Ultime notizie per Aeva Technologies (NYSE:AEVA) Azioni

Aeva Technologies

Aeva Technologies Inc through its Frequency Modulated Continuous Wave (FMCW) sensing technology, designs a 4D LiDAR-on-chip that, along with its proprietary software applications, has the potential to enable the adoption of LiDAR across broad applications from automated driving to consumer electronics, consumer health, industrial automation, and security application. The company operates in North America, EMEA, and Asia. The company derives the majority of its revenue from North America.

Aeva Technologies Inc

Aeva Technologies, Inc. Redeemable Warrants, each whole warrant exercisable for shares of common stock at an exercise price of $11.50 per share

WIIM

CTVA

Corteva shares are trading lower after the company reported worse-than-expected Q3 financial results and issued FY24 sales guidance with its midpoint below estimates.

<p>HC Wainwright &amp; Co.  analyst Raghuram Selvaraju   maintains Rhythm Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RYTM#NASDAQ">RYTM</a>) with a Buy and raises the price target from $64 to $69.</p>


News

Price Target

Analyst Ratings

RYTM

HC Wainwright & Co. Maintains Buy on Rhythm Pharmaceuticals, Raises Price Target to $69

<p>PepGen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEPG#NASDAQ">PEPG</a>) reported quarterly losses of $(0.66) per share which beat the analyst consensus estimate of $(0.87) by 24.14 percent. This is a 32.65 percent increase over losses of $(0.98) per share from the same period last year.</p>


Earnings

Earnings Beats

PEPG

PepGen Q3 EPS $(0.66) Beats $(0.87) Estimate

Dividends

TGLS

Tecnoglass Board Approves 36% Increase In Quarterly Dividend From $0.11 To $0.15 Per Share

Biotech

Health Care

General

ENSC

Ensysce Biosciences Has Received Notice From The Nasdaq Stock Market That The Company May Continue Its Listing On The Nasdaq Capital Market Tier With An Extension To November 14

<p>Global Indemnity Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBLI#NYSE">GBLI</a>) reported quarterly earnings of $0.95 per share which beat the analyst consensus estimate of $0.57 by 66.67 percent. This is a 69.64 percent increase over earnings of $0.56 per share from the same period last year.  The company reported quarterly sales of $111.761 million which missed the analyst consensus estimate of $123.000 million by 9.14 percent.  This is a 11.34 percent decrease over sales of $126.061 million the same period last year.</p>


Earnings Misses

GBLI

Global Indemnity Group Q3 2024 Adj. EPS $0.95 Beats $0.57 Estimate, Sales $111.761M Miss $123.000M Estimate

<p>Nortech Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSYS#NASDAQ">NSYS</a>) reported quarterly losses of $(0.27) per share. This is a 164.29 percent decrease over earnings of $0.42 per share from the same period last year.  The company reported $31.41 million in sales this quarter. This is a 5.88 percent decrease over sales of $33.37 million the same period last year.</p>


NSYS

Nortech Systems Q3 EPS $(0.27) Down From $0.42 YoY, Sales $31.41M Down From $33.37M YoY

<p>MEDIROM Healthcare Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRM#NASDAQ">MRM</a>) announced a business alliance with SBC Medical Group Holdings Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBC#NASDAQ">SBC</a>) a global owner, operator and provider of management services and products to cosmetic treatment centers.</p>
<p>Our two leading healthcare service providers have more than 4 million members across their loyalty programs at SBC's "Shonan Beauty Clinic" and MEDIROM's "Re.Ra.Ku wellness salon". In addition to bringing customers enhanced offerings and expertise, the alliance will seek to create compelling, integrated opportunities to harness the power of these loyal customers and reward them when they receive services at SBC Medical and MEDIROM.</p>


MEDIROM Healthcare Technologies And SBC Medical Group Holdings Announce Business Alliance, Bringing Customers Enhanced Offerings And Expertise, The Alliance Will Seek To Create Compelling, Integrated Opportunities To Harness The Power Of These Loyal Customers And Reward Them When They Receive Services At SBC Medical And MEDIROM

LakeShore Biopharma Initiates Biologics License Application Of PIKA Rabies Vaccine To The Drug Regulatory Authority Of Pakistan

