Aeva Technologies (NASDAQ:AEVA) Shares Gap Up – Here’s Why

Shares of Aeva Technologies, Inc. (NASDAQ:AEVA) gapped up prior to trading on Thursday . The stock had previously closed at $20.69, but opened at $22.20. Aeva Technologies shares last traded at $20.29, with a volume of 1,216,823 shares traded.

Key Stories Impacting Aeva Technologies

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

• Positive Sentiment: Company unveiled a high‑power semiconductor optical amplifier aimed at AI data centers and “physical AI” applications, positioning Aeva for a potentially larger addressable market beyond automotive LiDAR — a bullish product development that investors often reward. Aeva Unveils High‑Power Optical Amplifier
• Positive Sentiment: Coverage highlighted an NVIDIA DRIVE LiDAR win and new AI chip opportunities tied to Aeva, which helped spark intraday buying interest and a short‑term rerating in sentiment. These commercial/partner signals can support upside if they translate into revenue later. Yahoo: AEVA Up After NVIDIA DRIVE LiDAR Win
• Neutral Sentiment: Media picked up the product debut broadly (MSN recap), which increases visibility but doesn’t guarantee contracts or revenue timing — useful for sentiment but uncertain for near‑term fundamentals. MSN: Aeva Jumps After Debut
• Neutral Sentiment: Analyst coverage remains mixed (buy/hold/sell, avg target ~$26.50) and the company still shows weak near‑term fundamentals (small recent revenue, negative EPS), so product news may take time to affect valuation materially. MarketBeat: Analyst Summary & Financials
• Negative Sentiment: Material insider selling: CFO Saurabh Sinha sold 60,000 shares at ~$20.64 (≈$1.24M); the company also reported recent CEO and CTO sales (each reported at ~ $1.22M). Large, clustered sales by multiple senior executives often trigger negative investor reactions over concerns about timing and insider conviction. InsiderTrades: CFO Sells 60,000 Shares
• Negative Sentiment: Repeated insider disposals (multiple sales by the CFO across several recent dates and reported CEO/CTO sales) increase perceived near‑term selling pressure and likely contributed to today’s share decline. AmericanBankingNews: Insider Selling

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Wall Street Zen lowered Aeva Technologies from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Canaccord Genuity Group restated a “buy” rating and issued a $24.00 price objective on shares of Aeva Technologies in a research note on Thursday, December 4th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Aeva Technologies in a research note on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $26.50.

Aeva Technologies Stock Performance

The firm has a market capitalization of $1.16 billion, a P/E ratio of -3.64 and a beta of 2.08. The stock has a 50 day moving average of $13.78 and a 200-day moving average of $16.70.

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

Insider Buying and Selling at Aeva Technologies

In other Aeva Technologies news, CTO Mina Rezk sold 64,787 shares of the stock in a transaction on Friday, January 9th. The stock was sold at an average price of $18.85, for a total transaction of $1,221,234.95. Following the sale, the chief technology officer owned 1,469,760 shares in the company, valued at $27,704,976. This represents a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Soroush Salehian Dardashti sold 64,787 shares of the business’s stock in a transaction on Friday, January 9th. The shares were sold at an average price of $18.85, for a total value of $1,221,234.95. Following the sale, the chief executive officer owned 1,766,412 shares in the company, valued at approximately $33,296,866.20. The trade was a 3.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,651,923 shares of company stock valued at $22,904,227 in the last 90 days. 27.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Aeva Technologies

Institutional investors and hedge funds have recently modified their holdings of the company. SG Americas Securities LLC grew its stake in Aeva Technologies by 49.6% during the fourth quarter. SG Americas Securities LLC now owns 14,461 shares of the company’s stock valued at $192,000 after acquiring an additional 4,797 shares in the last quarter. Captrust Financial Advisors bought a new position in Aeva Technologies in the 3rd quarter valued at $5,111,000. Jacobs Levy Equity Management Inc. purchased a new position in shares of Aeva Technologies during the 3rd quarter valued at $857,000. XTX Topco Ltd bought a new position in shares of Aeva Technologies in the third quarter worth $657,000. Finally, Voloridge Investment Management LLC raised its position in shares of Aeva Technologies by 78.1% in the third quarter. Voloridge Investment Management LLC now owns 844,920 shares of the company’s stock worth $12,251,000 after buying an additional 370,415 shares in the last quarter. 62.92% of the stock is owned by hedge funds and other 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.