Aeva Technologies, Inc. (AEVA) Stock

Aeva Technologies, Inc. (AEVA) is a Consumer Discretionary stock trading at $15.51 (as of 2026-07-27), with a market capitalization of $977.76M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Aeva Technologies, Inc. develops FMCW sensing technology used to produce a 4D LiDAR-on-chip. The company’s sensing solution is aimed at enabling LiDAR in multiple markets, including automotive and other consumer, health, industrial automation, and security applications.

Understand Aeva Technologies, Inc.: how it makes money

Aeva Technologies builds a 4D LiDAR-on-chip using FMCW sensing, which it sells to enable LiDAR adoption across applications like automated driving, consumer electronics, consumer health, industrial automation, and security.

The profit model depends on turning customer demand signals, shown in the Order Book and sensor order metrics, into shipped Ares II deployments and related product and service revenue as LiDAR adoption expands across target applications.

Revenue by segment (latest quarter)
Products$0.0B
Services$0.0B

Business quality (Weak): Quarterly revenue is shown as 0.0B in the provided data, and segment revenue details are limited to Product Revenue and Professional Service Revenue, so the near-term financial read is constrained, but operating demand signals (Order Book, units orders, and shipped customer count) and IP progress are available.

Bull case

  • Order Book shows demand backlog: The company reports an Order Book of 1.0 USD_B, which can indicate future revenue opportunity if it converts into shipments.
  • Customer deployments are underway: It reports that Ares II has been shipped to 25 customers, suggesting the technology is being adopted beyond pilots.
  • IP pipeline is actively growing: It reports 130 granted patents and 135 patents pending.

Bear case

  • Near-term revenue appears to be zero in the provided quarter: Revenue is shown as 0.0B for 2026-03-31, which makes it harder to assess revenue momentum from the latest period alone.
  • Profits are currently heavily negative: Operating margin is -561.1%, indicating substantial operating losses in the provided quarter.
Valuation — source: SEC EDGAR (first-party)
Price$15.51
Market Cap$977.76M
Price / Sales52.23
FCF Yield-22.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$18.08M
Net Margin-804.4%
Revenue Growth (YoY)99.4%
EPS Growth (YoY)-10.5%
FCF Growth (YoY)6.8%
Financial Health — source: SEC EDGAR
Altman Z-Score-3.84 (distress)
Valuation vs Sector & Industry
Sector P/E (Consumer Discretionary)21.8
Industry P/E (Automobiles & Trucks)18.8
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderSYLEBRA CAPITAL LLC ($213.57M)
Institutional Holders Tracked10
Company
SectorConsumer Discretionary
IndustryAutomobiles & Trucks
CEOSoroush Salehian Dardashti
Employees276
CountryUS
IPO Date2020-02-27

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AEVA earnings history · AEVA institutional & insider holders · AEVA KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-27.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.