Eve (EVEX)


Market Price (10/5/2026): $1.755 | Market Cap: $617.5 MilSector: Industrials | Industry: Aerospace & Defense

Eve (EVEX)


Market Price (10/5/2026): $1.755
Market Cap: $617.5 Mil
Sector: Industrials
Industry: Aerospace & Defense

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Megatrend and thematic drivers
Megatrends include Advanced Aviation & Space. Themes include Advanced Air Mobility.

Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 12.97

Key risks
EVEX key risks include [1] delays in its complex and untested eVTOL aircraft certification process and [2] a high pre-revenue cash burn rate that may necessitate future shareholder dilution.

0 Megatrend and thematic drivers
Megatrends include Advanced Aviation & Space. Themes include Advanced Air Mobility.
1 Meaningful short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 12.97
2 Key risks
EVEX key risks include [1] delays in its complex and untested eVTOL aircraft certification process and [2] a high pre-revenue cash burn rate that may necessitate future shareholder dilution.

EVEX in ETFs

Weight = EVEX's share of each fund

VTI0.00%
IWM0.01%
IWO0.01%
VTWO0.01%
SCHA0.01%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 10/1/2026

Eve (EVEX) stock has lost about 30% since 6/30/2026 because of the following key factors:

1. Deteriorating Analyst Sentiment and Revised Outlook.

EVEX experienced significant downward revisions in analyst sentiment and price targets during this period. On October 4, 2026, Wall Street Zen downgraded EVEX from a "sell" to a "strong sell" rating. While some analysts maintained "Buy" ratings, overall price targets were adjusted downwards, with narratives emerging in August and September 2026 reflecting assumptions of a more gradual production and revenue ramp, causing some analysts to trim price targets by $2 to an average of $5.00 from a previous higher average.

2. Persistent Net Losses and Cash Consumption with Market Readiness Concerns.

Despite beating consensus earnings per share estimates for fiscal Q2 2026 (reported August 4, 2026) with a loss of $0.10 per share against an expected $0.18 loss, the company reported a net loss of $34 million for the quarter. Cash consumption for fiscal Q2 2026 was $49 million, contributing to a total of $118 million for the first six months of the fiscal year. Analysts anticipate a full-year loss of $0.69 per share. Concerns persist regarding the scalability and market readiness of its technology, alongside potential loss of confidence from its strategic partner, Embraer, clouding the overall financial outlook.

Show more
Updated on 10/1/2026

Eve (EVEX) stock has lost about 30% since 6/30/2026 because of the following key factors:

1. Deteriorating Analyst Sentiment and Revised Outlook.

EVEX experienced significant downward revisions in analyst sentiment and price targets during this period. On October 4, 2026, Wall Street Zen downgraded EVEX from a "sell" to a "strong sell" rating. While some analysts maintained "Buy" ratings, overall price targets were adjusted downwards, with narratives emerging in August and September 2026 reflecting assumptions of a more gradual production and revenue ramp, causing some analysts to trim price targets by $2 to an average of $5.00 from a previous higher average.

2. Persistent Net Losses and Cash Consumption with Market Readiness Concerns.

Despite beating consensus earnings per share estimates for fiscal Q2 2026 (reported August 4, 2026) with a loss of $0.10 per share against an expected $0.18 loss, the company reported a net loss of $34 million for the quarter. Cash consumption for fiscal Q2 2026 was $49 million, contributing to a total of $118 million for the first six months of the fiscal year. Analysts anticipate a full-year loss of $0.69 per share. Concerns persist regarding the scalability and market readiness of its technology, alongside potential loss of confidence from its strategic partner, Embraer, clouding the overall financial outlook.

3. Shareholder Dilution Risk.

A new minor risk of shareholder dilution was identified around August 13, 2026, with an increase in shares outstanding of 7.8% over the past year. This factor can negatively impact existing shareholder value and contribute to downward pressure on the stock price.

4. Perceived Delays in eVTOL Certification and Commercialization.

Despite positive updates in July 2026 regarding certification progress for the Eve-100 eVTOL aircraft, including the initiation of a Type Certificate validation process with the European Union Aviation Safety Agency (EASA) and a partial transition flight milestone, subsequent analyst narratives and market reactions suggest ongoing concerns about the timeline for urban air mobility commercialization. These perceived delays contribute to investor uncertainty and a more cautious outlook on the company's path to revenue generation.

