AEye Inc (NASDAQ:LIDR): Buy, Sell Or Hold At $0.94?

NOVA

In last trading session, AEye Inc (NASDAQ:LIDR) saw 1.28 million shares changing hands with its beta currently measuring 2.79. Company’s recent per share price level of $0.94 trading at $0.07 or 8.37% at ring of the bell on the day assigns it a market valuation of $17.12M. That closing price of LIDR’s stock is at a discount of -447.87% from its 52-week high price of $5.15 and is indicating a premium of 17.02% from its 52-week low price of $0.78. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.91 million shares which gives us an average trading volume of 3.05 million if we extend that period to 3-months.

For AEye Inc (LIDR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.

AEye Inc (NASDAQ:LIDR) trade information

Upright in the green during last session for gaining 8.37%, in the last five days LIDR remained trading in the red while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $0.94 price level, adding 12.96% to its value on the day. AEye Inc’s shares saw a change of -25.91% in year-to-date performance and have moved -8.64% in past 5-day. AEye Inc (NASDAQ:LIDR) showed a performance of -53.87% in past 30-days. Number of shares sold short was 0.2 million shares which calculate 1.97 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 12 to the stock, which implies a rise of 92.17% to its current value. Analysts have been projecting 12 as a low price target for the stock while placing it at a high target of 12. It follows that stock’s current price would drop -1176.6% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1176.6% for stock’s current value.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -657.36% during past 5 years.

AEye Inc (NASDAQ:LIDR)’s Major holders

Insiders are in possession of 8.60% of company’s total shares while institution are holding 21.70 percent of that, with stock having share float percentage of 23.74%. Investors also watch the number of corporate investors in a company very closely, which is 21.70% institutions for AEye Inc that are currently holding shares of the company. GENERAL MOTORS HOLDINGS LLC is the top institutional holder at LIDR for having 0.47 million shares of worth $0.91 million. And as of 2024-06-30, it was holding 7.3795 of the company’s outstanding shares.

On the other hand, Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 72.26 shares of worth $67998.0 or 0.79% of the total outstanding shares. The later fund manager was in possession of 42.43 shares on Oct 31, 2024 , making its stake of worth around $39928.0 in the company or a holder of 0.46% of company’s stock.