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AEye Inc

AEye Inc (LIDR)

0.99
-0.0057
( -0.57% )
Updated: 12:15:52

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Key stats and details

Current Price
0.99
Bid
0.99
Ask
0.9998
Volume
18,768
0.96 Day's Range 1.02
0.920498 52 Week Range 24.00
Market Cap
Previous Close
0.9957
Open
0.9658
Last Trade
100
@
0.99
Last Trade Time
12:29:56
Financial Volume
$ 18,599
VWAP
0.991004
Average Volume (3m)
309,574
Shares Outstanding
6,271,438
Dividend Yield
-
PE Ratio
-0.07
Earnings Per Share (EPS)
-13.89
Revenue
1.46M
Net Profit
-87.13M

About AEye Inc

AEye Inc is a provider of intelligent, next-generation, adaptive LiDAR for vehicle autonomy, advanced driver-assistance systems (ADAS), and robotic vision applications. Its iDAR (Intelligent Detection and Ranging) system leverages biomimicry and principles from automated targeting applications used ... AEye Inc is a provider of intelligent, next-generation, adaptive LiDAR for vehicle autonomy, advanced driver-assistance systems (ADAS), and robotic vision applications. Its iDAR (Intelligent Detection and Ranging) system leverages biomimicry and principles from automated targeting applications used by the military to scan the environment, intelligently focusing on what matters, enabling faster, more accurate, and more reliable perception. iDAR is the software configurable LiDAR with integrated deterministic artificial intelligence, delivering industry- leading performance in range, resolution, and speed. Show more

Sector
Motor Vehicle Part,accessory
Industry
Motor Vehicle Part,accessory
Website
Headquarters
Wilmington, Delaware, USA
Founded
1970
AEye Inc is listed in the Motor Vehicle Part,accessory sector of the NASDAQ with ticker LIDR. The last closing price for AEye was $1. Over the last year, AEye shares have traded in a share price range of $ 0.920498 to $ 24.00.

AEye currently has 6,271,438 shares outstanding. The market capitalization of AEye is $6.21 million. AEye has a price to earnings ratio (PE ratio) of -0.07.

LIDR Latest News

AEye to Report First Quarter 2024 Financial Results on Tuesday, May 14

AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, today announced that it will release its financial results for the first quarter ended March 31, 2024...

AEye Reports Fourth Quarter 2023 Results

Signed LOI with global Tier 1 automotive supplier Third consecutive quarter of cash burn reduction AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high performance lidar solutions, today...

AEye Introduces Apollo – the First Product in the 4Sight Flex Family

Apollo demonstrates the power of 1550 lidar technology AEye, Inc. (NASDAQ: LIDR), a global leader in adaptive, high-performance lidar solutions, today announced Apollo, the first product in...

AEye to Report Fourth Quarter 2023 Financial Results on Tuesday, March 26

AEye, Inc. (Nasdaq: LIDR), a global leader in adaptive, high-performance lidar solutions, today announced that it will release its financial results for the fourth quarter ended December 31, 2023...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.05-4.807692307691.041.110.920498846071.01675042CS
4-0.26-20.81.251.380.920498928051.16483346CS
12-0.28-22.04724409451.272.140.9204983095741.44645989CS
26-5.646-85.08137432196.6366.90.9204987981932.78592503CS
52-5.283-84.21807747496.273240.92049819613629.60575788CS
156-278.01-99.6451612903279367.4970.920498143055156.7838187CS
260-278.01-99.6451612903279367.4970.920498143055156.7838187CS

