AudioEye (NASDAQ:AEYE) Releases FY 2025 Earnings Guidance

AudioEye (NASDAQ:AEYE) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.700-0.800 for the period, compared to the consensus earnings per share 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.

Wall Street Analyst Weigh In

Several research firms recently issued reports on AEYE. B. Riley decreased their target price on AudioEye from $26.00 to $20.00 and set a “buy” rating on the stock in a research note on Tuesday, April 22nd. HC Wainwright restated a “buy” rating and issued a $22.00 price objective on shares of AudioEye in a report on Wednesday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $25.00 target price on shares of AudioEye in a research note on Wednesday. Five analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $26.40.

AudioEye Stock Up 7.4 %

Shares of NASDAQ:AEYE opened at $11.90 on Friday. AudioEye has a fifty-two week low of $8.91 and a fifty-two week high of $34.85. The firm’s 50 day moving average price is $11.63 and its 200 day moving average price is $17.37. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.92. The stock has a market cap of $147.88 million, a price-to-earnings ratio of -44.07, a price-to-earnings-growth ratio of 2.03 and a beta of 1.39.

Insider Transactions at AudioEye

In other AudioEye news, Director James B. Hawkins purchased 13,300 shares of the business’s stock in a transaction on Wednesday, March 19th. The shares were bought at an average cost of $15.39 per share, for a total transaction of $204,687.00. Following the completion of the purchase, the director now directly owns 114,382 shares in the company, valued at approximately $1,760,338.98. This represents a 13.16 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 40.70% of the company’s stock.

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.