AEye Inc. Class A Common Stock (LIDR)

FairStock Score: 60/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses with durable advantages, honest earnings, and a margin of safety. AEye makes physical AI sensing and lidar for vehicle autonomy, ADAS, robotics, and industrial markets, with 56 employees. The filed numbers are sobering. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $202,000 and net loss was $10.0 million. In fiscal Q1 2026, the quarter ended 2026-03-31, revenue was $101,000 and net loss was $8.3 million. For FY2025, period ended 2025-12-31, revenue was $233,000 and net loss was $34.0 million. For FY2024, revenue was $202,000 and net loss was $35.5 million, after FY2023 revenue of $1.5 million and an $87.1 million loss. Yes, fiscal Q2 2026 revenue rose sharply from fiscal Q2 2025's $22,000, and FairStock shows 818.18% revenue growth, but that is from a tiny base. At the close on 2026-10-13, the price was $0.90. FairStock calculations show P/B 0.61, P/E -0.97, ROE -89.28%, ROCE -45.62%, trailing free cash flow -$29.9 million, and FCF yield -71.7%. Debt is low with D/E 0.02, but FairStock also calculates Piotroski 3/9 and Altman Z-score -4.16. The company has no Lynch category because it lost money in each of the last four years. A low price versus book can be a trap if losses erode book value. Without a moat, positive cash flow, or a clear path to profits, I cannot call this a sound value investment. It is a speculative option on lidar adoption, not a Graham bargain.

In plain English: AEye makes light-based sensing and software for self-driving cars, robots, and industrial uses. The business is very small and loses a lot of money: in the quarter ended 2026-06-30, it had $202,000 of revenue and a $10.0 million loss. At $0.90 a share, the price looks low compared with its accounting value, but heavy cash losses and years without profit make it speculative rather than clearly cheap.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer