After reaching an important support level, AudioEye (AEYE) could be a good stock pick from a technical perspective. AEYE surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.The 50-day simple moving average is a widely used technical indicator that helps determine support or resistance levels for different types of securities. It's one of three major moving averages, but takes precedent because it's the first sign of an up or down trend.AEYE could be on the verge of anoth ...

Shares of AudioEye (AEYE) have gained 1.5% over the past four weeks to close the last trading session at $20.04, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $25.75 indicates a potential upside of 28.5%.The mean estimate comprises four short-term price targets with a standard deviation of $2.99. While the lowest estimate of $23 indicates a 14.8% increase from the current pric ...

SDK helps developers find and fix accessibility issues before they are visible to the publicTUCSON, Ariz., Aug. 7, 2024 /PRNewswire/ -- AudioEye, Inc. (Nasdaq: AEYE) ("AudioEye" or the "Company"), the industry-leading digital accessibility company, today announced the general availability of its Accessibility Testing Software Development Kit (SDK). This self-service accessibility testing tool helps developers address accessibility issues early in the software development life cycle, allowing them to publish ...

Investors might want to bet on AudioEye (AEYE) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revision ...

Table of Contents Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the last 90 days. Yes ☒ No ☐ Indicate by check mark whether the registrant has submitted electronically, every Interactive Data File required to be submitted pursuant ...

Klaus Vedfelt Investment Thesis AudioEye's (NASDAQ:AEYE) stock is up 300% in the past year. This is one of the strongest-performing small caps. Meanwhile, its Q2 2024 results are met with further cheer, with its share price up 4% premarket. As it stands, the stock is priced at 29x next year's EBITDA. While I fail to see a compelling risk-reward, I'm firmly cognizant that an overhyped stock can become even more extravagantly priced. As the saying goes, after all, twice a silly price is not twice as silly ...

AudioEye (AEYE) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this company would post earnings of $0.06 per share when it actually produced earnings of $0.08, delivering a surprise of 33.33%.Over the last four quarters, the company has surpassed ...

AudioEye, Inc. (NASDAQ:AEYE) Q2 2024 Earnings Conference Call July 25, 2024 4:30 PM ET Company Participants David Moradi - Chief Executive Officer Kelly Georgevich - Chief Financial Officer Conference Call Participants Richard Baldry - ROTH Zach Cummins - B. Riley Securities Scott Buck - H.C. Wainwright Operator Good afternoon and welcome to AudioEye's Second Quarter 2024 Earnings Conference Call. Joining us for today's call are AudioEye's CEO, Mr. David Moradi; and CFO, Ms. Kelly Georgevich. Following thei ...

Thirty-Fourth Consecutive Period of Record RevenueTUCSON, Ariz., July 25, 2024 /PRNewswire/ -- AudioEye, Inc. (Nasdaq: AEYE) ("AudioEye" or the "Company"), the industry-leading digital accessibility company, reported financial results for the second quarter ended June 30, 2024."For the second quarter, sequential revenues grew at an annualized growth rate of 19%, and adjusted EBITDA margin was 17%. Business momentum is strong, and we are increasing revenue, adjusted EBITDA, and adjusted EPS guidance for the ...

AudioEye (AEYE) closed the most recent trading day at $22.59, moving -1.4% from the previous trading session. This change lagged the S&P 500's 0.64% gain on the day. Meanwhile, the Dow experienced a rise of 1.85%, and the technology-dominated Nasdaq saw an increase of 0.2%.The company's shares have seen an increase of 17.55% over the last month, surpassing the Computer and Technology sector's gain of 1.06% and the S&P 500's gain of 3.82%.Market participants will be closely following the financial results of ...