Latest news with #AevaTechnologies
Yahoo
4 days ago
- Business
- Yahoo
AEVA vs. LAZR: Which LiDAR Stock Is the Better Bet Now?
Aeva Technologies AEVA and Luminar Technologies LAZR are two front-runners in the evolving LiDAR space, each aiming to capitalize on the demand for sensing systems in autonomous vehicles, industrial automation and advanced driver assistance systems (ADAS). Both companies have recently made strategic pivots and technological advances, drawing attention from investors looking to ride the next wave of transportation (Light Detection and Ranging) is a remote sensing method that uses light in the form of a pulsed laser and continuously scans the environment in front of a vehicle. It enables an accurate and high-precision estimate of the shape and size of objects in three-dimensional understanding of the surroundings. It is gaining popularity as a crucial technology for the safe and efficient operation of autonomous both firms operating in the same LiDAR vertical, their paths diverge in key areas such as commercialization timelines, customer wins, financial discipline, and capital market strategies. As LiDAR gains traction beyond self-driving into broader safety applications, comparing AEVA and LAZR now is timely. Both offer high-risk, high-reward potential, but the difference lies in their pace of execution and readiness to dive deep and closely compare the fundamentals of the two stocks to determine which one is a better investment now. Expanding Momentum and Industrial Diversification: Aeva Technologies has seen a surge in activity throughout 2025, fueled by developments beyond the core automotive market. The company's 4D LiDAR, built on Frequency Modulated Continuous Wave (FMCW) technology, provides real-time velocity and depth data — setting it apart from traditional time-of-flight (ToF) systems. This technological edge is helping AEVA broaden its reach into industrial applications, where precision and reliability are critical, and opens doors to a wider array of end Wins With Tier-One Players: AEVA's partnership pipeline is robust. A Fortune 500 tech company recently committed up to $50 million — $32.5 million in equity and $17.5 million in manufacturing support — and is expected to act as AEVA's Tier 2 supplier for a top-10 global passenger OEM. The program could scale to multiple models, positioning Aeva Technologies to lock in long-term supply agreements. Management also highlighted a signed letter of intent from that OEM, signaling a potential production award as early as late Expansion and Capacity Building: Unlike many LiDAR players that are heavily reliant on automotive production ramps, AEVA is making a smart push into high-margin industrial sectors. It has secured over 1,000 orders for its Eve 1 precision sensor and is working with customers like SICK AG and LMI Technologies, which serve a combined addressable market of roughly 2 million units annually. Aeva Technologies is targeting 100,000 units in annual production capacity by the end of 2025. Strategic Liquidity Moves and Deleveraging: Luminar has taken deliberate steps to reinforce its balance sheet. Through repurchasing $50 million of its 2026 convertible notes using a mix of cash and equity, and securing a $200 million capital facility from institutional investors, Luminar has improved its liquidity runway through at least the end of 2026. With roughly $400 million in total liquidity and a reduced debt load of $135 million, Luminar is better positioned to fund the transition to its new Halo platform without relying on near-term revenue Platform Offers a Streamlined Path Forward: The company's pivot to a single, unified LiDAR system — Halo — is gaining momentum. OEMs are migrating away from Luminar's legacy Iris system, opting instead for the Halo architecture, which promises quicker deployment, lower development costs, and greater commercial scalability. Prototypes are already in customer hands, with a formal launch expected in late 2026 or early 2027. This shift could position Luminar as a volume-ready LiDAR supplier capable of capturing significant market share in ADAS and safety Industrial and Automotive Partnerships: Luminar's agreements extend beyond passenger vehicles. Its LiDAR will be featured in Caterpillar's off-highway trucks, targeting quarry and aggregate operations, offering validation in demanding environments. Automotive-wise, it's already live on the Volvo EX90 and will soon be featured on the Volvo ES90, representing the only high-performance LiDAR system standard on global production vehicles. Aeva Technologies has climbed nearly 240% year to date, largely fueled by new industrial and OEM partnership announcements. The rapid upswing reflects growing market optimism, though it raises questions about how much near-term success is already priced in. On the other hand, LAZR is down around 31% this year, weighed by commercialization delays and cash flow concerns. Still, if it can deliver on its Halo roadmap, the current valuation could present an attractive opportunity. Image Source: Zacks Investment Research Valuation is where the contrast becomes stark. AEVA currently trades at a forward sales multiple of approximately 31.6, signaling aggressive investor expectations for future growth. LAZR, on the other hand, trades at just 1.6X forward sales, offering a more grounded valuation despite its early production wins and robust capital runway. This gap suggests that AEVA's stock price may already be baking in a lot of future success, while LAZR may present a value opportunity. Image Source: Zacks Investment Research Both companies are still in the red but are showing signs of improvement. Analysts forecast AEVA's EPS to improve by 21.7% in 2025 and another 12.2% in 2026, driven by early industrial revenues and potential automotive ramp-ups. Image Source: Zacks Investment Research Luminar, however, is expected to post a stronger recovery with a 53.6% EPS improvement in 2025, followed by 7.5% in 2026. These forecasts imply that LAZR could deliver stronger bottom-line leverage as revenues scale from existing programs. Image Source: Zacks Investment Research AEVA and LAZR are both navigating the early stages of LiDAR commercialization, each with unique strengths. AEVA stands out with fresh momentum, strategic wins across verticals, and rapid industrial expansion. However, its stretched valuation and continued cash burn temper near-term upside. LAZR, on the other hand, offers better valuation support and a clearer path toward high-volume deployment through its streamlined Halo platform and strong balance stocks currently carry a Zacks Rank #2 (Buy), reflecting optimistic earnings outlooks and improving investor sentiment. In the end, the choice comes down to investor preference: AEVA for early-stage hypergrowth and vertical diversification, or LAZR for strategic discipline and deeper institutional backing. Either way, both are well worth investing in the LiDAR race. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Luminar Technologies, Inc. (LAZR) : Free Stock Analysis Report Aeva Technologies, Inc. (AEVA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
