AEye Inc [NASDAQ: LIDR] price surged by 15.03 percent to reach at $632579.1.
A sum of 19846085 shares traded at recent session while its average daily volume was at 632.58K shares. AEye Inc shares reached a high of $1.23 and dropped to a low of $1.0 until finishing in the latest session at $632580.0.
The one-year LIDR stock forecast points to a potential downside of -47562306.02. The average equity rating for LIDR stock is currently 3.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on AEye Inc [LIDR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LIDR shares is $1.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LIDR stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
DA Davidson have made an estimate for AEye Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 11, 2021. While these analysts kept the previous recommendation, ROTH Capital raised their target price to Buy. The new note on the price target was released on October 25, 2021, representing the official price target for AEye Inc stock. Previously, the target price had yet another raise to $14, while Guggenheim analysts kept a Buy rating on LIDR stock.
The Price to Book ratio for the last quarter was 1.13, with the Price to Cash per share for the same quarter was set at 1.35.
LIDR Stock Performance Analysis:
AEye Inc [LIDR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 39.15. With this latest performance, LIDR shares gained by 37.06% in over the last four-week period, additionally sinking by -8.85% over the last 6 months – not to mention a drop of -18.90% in the past year of trading.
Insight into AEye Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and AEye Inc [LIDR] shares currently have an operating margin of -13165.85% and a Gross Margin at -148.37%. AEye Inc’s Net Margin is presently recorded at -13519.11%.
Return on Equity for this stock declined to -89.61%, with Return on Assets sitting at -89.61%.
AEye Inc [LIDR] Institutonal Ownership Details
There are presently around $6.94%, or 7.56% of LIDR stock, in the hands of institutional investors. The top three institutional holders of LIDR stocks are: GENERAL MOTORS HOLDINGS LLC with ownership of 0.47 million shares, which is approximately 7.3795%. CANTOR FITZGERALD, L. P., holding 0.11 million shares of the stock with an approximate value of $$0.22 million in LIDR stocks shares; and CANTOR FITZGERALD, L. P., currently with $$0.17 million in LIDR stock with ownership which is approximately 0.0013%.
