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Craig-Hallum Initiates Coverage of AEye (LIDR) with Buy Recommendation

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Craig-Hallum initiated coverage of AEye (LIDR) with a Buy rating on April 24, 2026, citing strong growth potential in its LiDAR technology sector. Analysts project a 178% upside, with a $6.12 average price target—up from the $2.20 closing price—based on April 2026 forecasts. Revenue is expected to surge 553,977% to $1.29B annually, though non-GAAP EPS remains negative at -$0.61, reflecting heavy reinvestment. Institutional ownership rose 159% in three months to 8.57M shares, with 44 funds holding positions, though average portfolio allocation remains minimal at 0.00%. Key shareholders like Mitsubishi UFJ and Geode Capital increased holdings by 22-100%, signaling growing confidence despite mixed portfolio adjustments.
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Craig-Hallum Initiates Coverage of AEye (LIDR) with Buy Recommendation

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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks LIDR Craig-Hallum Initiates Coverage of AEye (LIDR) with Buy Recommendation April 24, 2026 — 08:04 pm EDT Written by George Maybach for Fintel-> Fintel reports that on April 24, 2026, Craig-Hallum initiated coverage of AEye (NasdaqCM:LIDR) with a Buy recommendation.

Analyst Price Forecast Suggests 178.18% Upside As of April 15, 2026, the average one-year price target for AEye is $6.12/share. The forecasts range from a low of $6.06 to a high of $6.30. The average price target represents an increase of 178.18% from its latest reported closing price of $2.20 / share. See our leaderboard of companies with the largest price target upside. The projected annual revenue for AEye is 1,291MM, an increase of 553,977.25%. The projected annual non-GAAP EPS is -0.61. What is the Fund Sentiment? There are 44 funds or institutions reporting positions in AEye. This is unchanged over the last quarter. Average portfolio weight of all funds dedicated to LIDR is 0.00%, an increase of 395.64%. Total shares owned by institutions increased in the last three months by 159.15% to 8,569K shares. What are Other Shareholders Doing? Mitsubishi UFJ Kokusai Asset Management Co. holds 794K shares representing 1.75% ownership of the company.

Geode Capital Management holds 510K shares representing 1.12% ownership of the company. In its prior filing, the firm reported owning 395K shares , representing an increase of 22.55%. The firm decreased its portfolio allocation in LIDR by 7.67% over the last quarter. Benjamin Edwards holds 470K shares representing 1.04% ownership of the company. In its prior filing, the firm reported owning 412K shares , representing an increase of 12.37%. The firm decreased its portfolio allocation in LIDR by 17.44% over the last quarter.

Jane Street Group holds 274K shares representing 0.60% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.

Connective Capital Management holds 139K shares representing 0.31% ownership of the company. Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.Click to Learn MoreThis story originally appeared on Fintel. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags Stocks Fintel Fintel is a leading provider of financial data and insights for intelligent, data-driven investors. With coverage of over 75,000 listed companies on all major stock exchanges, Fintel has the most comprehensive coverage of global equities at prices individual investors can afford. Check out our Unique Analysis of Insider Sentiment for AEye, Inc.-> Find out what the Options Markets think of AEye, Inc.-> See our take on AEye, Inc. Upcoming Earnings-> More articles by this source-> Stocks mentioned LIDR More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

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