Brokerages Set Applied Optoelectronics, Inc. (NASDAQ:AAOI) Price Target at $27.20

Applied Optoelectronics, Inc. (NASDAQ:AAOI) has been assigned an average recommendation of “Hold” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $28.20.

A number of brokerages recently weighed in on AAOI. B. Riley reiterated a “sell” rating and set a $15.00 price target on shares of Applied Optoelectronics in a research note on Monday, November 10th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Applied Optoelectronics in a research note on Wednesday, October 8th. Needham & Company LLC initiated coverage on Applied Optoelectronics in a report on Friday, July 25th. They set a “buy” rating and a $32.00 price target on the stock. Raymond James Financial boosted their price target on Applied Optoelectronics from $18.00 to $25.00 and gave the company an “outperform” rating in a research report on Friday, August 8th. Finally, Wall Street Zen downgraded Applied Optoelectronics from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th.

Institutional Investors Weigh In On Applied Optoelectronics

Hedge funds have recently modified their holdings of the stock. CloudAlpha Capital Management Limited Hong Kong raised its holdings in Applied Optoelectronics by 410.7% during the second quarter. CloudAlpha Capital Management Limited Hong Kong now owns 1,408,983 shares of the semiconductor company’s stock worth $36,197,000 after purchasing an additional 1,133,115 shares in the last quarter. Hawk Ridge Capital Management LP purchased a new position in shares of Applied Optoelectronics during the 3rd quarter worth approximately $21,392,000. Alyeska Investment Group L.P. acquired a new stake in shares of Applied Optoelectronics in the 3rd quarter valued at approximately $19,738,000. Vanguard Group Inc. lifted its holdings in shares of Applied Optoelectronics by 13.6% in the 3rd quarter. Vanguard Group Inc. now owns 4,624,570 shares of the semiconductor company’s stock valued at $119,915,000 after buying an additional 551,910 shares during the period. Finally, Citigroup Inc. boosted its stake in shares of Applied Optoelectronics by 60.0% in the third quarter. Citigroup Inc. now owns 1,160,456 shares of the semiconductor company’s stock valued at $30,091,000 after buying an additional 435,349 shares in the last quarter. 61.72% of the stock is owned by institutional investors and hedge funds.

Applied Optoelectronics Trading Down 3.4%

NASDAQ:AAOI opened at $20.89 on Wednesday. The company has a market capitalization of $1.43 billion, a PE ratio of -6.49 and a beta of 2.88. Applied Optoelectronics has a 52-week low of $9.71 and a 52-week high of $44.50. The stock’s 50 day moving average price is $29.29 and its 200 day moving average price is $24.61. The company has a quick ratio of 1.63, a current ratio of 2.31 and a debt-to-equity ratio of 0.23.

Applied Optoelectronics (NASDAQ:AAOI) last issued its quarterly earnings data on Thursday, November 6th. The semiconductor company reported ($0.09) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.01. The company had revenue of $118.63 million during the quarter, compared to analysts’ expectations of $119.77 million. Applied Optoelectronics had a negative return on equity of 7.34% and a negative net margin of 36.97%.The firm’s revenue for the quarter was up 82.1% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.21) earnings per share. Applied Optoelectronics has set its Q4 2025 guidance at -0.130–0.040 EPS. On average, research analysts anticipate that Applied Optoelectronics will post -1.18 EPS for the current year.

Applied Optoelectronics Company Profile

Applied Optoelectronics, Inc designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China. It offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, distribution equipment, and amplifiers.