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Stock impact report

Cantor Fitzgerald Remains a Buy on Eve Holding (EVEX) [Yahoo! Finance]

Eve Holding, Inc. (EVEX) 
Company Research Source: Yahoo! Finance
Buy rating on Eve Holding, Inc. (NYSE:EVEX) without disclosing any price targets. The rating follows the company's announcement of a $1 billion deal with Beta Technologies to buy motors on December 2. The stock has surged more than 6.8% since the press release. ?Cantor Fitzgerald noted that while this deal reinforces BETA's aftermarket services, it will also benefit Eve Holding, Inc.'s (NYSE:EVEX) aircraft development. The motors will provide the company with high power-to-weight ratios, demonstrated reliability, and simplified motor architecture. CEO Johann Bordais noted, “Their electric motor technology will play a critical role in powering our aircraft during cruise, supporting the maturity of our propulsion architecture as we progress toward entry into service.” Eve Holding, Inc. (NYSE:EVEX) aims to test its first flights in the fourth quarter of 2025 or by the first quarter of 2026. The company is still in the pre-revenue stage; however, analysts are optimistic regarding it Show less Read more
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