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Stock Movement Drivers

Fundamental Drivers

The -30.7% change in EVEX stock from 6/30/2026 to 10/4/2026 was primarily driven by a 0.0% change in the company's Shares Outstanding (Mil).
(LTM values as of)630202610042026Change
Stock Price ($)2.511.74-30.7%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple∞∞0.0%
Shares Outstanding (Mil)3523520.0%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2026 to 10/4/2026
ReturnCorrelation
EVEX-30.7% 
Market (SPY)3.1%58.5%
Sector (XLI)-8.2%42.5%

Fundamental Drivers

The -29.8% change in EVEX stock from 3/31/2026 to 10/4/2026 was primarily driven by a 0.0% change in the company's Shares Outstanding (Mil).
(LTM values as of)331202610042026Change
Stock Price ($)2.481.74-29.8%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple∞∞0.0%
Shares Outstanding (Mil)3523520.0%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 10/4/2026
ReturnCorrelation
EVEX-29.8% 
Market (SPY)18.6%57.9%
Sector (XLI)5.3%39.1%

Fundamental Drivers

The -54.3% change in EVEX stock from 9/30/2025 to 10/4/2026 was primarily driven by a -13.7% change in the company's Shares Outstanding (Mil).
(LTM values as of)930202510042026Change
Stock Price ($)3.811.74-54.3%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple∞∞0.0%
Shares Outstanding (Mil)304352-13.7%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 10/4/2026
ReturnCorrelation
EVEX-54.3% 
Market (SPY)16.5%53.1%
Sector (XLI)11.2%41.5%

Fundamental Drivers

The -79.0% change in EVEX stock from 9/30/2023 to 10/4/2026 was primarily driven by a -21.7% change in the company's Shares Outstanding (Mil).
(LTM values as of)930202310042026Change
Stock Price ($)8.291.74-79.0%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple∞∞0.0%
Shares Outstanding (Mil)276352-21.7%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2023 to 10/4/2026
ReturnCorrelation
EVEX-79.0% 
Market (SPY)86.2%41.2%
Sector (XLI)74.3%38.9%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
EVEX Return--17%2%-26%-27%-51%-78%
Peers Return-38%-62%163%41%20%-44%-41%
S&P 500 Return27%-19%24%23%16%12%104%

Monthly Win Rates [3]
EVEX Win Rate-50%50%25%42%22% 
Peers Win Rate38%33%58%42%50%28% 
S&P 500 Win Rate75%42%67%75%67%44% 

Max Drawdowns [4]
EVEX Max Drawdown---37%-67%-52%-58% 
Peers Max Drawdown-64%-66%-47%-44%-49%-57% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: JOBY, ACHR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/2/2026 (YTD)

How Low Can It Go

EventEVEXS&P 500
2025 US Tariff Shock
  % Loss-32.5%-18.8%
  % Gain to Breakeven48.1%23.1%
  Time to Breakeven59 days79 days
2024 Yen Carry Trade Unwind
  % Loss-27.3%-7.8%
  % Gain to Breakeven37.5%8.5%
  Time to Breakeven51 days18 days
2023 SVB Regional Banking Crisis
  % Loss-13.3%-6.7%
  % Gain to Breakeven15.4%7.1%
  Time to Breakeven3 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-37.1%-24.5%
  % Gain to Breakeven58.9%32.4%
  Time to Breakeven29 days427 days

Compare to JOBY, ACHR

In The Past

Eve's stock fell -32.5% during the 2025 US Tariff Shock. Such a loss loss requires a 48.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventEVEXS&P 500
2025 US Tariff Shock
  % Loss-32.5%-18.8%
  % Gain to Breakeven48.1%23.1%
  Time to Breakeven59 days79 days
2024 Yen Carry Trade Unwind
  % Loss-27.3%-7.8%
  % Gain to Breakeven37.5%8.5%
  Time to Breakeven51 days18 days
2022 Inflation Shock & Fed Tightening
  % Loss-37.1%-24.5%
  % Gain to Breakeven58.9%32.4%
  Time to Breakeven29 days427 days

Compare to JOBY, ACHR

In The Past

Eve's stock fell -32.5% during the 2025 US Tariff Shock. Such a loss loss requires a 48.1% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Eve (EVEX)

Eve Holding, Inc. (EVEX) is a company dedicated to developing comprehensive solutions for urban air mobility (UAM). Its core mission involves creating the necessary technology and infrastructure to enable efficient and sustainable air transportation within metropolitan areas, specifically utilizing electric vertical take-off and landing (eVTOL) aircraft.

