Aeva Technologies Inc (AEVA) stock price forecast predicts $4.75 value

A share price of Aeva Technologies Inc [AEVA] is currently trading at $3.19, up 1.27%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AEVA shares have gain 11.54% over the last week, with a monthly amount glided 6.69%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Aeva Technologies Inc [NYSE: AEVA] stock has seen the most recent analyst activity on July 18, 2022, when Piper Sandler downgraded its rating to a Neutral and also revised its price target to $3 from $5. Previously, Credit Suisse started tracking the stock with Outperform rating on April 14, 2022, and set its price target to $6. On July 19, 2021, Morgan Stanley initiated with a Equal-Weight rating and assigned a price target of $11 on the stock. New Street started tracking the stock assigning a Buy rating and suggested a price target of $18 on July 07, 2021. Robert W. Baird initiated its recommendation with a Outperform and recommended $20 as its price target on April 01, 2021.

Aeva Technologies Inc experienced fluctuations in its stock price throughout the past year between $2.20 and $7.25. Currently, Wall Street analysts expect the stock to reach $4.75 within the next 12 months. Aeva Technologies Inc [NYSE: AEVA] shares were valued at $3.19 at the most recent close of the market. An investor can expect a potential return of 48.9% based on the average AEVA price forecast.

Analyzing the AEVA fundamentals

Trailing Twelve Months sales for Aeva Technologies Inc [NYSE:AEVA] were 6.54M which represents 170.79% growth. Gross Profit Margin for this corporation currently stands at -0.74% with Operating Profit Margin at -22.49%, Pretax Profit Margin comes in at -23.98%, and Net Profit Margin reading is -23.99%. To continue investigating profitability, this company’s Return on Assets is posted at -0.79, Equity is -0.75 and Total Capital is -0.89. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.05 points at the first support level, and at 2.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.30, and for the 2nd resistance point, it is at 3.41.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Aeva Technologies Inc [NYSE:AEVA] is 5.28. Also, the Quick Ratio is 5.19, while the Cash Ratio stands at 0.72. Considering the valuation of this stock, the price to sales ratio is 26.17, the price to book ratio is 1.06.

Transactions by insiders

Recent insider trading involved Dardashti Soroush Salehian, Chief Executive Officer, that happened on Sep 04 ’24 when 0.12 million shares were sold. Chief Executive Officer, Dardashti Soroush Salehian completed a deal on Sep 03 ’24 to sell 85601.0 shares. Meanwhile, Chief Executive Officer Dardashti Soroush Salehian sold 49678.0 shares on Sep 05 ’24.

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