Eve Holding: Too Early To Play Impressive Backlog
- Eve announces another non-binding order to add to an existing strong order book.
- The eVTOL manufacturer doesn't forecast obtaining certification until 2026 with production of up to 75 aircraft that year.
- The stock isn't appealing after surging back above $10 while competitors trade at major discounts to SPAC prices.
The SPAC market has been so beaten up that it's rare to see a de-SPAC deal trading above $10. Eve Holding () is one such stock in the urban air mobility sector with a promising backlog of eVTOL
Disclosure: No position mentioned. Please review the disclaimer page for more details.