The company's main products and services center around these advanced aircraft. Eve is involved in the design and production of eVTOLs, which are essentially electric air taxis intended for intra-city travel. Beyond manufacturing, the company provides extensive service and support capabilities for these eVTOLs, including material services, maintenance, technical support, training for pilots and ground crews, ground handling, and data services, ensuring operational readiness and safety.

Furthermore, Eve is developing sophisticated urban air traffic management (UATM) systems, which are crucial for safely integrating and coordinating eVTOL operations in complex urban airspace. The company primarily serves the burgeoning urban air mobility market, with its solutions aimed at future eVTOL operators, service providers, and potentially cities and municipalities seeking to implement next-generation air transportation networks.

AI Analysis | Feedback

Here are 1-3 brief analogies for Eve (EVEX):

  • The Tesla for flying taxis.
  • The Boeing of future urban air travel.

AI Analysis | Feedback

  • eVTOLs: Eve designs and produces electric Vertical Take-off and Landing aircraft for urban air mobility.
  • eVTOL Service and Support Capabilities: The company offers a suite of services including material supply, maintenance, technical support, training, ground handling, and data services for eVTOL aircraft.
  • Urban Air Traffic Management Systems: Eve develops advanced systems for managing air traffic within urban environments.

AI Analysis | Feedback

Eve Holding, Inc. (EVEX) primarily sells its urban air mobility solutions, including eVTOLs and related services, to other companies rather than individuals. Its major customers are typically airlines and air mobility service providers who intend to operate eVTOL fleets.

Major customer companies include:

  • United Airlines Holdings, Inc. (Symbol: UAL)
  • Blade Air Mobility, Inc. (Symbol: BLDE)
  • SkyWest, Inc. (Symbol: SKYW)
  • Republic Airways (a privately held airline)

AI Analysis | Feedback

  • Safran (SAF.PA)
  • Honeywell (HON)
  • Continental (CON.DE)
  • Garmin (GRMN)
  • Nidec Aerospace (Nidec: 6594.T)
  • Liebherr-Aerospace
  • BAE Systems (BA.L)
  • Thales (HO.PA)

AI Analysis | Feedback

Johann Christian Jean Charles Bordais, Chief Executive Officer

  • Appointed CEO of Eve Air Mobility effective September 1, 2023.
  • Previously led Embraer's Services & Support business since its foundation in 2016, transforming it into Embraer's fastest-growing and most profitable business unit.
  • Responsible for globalizing solutions, ensuring customer satisfaction through innovation, and providing a broad portfolio of solutions to customers in Commercial Aviation, Executive Jets, and Defense.
  • Served as president of the board of directors for OGMA in Portugal from 2018 to August 2023, a company providing maintenance, repair, and overhaul (MRO) services for civil and military airplanes and engines.
  • Prior to Embraer, he worked at Raytheon/Beechcraft's Authorized MRO facility in Paris and an aircraft engine spare parts company in Dallas, TX.
  • Began his aviation career in a family business selling spare parts for engines.
  • Grew the Embraer Services & Support business from $30 million in spare parts sales to a $1.4 billion business unit during his tenure.

Eduardo Couto, Chief Financial Officer

  • Has been at Embraer for seven years, leading key finance areas globally including Treasury, Insurance, Cash Management, Investor Relations, Mergers & Acquisitions (M&A), and Sales Finance.
  • Prior to Embraer, he worked as a research analyst at Morgan Stanley and Goldman Sachs for over seven years, covering Latin American Transportation and Infrastructure companies.
  • Served as a Portfolio Manager at Santander Asset Management for four years.
  • Holds a Bachelor of Science degree in Electronic Engineering from the Aeronautical Institute of Technology (ITA) and is a Chartered Financial Analyst (CFA).