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LIDR Discussion

View Posts
Monksdream Monksdream 1 week ago
LIDR new 52 lo
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81vette 81vette 1 month ago
38% spread on warrants if anybody only has 50bucks ish and wants to try and build it up flipping
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Monksdream Monksdream 2 months ago
LIDR 10Q due March 14
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tw0122 tw0122 2 months ago
Looks better old 1.20s now 1.80s
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tw0122 tw0122 3 months ago
Good catch ViX
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HMBass84 HMBass84 4 months ago
Oh and I get that the reverse split was a 30:1 ratio now,
But that doesn't explain the prices I see on Robinhood and Stash from the previous year
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HMBass84 HMBass84 4 months ago
So I need some help to understand how dumb I am 😅
Lidr stock. I bought a bunch in October 2021 for around $8 and now on Robinhood and Stash they both show at that point in time shares were over $200 a pop.
Then there's a spike in Feb 23 and Aug 23 where it's worth nearly $20 a share. What am I missing here? I never saw those spikes. And also now, I have 2900 less shares than I did. I mean I knew I was in over my head, but da
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mick mick 4 months ago
https://www.otcmarkets.com/stock/LIDR
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6of1 6of1 4 months ago
huge RS storm coming to otc
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Invest-in-America Invest-in-America 4 months ago
LIDR: Looming RS --- which USED to be ANATHEMA to any stock!!! These days, ANYTHING can send a stock SOARING, at any time!! GO-FIGURE!!! We are in the 'Wall Street Age' where BAD news is GOOD NEWS!!!
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stock1ace1 stock1ace1 4 months ago
Orions pumping it … r/s at 5pm today
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Awl416 Awl416 4 months ago
Why the volume?
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Monksdream Monksdream 4 months ago
Hundreds of Stocks Have Fallen Below $1. They're Still Listed on Nasdaq. -- WSJ

8:30 am ET December 3, 2023 (Dow Jones) Print
By Alexander Osipovich

Hundreds of stocks have broken the buck this year, following a slump in the once-hot market for buzzy startups seeking rapid growth.

As of Friday, 557 stocks listed on U.S. exchanges were trading below $1 a share, up from fewer than a dozen in early 2021, according to Dow Jones Market Data. The majority of these stocks -- 464 of them -- are listed on the Nasdaq Stock Market, whose rules require companies to maintain a minimum share price of $1 or risk being delisted.

Investor-protection advocates say many of these sub-$1 stocks belong to risky small companies that should be on the over-the-counter market, the traditional home of "penny stocks" not ready for the prime time of Nasdaq or the New York Stock Exchange.

But instead of being delisted, the companies are maneuvering to maintain their Nasdaq spots -- alongside blue chips such as Apple and Microsoft -- as long as they can.

"Any company that looks to list and remain listed on Nasdaq must satisfy certain requirements," a Nasdaq spokesperson said. "Our rules, like any other exchange, are approved by the Securities and Exchange Commission and provide specified periods for companies to regain compliance with the applicable requirements."

Companies with a share price below $1 can stay listed more than a year before Nasdaq kicks them off. Largely owing to the pileup of stocks below $1, around one in six Nasdaq-listed companies is running afoul of the exchange's rules, Nasdaq data show.

"Exchanges are supposed to be gatekeepers and list only bona fide companies that have investor interest," said Rick Fleming, a former SEC investor advocate. "If a bunch of companies aren't really meeting those standards, it undermines the seal of approval that the exchanges are supposed to be imparting."

Many of today's sub-$1 stocks went public in 2020 and 2021 during a boom in initial public offerings and deals with special-purpose acquisition companies. Mergers with SPACs were a popular way for startups to go public until a regulatory crackdown in 2021 slowed the SPAC craze.

Nasdaq's website lists 583 companies that are "noncompliant" with its own listing rules. Besides falling below $1 a share, common reasons for companies to become noncompliant include failing to meet minimum targets for float, stockholders' equity or number of shareholders.

AEye, a maker of sensor technology for self-driving cars, is on the list because its shares have been stuck below $1 for nearly a year. They closed at 15 cents on Friday, down more than 98% since AEye made its debut on Nasdaq through a SPAC merger in August 2021.

The company plans a reverse stock split before the end of this year to regain compliance, an AEye spokeswoman said.

Reverse stock splits have surged as struggling companies seek to boost their share price above $1. There have been 255 reverse splits so far in 2023, up from 159 last year, according to data provider Wall Street Horizon.

Some investors view reverse splits as a black mark on a company's reputation, so companies often avoid doing them until there is no other choice.

Under Nasdaq rules, a company whose shares fall below $1 for 30 days gets a warning stating that it is noncompliant and has 180 days to get its share price back above the threshold. At the end of that period, many companies get an additional 180-day grace period if they say they are considering a reverse split or some other way to get back above $1.

