Audioeye (NASDAQ:AEYE) Releases Earnings Results, Misses Expectations By $0.01 EPS

Audioeye (NASDAQ:AEYEGet Free Report) announced its earnings results on Tuesday. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01), FiscalAI reports. The business had revenue of $10.55 million for the quarter, compared to analysts’ expectations of $10.56 million. Audioeye had a positive return on equity of 56.26% and a negative net margin of 7.63%. Audioeye updated its FY 2026 guidance to 0.960- EPS and its Q2 2026 guidance to 0.210-0.220 EPS.

Audioeye Stock Down 1.4%

Audioeye stock traded down $0.11 during midday trading on Tuesday, hitting $7.58. The stock had a trading volume of 320,665 shares, compared to its average volume of 179,327. The business has a fifty day moving average price of $6.59 and a 200 day moving average price of $9.25. Audioeye has a 12 month low of $5.31 and a 12 month high of $16.39. The stock has a market cap of $94.75 million, a P/E ratio of -31.58 and a beta of 0.77. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 2.60.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Audioeye by 19.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,904 shares of the company’s stock valued at $54,000 after acquiring an additional 806 shares during the last quarter. Rhumbline Advisers lifted its stake in Audioeye by 14.5% during the first quarter. Rhumbline Advisers now owns 10,360 shares of the company’s stock worth $115,000 after purchasing an additional 1,313 shares during the last quarter. State Street Corp lifted its stake in 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 last quarter. Wells Fargo & Company MN boosted its holdings in Audioeye by 64.6% in the fourth quarter. Wells Fargo & Company MN now owns 9,762 shares of the company’s stock worth $98,000 after purchasing an additional 3,832 shares during the period. Finally, State of Tennessee Department of Treasury boosted its holdings in Audioeye by 29.8% in the second quarter. State of Tennessee Department of Treasury now owns 17,525 shares of the company’s stock worth $204,000 after purchasing an additional 4,025 shares during the period. Institutional investors and hedge funds own 51.11% of the company’s stock.

Wall Street Analysts Forecast Growth

AEYE has been the topic of several analyst reports. B. Riley Financial upgraded Audioeye to a “hold” rating in a report on Thursday, April 2nd. Needham & Company LLC decreased their price target on shares of Audioeye from $25.00 to $15.00 and set a “buy” rating for the company in a research report on Friday, March 6th. Roth Mkm restated a “buy” rating on shares of Audioeye in a research note on Tuesday, January 13th. Craig Hallum reaffirmed a “buy” rating and issued a $16.00 price target (down from $20.00) on shares of Audioeye in a report on Friday, March 6th. Finally, HC Wainwright reduced their price objective on shares of Audioeye from $18.00 to $12.00 and set a “buy” rating on the stock in a research note on Monday, March 9th. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $14.63.

Read Our Latest Research Report on Audioeye

Audioeye Company Profile

(Get Free Report)

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.

See Also

Earnings History for Audioeye (NASDAQ:AEYE)

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