Applied Optoelectronics - AAOI Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Applied Optoelectronics in the last year. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AAOI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AAOI, but not buy additional shares or sell existing shares.
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2 Wall Street analysts have issued 12-month target prices for Applied Optoelectronics' shares. Their AAOI share price forecasts range from $2.50 to $6.00. On average, they anticipate the company's stock price to reach $3.77 in the next year. This suggests a possible upside of 31.7% from the stock's current price.
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Applied Optoelectronics' stock was trading at $5.14 on January 1st, 2022. Since then, AAOI shares have decreased by 44.4% and is now trading at $2.86.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
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Applied Optoelectronics, Inc. (NASDAQ:AAOI) posted its quarterly earnings results on Thursday, August, 4th. The semiconductor company reported ($0.36) EPS for the quarter, missing the consensus estimate of ($0.35) by $0.01. The semiconductor company had revenue of $52.30 million for the quarter, compared to analysts' expectations of $57.17 million. Applied Optoelectronics had a negative trailing twelve-month return on equity of 14.74% and a negative net margin of 28.68%.

Applied Optoelectronics updated its third quarter 2022 earnings guidance on Thursday, August, 11th. The company provided earnings per share guidance of -$0.32--$0.27 for the period, compared to the consensus earnings per share estimate of -$0.25. The company issued revenue guidance of $57.00 million-$60.00 million, compared to the consensus revenue estimate of $59.31 million.

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.

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).

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

Applied Optoelectronics' stock is owned by many different institutional and retail investors. Top institutional shareholders include Millennium Management LLC (1.45%), Renaissance Technologies LLC (1.11%), Citadel Advisors LLC (0.00%), PDT Partners LLC (0.14%), Franklin Resources Inc. (0.13%) and Occudo Quantitative Strategies LP (0.10%). Insiders that own company stock include Che-Wei Lin, Chih-Hsiang (Thompson) Lin, David C Kuo, Hung-Lun (Fred) Chang, Shu-Hua (Joshua) Yeh and Stefan J Murry.
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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.
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One share of AAOI stock can currently be purchased for approximately $2.86.

Applied Optoelectronics (NASDAQ:AAOI) has a market capitalization of $79.74 million and generates $211.57 million in revenue each year. The semiconductor company earns $-54,160,000.00 in net income (profit) each year or ($2.22) on an earnings per share basis.

The company employs 2,534 workers across the globe.

Applied Optoelectronics' mailing address is 13139 JESS PIRTLE BLVD, SUGAR LAND TX, 77478. The official website for the company is www.ao-inc.com. The semiconductor company can be reached via phone at (281) 295-1800 or via email at ir@ao-inc.com.