Should I buy or sell Applied Optoelectronics stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Applied Optoelectronics in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AAOI shares. View AAOI analyst ratings or view top-rated stocks .

What is Applied Optoelectronics' stock price target for 2024?

3 brokers have issued twelve-month price targets for Applied Optoelectronics' shares. Their AAOI share price targets range from $11.50 to $20.00. On average, they anticipate the company's stock price to reach $14.33 in the next twelve months. This suggests that the stock has a possible downside of 16.8%. View analysts price targets for AAOI or view top-rated stocks among Wall Street analysts .

How have AAOI shares performed in 2023?

Applied Optoelectronics' stock was trading at $1.89 at the beginning of 2023. Since then, AAOI shares have increased by 811.1% and is now trading at $17.22. View the best growth stocks for 2023 here .

Are investors shorting Applied Optoelectronics?

Applied Optoelectronics saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 8,530,000 shares, an increase of 14.7% from the October 31st total of 7,440,000 shares. Based on an average daily trading volume, of 2,090,000 shares, the short-interest ratio is presently 4.1 days. View Applied Optoelectronics' Short Interest .

When is Applied Optoelectronics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024. View our AAOI earnings forecast .

How were Applied Optoelectronics' earnings last quarter?

Applied Optoelectronics, Inc. (NASDAQ:AAOI) announced its earnings results on Thursday, November, 9th. The semiconductor company reported ($0.15) earnings per share for the quarter, missing analysts' consensus estimates of ($0.10) by $0.05. The semiconductor company had revenue of $62.55 million for the quarter, compared to analysts' expectations of $62.61 million. Applied Optoelectronics had a negative trailing twelve-month return on equity of 17.89% and a negative net margin of 28.54%.

What is Thompson Lin's approval rating as Applied Optoelectronics' CEO?

29 employees have rated Applied Optoelectronics Chief Executive Officer Thompson Lin on Glassdoor.com . Thompson Lin has an approval rating of 42% among the company's employees. This puts Thompson Lin in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Applied Optoelectronics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Applied Optoelectronics investors own include Micron Technology (MU) , NVIDIA (NVDA) , Advanced Micro Devices (AMD) , Alibaba Group (BABA) , Lumentum (LITE) , Applied Materials (AMAT) , Tesla (TSLA) , Block (SQ) , Netflix (NFLX) and Broadcom (AVGO) .

Who are Applied Optoelectronics' major shareholders?

Applied Optoelectronics' stock is owned by a number of retail and institutional investors. Top institutional investors include Ameriprise Financial Inc. (2.00%), EAM Investors LLC (1.22%), Citigroup Inc. (0.96%), Citigroup Inc. (0.90%), American Century Companies Inc. (0.72%) and Barclays PLC (0.00%). Insiders that own company stock include Che-Wei Lin, Chih-Hsiang (Thompson) Lin, David C Kuo, Hung-Lun (Fred) Chang, Shu-Hua (Joshua) Yeh, Stefan J Murry and William H Yeh. View institutional ownership trends .

How do I buy shares of Applied Optoelectronics?

Shares of AAOI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Does Applied Optoelectronics have any subsidiaries?

The following companies are subsidiares of Applied Optoelectronics: Global Technology, Global Technology Inc., and Prime World International Holdings Ltd.. Read More

Applied Optoelectronics Stock Price, News & Analysis (NASDAQ:AAOI)

$17.22

+1.09 (+6.76%)

(As of 12/6/2023 ET)

Compare

Today's Range: $16.41
▼
$18.66
50-Day Range: $6.87
▼
$17.22
52-Week Range: $1.60
▼
$18.66

Volume: 5.10 million shs
Average Volume: 1.87 million shs
Market Capitalization: $611.95 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $14.33

Applied Optoelectronics MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 16.8% Downside
$14.33 Price Target
Short Interest: Bearish
24.00% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.45
Based on 8 Articles This Week
Insider Trading: Acquiring Shares
$146,850 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.82) to $0.25 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.30 out of 5 stars

Computer And Technology Sector

552nd out of 594 stocks

Semiconductors & Related Devices Industry

74th out of 78 stocks

1.5

Analyst's Opinion

Consensus Rating
Applied Optoelectronics has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.33, Applied Optoelectronics has a forecasted downside of 16.8% from its current price of $17.22.
Amount of Analyst Coverage
Applied Optoelectronics has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
24.00% of the outstanding shares of Applied Optoelectronics have been sold short.
Short Interest Ratio / Days to Cover
Applied Optoelectronics has a short interest ratio ("days to cover") of 4.1.
Change versus previous month
Short interest in Applied Optoelectronics has recently increased by 14.65%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Applied Optoelectronics does not currently pay a dividend.
Dividend Growth
Applied Optoelectronics does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AAOI.