XELA

On November 6, 2024, The Nasdaq Stock Market Notified Exela Technologies That The Nasdaq Hearings Panel Has Determined To Delist The Company's Common Stock And That Trading Of The Company's Securities Will Be Suspended At The Open Of Trading On November 8-Filing

<p>OTR Global   downgrades Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) from Mixed to Negative.</p>


Downgrades

PANW

OTR Global Downgrades Palo Alto Networks to Negative

<p>Schwab Asset Management&#xAE;, the asset management arm of The Charles Schwab Corporation, today announced the launch of the Schwab Mortgage-Backed Securities ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMBS#NYSE">SMBS</a>). The first day of trading is expected to be on or about November 19.</p>
<p>With an expense ratio of 0.03%, the Schwab Mortgage-Backed Securities ETF is priced in line with the lowest-priced peer ETFs based on the U.S. Mortgage Lipper category1. The ETF will provide simple access to investment-grade mortgage-backed securities issued and/or guaranteed by U.S. government agencies. It is designed to serve as part of a diversified portfolio.</p>


ETFs

SCHW

SMBS

Schwab Asset Management To Launch The Schwab Mortgage-Backed Securities ETF "SMBS" On Or About November 19

Buybacks

STGW

Stagwell Reveals $125M Increase In Stock Repurchase Program

<p>Needham  analyst Joseph Stringer   reiterates Gilead Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>) with a Hold.</p>


Reiteration

GILD

Needham Reiterates Hold on Gilead Sciences

<p>Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.</p>
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/587386a45064ed0001b4b61b/lauren-lieberman">Barclays analyst Lauren Lieberman</a> downgraded the rating for <strong>Coty Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) from Equal-Weight to Underweight and lowered the price target from $8 to $7. Coty shares closed at $7.43 on Wednesday. <a href="https://www.benzinga.com/quote/COTY/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Sean Milligan downgraded <strong>Enphase Energy, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) from Hold to Underperform and cut the price target from $93 to $61. Enphase Energy shares closed at $74.81 on Wednesday. <a href="https://www.benzinga.com/quote/ENPH/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Loop Capital analyst Laura Champine downgraded the rating for <strong>Crocs, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CROX#NASDAQ">CROX</a>) from Buy to Hold and lowered the price target from $150 to $110. Crocs shares closed at $102.74 on Wednesday. <a href="https://www.benzinga.com/quote/CROX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Bernstein analyst Toni Sacconaghi downgraded <strong>Ford Motor Company</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) from Outperform to Market Perform and announced a price target of $11. Ford shares closed at $11.19 on Wednesday. <a href="https://www.benzinga.com/quote/F/analyst-ratings">See how other analysts view this stock</a>.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59009b5a0bd9910001e5f2aa/bradley-thomas">Keybanc analyst Bradley Thomas </a>downgraded the rating for <strong>Dollar Tree, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>) from Overweight to Sector Weight. Dollar Tree shares closed at $62.41 on Wednesday. <a href="https://www.benzinga.com/quote/DLTR/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
<p>Considering buying Ford stock? Here&#8217;s what analysts think: </p>
<p><figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="586" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/07080339/image-76-1024x586.png" alt="" class="wp-image-635158" style="width:545px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/07080339/image-76-1024x586.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/07080339/image-76-300x172.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/07080339/image-76-768x440.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/07080339/image-76.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></p>
<p><strong>Read More:</strong></p>
<ul>
<li><strong> <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41776764/jim-cramer-this-financial-stock-is-a-buy-likes-broadcom">Jim Cramer: This Financial Stock Is A Buy, Likes Broadcom</a></strong></li>
</ul>


