Audioeye (NASDAQ:AEYE - Get Free Report) will likely be issuing its Q2 2025 quarterly earnings data before the market opens on Thursday, July 24th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $9.92 million for the quarter.
Audioeye Stock Up 0.4%
NASDAQ:AEYE traded up $0.05 during trading hours on Friday, hitting $12.30. 75,760 shares of the company traded hands, compared to its average volume of 174,602. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 1.45. The firm's 50-day simple moving average is $12.21 and its 200-day simple moving average is $13.31. Audioeye has a one year low of $8.91 and a one year high of $34.85. The company has a market cap of $153.23 million, a PE ratio of -30.75, a PEG ratio of 1.54 and a beta of 0.90.
Hedge Funds Weigh In On Audioeye
A number of institutional investors and hedge funds have recently modified their holdings of AEYE. Goldman Sachs Group Inc. lifted its holdings in shares of Audioeye by 20.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 108,392 shares of the company's stock worth $1,203,000 after buying an additional 18,513 shares during the period. Rhumbline Advisers grew its position in shares of Audioeye by 14.5% during the 1st quarter. Rhumbline Advisers now owns 10,360 shares of the company's stock worth $115,000 after buying an additional 1,313 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Audioeye by 19.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,904 shares of the company's stock worth $54,000 after buying an additional 806 shares in the last quarter. Hedge funds and other institutional investors own 51.11% of the company's stock.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the company. B. Riley decreased their price objective on Audioeye from $26.00 to $20.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. HC Wainwright reaffirmed a "buy" rating and set a $22.00 target price on shares of Audioeye in a report on Wednesday, April 30th. Wall Street Zen upgraded Audioeye from a "hold" rating to a "buy" rating in a research report on Saturday, May 24th. Finally, Needham & Company LLC restated a "buy" rating and issued a $25.00 target price on shares of Audioeye in a research report on Wednesday, April 30th. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $26.40.
Check Out Our Latest Stock Report on Audioeye
Audioeye Company Profile
(
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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.
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