Core Viewpoint - Aeva Technologies (AEVA) has significantly outperformed its peers in the lidar sector, with a stock price increase of 431% over the past year, driven by strategic wins, industrial expansion, and growing customer confidence [1][5][17] Company Performance - AEVA's market capitalization is approximately $1 billion, with a multibillion-dollar pipeline indicating substantial upside potential [5] - The latest quarterly revenue reached $3.4 million, exceeding Zacks Consensus Estimate by over $1 million, reflecting a year-over-year growth of 60% [5] - Management projects full-year revenue growth of 80-100% in 2025, excluding new strategic collaborations [5] Strategic Partnerships - AEVA has formed a significant partnership with a Fortune 500 technology company, which will invest up to $50 million, including $32.5 million in equity and $17.5 million for product development [6] - This partner will also act as AEVA's Tier 2 manufacturing partner for its global top 10 passenger OEM program, indicating strong confidence in AEVA's FMCW lidar platform [6] Automotive Sector Wins - AEVA is engaged in a development program with a top-10 global passenger vehicle OEM, which could lead to a large-scale production contract by late 2025 [7] - A letter of intent has been secured for a next-generation platform that may cover multiple vehicle models, potentially matching or exceeding the $1 billion Daimler Truck program [7] Industrial Market Expansion - AEVA is expanding into the industrial automation market, valued at over $4 billion, with its Eve 1 sensor already attracting customers like SICK AG and LMI Technologies [9] - The company has booked over 1,000 units with initial shipments underway, which diversifies revenue sources and reduces dependence on automotive production [9] Manufacturing Capacity and Liquidity - AEVA aims to reach an annual manufacturing capacity of 100,000 units by the end of 2025, supported by strategic partnerships [11] - The company ended Q1 2025 with $206 million in available funding, providing flexibility for growth while managing current operating cash use of $26 million per quarter [11] Competitive Landscape - AEVA's competitors, Ouster and MicroVision, have struggled to match AEVA's growth trajectory, with Ouster focusing on industrial AI applications and MicroVision facing commercialization challenges [12][13] - AEVA's FMCW lidar technology offers real-time velocity measurement and scalable design, distinguishing it from competitors [14] Financial Outlook - AEVA's earnings per share (EPS) is expected to grow by 21.7% in 2025 and 12.2% in 2026, indicating positive financial momentum [15] Conclusion - AEVA is positioned for long-term growth with strategic automotive contracts, expansion into industrial markets, and improving financials, making it a compelling investment opportunity [17]

In the past, I evaluated solar manufacturers and renewable yieldcos based on their operational, financial, and growth factors. Currently, I am interested in lidar companies' technology, adoption, and revenue growth.. Analyst's Disclosure: I/we have a beneficial long position in the shares of OUST either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no busine ...

Group 1: Company Performance - Aeva Technologies, Inc. has gained approximately 258.5% year-to-date, significantly outperforming the average loss of 9.7% in the Auto-Tires-Trucks sector [4] - The Zacks Consensus Estimate for Aeva's full-year earnings has increased by 20.7% over the past 90 days, indicating improved analyst sentiment [4] - Aeva Technologies, Inc. holds a Zacks Rank of 2 (Buy), suggesting a favorable outlook for the stock [3] Group 2: Industry Comparison - Aeva Technologies, Inc. belongs to the Automotive - Original Equipment industry, which has seen an average gain of 2% this year, indicating that AEVA is performing better than its industry peers [6] - In contrast, Bridgestone Corp., which is part of the Automotive - Foreign industry, has a year-to-date return of 23.7%, while its industry has declined by 2.3% [5][6] - The Auto-Tires-Trucks sector currently ranks 14 out of 16 in the Zacks Sector Rank, reflecting a relatively weaker performance compared to other sectors [2]

PART I. FINANCIAL INFORMATION [Financial Statements (Unaudited)](index=4&type=section&id=Item%201.