Pre-Market Outlook

Markets

Trading Ideas

COTY

CROX

DLTR

ENPH

This Ford Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday

<p><i>NKT Photonics to deliver three innovative prototype optical subsystems to IonQ in 2025</i></p>
<p><i>NKT Photonics' advanced laser systems will be integrated into IonQ's upcoming data center-ready quantum systems</i></p>
<p>IonQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>), a leader in the quantum computing industry, announced today a partnership with <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.nktphotonics.com%2F&amp;esheet=54148577&amp;newsitemid=20241107761716&amp;lan=en-US&amp;anchor=NKT+Photonics&amp;index=1&amp;md5=e2aeed3e06c83873b1e9149d1f342cf4">NKT Photonics</a>, a subsidiary of Hamamatsu Photonics, to procure next-generation laser systems for IonQ's trapped-ion quantum computers and networking equipment. The partnership involves NKT Photonics developing and delivering three prototype optical subsystems to IonQ in 2025, designed to support the commercialization of IonQ's data center-ready quantum computers – such as IonQ Tempo and future barium-based systems.</p>


IONQ

IonQ Announces Partnership With NKT Photonics For Next-Generation Laser Systems To Power Future Quantum Computers

Guidance

Stagwell Reaffirms FY24 Guidance For Organic Net Revenue Growth Of 5% To 7%; Adjusted EBITDA Of $400M - $450M; Free Cash Flow Conversion Of ~50%

<p>Lipocine (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LPCN#NASDAQ">LPCN</a>) reported quarterly losses of $(0.44) per share which beat the analyst consensus estimate of $(0.48) by 8.33 percent. This is a 65.35 percent increase over losses of $(1.27) per share from the same period last year.</p>


LPCN

Lipocine Q3 EPS $(0.44) Beats $(0.48) Estimate

FSTR

L.B. Foster Sees FY 2024 Net Sales $530M-$540M Vs $540.92M Est.

<p>Needham  analyst Ami Fadia   reiterates Jazz Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JAZZ#NASDAQ">JAZZ</a>) with a Buy and maintains $207 price target.</p>


JAZZ

Needham Reiterates Buy on Jazz Pharmaceuticals, Maintains $207 Price Target

In a report released today, Joseph Moore from Morgan Stanley maintained a Hold rating on Aeva Technologies (AEVA – Research Report), with a price t...

Aeva Technologies (AEVA) Gets a Hold from Morgan Stanley

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>Artificial intelligence may very well take over the world. However, like anything in the market, excessive hype can push valuations ahead of the sector. That appears to have been the case recently regarding the tech sector meltdown. Suddenly, the CBOE Volatility Index or VIX screamed higher, <a href="https://investorplace.com/2024/08/vix-alert-market-fear-gauge-spikes-to-highest-levels-since-2022/">indicating fear in the market</a>. But that could present a viable opportunity for generative <a href="https://investorplace.com/industries/technology/artificial-intelligence/">AI stocks</a>.</p>



<p>As <em>Bloomberg</em> mentioned earlier this year, the entire generative AI ecosystem <a href="https://www.bloomberg.com/company/press/generative-ai-to-become-a-1-3-trillion-market-by-2032-research-finds/">could be worth $1.3 trillion by 2032</a>. According to Grand View Research, the global sector for machine intelligence reached a valuation of $13 billion last year. In addition, between 2024 and 2030, the segment could expand at a compound annual growth rate (CAGR) of 36.5%. At the culmination point, the industry specifically <a href="https://www.grandviewresearch.com/industry-analysis/generative-ai-market-report">may generate revenue of $109.37 billion</a>.</p>



<p>Plus, at the rate that enterprises are investing in machine intelligence, these projections could be understated. With that in mind, intrepid contrarians may consider picking up these compelling generative AI stocks.</p>



<h2>Adobe (ADBE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/adbe-1600-1-300x169.png" alt="Adobe logo on the smartphone screen is placed on the Apple macbook keyboard on red desk background. ADBE stock."><div>Source: Tattoboo / Shutterstock</div></div><p>One of the biggest software companies in the world, <strong>Adobe</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/adbe-stock-quote/"><strong>ADBE</strong></a>) wide-ranging solutions for the business ecosystem. In particular, it specializes in solutions for creatives. The company has now integrated machine intelligence in its Creative Cloud suite, bringing a new layer of enhancements to users. It&rsquo;s never been easier to create new works of art, making Adobe one of the top generative AI stocks to consider.</p>



