Aehr Test Systems (AEHR) stock rallied on Thursday after the logic, optical, and memory integrated circuits testing and burn-in company announced a record $41 million production order. The company said this is a follow-on order from its lead hyperscale customer. It includes package-level burn-in (PLBI) for custom AI processor ASICs.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Aehr Test Systems said that the order covers a large number of Aehr’s Sonoma high-power package-level test and burn-in systems, as well as its turnkey burn-in modules (BIMs) and device-specific sockets that are used to configure its systems to specific AI processors. The deliveries for this order will start in the company’s Fiscal 2027 year, which begins on June 27, 2026.
Gayn Erickson, president and CEO of Aehr Test Systems, said, “This customer is also developing a significantly higher-power AI accelerator ASIC expected to move to production later this year, and they have already placed an initial order with us for multiple Sonoma systems to be used for production for that device. As these next-generation devices move into volume production, we see the potential for further substantial increases in demand for Sonoma systems and consumables in our next fiscal year.”
Aehr Test Systems Stock Movement Today
Aehr Test Systems stock was up 15.41% on Thursday, extending a 246.95% rally year-to-date. The stock has also increased 805.07% over the past 12 months.
With today’s news came decent trading of AEHR stock, as more than 1.75 million shares changed hands. That’s closing in on the company’s three-month average daily trading volume of about 2.77 million shares.
Is Aehr Test Systems Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Aehr Test Systems is Strong Buy, based on three Buy ratings over the past three months. With that comes an average AEHR stock price target of $62, representing a potential 26.67% upside for the shares.
