AEVA
Aeva Technologies, Inc.

Aeva Technologies, Inc.AEVA

Technology · Software - Infrastructure
15.41USD
+0.85%
Sep 23, 2026
AEVA overview ready
Supplier of FMCW-Based 4D LiDAR Sensors Enabling Long-Range Autonomous Perception
Aeva is a direct LiDAR-and-perception-system supplier: it sells FMCW-based 4D LiDAR hardware, silicon-integrated sensing and perception software into automotive, commercial-vehicle, industrial-automation, smart-infrastructure, and selected defense programs.
Narrative not measured
Automated Driving and Physical Autonomy CommercializationLong-Range LiDAR Perception Sensors for L3/L4 Vehicle and Autonomous-Truck ProductionPure play
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Demanding valuation
The price embeds expectations that run ahead of the cash it currently generates.
Fundamentals not measured
Primary risk
High operating losses and negative operating margin.
Market Sep 22Filing Jun 30Price action Sep 22Research Jul 30

Conviction Level

NarrativeHeatThemeHeat6.5PriceAction5.4Valuation0.3CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryConstructive

Structure is constructive, but price remains well extended from the long-term weekly base and the earlier reset has already been partly recovered — a workable rather than ideal entry location.

Key Financials

Market Cap
$1.1B
Avg Volume (60D)
1.7M
60 sessions
Revenue Growth YoY
+99.4%
FY2025 vs FY2024
Gross Margin
+27.2%
Trailing twelve months
Operating Margin
-610.9%
Trailing twelve months
Free Cash Flow Yield
-10.9%
Distance from 200DMA
-11.1%
Next Earnings
2026-11-04
P/E
N/M
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Both valuation perspectives agree this company is expensive.
Aeva Technologies, Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of the cash it currently generates.

Company Research

Thesis
Aeva is a direct LiDAR-and-perception-system supplier: it sells FMCW-based 4D LiDAR hardware, silicon-integrated sensing and perception software into automotive, commercial-vehicle, industrial-automation, smart-infrastructure, and selected defense programs.
Opportunity
Moderate opportunity
OEM, commercial-truck, and autonomous-system development programs requiring automotive-grade long-range perception sensors that support higher-level driving automation, redundant sensing, and autonomous operation in difficult operating conditions.
Key risk
High operating losses and negative operating margin.

Narrative & Theme

Automated Driving and Physical Autonomy Commercialization
Part of Long-Range LiDAR Perception Sensors for L3/L4 Vehicle and Autonomous-Truck Production, with strong fit.
AEVA has a real, direct exposure to the commercial adoption of production-grade long-range LiDAR for higher-autonomy vehicles, particularly autonomous trucking and L3/L4 passenger-vehicle programs.
Narrative HeatNeutral6.1 / 10
This reading is no longer current (last measured 2026-08-27). It is kept until the next scheduled measurement replaces it.
Theme HeatNeutral6.5 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Technology · Software - Infrastructure
What they do

Aeva Technologies designs, manufactures, and sells LiDAR sensing systems and related software solutions using frequency modulated continuous wave (FMCW) technology to enable perception and autonomy in various markets globally.

How it earns

The company generates revenue primarily through the sale of hardware products and software solutions.

Products & services
Aeva Omni wide-view short-range 4D LiDAR
Aeva Atlas long-range 4D LiDAR with data and power over ethernet
CityOS AI operating system for real-time traffic intelligence
Customers & end markets
Automotive and mobility companies
Smart city and transportation planners
Market position

Niche player specializing in FMCW LiDAR technology within the broader LiDAR and autonomous sensing market.

Demand drivers
Medium cyclicality

Demand is influenced by automotive and infrastructure investment cycles and technology adoption rates.