<p>Financially, the company isn&rsquo;t the most exciting entity out there. Nevertheless, what I appreciate is that it consistently delivers the goods. In the past year since its fiscal second quarter, Adobe posted an average earnings per share of $4.25. This figure beat out the consensus estimate of $4.14, yielding an earnings surprise of 2.58%.</p>



<p>To be sure, ADBE stock is on the <a href="https://finance.yahoo.com/quote/adbe/key-statistics">pricey end</a> relative to other infrastructure software companies. It trades at 11.98X trailing-year sales. However, that&rsquo;s below the prior year&rsquo;s running average of 13.11X. Plus, the market has previously accepted a multiple of nearly 15X.</p>



<p>Considering that analysts anticipate 20% growth on the <a href="https://finance.yahoo.com/quote/adbe/analysis">top line to $21.46 billion</a>, ADBE is one of the contextually undervalued generative AI stocks to consider.</p>



<h2>Alphabet (GOOG, GOOGL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/alphabet_goog_googl_1600-300x169.png" alt="Alphabet Inc. (GOOG, GOOGL) and Google logos seen displayed on a smartphone"><div>Source: IgorGolovniov / Shutterstock.com</div></div><p>A company that needs no introduction, <strong>Alphabet</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/goog-stock-quote/"><strong>GOOG</strong></a></span>, NASDAQ:<span><a href="https://investorplace.com/stock-quotes/googl-stock-quote/"><strong>GOOGL</strong></a></span>) represents a strong candidate for generative AI stocks. In particular, the company is developing its <a href="https://blog.google/technology/ai/google-gemini-ai/">chatbot Gemini</a> (which used to be called Bard). Unfortunately, the chatbot itself is complete crap, if I may be honest. However, the potential to integrate the most up-to-date information via the Google ecosystem may give Geminin a projected edge.</p>



<p>In the meantime, investors can depend on the resilience and dependability of one of the biggest tech juggernauts. Financially, in the year since Q2 2024, Alphabet posted an average EPS of $1.74. This figure beat out the consensus view of $1.60, yielding an earnings surprise of 9.48%. The massive beat in Q1 was a standout.</p>



<p>Right now, shares trade hands at 6.27X trailing-year revenue. That&rsquo;s not bad considering that the running average in the prior year comes in at 6.34X. Also, throughout Q2, the multiple stood at 7.24X. That means GOOGL stock has a chance to grow into its prior valuation.</p>



<p>Analysts are expecting just that, with fiscal 2024 sales projected to rise 13% to $347.34 billion. It&rsquo;s one of the generative AI stocks to put on your watchlist.</p>



<h2>Intel (INTC)</h2>



<a href="https://investorplace.com/wp-content/uploads/2024/03/intc.png"><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/03/intc-300x169.png" alt="Intel (INTC) - Quantum Computing Stocks to Buy"></a><p>There&rsquo;s really no getting around how ugly chip manufacturer <strong>Intel</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/intc-stock-quote/"><strong>INTC</strong></a>) is. For its Q2 earnings report, the company posted EPS of two cents. However, analysts were looking for 10 cents, thus incurring a negative surprise of 80%. Obviously, that wasn&rsquo;t what investors had in mind. Combined with mass layoffs, stakeholders simply abandoned ship on INTC stock.</p>



<p>It&rsquo;s understandable. Although the company enjoyed some prior successes, Wall Street is in a show-me mode, especially for questionable enterprises. Further, analysts are now adjusting down their expectations. For fiscal 2024, the consensus view for revenue sits at $52.32 billion. That&rsquo;s down 3.5% from last year&rsquo;s print of $54.23 billion.</p>



<p>So, it&rsquo;s an ugly situation. However, as the market absorbs the new reality, INTC stock suddenly looks more intriguing from a speculative viewpoint. For example, shares now trade at 0.73X book value. Roughly speaking, in the past year, the running average was around 1.7X to 1.8X.</p>



<p>Moreover, in fiscal 2025, analysts are <a href="https://finance.yahoo.com/quote/intc/analysis">anticipating a slow road to recovery</a>. Consensus sales call for $56.4 billion, with the high-side estimate standing at $60.49 billion. It&rsquo;s risky but it could be one of the generative AI stocks on discount.</p>