%20Financial%20Statements%20(Unaudited)) This section presents the unaudited condensed consolidated financial statements for Q1 2025, reporting **$3.4 million** revenue, a **$34.9 million** net loss, and **$114.5 million** total assets, alongside key disclosures [Condensed Consolidated Financial Statements](index=4&type=section&id=Condensed%20Consolidated%20Financial%20Statements) The company reported Q1 2025 revenue of **$3.4 million** and a net loss of **$34.9 million**, with total assets decreasing to **$114.5 million** and **$30.8 million** net cash used in operations Condensed Consolidated Balance Sheet Data (in thousands) | Account | March 31, 2025 (USD) | December 31, 2024 (USD) | | :--- | :--- | :--- | | Cash and cash equivalents | $21,211 | $28,864 | | Marketable securities | $59,785 | $83,143 | | Total current assets | $91,780 | $123,300 | | Total assets | $114,549 | $147,489 | | Total current liabilities | $31,904 | $39,159 | | Total liabilities | $45,737 | $48,137 | | Total stockholders' equity | $68,812 | $99,352 | Condensed Consolidated Statements of Operations (in thousands, except per share data) | Account | Three Months Ended March 31, 2025 (USD) | Three Months Ended March 31, 2024 (USD) | | :--- | :--- | :--- | | Revenue | $3,368 | $2,107 | | Gross profit (loss) | $310 | $(1,392) | | Operating loss | $(30,418) | $(37,344) | | Net loss | $(34,867) | $(35,326) | | Net loss per share, basic and diluted | $(0.64) | $(0.67) | Condensed Consolidated Statements of Cash Flows (in thousands) | Account | Three Months Ended March 31, 2025 (USD) | Three Months Ended March 31, 2024 (USD) | | :--- | :--- | :--- | | Net cash used in operating activities | $(30,792) | $(30,962) | | Net cash provided by investing activities | $23,322 | $22,036 | | Net cash provided by (used in) financing activities | $(183) | $(16) | | Net decrease in cash and cash equivalents | $(7,653) | $(8,942) | | Ending cash and cash equivalents | $21,211 | $29,605 | [Notes to the Condensed Financial Statements](index=9&type=section&id=Notes%20to%20the%20Condensed%20Financial%20Statements) These notes detail accounting policies, a 1-for-5 reverse stock split, liquidity assertions including **$81.0 million** in cash and a **$125 million** equity agreement, revenue concentration, a **$14.0 million** litigation accrual, and a subsequent **$32.5 million** private placement - The company designs 4D LiDAR-on-chip technology; management believes existing cash, marketable securities (**$81.0M** total), and a Standby Equity Purchase Agreement will fund operations for at least 12 months, despite an accumulated deficit of **$646.7 million**[27](index=27&type=chunk)[35](index=35&type=chunk) - In March 2024, the company completed a **1-for-5 reverse stock split**; all historical share and per-share data have been retroactively adjusted[32](index=32&type=chunk) Revenue by Geography (in thousands) | Region | Q1 2025 Revenue (USD) | % of Revenue | | :--- | :--- | :--- | | North America | $3,157 | 94% | | EMEA | $52 | 2% | | Asia | $159 | 5% | | **Total** | **$3,368** | **100%** | - Revenue is highly concentrated, with two customers accounting for **59%** and **19%** of total revenue for the three months ended March 31, 2025[43](index=43&type=chunk) - The company has a Standby Equity Purchase Agreement with Sylebra, providing the right to sell up to **$125 million** of preferred stock; all conditions to request an advance were met as of March 31, 2025[56](index=56&type=chunk)[59](index=59&type=chunk) - A settlement for the Delaware Stockholder Litigation resulted in an accrued liability of **$14.0 million**, with an expected insurance recovery of **$2.5 million**[86](index=86&type=chunk) - Subsequent to quarter-end, on May 13, 2025, the company agreed to sell **3,509,719** shares of common stock in a private placement for aggregate gross proceeds of approximately **$32.5 million**[93](index=93&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A)](index=27&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) This MD&A details Q1 2025 financial performance, showing **60%** revenue growth to **$3.4 million**, a **15%** decrease in operating expenses to **$30.7 million**, and a reduced operating loss, supported by **$81.0 million** in liquidity and a **$125 million** equity facility [Results of Operations](index=30&type=section&id=Results%20of%20Operations) Q1 2025 revenue increased **60%** to **$3.4 million**, gross profit turned positive, and total operating expenses decreased **15%** to **$30.7 million**, narrowing the operating loss by **19%** to **$30.4 million** Comparison of Results of Operations (in thousands) | Metric | Q1 2025 (USD) | Q1 2024 (USD) | Change ($) (USD) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Revenue | $3,368 | $2,107 | $1,261 | 60% | | Gross Profit (Loss) | $310 | $(1,392) | $1,702 | (122)% | | Operating Expenses | $30,728 | $35,952 | $(5,224) | (15)% | | Loss from Operations | $(30,418) | $(37,344) | $6,926 | (19)% | | Net Loss | $(34,867) | $(35,326) | $459 | (1)% | - The **$1.3 million (60%)** increase in revenue was primarily due to an increase in the total number of units sold and an increase in non-recurring engineering revenue[119](index=119&type=chunk) - Research and development expenses decreased by **$3.4 million (14%)** due to lower payroll, stock-based compensation, and material expenses[121](index=121&type=chunk) - General and administrative expenses decreased by **$1.2 million (14%)** due to lower payroll, professional fees, and legal fees[122](index=122&type=chunk) - Other expense increased by **$5.0 million**, primarily due to an