Why These 15 Tech Stocks Are up the Most So Far in 2025

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12. Aeva Technologies Inc (NASDAQ:AEVA)

Number of Hedge Fund Holders In Q4 2024: 11

Aeva Technologies Inc (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’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.

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