Here is how AudioEye (AEYE) and Credo Technology Group Holding Ltd. (CRDO) have performed compared to their sector so far this year.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Does AudioEye (AEYE) have what it takes to be a top stock pick for momentum investors? Let's find out.
After reaching an important support level, AudioEye (AEYE) could be a good stock pick from a technical perspective. AEYE surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
AudioEye (AEYE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The mean of analysts' price targets for AudioEye (AEYE) points to a 35.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Here is how AudioEye (AEYE) and Ceragon Networks (CRNT) have performed compared to their sector so far this year.
AEYE shares have been benefiting from strong growth in the top line and customer base. However, stretched valuation and stiff competition are concerns.
AudioEye, Inc. (NASDAQ:AEYE ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants David Moradi - Chief Executive Officer Kelly Georgevich - Chief Financial Officer Conference Call Participants George Sutton - Craig-Hallum Richard Baldry - ROTH Capital Partners Zach Cummins - B. Riley Securities Operator Good afternoon, and welcome to AudioEye's Third Quarter 2024 Earnings Conference Call.
AudioEye (AEYE) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.02 per share a year ago.
After reaching an important support level, AudioEye (AEYE) could be a good stock pick from a technical perspective. AEYE surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
AudioEye (AEYE) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, AEYE broke out above the 50-day moving average, suggesting a short-term bullish trend.