AEVA secures a Tier-1 deal with a major European automaker, positioning its 4D LiDAR as a global standard across models.
Shares of Aeva Technologies , a Silicon Valley-based maker of lidar units that help autonomous vehicles sense their surroundings, rose more than 18% in midday trading on Wednesday after the company announced an exclusive deal to supply a European maker of passenger vehicles.
AEVA teams with D2 to fuse 4D LiDAR and traffic expertise, aiming to deliver full smart-city systems.
AEVA advances its 4D LiDAR work with Daimler Truck as prototype testing wraps and production targets move into focus.
Aeva Technologies is transitioning from prototype revenue to industrial sales, driven by its differentiated FMCW LiDAR technology. The Q3FY25 results have made this transition even clearer. AEVA's growth hinges on Eve-1D industrial sensor commercialization, the Daimler Truck program, and a top-10 OEM contract, with potential for significant revenue expansion. Liquidity remains a concern, but recent funding from LG Innotek & Apollo Global Management alleviates near-term stress; margins are still negative, and scaling is unproven.
Aeva Technologies, Inc. (AEVA) came out with a quarterly loss of $0.46 per share versus the Zacks Consensus Estimate of a loss of $0.45. This compares to a loss of $0.55 per share a year ago.
Aeva Technologies (AEVA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Two years is not a long time on Wall Street, and most investors seek to double their money in 5 to 10 years if they are lucky.
Ouster stands out as the only Western LiDAR company, with strong revenue growth, efficient cash management, and a clear path to profitability by 2027. Innoviz is undervalued but faces sustainability concerns, as most revenue comes from non-recurring engineering, not scalable hardware sales. Luminar and Aeva are struggling with negative gross margins, high cash burn, and weak revenue, making them unattractive investments at this stage.
LAZR's OEM traction and cost moves contrast with AEVA's tech edge and cash strain as both LiDAR stocks face steep declines.
AEVA posts record Q2 revenues on stronger shipments and early-stage programs, raising its full-year growth forecast to 100-110%.
Aeva Technologies has improved its prospects with large deals and market expansion, but current revenues remain modest and well below sector leaders. The Lidar sector's long-term potential is significant, yet actual revenue forecasts for Aeva and peers remain disconnected from the market opportunity. The recent rally appears fully priced in the opportunity, given ongoing cash burn, dilution risks, and lack of material revenue from announced OEM deals.