Needham lowered the firm’s price target on AudioEye (AEYE) to $15 from $25 and keeps a Buy rating on the shares. The company reported a solid Q4, with the best quarter of net new annualized recurring revenue of the year, but the firm is cutting its price target on software multiple compression, the analyst tells investors in a research note.
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Read More on AEYE:
- AudioEye: Strengthening ARR Momentum and AI-Driven Platform Enhancements Support Buy Rating and Margin Expansion into 2026
- Closing Bell Movers: Marvell up 15% after earnings beat
- AudioEye reports Q4 adjusted EPS 22c, consensus 21c
- AudioEye sees Q1 adjusted EPS 17c-18c, consensus 19c
- AudioEye sees FY26 adjusted EPS growth ‘at least’ 30%