AEye Stock Jumps After Craig-Hallum Buy Rating Puts LIDR Turnaround in Focus
AEye Inc. shares surged over 30% Friday after Craig-Hallum initiated coverage with a buy rating and $3.50 target. The stock traded at $2.25 in early afternoon, with volume topping 97 million shares. AEye reported 2025 revenue of about $230,000 and a $34 million net loss, with 16 active customers. Paul Berton, formerly of Lucid Motors, joined as vice president of operations and quality.