Audioeye (NASDAQ:AEYE) Shares Up 0.6% – Time to Buy?

Audioeye, Inc. (NASDAQ:AEYE) shares shot up 0.6% during mid-day trading on Monday . The stock traded as high as $6.84 and last traded at $6.73. 87,965 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 124,685 shares. The stock had previously closed at $6.69.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on AEYE. Needham & Company LLC dropped their price target on Audioeye from $25.00 to $15.00 and set a “buy” rating on the stock in a research note on Friday, March 6th. Weiss Ratings reissued a “sell (e+)” rating on shares of Audioeye in a research note on Tuesday, May 12th. B. Riley Financial raised Audioeye to a “hold” rating in a research note on Thursday, April 2nd. Craig Hallum reissued a “buy” rating and issued a $16.00 price target (down from $20.00) on shares of Audioeye in a research note on Friday, March 6th. Finally, HC Wainwright dropped their price target on Audioeye from $18.00 to $12.00 and set a “buy” rating on the stock in a research note on Monday, March 9th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $14.63.

Audioeye Price Performance

The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 4.96. The business has a 50-day moving average price of $7.10 and a two-hundred day moving average price of $8.35. The company has a market capitalization of $83.43 million, a price-to-earnings ratio of -23.03 and a beta of 0.77.

Audioeye (NASDAQ:AEYE) last issued its earnings results on Tuesday, May 12th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01). Audioeye had a positive return on equity of 71.24% and a negative net margin of 9.05%.The firm had revenue of $10.55 million for the quarter, compared to analyst estimates of $10.56 million. Audioeye has set its FY 2026 guidance at 0.960- EPS and its Q2 2026 guidance at 0.210-0.220 EPS. As a group, research analysts anticipate that Audioeye, Inc. will post 0.47 EPS for the current year.

Hedge Funds Weigh In On Audioeye

A number of institutional investors have recently modified their holdings of the company. Wasatch Advisors LP raised its position in shares of Audioeye by 9.4% during the second quarter. Wasatch Advisors LP now owns 1,341,510 shares of the company’s stock worth $15,629,000 after purchasing an additional 115,579 shares during the period. Formula Growth Ltd. raised its position in shares of Audioeye by 22.7% during the fourth quarter. Formula Growth Ltd. now owns 270,000 shares of the company’s stock worth $2,697,000 after purchasing an additional 50,000 shares during the period. Kennedy Capital Management LLC raised its position in shares of Audioeye by 25.7% during the third quarter. Kennedy Capital Management LLC now owns 245,936 shares of the company’s stock worth $3,409,000 after purchasing an additional 50,327 shares during the period. Skylands Capital LLC raised its position in shares of Audioeye by 67.2% during the first quarter. Skylands Capital LLC now owns 222,850 shares of the company’s stock worth $1,420,000 after purchasing an additional 89,600 shares during the period. Finally, State Street Corp raised its position in shares of Audioeye by 2.0% during the fourth quarter. State Street Corp now owns 175,945 shares of the company’s stock worth $1,758,000 after purchasing an additional 3,456 shares during the period. 51.11% of the stock is owned by institutional investors and hedge funds.

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.