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Eve Holding: Stronger Outlook Despite Weak Performance
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.
Seekingalpha | 2 years ago
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