AEye Inc (LIDR) AI Stock Analysis

• Market Cap: $99.06M
• Dividend Yield: N/A
• Average Volume (3M): 4.85M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.66
• Revenue Growth: -23.62%
• EPS Growth: 71.09%
• Country: US
• Employees: 45
• Sector: Technology
• Sector Strength: 88
• Industry: Auto - Parts
• EPS (TTM): -0.35
• Shares Outstanding: 39,943,123
• 10 Day Avg. Volume: 2,911,556
• 30 Day Avg. Volume: 4,845,207
• PEG Ratio: 4.06
• Price to Book (P/B): 666.88
• Price to Sales (P/S): 49930.38
• P/FCF Ratio: -372.09
• Enterprise Value/Market Cap: 0.03
• Enterprise Value/Revenue: 13.76
• Enterprise Value/Gross Profit: -10.05
• Enterprise Value/Ebitda: -0.10
• 1Y Price Target: $6.00
• Price Target Upside: 151.05% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 55 Neutral
• Price Target: $3.50 ▲(46.44% Upside)

AEye Inc.'s overall stock score is primarily impacted by its weak financial performance, which poses significant risks. However, positive technical indicators and strategic corporate events provide some optimism. The earnings call suggests potential future growth, but current valuation metrics remain unattractive due to ongoing losses.

AEye Inc Business Overview & Revenue Model

Company Description

AEye, Inc. provides lidar systems for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications in the United States, Europe, and Asia. It offers 4Sight A, a software-configurable lidar solution for automotive markets, including 4Sight at Design, Triggered 4Sight, or Responsive 4Sight software levels; and 4Sight M, a software-configurable lidar solution for the mobility and industrial markets, including 4Sight at Design, Triggered 4Sight, Responsive 4Sight, and Predictive 4Sight software levels. The company was formerly known as US LADAR, Inc. and changed its name to AEye, Inc. in March 2016. The company was founded in 2013 and is headquartered in Dublin, California.

How the Company Makes Money

AEye generates revenue through the sales of its lidar systems and related software solutions to various sectors, including automotive, aerospace, and industrial markets. The company operates on a business-to-business model, providing customized solutions to clients that require advanced sensing capabilities for their autonomous systems. Key revenue streams include direct sales of lidar hardware, licensing agreements for their software technology, and maintenance services for deployed systems. Additionally, AEye has established significant partnerships with major automotive manufacturers and technology companies, which not only serve as a source of revenue but also enhance its market position and credibility in the rapidly evolving autonomous vehicle industry.

AEye Inc Financial Statement Overview

Summary

AEye Inc. faces significant financial difficulties across all verticals. The income statement shows persistent unprofitability, with declining revenues and negative profit margins. The balance sheet reflects financial instability, with low equity and increasing debt levels. Cash flow remains a critical concern, with negative operating and free cash flows. The company needs to substantially improve its operational efficiencies and financial strategies to achieve stability and growth.

Income Statement

AEye Inc. has experienced decreasing revenues over recent years, with the latest TTM showing a further decline. The company has consistently reported negative gross and net profit margins, indicating significant operational challenges and unprofitability. Despite attempts to control costs, EBIT and EBITDA margins remain deeply negative.

Balance Sheet

The company's balance sheet shows a declining equity position and increasing reliance on debt, as seen in the rising debt-to-equity ratio. The low equity ratio indicates potential financial risk, while negative stockholder equity in prior years raises concerns about financial stability. Although the company managed to reduce debt recently, the overall financial health remains precarious.

