EVE (NYSE:EVEX) Given New $7.00 Price Target at Canaccord Genuity Group

EVE (NYSE:EVEX) had its target price trimmed by Canaccord Genuity Group from $7.50 to $7.00 in a report released on Friday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other brokerages have also recently commented on EVEX. D. Boral Capital initiated coverage on EVE in a research report on Friday, August 21st. They issued a “buy” rating and a $6.00 price target on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of EVE in a report on Monday, October 19th. JPMorgan Chase & Co. upped their price objective on EVE from $6.00 to $6.50 and gave the stock an “overweight” rating in a research report on Wednesday, August 12th. Jefferies Financial Group set a $5.00 price objective on shares of EVE in a research note on Wednesday, August 5th. Finally, Wall Street Zen downgraded EVE from a “sell” rating to a “strong sell” rating in a report on Sunday, October 4th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $5.89.

EVE Stock Performance

EVEX traded up $0.28 during trading on Friday, hitting $1.85. The stock had a trading volume of 1,611,567 shares, compared to its average volume of 1,160,042. The company has a debt-to-equity ratio of 13.65, a current ratio of 3.48 and a quick ratio of 3.48. The firm has a market cap of $646.45 million, a price-to-earnings ratio of -2.90 and a beta of 1.25. The company has a 50 day moving average price of $1.87 and a 200-day moving average price of $2.62. EVE has a one year low of $1.41 and a one year high of $5.16.

EVE (NYSE:EVEX) last released its quarterly earnings results on Thursday, November 5th. The company reported ($0.16) EPS for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.02. As a group, research analysts predict that EVE will post -0.69 EPS for the current year.

Institutional Trading of EVE

A number of large investors have recently bought and sold shares of EVEX. BlackRock Inc. acquired a new position in shares of EVE in the 2nd quarter valued at about $17,742,000. Kapitalo Investimentos Ltda bought a new position in shares of EVE during the 2nd quarter worth approximately $2,761,000. SPX Gestao de Recursos Ltda bought a new position in shares of EVE during the 2nd quarter worth approximately $1,041,000. Renaissance Technologies LLC acquired a new stake in shares of EVE during the 1st quarter worth approximately $854,000. Finally, Ieq Capital LLC acquired a new stake in shares of EVE during the 2nd quarter worth approximately $685,000. 1.27% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting EVE

Here are the key news stories impacting EVE this week:

• Positive Sentiment: Eve reported a third-quarter 2026 loss of $0.16 per share, better than analysts’ $0.18-per-share loss estimate. The earnings beat may have supported the stock’s upward move. Eve Holding Q3 2026 results
• Neutral Sentiment: Canaccord Genuity lowered its price target to $7 from $7.50 but maintained a Buy rating. The revised target still implies substantial upside from the cited $1.85 share price, though the reduction tempers the positive outlook. Canaccord Genuity recommendations

EVE Company Profile

Eve Air Mobility, formerly known as Eve Holding, Inc, develops electric vertical takeoff and landing (eVTOL) aircraft and related urban air mobility solutions. The company is focused on creating quieter, lower-emission transportation options for short urban and regional trips, including passenger flights, airport transfers and other specialized missions.

Its primary product is an eVTOL aircraft designed to operate using electric propulsion and vertical takeoff and landing capabilities.