On March 1, 2023, JP Morgan initiated coverage of Eve Holding with a Overweight recommendation.
Analyst Price Forecast Suggests 119.51% Upside
As of March 1, 2023, the average one-year price target for Eve Holding is $11.98. The forecasts range from a low of $10.10 to a high of $14.18. The average price target represents an increase of 119.51% from its latest reported closing price of $5.46.
The projected annual revenue for Eve Holding is $1MM. The projected annual EPS is -$0.34.
What are large shareholders doing?
Simplex Trading holds 49K shares representing 0.02% ownership of the company. In it's prior filing, the firm reported owning 64K shares, representing a decrease of 30.75%. The firm decreased its portfolio allocation in EVEX by 75.69% over the last quarter.
Wellspring Financial Advisors holds 25K shares representing 0.01% ownership of the company.
Millennium Management holds 22K shares representing 0.01% ownership of the company. In it's prior filing, the firm reported owning 16K shares, representing an increase of 25.72%. The firm decreased its portfolio allocation in EVEX by 2.02% over the last quarter.
UBS Group holds 14K shares representing 0.01% ownership of the company. In it's prior filing, the firm reported owning 1K shares, representing an increase of 94.92%. The firm increased its portfolio allocation in EVEX by 1,152.49% over the last quarter.
USMIX - Extended Market Index Fund holds 2K shares representing 0.00% ownership of the company. No change in the last quarter.
What is the Fund Sentiment?
There are 21 funds or institutions reporting positions in Eve Holding. This is a decrease of 2 owner(s) or 8.70% in the last quarter. Average portfolio weight of all funds dedicated to EVEX is 0.00%, a decrease of 48.58%. Total shares owned by institutions decreased in the last three months by 37.66% to 118K shares. The put/call ratio of EVEX is 0.17, indicating a bullish outlook.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
