20 Hidden Gem AI Stocks

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15. AudioEye, Inc. (NASDAQ:AEYE)

Number of Hedge Fund Holders: 4 

AudioEye, Inc. (NASDAQ:AEYE) provides patented, internet content publication, distribution software, and related services to Internet and other media to people in the United States. The firm recently announced that it had acquired ADA Site Compliance, an ADA website accessibility compliance solution. David Moradi, the CEO of the firm, said the goal was to replicate the success of integrating the 2022 acquisition of the Bureau of Internet Accessibility, where the firm deepened customer relationships and increased ARR. The firm offers AI-driven solutions to help businesses create websites that are accessible and compliant with the Web Content Accessibility Guidelines. Prominent customers include Samsung and Calvin Klein.

HC Wainwright recently raised the price target on AudioEye, Inc. (NASDAQ:AEYE) stock to $28 from $23 and kept a Buy rating on the shares. The advisory said the company’s accretive ADA Site Compliance acquisition brings cross-selling opportunities.

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