22-05-2025
- Business
- Yahoo
Jim Cramer on Aeva Technologies (AEVA): Its Recent 'Airbus Contract That's Really Good'
We recently published a list of . In this article, we are going to take a look at where Aeva Technologies, Inc. (NASDAQ:AEVA) stands against other stocks that Jim Cramer discussed recently. On Monday, Mad Money host Jim Cramer addressed the market's reaction to the recent U.S. debt downgrade by Moody's. 'Stories like the US debt downgrade story from Friday, they are classic… Stories that scare people out of very fine stocks that could otherwise make them rich. And sure enough, when Moody's downgraded the debt of the United States on Friday, the last of the three big rating agencies to do so, the market opened hideously as the get out now crowd took action. They fled. Then the market rebounded.' READ ALSO: Jim Cramer Put These 12 Stocks Under the Spotlight and 15 Stocks on Jim Cramer's Radar. Cramer warned that such panic is not a one-off. He mentioned that there will be many other 'get out now' calls issued ahead. He said that the warnings often come from sources who either do not fully grasp the situation or are motivated by less transparent reasons. In his view, some are simply uninformed, while others may be experienced short sellers using fear as a tactic to move markets in their favor. Even if the issues these fear-driven stories point to do materialize, Cramer believes they are manageable. He called out the overuse of the term 'stagflation,' often wielded by bearish commentators to provoke anxiety. He acknowledged how difficult it can be to resist the persuasive nature of such arguments. Still, he encouraged investors to stay the course as he added, 'You'll have to stick with me and we'll sit through this.' 'Let me give you the bottom line: The crucial thing that we in the media can do, and I say this as someone who talks to more individual veterans than almost anyone in the universe, and certainly more than anyone in the media, is simply cool it with the fear mongering and cut off guests who advocate it. A little history and some constructive thought would go a lot further if your goal is not to inflame, but to inform.' For this article, we compiled a list of 15 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on May 19. We listed the stocks in ascending order of their hedge fund sentiment as of the fourth quarter of 2024, which was taken from Insider Monkey's database of over 1,000 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A close-up of a LiDAR-on-chip sensor mounted in a consumer-grade electronic device. Number of Hedge Fund Holders: 11 Noting the stock's sudden decline, a caller asked about Aeva Technologies, Inc. (NASDAQ:AEVA). Here's what Cramer had to say: 'Yeah, they got an Airbus contract that's really good. And I gotta tell you, I think that what's happened there is people got it. You had to be in it beforehand. Now you're too late. I have to move on. We'll find the next one.' Aeva (NASDAQ:AEVA) develops advanced LiDAR sensing systems and software using frequency modulated continuous wave technology (FMCW), offering high-performance 4D LiDAR solutions for automotive, industrial, consumer, and security applications. On May 15, Roth Capital raised AEVA's price target to $17 from $6, after the company reported better-than-expected revenue and a strong outlook for 2025. The firm expressed confidence in Aeva's (NASDAQ:AEVA) momentum as it begins shipping its 4D FMCW lidar products and expands across major markets. Overall, AEVA ranks 13th on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of AEVA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AEVA and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Business Insider
21-05-2025
- Business
- Business Insider
Analysts Are Bullish on Top Technology Stocks: CCC Intelligent Solutions Holdings (CCCS), Cisco Systems (CSCO)
There's a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on CCC Intelligent Solutions Holdings (CCCS – Research Report), Cisco Systems (CSCO – Research Report) and Aeva Technologies (AEVA – Research Report) with bullish sentiments. Confident Investing Starts Here: Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter CCC Intelligent Solutions Holdings (CCCS) Bank of America Securities analyst Michael Funk maintained a Buy rating on CCC Intelligent Solutions Holdings yesterday and set a price target of $11.00. The company's shares closed last Wednesday at $9.03, close to its 52-week low of $8.83. According to Funk is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -8.0% and a 42.9% success rate. Funk covers the Technology sector, focusing on stocks such as Zoom Video Communications, Weave Communications, and Bentley Systems. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CCC Intelligent Solutions Holdings with a $11.67 average price target, which is a 29.4% upside from current levels. In a report issued on May 6, William Blair also maintained a Buy rating on the stock. Cisco Systems (CSCO) Bank of America Securities analyst Tal Liani reiterated a Buy rating on Cisco Systems today and set a price target of $76.00. The company's shares closed last Wednesday at $61.29. According to Liani is a 5-star analyst with an average return of 10.1% and a 57.2% success rate. Liani covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CommScope Holding. Currently, the analyst consensus on Cisco Systems is a Strong Buy with an average price target of $69.60, which is a 12.9% upside from current levels. In a report issued on May 9, Cleveland Research also upgraded the stock to Buy. Aeva Technologies (AEVA) In a report released today, Sujeeva De Silva from Roth MKM maintained a Buy rating on Aeva Technologies, with a price target of $17.00. The company's shares closed last Wednesday at $14.45. According to Silva is a 5-star analyst with an average return of 22.8% and a 51.1% success rate. Silva covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Advanced Micro Devices, and indie Semiconductor. Aeva Technologies has an analyst consensus of Strong Buy, with a price target consensus of $8.88, representing a -36.3% downside. In a report issued on May 12, Craig-Hallum also maintained a Buy rating on the stock.
