Core Viewpoint - Analyst recommendations, particularly for AudioEye (AEYE), suggest a strong buy, but reliance solely on these recommendations may not be prudent due to potential biases from brokerage firms [1][2][4]. Group 1: Analyst Recommendations - AudioEye has an average brokerage recommendation (ABR) of 1.00, indicating a Strong Buy based on three brokerage firms' recommendations, all of which are Strong Buy [1]. - Despite the ABR suggesting a buy, studies indicate that brokerage recommendations often fail to guide investors effectively towards stocks with high price appreciation potential [2][4]. - Brokerage firms tend to exhibit a positive bias in their ratings, with a ratio of five "Strong Buy" recommendations for every "Strong Sell" [2][3]. Group 2: Zacks Rank vs. ABR - Zacks Rank is a proprietary stock rating tool that categorizes stocks from Zacks Rank 1 (Strong Buy) to Zacks Rank 5 (Strong Sell) and is based on earnings estimate revisions, showing a strong correlation with near-term stock price movements [3][5]. - The ABR is calculated based on brokerage recommendations and may not be up-to-date, while Zacks Rank reflects timely earnings estimate revisions [4][5]. - The Zacks Consensus Estimate for AudioEye has increased by 900% over the past month to $0.42, indicating strong analyst optimism and resulting in a Zacks Rank 2 (Buy) for the company [6].

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.Our " ...

AudioEye (AEYE) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual inv ...

Rule brings stronger grounds for enforcement requiring Web Content Accessibility Guidelines (WCAG) for websites and mobile applications TUCSON, Ariz., May 2, 2024 /PRNewswire/ -- AudioEye, Inc. (Nasdaq: AEYE) ("AudioEye" or the "Company"), the industry-leading digital accessibility platform, formally announces its support of the Department of Health and Human Services (HHS) Office for Civil Rights (OCR) final rule bolstering protections for individuals with disabilities under Section 504 of the Rehabilitati ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. AudioEye (AEYE) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.AudioEye is a member of our Computer and Technology group ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from [ ] to [ ] Commission File Number: 001-38640 AudioEye, Inc. (Exact name of registrant as specified in its charter) Delaware 20-2939845 (State or o ...

Shares of AudioEye (AEYE) have gained 42.8% over the past four weeks to close the last trading session at $14.29, 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 $18.50 indicates a potential upside of 29.5%.The average comprises three short-term price targets ranging from a low of $17 to a high of $20, with a standard deviation of $1.50. While the lowest estimate indicates an in ...

April is usually considered favorable for equity investments. However, this year it is turning out to be different. Month to date, the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — have tumbled 3.4%, 3.5% and 4.1%, respectively.On Apr 10, the Department of Labor reported that the consumer price index (CPI) for March rose 0.4% sequentially and 3.5% year over year. Core CPI (excluding volatile food and energy items) for March rose 0.4% sequentially and 3.8% year over year.The U.S ...

Core Insights - Five stocks have been added to the Zacks Rank 1 (Strong Buy) List, indicating strong potential for investment returns Group 1: Company Performance - AudioEye, Inc. (AEYE) has seen a 153.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Docebo Inc. (DCBO) has experienced a 9.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Veritone, Inc. (VERI) has recorded a 14.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Orion Group Holdings, Inc. (ORN) has seen a 35.7% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - eBay Inc. (EBAY) has experienced a 6.1% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2]