AEye Inc (LIDR) AI Stock Analysis

• Market Cap: $89.07M
• Dividend Yield: N/A
• Average Volume (3M): 5.02M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.55
• Revenue Growth: -19.11%
• EPS Growth: 73.51%
• Country: US
• Employees: 45
• Sector: Technology
• Sector Strength: 88
• Industry: Auto - Parts
• EPS (TTM): -0.17
• Shares Outstanding: 39,943,123
• 10 Day Avg. Volume: 8,759,430
• 30 Day Avg. Volume: 5,018,885
• 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: 0.04
• Enterprise Value/Revenue: 17.84
• Enterprise Value/Gross Profit: -18.66
• Enterprise Value/Ebitda: -0.10
• 1Y Price Target: $6.00
• Price Target Upside: 139.04% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 50 Neutral
• Price Target: $2.50 ▼(-0.40% Downside)

AEye Inc's overall stock score reflects significant financial challenges, with ongoing losses and negative cash flows weighing heavily. However, positive sentiment from the earnings call, including strategic growth plans and financial improvements, provides some optimism. Technical indicators suggest potential short-term weakness, and the valuation remains unattractive due to persistent financial issues.

Positive Factors

Customer Base Expansion

Doubling the customer base indicates strong market traction and potential for sustained revenue growth, enhancing long-term business stability.

Manufacturing Capacity Expansion

Increased manufacturing capacity supports scalability and readiness to meet rising demand, crucial for long-term growth and market competitiveness.

Financial Position Strengthening

A strong cash position ensures operational stability and supports strategic investments, crucial for navigating financial challenges and pursuing growth.

Negative Factors

Negative Revenue Growth

Declining revenues indicate potential market challenges and can hinder long-term profitability and growth prospects if not addressed.

Continued Operating Losses

Ongoing operating losses reflect financial instability, which may limit the company's ability to invest in growth and innovation over time.

High Cash Burn

High cash burn rates can deplete resources quickly, posing risks to financial sustainability and limiting flexibility for future investments.

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 challenges with negative gross and net profit margins, declining revenues, and negative cash flows. Despite a low debt-to-equity ratio, the company struggles with poor returns on equity and cash generation issues.

Income Statement

AEye Inc's income statement reveals significant challenges, with negative gross profit margins and net profit margins indicating substantial losses. The company has experienced declining revenues, with a negative revenue growth rate in the TTM (Trailing-Twelve-Months) period. The EBIT and EBITDA margins are also deeply negative, reflecting operational inefficiencies and high costs relative to revenue.

Balance Sheet

The balance sheet shows a low debt-to-equity ratio, suggesting limited leverage, which is a positive aspect. However, the return on equity is negative, indicating that the company is not generating profits from its equity base. The equity ratio is relatively stable, but the overall financial health is weakened by consistent losses.

Cash Flow

Cash flow analysis highlights negative operating and free cash flows, with a slight improvement in free cash flow growth. The operating cash flow to net income ratio is negative, indicating cash flow challenges. The free cash flow to net income ratio is slightly above 1, suggesting that free cash flow is marginally better than net income, but overall cash generation remains weak.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	182.00K	202.00K	1.46M	3.65M	3.01M	1.58M
Gross Profit	-174.00K	-576.00K	-13.86M	-5.08M	-630.00K	771.00K
EBITDA	-33.04M	-35.73M	-76.28M	-96.46M	-61.45M	-24.22M
Net Income	-35.16M	-35.46M	-87.13M	-98.71M	-65.01M	-26.55M
Balance Sheet
Total Assets	87.55M	27.12M	54.32M	133.34M	186.15M	25.89M
Cash, Cash Equivalents and Short-Term Investments	84.33M	22.28M	36.52M	94.20M	164.01M	15.28M
Total Debt	299.00K	4.21M	17.27M	27.73M	0.00	34.66M
Total Liabilities	9.36M	12.00M	25.29M	39.37M	17.39M	44.11M
Stockholders Equity	78.19M	15.12M	29.02M	93.97M	168.77M	-18.23M
Cash Flow
Free Cash Flow	-25.17M	-27.11M	-52.68M	-75.85M	-56.72M	-23.73M
Operating Cash Flow	-25.05M	-26.62M	-50.73M	-71.65M	-55.70M	-19.69M
Investing Cash Flow	-24.56M	7.74M	55.35M	68.46M	-151.55M	-4.04M
Financing Cash Flow	86.80M	10.06M	-6.76M	8.07M	207.08M	32.02M

AEye Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.51
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LIDR, the sentiment is Positive. The current price of 2.51 is above the 20-day moving average (MA) of 2.41, below the 50-day MA of 2.60, and above the 200-day MA of 1.64, indicating a neutral trend. The MACD of -0.05 indicates Negative momentum. The RSI at 50.76 is Neutral, neither overbought nor oversold. The STOCH value of 60.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LIDR.

AEye Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
HSAI	59 Neutral	$4.40B	41.79	6.61%	―	43.16%	―
ECX	52 Neutral	$648.78M	―	―	―	6.59%	55.85%
LIDR	50 Neutral	$89.07M	-0.77	-75.54%	―	-19.11%	73.51%
AEVA	47 Neutral	$632.64M	―	-192.35%	―	89.90%	5.13%
INVZ	47 Neutral	$244.95M	―	-71.46%	―	46.09%	46.01%
LAZR	38 Underperform	$63.53M	―	―	―	0.97%	61.79%

AEye Inc Corporate Events

AEye, Inc. Q3 Earnings Call Highlights Growth

AEye, Inc. recently held its Q3 2025 earnings call, where the sentiment was notably positive despite ongoing challenges. The company showcased significant advancements, such as a doubled customer base and expanded manufacturing capacity, alongside a strengthened financial position. However, it continues to face financial hurdles with ongoing losses and anticipated cash burn for the year.

AEye, Inc. Expands Customer Base and Production Capacity

AEye, Inc., a leader in software-defined lidar solutions, specializes in advanced driver-assistance and vehicle autonomy technologies within the transportation and mobility sector. The company recently reported its third-quarter 2025 financial results, highlighting significant business growth and strategic investments aimed at expanding its production capabilities.