The Latest Breaking News from AEYE

The stock market has been under immense pressure of late on investor concerns about Federal Reserve interest rate increases to combat 40-year-high inflation, and growing recession risks. However, the market’s volatility is creating opportunities for investors to buy quality growth stocks at attractive prices. As the markets recover, Wall Street…

DA Davidson has decided to maintain its Buy rating of AEye (NASDAQ:LIDR) and lower its price target from $15.00 to $12.00. Shares of AEye are trading up 9.45% over the last 24 hours, at $5.38 per share. A move to $12.00 would account for a 122.84% increase from the current…

AEye Inc (NASDAQ:LIDR) has opened its new office in Munich, Germany. The company expects the new location to expand its reach for automotive, mobility, trucking, logistics, and smart infrastructure markets in the region. Also, AEye has appointed automotive engineer Andreas Prinz as technical sales director for Europe. "We've experienced strong demand and traction…

AEye (NASDAQ:LIDR) brought in sales totaling $416.00 thousand during Q4 according to data provided by Benzinga Pro. However, earnings decreased 43.93%, resulting in a loss of $25.03 million.