Cash Flow

AEye Inc. continues to face significant cash flow challenges, with consistently negative operating and free cash flows. The company's ability to generate cash from operations is weak, as indicated by the unfavorable operating cash flow to net income ratio. While there have been some financing inflows, this may not be sustainable long-term.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	236.00K	202.00K	1.46M	3.65M	3.01M	1.58M
Gross Profit	-323.00K	-576.00K	-13.86M	-5.08M	-630.00K	771.00K
EBITDA	-31.65M	-35.83M	-76.28M	-94.52M	-61.45M	-24.13M
Net Income	-34.54M	-35.46M	-87.13M	-98.71M	-69.87M	-27.96M
Balance Sheet
Total Assets	22.10M	27.12M	54.32M	133.34M	186.15M	25.89M
Cash, Cash Equivalents and Short-Term Investments	19.21M	22.28M	36.52M	94.20M	164.01M	15.28M
Total Debt	2.50M	4.21M	17.27M	25.27M	0.00	34.66M
Total Liabilities	11.92M	12.00M	25.29M	39.37M	17.39M	44.11M
Stockholders Equity	10.18M	15.12M	29.02M	93.97M	168.77M	-18.23M
Cash Flow
Free Cash Flow	-34.63M	-27.11M	-52.68M	-75.85M	-56.72M	-23.73M
Operating Cash Flow	-34.35M	-26.62M	-50.73M	-71.65M	-55.70M	-19.69M
Investing Cash Flow	65.00K	7.74M	55.35M	68.46M	-151.55M	-4.04M
Financing Cash Flow	15.48M	10.06M	-6.76M	8.07M	207.08M	32.02M

AEye Inc Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.39
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LIDR, the sentiment is Neutral. The current price of 2.39 is below the 20-day moving average (MA) of 2.70, below the 50-day MA of 2.69, and above the 200-day MA of 1.34, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 40.56 is Neutral, neither overbought nor oversold. The STOCH value of 11.87 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for LIDR.

AEye Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HSAI	59 Neutral	4.49B	268.42	-2.60%	―	36.76%	―
LIDR	55 Neutral	$99.06M	―	-222.90%	―	-23.62%	71.09%
INVZ	55 Neutral	351.36M	-4.11	-80.08%	―	17.32%	37.70%
QS	46 Neutral	7.07B	-14.43	―	―	―	9.21%
AEVA	44 Neutral	911.38M	-2.94	-153.25%	―	111.39%	-74.39%
LAZR	42 Neutral	152.66M	-0.72	48.56%	―	-5.22%	84.74%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

AEye Inc Corporate Events

AEye Inc Transitions to Commercialization, Boosts Market Confidence

On August 5, 2025, AEye Inc. announced a significant transition from development to commercialization, highlighting a surge in valuation and market confidence in its strategy. The company has achieved key milestones, including Apollo’s certification on NVIDIA’s platform and involvement in the WinTOR project, indicating strong industry positioning. AEye’s strategic partnerships and customer engagements are expected to drive growth, with a notable $30 million opportunity from a global transportation OEM. The company is poised for expansion across high-value markets, leveraging its innovative lidar technology and capital-light model to sustain momentum and scale operations.

AEye Regains Nasdaq Compliance with Bid Price

On July 30, 2025, AEye, Inc. announced it had regained compliance with Nasdaq’s minimum bid price requirement, having maintained a closing bid price of at least $1.00 per share for ten consecutive business days from July 16 to July 29, 2025. This compliance closure follows a previous notification from Nasdaq on March 11, 2025, regarding a failure to meet the minimum bid price, and it secures AEye’s continued listing on the Nasdaq Capital Market, potentially stabilizing its market position and reassuring stakeholders.

AEye Inc Updates Prospectus for $75M Stock Issuance

On July 28, 2025, AEye, Inc. updated its Prospectus Supplements to increase the maximum number of its common stock shares issuable under the At Market Issuance Sales Agreement with A.G.P./Alliance Global Partners to $75 million. This adjustment reflects the company’s strategic financial planning and may impact its market positioning by potentially increasing its capital for further development and operations.

AEye Inc Updates Prospectus to Increase Share Issuance

On July 25, 2025, AEye, Inc. announced an update to its Prospectus Supplements to increase the maximum number of shares of its common stock issuable under an At Market Issuance Sales Agreement with A.G.P./Alliance Global Partners to an aggregate of $23,728,000. This amendment reflects the company’s strategic financial maneuver to potentially enhance its capital structure, although it does not constitute an offer to sell or solicit shares in jurisdictions where such actions would be unlawful.