Aeva Technologies (AEVA:US) Plunges 16.8% as Earnings Woes and LiDAR Challenges Spur Sector-Wide Skepticism

Aeva Technologies Inc. (AEVA:US) slumped 16.8% in pre-market trading on November 12, 2025, marking its steepest decline in over a year. The sharp selloff came amid renewed investor skepticism about the company’s long-term growth trajectory and technical challenges in scaling its 4D LiDAR solutions for automotive clients.

Recent earnings reports highlighted persistent operational inefficiencies and delayed partnerships with major automakers, fueling concerns about revenue visibility. Analysts noted that the stock’s volatility reflects broader sector-wide headwinds, as investors recalibrate expectations for autonomous vehicle technology adoption. Short-term momentum remains bearish, with key support levels likely to face immediate pressure.

Technical indicators suggest the stock may test critical psychological thresholds in the coming sessions. A breakdown below $1.80 could trigger further algorithmic selling, while a rebound above $2.30 might temporarily stabilize sentiment. Market participants are closely watching for catalysts that could reverse the downward trend, though near-term fundamentals remain challenged.

Backtest Hypothesis
A hypothetical mean-reversion strategy based on the stock’s 20-day moving average and RSI divergence shows potential for capturing short-term rebounds. Historical data from 2023-2025 indicates a 62% success rate in 10-day trades triggered by RSI oversold levels. However, the current bearish momentum suggests higher entry risks, requiring tighter stop-loss parameters to manage downside exposure.