Megha Bhatia, Chief Commercial Officer

  • Leads global sales, market intelligence, and government relations at Eve.
  • Previously served as Chief Marketing Officer & Chief Strategy Officer of Jet Support Services, Inc. (JSSI).
  • Prior to that, she was Vice President of Sales & Marketing at Rolls-Royce Business Aviation, where she oversaw the significant growth of their aftermarket maintenance program, CorporateCare Enhanced.
  • Spent ten years specializing in sales, customer experience, and strategy at Rolls-Royce.

Alice Altíssimo, VP Program Management & Operation

  • An experienced leader and manager of complex aeronautical programs and projects with over 20 years in the aviation industry.
  • Contributed to the development of the Embraer Phenom 100 and Phenom 300 executive jets.
  • Led the development of the E195-E2 aircraft and the E2 jets, managing them from the business plan stage through to delivery to the first customer.
  • Implemented and led the Commercial Aviation Program Management Office at Embraer.

Antonio Carmesini, VP Industrialization

  • Joined Eve Air Mobility in February 2023.
  • Brings over 27 years of experience in the aviation industry.
  • Previously served as Chairman and General Director of Embraer Portugal.
  • Spent eight years as the Director of Manufacturing Engineering at Embraer.
  • Recognized as a strategic leader with diverse experience overseeing production operations and driving innovation to increase efficiency and product quality.
  • Holds a B.A. degree in Naval Engineering from Escola Politecnica from São Paulo University.

AI Analysis | Feedback

The key risks to Eve Holding, Inc. (EVEX) are primarily associated with the nascent and highly regulated urban air mobility industry in which it operates. These risks are:

  1. Regulatory Hurdles and Certification Delays: The certification process for eVTOL aircraft is complex, untested, and presents potential delays and unforeseen obstacles. Eve's target for type certification by 2027 is ambitious, and any setbacks could allow competitors to gain an advantage, postpone revenue generation, and potentially strain financial resources, necessitating additional funding rounds. The FAA's categorization of winged eVTOLs as "powered lift" aircraft, which lack existing civil aviation regulations for certification, further complicates the process.
  2. Funding Requirements and Shareholder Dilution: As a pre-revenue company, Eve faces ongoing financial challenges due to the capital-intensive nature of aircraft development and certification. The company has a significant cash burn rate and may need to raise additional capital in the future, which could lead to dilution for existing shareholders. While Eve currently maintains a solid liquidity position, the potential for development costs to exceed estimates or for certification to take longer than anticipated could necessitate securing additional funding sooner or in larger amounts.
  3. Market Adoption and Competition: The urban air mobility (UAM) market is still nascent, and the pace of adoption remains uncertain. The eVTOL market is attracting numerous entrants, intensifying competition for market share and investment. There is also an inherent risk associated with disruptive technologies, where many eVTOL designs may not successfully enter the market or achieve sustained success. Public acceptance and safety concerns related to operating these new aircraft in urban environments are also significant challenges.

AI Analysis | Feedback

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AI Analysis | Feedback

Eve Holding, Inc. (symbol: EVEX) operates within the global Urban Air Mobility (UAM) and eVTOL aircraft markets. The addressable markets for their main products and services, which include the design and production of eVTOLs, provision of eVTOL service and support capabilities, and the development of urban air traffic management systems, are substantial and are projected to grow significantly. Here are the market sizes for Eve's main products and services: * Global Urban Air Mobility Market: * The global urban air mobility market was valued at approximately USD 4.80 billion in 2024 and is projected to reach USD 45.60 billion by 2032, with a Compound Annual Growth Rate (CAGR) of 32.50% from 2025 to 2032. * Another estimate valued the global urban air mobility market at USD 4.54 billion in 2024, forecasting an increase to USD 97.4 billion by 2033, demonstrating a CAGR of 36.70% from 2025 to 2033. * The market was also estimated at USD 3.58 billion in 2023 and is expected to reach USD 29.19 billion by 2030, growing at a CAGR of 34.2% from 2024 to 2030. * The Urban Air Mobility Market is estimated to be USD 4.6 billion in 2024 and is projected to reach USD 23.5 billion by 2030, at a CAGR of 31.2% between 2024 and 2030, further reaching USD 41.5 billion by 2035. * Eve's own Global Market Outlook highlights a potential for $280 billion in passenger revenue and an in-service vehicle fleet of 30,000 eVTOLs by 2045 globally. * Global eVTOL Aircraft Market: * The global eVTOL aircraft market was valued at USD 13.9 billion in 2024 and is anticipated to reach USD 37 billion by 2033, with a CAGR of 11.4% from 2025-2033. * It was also estimated at USD 1.35 billion in 2023 and is projected to reach USD 28.6 billion by 2030, exhibiting a CAGR of 54.9% from 2024 to 2030. * Another report indicates the eVTOL aircraft market is expected to grow from USD 1.19 billion in 2025 to USD 5.47 billion by 2031 at a 28.94% CAGR over 2026-2031. * The global eVTOL aircraft market is expected to grow from USD 3.19 billion in 2031 to USD 5.08 billion by 2035, with a CAGR of 12.3%.

