Benchmark Co. analyst Mark Miller has maintained their bullish stance on AEIS stock, giving a Buy rating today.
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Mark Miller’s rating is based on Advanced Energy’s strong performance and positive outlook. The company reported better-than-expected results for the June quarter, with record revenue from its Data Center segment. This growth is supported by multiple design wins at hyperscale customers, which are expected to drive further sales increases as 2025 progresses. Additionally, margin improvements are anticipated in the second half of 2025, with the design win pipeline at an all-time high.
Advanced Energy’s semiconductor sales showed significant year-over-year growth, driven by strong demand in AI-related technologies. The company has also seen a substantial increase in shipments of its eVoS units, indicating robust demand for its products. Despite some challenges in the Industrial and Medical segment due to tariffs, the company is strategically managing its supply chain to mitigate these impacts. Overall, the positive financial performance and strategic positioning in key growth areas justify the Buy rating.
Miller covers the Technology sector, focusing on stocks such as Western Digital, Nova, and ACM Research. According to TipRanks, Miller has an average return of 12.1% and a 47.88% success rate on recommended stocks.