<h2>Intuit (INTU)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/11/intu1600-300x169.png" alt="Person holding cellphone with logo of US financial software company Intuit Inc. (INTU) on screen in front of business webpage. Focus on phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div><p>Accounting and tax software firm <strong>Intuit</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/intu-stock-quote/"><strong>INTU</strong></a>) makes for an intriguing case for generative AI stocks. With more people participating in the gig economy, tax preparation will become more important since gig workers (i.e. independent contractors) are essentially taxed as businesses. That means the underlying work is more complicated, which suits Intuit just fine.</p>



<p>What&rsquo;s more, questions always arise regarding different tax protocols. With generative AI, Intuit&rsquo;s programs can address inquiries and pain points on the spot. Over time, as the technology improves, it&rsquo;s quite possible that the company can disrupt the human side of tax preparation. Why pay all that money for advice when you can have all your inquiries answered immediately?</p>



<p>Right now, INTU stock seems to be quite a deal. Shares trade hands for only 0.73X book value. In the past year, the average stood at around 1.78X. To be fair, analysts see sales dipping about 3.5% this year to $52.32 billion. I have doubts about this, to be frank. However, in fiscal 2025, sales could rise to $56.4 billion. The high-side estimate calls for $60.49 billion, making INTU a must-watch idea.</p>



<h2>SentinelOne (S)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/12/sentinelone-1600-300x169.png" alt="The logo for SentinelOne (S) is seen on on an office building."><div>Source: Tada Images / Shutterstock.com</div></div><p>An emerging name in the cybersecurity realm, <strong>SentinelOne</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/s-stock-quote/"><strong>S</strong></a>) utilizes machine intelligence for detecting threats and preventing data breaches. The company utilizes advanced AI models that analyst a wide range of data in real time, identifying and responding to security threats autonomously. Given the increased frequency and cost of cyberbreach incidents over the years, SentinelOne ranks among the most relevant generative AI stocks to consider.</p>



<p>In fact, one of the concerns about AI is that nefarious agents can <a href="https://www.forbes.com/sites/forbestechcouncil/2023/08/14/generative-ais-dark-side-how-its-the-perfect-tool-for-hackers-to-spread-malware/">use the innovation to spread malware</a>. Digital intelligence can also cut the learning curve for would-be hackers. Therefore, it&rsquo;s imperative that cybersecurity enterprises stay ahead of the curve. That puts SentinelOne in the driver&rsquo;s seat.</p>



<p>Right now, shares trade at 9.7X sales. To be blunt, that&rsquo;s quite high relative to other enterprises in the infrastructure software space. However, in the past year, the running average stood at 10.57X. In the three months ended Jan. 31, 2024, the metric soared to 13.58X. So, S stock could rise to its prior valuation.</p>



<p>Analysts are looking for this dynamic to play out, anticipating <a href="https://finance.yahoo.com/quote/s/analysis">revenue to land at $812.47 million</a>. If so, that would imply a growth rate of 30.8%.</p>



<h2>Lantronix (LTRX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/01/ltrx1600-300x169.png" alt="Digital data flow on road with motion blur to create vision of fast speed transfer. Concept of future digital transformation, disruptive innovation and agile business methodology. LTRX stock"><div>Source: Blue Planet Studio / Shutterstock.com</div></div><p>Based in Irvine, California, <strong>Lantronix</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/ltrx-stock-quote/"><strong>LTRX</strong></a>) falls under the communication equipment industry. Primarily, the company is involved in the Internet of Things, along with the securing of data communications. Lantronix utilizes AI to enhance edge computing services and real-time data processing. With its acumen, the company aims to improve automated functionalities and bring efficiencies in IoT applications.</p>



<p>Fundamentally, LTRX represents one of the most relevant ideas among generative AI stocks. Even better, the company consistently brings home the goods. In the past year since Q1, the company&rsquo;s average EPS came in at 8 cents. This exceeded the expected average earnings of 7 cents per share.</p>



<p>What&rsquo;s more enticing, LTRX stock trades at only 0.92X sales. In contrast, the underlying industry runs an <a href="https://fullratio.com/ps-ratio-by-industry">average multiple of 1.42X</a>. Further, in the trailing year, the company&rsquo;s average multiple stood at 1.24X. Thus, LTRX may have some room to grow.</p>