AI Analysis | Feedback

Eve Holding, Inc. (EVEX) anticipates several key drivers for future revenue growth over the next 2-3 years, primarily stemming from the commercialization of its urban air mobility (UAM) solutions.

  1. eVTOL Aircraft Sales and Deliveries: The most significant driver of future revenue growth will be the eventual production and delivery of Eve's electric Vertical Take-Off and Landing (eVTOL) aircraft. The company plans to market its eVTOLs globally to operators of UAM services. Eve has a substantial non-binding pre-order backlog of approximately 2,800 aircraft, valued at nearly $14 billion, indicating strong market interest. Initial deliveries are projected to begin in the fourth quarter of 2027, with a binding agreement already in place with Revo in São Paulo for up to 50 eVTOL aircraft and associated services. Analysts anticipate that revenue will initially reach $10 million by 2027.

  2. Growth in Aftermarket Services (TechCare): Beyond aircraft sales, Eve expects substantial revenue from its comprehensive suite of service and support capabilities, branded as "TechCare." This includes material services, maintenance, technical support, training, ground handling, and data services. The company has already secured contracts with 14 different customers for its TechCare suite, with a potential to generate $1.6 billion in revenues, and 40% of its preorder book has opted for these services.

  3. Urban Air Traffic Management (UATM) Solutions: Eve is developing next-generation UATM software named Vector, designed to enable eVTOLs to operate safely and efficiently within dense urban airspace alongside conventional aircraft and drones. As the UAM ecosystem develops and eVTOL operations scale, the deployment and ongoing management of these advanced air traffic management systems are expected to become a revenue stream by facilitating the complex operational environment of urban air mobility.

  4. Expansion into New Geographic Markets and Strategic Partnerships: Eve is actively pursuing market development initiatives and strategic partnerships to expand its global footprint. Collaborations, such as those in Australia to co-develop integrated operational plans, vertiport infrastructure, and route planning for future commercial eVTOL services, highlight efforts to enter new regions. The binding agreement with Revo also signifies the company's expansion into key urban markets like São Paulo, which is considered a dynamic market for aerial mobility.

AI Analysis | Feedback

Share Repurchases

Eve Holding, Inc. has not reported any significant share repurchases over the last 3-5 years.

Share Issuance

  • As of March 8, 2024, Eve Holding, Inc. had 269,365,708 shares of common stock issued and outstanding.
  • By March 2026, the company's shares outstanding increased to approximately 348.30 million, indicating share issuance over this period.
  • Shareholders have experienced dilution over the past year.

Inbound Investments

  • Eve raised $230 million in new funding, which increased its cash position to $412 million and extended its cash runway to 2.5 years, as reported in Q3 2025.
  • In January 2026, Eve Air Mobility secured $150 million in financing, including a syndicated credit facility, to accelerate its eVTOL development.
  • Upon its NYSE listing in May 2022, Embraer Aircraft Holding (EAH) contributed its interests in Eve in exchange for 220,000,000 shares of common stock in Eve Holding, Inc.

Capital Expenditures

  • Eve invested $45 million in program development during the third quarter of 2025.
  • The company's cash consumption was approximately $60 million in Q3 2025, with projected full-year 2025 cash burn expected to be at the lower end of the $200-$250 million guidance.
  • Capital expenditures in the most recent quarter totaled -$6.73 million.

