Eve (EVEX)
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Morning Market Movers: FCHL, BRZE, ELVN, EDBL See Big Swings
RTTNews· 2026-03-25 11:33
At 7:22 a.m. ET on Wednesday, premarket trading is seeing notable activity in several stocks, with early price movements signaling potential opportunities before the opening bell.For active traders, premarket trading offers a head start in spotting potential breakouts, reversals, or sharp price swings. These early moves often indicate where momentum may carry into the regular session, making premarket analysis a key part of the trading day.In the Green - Premarket GainersThe following stocks are trading hi ...
JPMorgan Sees 140% Upside In This eVTOL Stock — And It's Not Joby Or Archer
Benzinga· 2026-03-24 19:25
The eVTOL (electric Vertical Takeoff and Landing) trade has been all about vision, but one stock is being priced like it has none. Eve Holding, Inc (NYSE:EVEX) is trading near $2.50, yet JPMorgan analyst Marcelo Motta sees a path to $6—implying ra 140% upside. The disconnect isn't hype; it’s a market that may be underpricing progress.The eVTOL Valuation GapStart with where it trades.That kind of gap usually signals a difference in execution—or perception. JPMorgan's view is that it's the latter.De-Risking I ...
Epic Games Lays Off Over 1,000 Employees, Citing Fortnite Slump
Nytimes· 2026-03-24 19:12
The cut represents about 20 percent of the video game company's work force, a spokeswoman said. ...
Epic Games cuts 1,000 jobs as Fortnite 'magic' fades in 'extreme' market conditions
Fox Business· 2026-03-24 19:11
The Fortnite craze might have reached its crescendo. Epic Games announced layoffs of 1,000 employees Tuesday, citing declining Fortnite engagement."We've had challenges delivering consistent Fortnite magic with every season," CEO Tim Sweeney admitted in a memo to staff. "Today we're laying off over 1000 Epic employees," the memo began. "I'm sorry we're here again. The downturn in Fortnite engagement that started in 2025 means we’re spending significantly more than we’re making, and we have to make major cut ...
Eve Holding: First Flight Achieved, But The Hardest Part Is Still Ahead
Seeking Alpha· 2026-03-18 08:50
Group 1 - Eve Holding (NYSE: EVEX) has experienced a decline of over 30% since the last report, indicating ongoing investment risks associated with eVTOL developers [1] - Year-to-date, the stock has lost more than 35% of its value, highlighting the volatility in this sector without a clear recovery path [1] - The analyst, Dhierin-Perkash Bechai, specializes in aerospace, defense, and airline sectors, providing insights into investment opportunities and risks within these industries [1] Group 2 - The Aerospace Forum is positioned as a leading investment research service focused on aerospace, defense, and airline sectors, offering access to proprietary data analytics [1] - The analyst's background in aerospace engineering supports a data-informed approach to investment analysis, emphasizing the potential for growth in the aerospace industry [1]
Eve (EVEX) - 2025 Q4 - Earnings Call Transcript
2026-03-17 13:02
Eve Holding (NYSE:EVEX) Q4 2025 Earnings call March 17, 2026 08:00 AM ET Company ParticipantsEduardo Couto - CFOJohann Bordais - CEOLucio Aldworth - Director of Investor RelationsLuiz Valentini - CTOConference Call ParticipantsAndre Madrid - VP and Aerospace and Defense AnalystAndres Sheppard Slinger - Research AnalystAustin Moeller - Senior Aerospace and Defense Technology AnalystEllen Page - Equity AnalystMarcelo Motta - Research AnalystSamir Doshi - AnalystSavanthi Syth - Managing Director and Senior Equ ...
