Aeva Technologies (NASDAQ:AEVA) shares fall 5.95% as mixed analyst ratings and insider selling pressure stock

Aeva Technologies (NASDAQ:AEVA) shares fell 5.954% in pre-market trading on Dec. 24, 2025, extending a downward trend amid mixed analyst sentiment and recent insider selling. The stock, which closed at $14.78 on its previous session, has faced pressure following a series of conflicting research reports. Canaccord Genuity Group maintained a "buy" rating with a $24 target, while Wall Street Zen and Weiss Ratings downgraded to "sell," reflecting divergent views on the company’s near-term prospects.

The stock’s decline coincides with a challenging earnings outlook. Aeva posted a $0.46 loss per share in its latest quarter, with revenue of $3.58 million, and analysts expect continued losses. Compounding concerns, key insiders, including CFO Saurabh Sinha and CTO Mina Rezk, sold significant portions of their holdings in November, signaling potential lack of confidence. These sales reduced insider ownership by 6.26% and 7.80%, respectively, amid a broader 90-day insider sell-off totaling $8.18 million.

Despite institutional support, with hedge funds like GAMMA Investing and SBI Securities increasing stakes in Q2, the stock remains volatile. Aeva’s market cap of $826.7 million and a beta of 2.16 highlight its sensitivity to broader market swings. The company’s focus on 4D LiDAR technology for automotive and robotics continues, but near-term profitability remains elusive, weighing on investor sentiment as the year-end trading session approaches.

The uncertainty surrounding Aeva is exacerbated by a lack of clear guidance on when it will achieve profitability. While the company continues to innovate in LiDAR, the absence of consistent revenue growth and recurring business models has led to skepticism. Analysts are watching for any sign of product adoption or strategic partnerships that might shift the narrative in the coming quarters.