increase in the fair value of Series A warrant liabilities[125](index=125&type=chunk) [Liquidity and Capital Resources](index=32&type=section&id=Liquidity%20and%20Capital%20Resources) As of March 31, 2025, the company held **$81.0 million** in cash and marketable securities, and with access to a **$125 million** equity facility, management believes liquidity is sufficient for at least 12 months, despite **$30.8 million** cash used in operations - As of March 31, 2025, the company had cash, cash equivalents, and marketable securities totaling **$81.0 million**[129](index=129&type=chunk) - The company has a Standby Equity Purchase Agreement allowing it to sell up to **$125.0 million** of preferred stock to Sylebra until November 2026; conditions to draw from this facility were met as of March 31, 2025[127](index=127&type=chunk)[129](index=129&type=chunk) - Management believes that current liquidity, including the financing facility, will be sufficient to fund operating and capital expenditures for at least **12 months** from the report's issuance date[129](index=129&type=chunk) Cash Flow Summary (in thousands) | Activity | Three Months Ended March 31, 2025 (USD) | Three Months Ended March 31, 2024 (USD) | | :--- | :--- | :--- | | Cash used in operating activities | $(30,792) | $(30,962) | | Cash provided by investing activities | $23,322 | $22,036 | | Cash provided by (used in) financing activities | $(183) | $(16) | [Quantitative and Qualitative Disclosures About Market Risk](index=34&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company's primary market risk exposure stems from interest rate fluctuations affecting cash and marketable securities, with no material changes reported since the 2024 Form 10-K filing - The company's primary market risk exposure is from **interest rate fluctuations**[138](index=138&type=chunk) - No material changes to market risk exposure were reported since the last annual report (**2024 Form 10-K**)[138](index=138&type=chunk) [Controls and Procedures](index=34&type=section&id=Item%204.%20Controls%20and%20Procedures) Management, including the CEO and CFO, concluded that disclosure controls and procedures were effective as of March 31, 2025, with no material changes to internal control over financial reporting identified - Based on an evaluation as of March 31, 2025, the CEO and CFO concluded that the company's disclosure controls and procedures were **effective**[139](index=139&type=chunk) - There were no changes in internal control over financial reporting during the quarter that have materially affected, or are reasonably likely to materially affect, internal controls[140](index=140&type=chunk) PART II. OTHER INFORMATION [Legal Proceedings](index=35&type=section&id=Item%201.%20Legal%20Proceedings) The company refers to Note 15 for legal proceedings, detailing a **$14.0 million** settlement for the Delaware Stockholder Litigation with an expected **$2.5 million** insurance recovery - For details on legal proceedings, the report refers to **Note 15** of the Condensed Consolidated Financial Statements[144](index=144&type=chunk) - Note 15 discloses a **$14.0 million** settlement for the Delaware Stockholder Litigation, for which the company has accrued a liability and expects a **$2.5 million** insurance recovery[86](index=86&type=chunk) [Risk Factors](index=35&type=section&id=Item%201A.%20Risk%20Factors) No material changes to the company's risk factors have been reported since the filing of its Annual Report on Form **10-K** for the year ended December 31, 2024 - There have been no material changes to the company's risk factors since the **2024 Form 10-K** was filed[145](index=145&type=chunk) [Other Items (Items 2, 3, 4, 5)](index=35&type=section&id=Other%20Items%20(Items%202,%203,%204,%205)) The company reported no unregistered equity sales, no defaults on senior securities, no mine safety disclosures, and no Section 16 trading plan changes during the quarter - The company reported no unregistered sales of equity securities or use of proceeds during the quarter[146](index=146&type=chunk) - No defaults upon senior securities were reported[147](index=147&type=chunk) - No directors or officers adopted, modified, or terminated a **Rule 10b5-1** trading arrangement during the quarter[149](index=149&type=chunk)

Group 1 - Aeva Technologies reported a quarterly loss of $0.45 per share, better than the Zacks Consensus Estimate of a loss of $0.48, and an improvement from a loss of $0.56 per share a year ago, resulting in an earnings surprise of 6.25% [1] - The company achieved revenues of $3.37 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 53.09%, compared to revenues of $2.11 million in the same quarter last year [2] - Aeva Technologies has surpassed consensus EPS estimates for four consecutive quarters [2] Group 2 - The stock has increased approximately 185.1% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.1% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.44 on revenues of $2.37 million, and for the current fiscal year, it is -$1.70 on revenues of $15.79 million [7] - The Zacks Industry Rank for Automotive - Original Equipment is in the bottom 42% of over 250 Zacks industries, indicating potential challenges for stock performance [8] Group 3 - Aeva Technologies holds a Zacks Rank 2 (Buy), suggesting that the shares are expected to outperform the market in the near future [6] - The estimate revisions trend for Aeva Technologies is currently favorable, which could influence future stock movements [5][6]