<p>In addition, analysts are targeting sales this fiscal year to hit $160.49 million. That&rsquo;s up 22.3% from last year&rsquo;s print of $131.19 million, making the valuation all the more attractive.</p>



<h2>Aeva Technologies (AEVA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/aeva1600-300x169.png" alt="Mobile phone with logo of American autonomous driving company Aeva Inc. on screen in front of business web page. Focus on left of phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div><p>Technically operating under the infrastructure software industry, <strong>Aeva Technologies</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/aeva-stock-quote/"><strong>AEVA</strong></a>) is a key player in the autonomous driving space. The company develops lidar sensors for autonomous vehicles while also developing AI systems that can interpret complex three-dimensional data. This innovation allows automated systems to make necessary adjustments for collision avoidance and other critical functions.</p>



<p>As exciting as AEVA stock is, it must be stated that the underlying business is risky. Primarily, it&rsquo;s not profitable and it may not be for some time. However, the company has been <a href="https://www.tipranks.com/stocks/aeva/earnings">beating its quarterly revenue targets</a> quite soundly since missing in Q3 2023.</p>



<p>To be sure, AEVA stock remains extremely elevated in terms of its valuation. Right now, shares trade at 21.87X sales, which helps explain some of the hesitation surrounding the company. That said, the multiple previously stood at well over 50X on average in the past year.</p>



<p>Finally, analysts anticipate massive growth this year, with sales potentially reaching $8.64 million. If so, that would imply a doubling from last year&rsquo;s print of $4.31 million. In addition, fiscal 2025 revenue could skyrocket to $22.67 million, with a high-side view of $32.5 million. This is one of the generative AI stocks to keep on your radar.</p>



<p><em>On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;</em><a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank"><em>Publishing Guidelines</em></a><em>.</em></p>



<p><em>On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>
<div><p>A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/08/7-generative-ai-stocks-that-are-worth-picking-up-now/">7 Generative AI Stocks That Are Worth Picking Up NOW</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

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Here are the major earnings after the close today

Aeva Technologies, Inc. (AEVA) Q3 2024 Earnings Call Transcript

Aeva Technologies, Inc. ( ($AEVA) ) has released its Q3 earnings. Here is a breakdown of the information Aeva Technologies, Inc. presented to its i...

Aeva Technologies Reports Q3 2024 Financial Results and Strategic Advances

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Screenshot 2024-10-28 at 6.25.40 PM

Tech

Aeva Technologies Inks Multi-Year Deal With The Indoor Lab, Growing Its Commercial Momentum And Increasing Revenue Potential

Screenshot 2024-10-09 at 5.25.23 PM

Emerging Markets

Movers & Shakers

Aeva Enables Customers To Go Where They Have Never Gone Before – Looking Into Automated Vehicles And Network Effects From An Expanding List Of Customers

Screenshot 2024-09-17 at 7.15.51 PM

NINOY

Why Nvidia, Daimler Truck, Nikon And Top U.S. Security Organization Are Partnering With This AI Chip Stock

Screenshot 2024-09-04 at 6.13.04 PM

The Technology Powering Aeva&#39;s (NYSE: AEVA) Vision For A Safer Autonomous Future And Why It Could Be Game-Changing

Screenshot 2024-08-12 at 6.42.02 PM

Deals With Automotive Companies, Top National Security Organization And More: What Aeva Technologies Has Been Up To This Year To Become A Market Leader

Press Releases

Aeva to Showcase High-Performance 4D LiDAR Technology for Commercial Vehicles at IAA Transportation 2024

The Technology Powering Aeva's (NYSE: AEVA) Vision For A Safer Autonomous Future And Why It Could Be Game-Changing

Major European Passenger OEM Selects Aeva for Automated Vehicle Validation Program

Aeva Announces Date for Third Quarter 2024 Results and Conference Call

The Indoor Lab Selects Aeva as LiDAR Provider to Transform Safety, Security and Operational Efficiency for Major U.S. Airports and Mass Transit Applications

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