Aehr Test Systems (AEHR) Stock Price, News & Analysis

Company Overview

Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.

The company’s product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens. These platforms support a variety of package types and are used across multiple applications such as flash memory, microcontrollers, automotive electronics, silicon photonics, 5G communications and advanced power devices. Aehr’s test solutions enable parallel testing of many die on a wafer, helping customers accelerate time-to-market and enhance device reliability under extreme temperature and voltage stress conditions.

Headquartered in Fremont, California, Aehr Test Systems serves a global base of semiconductor manufacturers and assembly/test subcontractors in North America, Asia and Europe. Under the leadership of President and Chief Executive Officer Stephen P. Rothrock, the company has maintained its focus on innovation and customer support for several decades. Aehr is traded on the NASDAQ Capital Market under the ticker symbol AEHR.

Key Stats

• Today's Range: $27.70 to $29.46
• 50-Day Range: $17.38 to $33.63
• 52-Week Range: $6.27 to $34.35
• Volume: 1.78 million shs
• Average Volume: 2.16 million shs
• Market Capitalization: $877.79 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $24.00
• Consensus Rating: Sell

Aehr Test Systems Stock Analysis - MarketRank™

Aehr Test Systems scored higher than 33% of companies evaluated by MarketBeat, and ranked 509th out of 673 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Sell

Consensus Rating

Aehr Test Systems has received a consensus rating of Sell. The company's average rating score is 1.33, and is based on no buy ratings, 1 hold rating, and 2 sell ratings.

Downside Risk

Aehr Test Systems has a consensus price target of $24.00, representing about 17.9% downside from its current price of $29.25.

Amount of Analyst Coverage

Aehr Test Systems has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 120.00%

Earnings Growth

Earnings for Aehr Test Systems are expected to grow by 120.00% in the coming year, from $0.10 to $0.22 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Aehr Test Systems is -132.95, 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 Aehr Test Systems is -132.95, 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

Aehr Test Systems has a P/B Ratio of 7.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

18.76% of the outstanding shares of Aehr Test Systems have been sold short.

Short Interest Ratio / Days to Cover

Aehr Test Systems has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Aehr Test Systems has recently decreased by 0.18%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Aehr Test Systems does not currently pay a dividend.

Dividend Growth

Aehr Test Systems does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

18.76% of the outstanding shares of Aehr Test Systems have been sold short.

Short Interest Ratio / Days to Cover

Aehr Test Systems has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Aehr Test Systems has recently decreased by 0.18%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.22

News Sentiment

Aehr Test Systems has a news sentiment score of 0.22. 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 is a lower news sentiment than the 0.72 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 21 news articles for Aehr Test Systems this week, compared to 8 articles on an average week.

Search Interest

56 people have searched for AEHR on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

MarketBeat Follows

12 people have added Aehr Test Systems to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Aehr Test Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $729,940.00 in company stock.

Percentage Held by Insiders

Only 6.80% of the stock of Aehr Test Systems is held by insiders.

Percentage Held by Institutions

69.69% of the stock of Aehr Test Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AEHR Stock Analysis - Frequently Asked Questions

How have AEHR shares performed this year?

Aehr Test Systems' stock was trading at $16.63 at the beginning of 2025. Since then, AEHR stock has increased by 75.9% and is now trading at $29.25.

How were Aehr Test Systems' earnings last quarter?

Aehr Test Systems (NASDAQ:AEHR) announced its quarterly earnings data on Monday, October, 6th. The semiconductor company reported $0.01 EPS for the quarter, meeting analysts' consensus estimates of $0.01. The semiconductor company earned $11 million during the quarter, compared to analyst estimates of $13.69 million. Aehr Test Systems had a negative net margin of 11.71% and a negative trailing twelve-month return on equity of 2.41%.
Read the conference call transcript.

Who are Aehr Test Systems' major shareholders?

Aehr Test Systems' top institutional investors include Halter Ferguson Financial Inc. (1.51%), ARS Investment Partners LLC (0.06%), Inspire Investing LLC (0.05%) and Net Worth Advisory Group (0.04%). Insiders that own company stock include Gayn Erickson, Howard T Slayen, Donald P Richmond II, David S Hendrickson, Rhea J Posedel, Alberto Salamone, Geoffrey Gates Scott, Vernon Rogers, Alistair N Sporck, Fariba Danesh, Chris Siu, Avijit K Ray-Chaudhuri, Laura Oliphant, Mario M Rosati and Kenneth B Spink.
View institutional ownership trends.

How do I buy shares of Aehr Test Systems?

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

What other stocks do shareholders of Aehr Test Systems own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Aehr Test Systems investors own include Zomedica (ZOM), NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Invesco QQQ (QQQ) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 10/06/2025
• Today: 10/15/2025
• Fiscal Year End: 5/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: ELEC MSRNG INST
• Sub-Industry: Measuring And Control Equipment
• Current Symbol: NASDAQ:AEHR
• CIK: 1040470
• Web: www.aehr.com
• Phone: (510) 623-9400
• Fax: 510-623-9450
• Employees: 90
• Year Founded: 1977

Price Target and Rating

• Average Price Target for Aehr Test Systems: $24.00
• High Price Target: $24.00
• Low Price Target: $24.00
• Potential Upside/Downside: -17.9%
• Consensus Rating: Sell
• Rating Score (0-4): 1.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.22)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 292.50
• P/E Growth: N/A
• Net Income: -$3.91 million
• Net Margins: -11.71%
• Pretax Margin: -13.98%
• Return on Equity: -2.41%
• Return on Assets: -2.05%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 7.06
• Quick Ratio: 3.54

Sales & Book Value

• Annual Sales: $58.97 million
• Price / Sales: 14.89
• Cash Flow: $0.12 per share
• Price / Cash Flow: 253.82
• Book Value: $4.08 per share
• Price / Book: 7.17

Miscellaneous

• Outstanding Shares: 30,010,000
• Free Float: 27,967,000
• Market Cap: $877.79 million
• Optionable: Optionable
• Beta: 2.47