Aeye stock forecast institutional buying in recent sessions

Institutional buying in recent sessions adds confidence to AEye stock forecast optimism. Price stability above the 50-day moving average could confirm a bullish trend extension. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.71 per share and revenue of $41.51 million, indicating changes of +29.09% and +17.91%, respectively, compared to the previous year. It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for AudioEye. Technical swing traders see $2.25 as a pivot point for AEYE’s next leg higher, a key level in current AEye stock forecast scenarios.