2.5

News and Social Media Coverage

News Sentiment
Applied Optoelectronics has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Applied Optoelectronics this week, compared to 1 article on an average week.
Search Interest
Only 21 people have searched for AAOI on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.
MarketBeat Follows
6 people have added Applied Optoelectronics to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Applied Optoelectronics insiders have bought more of their company's stock than they have sold. Specifically, they have bought $146,850.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 6.10% of the stock of Applied Optoelectronics is held by insiders.
Percentage Held by Institutions
41.54% of the stock of Applied Optoelectronics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Applied Optoelectronics are expected to grow in the coming year, from ($0.82) to $0.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Applied Optoelectronics is -8.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Applied Optoelectronics is -8.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Applied Optoelectronics has a P/B Ratio of 2.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Applied Optoelectronics Stock (NASDAQ:AAOI)

Applied Optoelectronics, Inc. designs, manufactures, and sells various fiber-optic networking products worldwide. It offers optical modules, lasers, subassemblies, transmitters and transceivers, and turn-key equipment, as well as headend, node, and distribution equipment. The company sells its products to internet data center operators, cable television and telecom equipment manufacturers, and internet service providers through its direct and indirect sales channels. Applied Optoelectronics, Inc. was incorporated in 1997 and is headquartered in Sugar Land, Texas.

AAOI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AAOI Stock News Headlines

December 6, 2023 | benzinga.com

Behind the Scenes of Applied Optoelectronics's Latest Options Trends

December 3, 2023 | americanbankingnews.com

Applied Optoelectronics (NASDAQ:AAOI) Sets New 1-Year High at $16.48

December 7, 2023 | Autonomix (Ad)

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December 2, 2023 | americanbankingnews.com

Applied Optoelectronics, Inc. (NASDAQ:AAOI) Sees Large Increase in Short Interest

December 1, 2023 | finance.yahoo.com

Top Technolgy Stocks for Q4 2023

December 1, 2023 | finance.yahoo.com

Applied Optoelectronics Announces Pricing of $80.2 million of Convertible Senior Notes due 2026

November 30, 2023 | benzinga.com

Thinking about trading options or stock in Amazon.com, Snowflake, Alphabet Inc, Applied Optoelectronics, or Nutanix?

November 30, 2023 | markets.businessinsider.com

Why Applied Optoelectronics Stock (AAOI) Is Nosediving

December 7, 2023 | Autonomix (Ad)

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology

November 30, 2023 | finance.yahoo.com

Applied Optoelectronics Announces Proposed Private Offering of $80 Million of Convertible Senior Notes due 2026

November 28, 2023 | seekingalpha.com

Applied Optoelectronics: 2024 Should Be Strong But Downgrading On Valuation

November 27, 2023 | msn.com

Applied Optoelectronics (AAOI) Price Target Increased by 6.35% to 17.09

November 11, 2023 | markets.businessinsider.com

Positive Future Outlook and Solid Q3 Performance Bolster Buy Rating for Applied Optoelectronics

November 10, 2023 | finanznachrichten.de

Applied Optoelectronics, Inc.: Applied Optoelectronics Announces Equity Grants To Employees Under Inducement Plan

November 10, 2023 | finanznachrichten.de

Applied Optoelectronics, Inc.: AOI and Digicomm International Announce Exclusive Distribution Relationship

November 10, 2023 | finance.yahoo.com

Q3 2023 Applied Optoelectronics Inc Earnings Call

November 10, 2023 | finance.yahoo.com

Applied Optoelectronics, Inc. (NASDAQ:AAOI) Q3 2023 Earnings Call Transcript

November 9, 2023 | markets.businessinsider.com

Applied Optoelectronics Reports Third Quarter 2023 Results

November 8, 2023 | seekingalpha.com

Applied Optoelectronics: Q3 Results Should Be Fine, But We're Not Enthused About Going Long

November 8, 2023 | markets.businessinsider.com

Applied Optoelectronics earnings preview: what Wall Street is expecting

October 26, 2023 | seekingalpha.com

Applied Optoelectronics: Returning To Profit May Take Too Long

October 19, 2023 | finance.yahoo.com

Applied Optoelectronics Announces Date of Third Quarter 2023 Financial Results Conference Call

October 5, 2023 | finance.yahoo.com

AOI Launches QuantumLink™ to Revolutionize Remote Management of Cable Amplifiers

October 2, 2023 | finance.yahoo.com

Applied Optoelectronics Amends Patent Infringement Lawsuit

September 29, 2023 | finance.yahoo.com

AAOI Sep 2023 10.500 call

September 26, 2023 | finance.yahoo.com

Why Applied Optoelectronics Inc (AAOI) Stock Can Make a Comeback

September 21, 2023 | markets.businessinsider.com

Analysts’ Top Technology Picks: Symbotic (SYM), Enovix (ENVX)

See More Headlines

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Company Calendar

Last Earnings: 11/09/2023
Today: 12/06/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/22/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:AAOI
CUSIP: N/A
CIK: 1158114
Web: www.ao-inc.com
Phone: (281) 295-1800
Fax: N/A
Employees: 2,213
Year Founded: 1997