Financial Data and Key Metrics Changes - Revenue in Q1 2025 was $3.4 million, marking a record product revenue for the quarter and reflecting continued growth in commercial traction from automotive and industrial customers [22] - Non-GAAP operating loss for Q1 was $25.9 million, which is 19% lower year over year, consistent with the plan to reduce non-GAAP operating expenses by 10% to 20% for the full year [22] - Gross cash use was $31.3 million in the quarter, with operating cash use of $30.8 million and capital expenditures of $0.5 million [22] - Total available liquidity at the end of Q1 was $206 million, including $81 million in cash and cash equivalents and $125 million in undrawn facilities [22] Business Line Data and Key Metrics Changes - The company is seeing strong commercial traction with the EVE ONE line of high precision sensors, with over 1,000 sensors booked and plans to ship later this year [8][12] - The EVE ONE sensors are designed for high volume and inline industrial automation applications, representing a breakthrough in the $4 billion laser displacement sensor market [6][11] - Initial orders for EVE ONE sensors have already started shipping, with significant interest from leading industrial automation companies [12] Market Data and Key Metrics Changes - Aeva has entered the Intelligent Transportation System (ITS) market, securing a partnership with Sensus GATSO as its exclusive LiDAR supplier for mobile speed detection products in Australia [8][19] - The overall addressable market for laser displacement sensors is projected to grow significantly, with annual volumes exceeding 2 million sensors [13] Company Strategy and Development Direction - Aeva's mission is to build a core FMCW technology platform to expand applications beyond automotive, with significant progress in industrial automation and ITS [6][10] - Aeva announced a strategic collaboration with a global Fortune 500 technology subsidiary, which plans to invest up to $50 million to expand Aeva's end markets and deliver advanced perception sensing products [9][16] - The company aims to leverage its strategic partner's manufacturing expertise to accelerate product development and market entry [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position to accelerate the adoption of its technology platform and enter new markets, citing strong commercial momentum [25] - The company anticipates at least 80% to 100% revenue growth for the full year compared to 2024, driven by increasing commercial traction across automotive and industrial markets [24][51] Other Important Information - Aeva plans to host an AIVA Day on July 31 in New York City to provide deeper insights into its technology and commercial traction [26] - The company is ramping up manufacturing capacity to meet growing demand for its sensors, targeting an installation capacity of 100,000 units per year [41][60] Q&A Session Summary Question: Can you talk about incremental target markets with the new partner? - Management highlighted the partnership's potential to expand into consumer market applications and accelerate industrial applications, leveraging the partner's scale and experience [30] Question: How is the relationship with SICK evolving? - Management noted a long-standing partnership with SICK, which holds about 15% market share, and expressed confidence in transitioning a significant portion of their portfolio to FMCW technology [34] Question: How long does it take to ramp new customers in the laser displacement sensor market? - Management indicated that while initial engagements take time, subsequent customer onboarding is expected to be much quicker, potentially within months [40] Question: Can you discuss momentum with other passenger OEMs? - Management confirmed ongoing engagements with multiple top passenger OEMs and expressed optimism about transitioning from development to production phases [48] Question: What led to the increase in revenue guidance? - Management attributed the increased guidance to strong momentum in both industrial and automotive markets, with record product revenue in Q1 [51] Question: What is the expected timeline for finishing the manufacturing capacity ramp? - Management confirmed that the goal is to install manufacturing capacity of 100,000 units within the current year [60] Question: Can you recap the remaining milestones for the global top 10 passenger OEM? - Management outlined that the next steps involve integration activities to ensure the sensor design fits across multiple vehicle models, with confidence in transitioning to production [66]

