AI-enabled platform
Search documents
AudioEye price target lowered to $15.50 from $19 at B. Riley
Yahoo Finance· 2026-03-07 13:15
Core Viewpoint - B. Riley has lowered the price target for AudioEye (AEYE) to $15.50 from $19 while maintaining a Buy rating on the shares due to Q4 results aligning with expectations but a weaker FY26 revenue guidance [1] Financial Performance - AudioEye reported Q4 results that met prior expectations, but shares fell 11% in after-hours trading due to lighter FY26 revenue guidance [1] - The new FY26 revenue guidance implies a +9% year-over-year growth, which is below the consensus estimate of +11% [1] Future Outlook - Despite the revenue guidance, the company anticipates strong operating leverage with at least 30% year-over-year adjusted EBITDA growth [1] - There is an expectation of accelerating annual recurring revenue growth and potential upside from increased enforcement of accessibility regulations and the next-generation AI-enabled platform [1]