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Aeva Technologies (AEVA) Launches a New High-performance 4D LiDAR Sensor, Morgan Stanley Remains a Hold

Fri, Sep 5, 2025, 10:06 AM 2 min read

Aeva Technologies, Inc. (NASDAQ:AEVA) is one of the Best Small Cap Tech Stocks To Buy Right Now. On August 12, Aeva Technologies, Inc. (NASDAQ:AEVA) launched a new high-performance 4D LiDAR sensor designed for smart infrastructure and security, called the Atlas Orion. The sensor is built to meet tough outdoor standards and provides long-range detection and durability.

Management noted that it is a single-box design that uses Power over Ethernet and simplifies installation and cuts costs. The sensor can detect vehicles up to 500 meters and vulnerable road users like pedestrians up to 200 meters. It also covers a wide 120-degree field of view with fine resolution, allowing full intersection coverage with only two sensors.

After the press release on August 18, Joseph Moore from Morgan Stanley reiterated a Hold rating on Aeva Technologies, Inc. (NASDAQ:AEVA) with a price target of $19. The analyst acknowledged the progress of the company with its competitive LiDAR technology, especially its unique Frequency Modulated Continuous Wave platform. He noted that the company is nearing a commercial inflection point, supported by significant investments in R&D and integration of software and hardware components.

However, despite this, the analyst maintained a cautious rating due to the competitive pressures in the market, particularly from low-cost Chinese competitors. Moore noted that this competition has the potential to bring the prices down, thereby impacting the company’s pricing power and profitability.

Aeva Technologies, Inc. (NASDAQ:AEVA) designs and manufactures advanced LiDAR sensing systems and perception software. Its technology uses frequency-modulated continuous waves to measure both velocity and distance simultaneously.

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