Canaccord Genuity Maintains Buy Rating for Eve Holding with $6.75 Target

Canaccord Genuity analyst Austin Moeller maintains a Buy rating on Eve Holding with a price target of $6.75. Eve Holding's shares closed at $4.26. Moeller covers Industrials sector stocks such as BlackSky Technology and Archer Aviation. Cantor Fitzgerald also gave Eve Holding a Buy rating, but BTIG initiated coverage with a Hold rating.

Title: Analysts Adjust Price Targets for Eve Holding; Mixed Ratings from Cantor Fitzgerald and BTIG

July 02, 2025 - Analysts have weighed in on Eve Holding Inc. (NYSE:EVEX) with varying ratings and price targets. Canaccord Genuity analyst Austin Moeller maintains a Buy rating with a price target of $6.75, reflecting the impact of recent dilution from the company's $230 million equity raise [1]. Eve Holding's shares closed at $4.26 on July 2, 2025, down from $4.29 the previous day.

Moeller, who covers Industrials sector stocks such as BlackSky Technology and Archer Aviation, highlighted the company's strategic partnerships with the Brazilian Development Bank and Embraer, which ensure continued test and manufacturing infrastructure in São Paulo. Despite the lower price target, Moeller remains bullish on Eve's long-term prospects, noting the company's improved liquidity position and its ability to execute planned certifications and commercialization of its Eve-100 aircraft [1].

In contrast, Cantor Fitzgerald also provided a Buy rating for Eve Holding, with a price target of $7.00. However, BTIG initiated coverage of Eve Holding with a Hold rating, maintaining a neutral stance on the stock [2]. The mixed ratings reflect differing views on Eve's recent capital raise and its potential impact on the company's valuation.

Meanwhile, Eve Air Mobility has raised $230 million through a registered direct offering of common stock, selling 47,422,680 shares at $4.85 per share to investors, including BNDESPAR and Embraer. This capital raise coincides with Eve's establishment of a dual listing on Brazil's B3 stock exchange [1].

Eve Holding reported a net loss for the second quarter of 2025, with earnings per share coming in at -0.21, missing analyst expectations of -0.164. The earnings result marked a 28.05% negative surprise [1].

For Workday Inc. (NASDAQ:WDAY), Cantor Fitzgerald initiated coverage with an Overweight rating and a price target of $265.00, citing the company's strong management team and competitive position in the enterprise software market. The firm noted that Workday stock is currently trading near its all-time low earnings per share and free cash flow multiples, presenting an attractive entry point for investors [2].

References
[1] https://www.investing.com/news/analyst-ratings/canaccord-genuity-lowers-eve-holding-stock-price-target-on-dilution-impact-93CH-4200554
[2] https://za.investing.com/news/analyst-ratings/cantor-fitzgerald-initiates-workday-stock-coverage-with-overweight-rating-93CH-3842415