At the end of the second 180-day period, companies can still avoid getting kicked off Nasdaq by requesting a hearing to appeal the delisting decision. Until the hearing, they won't be delisted. Companies must pay Nasdaq a $20,000 fee for the hearing.

Some of the sub-$1 stocks have enjoyed bursts of heavy trading volume as individual investors pile into them, driven by social-media chatter.

Inpixon, a maker of location software for factories and warehouses, unleashed a brief trading frenzy this summer after announcing a merger, even though it is a relatively obscure company whose shares have traded below $1 since January.

On July 25, about 267 million shares of Inpixon changed hands -- representing 2.7% of the shares traded in the entire U.S. stock market that day and more than 300 times the previous day's volume, according to Bloomberg Intelligence. On Friday, Inpixon closed at 7 cents a share.

Nasdaq has required listed companies to maintain a $1 share price since the 1990s, though it suspended the rule during market crashes in 2001, 2008 and 2020. The NYSE has a similar minimum-price rule on its flagship exchange. But the Big Board has far fewer companies trading below $1, because Nasdaq attracts the majority of companies with small market caps, which are more likely to fall below the threshold.

The recent surge in exchange-listed stocks trading for pennies raises concerns about market integrity, said S. Ghon Rhee, a finance professor at the University of Hawaii and co-author of a 2011 academic study on Nasdaq's $1 rule.

"When it comes to risks associated with stocks falling below $1, our findings suggest that noncompliant stocks were much more vulnerable to catastrophic losses," Rhee said. "Investors could have their entire investment wiped out."

Write to Alexander Osipovich at alexo@wsj.com
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mick mick 4 months ago
https://www.otcmarkets.com/stock/LIDR
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mick mick 6 months ago
https://www.otcmarkets.com/stock/LIDR
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poor2blessed poor2blessed 6 months ago
AEye 4Sight Lidar Named Reuters 2023 Automotive DRIVE Honours Winner

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poor2blessed poor2blessed 6 months ago
https://www.businesswire.com/news/home/20231019362444/en/AEye-4Sight-Lidar-Named-Reuters-2023-Automotive-DRIVE-Honours-Winner#:~:text=AEye%27s%204Sight%E2%84%A2%20Intelligent%20Sensing,Nio%2C%20Lucid%2C%20and%20Polestar.
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mick mick 7 months ago
https://www.otcmarkets.com/stock/LIDR
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TheFinalCD TheFinalCD 8 months ago
Thanks, I just got back from vaca, and saw this back to .30

congrat$ to anyone who made $$
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mick mick 8 months ago
LIDR
AEye Inc
0.2913
-0.0287 (-8.97%)
Volume: 3,985,253
Day Range: 0.275 - 0.30
Last Trade Time: 7:59:35 PM EDT
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Prominent Capital Prominent Capital 9 months ago
It’s seems too
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drumkids drumkids 9 months ago
This is going to be huge!!!!!!! AH!
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goingupnow0 goingupnow0 9 months ago
Today AH
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ramalio ramalio 9 months ago
Go LIDR
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drumkids drumkids 9 months ago
Earning looks to be very good the last three has been in the green and beat estimates each time
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Prominent Capital Prominent Capital 9 months ago
Tomorrow is the earring day , isn’t it?
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mick mick 9 months ago
LIDR
AEye Inc
0.45
-0.022 (-4.66%)
Volume: 9,136,956
Day Range: 0.3853 - 0.4758
Bid: 0.431
Ask: 0.528
Last Trade Time: 7:59:57 PM EDT
Total Trades: 15,705
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poor2blessed poor2blessed 9 months ago
Thanks for the DD here and on Twitter CP!!
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Captain Price Captain Price 9 months ago
$LIDR has technology that is able to see 1000 meters down the road-further than any other technology currently available on planet earth. This is critical for driving at highway speeds. They have some of the most reliable tech in the AI sector.
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Captain Price Captain Price 9 months ago
$LIDR hit $.85 this week & retraced back down to $.38 - $.50 level. Looking ready to curl back up but this time over $1 & beyond. AI is the hottest sector and AEye has the best tech in the game. 35% institutionally owned by big names like BlackRock. The next $UPST in the making.

