Applied Optoelectronics, Inc. (NASDAQ:AAOI) Receives $139.40 Consensus PT from Analysts

Applied Optoelectronics, Inc. (NASDAQ:AAOI) has earned a consensus recommendation of “Hold” from the six analysts that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $139.40.

AAOI has been the subject of a number of analyst reports. Weiss Ratings cut Applied Optoelectronics from a “sell (d-)” rating to a “sell (e+)” rating in a report on Monday, August 17th. Raymond James Financial reissued an “outperform” rating and issued a $178.00 price target on shares of Applied Optoelectronics in a research note on Tuesday, August 11th. B. Riley Financial reissued a “neutral” rating on shares of Applied Optoelectronics in a research note on Friday, August 7th. Needham & Company LLC reduced their price target on shares of Applied Optoelectronics from $220.00 to $190.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $220.00 price objective on shares of Applied Optoelectronics in a report on Friday, August 7th.

Insider Buying and Selling at Applied Optoelectronics

In related news, insider Shu-Hua Yeh sold 6,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $171.89, for a total value of $1,031,340.00. Following the completion of the transaction, the insider directly owned 394,207 shares in the company, valued at approximately $67,760,241.23. This represents a 1.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Stefan Murry sold 4,000 shares of the stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $105.33, for a total transaction of $421,320.00. Following the transaction, the chief financial officer directly owned 367,168 shares of the company’s stock, valued at approximately $38,673,805.44. This trade represents a 1.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 98,501 shares of company stock worth $14,003,877 in the last ninety days. 3.80% of the stock is owned by insiders.

Institutional Trading of Applied Optoelectronics

Several hedge funds have recently added to or reduced their stakes in AAOI. Geneos Wealth Management Inc. raised its holdings in shares of Applied Optoelectronics by 1.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 18,072 shares of the semiconductor company’s stock valued at $1,529,000 after buying an additional 243 shares during the period. Allworth Financial LP lifted its position in shares of Applied Optoelectronics by 68.8% during the second quarter. Allworth Financial LP now owns 596 shares of the semiconductor company’s stock worth $88,000 after purchasing an additional 243 shares in the last quarter. Comerica Bank lifted its position in shares of Applied Optoelectronics by 27.6% during the fourth quarter. Comerica Bank now owns 1,386 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 300 shares in the last quarter. EFG International AG purchased a new position in shares of Applied Optoelectronics in the second quarter valued at $44,000. Finally, Persistent Asset Partners Ltd purchased a new position in shares of Applied Optoelectronics in the second quarter valued at $47,000. Institutional investors and hedge funds own 61.70% of the company’s stock.

Applied Optoelectronics Price Performance

NASDAQ:AAOI opened at $103.29 on Tuesday. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.78 and a quick ratio of 2.13. The company has a 50 day moving average price of $114.74 and a 200-day moving average price of $131.55. Applied Optoelectronics has a 1-year low of $18.50 and a 1-year high of $233.67. The firm has a market cap of $8.74 billion, a price-to-earnings ratio of -132.42 and a beta of 3.79.

Applied Optoelectronics (NASDAQ:AAOI) last announced its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. The firm had revenue of $191.92 million for the quarter, compared to the consensus estimate of $190.48 million. Applied Optoelectronics had a negative net margin of 9.57% and a negative return on equity of 1.98%. The firm’s quarterly revenue was up 86.3% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.16) earnings per share. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. Equities research analysts forecast that Applied Optoelectronics will post 0.55 EPS for the current year.

About Applied Optoelectronics

Applied Optoelectronics, Inc develops and manufactures fiber-optic networking products and components. Its offerings include optical transceivers, transponders, modules and related equipment used to transmit data over fiber-optic networks.

The company serves several communications markets, including data centers, telecommunications, broadband access and cable television. Its products support applications such as high-speed data transmission, cloud computing, network infrastructure and fiber-based broadband services.

Founded in 1997 and headquartered in Sugar Land, Texas, Applied Optoelectronics serves customers in North America, Asia and other international markets.