Cantor Fitzgerald reissued their overweight rating on shares of EVE (NYSE:EVEX – Free Report) in a research report report published on Monday, Benzinga reports. The firm currently has a $5.00 price target on the stock.
EVEX has been the topic of several other reports. HC Wainwright started coverage on EVE in a research note on Tuesday, September 3rd. They issued a buy rating and a $6.00 target price on the stock. Canaccord Genuity Group dropped their price objective on EVE from $9.00 to $8.50 and set a buy rating for the company in a report on Tuesday, July 2nd.
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EVE Price Performance
EVE (NYSE:EVEX – Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The company reported ($0.13) earnings per share for the quarter, meeting the consensus estimate of ($0.13). Analysts forecast that EVE will post -0.49 EPS for the current year.
Institutional Investors Weigh In On EVE
A hedge fund recently raised its stake in EVE stock. Vanguard Group Inc. raised its position in shares of Eve Holding, Inc. (NYSE:EVEX – Free Report) by 7.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 517,707 shares of the company’s stock after acquiring an additional 34,484 shares during the quarter. Vanguard Group Inc. owned approximately 0.19% of EVE worth $2,796,000 at the end of the most recent quarter. 1.27% of the stock is currently owned by institutional investors.
About EVE
Eve Holding, Inc, together with its subsidiaries, develops urban air mobility solutions. It is involved in the design and production of electrical vertical take-off and landing vehicles (eVTOLs); provision of eVTOL service and support capabilities, including material services, maintenance, technical support, training, ground handling, and data services; and development of urban air traffic management systems.
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