Aeva Q1 revenue beats analyst estimates

Aeva Technologies

06/05/2026 21:57

Overview

US sensing systems maker's Q1 revenue rose yr/yr, beating analyst expectations

Non-GAAP net loss per share narrowed to $0.41 from $0.45 yr/yr

Growth driven by new commercial deployments and automotive milestones with Daimler Truck, European OEM

Outlook

Company did not provide specific financial guidance for the current or future periods in the press release

Result Drivers

AUTOMOTIVE DEPLOYMENTS - Revenue growth driven by deliveries of Atlas sensors to Daimler Truck and Atlas Ultra sensors to a top European passenger OEM

COMMERCIAL EXPANSION - Additional deployments in defense, infrastructure, and factory automation contributed to revenue growth

Company press release: ID:nBwb4Zxz4a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$6.3 mln
$4.90 mln (3 Analysts)
Q1 Adjusted EPS
-$0.41


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the communications & networking peer group is "buy"

Wall Street's median 12-month price target for Aeva Technologies Inc is $24.00, about 57.5% above its May 5 closing price of $15.24

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)