Framework Agreement: Eve Air Mobility has signed a Framework Agreement with Bahrain's Ministry of Transportation and Telecommunications to promote sustainable air mobility and establish Bahrain as a regional hub for eVTOL innovation.
Operational Readiness: The partnership aims to enhance Bahrain's regulatory and infrastructure readiness for eVTOL operations, including the development of vertiport infrastructure and a sandbox environment for testing Advanced Air Mobility systems.
Commercial Launch Timeline: Commercial eVTOL operations are anticipated to begin in 2028, with plans to expand to international routes by 2029.
Innovative Features: Eve's eVTOL aircraft is designed for the region's climate, featuring advanced UV/IR protection and microclimate air conditioning to ensure reliability and comfort in extreme conditions.
Wall Street analysts forecast EVEX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EVEX is 7.50 USD with a low forecast of 7.00 USD and a high forecast of 8.00 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.
6 Analyst Rating
Wall Street analysts forecast EVEX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EVEX is 7.50 USD with a low forecast of 7.00 USD and a high forecast of 8.00 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.
4 Buy
2 Hold
0 Sell
Moderate Buy
Current: 4.590
Low
7.00
Averages
7.50
High
8.00
Current: 4.590
Low
7.00
Averages
7.50
High
8.00
JPMorgan
Overweight
downgrade
$8 -> $7
2025-11-05
Reason
JPMorgan
Price Target
$8 -> $7
AI Analysis
2025-11-05
downgrade
Overweight
Reason
JPMorgan lowered the firm's price target on Eve Holding to $7 from $8 and keeps an Overweight rating on the shares.
JPMorgan
Overweight -> NULL
downgrade
$8 -> $7
2025-11-05
Reason
JPMorgan
Price Target
$8 -> $7
2025-11-05
downgrade
Overweight -> NULL
Reason
JPMorgan lowered the firm's price target on Eve Holding to $7 from $8 and keeps an Overweight rating on the shares. The firm reduced the target post the company's capital raise and Q3 report.
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Canaccord
Austin Moeller
Buy
maintain
2025-10-16
Reason
Canaccord
Austin Moeller
Price Target
2025-10-16
maintain
Buy
Reason
Canaccord analyst Austin Moeller raised the firm's price target on Eve Holding to $7.50 from $6.75 and keeps a Buy rating on the shares. The firm met with management who highlighted several key advantages inherent in Eve-100's development process that differentiate the company from eVTOL competitors as Eve progresses through the ANAC type certification process including the aircrafts architecture, its leverage to access resources and infrastructure provided by parent Embraer, and working to certify the Eve-100 in Brazil prior to working with the FAA on certification for U.S flights.
Canaccord
Austin Moeller
Buy
downgrade
$7
2025-08-20
Reason
Canaccord
Austin Moeller
Price Target
$7
2025-08-20
downgrade
Buy
Reason
Canaccord analyst Austin Moeller lowered the firm's price target on Eve Holding to $6.75 from $7 and keeps a Buy rating on the shares. The firm continues to view the cmpany's relationship with the Brazilian Development Bank and Embraer favorably, as their support ensures continued test/manufacturing infrastructure in Sao Paulo, along with engineering personnel from the world's third-largest aircraft OEM and financial backing. The improved liquidity position places the company on solid footing to execute on its intended 2027 ANAC certification and commercialization of its Eve-100 aircraft.
About EVEX
Eve Holding, Inc. is an aerospace company with operations in Melbourne, Florida and Brazil. The Company’s segments include electric vertical takeoff and landing vehicles (eVTOLs), Service and Operations Solutions, and Urban Air Traffic Management (UATM). The eVTOL segment is designing and certifying eVTOL purpose-built for UAM missions and plans to market its eVTOLs globally to operators of UAM services, including fixed wing and helicopter operators, as well as lessors that purchase and manage aircraft on behalf of operators. The Service and Operations Solutions segment offers a full suite of eVTOL service and support capabilities, including material services, maintenance, technical support, training, ground handling and data services. The UATM segment is developing next generation UATM software named Vector to help enable eVTOLs to operate safely and efficiently in dense urban airspace along with conventional fixed wing and rotary aircraft and unmanned drones.
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.
