Aeva's Daimler Deal Amidst Revenue Reductions And Financial Challenges [Seeking Alpha]
Aeva Technologies, Inc. (AEVA)
Company Research
Source: Seeking Alpha
The market reaction, while positive to the win, will reflect the challenges faced by other companies in turning production wins into revenue. Aeva's valuation may become untenable as it may take many years to realize due to the slow adoption of Level 4 autonomous trucks and the company's revenue expectations for the next three years. In January, Aeva ( NYSE: AEVA announced a win with Torc and Daimler Truck for its newest sensor, Atlas, and the development of autonomous technology. The win has a two-pronged approach, as per the news release: “Aeva will supply its latest Aeva Atlas™ automotive grade 4D LiDAR technology to Daimler Truck and collaborate with Torc Robotics, an independent subsidiary of Daimler Truck, to enable SAE Level 4 autonomous vehicle capabilities beginning with the Class 8 Freightliner Cascadia truck platform. Daimler Truck intends to integrate the LiDAR sensors directly into its production process, making it easy for customers to buy autonomous ready trucks
Show less
Read more
Impact Snapshot
Event Time:
AEVA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AEVA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AEVA alerts
High impacting Aeva Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
AEVA
News
- Aeva Announces Date for First Quarter 2024 Results and Conference CallBusiness Wire
- Aeva Expands in Europe with New Automotive Center of Excellence in Germany [Yahoo! Finance]Yahoo! Finance
- Aeva Expands in Europe with New Automotive Center of Excellence in GermanyBusiness Wire
- After Plunging -27.9% in 4 Weeks, Here's Why the Trend Might Reverse for Aeva Technologies (AEVA) [Yahoo! Finance]Yahoo! Finance
- Aeva Technologies, Inc. Regains Compliance with NYSE Continued Listing Standards [Yahoo! Finance]Yahoo! Finance
AEVA
Earnings
- 3/5/24 - Beat
AEVA
Sec Filings
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- 3/29/24 - Form 4
- AEVA's page on the SEC website