AudioEye (AEYE) to Release Earnings on Tuesday

AudioEye (NASDAQ:AEYE - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Tuesday, April 29th. Analysts expect AudioEye to post earnings of $0.15 per share and revenue of $9.71 million for the quarter.

AudioEye Stock Performance

Shares of AEYE stock traded up $0.29 during mid-day trading on Friday, hitting $12.22. 69,306 shares of the stock were exchanged, compared to its average volume of 217,503. The stock's fifty day simple moving average is $11.98 and its two-hundred day simple moving average is $17.74. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.84 and a current ratio of 0.84. AudioEye has a 12-month low of $8.91 and a 12-month high of $34.85. The stock has a market capitalization of $151.86 million, a price-to-earnings ratio of -45.26, a P/E/G ratio of 2.03 and a beta of 1.39.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AEYE. B. Riley dropped their price target on AudioEye from $26.00 to $20.00 and set a "buy" rating on the stock in a research note on Tuesday. HC Wainwright cut their target price on shares of AudioEye from $37.00 to $22.00 and set a "buy" rating on the stock in a report on Thursday, March 13th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $25.00 price target on shares of AudioEye in a research note on Wednesday, April 2nd. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $26.40.

Insider Buying and Selling at AudioEye

In other news, Director James B. Hawkins bought 13,300 shares of AudioEye stock in a transaction dated Wednesday, March 19th. The stock was bought at an average price of $15.39 per share, for a total transaction of $204,687.00. Following the purchase, the director now owns 114,382 shares of the company's stock, valued at approximately $1,760,338.98. The trade was a 13.16 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 40.70% of the company's stock.

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.