Is aeye a good stock

**AudioEye Inc. (AEYE) appears to be a strong buy according to analysts' ratings and price targets**. Here's the analysis to support this conclusion: 1. **Analyst Ratings and Price Targets**: The consensus rating for AEYE is "Strong Buy" based on 3 Wall Street analysts offering 12-month price targets. The average price target is $17.75, which represents a potential upside of 11.73% from the last price of $20.13. Additionally, the stock has a Smart Score of 10 based on an analysis of 8 unique data sets, including Analyst Recommendations. 2. **Earnings Performance**: AudioEye reported record first-quarter 2024 results with 30 consecutive periods of record revenue. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.055. This positive earnings surprise could attract more investors. 3. **Market Sentiment**: The Fear & Greed Index is showing 39 (Fear), indicating that the stock may be undervalued. The stock has a 53% green days over the last 30 days, with a price volatility of 22.28%. This suggests that the stock has been performing well recently. 4. **Technical Indicators**: The stock holds buy signals from both short and long-term moving averages, giving a positive forecast for the stock. The stock price gained 2.76% on the last trading day, with a 29.04% gain for the last 2 weeks. 5. **Future Outlook**: The stock forecast for tomorrow is $19.77, which would represent a 2.12% gain compared to the current price. Long-term predictions suggest significant potential for growth, with a forecast return on equity of 26.62% compared to the industry average of 9.61%. In conclusion, AudioEye Inc. (AEYE) shows promising signs based on analyst ratings, earnings performance, market sentiment, technical indicators, and future outlook. These factors combined suggest that AEYE could be a good stock to consider for investment.