AEye (LIDR)


Market Price (10/9/2026): $1.05 | Market Cap: $48.2 MilSector: Information Technology | Industry: Systems Software

AEye (LIDR)


Market Price (10/9/2026): $1.05
Market Cap: $48.2 Mil
Sector: Information Technology
Industry: Systems Software

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -147%

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 91%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -65%

Megatrend and thematic drivers
Megatrends include Autonomous Technologies, Electric Vehicles & Autonomous Driving, and Future of Freight. Themes include Machine Vision, Show more.

Weak multi-year price returns
2Y Excs Rtn is -45%, 3Y Excs Rtn is -166%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -36 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -8002%

Expensive valuation multiples
P/SPrice/Sales ratio is 106x

Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.6%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 1294%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -6547%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -6639%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -77%

Key risks
LIDR key risks include [1] sustained losses and significant cash burn, Show more.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -147%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 91%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -65%
3 Megatrend and thematic drivers
Megatrends include Autonomous Technologies, Electric Vehicles & Autonomous Driving, and Future of Freight. Themes include Machine Vision, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -45%, 3Y Excs Rtn is -166%
5 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -36 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -8002%
6 Expensive valuation multiples
P/SPrice/Sales ratio is 106x
7 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.6%
8 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 1294%
9 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -6547%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -6639%
10 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -77%
11 Key risks
LIDR key risks include [1] sustained losses and significant cash burn, Show more.

LIDR in ETFs

Weight = LIDR's share of each fund

VTI0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 10/6/2026

AEye (LIDR) stock has lost about 25% since 6/30/2026 because of the following key factors:

1. Macroeconomic headwinds, particularly rising interest rates, created an unfavorable environment for growth stocks like AEye. The 10-year Treasury yield experienced a significant increase in fiscal Q3 2026, rising by more than 1% from its February 2026 level to reach 5.04% by September 15, 2026. Historically, a rising interest rate environment tends to negatively impact valuations of growth-oriented technology companies, as higher discount rates reduce the present value of their future earnings. This broader market sentiment against growth stocks due to rising rates likely contributed to AEye's decline despite positive company-specific news.

2. Despite year-over-year revenue growth, AEye's continued unprofitability likely weighed on investor sentiment in a risk-averse market. For fiscal Q2 2026, which ended June 30, 2026, AEye reported a GAAP net loss of $(10.0) million, or $(0.22) per share. Although the company's revenue of $202,000 for fiscal Q2 2026 exceeded analyst estimates by $22,000 and represented an approximately nine-fold increase year-over-year, persistent losses for a small-cap company can be a significant concern for investors, especially as the cost of capital rises with increasing interest rates.

Show more
Updated on 10/6/2026

AEye (LIDR) stock has lost about 25% since 6/30/2026 because of the following key factors:

1. Macroeconomic headwinds, particularly rising interest rates, created an unfavorable environment for growth stocks like AEye. The 10-year Treasury yield experienced a significant increase in fiscal Q3 2026, rising by more than 1% from its February 2026 level to reach 5.04% by September 15, 2026. Historically, a rising interest rate environment tends to negatively impact valuations of growth-oriented technology companies, as higher discount rates reduce the present value of their future earnings. This broader market sentiment against growth stocks due to rising rates likely contributed to AEye's decline despite positive company-specific news.

2. Despite year-over-year revenue growth, AEye's continued unprofitability likely weighed on investor sentiment in a risk-averse market. For fiscal Q2 2026, which ended June 30, 2026, AEye reported a GAAP net loss of $(10.0) million, or $(0.22) per share. Although the company's revenue of $202,000 for fiscal Q2 2026 exceeded analyst estimates by $22,000 and represented an approximately nine-fold increase year-over-year, persistent losses for a small-cap company can be a significant concern for investors, especially as the cost of capital rises with increasing interest rates.

3. The broader semiconductor and hardware-focused technology sector experienced a downturn in fiscal Q3 2026. While the overall information technology sector demonstrated strong performance, the iShares Semiconductor ETF, which includes companies involved in hardware and components, lost 11% during fiscal Q3 2026 as chip stocks retreated. As a company specializing in lidar hardware, AEye's stock performance may have been influenced by this sub-sector's weakness, even if the overall tech sector was buoyed by software and AI.

