Aeva Technologies is trading at $16.42, down 10.22% after Goldman Sachs initiated coverage with a Neutral rating and a $20 price target.
- The initiation on August 24, 2026, pressured shares because the target was well below broader analyst consensus.
- Semiconductor weakness added pressure as chip stocks sold off amid disappointment over Samsung’s shareholder-return plan and caution ahead of Nvidia’s August 26 earnings.