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EVE
Upturn stock ratingUpturn stock rating

EVe Mobility Acquisition Corp (EVE)

Upturn stock ratingUpturn stock rating
$11.26
Last Close (24-hour delay)
Profit since last BUY1.26%
upturn advisory
Consider higher Upturn Star rating
BUY since 57 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

12/24/2024: EVE (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $0

1 Year Target Price $0

Analysts Price Target For last 52 week
$0Target price
Low$
Current$11.26
high$

Analysis of Past Performance

Type Stock
Historic Profit 9.53%
Avg. Invested days 143
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 12/24/2024

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 162.75M USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta -0.01
52 Weeks Range 10.63 - 11.30
Updated Date 06/29/2025
52 Weeks Range 10.63 - 11.30
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.25

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -0.54%
Return on Equity (TTM) 217.1%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 162897611
Price to Sales(TTM) -
Enterprise Value 162897611
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -122.45
Shares Outstanding 14446500
Shares Floating 6602638
Shares Outstanding 14446500
Shares Floating 6602638
Percent Insiders 53.41
Percent Institutions 5.79

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

EVe Mobility Acquisition Corp

stock logo

Company Overview

overview logo History and Background

EVe Mobility Acquisition Corp was a special purpose acquisition company (SPAC) formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.

business area logo Core Business Areas

  • SPAC: EVe Mobility Acquisition Corp was a blank check company without specific business operations.

leadership logo Leadership and Structure

Typically a SPAC is led by a management team with experience in dealmaking and a specific industry target. Organizational structure is usually lean, consisting of the management team and board of directors.

Top Products and Market Share

overview logo Key Offerings

  • SPAC Structure: A SPAC's offering is its ability to merge with a private company, taking it public. Market share is not applicable in the traditional sense for a SPAC.

Market Dynamics

industry overview logo Industry Overview

The SPAC market has seen fluctuations in popularity. It offers a faster route to public markets than traditional IPOs, but carries different risks and rewards.

Positioning

EVe Mobility Acquisition Corp's position was as a potential acquirer. Its success depended on finding a suitable target company.

Total Addressable Market (TAM)

The TAM for potential target companies varied depending on the sector the SPAC focused on. EVe Mobility Acquisition Corp's TAM was likely broad, encompassing the electric vehicle and mobility sectors.

Upturn SWOT Analysis

Strengths

  • Capital raised through IPO
  • Experienced management team (potentially)
  • Opportunity to take a private company public

Weaknesses

  • Limited operational history
  • Pressure to find a target within a specific timeframe
  • Potential for conflicts of interest
  • Dependence on market conditions

Opportunities

  • High demand for electric vehicle and mobility technologies
  • Acquisition of a high-growth company
  • Improved access to capital for the target company

Threats

  • Failure to find a suitable target
  • Market downturn
  • Increased regulatory scrutiny of SPACs
  • Competition from other SPACs

Competitors and Market Share

competitor logo Key Competitors

  • Multiple SPACs (blank check companies) were EVe Mobility Acquisition Corp competitors

Competitive Landscape

The SPAC market was competitive, with many SPACs seeking targets in the EV and mobility space. Competitive advantages included the management team's expertise and network.

Growth Trajectory and Initiatives

Historical Growth: No historical growth until a merger.

Future Projections: Future projections were entirely dependent on the target company.

Recent Initiatives: Recent initiatives would involve searching for a suitable acquisition target.

Summary

EVe Mobility Acquisition Corp, as a SPAC, was a financial vehicle awaiting a target. Its success was contingent on identifying and merging with a promising company in the EV or mobility sector. The risks included the inability to find a target and regulatory changes in the SPAC market. The market was competitive, requiring a strong team and compelling value proposition to attract a desirable merger candidate.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC filings, Company press releases, Market data sources.

Disclaimers:

This analysis is based on publicly available information and is not financial advice. SPACs are inherently speculative investments.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About EVe Mobility Acquisition Corp

Exchange NYSE MKT
Headquaters Wilmington, DE, United States
IPO Launch date 2022-02-04
CEO & Director Mr. Khairul Azmi Bin Ismaon
Sector Financial Services
Industry Shell Companies
Full time employees -
Full time employees -

EVe Mobility Acquisition Corp does not have significant operations. The company focuses on effectuating a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. It intends to focus on the automotive and mobility industry. The company was incorporated in 2021 and is based in Wilmington, Delaware.