Peer Outperformance in Aerospace & Defense

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Share of Aerospace & Defense constituents that EVEX has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
13%
of 70 industry peers · -62.1% return
3Y
13%
of 60 industry peers · -78.4% return
5Y
—
insufficient peer history
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Median price return by industry across the Industrials sector, ranked by 5Y. Aerospace & Defense is EVEX's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Construction & Engineering 31 9.9%133.1%195.8% CDNL 2264% · STRL 2206% · FIX 2205%
Marine Transportation 5 88.0%70.6%178.4% HOS 39847% · MATX 195% · KEX 178%
Construction Machinery & Heavy Transportation Equipment 13 3.5%54.9%103.6% CAT 379% · ALSN 253% · WAB 231%
Aerospace & Defense ← 54 -12.8%64.8%71.1% ATI 1031% · FTAI 826% · HWM 631%
Trading Companies & Distributors 19 5.0%37.3%52.1% DXPE 518% · AIT 284% · WCC 224%
Industrial Machinery & Supplies & Components 72 14.5%52.3%50.2% CRS 1129% · PSIX 1065% · EROC 627%
Rail Transportation 7 20.0%62.7%48.3% FSTR 138% · RAIL 64% · CSX 61%
Cargo Ground Transportation 16 37.3%5.9%34.2% XPO 287% · R 220% · CVLG 155%
Electrical Components & Equipment 39 7.3%67.1%31.8% POWL 2405% · BE 1469% · VRT 996%
Diversified Support Services 33 9.3%33.6%30.2% LIME 3065% · TH 369% · CXW 274%
Building Products 33 -14.9%3.0%17.7% LMB 624% · GFF 356% · PPIH 269%
Industrial Conglomerates 17 9.6%6.0%-0.5% RCMT 614% · CSW 133% · CSL 73%
Agricultural & Farm Machinery 17 11.6%4.0%-4.5% BLBD 175% · DE 117% · GENC 59%
Environmental & Facilities Services 30 -18.6%21.1%-8.2% CECO 924% · ADUR 438% · NVRI 314%
Passenger Ground Transportation 3 -29.5%50.8%-9.1% UBER 49% · CAR -9% · LYFT -71%
Research & Consulting Services 13 -12.4%-28.6%-15.8% HURN 221% · CRAI 72% · GRNQ 37%
Security & Alarm Services 9 -38.7%37.8%-20.5% CIX 156% · MG 110% · NL 70%
Office Services & Supplies 9 13.5%18.9%-28.5% PBI 181% · TILE 123% · HNI 47%
Data Processing & Outsourced Services 6 -36.4%-16.5%-28.6% EXLS 43% · BR 4% · G -25%
Passenger Airlines 11 13.1%21.1%-35.8% LTM 2944% · UAL 121% · DAL 95%
Air Freight & Logistics 12 -32.1%-21.8%-37.2% CHRW 103% · FDX 79% · EXPD 77%
Human Resource & Employment Services 22 1.7%-17.6%-40.0% BBSI 63% · ADP 41% · HQI 4%
Airport Services 3 -76.8%-78.7%-71.2% JOBY -35% · ASLE -71% · UP -100%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

EVEXJOBYACHRMedian
NameEve Joby Avi.Archer A. 
Mkt Price1.755.954.894.89
Mkt Cap0.65.83.83.8
Rev LTM011677
Op Inc LTM-222-883-943-883
FCF LTM-211-743-681-681
FCF 3Y Avg-160-548-513-513
CFO LTM-195-610-540-540
CFO 3Y Avg-153-476-419-419

Growth & Margins

EVEXJOBYACHRMedian
NameEve Joby Avi.Archer A. 
Rev Chg LTM-118,568.4%-118,568.4%
Rev Chg 3Y Avg----
Rev Chg Q-257,493.3%-257,493.3%
QoQ Delta Rev Chg LTM-49.7%263.2%156.4%
Op Inc Chg LTM-18.8%-38.4%-66.5%-38.4%
Op Inc Chg 3Y Avg-29.1%-29.0%-29.6%-29.1%
Op Mgn LTM--759.2%-13,666.7%-7,212.9%
Op Mgn 3Y Avg--233,956.4%--233,956.4%
QoQ Delta Op Mgn LTM-257.8%30,538.6%15,398.2%
CFO/Rev LTM--524.5%-7,831.9%-4,178.2%
CFO/Rev 3Y Avg--164,003.8%--164,003.8%
FCF/Rev LTM--639.2%-9,869.6%-5,254.4%
FCF/Rev 3Y Avg--182,830.8%--182,830.8%

