Audioeye (NASDAQ:AEYE) Stock Price Down 2.3% – Here’s What Happened

Audioeye, Inc. (NASDAQ:AEYE)’s share price dropped 2.3% during trading on Wednesday . The company traded as low as $6.97 and last traded at $7.21. Approximately 306,898 shares changed hands during trading, an increase of 77% from the average daily volume of 172,967 shares. The stock had previously closed at $7.38.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AEYE. Wall Street Zen raised Audioeye from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 22nd. Weiss Ratings reiterated a “sell (e+)” rating on shares of Audioeye in a research note on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $14.62.

Audioeye Stock Down 2.9%

The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 4.83. The firm has a 50 day simple moving average of $6.83 and a 200-day simple moving average of $6.76. The stock has a market cap of $91.82 million, a P/E ratio of -20.29 and a beta of 0.89.

Audioeye (NASDAQ:AEYE) last issued its earnings results on Thursday, August 13th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.21 by $0.02. Audioeye had a positive return on equity of 121.59% and a negative net margin of 10.92%.The company had revenue of $10.72 million during the quarter, compared to the consensus estimate of $10.69 million. Audioeye has set its FY 2026 guidance at 0.980- EPS and its Q3 2026 guidance at 0.260-0.280 EPS. On average, equities research analysts forecast that Audioeye, Inc. will post 0.54 earnings per share for the current fiscal year.

Institutional Trading of Audioeye

Several institutional investors have recently added to or reduced their stakes in the company. Engineers Gate Manager LP acquired a new position in Audioeye during the second quarter valued at approximately $79,000. Compass Financial Management LLC bought a new stake in Audioeye during the 2nd quarter worth approximately $55,000. Globeflex Capital L P acquired a new stake in Audioeye in the second quarter valued at $462,000. Bank of New York Mellon Corp acquired a new position in shares of Audioeye in the second quarter worth approximately $206,000. Finally, Focus Financial Network Inc. increased its position in Audioeye by 35.7% during the 2nd quarter. Focus Financial Network Inc. now owns 122,650 shares of the company’s stock valued at $713,000 after purchasing an additional 32,270 shares during the period. 51.11% of the stock is currently owned by institutional investors.

Audioeye Company Profile

AudioEye, Inc (NASDAQ: AEYE) provides digital accessibility technology designed to help organizations make websites and digital content more usable for people with disabilities. Its platform supports efforts to improve compliance with accessibility standards and broaden access to online products and services.

The company’s offerings combine automated accessibility tools with testing, monitoring, remediation, and expert support. AudioEye’s technology is designed to identify and address common accessibility barriers across websites and digital experiences, while its services assist organizations with ongoing accessibility management and documentation.

AudioEye serves businesses and other organizations across a range of industries, including companies that operate customer-facing websites and digital platforms.