Audioeye (NASDAQ:AEYE) Upgraded by Wall Street Zen to "Strong-Buy" Rating

Key Points

• Wall Street Zen upgraded AudioEye from “Buy” to “Strong-Buy,” while Weiss Ratings maintained a “Sell (e+)” rating. Overall, analysts have a “Moderate Buy” consensus with a $14.62 target price.
• AudioEye exceeded quarterly expectations, reporting $0.23 EPS versus a $0.21 estimate and $10.72 million in revenue versus a $10.69 million estimate. Analysts forecast $0.47 EPS for the current year.
• The stock opened at $7.20, well below its 12-month high of $16.39, with a market capitalization of approximately $90.5 million. Institutional investors own 51.11% of the company, and several major funds recently increased their holdings.

Audioeye (NASDAQ:AEYE - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings reiterated a "sell (e+)" rating on shares of Audioeye in a research note on Friday, August 7th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $14.62.

Audioeye Price Performance

Shares of NASDAQ:AEYE opened at $7.20 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.83. The firm has a market capitalization of $90.50 million, a PE ratio of -20.00 and a beta of 0.84. Audioeye has a twelve month low of $5.31 and a twelve month high of $16.39. The company has a 50-day moving average price of $6.43 and a two-hundred day moving average price of $6.74.

Audioeye (NASDAQ:AEYE - Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.02. The firm had revenue of $10.72 million during the quarter, compared to the consensus estimate of $10.69 million. Audioeye had a negative net margin of 10.92% and a positive return on equity of 121.59%. Audioeye has set its FY 2026 guidance at 0.980- EPS and its Q3 2026 guidance at 0.260-0.280 EPS. Equities analysts forecast that Audioeye will post 0.47 EPS for the current year.

Hedge Funds Weigh In On Audioeye

A number of large investors have recently modified their holdings of AEYE. Wasatch Advisors LP increased its holdings in Audioeye by 9.4% during the 2nd quarter. Wasatch Advisors LP now owns 1,341,510 shares of the company's stock worth $15,629,000 after acquiring an additional 115,579 shares during the period. Formula Growth Ltd. boosted its holdings in Audioeye by 22.7% in the 4th quarter. Formula Growth Ltd. now owns 270,000 shares of the company's stock valued at $2,697,000 after purchasing an additional 50,000 shares during the period. Kennedy Capital Management LLC boosted its holdings in Audioeye by 25.7% in the 3rd quarter. Kennedy Capital Management LLC now owns 245,936 shares of the company's stock valued at $3,409,000 after purchasing an additional 50,327 shares during the period. Skylands Capital LLC grew its position in shares of Audioeye by 67.2% during the 1st quarter. Skylands Capital LLC now owns 222,850 shares of the company's stock valued at $1,420,000 after purchasing an additional 89,600 shares in the last quarter. Finally, State Street Corp grew its position in shares of Audioeye by 2.0% during the 4th quarter. State Street Corp now owns 175,945 shares of the company's stock valued at $1,758,000 after purchasing an additional 3,456 shares in the last quarter. 51.11% of the stock is currently owned by institutional investors.

About Audioeye

AudioEye, Inc is a provider of digital accessibility solutions, offering software and services designed to help organizations ensure their online properties comply with Web Content Accessibility Guidelines (WCAG), the Americans with Disabilities Act (ADA) and other global accessibility standards. Through its cloud-based platform, the company automates the detection and remediation of accessibility barriers in websites, mobile applications and multimedia content.

The company's flagship AEYE Platform leverages machine learning, artificial intelligence and human validation to continuously scan digital assets, identify potential compliance issues and deploy corrective overlays or code adjustments.

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