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

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

Foresight Autonomous Holdings Ltd. American Depositary Shares Stock Performance

Shares of NASDAQ:FRSX opened at $1.19 on Tuesday. Foresight Autonomous Holdings Ltd. American Depositary Shares has a 52-week low of $1.15 and a 52-week high of $8.23. The company has a market cap of $1.93 million, a P/E ratio of -0.05 and a beta of 0.69. The stock’s 50-day moving average is $1.51 and its 200-day moving average is $2.06.

Analyst Upgrades and Downgrades

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