Financial Data and Key Metrics Changes - Revenue in Q1 was $3.4 million, marking a record product revenue for the quarter and reflecting continued growth in commercial traction from automotive and industrial customers [21] - Non-GAAP operating loss was $25.9 million, which is 19% lower year over year, consistent with the plan to reduce non-GAAP operating expenses by 10% to 20% for the full year [21][22] - Total available liquidity at the end of Q1 was $206 million, including $81 million in cash and cash equivalents, and $125 million in undrawn facilities [22][23] - The company anticipates an increase in revenue range to at least 80% to 100% growth for the full year compared to 2024, not including the strategic collaboration announced [24][51] Business Line Data and Key Metrics Changes - The EVE ONE line of high precision sensors was unveiled, targeting the $4 billion laser displacement sensor market, with over 1,000 sensors already booked for shipment later this year [5][6][12] - Strong commercial traction was noted with multiple industry-leading industrial automation companies, including SIG AG and LMI Technologies, which represent over 15% of the market share [11][12][34] - The company is ramping up manufacturing capacity to meet growing demand for EVE ONE sensors, targeting an installation capacity of 100,000 units per year [42][60] Market Data and Key Metrics Changes - AIVA entered the Intelligent Transportation System (ITS) market, securing a partnership with Sensus GATSO as its exclusive LiDAR supplier for mobile speed detection products in Australia [6][19] - The overall addressable market for laser displacement sensors is projected to grow significantly, with annual volumes exceeding 2 million sensors [12] Company Strategy and Development Direction - AIVA's mission is to build a core FMCW technology platform to expand applications beyond automotive, with significant progress in industrial automation and ITS [5][6] - A strategic collaboration with a global Fortune 500 technology subsidiary was announced, involving an investment of up to $50 million to expand AIVA's end markets and deliver advanced perception sensing products [8][16] - The company aims to leverage its strategic partner's manufacturing expertise to accelerate product development and market entry [17][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's position to capitalize on significant interest in AIVA's unique FMCW technology, with strong momentum across automotive, industrial, and ITS markets [25] - The company is optimistic about transitioning from development to large-scale production with the global top 10 passenger OEM, having achieved initial milestones [15][47] - Management highlighted the importance of the strategic collaboration as a validation of AIVA's technology and its potential for broad deployment across multiple markets [17][18] Other Important Information - The company plans to host an AIVA Day on July 31 in New York City to provide deeper insights into its technology and commercial traction [26] Q&A Session Summary Question: Can you talk about incremental target markets with the new partner? - The partnership aims to expand into consumer market applications and accelerate industrial applications, leveraging the partner's experience and relationships with key OEMs [28][29][30] Question: How is the relationship with SICK evolving? - The partnership with SICK is significant, with SICK holding about 15% market share and the potential to transition a majority of their portfolio to FMCW technology [32][34] Question: How quickly can new customers be ramped up? - Initial engagements may take time, but subsequent customer onboarding is expected to be much quicker, potentially within months [40][41] Question: What is the potential momentum with other passenger OEMs? - AIVA is engaged with multiple top passenger OEMs and is seeing significant opportunities across both passenger and commercial vehicles [45][48] Question: What led to the increase in revenue guidance? - The increase is driven by strong momentum in both industrial and automotive markets, with record product revenue in Q1 [50][51] Question: What is the expected revenue contribution from increased industrial market volumes? - The growth is expected to contribute millions in revenue, with average selling prices for sensors in the thousands of dollars [55][56] Question: What are the remaining milestones for the global top 10 passenger OEM? - Key activities include integration and packaging to fit the OEM's production platform, with a focus on transitioning to the production phase [63][64]

First Quarter 2025 Results © 2025 Aeva, Inc. Legal Disclaimer Forward-looking Statements This presentation contains certain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking s ...