**TLDR:** AEye at a $77mm market cap is an enticing risk/reward and alpha opportunity. The company is trading at less than half net assets, extended its runway to the end of 2024, and has a floor based on the value of its LiDAR IP that I believe is above the current stock price.
**Company Background:**
AEye, Inc. is a technology company that develops artificial intelligence (AI)-powered lidar systems for vehicle autonomy, advanced driver assistance systems, and robotic vision applications.

Luis Dussan, a leading aerospace designer of targeting systems for fighter jets, understood self-driving cars would face similar challenges: the need to see, classify, and respond to an object in real time. Luis founded AEye in 2013 where engineers from NASA, Lockheed, the USAF, and DARPA created AEye’s patented 4Sight™ lidar platform, key to the rollout of sensing applications for automotive, trucking, smart infrastructure, logistics, and rail.

AEye has partnered with leading automotive manufacturers and Tier 1 suppliers to develop and deploy its lidar systems. The company's lidar systems are currently being used in a variety of prototype and production vehicles, including the Continental Automated Truck (CAT) and the Toyota Sienna minivan.
?
In 2021, AEye went public through a merger with a special purpose acquisition company (SPAC).
?
**Current Situation:**
Down from an ATH around $14/share $LIDR is now down to $0.45, equating to a market cap of $77mm.
?
The company is trying to turn over a new leaf after an obviously rocky debut to the public equity market, with a new CEO and CFO appointed in the last 6 months. In order to extend their runway in a challenging funding environment, AEye made a decision that is becoming more and more common in 2023, cutting 1/3 of their staff and trimming expenses such as professional services (e.g. consultants) and real estate.
?
The new management team and slimmed-down workforce are now focused on one thing: validating and delivering their HRL LiDAR product jointly developed with Continental ($CTTAY). This is a great segue to why I believe AEye is such an enticing arbitrage opportunity.
?
Companies who have lost the faith of equity markets typically trade around the equivalent of their net cash/asset balance, signifying that investors think that management is too incompetent to get above a 1:1 return on the investment of said cash/assets. At the current $30m market cap, AEye trades at 40.25% of net assets. I'll state below why I think that this valuation is far too harsh, based on an underappreciated roadmap and price floor.
?
**The Play:**
The [HRL131 Long Range LiDAR](https://www.continental-automotive.com/Passenger-Cars/Autonomous-Mobility/Enablers/Lidars/HRL131), jointly developed with Continental, is the reason I believe that $LIDR is a significantly underappreciated stock.
?
Continental, an international company that trades at a $15B market cap, is more than just a strategic partner and [investor](https://www.continental.com/en/press/press-releases/continental-expands-lidar-technology-portfolio/) to AEye. They are also the first company that I've seen _get on a partner company's_ quarterly earnings call to reaffirm their confidence in the product and vision.
?
Norm Hammerschmidt, Vice President of the Components business at Continental went on AEye's Q1 earnings call this May to say the following:
?
"I would like to start by saying that Continental is very pleased with the new management and the go-forward plan presented by AEye. AEye's decision to take an automotive first strategy further strengthens our partnership and provides the focus and velocity needed to secure automotive series production awards and expand our LiDAR business case. As a 150-year old automotive Tier 1 supplier, we at Continental deeply understand the processes, time and capital required to industrialize products for passenger and commercial vehicles, so when we choose partners like AEye, we do so with our brand and reputation with OEMs in mind. We are as committed to AEye today as we were 3 years ago when we began this journey. And even more so as we work together to accelerate through the design validation stage, which is a precursor to OEM integration and higher volume production.
?
The Conti and the AEye engineering teams are working collaboratively during this stage to perform stringent accelerated life cycle testing on the HRL131 Long Range LiDAR products in our labs while also replicating real-world scenarios in a variety of adverse weather conditions at our closed course tracks in Michigan and Germany. In parallel, our business teams have progressed tremendously on quoting activities with multiple large volume LiDAR programs from both passenger and commercial vehicle OEMs, where we believe we are well positioned to win. As the global leader in ADAS products, Continental began this journey with AEye with a belief that the automotive LiDAR adoption curve will mimic that of radars, which saw exponential growth over the last 25 years, and these recent RFQs from OEMs confirm our belief. The future looks very bright for our LiDAR market and our partnership with AEye."
?
In short, Continental believes strongly enough in AEye's product to center their own autonomous driving and trucking roadmap around their jointly developed HRL131 long range LiDAR. This HRL131 product, according to Continental's website, "enables new compelling automated driving features and will be ready for mass production starting in 2024."
?
AEye and Continental are currently in the OEM validation process with the LiDAR, likely including companies such as Aurora Innovation ($AUR). [This tweet from Continental Press shows an Aurora truck featuring the HR131 powered by AEye](In April 2023 @ContiAutomotive talked about the impressive @aurora_inno powered #AutonomousTruck.