Yahoo
21-05-2025
- Business
- Yahoo
Jim Cramer on Aeva Technologies (AEVA): Its Recent 'Airbus Contract That's Really Good'
We recently published a list of . In this article, we are going to take a look at where Aeva Technologies, Inc. (NASDAQ:AEVA) stands against other stocks that Jim Cramer discussed recently. On Monday, Mad Money host Jim Cramer addressed the market's reaction to the recent U.S. debt downgrade by Moody's. 'Stories like the US debt downgrade story from Friday, they are classic… Stories that scare people out of very fine stocks that could otherwise make them rich. And sure enough, when Moody's downgraded the debt of the United States on Friday, the last of the three big rating agencies to do so, the market opened hideously as the get out now crowd took action. They fled. Then the market rebounded.' READ ALSO: Jim Cramer Put These 12 Stocks Under the Spotlight and 15 Stocks on Jim Cramer's Radar. Cramer warned that such panic is not a one-off. He mentioned that there will be many other 'get out now' calls issued ahead. He said that the warnings often come from sources who either do not fully grasp the situation or are motivated by less transparent reasons. In his view, some are simply uninformed, while others may be experienced short sellers using fear as a tactic to move markets in their favor. Even if the issues these fear-driven stories point to do materialize, Cramer believes they are manageable. He called out the overuse of the term 'stagflation,' often wielded by bearish commentators to provoke anxiety. He acknowledged how difficult it can be to resist the persuasive nature of such arguments. Still, he encouraged investors to stay the course as he added, 'You'll have to stick with me and we'll sit through this.' 'Let me give you the bottom line: The crucial thing that we in the media can do, and I say this as someone who talks to more individual veterans than almost anyone in the universe, and certainly more than anyone in the media, is simply cool it with the fear mongering and cut off guests who advocate it. A little history and some constructive thought would go a lot further if your goal is not to inflame, but to inform.' For this article, we compiled a list of 15 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on May 19. We listed the stocks in ascending order of their hedge fund sentiment as of the fourth quarter of 2024, which was taken from Insider Monkey's database of over 1,000 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A close-up of a LiDAR-on-chip sensor mounted in a consumer-grade electronic device. Number of Hedge Fund Holders: 11 Noting the stock's sudden decline, a caller asked about Aeva Technologies, Inc. (NASDAQ:AEVA). Here's what Cramer had to say: 'Yeah, they got an Airbus contract that's really good. And I gotta tell you, I think that what's happened there is people got it. You had to be in it beforehand. Now you're too late. I have to move on. We'll find the next one.' Aeva (NASDAQ:AEVA) develops advanced LiDAR sensing systems and software using frequency modulated continuous wave technology (FMCW), offering high-performance 4D LiDAR solutions for automotive, industrial, consumer, and security applications. On May 15, Roth Capital raised AEVA's price target to $17 from $6, after the company reported better-than-expected revenue and a strong outlook for 2025. The firm expressed confidence in Aeva's (NASDAQ:AEVA) momentum as it begins shipping its 4D FMCW lidar products and expands across major markets. Overall, AEVA ranks 13th on our list of stocks that Jim Cramer discussed recently. While we acknowledge the potential of AEVA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AEVA and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
CNBC
20-05-2025
- Business
- CNBC
Lightning Round: Zoom is doing a lot right, but it's taking them a really long time, says Jim Cramer
'Mad Money' host Jim Cramer weighs in on stocks including: Zoom, ImmunityBio, Aeva Technologies, SoundHound AI, Edwards Lifesciences and Sterling Infrastructure.
