Thu Jul 24 12:20:00 UTC 2025: ## AEye Stock Soars After Nvidia Integration
**San Francisco, CA -** Shares of AEye (LIDR), a lidar systems company, experienced a dramatic surge on Thursday after announcing the integration of its Apollo lidar product into Nvidia’s (NVDA) DRIVE AGX platform. The news sent LIDR stock soaring by nearly 148% in pre-market trading, demonstrating investor enthusiasm for the partnership.
Lidar, a technology that utilizes laser light to create 3D models of surroundings, is crucial for the development of autonomous vehicles. AEye’s Apollo lidar provides self-driving cars with vital data for navigation and operation.
The integration with Nvidia’s DRIVE AGX platform, a leading AI platform, is considered a significant development for AEye. Nvidia, a prominent player in the AI sector, offers chips and software widely used in the automotive industry. This integration is expected to provide AEye with access to major automakers designing next-generation autonomous vehicles and advanced driver assistance systems (ADAS).
The news spurred heavy trading volume of AEye stock, with over 60 million shares changing hands, significantly surpassing the three-month daily average of 1.65 million shares.
Despite the positive momentum, AEye stock remains down 11.02% year-to-date and 20.98% over the past 12 months.
Wall Street coverage of AEye is limited. However, TipRanks’ AI analyst Spark rates LIDR stock as Neutral with a $1.50 price target, suggesting a potential upside of 32.74%. Spark’s rating cites “challenging financial performance and valuation concerns” as the reasons behind its stance.
First Piper 