Cantor Fitzgerald Issues Pessimistic Forecast for EVE (NYSE:EVEX) Stock Price

EVE (NYSE:EVEX) had its price objective cut by stock analysts at Cantor Fitzgerald from $7.00 to $6.00 in a report released on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Cantor Fitzgerald’s price target suggests a potential upside of 144.40% from the company’s current price.

EVEX has been the topic of several other research reports. The Goldman Sachs Group initiated coverage on EVE in a report on Monday, December 1st. They issued a “neutral” rating and a $4.84 price target on the stock. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $7.50 target price on shares of EVE in a research report on Wednesday. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, EVE presently has a consensus rating of “Hold” and a consensus target price of $6.67.

EVE Price Performance

EVEX opened at $2.46 on Wednesday. The company has a quick ratio of 5.21, a current ratio of 3.29 and a debt-to-equity ratio of 1.49. The company’s 50-day moving average price is $3.48 and its 200 day moving average price is $3.99. EVE has a fifty-two week low of $2.38 and a fifty-two week high of $7.70. The firm has a market cap of $855.08 million, a price-to-earnings ratio of -3.56 and a beta of 0.88.

EVE (NYSE:EVEX) last issued its earnings results on Monday, March 16th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.04). As a group, sell-side analysts expect that EVE will post -0.5 earnings per share for the current year.

Hedge Funds Weigh In On EVE

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Invesco Ltd. increased its position in shares of EVE by 47.0% during the 4th quarter. Invesco Ltd. now owns 20,038 shares of the company’s stock valued at $80,000 after purchasing an additional 6,403 shares during the period. Tudor Investment Corp ET AL acquired a new stake in shares of EVE in the fourth quarter valued at $192,000. Susquehanna Fundamental Investments LLC bought a new position in EVE during the fourth quarter valued at about $68,000. Numerai GP LLC boosted its stake in EVE by 28.7% during the fourth quarter. Numerai GP LLC now owns 89,168 shares of the company’s stock valued at $356,000 after buying an additional 19,898 shares in the last quarter. Finally, Aureus Asset Management LLC grew its holdings in EVE by 517.9% during the fourth quarter. Aureus Asset Management LLC now owns 120,500 shares of the company’s stock worth $481,000 after acquiring an additional 101,000 shares during the period. 1.27% of the stock is owned by institutional investors.

Key Stories Impacting EVE

Here are the key news stories impacting EVE this week:

• Positive Sentiment: Company reached its first eVTOL flight milestone and reported strong pro‑forma liquidity (~$641M, ~2.5 years of projected burn), supporting runway for certification and development — a longer‑term positive for delivery prospects. Seeking Alpha: First Flight Achieved
• Positive Sentiment: Canaccord Genuity reiterated a “buy” rating with a $7.50 price target, signaling continued analyst conviction about upside versus current levels. Benzinga: Canaccord Rating
• Neutral Sentiment: Cantor Fitzgerald trimmed its price target from $7.00 to $6.00 but kept an “overweight” stance — reducing implied upside but maintaining a constructive view. Benzinga: Cantor PT Cut
• Negative Sentiment: Q4 2025 results and call highlights showed a miss on EPS (reported loss wider than consensus) and raised concerns about near‑term profitability, which prompted downward pressure on the shares. Yahoo Finance: Q4 2025 Earnings Call Highlights
• Negative Sentiment: Shares gapped down following the disappointing earnings release, reflecting immediate market reaction to the miss and near‑term execution risk. American Banking News: Shares Gap Down
• Negative Sentiment: HC Wainwright issued near‑term quarterly EPS estimates that imply continued losses through 2026 and trimmed a long‑term FY2030 EPS view — reinforcing concerns about multi‑year path to sustained profitability. MarketBeat: HC Wainwright Estimates

EVE Company Profile

Eve Holding, Inc (NYSE: EVEX) is the publicly traded parent of Eve Air Mobility, a company dedicated to developing sustainable urban air mobility solutions. Through its engineering and design capabilities, Eve focuses on creating electric vertical takeoff and landing (eVTOL) aircraft tailored for short-haul passenger and cargo transport in densely populated areas.

The company’s flagship offering is an eVTOL aircraft designed to deliver clean, quiet and efficient point-to-point service, backed by an integrated digital platform for air traffic management.