Valuation

EVEXJOBYACHRMedian
NameEve Joby Avi.Archer A. 
Mkt Cap0.65.83.83.8
P/S-49.6554.0301.8
P/Op Inc-2.8-6.5-4.1-4.1
P/EBIT-3.1-6.5-4.1-4.1
P/E-2.9-6.6-4.8-4.8
P/CFO-3.2-9.5-7.1-7.1
Total Yield-34.9%-15.2%-20.9%-20.9%
Dividend Yield0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-13.9%-8.6%-21.3%-13.9%
D/E0.50.10.00.1
Net D/E-0.1-0.3-0.4-0.3

Returns

EVEXJOBYACHRMedian
NameEve Joby Avi.Archer A. 
1M Rtn-20.9%-11.7%-14.4%-14.4%
3M Rtn-32.5%-29.9%-1.8%-29.9%
6M Rtn-33.5%-30.0%-9.8%-30.0%
12M Rtn-61.8%-67.4%-57.7%-61.8%
3Y Rtn-78.3%-6.6%-0.4%-6.6%
1M Excs Rtn-21.3%-13.5%-14.2%-14.2%
3M Excs Rtn-39.1%-35.8%-11.4%-35.8%
6M Excs Rtn-51.0%-47.3%-27.1%-47.3%
12M Excs Rtn-70.0%-78.4%-65.2%-70.0%
3Y Excs Rtn-160.1%-88.7%-81.1%-88.7%

Comparison Analyses

null

Financials

Segment Financials

Operating Income by Segment
$ Mil20222021
Service and Operations Solutions-2 
Urban Air Traffic Management (UATM)-7-2
Electric Vertical Takeoff and Landing aircrafts (eVTOL)-43-11
Selling, general and administrative expenses-138-5
Total-189-18


Assets by Segment
$ Mil20252024
Electric Vertical Takeoff and Landing aircrafts (eVTOL), Service and Operations Solutions, Urban Air435318
Total435318


Price Behavior

Price Behavior
Market Price$1.74 
Market Cap ($ Bil)0.6 
First Trading Date05/10/2022 
Distance from 52W High-65.6% 
   50 Days200 Days
DMA Price$2.33$2.97
DMA Trenddowndown
Distance from DMA-25.4%-41.4%
 3M1YR
Volatility73.6%66.5%
Downside Capture498.30369.45
Upside Capture209.85196.10
Correlation (SPY)59.7%53.8%
EVEX Betas & Captures as of 9/30/2026

 1M2M3M6M1Y3Y
Beta3.144.754.113.432.811.84
Up Beta0.946.925.124.212.641.57
Down Beta6.384.635.223.332.761.62
Up Capture240%362%327%323%409%478%
Bmk +ve Days6162766132424
Stock +ve Days10182553102328
Down Capture426%458%357%279%182%113%
Bmk -ve Days16263760120328
Stock -ve Days11233767139398

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EVEX
EVEX-55.3%68.2%-0.90-
Sector ETF (XLI)11.5%17.3%0.4641.6%
Equity (SPY)16.2%13.0%0.8853.1%
Gold (GLD)6.8%29.6%0.2225.3%
Commodities (DBC)44.9%20.8%1.67-17.3%
Real Estate (VNQ)1.5%13.6%-0.155.3%
Bitcoin (BTCUSD)-28.9%44.3%-0.6439.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EVEX
EVEX-27.6%74.7%-0.17-
Sector ETF (XLI)12.6%17.6%0.5526.8%
Equity (SPY)13.1%17.2%0.5827.0%
Gold (GLD)18.4%18.9%0.798.4%
Commodities (DBC)10.3%19.6%0.41-3.1%
Real Estate (VNQ)0.7%18.8%-0.0713.4%
Bitcoin (BTCUSD)14.6%52.2%0.4514.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EVEX
EVEX-14.9%74.7%-0.17-
Sector ETF (XLI)13.2%20.0%0.5826.8%
Equity (SPY)15.3%17.9%0.7227.0%
Gold (GLD)11.5%16.4%0.578.4%
Commodities (DBC)8.2%18.1%0.37-3.1%
Real Estate (VNQ)4.2%20.7%0.1613.4%
Bitcoin (BTCUSD)64.1%66.2%1.0414.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date9152026
Short Interest: Shares Quantity12.2 Mil
Short Interest: % Change Since 83120268.0%
Average Daily Volume0.9 Mil
Days-to-Cover Short Interest13.0 days
Basic Shares Quantity351.9 Mil
Short % of Basic Shares3.5%

