DBS analyst Amanda Tan has maintained their bullish stance on AWX stock, giving a Buy rating on March 29.
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Amanda Tan has given his Buy rating due to a combination of factors linked to AEM’s technological edge and industry positioning. The company is a leader in high‑parallel, system‑level testing for advanced AI and high‑power chips, offering significantly higher throughput and lower testing costs than traditional automated test equipment, while its sophisticated thermal management improves yields on heat‑intensive devices and reinforces its premium status with customers.
Amanda Tan’s rating is based on expectations of margin expansion and scalable growth as the product and customer mix shifts toward more complex, higher‑value AI and HPC test solutions. Operating leverage from better utilisation, increasing test intensity per chip, and emerging opportunities with memory, hyperscalers, and OSATs are expected to enhance profitability over time, supporting the positive view on the stock’s risk‑reward profile.
According to TipRanks, Tan is a 5-star analyst with an average return of 29.2% and a 67.80% success rate. Tan covers the Technology sector, focusing on stocks such as AEM Holdings Ltd., Teradyne, and Intel.
In another report released on March 29, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a S$5.00 price target.