Benchmark analyst Mark Miller raised the firm’s price target on Advanced Energy (AEIS) to $150 from $130 and keeps a Buy rating on the shares. Advanced Energy reported upside for Q2, driven by record data center sales, notes the analyst, who projects 2026 net non-GAAP EPS growing 25% year-over-year.
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Read More on AEIS:
- Advanced Energy price target raised to $120 from $98 at Susquehanna
- Susquehanna Issues Hold Rating on Advanced Energy Amid Strong Data Center Performance and Market Uncertainties
- Advanced Energy price target raised to $140 from $118 at TD Cowen
- Advanced Energy’s Strong Q2 Performance and Promising Outlook Drive Buy Rating
- Advanced Energy’s Strong Growth Prospects Justify Buy Rating with $150 Target Price