When you zoom in the pic from the @Conti_Press tweet, you see the integration of #HRL131 Ultralong Range #LIDAR which is powered by @AEyeInc

Time to ask $LIDR management, why are… pic.twitter.com/nDLoy9h1M6— Abhishek Mogre (@AbhishekMogre_) May 19, 2023 ), which has not been publicly reported or acknowledged by AEye. At this low of a market cap, any positive press could send the stock upwards in a hurry.
?
**Conclusion:**
The new and improved AEye has a streamlined product roadmap, supported by an established partner in Continental, that not only gives the beat-down company an opportunity to succeed and thrive, but gives the company a buyout/investment floor at or above the current stock price.
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Captain Price Captain Price 9 months ago
The current price target on Market Beat for $LIDR is $5. That’s almost a 1000% upside from where it’s at now. I don’t expect her to stay under $1 for much longer. People are starting to pick up on this hidden gem. AI is the future & she has the most reliable tech in the industry.
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retireat40 retireat40 9 months ago
I couldn’t care less
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mick mick 9 months ago
yes,LIDR
AEye Inc
0.443
-0.029 (-6.14%)
Volume: 5,121,768
Day Range: 0.3853 - 0.4758
Bid: 0.44
Ask: 0.443
Last Trade Time: 11:56:26 AM EDT
Total Trades: 8,655
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Xman1959 Xman1959 9 months ago
LOL..... using name calling only reduces your comments reception. I read till I see one and on to the next
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mick mick 9 months ago
yes, AI world now,
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6of1 6of1 9 months ago
know what you own
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m_m007 m_m007 9 months ago
It needed a dip. Shorty hammered it
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hondaboost hondaboost 9 months ago
You Over-Paid by 120% because it was just $0.18 before this Pump and Dump. LOL!
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limer814 limer814 9 months ago
I added at a 30% discount..it will go par today or tomorrow
👍️ 1
INFINITI INFINITI 9 months ago
Ouch
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RammageRaul RammageRaul 9 months ago
Lmfao
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drumkids drumkids 9 months ago
$1.00 +
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INFINITI INFINITI 9 months ago
I see a troll lurking here lol
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INFINITI INFINITI 9 months ago
Hahah tell β€˜em
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retireat40 retireat40 9 months ago
Okay asshole.
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Monksdream Monksdream 9 months ago
Toxic lenders
The question you should ask, homeboy, is based on your excruciating analysis of this company and its 10q and 10k filings has to do with with the prospect of when it will make a single penny of profit

Just another third tier Nasdaq money losing company

Third tier Nasdaq money losing companies have no choice but make to toxic lending deals so they raise more money
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retireat40 retireat40 9 months ago
Based on what? No form 4’s.
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Monksdream Monksdream 9 months ago
New World A-Comin’
But which one or ones will become the next Microsoft
LIDR is an application specific technology company
Microsoft grew into a company no human of the current 8 billion and those yet to be
born on this Big Blue Marble can live without
That is the defining difference
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mick mick 9 months ago
NICE MOVER MY FRRIENND <> LIDR
AEye Inc
0.6838
0.1235 (22.04%)
Volume: 68,170,950
Day Range: 0.585 - 0.80
Bid: 0.69
Ask: 0.6929
Last Trade Time: 5:03:46 PM EDT
Total Trades: 107,740
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retireat40 retireat40 9 months ago
Good call. Hard retrace to .60 today.
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