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Stock Movement Drivers

Fundamental Drivers

The -27.4% change in LIDR stock from 6/30/2026 to 10/8/2026 was primarily driven by a -55.8% change in the company's P/S Multiple.
(LTM values as of)630202610082026Change
Stock Price ($)1.441.04-27.4%
Change Contribution By: 
Total Revenues ($ Mil)0066.7%
P/S Multiple241.1106.6-55.8%
Shares Outstanding (Mil)4546-1.5%
Cumulative Contribution-27.4%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2026 to 10/8/2026
ReturnCorrelation
LIDR-27.4% 
Market (SPY)3.6%25.4%
Sector (XLK)3.8%37.2%

Fundamental Drivers

The -42.3% change in LIDR stock from 3/31/2026 to 10/8/2026 was primarily driven by a -58.2% change in the company's P/S Multiple.
(LTM values as of)331202610082026Change
Stock Price ($)1.811.04-42.3%
Change Contribution By: 
Total Revenues ($ Mil)0093.1%
P/S Multiple255.4106.6-58.2%
Shares Outstanding (Mil)3346-28.4%
Cumulative Contribution-42.3%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 10/8/2026
ReturnCorrelation
LIDR-42.3% 
Market (SPY)19.3%32.0%
Sector (XLK)49.0%40.8%

Fundamental Drivers

The -58.0% change in LIDR stock from 9/30/2025 to 10/8/2026 was primarily driven by a -58.3% change in the company's Shares Outstanding (Mil).
(LTM values as of)930202510082026Change
Stock Price ($)2.491.04-58.0%
Change Contribution By: 
Total Revenues ($ Mil)0090.7%
P/S Multiple201.8106.6-47.2%
Shares Outstanding (Mil)1946-58.3%
Cumulative Contribution-58.0%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 10/8/2026
ReturnCorrelation
LIDR-58.0% 
Market (SPY)17.1%28.8%
Sector (XLK)40.9%34.9%

Fundamental Drivers

The -83.4% change in LIDR stock from 9/30/2023 to 10/8/2026 was primarily driven by a -87.2% change in the company's Shares Outstanding (Mil).
(LTM values as of)930202310082026Change
Stock Price ($)6.301.04-83.4%
Change Contribution By: 
Total Revenues ($ Mil)30-85.3%
P/S Multiple12.0106.6786.1%
Shares Outstanding (Mil)646-87.2%
Cumulative Contribution-83.4%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2023 to 10/8/2026
ReturnCorrelation
LIDR-83.4% 
Market (SPY)87.3%15.1%
Sector (XLK)145.6%17.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
LIDR Return-55%-90%-84%-45%45%-42%-100%
Peers Return-41%-73%-14%11%73%61%-57%
S&P 500 Return27%-19%24%23%16%14%108%

Monthly Win Rates [3]
LIDR Win Rate42%42%25%33%33%40% 
Peers Win Rate44%33%47%50%42%43% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
LIDR Max Drawdown--92%-92%-79%-83%-61% 
Peers Max Drawdown-72%-77%-78%-66%-62%-58% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: OUST, AEVA, MVIS.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/8/2026 (YTD)

How Low Can It Go

EventLIDRS&P 500
2025 US Tariff Shock
  % Loss-35.6%-18.8%
  % Gain to Breakeven55.2%23.1%
  Time to Breakeven66 days79 days
2024 Yen Carry Trade Unwind
  % Loss-36.8%-7.8%
  % Gain to Breakeven58.2%8.5%
  Time to Breakeven137 days18 days

Compare to OUST, AEVA, MVIS

In The Past

AEye's stock fell -35.6% during the 2025 US Tariff Shock. Such a loss loss requires a 55.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventLIDRS&P 500
2025 US Tariff Shock
  % Loss-35.6%-18.8%
  % Gain to Breakeven55.2%23.1%
  Time to Breakeven66 days79 days
2024 Yen Carry Trade Unwind
  % Loss-36.8%-7.8%
  % Gain to Breakeven58.2%8.5%
  Time to Breakeven137 days18 days

Compare to OUST, AEVA, MVIS

In The Past

AEye's stock fell -35.6% during the 2025 US Tariff Shock. Such a loss loss requires a 55.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About AEye (LIDR)

AEye, Inc. (LIDR) is a technology company specializing in the development and provision of advanced lidar systems. Lidar, which stands for "light detection and ranging," uses laser light to measure distances and create precise 3D maps of environments. This capability is crucial for machines to "see" and understand their surroundings, making AEye a key player in enabling vehicle autonomy, advanced driver-assistance systems (ADAS), and various robotic vision applications.

The company offers two primary software-configurable lidar solutions: 4Sight A and 4Sight M. The 4Sight A platform is specifically engineered for the automotive market, serving needs related to autonomous vehicles and ADAS. It provides flexible software levels such as 4Sight at Design, Triggered 4Sight, and Responsive 4Sight to adapt to different operational requirements. The 4Sight M platform extends AEye's reach into the broader mobility and industrial sectors, offering similar configurability along with an additional Predictive 4Sight level, catering to a wider array of robotic vision applications.

AEye's core customers and markets include the automotive industry for autonomous driving and safety features, the mobility sector for applications like robotic taxis and delivery vehicles, and various industrial applications requiring precise environmental perception. With its headquarters in Dublin, California, AEye operates globally, providing its lidar solutions to clients across the United States, Europe, and Asia, positioning itself as a critical enabler for the next generation of intelligent machines and autonomous systems.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe AEye (LIDR):

  • AEye is like Mobileye, but specializing in lidar sensors for self-driving cars and robots.
  • AEye is like the 'Intel Inside' for the perception systems of autonomous vehicles and robots.
  • AEye develops the 'eyes' for self-driving cars and robots, similar to how NVIDIA provides the 'brains' (GPUs) for AI and autonomous systems.

AI Analysis | Feedback

  • 4Sight A: A software-configurable lidar solution designed for automotive markets.
  • 4Sight M: A software-configurable lidar solution developed for mobility and industrial markets.

AI Analysis | Feedback

AEye (LIDR) sells its lidar systems primarily to other companies (B2B model) in the automotive and industrial sectors.

A major publicly identified customer and strategic partner is:

  • Continental AG (Symbol: CON.DE on XTRA) - A leading global automotive Tier 1 supplier and industrial company. AEye has a strategic partnership with Continental to industrialize and integrate AEye's lidar technology into Continental's advanced driver-assistance systems (ADAS) for mass production in the automotive market.

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Matthew Fisch, Chief Executive Officer and Chairman

Matthew Fisch was appointed CEO of AEye in February 2023, bringing 30 years of experience in delivering breakout products and scaling software organizations at multi-billion-dollar global companies. Prior to joining AEye, he served as Senior Vice President & Chief Technology Officer at Gentherm Incorporated. He also held roles as Executive Vice President & Chief Technology Officer of Hospitality Services at North American Bancard, Executive Vice President of Global R&D at Verifone Systems, Inc., and Vice President of R&D for Harman International Industries, Inc.'s lifestyle division, where he led global R&D for their car audio business. Earlier in his career, Mr. Fisch spent 22 years in various engineering positions at Intel Corporation.

Conor Tierney, Chief Financial Officer and Treasurer

Conor Tierney was appointed CFO and Treasurer in May 2023, having initially joined AEye as Chief Accounting Officer in January 2022. He possesses 20 years of financial leadership and management experience with prominent technology companies. Before AEye, Mr. Tierney was Head of Finance and Corporate Controller at Alphabet's Wing Aviation division and served as Corporate Controller at Glu Mobile in the mobile gaming sector. His background also includes working in public accounting at "Big Four" firms, including Deloitte and PricewaterhouseCoopers. Mr. Tierney is a Certified Public Accountant (CPA).

Luis Dussan, Founder and Director

Luis Dussan is a co-founder of AEye, which was founded in 2013. He is a veteran with over 20 years of experience in the aerospace and defense industry. During his tenure at Lockheed Martin and Northrop Grumman, Mr. Dussan focused his research and development efforts on smart sensor solutions for applications such as Information, Surveillance, Reconnaissance (ISR), Targeting, Fire Control, LADAR/LIDAR, and Autonomy.

Andrew Hughes, Senior Vice President, General Counsel and Corporate Secretary

Andrew Hughes brings decades of leadership experience in negotiating technology-related transactions for high-growth companies. He has served at several Fortune 1000 companies, where he was responsible for negotiating domestic and international transactions, mitigating risk, and ensuring public company compliance. Most recently, he held the position of Vice President and General Counsel (US) at Renesas Electronics Corp. Mr. Hughes also served as General Counsel at Intersil Corp., Ikanos Communications, Bell Microproducts, Inc., and LSI Logic Corporation.

Bernd Reichert, Senior Vice President of ADAS

Bernd Reichert was appointed Senior Vice President of ADAS in July 2021. He has 25 years of experience in key positions within the automotive electronics business at global Tier 1 suppliers. Prior to AEye, he spent nearly seven years as VP of sales and business development for Global Driving Assistance at Valeo, where he was responsible for multi-billion dollar global OEM sales of driving assistance products, including sensors, ECUs, and systems for active safety and autonomous driving, as well as the sale of Valeo Lidar solutions. Before Valeo, Mr. Reichert was Vice President and General Manager German OEM Customer Group at Visteon and VP and GM German OEMs at Johnson Controls Electronics Division.

AI Analysis | Feedback

The key risks to AEye (LIDR) are as follows:
  1. Financial Sustainability and Path to Profitability: AEye faces significant financial challenges, including persistent negative free cash flow and negligible revenue, leading to ongoing losses. The company has a history of high cash burn, with a projected burn rate of $30 million to $35 million for the full year 2026. This necessitates continuous capital raises, which pose a high risk of further equity dilution for shareholders. The company's financial health is characterized by a "Distress" score, and its high valuation is based on anticipated future growth that is not yet visible in current fundamentals.
  2. Market Adoption Challenges and Intense Competition: The lidar industry is characterized by long sales cycles, particularly in the automotive and infrastructure markets, making the recognition of substantial revenue a protracted process. AEye operates in a highly competitive market with numerous deep-pocketed rivals and ongoing industry consolidation. Furthermore, there is a risk that alternative sensing technologies, such as camera-plus-AI systems, or new lidar approaches could undercut AEye's market potential, slowing widespread adoption of its products.
  3. Execution Risk in Scaling Production and Securing Commercial Wins: While AEye has formed partnerships and demonstrated technological capabilities, a significant risk remains in its ability to translate these into high-volume production and large-scale, revenue-generating commercial contracts. The long qualification cycles in the automotive industry and the need to scale production rapidly to achieve economies of scale present substantial execution hurdles.

AI Analysis | Feedback

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AI Analysis | Feedback

AEye (NASDAQ: LIDR) operates in substantial addressable markets for its lidar systems across automotive, mobility, and industrial applications. The company's main products, 4Sight A (for automotive markets) and 4Sight M (for mobility and industrial markets), cater to these growing sectors. The global addressable market for lidar, encompassing automotive, industrial, and mobility industries, is projected to increase significantly. This market was forecasted to grow from $3 billion in 2020 to $42 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 30%. Specifically, for AEye's main product areas, the forecasted global market opportunities by 2030 are: * **Automotive:** $18 billion. * **Industrial:** $17 billion. * **Mobility:** $7 billion. These market sizes are global in scope.

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for AEye (LIDR) over the next 2-3 years:

