AEye (NASDAQ:LIDR) Announces Earnings Results

AEye (NASDAQ:LIDR) released its quarterly earnings results on Monday. The company reported ($0.17) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.01, Zacks reports. AEye had a negative return on equity of 102.95% and a negative net margin of 19,320.88%.The firm had revenue of $0.10 million during the quarter, compared to the consensus estimate of $0.08 million.

Here are the key takeaways from AEye’s conference call:

• AEye reported clear commercial momentum with the highest-ever quarterly Apollo shipments, active customer count up from 12 to 16, active engagements +40% and active quotes +30%, supporting a growing POC-to-deployment pipeline.
• The company ended 2025 with approximately $86.5 million in cash, has fully repaid its 2025 convertible note and legacy warrants, and says this positions it with a runway into 2028.
• Product and manufacturing progress includes launches of OPTIS and ultra-long-range Stratos (1.5 km range), Apollo’s 1 km capability on a 1550 nm architecture, and secured tier-one manufacturing capacity of 60,000 Apollo units annually plus deepening NVIDIA partnerships.
• Management expects initial deployment for a major $30 million transportation OEM program to begin in H2 2026 and sees a revenue inflection as POCs convert, but cautioned that meaningful volume revenue may not materialize until 2027.
• Losses and cash burn remain a near-term headwind — Q4 GAAP net loss was $7.3M (non-GAAP $6.8M), Q4 cash burn rose to $7.5M, and 2026 cash burn is guided to $30–$35M as the company increases sales, engineering, and operational investments.

AEye Stock Performance

Shares of LIDR stock opened at $2.09 on Tuesday. AEye has a 52-week low of $0.49 and a 52-week high of $6.44. The stock has a market cap of $94.18 million, a price-to-earnings ratio of -0.97 and a beta of 2.98. The firm’s 50-day moving average is $1.77 and its 200-day moving average is $2.27.

Hedge Funds Weigh In On AEye

Institutional investors have recently bought and sold shares of the business. State Street Corp lifted its position in shares of AEye by 685.1% in the fourth quarter. State Street Corp now owns 1,573,781 shares of the company’s stock valued at $2,896,000 after buying an additional 1,373,334 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of AEye by 819.6% during the 3rd quarter. Vanguard Group Inc. now owns 676,840 shares of the company’s stock worth $1,685,000 after acquiring an additional 603,241 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of AEye by 29.1% during the 4th quarter. Geode Capital Management LLC now owns 509,717 shares of the company’s stock worth $938,000 after acquiring an additional 114,958 shares during the last quarter. UBS Group AG raised its stake in AEye by 657.5% in the 3rd quarter. UBS Group AG now owns 307,696 shares of the company’s stock valued at $766,000 after acquiring an additional 267,075 shares during the period. Finally, Jane Street Group LLC bought a new stake in AEye in the 4th quarter valued at $504,000. Institutional investors and hedge funds own 21.58% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AEye in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, AEye has a consensus rating of “Hold” and an average target price of $6.00.

About AEye

AEye, Inc is a technology company specializing in adaptive LiDAR (Light Detection and Ranging) systems designed to support advanced driver assistance systems (ADAS), autonomous vehicles and other sensing applications. Through its intelligent detection and ranging (iDAR) platform, AEye integrates high-performance sensors with real-time data processing software to deliver customizable sensing ‘pipelines’ that prioritize relevant objects and environmental features. This approach enables longer detection ranges, higher resolution imagery and dynamic field-of-view adjustment, making AEye’s offerings well suited for complex driving environments and safety-critical scenarios.

The company’s core product suite centers on solid-state and hybrid LiDAR sensors that can be configured for a variety of end uses, including passenger vehicles, commercial trucks, robotics, mapping and defense.