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Applied Optoelectronics (AAOI) Competitors

Applied Optoelectronics logo
$169.05 0.00 (0.00%)
Closing price 06/12/2026 04:00 PM Eastern
Extended Trading
$170.33 +1.28 (+0.76%)
As of 06/12/2026 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

AAOI vs. FLEX, ALAB, CBRS, UMC, and ON

Should you buy Applied Optoelectronics stock or one of its competitors? MarketBeat compares Applied Optoelectronics with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Applied Optoelectronics include Flex (FLEX), Astera Labs (ALAB), Cerebras Systems (CBRS), United Microelectronics (UMC), and onsemi (ON). These companies are all part of the "electronic equipment" industry.

How does Applied Optoelectronics compare to Flex?

Applied Optoelectronics (NASDAQ:AAOI) and Flex (NASDAQ:FLEX) are both large-cap computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, media sentiment, analyst recommendations, risk, dividends, institutional ownership, earnings and profitability.

In the previous week, Flex had 13 more articles in the media than Applied Optoelectronics. MarketBeat recorded 41 mentions for Flex and 28 mentions for Applied Optoelectronics. Flex's average media sentiment score of 1.12 beat Applied Optoelectronics' score of 0.55 indicating that Flex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Applied Optoelectronics
12 Very Positive mention(s)
4 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Flex
27 Very Positive mention(s)
2 Positive mention(s)
10 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Flex has a net margin of 3.15% compared to Applied Optoelectronics' net margin of -8.55%. Flex's return on equity of 22.12% beat Applied Optoelectronics' return on equity.

Company Net Margins Return on Equity Return on Assets
Applied Optoelectronics-8.55% -4.64% -2.90%
Flex 3.15%22.12%5.53%

Applied Optoelectronics currently has a consensus price target of $79.80, suggesting a potential downside of 52.80%. Flex has a consensus price target of $115.70, suggesting a potential downside of 22.72%. Given Flex's stronger consensus rating and higher possible upside, analysts plainly believe Flex is more favorable than Applied Optoelectronics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Applied Optoelectronics
1 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.29
Flex
0 Sell rating(s)
2 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.92

61.7% of Applied Optoelectronics shares are held by institutional investors. Comparatively, 94.3% of Flex shares are held by institutional investors. 3.8% of Applied Optoelectronics shares are held by company insiders. Comparatively, 0.6% of Flex shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Flex has higher revenue and earnings than Applied Optoelectronics. Applied Optoelectronics is trading at a lower price-to-earnings ratio than Flex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Applied Optoelectronics$455.71M29.77-$38.23M-$0.66N/A
Flex$27.91B1.96$880M$2.3364.25

Applied Optoelectronics has a beta of 3.67, meaning that its stock price is 267% more volatile than the broader market. Comparatively, Flex has a beta of 1.63, meaning that its stock price is 63% more volatile than the broader market.

Summary

Flex beats Applied Optoelectronics on 14 of the 17 factors compared between the two stocks.

How does Applied Optoelectronics compare to Astera Labs?

Astera Labs (NASDAQ:ALAB) and Applied Optoelectronics (NASDAQ:AAOI) are both large-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, analyst recommendations, profitability, institutional ownership, valuation, risk, dividends and media sentiment.

60.5% of Astera Labs shares are owned by institutional investors. Comparatively, 61.7% of Applied Optoelectronics shares are owned by institutional investors. 10.4% of Astera Labs shares are owned by company insiders. Comparatively, 3.8% of Applied Optoelectronics shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Astera Labs currently has a consensus target price of $233.75, suggesting a potential downside of 36.33%. Applied Optoelectronics has a consensus target price of $79.80, suggesting a potential downside of 52.80%. Given Astera Labs' stronger consensus rating and higher probable upside, analysts clearly believe Astera Labs is more favorable than Applied Optoelectronics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Astera Labs
0 Sell rating(s)
11 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.52
Applied Optoelectronics
1 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.29

Astera Labs has higher revenue and earnings than Applied Optoelectronics. Applied Optoelectronics is trading at a lower price-to-earnings ratio than Astera Labs, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Astera Labs$852.53M73.82$219.13M$1.48248.07
Applied Optoelectronics$455.71M29.77-$38.23M-$0.66N/A

In the previous week, Astera Labs had 3 more articles in the media than Applied Optoelectronics. MarketBeat recorded 31 mentions for Astera Labs and 28 mentions for Applied Optoelectronics. Astera Labs' average media sentiment score of 0.91 beat Applied Optoelectronics' score of 0.55 indicating that Astera Labs is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Astera Labs
18 Very Positive mention(s)
5 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Applied Optoelectronics
12 Very Positive mention(s)
4 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Astera Labs has a net margin of 26.72% compared to Applied Optoelectronics' net margin of -8.55%. Astera Labs' return on equity of 18.49% beat Applied Optoelectronics' return on equity.