  1. Growth in Automotive OEM Programs and Customer Base: AEye is poised for revenue growth through increasing customer engagements and design wins within the automotive sector. The company has secured a major program with a global transportation OEM, representing a $30 million revenue opportunity, which is currently in its initial deployment phase with broader rollout anticipated in the second half of 2026. Additionally, AEye has expanded its active customer count to 16, demonstrating increasing traction for its Apollo sensor across various applications.
  2. Expansion into Diversified Non-Automotive Markets: A significant driver for AEye's future revenue is its strategic expansion into various non-automotive markets. Management expects these sectors, including defense, high-speed rail, smart infrastructure, intelligent transportation systems, and aviation, to become meaningful contributors to near-term revenue. This diversification broadens the company's addressable market and reduces reliance on a single industry.
  3. Commercialization of Advanced Lidar and AI Solutions: The launch and commercialization of new, advanced products are expected to fuel revenue growth. This includes the Stratos, a third-generation ultra-long-range LiDAR sensor capable of detecting objects up to 1.5 kilometers with more than twice the resolution of the Apollo sensor, and the Optus physical AI solution. Stratos's superior performance and compact form factor can open new applications and command higher value, while Optus is beginning to drive initial software revenues.
  4. Leveraging Strategic Partnerships and Scalable Manufacturing: AEye's capital-light business model, underpinned by strategic partnerships, is crucial for scaling revenue. Collaborations with partners like NVIDIA, where Apollo LiDAR is integrated with the NVIDIA DRIVE AGX Thor platform, enhance the company's automotive market penetration and product readiness. Furthermore, partnerships with global Tier 1 manufacturers, such as LiteOn, provide the manufacturing capacity for high-volume production of Apollo units (60,000 units annually), enabling AEye to meet anticipated demand efficiently while minimizing capital expenditure.

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Share Issuance

  • In July 2025, AEye, Inc. increased the maximum aggregate amount of common stock that may be issued and sold under its at-the-market (ATM) equity offering program to $75 million.
  • In July 2024, AEye entered into a common stock purchase agreement with New Circle Principal Investments LLC, providing the right to sell up to $50 million of common stock over a 36-month term through an Equity Reserve Facility.
  • The company has consistently raised growth capital, including an additional $12.7 million in early 2025, which contributed to an approximately $80 million total potential liquidity by Q4 2024, and further capital raises extending cash runway into 2027 by Q2 2025.

Inbound Investments

  • AEye secured a common stock purchase agreement with New Circle Principal Investments LLC in July 2024, representing a potential inbound investment of up to $50 million over three years.
  • The company has expanded its manufacturing capacity for its Apollo lidar system to 60,000 units annually through a partnership with LITEON, reflecting a strategic investment in production capabilities without direct capital outlay by AEye.
  • Strategic partnerships in China with Accelight Technologies, Inc. and LighTekton Co., Ltd. were established to deliver AEye's 4Sight™ lidar solutions to the Chinese market.

Capital Expenditures

  • AEye anticipates its full-year cash burn for 2025 to be in the range of $27 million to $29 million, driven primarily by investments needed to ramp up Apollo to high-volume production.
  • The company has historically made substantial investments in research and development (R&D) efforts, and plans to continue focusing these investments on strategic product development goals, including the Apollo lidar sensor and OPTIS™ platform.
  • Despite a capital-light business model, the company’s cash burn in Q4 2024 was $4.8 million, with Q2 2025 cash burn at approximately $6 million, which included a lease settlement payout.

Better Bets vs. AEye (LIDR)

Peer Outperformance in Systems Software

LIDR has trailed 94% of its 70 Systems Software peers over 5Y. Among the peers that beat it is BB. Systems Software ranks 12th of 12 industries in Information Technology by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Systems Software constituents that LIDR has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
18%
of 89 industry peers · -66.1% return
3Y
17%
of 75 industry peers · -82.3% return
5Y
6%
of 70 industry peers · -99.2% return
Systems Software peers with revenue growth within 4pp of LIDR's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
LIDR AEye -7.6% -1.4x -66.1%-82.3%-99.2% —
BB BlackBerry -6.5% 84.7x 81.3%139.7%-8.1% +91pp
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Information Technology sector, ranked by 5Y. Systems Software is LIDR's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Electronic Manufacturing Services 9 52.3%177.6%382.8% TTMI 789% · FLEX 734% · SANM 433%
Semiconductor Materials & Equipment 27 85.4%101.0%122.7% AXTI 789% · KLAC 533% · LRCX 513%
Technology Distributors 9 45.8%84.6%93.2% CLMB 418% · AVT 206% · SNX 171%
Electronic Components 26 29.0%72.5%72.6% CLS 3721% · BELFA 1285% · COHR 428%
Communications Equipment 36 2.4%96.8%67.4% AAOI 1460% · LITE 1146% · FEIM 827%
Semiconductors 55 19.0%56.9%33.1% POET 1628% · MU 1413% · NVDA 1011%
Technology Hardware, Storage & Peripherals 20 22.0%118.0%32.9% DELL 1095% · SMCI 1060% · STX 1017%
Internet Services & Infrastructure 6 -5.6%42.2%23.0% DOCN 48% · GDDY 47% · VRSN 47%
Electronic Equipment & Instruments 26 -19.2%26.1%-9.3% PI 248% · KEYS 132% · VPG 105%
IT Consulting & Other Services 28 -22.9%-7.3%-20.8% CHRN 500689% · APLD 828% · TSSI 806%
Application Software 125 -25.6%-15.2%-43.6% VIDA 1374900% · INLX 5153% · PLTR 746%
Systems Software ← 71 -15.8%22.0%-52.6% QNC 572% · PAYS 471% · SANG 401%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

