EVEX
Eve Holding, Inc.

Eve Holding, Inc.EVEX

Industrials · Aerospace & Defense
1.85USD
+17.83%
Nov 08, 2026
EVEX overview ready
Embraer-Backed eVTOL Developer Enabling Urban Air Mobility
Eve is a pre-revenue, Embraer-backed eVTOL developer building an integrated urban-air-mobility offering: aircraft, aftermarket and operational support, and airspace-management software.
Theme not measured
EVTOL / Air Mobility has no leadership state this session.
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of base repair.
The tactical setup reads base repair, but the weekly structure is broken.
Fair valuation
The price broadly reflects the strength of its balance sheet, with upside and risk reasonably balanced.
Low free cash flow yield
Free cash flow yield is weak.
Primary risk
Regulatory certification delays.
Market Nov 6Price action Nov 7Research Sep 1

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

PriceAction4.9BusinessPerformance—BusinessQuality—Valuation3.5ThemeMomentum—A revenue trend needs at least three unbroken comparable quarters, so none is read here.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
eVTOL / Air Mobility — eVTOL / Air Mobility is tracked (3–4 priced members) — too few for a leadership state
Its economic family, Aerospace & Defense, reads Lagging (+0.8pp vs SPY) — the family’s reading, not this theme’s.
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of base repair.
The tactical setup reads base repair, but the weekly structure is broken.
EntryReset + recovery

The stock is still rebuilding below its long-term weekly base, and the recent reset toward the daily SMA200. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$644.7M
Avg Volume (60D)
1.1M
60 sessions
Free Cash Flow Yield
-23.7%
Distance from 200DMA
-28.9%
P/E
N/M
Market metrics as of Nov 7, 2026

Business Performance

Insufficient evidence

A revenue trend needs at least three unbroken comparable quarters, so none is read here.

Latest reported: Q3 FY2026, ended Sep 30
Revenue growthNot enough data
—
— in Q3 FY2026 · no comparable year-ago quarter
Not enough comparable quarters for a YoY sequence.
Earnings growthLoss widening
-$0.16
Diluted EPS -$0.16 vs -$0.14 a year earlier · GAAP
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginNot enough data
—
No year-ago comparison

Business Quality

Not assessed

Not assessed yet — too few fiscal years of filings are on record.

Fundamentals & Valuation

The available comparisons disagreed; the intrinsic comparison is the more reliable method for this business and the others are published as dissent.
Eve Holding, Inc. has a Fair valuation stance because the price broadly reflects the strength of its balance sheet, with upside and risk reasonably balanced. The business shows a net cash position, set against negative free cash flow.

What changed

  • EVEX rose 17.8% in one session
    EVEX closed +17.8% while the broad market was close to flat (+0.3%).
    2026-11-06

Company Research

Thesis
Eve is a pre-revenue, Embraer-backed eVTOL developer building an integrated urban-air-mobility offering: aircraft, aftermarket and operational support, and airspace-management software. EVEX has a direct, high-purity fit to Advanced Air Mobility Commercialization, specifically the certification-to-deployment inflection for eVTOL fleets.
Opportunity
Moderate opportunity
Certification, production readiness, and initial commercial deployment of electric vertical-takeoff-and-landing aircraft for passenger, medical, cargo, and other advanced-air-mobility missions.
Key risk
Regulatory certification delays.

Economic classification

Loading the economic classification…

Business & Markets

Industrials · Aerospace & Defense
What they do

Eve Holding, Inc. develops and produces electric vertical take-off and landing (eVTOL) aircraft and provides related services including maintenance, training, and urban air traffic management software, operating as a subsidiary of Embraer Aircraft Holding, Inc.

How it earns

Revenue is expected to be generated through aircraft sales, aftermarket service contracts, and software licensing once commercial operations begin.

Products & services
EVTOL aircraft
EVTOL service and support (maintenance, training, technical support)
Urban air traffic management software (Vector)
Customers & end markets
Urban air mobility operators
Medical and cargo transport providers
Advanced air mobility service providers
Market position

A challenger backed by Embraer, focused on integrated eVTOL aircraft and urban air mobility solutions.

Demand drivers
Medium cyclicality

Demand depends on regulatory approvals and adoption of new urban air mobility technologies, which can be influenced by economic cycles and infrastructure investment.