Applied Optoelectronics (AAOI) to Release Earnings on Thursday

Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $99.37 million for the quarter. Applied Optoelectronics has set its Q1 2025 guidance at -0.070-0.000 EPS.

Applied Optoelectronics (NASDAQ:AAOI - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The semiconductor company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.07). Applied Optoelectronics had a negative net margin of 38.61% and a negative return on equity of 22.36%. The firm had revenue of $100.27 million for the quarter, compared to analyst estimates of $99.92 million. On average, analysts expect Applied Optoelectronics to post $-1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Applied Optoelectronics Stock Up 1.7 %

AAOI stock traded up $0.25 during mid-day trading on Friday, hitting $14.96. The stock had a trading volume of 4,194,445 shares, compared to its average volume of 3,177,803. Applied Optoelectronics has a 1-year low of $6.70 and a 1-year high of $44.50. The company has a fifty day moving average of $15.53 and a 200 day moving average of $24.71. The company has a current ratio of 1.61, a quick ratio of 1.06 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $830.49 million, a price-to-earnings ratio of -7.26 and a beta of 2.57.

Insider Buying and Selling

In related news, CFO Stefan J. Murry sold 2,000 shares of the business's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $23.06, for a total transaction of $46,120.00. Following the completion of the transaction, the chief financial officer now owns 196,581 shares of the company's stock, valued at approximately $4,533,157.86. The trade was a 1.01 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.96% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts recently weighed in on AAOI shares. StockNews.com upgraded shares of Applied Optoelectronics to a "sell" rating in a research note on Wednesday, February 26th. Rosenblatt Securities reduced their price objective on shares of Applied Optoelectronics from $36.00 to $30.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Raymond James reiterated an "outperform" rating and issued a $20.00 price objective on shares of Applied Optoelectronics in a report on Thursday, April 24th. Finally, B. Riley upgraded Applied Optoelectronics from a "sell" rating to a "neutral" rating and set a $13.00 target price on the stock in a report on Friday, March 7th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Applied Optoelectronics has a consensus rating of "Hold" and a consensus target price of $22.40.

About Applied Optoelectronics

Applied Optoelectronics, Inc designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China. It offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, distribution equipment, and amplifiers.