average of $13.07 and a two-hundred day moving average of $17.28.

Aeva Technologies (NASDAQ:AEVA) last issued its quarterly earnings results on Wednesday, November 5th. The company reported ($0.46) EPS for the quarter. Aeva Technologies had a negative return on equity of 603.21% and a negative net margin of 1,031.15%.The business had revenue of $3.58 million for the quarter. On average, sell-side analysts anticipate that Aeva Technologies, Inc. will post -2.7 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO Saurabh Sinha sold 48,086 shares of the business’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $9.97, for a total transaction of $479,417.42. Following the transaction, the chief financial officer owned 720,512 shares in the company, valued at approximately $7,183,504.64. The trade was a 6.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Soroush Salehian Dardashti sold 488,160 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $12.96, for a total transaction of $6,326,553.60. Following the transaction, the chief executive officer directly owned 1,831,199 shares of the company’s stock, valued at $23,732,339.04. This represents a 21.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,441,740 shares of company stock valued at $18,834,878. 27.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On Aeva Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quantbot Technologies LP lifted its position in shares of Aeva Technologies by 122.8% in the 3rd quarter. Quantbot Technologies LP now owns 2,099 shares of the company’s stock worth $30,000 after acquiring an additional 1,157 shares during the period. GAMMA Investing LLC raised its stake in shares of Aeva Technologies by 92.2% in the second quarter. GAMMA Investing LLC now owns 865 shares of the company’s stock valued at $33,000 after purchasing an additional 415 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Aeva Technologies by 27,345.0% in the first quarter. Jones Financial Companies Lllp now owns 5,489 shares of the company’s stock worth $38,000 after purchasing an additional 5,469 shares during the period. Total Investment Management Inc. bought a new position in Aeva Technologies in the second quarter worth $43,000. Finally, AlphaQuest LLC acquired a new stake in Aeva Technologies during the second quarter worth $51,000. 62.92% of the stock is currently owned by institutional investors.

About Aeva Technologies

Aeva Technologies, Inc is a technology company specializing in the development and commercialization of advanced sensing and perception solutions based on frequency-modulated continuous wave (FMCW) LiDAR. Headquartered in Mountain View, California, Aeva’s core products include solid-state LiDAR sensors and perception software designed to provide high-resolution, long-range 4D data for automotive, industrial and robotic applications. The company’s FMCW approach enables simultaneous measurement of both object velocity and distance, distinguishing Aeva’s systems from traditional time-of-flight LiDAR solutions.

Founded in 2016 by Soroush Salehian and Mina Rezk, Aeva began as Aeon Imaging before adopting its current name in 2019.