AudioEye (AEYE) Projected to Post Earnings on Tuesday

AudioEye (NASDAQ:AEYE) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $9.71 million for the quarter.

AudioEye Price Performance

Shares of AEYE stock opened at $10.94 on Tuesday. AudioEye has a 1 year low of $8.91 and a 1 year high of $34.85. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.92. The firm’s 50 day moving average is $12.44 and its 200-day moving average is $18.01. The firm has a market capitalization of $135.95 million, a price-to-earnings ratio of -40.52, a PEG ratio of 2.03 and a beta of 1.39.

Insider Activity at AudioEye

In other news, Director James B. Hawkins acquired 13,300 shares of the firm’s stock in a transaction that occurred on Wednesday, March 19th. The stock was purchased at an average price of $15.39 per share, for a total transaction of $204,687.00. Following the completion of the acquisition, the director now owns 114,382 shares in the company, valued at $1,760,338.98. This trade represents a 13.16 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 40.70% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have commented on AEYE shares. HC Wainwright decreased their price objective on AudioEye from $37.00 to $22.00 and set a “buy” rating on the stock in a research report on Thursday, March 13th. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 price target on shares of AudioEye in a report on Wednesday, April 2nd. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $26.10.

About AudioEye

AudioEye, Inc provides patented, internet content publication, distribution software, and related services to Internet and other media to people regardless of their device, location, or disabilities in the United States. Its software and services enable conversion of digital content into accessible formats and allows for real time distribution to end users on any Internet connected device.