Audioeye (NASDAQ:AEYE) Trading Down 2.3% - Here's Why

Key Points

• AudioEye shares fell 2.3% to $7.21 in mid-day trading, with volume up 77% from the average session. The company has a market capitalization of approximately $90.6 million.
• Analysts maintain a generally positive outlook, with an average rating of “Moderate Buy” and a consensus price target of $14.62, despite ratings ranging from Sell to Strong Buy.
• AudioEye exceeded quarterly expectations, reporting $0.23 in earnings per share versus the $0.21 consensus and $10.72 million in revenue. Institutional investors own approximately 51.1% of the company’s stock.

Audioeye, Inc. (NASDAQ:AEYE - Get Free Report)'s stock price fell 2.3% during mid-day trading on Wednesday . The stock traded as low as $6.97 and last traded at $7.21. Approximately 306,898 shares traded hands during trading, an increase of 77% from the average session volume of 172,967 shares. The stock had previously closed at $7.38.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Wall Street Zen raised Audioeye from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 22nd. Weiss Ratings reissued a "sell (e+)" rating on shares of Audioeye in a research report on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Audioeye presently has an average rating of "Moderate Buy" and a consensus target price of $14.62.

Audioeye Trading Down 2.3%

The business's 50-day simple moving average is $6.82 and its 200-day simple moving average is $6.76. The company has a market cap of $90.63 million, a PE ratio of -20.03 and a beta of 0.89. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 4.83.

Audioeye (NASDAQ:AEYE - Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported $0.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.02. Audioeye had a negative net margin of 10.92% and a positive return on equity of 121.59%. The business had revenue of $10.72 million for the quarter, compared to the consensus estimate of $10.69 million. Audioeye has set its FY 2026 guidance at 0.980- EPS and its Q3 2026 guidance at 0.260-0.280 EPS. As a group, analysts expect that Audioeye, Inc. will post 0.54 EPS for the current fiscal year.

Institutional Investors Weigh In On Audioeye

Hedge funds and other institutional investors have recently made changes to their positions in the company. Skylands Capital LLC lifted its holdings 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 buying an additional 89,600 shares during the last quarter. Sei Investments Co. increased its holdings in Audioeye by 481.3% in the first quarter. Sei Investments Co. now owns 153,537 shares of the company's stock worth $978,000 after buying an additional 127,126 shares during the last quarter. Renaissance Technologies LLC raised its position in Audioeye by 1,071.0% during the first quarter. Renaissance Technologies LLC now owns 125,300 shares of the company's stock valued at $798,000 after acquiring an additional 114,600 shares in the last quarter. Focus Financial Network Inc. raised its position in Audioeye by 35.7% during the second quarter. Focus Financial Network Inc. now owns 122,650 shares of the company's stock valued at $713,000 after acquiring an additional 32,270 shares in the last quarter. Finally, Globeflex Capital L P bought a new position in Audioeye during the second quarter valued at approximately $462,000. 51.11% of the stock is owned by hedge funds and other institutional investors.

Audioeye Company Profile

AudioEye, Inc NASDAQ: AEYE provides digital accessibility technology designed to help organizations make websites and digital content more usable for people with disabilities. Its platform supports efforts to improve compliance with accessibility standards and broaden access to online products and services.

The company's offerings combine automated accessibility tools with testing, monitoring, remediation, and expert support. AudioEye's technology is designed to identify and address common accessibility barriers across websites and digital experiences, while its services assist organizations with ongoing accessibility management and documentation.

AudioEye serves businesses and other organizations across a range of industries, including companies that operate customer-facing websites and digital platforms.

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