Price Target and Rating

Average Stock Price Target: $14.33
High Stock Price Target: $20.00
Low Stock Price Target: $11.50
Potential Upside/Downside: -16.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.11)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-66,400,000.00
Net Margins: -28.54%
Pretax Margin: -28.54%
Return on Equity: -17.89%
Return on Assets: -8.21%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.87
Quick Ratio: 0.51

Sales & Book Value

Annual Sales: $222.82 million
Price / Sales: 2.75
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $6.45 per share
Price / Book: 2.67

Miscellaneous

Outstanding Shares: 35,540,000
Free Float: 33,369,000
Market Cap: $612.00 million
Optionable: Optionable
Beta: 2.01

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Key Executives

Dr. Chih-Hsiang Lin Ph.D. (Age 60)
Founder, Chairman of the Board, President & CEO
Comp: $1.21M
Dr. Stefan J. Murry Ph.D. (Age 50)
CFO & Chief Strategy Officer
Comp: $590.47k
Mr. David C. Kuo (Age 40)
Senior VP, Chief Legal & Compliance Officer and Secretary
Comp: $393.88k
Dr. Hung-Lun Chang (Age 59)
Senior VP & North America General Manager
Comp: $531.63k
Mr. Shu-Hua Yeh (Age 57)
Senior VP & Asia General Manager
Comp: $577.91k
Ms. Lindsay Grant Savarese
Investor Relations
Mr. Todd McCrum
Senior VP & GM of Broadband Access
Ms. Jessica Hung
VP of Finance & Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AAOI Stock Analysis - Frequently Asked Questions

Should I buy or sell Applied Optoelectronics stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Applied Optoelectronics in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AAOI shares.
View AAOI analyst ratings or view top-rated stocks.
What is Applied Optoelectronics' stock price target for 2024?: 3 brokers have issued twelve-month price targets for Applied Optoelectronics' shares. Their AAOI share price targets range from $11.50 to $20.00. On average, they anticipate the company's stock price to reach $14.33 in the next twelve months. This suggests that the stock has a possible downside of 16.8%.
View analysts price targets for AAOI or view top-rated stocks among Wall Street analysts.
How have AAOI shares performed in 2023?: Applied Optoelectronics' stock was trading at $1.89 at the beginning of 2023. Since then, AAOI shares have increased by 811.1% and is now trading at $17.22.
View the best growth stocks for 2023 here.
Are investors shorting Applied Optoelectronics?: Applied Optoelectronics saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 8,530,000 shares, an increase of 14.7% from the October 31st total of 7,440,000 shares. Based on an average daily trading volume, of 2,090,000 shares, the short-interest ratio is presently 4.1 days.
View Applied Optoelectronics' Short Interest.
When is Applied Optoelectronics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024.
View our AAOI earnings forecast.
How were Applied Optoelectronics' earnings last quarter?: Applied Optoelectronics, Inc. (NASDAQ:AAOI) announced its earnings results on Thursday, November, 9th. The semiconductor company reported ($0.15) earnings per share for the quarter, missing analysts' consensus estimates of ($0.10) by $0.05. The semiconductor company had revenue of $62.55 million for the quarter, compared to analysts' expectations of $62.61 million. Applied Optoelectronics had a negative trailing twelve-month return on equity of 17.89% and a negative net margin of 28.54%.

What is Thompson Lin's approval rating as Applied Optoelectronics' CEO?: 29 employees have rated Applied Optoelectronics Chief Executive Officer Thompson Lin on Glassdoor.com. Thompson Lin has an approval rating of 42% among the company's employees. This puts Thompson Lin in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Applied Optoelectronics own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Applied Optoelectronics investors own include Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), Lumentum (LITE), Applied Materials (AMAT), Tesla (TSLA), Block (SQ), Netflix (NFLX) and Broadcom (AVGO).
Who are Applied Optoelectronics' major shareholders?: Applied Optoelectronics' stock is owned by a number of retail and institutional investors. Top institutional investors include Ameriprise Financial Inc. (2.00%), EAM Investors LLC (1.22%), Citigroup Inc. (0.96%), Citigroup Inc. (0.90%), American Century Companies Inc. (0.72%) and Barclays PLC (0.00%). Insiders that own company stock include Che-Wei Lin, Chih-Hsiang (Thompson) Lin, David C Kuo, Hung-Lun (Fred) Chang, Shu-Hua (Joshua) Yeh, Stefan J Murry and William H Yeh.
View institutional ownership trends.
How do I buy shares of Applied Optoelectronics?: Shares of AAOI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
Does Applied Optoelectronics have any subsidiaries?: The following companies are subsidiares of Applied Optoelectronics: Global Technology, Global Technology Inc., and Prime World International Holdings Ltd..
Read More

This page (NASDAQ:AAOI) was last updated on 12/7/2023 by MarketBeat.com Staff

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