Financial Performance - Achieved record product revenue of $3.4 million in Q1 2025, up from $2.1 million in Q1 2024, representing a 61.9% increase[12] - GAAP operating loss decreased to $30.4 million in Q1 2025 from $37.3 million in Q1 2024, a reduction of 18.5%[12] - Non-GAAP net loss per share improved to $0.45 in Q1 2025 from $0.56 in Q1 2024[12] - The company reported a net loss of $34.867 million for the three months ended March 31, 2025, compared to a net loss of $35.326 million for the same period in 2024, reflecting a slight improvement[23] - Non-GAAP net loss for the same period was $24.903 million, down from $29.628 million year-over-year, indicating a reduction in losses[26] - Basic and diluted GAAP net loss per share improved to $(0.64) from $(0.67) year-over-year[27] Cash Flow and Liquidity - Cash, cash equivalents, and marketable securities totaled $81.0 million as of March 31, 2025[6] - The company experienced a net cash used in operating activities of $30.792 million, slightly better than the $30.962 million used in the prior year[23] - Cash flows from investing activities provided $23.322 million, compared to $22.036 million in the previous year, showing an increase in cash generated from investments[23] - The ending cash and cash equivalents decreased to $21.211 million from $29.605 million year-over-year, indicating a decline in liquidity[23] Strategic Initiatives - Introduced Aeva Eve 1D, the industry's first FMCW high-precision laser displacement sensor for industrial automation, with initial orders exceeding 1,000 sensors[5] - Signed a strategic collaboration and investment agreement with a Global Fortune 500 technology subsidiary, with an investment of up to $50 million to expand into new markets[5] - Entered the intelligent transportation systems (ITS) market, becoming the exclusive LiDAR supplier for Sensys Gatso Australia's new mobile speed detection products[5] - Achieved the first milestone for a development program with a global top 10 passenger OEM, positioning for a large-scale production program[5] - The company is focusing on reducing operating losses and improving cash flow through strategic investments and cost management initiatives[24] Asset and Liability Management - Total current assets decreased to $91.8 million as of March 31, 2025, down from $123.3 million as of December 31, 2024[19] - Total liabilities decreased to $45.7 million as of March 31, 2025, compared to $48.1 million as of December 31, 2024[19] Stock and Compensation - Stock-based compensation for the three months ended March 31, 2025, was $4.564 million, down from $5.261 million in the same period of 2024[26] - The company reported a change in the fair value of warrant liabilities of $5.400 million for the current period, compared to $437,000 in the prior year[26] - The number of shares used in computing GAAP net loss per share increased to 54,750,088 from 52,742,725 in the previous year[27]

Core Viewpoint - The market anticipates Aeva Technologies, Inc. (AEVA) will report a year-over-year increase in earnings driven by higher revenues for the quarter ending March 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Aeva Technologies is expected to report a quarterly loss of $0.48 per share, reflecting a year-over-year change of +14.3%, with revenues projected at $2.2 million, an increase of 4.3% from the previous year [3]. - The consensus EPS estimate has been revised 1.22% lower in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, making it challenging to predict an earnings beat [10][11]. - Aeva Technologies holds a Zacks Rank of 2, which indicates a potential for positive performance, but the lack of a positive Earnings ESP complicates predictions [11]. Historical Performance - In the last reported quarter, Aeva Technologies was expected to post a loss of $0.58 per share but delivered a loss of $0.49, resulting in a surprise of +15.52% [12]. - Over the past four quarters, the company has successfully beaten consensus EPS estimates each time [13]. Conclusion - While Aeva Technologies does not appear to be a strong candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [16].