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 shares have increased by 22.5% and is now trading at $8.61. 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) issued its quarterly earnings data on Thursday, May, 7th. The semiconductor company reported ($0.44) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.54) by $0.10. The semiconductor company had revenue of $40.47 million for the quarter, compared to analyst estimates of $45.03 million. Applied Optoelectronics had a negative net margin of 40.52% and a negative return on equity of 11.37%. View Applied Optoelectronics' earnings history.

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

5 analysts have issued 1-year price targets for Applied Optoelectronics' shares. Their forecasts range from $6.50 to $11.00. On average, they expect Applied Optoelectronics' share price to reach $9.60 in the next twelve months. This suggests a possible upside of 11.5% from the stock's current price. View analysts' price targets for Applied Optoelectronics.

News stories about AAOI stock have been trending extremely negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Applied Optoelectronics earned a daily sentiment score of -4.5 on InfoTrie's scale. They also gave headlines about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutApplied Optoelectronics.

Some companies that are related to Applied Optoelectronics include JinkoSolar (JKS), Smart Global (SGH), Daqo New Energy (DQ), Himax Technologies (HIMX), Sitime (SITM), Ichor (ICHR), NeoPhotonics (NPTN), DSP Group (DSPG), Magnachip Semiconductor (MX), Adesto Technologies (IOTS), NVE (NVEC), Alpha and Omega Semiconductor (AOSL), AXT (AXTI), GSI Technology (GSIT) and Atomera (ATOM). 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 institutional and retail investors. Top institutional shareholders include Morgan Stanley (4.37%), State Street Corp (2.89%), Polar Asset Management Partners Inc. (2.20%), Bank of New York Mellon Corp (1.01%), JPMorgan Chase & Co. (0.79%) and Principal Financial Group Inc. (0.72%). Company insiders that own Applied Optoelectronics stock include Chih-Hsiang (Thompson) Lin, David C Kuo and Stefan J Murry. View institutional ownership trends for Applied Optoelectronics.

AAOI stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Canada Pension Plan Investment Board, Parametric Portfolio Associates LLC, UBS Group AG, Teza Capital Management LLC, New York State Common Retirement Fund, Raymond James & Associates, and Principal Financial Group Inc.. Company insiders that have sold Applied Optoelectronics company stock in the last year include Chih-Hsiang (Thompson) Lin, David C Kuo, and Stefan J Murry. View insider buying and selling activity for Applied Optoelectronics.

AAOI stock was purchased by a variety of institutional investors in the last quarter, including Polar Asset Management Partners Inc., JPMorgan Chase & Co., Morgan Stanley, Aigen Investment Management LP, State Street Corp, AXA, Advisor Group Holdings Inc., and Dynamic Technology Lab Private 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 $8.61.

Applied Optoelectronics has a market capitalization of $175.13 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]