In a report released today, Richard Shannon from Craig-Hallum maintained a Buy rating on Aeva Technologies (AEVA – Research Report), with a price target of $2.00. The company’s shares opened today at $0.66.
Shannon covers the Technology sector, focusing on stocks such as Coherent Corp, IonQ, and Emcore. According to TipRanks, Shannon has an average return of -3.6% and a 35.85% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Aeva Technologies with a $1.50 average price target, implying a 127.38% upside from current levels. In a report released today, Roth MKM also maintained a Buy rating on the stock with a $1.00 price target.
See the top stocks recommended by analysts >>
Based on Aeva Technologies’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $743 thousand and a GAAP net loss of $35.96 million. In comparison, last year the company earned a revenue of $502 thousand and had a GAAP net loss of $34.97 million
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Aeva Technologies (AEVA) Company Description:
InterPrivate Acquisition Corp is a blank check company.
Read More on AEVA:
