AudioEye (NASDAQ:AEYE) Issues FY 2025 Earnings Guidance

AudioEye (NASDAQ:AEYE - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.700-0.800 for the period, compared to the consensus EPS estimate of 0.710. The company issued revenue guidance of $41.0 million-$42.0 million, compared to the consensus revenue estimate of $41.5 million.

AudioEye Stock Up 7.4 %

AudioEye stock traded up $0.82 during trading hours on Friday, hitting $11.90. The company had a trading volume of 148,062 shares, compared to its average volume of 214,636. AudioEye has a fifty-two week low of $8.91 and a fifty-two week high of $34.85. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.84 and a quick ratio of 0.84. The firm has a market capitalization of $147.88 million, a P/E ratio of -44.07, a price-to-earnings-growth ratio of 2.03 and a beta of 1.39. The firm's fifty day moving average is $11.63 and its 200-day moving average is $17.31.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on AEYE shares. Needham & Company LLC reaffirmed a "buy" rating and issued a $25.00 target price on shares of AudioEye in a research report on Wednesday. B. Riley cut their price objective on shares of AudioEye from $26.00 to $20.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Finally, HC Wainwright reissued a "buy" rating and issued a $22.00 target price on shares of AudioEye in a research report on Wednesday. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, AudioEye presently has an average rating of "Buy" and a consensus price target of $26.40.

Insider Transactions at AudioEye

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

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.