LIDROUSTAEVAMVISMedian
NameAEye Ouster Aeva Tec.Microvis. 
Mkt Price1.0540.4513.671.257.46
Mkt Cap0.02.70.90.00.5
Rev LTM020522312
Op Inc LTM-36-63-132-89-76
FCF LTM-30-82-117-68-75
FCF 3Y Avg-30-60-117-67-64
CFO LTM-29-54-111-67-61
CFO 3Y Avg-30-48-111-67-57

Growth & Margins

LIDROUSTAEVAMVISMedian
NameAEye Ouster Aeva Tec.Microvis. 
Rev Chg LTM90.7%62.8%56.2%11.1%59.5%
Rev Chg 3Y Avg-7.6%52.9%85.7%216.8%69.3%
Rev Chg Q818.2%55.9%11.3%850.3%437.0%
QoQ Delta Rev Chg LTM66.7%10.6%3.0%84.8%38.6%
Op Inc Chg LTM-11.3%39.7%4.0%-43.8%-3.7%
Op Inc Chg 3Y Avg22.8%32.5%5.7%-12.7%14.3%
Op Mgn LTM-8,002.2%-30.6%-610.9%-3,083.3%-1,847.1%
Op Mgn 3Y Avg-13,144.7%-79.2%-1,284.8%-2,163.1%-1,724.0%
QoQ Delta Op Mgn LTM4,576.3%6.9%19.9%1,996.3%1,008.1%
CFO/Rev LTM-6,546.9%-26.3%-516.1%-2,349.6%-1,432.9%
CFO/Rev 3Y Avg-9,438.7%-38.4%-1,019.9%-1,787.9%-1,403.9%
FCF/Rev LTM-6,638.9%-40.2%-540.2%-2,378.2%-1,459.2%
FCF/Rev 3Y Avg-9,655.4%-44.9%-1,070.0%-1,805.6%-1,437.8%

Valuation

LIDROUSTAEVAMVISMedian
NameAEye Ouster Aeva Tec.Microvis. 
Mkt Cap0.02.70.90.00.5
P/S106.613.040.99.727.0
P/Op Inc-1.3-42.6-6.7-0.3-4.0
P/EBIT-1.3-47.2-5.1-0.3-3.2
P/E-1.4-50.1-27.3-0.2-14.3
P/CFO-1.6-49.6-7.9-0.4-4.8
Total Yield-73.4%-2.0%-3.7%-391.0%-38.5%
Dividend Yield0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-144.7%-7.3%-32.2%-583.8%-88.5%
D/E0.00.00.11.60.1
Net D/E-1.5-0.1-0.10.7-0.1

Returns

LIDROUSTAEVAMVISMedian
NameAEye Ouster Aeva Tec.Microvis. 
1M Rtn-21.1%7.9%-15.9%-25.4%-18.5%
3M Rtn-22.8%-14.9%-37.9%211.2%-18.8%
6M Rtn-33.5%101.9%4.8%99.9%52.3%
12M Rtn-65.9%32.0%-14.5%-9.1%-11.8%
3Y Rtn-82.2%829.9%279.8%-40.4%119.7%
1M Excs Rtn-22.8%9.9%-14.2%-24.3%-18.5%
3M Excs Rtn-24.2%-9.1%-37.4%222.0%-16.6%
6M Excs Rtn-47.4%87.8%-9.0%86.8%38.9%
12M Excs Rtn-79.8%7.7%-38.1%-27.2%-32.7%
3Y Excs Rtn-166.4%691.9%224.6%-119.9%52.3%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Design and development of high-performance, active lidar systems and applications001  
Development contracts   22
Prototype sales   21
Total00143


