AEye (NASDAQ:LIDR) Issues Quarterly Earnings Results

AEye (NASDAQ:LIDR) announced its quarterly earnings results on Monday. The company reported ($0.17) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.01, Zacks reports. AEye had a negative return on equity of 85.97% and a negative net margin of 14,574.25%.The business had revenue of $0.10 million during the quarter, compared to the consensus estimate of $0.08 million.

Here are the key takeaways from AEye’s conference call:

• AEye reported clear commercial momentum with the highest-ever quarterly Apollo shipments, active customer count up from 12 to 16, active engagements +40% and active quotes +30%, supporting a growing POC-to-deployment pipeline.
• The company ended 2025 with approximately $86.5 million in cash, has fully repaid its 2025 convertible note and legacy warrants, and says this positions it with a runway into 2028.
• Product and manufacturing progress includes launches of OPTIS and ultra-long-range Stratos (1.5 km range), Apollo’s 1 km capability on a 1550 nm architecture, and secured tier-one manufacturing capacity of 60,000 Apollo units annually plus deepening NVIDIA partnerships.
• Management expects initial deployment for a major $30 million transportation OEM program to begin in H2 2026 and sees a revenue inflection as POCs convert, but cautioned that meaningful volume revenue may not materialize until 2027.
• Losses and cash burn remain a near-term headwind — Q4 GAAP net loss was $7.3M (non-GAAP $6.8M), Q4 cash burn rose to $7.5M, and 2026 cash burn is guided to $30–$35M as the company increases sales, engineering, and operational investments.

AEye Trading Up 18.1%

Shares of NASDAQ LIDR opened at $1.83 on Wednesday. The firm has a market cap of $82.46 million, a P/E ratio of -1.30 and a beta of 2.98. The business’s 50 day moving average is $1.76 and its 200-day moving average is $2.26. AEye has a 1-year low of $0.49 and a 1-year high of $6.44.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of AEye in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, AEye currently has a consensus rating of “Hold” and a consensus target price of $6.00.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Squarepoint Ops LLC acquired a new stake in shares of AEye during the third quarter worth $33,000. Millennium Management LLC acquired a new position in shares of AEye in the fourth quarter valued at about $64,000. Two Sigma Investments LP bought a new position in AEye during the third quarter worth about $95,000. Geode Capital Management LLC raised its stake in AEye by 6.8% in the 2nd quarter. Geode Capital Management LLC now owns 108,323 shares of the company’s stock worth $112,000 after purchasing an additional 6,873 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in AEye by 289.2% in the 4th quarter. Renaissance Technologies LLC now owns 72,000 shares of the company’s stock worth $132,000 after purchasing an additional 53,500 shares in the last quarter. Institutional investors own 21.58% of the company’s stock.

AEye Company Profile

AEye, Inc is a technology company specializing in adaptive LiDAR (Light Detection and Ranging) systems designed to support advanced driver assistance systems (ADAS), autonomous vehicles and other sensing applications. Through its intelligent detection and ranging (iDAR) platform, AEye integrates high-performance sensors with real-time data processing software to deliver customizable sensing ‘pipelines’ that prioritize relevant objects and environmental features. This approach enables longer detection ranges, higher resolution imagery and dynamic field-of-view adjustment, making AEye’s offerings well suited for complex driving environments and safety-critical scenarios.

The company’s core product suite centers on solid-state and hybrid LiDAR sensors that can be configured for a variety of end uses, including passenger vehicles, commercial trucks, robotics, mapping and defense.