We recently compiled a list of the Why These 15 Tech Stocks Are up the Most So Far in 2025. In this article, we are going to take a look at where Aeva Technologies, Inc. Common Stock (NASDAQ:AEVA) stands against the other tech stocks.
Most tech stocks haven’t been doing well so far this year, but this isn’t a problem that all tech stocks face. The technology sector is broad, and there are always some stocks that still do well regardless of the broader market environment.
Many of these companies are leading the way in artificial intelligence, cloud computing, and cybersecurity. Their ability to adapt and launch new solutions has set them apart from the pack. For example, firms that reported robust growth in large customer contracts or unveiled breakthrough AI tools have seen their shares surge, even as industry giants have struggled with market volatility.
It’s worth looking into these winners if you’re looking for opportunities in this market.
Methodology
For this article, I screened the best-performing tech stocks year-to-date.
I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A close-up of a LiDAR-on-chip sensor mounted in a consumer-grade electronic device.
Aeva Technologies, Inc. Common Stock (NASDAQ:AEVA)
Number of Hedge Fund Holders In Q4 2024: 11
Aeva Technologies, Inc. Common Stock (NASDAQ:AEVA) is a leader in next-generation sensing and perception systems that develops 4D LiDAR technology for autonomous vehicles, industrial robotics, and other applications.
The stock is up significantly so far in 2025 after securing a major development program award from a global top 10 passenger OEM for their next-generation production platform planned for multiple vehicle model lines. According to their March 2025 fourth quarter and full year 2024 results announcement, CEO Soroush Salehian said that 2025 would be a year of record revenues with significant growth while reducing spending.
Morgan Stanley boosted investor confidence by raising Aeva Technologies, Inc. Common Stock (NASDAQ:AEVA)’s price target to $5.22 from $4.87 in March 2025. The analyst recognized Aeva’s product execution and highlighted a second major OEM win that showed the company’s potential to become a significant market player. The stock received additional positive attention when Aeva announced in January 2025 its transfer from the NYSE to the Nasdaq Global Select Market effective January 28, 2025.
The consensus price target of $7.14 implies 13.4% upside.
AEVA stock is up 32.53% year-to-date.
Overall AEVA ranks 12th on our list of the tech stocks that are up the most so far in 2025. While we acknowledge the potential of AEVA as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AEVA but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