Price Behavior

Price Behavior
Market Price$1.04 
Market Cap ($ Bil)0.0 
First Trading Date01/11/2021 
Distance from 52W High-68.8% 
   50 Days200 Days
DMA Price$1.23$1.63
DMA Trenddowndown
Distance from DMA-14.9%-35.7%
 3M1YR
Volatility76.4%91.3%
Downside Capture167.52290.01
Upside Capture1.62116.40
Correlation (SPY)23.3%29.0%
LIDR Betas & Captures as of 9/30/2026

 1M2M3M6M1Y3Y
Beta-0.931.061.992.282.101.68
Up Beta2.513.454.782.291.910.63
Down Beta-3.87-2.981.141.932.281.83
Up Capture-65%92%82%165%198%466%
Bmk +ve Days6162766132424
Stock +ve Days8162352112326
Down Capture-134%61%190%253%169%113%
Bmk -ve Days16263760120328
Stock -ve Days11213464127391

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LIDR
LIDR-64.4%91.3%-0.75-
Sector ETF (XLK)39.2%26.5%1.2135.5%
Equity (SPY)16.7%13.0%0.9129.2%
Gold (GLD)3.4%29.6%0.1114.9%
Commodities (DBC)45.0%20.9%1.675.2%
Real Estate (VNQ)2.8%13.7%-0.051.7%
Bitcoin (BTCUSD)-31.7%44.2%-0.7321.9%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LIDR
LIDR-64.0%153.6%-0.06-
Sector ETF (XLK)22.4%25.9%0.7619.2%
Equity (SPY)14.0%17.1%0.6317.0%
Gold (GLD)18.2%18.9%0.784.8%
Commodities (DBC)10.3%19.6%0.402.2%
Real Estate (VNQ)1.3%18.8%-0.0410.7%
Bitcoin (BTCUSD)13.7%52.2%0.4310.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with LIDR
LIDR-43.9%146.0%-0.12-
Sector ETF (XLK)24.8%25.0%0.9018.8%
Equity (SPY)15.4%17.9%0.7316.7%
Gold (GLD)11.6%16.4%0.584.7%
Commodities (DBC)8.3%18.1%0.372.4%
Real Estate (VNQ)4.2%20.7%0.1610.9%
Bitcoin (BTCUSD)63.6%66.2%1.039.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date9152026
Short Interest: Shares Quantity2.8 Mil
Short Interest: % Change Since 831202646.4%
Average Daily Volume14.6 Mil
Days-to-Cover Short Interest1
Basic Shares Quantity45.9 Mil
Short % of Basic Shares6.0%

