Audioeye, Inc. (NASDAQ:AEYE) Sees Significant Drop in Short Interest

Audioeye, Inc. (NASDAQ:AEYE) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 317,618 shares, a decline of 40.0% from the June 15th total of 529,372 shares. Based on an average daily trading volume, of 238,707 shares, the days-to-cover ratio is currently 1.3 days. Currently, 3.4% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on AEYE. B. Riley Financial raised Audioeye to a “hold” rating in a research report on Thursday, April 2nd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Audioeye in a research report on Tuesday, May 12th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $14.62.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Wasatch Advisors LP grew its position in Audioeye by 9.4% during the 2nd quarter. Wasatch Advisors LP now owns 1,341,510 shares of the company’s stock worth $15,629,000 after acquiring an additional 115,579 shares during the last quarter. Formula Growth Ltd. boosted its stake in Audioeye by 22.7% in 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 in the last quarter. Kennedy Capital Management LLC boosted its stake in Audioeye by 25.7% in 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 in the last quarter. Skylands Capital LLC grew its holdings 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 last quarter. Finally, State Street Corp grew its holdings 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 last quarter. Institutional investors own 51.11% of the company’s stock.

Audioeye Stock Performance

Shares of NASDAQ AEYE opened at $6.92 on Thursday. Audioeye has a one year low of $5.31 and a one year high of $16.39. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 4.96. The business has a fifty day simple moving average of $6.96 and a 200 day simple moving average of $7.35. The firm has a market capitalization of $86.45 million, a price-to-earnings ratio of -23.86 and a beta of 0.82.

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

Audioeye Company Profile

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.