
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT
- About


Aeva Technologies, Inc. Common Stock (AEVA)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/28/2025: AEVA (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $26.2
1 Year Target Price $26.2
3 | Strong Buy |
1 | Buy |
1 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 44.88% | Avg. Invested days 32 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 936.73M USD | Price to earnings Ratio - | 1Y Target Price 26.2 |
Price to earnings Ratio - | 1Y Target Price 26.2 | ||
Volume (30-day avg) 5 | Beta 1.95 | 52 Weeks Range 2.36 - 38.80 | Updated Date 08/29/2025 |
52 Weeks Range 2.36 - 38.80 | Updated Date 08/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -5.5 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-08-06 | When - | Estimate -0.11 | Actual -3.49 |
Profitability
Profit Margin - | Operating Margin (TTM) -633.7% |
Management Effectiveness
Return on Assets (TTM) -59.4% | Return on Equity (TTM) -1441.64% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 888707617 | Price to Sales(TTM) 67.76 |
Enterprise Value 888707617 | Price to Sales(TTM) 67.76 | ||
Enterprise Value to Revenue 64.28 | Enterprise Value to EBITDA -0.08 | Shares Outstanding 56327700 | Shares Floating 22934949 |
Shares Outstanding 56327700 | Shares Floating 22934949 | ||
Percent Insiders 24.36 | Percent Institutions 64.41 |
Upturn AI SWOT
Aeva Technologies, Inc. Common Stock

Company Overview
History and Background
Aeva Technologies, Inc. was founded in 2017 by former Apple engineers Soroush Salehian and Mina Rezk. The company focuses on developing Frequency Modulated Continuous Wave (FMCW) lidar technology for autonomous vehicles and other applications. Aeva went public via SPAC merger in March 2021.
Core Business Areas
- Autonomous Vehicles: Develops and sells lidar sensors for use in autonomous vehicles, enabling perception and navigation capabilities.
- Industrial Automation: Provides lidar solutions for industrial applications such as robotics, logistics, and mapping.
- Other applications: Exploring partnerships in construction, trucking, and security.
Leadership and Structure
Soroush Salehian serves as the CEO and Mina Rezk as the CTO. The company has a typical corporate structure with departments such as engineering, sales, marketing, and finance.
Top Products and Market Share
Key Offerings
- Aeries II: A high-performance FMCW lidar sensor designed for autonomous vehicles. Data for market share and number of users is not publicly available. Competitors include Luminar, Velodyne, and Innoviz.
- 4D LiDAR on Chip: A system on chip design of 4D lidar to be used for various applications. Data for market share and number of users is not publicly available. Competitors include Luminar, Velodyne, and Innoviz.
Market Dynamics
Industry Overview
The lidar market is rapidly growing, driven by the increasing demand for autonomous vehicles, robotics, and advanced driver-assistance systems (ADAS). The market is competitive, with several established players and emerging startups.
Positioning
Aeva focuses on FMCW lidar technology, which offers advantages over traditional Time-of-Flight (ToF) lidar in terms of range, resolution, and immunity to interference. The company aims to be a leading provider of lidar solutions for autonomous vehicles and other applications.
Total Addressable Market (TAM)
The TAM for lidar is estimated to reach tens of billions of dollars in the coming years. Aeva is positioned to capture a share of this market through its FMCW technology.
Upturn SWOT Analysis
Strengths
- FMCW lidar technology
- Strong engineering team
- Strategic partnerships (e.g., with Tier 1 automotive suppliers)
Weaknesses
- Relatively small revenue base
- High operating expenses
- Dependence on key customers
Opportunities
- Growing demand for lidar in autonomous vehicles
- Expansion into new markets (e.g., industrial automation)
- Potential for cost reduction through economies of scale
Threats
- Intense competition in the lidar market
- Technological advancements by competitors
- Economic downturn affecting automotive sales
Competitors and Market Share
Key Competitors
- Luminar Technologies, Inc. (LAZR)
- Velodyne Lidar, Inc. (VLDR)
- Innoviz Technologies Ltd. (INVZ)
Competitive Landscape
Aeva's advantage lies in its FMCW lidar technology. However, it faces strong competition from established players with larger revenue bases and market share.
Growth Trajectory and Initiatives
Historical Growth: Historical growth requires access to real-time financial data sources. Without this access, specific data cannot be provided. However, growth has been dependent on partnerships and adoption of AV technologies.
Future Projections: Future projections require access to analyst estimates. Without this access, specific data cannot be provided. Analyst estimates are for a substantial growth based on expansion of FMCW technology.
Recent Initiatives: Strategic partnerships with automotive suppliers, development of new lidar products, and expansion into new markets are recent initiatives undertaken by Aeva Technologies, Inc.
Summary
Aeva Technologies is a lidar company with promising FMCW technology, yet faces competition from established players. Its strengths lie in its innovative technology and strategic partnerships, while its weaknesses include a smaller revenue base and high operating expenses. Growth depends on successful adoption of FMCW and expansion into new markets. Keep a look out for market share growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Industry Reports
- Analyst Reports
Disclaimers:
This analysis is based on publicly available information and should not be considered financial advice. Market share estimates are approximate and may vary based on different sources.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Aeva Technologies, Inc. Common Stock
Exchange NYSE | Headquaters Mountain View, CA, United States | ||
IPO Launch date 2020-02-27 | Co-Founder, CEO & Director Mr. Soroush Salehian Dardashti | ||
Sector Technology | Industry Software - Infrastructure | Full time employees 276 | Website https://www.aeva.com |
Full time employees 276 | Website https://www.aeva.com |
Aeva Technologies, Inc. engages in the design, development, manufacture, and sale of LiDAR sensing systems, and related perception and autonomy-enabling software solutions in North America, Europe, the Middle East, Africa, and Asia. The company develops its products using frequency modulated continuous wave (FMCW) sensing technology. It offers Aeries II, a 4D LiDAR solution that consist of 4D LiDAR sensing system with embedded software for automotive grade production across passenger car, trucking, and mobility applications; Atlas, a FMCW 4D LiDAR with simultaneous velocity and range detection for mass production and built to meet automotive-grade requirements; and Atlas Ultra, a 4D LiDAR sensor built to meet the performance demands of SAE Level 3 and 4 automated driving systems in passenger and commercial vehicles. The company's products are also used in consumer devices, industrial automation, and security market applications. Aeva Technologies, Inc. was founded in 2017 and is headquartered in Mountain View, California.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.