NASDAQ:AAOIApplied Optoelectronics Stock Price, Forecast & News

Applied Optoelectronics' stock was trading at $7.0301 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, AAOI stock has increased by 52.3% and is now trading at $10.71. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Optoelectronics in the last year. There are currently 2 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Applied Optoelectronics.

Applied Optoelectronics is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Applied Optoelectronics.

Applied Optoelectronics Inc (NASDAQ:AAOI) announced its earnings results on Thursday, May, 7th. The semiconductor company reported ($0.44) EPS for the quarter, topping the consensus estimate of ($0.54) by $0.10. The semiconductor company had revenue of $40.47 million for the quarter, compared to the consensus estimate of $45.03 million. Applied Optoelectronics had a negative return on equity of 11.37% and a negative net margin of 40.52%. View Applied Optoelectronics' earnings history.

Applied Optoelectronics updated its second quarter 2020 After-Hours earnings guidance on Thursday, May, 7th. The company provided earnings per share (EPS) guidance of -0.28--0.2 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.25. The company issued revenue guidance of $55-60 million, compared to the consensus revenue estimate of $50.83 million.

5 brokers have issued 1-year price objectives for Applied Optoelectronics' shares. Their forecasts range from $6.50 to $11.00. On average, they expect Applied Optoelectronics' stock price to reach $9.60 in the next year. This suggests that the stock has a possible downside of 10.4%. View analysts' price targets for Applied Optoelectronics.

Media coverage about AAOI stock has been trending somewhat negative on Tuesday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Applied Optoelectronics earned a coverage optimism score of -1.5 on InfoTrie's scale. They also gave headlines about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Applied Optoelectronics.

Applied Optoelectronics saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 5,550,000 shares, a decrease of 15.5% from the May 31st total of 6,570,000 shares. Based on an average trading volume of 771,400 shares, the days-to-cover ratio is presently 7.2 days. Currently, 30.0% of the shares of the stock are sold short. View Applied Optoelectronics' Current Options Chain.

Some companies that are related to Applied Optoelectronics include Nlight (LASR), CEVA (CEVA), Sitime (SITM), Photronics (PLAB), Xperi (XPER), Smart Global (SGH), Himax Technologies (HIMX), Ichor (ICHR), NeoPhotonics (NPTN), Adesto Technologies (IOTS), DSP Group (DSPG), Magnachip Semiconductor (MX), Ebang (EBON), NVE (NVEC) and Alpha and Omega Semiconductor (AOSL). View all competitors.

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

Applied Optoelectronics trades on the NASDAQ under the ticker symbol "AAOI."

Applied Optoelectronics' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Harel Insurance Investments & Financial Services Ltd. (0.07%). Company insiders that own Applied Optoelectronics stock include Chih-Hsiang (Thompson) Lin, David C Kuo, Hung-Lun (Fred) Chang and Stefan J Murry. View institutional ownership trends for Applied Optoelectronics.

AAOI stock was purchased by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd.. View insider buying and selling activity for Applied Optoelectronics.

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

One share of AAOI stock can currently be purchased for approximately $10.71.

Applied Optoelectronics has a market capitalization of $217.84 million and generates $190.87 million in revenue each year. The semiconductor company earns $-66,050,000.00 in net income (profit) each year or ($1.45) on an earnings per share basis. Applied Optoelectronics employs 3,115 workers across the globe.

The official website for Applied Optoelectronics is www.ao-inc.com.

Applied Optoelectronics' mailing address is 13139 JESS PIRTLE BLVD, SUGAR LAND TX, 77478. The semiconductor company can be reached via phone at 281-295-1800 or via email at [email protected]