Applied Optoelectronics, Inc. (NASDAQ:AAOI) Stock Has Average Target Price of $143.00

Applied Optoelectronics, Inc. (NASDAQ:AAOI) has received an average rating of “Hold” from the six brokerages that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $143.00.

A number of brokerages have commented on AAOI. Needham & Company LLC cut their price target on shares of Applied Optoelectronics from $190.00 to $170.00 and set a “buy” rating on the stock in a research report on Tuesday, October 27th. Rosenblatt Securities reiterated a “buy” rating and set a $220.00 price target on shares of Applied Optoelectronics in a report on Friday, August 7th. Raymond James Financial restated an “outperform” rating and issued a $178.00 target price on shares of Applied Optoelectronics in a report on Tuesday, August 11th. Weiss Ratings upgraded shares of Applied Optoelectronics from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, October 21st. Finally, B. Riley Financial cut their price target on Applied Optoelectronics from $109.00 to $92.00 and set a “neutral” rating for the company in a report on Thursday, October 15th.

Applied Optoelectronics Price Performance

Shares of NASDAQ AAOI opened at $69.05 on Wednesday. The stock’s 50-day simple moving average is $98.76 and its 200-day simple moving average is $112.74. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.13 and a current ratio of 2.78. Applied Optoelectronics has a 1 year low of $18.50 and a 1 year high of $233.67. The firm has a market cap of $5.84 billion, a price-to-earnings ratio of -88.53 and a beta of 4.04.

Applied Optoelectronics (NASDAQ:AAOI) last posted its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.04. Applied Optoelectronics had a negative return on equity of 1.98% and a negative net margin of 9.57%. The firm had revenue of $191.92 million for the quarter, compared to the consensus estimate of $190.48 million. During the same quarter in the previous year, the company earned ($0.16) EPS. The business’s revenue for the quarter was up 86.3% compared to the same quarter last year. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. As a group, equities analysts anticipate that Applied Optoelectronics will post 0.55 earnings per share for the current fiscal year.

Insider Buying and Selling at Applied Optoelectronics

In other news, insider Hung-Lun Chang sold 32,172 shares of the firm’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $110.21, for a total transaction of $3,545,676.12. Following the transaction, the insider owned 249,276 shares in the company, valued at approximately $27,472,707.96. This trade represents a 11.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Shu-Hua Yeh sold 6,000 shares of the company’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $120.03, for a total value of $720,180.00. Following the completion of the sale, the insider owned 371,498 shares in the company, valued at $44,590,904.94. This trade represents a 1.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 56,887 shares of company stock valued at $6,581,484 over the last ninety days. Corporate insiders own 3.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Polaris Financial Partners acquired a new position in shares of Applied Optoelectronics during the third quarter worth approximately $26,000. EFG International AG purchased a new stake in shares of Applied Optoelectronics in the 2nd quarter worth $44,000. Persistent Asset Partners Ltd bought a new position in Applied Optoelectronics during the second quarter valued at approximately $47,000. Fiduciary Financial Advisors bought a new position in Applied Optoelectronics in the 2nd quarter valued at $48,000. Finally, Integrated Wealth Concepts LLC bought a new stake in Applied Optoelectronics during the second quarter valued at about $58,000. 61.70% of the stock is currently owned by institutional investors and hedge funds.

About Applied Optoelectronics

Applied Optoelectronics, Inc (NASDAQ: AAOI) develops and manufactures fiber-optic networking products and solutions. Its offerings include optical transceivers, transmitters, receivers, lasers, and related components used to transmit data across fiber-optic networks.

The company serves several communications markets, including data centers, broadband access networks, cable television, and telecommunications. Its products are designed for applications such as high-speed data transmission, fiber-to-the-home and other broadband deployments, network connectivity, and communications infrastructure.

Founded in 1997 and headquartered in Sugar Land, Texas, Applied Optoelectronics supports customers in multiple regions, including North America, Asia, and other international markets.