AudioEye (AEYE – Research Report), the Technology sector company, was revisited by a Wall Street analyst today. Analyst Scott Buck from H.C. Wainwright reiterated a Buy rating on the stock and has a $22.00 price target.
Scott Buck’s rating is based on AudioEye’s impressive start to the year and the company’s optimistic outlook for 2025, driven by strong demand in both marketplace and enterprise sales across Europe and the United States. The company has demonstrated resilience against economic uncertainties, maintaining its revenue guidance for 2025 between $41.0M and $42.0M, with an adjusted EBITDA between $9.0M and $10.0M. With a projected revenue growth of 18.8% and an adjusted EBITDA margin of 22.9% at the midpoints, AudioEye is on track to achieve a Rule of 40 status, which justifies a higher valuation multiple.
Moreover, the company is expected to see accelerating revenue growth and improving margins in the latter half of 2025 and into 2026, which should enhance its adjusted EBITDA and cash flow. AudioEye’s strategy to reinvest in the business for near-term growth, coupled with its potential to repurchase shares and pursue attractive M&A opportunities, adds to its long-term appeal. Investors are encouraged to take advantage of the recent stock pullback to accumulate shares ahead of the anticipated revenue acceleration and profitability improvements. Buck maintains a Buy rating with a price target of $22, reflecting confidence in the company’s strategic execution.
According to TipRanks, Buck is an analyst with an average return of -25.1% and a 21.66% success rate. Buck covers the Technology sector, focusing on stocks such as Lightpath Technologies, Veritone, and AudioEye.
In another report released today, Roth MKM also reiterated a Buy rating on the stock with a $25.00 price target.