Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) Issues Earnings Results, Beats Expectations By $7.92 EPS

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) issued its quarterly earnings results on Monday. The company reported ($0.90) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($8.82) by $7.92, FiscalAI reports. The business had revenue of $0.09 million for the quarter, compared to the consensus estimate of $0.30 million.

Foresight Autonomous Holdings Ltd. American Depositary Shares Price Performance

Shares of NASDAQ FRSX opened at $1.19 on Tuesday. Foresight Autonomous Holdings Ltd. American Depositary Shares has a 1-year low of $1.15 and a 1-year high of $8.23. The business has a fifty day moving average price of $1.51 and a 200 day moving average price of $2.06. The stock has a market capitalization of $1.93 million, a P/E ratio of -0.05 and a beta of 0.69.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

About Foresight Autonomous Holdings Ltd. American Depositary Shares

Foresight Autonomous Holdings Ltd. is an Israel‐based technology company specializing in advanced vision and sensing systems for driver assistance and autonomous vehicles. Incorporated in Israel, the company was established to address the growing demand for vision‐first safety solutions within the automotive industry.

Foresight markets two core product lines: a stereo‐camera platform that uses depth perception and image segmentation to detect pedestrians, vehicles and obstacles in real time, and iDAR, an “intelligent detection and ranging” system that blends LiDAR‐style distance measurement with software-driven image analysis.