Eve (EVEX) - 2025 Q4 - Earnings Call Transcript
2026-03-17 13:02
Financial Data and Key Metrics Changes - The company ended 2025 with a liquidity of $541 million, including $390 million in cash and $150 million in undrawn credit facilities [24] - Total liquidity increased to $641 million after securing a new syndicated loan of $150 million [24] - The net loss for Q4 2025 was $64 million, with a full-year loss of $224 million [27] - Cash consumption for 2025 was close to the low end of guidance at $175 million, reflecting cost discipline and synergies with Embraer [25][27] Business Line Data and Key Metrics Changes - The company invested $59 million in R&D during Q4 2025 and $195 million for the full year, primarily for eVTOL development [27] - SG&A expenses were $8 million for Q4 and $31 million for the full year [27] Market Data and Key Metrics Changes - The total pre-order backlog stands at approximately 2,700 aircraft, valued at around $13.5 billion based on 2025 list prices [22] - The company secured contracts with 14 customers for its Eve TechCare suite, potentially generating $1.6 billion in revenue [23] Company Strategy and Development Direction - The company is focused on progressing through its flight test campaign, aiming for around 300 flights in 2026 to build knowledge for type certification [11][29] - The strategy includes engaging with suppliers and preparing for the assembly of six certification-compliant prototypes [28] - The company emphasizes the importance of customer support and services as part of its value proposition [43] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges ahead in finalizing product characteristics and compliance for certification [65] - The company is optimistic about the increasing interest from customers and the potential for converting LOIs to firm orders as flight certification progresses [86] Other Important Information - The company is actively working with ANAC on certification plans and has engaged suppliers for critical components [18][68] - The flight campaign includes distinct phases, with the first phase focusing on hover and maneuvers, which has been completed [14] Q&A Session Summary Question: Can you provide more details on cash consumption breakdown? - The expected cash consumption for 2026 is $225 million to $275 million, primarily for R&D, with SG&A maintained around $30 million [32] Question: What is the status of the ANAC certification process? - The company is adapting compliance measures to align with new FAA regulations, which may streamline future validation processes [36] Question: Update on the six ANAC conforming aircraft? - The prototypes are for testing and certification only, with long lead items already in production [40] Question: When will the service and support segment ramp up? - The company is focusing on customer support and ecosystem readiness, with partnerships being established [44] Question: What is the expected pace of converting LOIs to firm orders? - The company is seeing increased interest and is negotiating directly with some customers for firm orders [86]
Eve (EVEX) - 2025 Q4 - Earnings Call Transcript
2026-03-17 13:00
Eve Holding (NYSE:EVEX) Q4 2025 Earnings call March 17, 2026 08:00 AM ET Speaker9Good day, and welcome to the Eve Holding, Inc. fourth quarter 2025 earnings conference call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on a touch-tone phone. To withdraw your question, please p ...
Eve (EVEX) - 2025 Q4 - Earnings Call Presentation
2026-03-17 12:00
Full-Scale Prototype 1st Flight on Dec.19, '25 4 Q 2 5 & F Y 2 0 2 5 U P DAT E M a r c h 1 6 , 2 0 2 6 This information belongs to Eve and cannot be used or reproduced without written permission from the Company. LATEST PRODUCT DEVELOPMENT ACHIEVEMENTS Flight Campaign Intensifying High engagement with authorities / suppliers This information belongs to Eve and cannot be used or reproduced without written permission from the Company. This information belongs to Eve and cannot be used or reproduced without wr ...
Eve Holding, Inc. Reports Fourth Quarter and FY2025 Results
Prnewswire· 2026-03-16 20:15
Core Insights - Eve Holding, Inc. reported its fourth quarter and fiscal year 2025 earnings results, highlighting significant advancements in the Urban Air Mobility (UAM) ecosystem and the development of its electric Vertical Take-Off and Landing (eVTOL) aircraft [1][10]. Company Developments - In 2025, Eve Air Mobility achieved several milestones, including the maiden flight of its engineering prototype, which has flown 28 times and accumulated over 1 hour of flight time, with plans for approximately 300 flights in 2026 [3][6]. - The company has the largest and most diversified backlog, totaling 2,700 Letters of Intent (LOIs), with 100 aircraft under binding agreements, providing long-term revenue visibility [6][10]. - Eve is actively engaged with aviation authorities to advance the certification processes for its aircraft, with expectations to initiate its certification campaign shortly [5][10]. Financial Performance - In the fourth quarter of 2025, Eve reported a net loss of $63.9 million, an increase from $40.7 million in the same quarter of 2024, primarily due to increased Research & Development (R&D) expenses [11][14]. - For the full year 2025, the net loss was $224.3 million, compared to $138.2 million in 2024, with R&D expenses reaching $194.7 million, up from $129.8 million in the previous year [14][16]. - Total cash consumption for 2025 was $175.2 million, slightly below the expected range of $200 to $250 million, reflecting disciplined cost control [16][17]. Operational Highlights - The company employed approximately 930 full-time collaborators as of the fourth quarter of 2025, an increase from around 900 at the end of 2024 [15]. - Eve's total liquidity reached $641 million, the highest level ever, supported by a mix of debt and equity instruments raised in the last six months [7][17]. - The company continues to focus on cost discipline and efficiencies in collaboration with Embraer, ensuring sufficient funding for operations and R&D through 2028 [7][19].