Jan. 7 at 4:13 PM
$AEVA Fully agree. Nice article. I am even slightly more bearish, though. "Consensus revenue estimates for AEVA continue to slump, and the Nvidia partnership does not materially alter the near-term outlook." I think it objectively doesn't alter the outlook at all; it's not an exclusive agreement, its hardly an agreement/partnership at all. It was free (nice to have) PR to be mentioned by the big boi, but as you already pointed out, others like
$HSAI have the same “partnership”, and
$NVDA obviously has an incentive to communicate this as an OPEN platform (and already did so quite clearly).
I think the 20% yesterday was a massive overreaction. I agree with you that it's potentially tradable and that you want to avoid holding the bags here if you try it, though.