Company Net Margins Return on Equity Return on Assets
Astera Labs26.72% 18.49% 16.60%
Applied Optoelectronics -8.55%-4.64%-2.90%

Astera Labs has a beta of 3.94, suggesting that its stock price is 294% more volatile than the broader market. Comparatively, Applied Optoelectronics has a beta of 3.67, suggesting that its stock price is 267% more volatile than the broader market.

Summary

Astera Labs beats Applied Optoelectronics on 15 of the 16 factors compared between the two stocks.

How does Applied Optoelectronics compare to Cerebras Systems?

Applied Optoelectronics (NASDAQ:AAOI) and Cerebras Systems (NASDAQ:CBRS) are both large-cap electronic equipment companies, but which is the better investment? We will contrast the two businesses based on the strength of their media sentiment, risk, analyst recommendations, valuation, institutional ownership, profitability, earnings and dividends.

Cerebras Systems has higher revenue and earnings than Applied Optoelectronics.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Applied Optoelectronics$455.71M29.77-$38.23M-$0.66N/A
Cerebras Systems$509.99M90.26N/AN/AN/A

61.7% of Applied Optoelectronics shares are held by institutional investors. 3.8% of Applied Optoelectronics shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

In the previous week, Cerebras Systems had 9 more articles in the media than Applied Optoelectronics. MarketBeat recorded 37 mentions for Cerebras Systems and 28 mentions for Applied Optoelectronics. Cerebras Systems' average media sentiment score of 0.57 beat Applied Optoelectronics' score of 0.55 indicating that Cerebras Systems is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Applied Optoelectronics
12 Very Positive mention(s)
4 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Cerebras Systems
5 Very Positive mention(s)
5 Positive mention(s)
14 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

Cerebras Systems has a net margin of 0.00% compared to Applied Optoelectronics' net margin of -8.55%. Cerebras Systems' return on equity of 0.00% beat Applied Optoelectronics' return on equity.

Company Net Margins Return on Equity Return on Assets
Applied Optoelectronics-8.55% -4.64% -2.90%
Cerebras Systems N/A N/A N/A

Applied Optoelectronics presently has a consensus price target of $79.80, suggesting a potential downside of 52.80%. Cerebras Systems has a consensus price target of $294.00, suggesting a potential upside of 37.38%. Given Cerebras Systems' stronger consensus rating and higher probable upside, analysts plainly believe Cerebras Systems is more favorable than Applied Optoelectronics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Applied Optoelectronics
1 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.29
Cerebras Systems
0 Sell rating(s)
1 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
3.00

Summary

Cerebras Systems beats Applied Optoelectronics on 11 of the 13 factors compared between the two stocks.

How does Applied Optoelectronics compare to United Microelectronics?

Applied Optoelectronics (NASDAQ:AAOI) and United Microelectronics (NYSE:UMC) are both large-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, media sentiment, valuation, institutional ownership, dividends, analyst recommendations, risk and earnings.

United Microelectronics has a net margin of 20.71% compared to Applied Optoelectronics' net margin of -8.55%. United Microelectronics' return on equity of 13.67% beat Applied Optoelectronics' return on equity.

Company Net Margins Return on Equity Return on Assets
Applied Optoelectronics-8.55% -4.64% -2.90%
United Microelectronics 20.71%13.67%8.85%

Applied Optoelectronics has a beta of 3.67, suggesting that its share price is 267% more volatile than the broader market. Comparatively, United Microelectronics has a beta of 1.61, suggesting that its share price is 61% more volatile than the broader market.

United Microelectronics has higher revenue and earnings than Applied Optoelectronics. Applied Optoelectronics is trading at a lower price-to-earnings ratio than United Microelectronics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Applied Optoelectronics$455.71M29.77-$38.23M-$0.66N/A
United Microelectronics$7.57B7.22$1.29B$0.6533.37

Applied Optoelectronics presently has a consensus target price of $79.80, suggesting a potential downside of 52.80%. United Microelectronics has a consensus target price of $8.60, suggesting a potential downside of 60.35%. Given Applied Optoelectronics' stronger consensus rating and higher possible upside, research analysts plainly believe Applied Optoelectronics is more favorable than United Microelectronics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Applied Optoelectronics
1 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.29
United Microelectronics
3 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.25

In the previous week, Applied Optoelectronics had 27 more articles in the media than United Microelectronics. MarketBeat recorded 28 mentions for Applied Optoelectronics and 1 mentions for United Microelectronics. Applied Optoelectronics' average media sentiment score of 0.55 beat United Microelectronics' score of 0.40 indicating that Applied Optoelectronics is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Applied Optoelectronics
12 Very Positive mention(s)
4 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
United Microelectronics
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

61.7% of Applied Optoelectronics shares are held by institutional investors. Comparatively, 5.1% of United Microelectronics shares are held by institutional investors. 3.8% of Applied Optoelectronics shares are held by insiders. Comparatively, 8.0% of United Microelectronics shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

Applied Optoelectronics and United Microelectronics tied by winning 8 of the 16 factors compared between the two stocks.

