iLearningEngines Inc (NASDAQ: AILE): Stock Forecast For 2024 Sees A A Decline Of -91.41%

EVTL

In today’s recent session, 3.01 million shares of the iLearningEngines Inc (NASDAQ:AILE) have been traded, and its beta is 0.26. Most recently the company’s share price was $0.90, and it changed around -$0.6 or -40.05% from the last close, which brings the market valuation of the company to $118.28M. AILE at last check was trading at a discount to its 52-week high of $20.00, offering almost -2122.22% off that amount. The share price’s 52-week low was $0.71, which indicates that the recent value has risen by an impressive 21.11% since then. We note from iLearningEngines Inc’s average daily trading volume that its 10-day average is 0.55 million shares, with the 3-month average coming to 3.10 million.

iLearningEngines Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended AILE as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. iLearningEngines Inc is expected to report earnings per share of -0.01 for the current quarter.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

iLearningEngines Inc (NASDAQ:AILE) trade information

Instantly AILE has been showing red trend so far today with a performance of -40.05% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.7500 on recent trading dayincreased the stock’s daily price by 48.57%. The company’s shares are currently down -91.41% year-to-date, but still down -43.44% over the last five days. On the other hand, iLearningEngines Inc (NASDAQ:AILE) is -44.14% down in the 30-day period. We can see from the shorts that 4.41 million shares have been sold at a short interest cover period of 1.98 day(s).

iLearningEngines Inc (AILE) estimates and forecasts

The year-over-year growth rate is expected to be 29.29%, up from the previous year.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 141.14M in revenue for the current quarter. 1 analysts expect iLearningEngines Inc to make 146.17M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 26.01%.