Eve Holdings stock has shown a 46.8% return since my buy call, outperforming the S&P 500's 7.1% return. Urban air mobility stocks carry high risks, with many eVTOL designs unlikely to succeed or reach market viability. Eve's progress includes EVE-100 eVTOL testing and significant capital raises, but liquidity concerns and potential shareholder dilution remain.
U.S. stocks tend to post “solid” returns during Thanksgiving week, with even stronger gains during presidential election years, according to BofA Global Research.
Eve Holding, Inc. (NYSE:EVEX ) Q3 2024 Earnings Conference Call November 4, 2024 8:00 AM ET Company Participants Lucio Aldworth - Director-Investor Relations Johann Bordais - Chief Executive Officer Eduardo Couto - Chief Financial Officer Luiz Valentini - Chief Technology Officer Conference Call Participants Savanthi Syth - Raymond James Marcelo Motta - JPMorgan Andres Sheppard - Cantor Fitzgerald Sheila Kahyaoglu - Jefferies Cai Von Rumohr - Cowen Austin Moeller - Canaccord Amit Dayal - H.C. Wainwright Operator Good day and welcome to the Eve Air Mobility Third Quarter 2024 Earnings Conference Call.
Shares of Trump Media & Technology Group (DJT) moved between losses and gains early Monday, extending a volatile stretch of trading for the company that has become a measure of investors' moods ahead of Election Day.
Eve Holding's stock is a speculative buy due to its potential in urban air mobility, despite significant risks of shareholder dilution and liquidity concerns. The company has made progress with its first eVTOL prototype and supplier selection, but faces elongated development and certification timelines. Eve's partnership with Embraer and a significant discount to price-to-book value support the speculative buy rating, though commercialization by 2026 is optimistic.
Allianz is reporting solid first half results for fiscal 2024 with all three segments contributing to growth. And although the business is performing well, we should be cautious due to the potential looming recession. Especially the re-inverting yield curve is the strongest warning sign and as Allianz usually performed horrible during recessions, we should be very cautious.
Eve Holding, Inc. (NYSE:EVEX ) Q2 2024 Earnings Conference Call August 6, 2024 8:00 AM ET Company Participants Lucio Aldworth - Director-Investor Relations Johann Bordais - Chief Executive Officer Eduardo Couto - Chief Financial Officer Luiz Valentini - Chief Technology Officer Conference Call Participants Savanthi Syth - Raymond James Andres Sheppard - Cantor Fitzgerald Austin Moeller - Canaccord Conor Walters - Jefferies Sheila Kahyaoglu - Jefferies Cai Von Rumohr - Cowen Operator Good day and welcome to the Eve Holding, Inc. Second Quarter 2024 Earnings Call. All participants will be in a listen-only mode.
It is a rare opportunity to invest in flying car stocks, a technology that is likely to become as commonplace as cars. Electric vertical takeoff and landing (eVTOL) vehicles are now at the forefront of future air mobility.
While flying cars can be an unfamiliar concept for most, it may be our new future. This relatively new industry has the potential to revolutionize the way we travel.
Eve's stock has fallen ~30% since my previous article in August, despite positive progress in eVTOL development and increased order backlog. The company continues to hold the largest market share (~18%) in a potential trillion-dollar industry, with differentiated support from Embraer, and a simpler certification path through ANAC. An exciting time with four pivotal catalysts in the next 12-18 months to keep investors engaged, including the completion of the first prototype, test-campaigns, and definition of certification basis.