AEye Q1 revenue rises on commercial engagement

Aeye

13/05/2026 22:25

Overview

Lidar solutions provider's Q1 2026 revenue rose about 60% yr/yr to $101,000

Adjusted EPS for Q1 2026 was -0.15, with active customer count rising to 21

Company reaffirmed 2026 cash burn guidance at $30 mln to $35 mln for the yr

Outlook

Company reaffirms 2026 cash burn guidance of $30 mln to $35 mln, including $5 mln in working capital

Company says cash balance provides operational runway well into 2028

Result Drivers

COMMERCIAL PIPELINE - Co said record commercial activity and a growing pipeline contributed to revenue growth

DEFENSE AND AUTOMOTIVE ENGAGEMENTS - Co cited expansion in defense vertical with SynTech and renewed automotive OEM interest as drivers of increased activity

REPEAT BUSINESS - Co said growing pattern of repeat business signals product-market fit

Company press release: ID:nBw612pdWa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EPS
Miss
-$0.15
-$0.14 (2 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electronic equipment & parts peer group is "buy"

Wall Street's median 12-month price target for AEye Inc is $6.00, about 179.1% above its May 12 closing price of $2.15

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)