Overview
Sensing systems firm's Q4 revenue rose, beating analyst expectations
Adjusted EPS for Q4 beat analyst expectations
Company awarded major production contract by top European passenger OEM
Outlook
Aeva projects 2026 revenue between $30 mln and $36 mln, up 70% to 100% YoY
Result Drivers
MAJOR CONTRACT - Aeva secured a major production contract with a top European passenger OEM as the exclusive Tier-1 LiDAR supplier
NEW MARKETS - Revenue growth driven by scaling volume and expansion into new markets
Company press release: ID:nBw9LQgqba
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $5.62 mln | $4.32 mln (4 Analysts) |
Q4 Adjusted EPS | Beat | -$0.40 | -$0.44 (5 Analysts) |
Q4 EPS | -$0.42 | ||
Q4 Net Income | -$25.31 mln | ||
Q4 EBIT | -$29.10 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the communications & networking peer group is "buy"
Wall Street's median 12-month price target for Aeva Technologies Inc is $24.00, about 76% above its February 25 closing price of $13.64
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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