Eve Holding Inc

EVEX remains in a confirmed Stage 4 decline, having broken decisively below key support with no sign of lower‐low exhaustion. Downward momentum is reinforced by falling EMAs and elevated distribution volume. The medium‐term tradable side is bearish, and short‐term weakness below structure justifies immediate selling into any relief attempts.

• ↑Q1 cash position $441M, total liquidity $578M supports ops to 2028
• ↑Pre-order backlog ~2,700 eVTOLs worth $13.5B ensures revenue visibility
• ↓Q1 net loss $69M; cash burn guidance $225–275M in 2026