Returns Analyses

Earnings Returns History

Updated 9/9/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/6/20268.2%4.9%12.3%
5/13/2026-14.4%-24.7%-34.2%
3/16/202618.1%40.0%13.5%
11/6/20253.4%4.7%15.1%
7/31/2025-20.2%-21.3%-21.9%
5/8/20258.0%23.2%41.5%
2/20/2025-8.5%-27.8%-17.7%
11/12/2024-6.6%-21.4%-5.0%
...
SUMMARY STATS   
# Positive1086
# Negative101214
Median Positive8.1%12.5%13.4%
Median Negative-9.3%-21.4%-27.1%
Max Positive35.8%57.7%41.5%
Max Negative-20.2%-37.1%-46.4%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/6/20268.2%4.9%12.3%
5/13/2026-14.4%-24.7%-34.2%
3/16/202618.1%40.0%13.5%
11/6/20253.4%4.7%15.1%
7/31/2025-20.2%-21.3%-21.9%
5/8/20258.0%23.2%41.5%
2/20/2025-8.5%-27.8%-17.7%
11/12/2024-6.6%-21.4%-5.0%
8/5/2024-7.4%-18.5%-16.3%
5/14/202435.8%57.7%-6.5%
3/26/2024-19.1%-16.6%-36.6%
11/9/2023-3.4%-11.5%-32.4%
8/7/2023-5.6%-37.1%-46.1%
5/11/2023-10.1%-17.0%-13.4%
3/15/20232.7%-13.3%-45.5%
11/10/20221.1%8.1%13.2%
8/15/202211.3%-32.3%-46.4%
5/13/202211.8%6.5%-46.3%
3/28/20223.9%16.9%5.5%
11/12/2021-11.2%-22.4%-19.5%
SUMMARY STATS   
# Positive1086
# Negative101214
Median Positive8.1%12.5%13.4%
Median Negative-9.3%-21.4%-27.1%
Max Positive35.8%57.7%41.5%
Max Negative-20.2%-37.1%-46.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/06/202610-Q
03/31/202605/14/202610-Q
12/31/202503/18/202610-K
09/30/202511/07/202510-Q
06/30/202508/08/202510-Q
03/31/202505/12/202510-Q
12/31/202402/24/202510-K
09/30/202411/14/202410-Q
06/30/202408/07/202410-Q
03/31/202405/14/202410-Q
12/31/202303/27/202410-K
09/30/202311/09/202310-Q
06/30/202308/09/202310-Q
03/31/202305/11/202310-Q
12/31/202203/16/202310-K
09/30/202211/10/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/06/202610-Q
03/31/202605/14/202610-Q
12/31/202503/18/202610-K
09/30/202511/07/202510-Q
06/30/202508/08/202510-Q
03/31/202505/12/202510-Q
12/31/202402/24/202510-K
09/30/202411/14/202410-Q
06/30/202408/07/202410-Q
03/31/202405/14/202410-Q
12/31/202303/27/202410-K
09/30/202311/09/202310-Q
06/30/202308/09/202310-Q
03/31/202305/11/202310-Q
12/31/202203/16/202310-K
09/30/202211/10/202210-Q
06/30/202208/15/202210-Q
03/31/202205/13/202210-Q
12/31/202103/28/202210-K
09/30/202111/15/202110-Q

Recent Forward Guidance

Updated 10/4/2026

Latest: Q2 2026 Earnings Reported 8/6/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Cash ConsumptionReported-35.00 Mil-32.50 Mil-30.00 Mil0 AffirmedGuidance: -32.50 Mil for 2026


Prior: Q1 2026 Earnings Reported 5/13/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Cash BurnReported-35.00 Mil-32.50 Mil-30.00 Mil0 AffirmedGuidance: -32.50 Mil for 2026

Q4 2025 Earnings Reported 3/16/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Cash BurnReported-35.00 Mil-32.50 Mil-30.00 Mil16.1% Lower NewGuidance: -28.00 Mil for 2025

Q3 2025 Earnings Reported 11/6/2025

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2025 Cash BurnReported-29.00 Mil-28.00 Mil-27.00 Mil0.0% AffirmedGuidance: -28.00 Mil for 2025

Insider Activity

Updated 9/14/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Fisch, MatthewChief Executive OfficerDirectSell91420261.307,79810,1461,331,258Form
2Dussan, Luis Luis Dussan Trust A U/A/D 5/18/2022Sell121220252.4032,00076,845322,105Form
3Husby, Jonathon B DirectBuy111220252.4010,35024,849227,144Form
4Dussan, Luis Luis Dussan Trust A U/A/D 5/18/2022Sell91220252.6833,61690,047445,018Form
5Dussan, Luis Luis Dussan Trust A U/A/D 5/18/2022Sell91020253.00184552599,244Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Fisch, MatthewChief Executive OfficerDirectSell91420261.307,79810,1461,331,258Form
2Dussan, Luis Luis Dussan Trust A U/A/D 5/18/2022Sell121220252.4032,00076,845322,105Form
3Husby, Jonathon B DirectBuy111220252.4010,35024,849227,144Form
4Dussan, Luis Luis Dussan Trust A U/A/D 5/18/2022Sell91220252.6833,61690,047445,018Form
5Dussan, Luis Luis Dussan Trust A U/A/D 5/18/2022Sell91020253.00184552599,244Form
Core Cache Last Updated: 10/8/2026