How does Applied Optoelectronics compare to onsemi?

Applied Optoelectronics (NASDAQ:AAOI) and onsemi (NASDAQ:ON) are both large-cap computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, analyst recommendations, earnings, dividends, risk, institutional ownership, media sentiment and valuation.

61.7% of Applied Optoelectronics shares are held by institutional investors. Comparatively, 97.7% of onsemi shares are held by institutional investors. 3.8% of Applied Optoelectronics shares are held by insiders. Comparatively, 0.4% of onsemi shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

onsemi has higher revenue and earnings than Applied Optoelectronics. Applied Optoelectronics is trading at a lower price-to-earnings ratio than onsemi, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Applied Optoelectronics$455.71M29.77-$38.23M-$0.66N/A
onsemi$6.00B7.63$121M$1.4182.83

In the previous week, onsemi had 207 more articles in the media than Applied Optoelectronics. MarketBeat recorded 235 mentions for onsemi and 28 mentions for Applied Optoelectronics. onsemi's average media sentiment score of 0.96 beat Applied Optoelectronics' score of 0.55 indicating that onsemi is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Applied Optoelectronics
12 Very Positive mention(s)
4 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
onsemi
131 Very Positive mention(s)
54 Positive mention(s)
24 Neutral mention(s)
18 Negative mention(s)
7 Very Negative mention(s)
Positive

onsemi has a net margin of 9.46% compared to Applied Optoelectronics' net margin of -8.55%. onsemi's return on equity of 12.79% beat Applied Optoelectronics' return on equity.

Company Net Margins Return on Equity Return on Assets
Applied Optoelectronics-8.55% -4.64% -2.90%
onsemi 9.46%12.79%7.80%

Applied Optoelectronics currently has a consensus price target of $79.80, suggesting a potential downside of 52.80%. onsemi has a consensus price target of $92.96, suggesting a potential downside of 20.40%. Given onsemi's stronger consensus rating and higher possible upside, analysts clearly believe onsemi is more favorable than Applied Optoelectronics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Applied Optoelectronics
1 Sell rating(s)
3 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.29
onsemi
1 Sell rating(s)
14 Hold rating(s)
14 Buy rating(s)
1 Strong Buy rating(s)
2.50

Applied Optoelectronics has a beta of 3.67, indicating that its share price is 267% more volatile than the broader market. Comparatively, onsemi has a beta of 1.97, indicating that its share price is 97% more volatile than the broader market.

Summary

onsemi beats Applied Optoelectronics on 14 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding AAOI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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AAOI vs. The Competition

MetricApplied OptoelectronicsELEC COMP IndustryComputer SectorNASDAQ Exchange
Market Cap$13.56B$73.14B$38.78B$12.05B
Dividend YieldN/A1.02%3.16%5.66%
P/E Ratio-256.1494.3080.7624.42
Price / Sales29.77154.12636.25118.72
Price / Cash6,785.84266.1749.0237.92
Price / Book15.7310.619.836.82
Net Income-$38.23M$854.56M$1.07B$337.56M
7 Day Performance-14.03%0.60%0.13%1.16%
1 Month Performance-11.19%8.68%5.94%3.16%
1 Year Performance992.76%222.46%160.45%30.60%

Applied Optoelectronics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AAOI
Applied Optoelectronics
1.6651 of 5 stars
$169.05
flat
$79.80
-52.8%
+992.8%$13.56B$455.71MN/A4,691
FLEX
Flex
4.1347 of 5 stars
$150.83
-0.7%
$115.70
-23.3%
+247.1%$55.66B$27.91B64.73149,686
ALAB
Astera Labs
3.0177 of 5 stars
$346.33
+9.2%
$233.75
-32.5%
+309.2%$54.35B$852.53M234.01225
CBRS
Cerebras Systems
N/A$237.83
+18.3%
$294.00
+23.6%
N/A$51.16B$509.99MN/A708
UMC
United Microelectronics
2.7494 of 5 stars
$20.03
+1.7%
$8.60
-57.1%
+167.6%$49.60B$7.57B30.8119,097

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This page (NASDAQ:AAOI) was last updated on 6/15/2026 by MarketBeat.com Staff.
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