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AEye Inc (LIDR) Receives a New Rating from a Top Analyst
AEye Inc received a Buy rating and price target from Craig-Hallum analyst Richard Shannon today.
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Shannon covers the Technology sector, focusing on stocks such as IonQ, Maxlinear, and Tower. According to TipRanks, Shannon has an average return of 78.3% and a 62.53% success rate on recommended stocks.
The analyst consensus on AEye Inc is currently a Moderate Buy rating.
Based on AEye Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $97 thousand and a GAAP net loss of $7.34 million. In comparison, last year the company earned a revenue of $46 thousand and had a GAAP net loss of $8.55 million
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