Aeva Technologies Secures Major Deal with European Automaker
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 03 Dec 25
Source: globenewswire
Aeva Technologies' stock surged by 21.85%, reaching a 5-day high following the announcement of an exclusive supply deal with a European automaker.
This partnership is expected to generate over $1 billion in sales, showcasing Aeva's significant market potential in the autonomous driving sector. The company's lidar sensors will be utilized across various vehicle types, marking a pivotal advancement in automated driving technology.
The collaboration highlights Aeva's role in the transition to higher levels of automation in the automotive industry, as the CEO emphasized the importance of lidar for safe automated driving.
Analyst Views on AEVA
Wall Street analysts forecast AEVA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AEVA is 23.89 USD with a low forecast of 18.55 USD and a high forecast of 33.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 14.400
Low
18.55
Averages
23.89
High
33.00
Current: 14.400
Low
18.55
Averages
23.89
High
33.00
About AEVA
Aeva Technologies, Inc. is engaged in the design, manufacturing and sale of LiDAR sensing systems and related perception and autonomy-enabling software solutions serving customers in automotive, industrial, and other markets. The Company, through its frequency modulated continuous wave (FMCW) sensing technology, enables the adoption of LiDAR across broad applications. Its sensing and perception technology integrates all key LiDAR components onto a silicon photonics chip in a compact module. Its products include Aeries II, is a 4D LiDAR solution, consisting of its 4D LiDAR sensing system with embedded software designed for automotive grade production across passenger car, trucking, and mobility applications; Atlas, is its FMCW 4D LiDAR with simultaneous velocity and range detection targeted for the automotive market, and Atlas Ultra, is a 4D LiDAR sensor built to meet the performance demands of SAE Level 3 and 4 automated driving systems in passenger and commercial vehicles.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
