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Aeva Technologies, Inc. Common Stock (AEVA)



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Upturn Advisory Summary
09/16/2025: 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 ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 911.38M 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 2 | 52 Weeks Range 2.52 - 38.80 | Updated Date 09/16/2025 |
52 Weeks Range 2.52 - 38.80 | Updated Date 09/16/2025 | ||
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 - | When - | Estimate - | Actual - |
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 854910998 | Price to Sales(TTM) 65.92 |
Enterprise Value 854910998 | Price to Sales(TTM) 65.92 | ||
Enterprise Value to Revenue 61.84 | Enterprise Value to EBITDA -0.08 | Shares Outstanding 56327700 | Shares Floating 22971562 |
Shares Outstanding 56327700 | Shares Floating 22971562 | ||
Percent Insiders 24.3 | Percent Institutions 64.57 |
Upturn AI SWOT
Aeva Technologies, Inc. Common Stock

Company Overview
History and Background
Aeva Technologies, Inc. was founded in 2017. It focuses on developing Frequency Modulated Continuous Wave (FMCW) lidar sensors and perception software. Aeva went public in 2021 via a SPAC merger with InterPrivate Acquisition Corp.
Core Business Areas
- Sensing and Perception: Develops FMCW lidar sensors for various applications, including automotive, industrial automation, and mapping.
- Software and Algorithms: Provides perception software and algorithms to process lidar data and enable autonomous navigation and object detection.
Leadership and Structure
Soroush Salehian is the CEO and Mina Rezk is 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 FMCW lidar sensor designed for automotive and industrial applications. Market share data is difficult to ascertain precisely, but Aeva competes with Velodyne, Luminar, and Innoviz. Aeva has secured design wins with major automotive OEMs.
- Estimated Market Share or Revenue: Proprietary Data
- Aeries: The original FMCW lidar sensor, designed for diverse applications. Like the Aeries II, specific market share is not publicly available. Competitors are the same as above, Velodyne, Luminar, and Innoviz.
- Estimated Market Share or Revenue: Proprietary Data
Market Dynamics
Industry Overview
The lidar market is rapidly growing, driven by the increasing demand for autonomous driving and advanced driver-assistance systems (ADAS). The industrial automation, robotics, and mapping sectors also contribute to the market's growth.
Positioning
Aeva positions itself as a leader in FMCW lidar technology, which offers advantages over traditional time-of-flight (ToF) lidar systems, such as longer range, higher resolution, and immunity to interference.
Total Addressable Market (TAM)
The total addressable market for lidar is estimated to reach tens of billions of dollars by the end of the decade. Aeva is positioned to capture a significant share of this market with its FMCW technology.
Upturn SWOT Analysis
Strengths
- FMCW lidar technology advantage
- Strong partnerships with automotive OEMs
- Experienced leadership team
- Proprietary 4D LiDAR-on-chip technology
- Deep expertise in sensing and perception
Weaknesses
- High cash burn rate
- Limited revenue generation to date
- Reliance on key partnerships
- Relatively new company with limited track record
- Intense competition in the lidar market
Opportunities
- Expanding into new markets (industrial, robotics)
- Securing more automotive OEM design wins
- Developing more advanced lidar sensors
- Potential for strategic acquisitions
- Government funding for autonomous vehicle research
Threats
- Intense competition from established lidar companies
- Technological advancements by competitors
- Economic downturn affecting automotive sales
- Regulatory hurdles for autonomous driving
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- VLDR
- LAZR
- INVZ
Competitive Landscape
Aeva has a competitive advantage with its FMCW lidar technology, but faces stiff competition from established players with larger market shares and existing customer relationships. Aeva's differentiation relies on technology.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been limited due to the company being in the early stages of commercialization.
Future Projections: Analyst projections vary widely depending on the company's ability to secure new design wins and execute its growth strategy.
Recent Initiatives: Focusing on automotive design wins and expanding into industrial and robotics markets.
Summary
Aeva is developing promising FMCW lidar technology but faces challenges including revenue generation, high cash burn, and intense competition. Securing automotive design wins and expanding into new markets are crucial for its growth. Investors should monitor financial performance and competitive developments. Aeva's success depends on successfully commercializing its technology and achieving profitability.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Analyst Reports
- Industry News Articles
- Company Website
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Market share estimates are approximate and based on available data.
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 NASDAQ | 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.

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