Advanced Energy Industries (NASDAQ:AEIS) Stock Price Target Cut by Citigroup

Key Points

• Citigroup lowered its price target for Advanced Energy Industries from $460 to $450 while maintaining a “buy” rating, implying 87.77% upside from the prior close.
• Analyst sentiment remains broadly positive: 11 analysts rate AEIS a Buy and three rate it Hold, producing a consensus “Moderate Buy” rating and average price target of $377.75.
• Advanced Energy reported stronger-than-expected quarterly results, with EPS of $3.65 versus the $3.04 consensus and revenue of $696.4 million, up 50.3% year over year; shares rose 10.3% to $239.66 in Tuesday trading.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) had its target price decreased by Citigroup from $460.00 to $450.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The firm presently has a "buy" rating on the electronics maker's stock. Citigroup's target price would indicate a potential upside of 87.77% from the company's previous close.

A number of other research analysts also recently commented on AEIS. Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Advanced Energy Industries in a research report on Tuesday. Seaport Research Partners upgraded shares of Advanced Energy Industries from a "neutral" rating to a "buy" rating and set a $410.00 price objective on the stock in a research report on Tuesday, August 4th. Needham & Company LLC reaffirmed a "buy" rating and issued a $400.00 price objective on shares of Advanced Energy Industries in a report on Tuesday, August 4th. Wells Fargo & Company lowered their price target on shares of Advanced Energy Industries from $360.00 to $310.00 and set an "overweight" rating on the stock in a research note on Tuesday. Finally, Robert W. Baird dropped their price objective on Advanced Energy Industries from $410.00 to $330.00 and set an "outperform" rating for the company in a research note on Tuesday. Eleven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $377.75.

Advanced Energy Industries Trading Up 10.3%

Shares of NASDAQ:AEIS traded up $22.47 during midday trading on Tuesday, reaching $239.66. 658,582 shares of the company's stock were exchanged, compared to its average volume of 742,029. The firm's 50 day simple moving average is $265.86 and its two-hundred day simple moving average is $307.14. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.79 and a quick ratio of 2.94. The stock has a market cap of $9.60 billion, a price-to-earnings ratio of 44.58 and a beta of 1.31. Advanced Energy Industries has a fifty-two week low of $187.71 and a fifty-two week high of $397.44.

Advanced Energy Industries (NASDAQ:AEIS - Get Free Report) last released its quarterly earnings results on Monday, November 2nd. The electronics maker reported $3.65 EPS for the quarter, topping the consensus estimate of $3.04 by $0.61. The business had revenue of $696.40 million during the quarter, compared to analyst estimates of $644.85 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%. The company's quarterly revenue was up 50.3% on a year-over-year basis. During the same period last year, the business posted $1.74 earnings per share. As a group, sell-side analysts forecast that Advanced Energy Industries will post 9.55 EPS for the current fiscal year.

Insider Buying and Selling

In related news, COO Eduardo Acebedo sold 24,771 shares of Advanced Energy Industries stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $315.48, for a total transaction of $7,814,755.08. Following the sale, the chief operating officer owned 23,109 shares of the company's stock, valued at $7,290,427.32. The trade was a 51.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Elizabeth Vonne sold 908 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $332.68, for a total transaction of $302,073.44. Following the transaction, the executive vice president owned 10,712 shares in the company, valued at $3,563,668.16. This trade represents a 7.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 27,218 shares of company stock valued at $8,562,008. 1.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Advanced Energy Industries during the second quarter worth about $27,000. Whittier Trust Co. of Nevada Inc. bought a new position in Advanced Energy Industries during the first quarter worth $29,000. Root Financial Partners LLC grew its stake in Advanced Energy Industries by 33.3% in the 1st quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker's stock valued at $35,000 after buying an additional 27 shares during the last quarter. Fortitude Family Office LLC lifted its position in Advanced Energy Industries by 286.2% during the third quarter. Fortitude Family Office LLC now owns 112 shares of the electronics maker's stock worth $32,000 after acquiring an additional 83 shares during the last quarter. Finally, Meeder Asset Management Inc. bought a new stake in Advanced Energy Industries in the 2nd quarter valued at $42,000. Institutional investors and hedge funds own 99.67% of the company's stock.

Trending Headlines about Advanced Energy Industries

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

• Positive Sentiment: Third-quarter adjusted earnings reached $3.65 per share, well above the $3.04 analyst consensus and more than double the $1.74 reported a year earlier. Revenue rose 50.3% year over year to $696.4 million, exceeding expectations of $644.85 million. Advanced Energy third-quarter earnings report
• Positive Sentiment: Advanced Energy guided for fourth-quarter earnings of $3.60–$4.20 per share and revenue of $710 million–$760 million, both above Wall Street estimates of $3.31 and $693.2 million, respectively.
• Positive Sentiment: Management raised its 2026 revenue-growth outlook to approximately 40%, citing accelerating demand from semiconductor customers and AI data centers. Record sales and operating leverage also drove a sharp improvement in profitability. AEIS Q3 earnings call highlights
• Neutral Sentiment: Morgan Stanley maintained an “overweight” rating while lowering its price target to $368 from $375. Robert W. Baird also retained an “outperform” rating but reduced its target to $330 from $410, indicating analysts remain bullish despite more cautious valuation assumptions.
• Negative Sentiment: TD Cowen downgraded its outlook to “hold” and cut its price target sharply to $275 from $370. The target reductions suggest some analysts believe the strong earnings outlook is already partly reflected in AEIS’s valuation.

About Advanced Energy Industries

Advanced Energy Industries, Inc develops and manufactures precision power-conversion, measurement and control technologies. Its products are designed to regulate, transform and deliver electrical power with high levels of accuracy and reliability in demanding industrial applications.

The company's portfolio includes direct-current and alternating-current power supplies, radio-frequency power systems, high-voltage power supplies, thermal-management equipment, power control modules, and measurement and control instruments.

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