Audioeye (NASDAQ:AEYE - Get Free Report) is projected to post its Q2 2025 quarterly earnings results before the market opens on Thursday, July 24th. Analysts expect Audioeye to post earnings of $0.16 per share and revenue of $9.92 million for the quarter.
Audioeye Stock Performance
Audioeye stock traded up $0.54 during midday trading on Thursday, hitting $12.25. The company's stock had a trading volume of 110,638 shares, compared to its average volume of 175,216. Audioeye has a 1-year low of $8.91 and a 1-year high of $34.85. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.30 and a quick ratio of 1.30. The company has a 50-day moving average price of $12.21 and a two-hundred day moving average price of $13.37. The company has a market cap of $152.64 million, a price-to-earnings ratio of -30.62, a PEG ratio of 1.42 and a beta of 0.90.
Hedge Funds Weigh In On Audioeye
Several hedge funds have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings 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 valued at $54,000 after purchasing an additional 806 shares during the last quarter. Rhumbline Advisers boosted its position in Audioeye by 14.5% in the first quarter. Rhumbline Advisers now owns 10,360 shares of the company's stock valued at $115,000 after buying an additional 1,313 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in Audioeye by 20.6% in the first quarter. Goldman Sachs Group Inc. now owns 108,392 shares of the company's stock valued at $1,203,000 after buying an additional 18,513 shares in the last quarter. 51.11% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several analysts have weighed in on the stock. Needham & Company LLC reiterated a "buy" rating and issued a $25.00 price objective on shares of Audioeye in a research note on Wednesday, April 30th. HC Wainwright reiterated a "buy" rating and issued a $22.00 price objective on shares of Audioeye in a research note on Wednesday, April 30th. Wall Street Zen upgraded shares of Audioeye from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th. Finally, B. Riley decreased their target price on shares of Audioeye from $26.00 to $20.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $26.40.
Check Out Our Latest Stock Analysis 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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