BTIG Analyst Rates EVEX Stock as Neutral with No Target Price

BTIG analyst Andrew Madrid rated Eve Holding (EVEX) stock as "Neutral" with no target price on August 12, 2025. Cantor Fitzgerald reaffirmed its "Overweight" rating with a $5.00 target price on June 23, 2025. HC Wainwright & Co. increased the price target from $6.00 to $8.00 on June 9, 2025. The average target price is $7.40 with a 23.33% upside from the current price of $6.00. The average brokerage recommendation is 2.1, indicating an "Outperform" status.

Eve Holding, Inc. (NYSE: EVEX) reported its second quarter 2025 earnings on August 6, 2025. The company missed earnings expectations, with reported EPS at $-0.21 compared to expectations of $-0.15 [1]. Despite this, the company highlighted several significant developments and strategic partnerships that could position it for future growth.

Key Developments

1. Paris Air Show Unveiling: Eve Holding unveiled a full-scale mockup of its eVTOL at the Paris Air Show in June, featuring a new propeller configuration and a more aerodynamic wing design.

2. Firm Order and LOIs: The company secured its first firm order from Revo, a helicopter operator in the São Paulo region, for 50 aircraft with a potential contract value of $250 million. Additionally, Eve Holding signed two more letters of intent (LOIs) for a total of 104 eVTOLs during the quarter.

3. Beta Company Partnership: Eve Holding announced a partnership with Beta Company to complement its suppliers list. Beta offers a mature solution for distributed propulsion, enhancing Eve's operational flexibility and optionality.

4. Technical Advancements: The company's full-scale engineering prototype is undergoing final ground tests before initiating flight campaigns. The prototype features a new rotor configuration with 4 blades, designed to reduce vibration and noise.

Analyst Ratings

Analysts have provided mixed ratings for Eve Holding, Inc. stock. BTIG analyst Andrew Madrid rated EVEX as "Neutral" with no target price on August 12, 2025 [2]. Cantor Fitzgerald reaffirmed its "Overweight" rating with a $5.00 target price on June 23, 2025 [3]. HC Wainwright & Co. increased the price target from $6.00 to $8.00 on June 9, 2025 [4]. The average target price is $7.40, indicating a 23.33% upside from the current price of $6.00. The average brokerage recommendation is 2.1, indicating an "Outperform" status.

Conclusion

While Eve Holding, Inc. missed earnings expectations in the second quarter of 2025, the company has made significant strides in its eVTOL development and secured several strategic partnerships. Analysts' ratings suggest a positive outlook, with an average target price indicating potential upside. Investors should closely monitor the company's progress in the coming quarters.

References

[1] https://www.insidermonkey.com/blog/eve-holding-inc-nyseevex-q2-2025-earnings-call-transcript-1586474/
[2] [BTIG Analyst Andrew Madrid's Rating](https://www.btig.com/analysis/eve-holding-inc)
[3] [Cantor Fitzgerald Analyst Report](https://www.cantor.com/analysis/eve-holding-inc)
[4] [HC Wainwright & Co. Analyst Report](https://www.hcwainwright.com/analysis/eve-holding-inc)