Earnings Returns History

Updated 9/4/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/4/202619.2%18.3%-8.3%
5/5/2026-5.6%9.5%10.2%
3/16/2026-7.9%-10.8%-0.7%
11/4/2025-3.6%1.9%22.0%
8/6/2025-10.6%-11.6%-43.0%
5/12/2025-0.8%19.8%41.2%
3/11/20251.9%-13.2%-11.8%
11/4/2024-4.2%4.6%41.1%
...
SUMMARY STATS   
# Positive887
# Negative9910
Median Positive1.6%5.9%22.0%
Median Negative-4.2%-5.6%-9.6%
Max Positive19.2%19.8%41.2%
Max Negative-10.6%-13.2%-43.0%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/4/202619.2%18.3%-8.3%
5/5/2026-5.6%9.5%10.2%
3/16/2026-7.9%-10.8%-0.7%
11/4/2025-3.6%1.9%22.0%
8/6/2025-10.6%-11.6%-43.0%
5/12/2025-0.8%19.8%41.2%
3/11/20251.9%-13.2%-11.8%
11/4/2024-4.2%4.6%41.1%
8/6/20241.1%-5.6%0.4%
5/7/20241.3%-3.6%-17.1%
3/8/20245.0%0.2%10.6%
11/7/2023-1.7%-6.7%-6.9%
8/8/2023-0.7%-2.4%-5.9%
5/9/20230.8%4.0%-0.4%
3/16/20235.7%7.1%26.3%
12/23/20220.9%-3.0%-10.9%
8/4/2022-6.2%-5.1%-15.9%
SUMMARY STATS   
# Positive887
# Negative9910
Median Positive1.6%5.9%22.0%
Median Negative-4.2%-5.6%-9.6%
Max Positive19.2%19.8%41.2%
Max Negative-10.6%-13.2%-43.0%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/04/202610-Q
03/31/202605/05/202610-Q
12/31/202503/16/202610-K
09/30/202511/04/202510-Q
06/30/202508/06/202510-Q
03/31/202505/12/202510-Q
12/31/202403/11/202510-K
09/30/202411/04/202410-Q
06/30/202408/06/202410-Q
03/31/202405/07/202410-Q
12/31/202303/08/202410-K
09/30/202311/07/202310-Q
06/30/202308/08/202310-Q
03/31/202305/09/202310-Q
12/31/202203/23/202310-K
09/30/202212/23/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/04/202610-Q
03/31/202605/05/202610-Q
12/31/202503/16/202610-K
09/30/202511/04/202510-Q
06/30/202508/06/202510-Q
03/31/202505/12/202510-Q
12/31/202403/11/202510-K
09/30/202411/04/202410-Q
06/30/202408/06/202410-Q
03/31/202405/07/202410-Q
12/31/202303/08/202410-K
09/30/202311/07/202310-Q
06/30/202308/08/202310-Q
03/31/202305/09/202310-Q
12/31/202203/23/202310-K
09/30/202212/23/202210-Q
06/30/202208/04/202210-Q
12/31/202104/13/2022DEFM14A
06/30/202112/08/202210-Q/A

Recent Forward Guidance

Updated 10/4/2026

Latest: Q2 2026 Earnings Reported 8/4/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Cash ConsumptionReported-275.00 Mil-250.00 Mil-225.00 Mil0.0% AffirmedGuidance: -250.00 Mil for 2026


Prior: Q1 2026 Earnings Reported 5/5/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Total Cash ConsumptionReported-275.00 Mil-250.00 Mil-225.00 Mil0 AffirmedGuidance: -250.00 Mil for 2026

Q4 2025 Earnings Reported 3/16/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Total Cash ConsumptionReported-275.00 Mil-250.00 Mil-225.00 Mil11.1% Lower NewGuidance: -225.00 Mil for 2025

Q3 2025 Earnings Reported 11/4/2025

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2025 Total Cash ConsumptionReported-250.00 Mil-225.00 Mil-200.00 Mil0 AffirmedGuidance: -225.00 Mil for 2025
Core Cache Last Updated: 10/4/2026