Advanced Energy Industries (NASDAQ:AEIS) Given New $345.00 Price Target at Wells Fargo & Company

Key Points

• Wells Fargo raised its price target on Advanced Energy to $345 while keeping an "equal weight" rating, a target that implies roughly a 3.6% downside from the prior close.
• Q1 results beat expectations — non‑GAAP EPS $2.09 vs. $1.96 and revenue $511M (up ~26% y/y) — but management's Q2 guidance (non‑GAAP EPS $1.93–$2.43) and a $48M inventory build that produced an operating cash outflow have prompted investor concern.
• Sell‑side action is mixed: the stock has a consensus "Moderate Buy" with a $341.50 average target and several firms (Needham, KeyCorp, Baird) lifting targets, while recent insider selling (~$18.6M over 90 days) and a high P/E (~93.7) could pressure sentiment.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) had its target price boosted by investment analysts at Wells Fargo & Company from $340.00 to $345.00 in a report issued on Tuesday,Benzinga reports. The firm currently has an "equal weight" rating on the electronics maker's stock. Wells Fargo & Company's target price indicates a potential downside of 3.56% from the stock's previous close.

AEIS has been the topic of a number of other research reports. Stifel Nicolaus lifted their price target on shares of Advanced Energy Industries from $310.00 to $325.00 and gave the stock a "buy" rating in a report on Wednesday, February 11th. Needham & Company LLC increased their target price on shares of Advanced Energy Industries from $330.00 to $400.00 and gave the stock a "buy" rating in a research report on Tuesday. Zacks Research lowered shares of Advanced Energy Industries from a "strong-buy" rating to a "hold" rating in a research report on Thursday, April 9th. Robert W. Baird raised their price objective on shares of Advanced Energy Industries from $360.00 to $380.00 and gave the stock an "outperform" rating in a report on Tuesday. Finally, KeyCorp increased their target price on Advanced Energy Industries from $375.00 to $415.00 and gave the stock an "overweight" rating in a research report on Tuesday. Eight research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $341.50.

Advanced Energy Industries Stock Performance

AEIS opened at $357.75 on Tuesday. Advanced Energy Industries has a fifty-two week low of $106.48 and a fifty-two week high of $397.44. The firm has a 50-day moving average of $341.89 and a 200 day moving average of $269.24. The firm has a market cap of $13.54 billion, a P/E ratio of 93.72, a PEG ratio of 2.85 and a beta of 1.40.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The electronics maker reported $2.09 EPS for the quarter, topping the consensus estimate of $1.96 by $0.13. The business had revenue of $511.00 million for the quarter, compared to analyst estimates of $505.81 million. Advanced Energy Industries had a net margin of 8.25% and a return on equity of 15.72%. The company's revenue for the quarter was up 26.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.23 earnings per share. Advanced Energy Industries has set its Q2 2026 guidance at 1.930-2.430 EPS. Equities research analysts predict that Advanced Energy Industries will post 7.05 earnings per share for the current fiscal year.

Insider Transactions at Advanced Energy Industries

In other news, EVP Paul R. Oldham sold 4,314 shares of the company's stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $315.99, for a total value of $1,363,180.86. Following the transaction, the executive vice president owned 22,217 shares of the company's stock, valued at approximately $7,020,349.83. This represents a 16.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Brian Shirley sold 1,234 shares of the stock in a transaction on Friday, March 13th. The stock was sold at an average price of $310.19, for a total value of $382,774.46. Following the completion of the sale, the director owned 5,584 shares in the company, valued at $1,732,100.96. This trade represents a 18.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 58,478 shares of company stock worth $18,567,013. 1.30% of the stock is owned by corporate insiders.

Institutional Trading of Advanced Energy Industries

Institutional investors and hedge funds have recently modified their holdings of the business. Hillsdale Investment Management Inc. boosted its position in shares of Advanced Energy Industries by 2,644.4% during the 1st quarter. Hillsdale Investment Management Inc. now owns 1,235 shares of the electronics maker's stock valued at $399,000 after acquiring an additional 1,190 shares during the last quarter. State of Michigan Retirement System bought a new position in shares of Advanced Energy Industries in the first quarter worth approximately $2,937,000. Y.D. More Investments Ltd purchased a new stake in Advanced Energy Industries in the first quarter valued at approximately $420,000. Teachers Retirement System of The State of Kentucky lifted its position in Advanced Energy Industries by 13.3% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 13,701 shares of the electronics maker's stock valued at $4,422,000 after purchasing an additional 1,613 shares during the last quarter. Finally, Diversify Wealth Management LLC bought a new stake in Advanced Energy Industries during the first quarter valued at approximately $333,000. Hedge funds and other institutional investors own 99.67% of the company's stock.

Advanced Energy Industries News Summary

Here are the key news stories impacting Advanced Energy Industries this week:

• Positive Sentiment: Q1 results topped expectations — non‑GAAP EPS $2.09 vs. consensus ~ $1.96 and revenue $511M (up ~26% year‑over‑year). Management highlighted gross margin >40% as a milestone, which supports the company's profitability narrative. Business Wire: Q1 Results
• Positive Sentiment: Needham raised its price target markedly to $400 and reiterated a Buy rating — a bullish signal from a sell‑side shop that can support longer‑term upside sentiment. Benzinga: Needham PT Raise
• Neutral Sentiment: Robert W. Baird also lifted its target to $380 and kept an Outperform rating — a favorable read but its target is close to (or slightly under) recent price levels, so the immediate impact is mixed. Benzinga: Baird PT The Fly TickerReport
• Neutral Sentiment: Company published the full earnings slide deck and call transcript (useful for investors digging into margins, inventory and end-market demand). Slide Deck Earnings Call Transcript
• Negative Sentiment: Q2 guidance was somewhat tepid at the low end: revenue $520M–$560M and non‑GAAP EPS $1.93–$2.43 (low end slightly below consensus). That softer low‑end guidance appears to have triggered profit‑taking after the strong run-up. Company Guidance
• Negative Sentiment: Investors flagged quality‑of‑earnings concerns: Q1 operating cash flow was an outflow (~$6M) tied to a $48M inventory build to support demand — this raised near‑term cash and execution questions. Market analysis points to these items as reasons for the sell‑off. QuiverQuant: Analysis
• Negative Sentiment: Significant insider selling activity is visible in recent months (multiple executives sold shares), which can amplify negative sentiment even if sales are routine. QuiverQuant: Insider Trades

About Advanced Energy Industries

Advanced Energy Industries, Inc is a global technology company specializing in precision power conversion, measurement, and control solutions. The company designs and manufactures a broad portfolio of products including high-voltage power supplies, RF and microwave generators, digital power controllers, reactive gas control systems, and thin film measurement instruments. These solutions enable advanced processes in semiconductor fabrication, flat panel display manufacturing, industrial coating, data storage, telecommunications and medical device production.

Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy has grown through strategic product development and international expansion.

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