Aeva Q4 revenue beats analyst expectations

Reuters02-27
Aeva Q4 revenue beats analyst expectations

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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