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AAOI Stock Chart & Stats
$100.15
-$11.87(-10.60%)
At close: 4:00 PM EDT
$100.15
-$11.87(-10.60%)
Day’s Range― - ―
52-Week Range$18.50 - $233.67
Previous CloseN/A
Volume7.10M
Average Volume (3M)10.07M
Market Cap
$7.57B
Enterprise Value$6.26K
Total Cash (Recent Filing)$449.38M
Total Debt (Recent Filing)$173.67M
Price to Earnings (P/E)―
Beta3.21
Next Earnings
Aug 06, 2026EPS Estimate
0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.66
Shares Outstanding80,242,770
10 Day Avg. Volume8,331,650
30 Day Avg. Volume10,071,621
Financial Highlights & Ratios
PEG Ratio0.63
Price to Book (P/B)2.86
Price to Sales (P/S)4.60
P/FCF Ratio-5.93
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$144.30Price Target Upside44.08% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)1.03
Revenue Forecast (FY)$1.04B
Bulls Say, Bears Say
Bulls Say
Data-center Revenue AccelerationRapid, sustained data-center demand for higher-speed modules (100G→400G→800G/1.6T) indicates structural product migration and secular server/network growth. Volume orders and early 800G/1.6T shipments support multi-quarter unit growth and embed the company into hyperscaler supply chains, raising long-term revenue visibility if production scales.
Vertical Integration: In-house LasersScaling in-house laser and CPO production materially reduces supplier dependency and improves gross-margin levers long-term. Owning laser fabrication supports cost control, faster qualification cycles for custom transceivers, and higher incremental margins as volume grows — a durable competitive advantage in photonics manufacturing.
Stronger Liquidity And Financing FlexibilityA much stronger cash position plus capital-market tools (a $600M ATM and expanded China credit line) and lower reported leverage (debt-to-equity ~0.16) give the company durable funding optionality. This supports multi-quarter CapEx and cleanroom builds required to convert backlog into lasting production capacity and revenue.
Bears Say
Persistent Negative Cash FlowSustained negative operating and free cash flow forces reliance on external financing and dilution risk to fund CapEx and inventory. If revenue or margin ramps slip, the company may need repeated capital raises or higher debt, which can pressure strategy execution and long-term financial sustainability despite current liquidity.
High Customer ConcentrationExtremely concentrated revenue exposes the company to abrupt demand shifts and pricing pressure from a few large buyers. Losing or renegotiating terms with one major customer could materially cut sales and margins, making long-term forecasts and investment returns sensitive to single-customer outcomes.
Execution And CapEx/timing RiskAggressive plant builds, large cleanroom projects and long equipment lead times create multi-quarter execution risk. Delays in qualification or equipment delivery could defer revenue, prolong cash burn, and raise costs. Rising inventory and sizable ongoing CapEx increase the chance that expected margin gains and scale benefits arrive later than planned.
Applied Optoelectronics News
AAOI FAQ
What was Applied Optoelectronics Inc’s price range in the past 12 months?
Applied Optoelectronics Inc lowest stock price was $18.50 and its highest was $233.67 in the past 12 months.
What is Applied Optoelectronics Inc’s market cap?
Applied Optoelectronics Inc’s market cap is $7.57B.
When is Applied Optoelectronics Inc’s upcoming earnings report date?
Applied Optoelectronics Inc’s upcoming earnings report date is Aug 06, 2026 which is tomorrow.
How were Applied Optoelectronics Inc’s earnings last quarter?
Applied Optoelectronics Inc released its earnings results on May 07, 2026. The company reported -$0.07 earnings per share for the quarter, missing the consensus estimate of -$0.049 by -$0.021.
Is Applied Optoelectronics Inc overvalued?
According to Wall Street analysts Applied Optoelectronics Inc’s price is currently Undervalued.
Does Applied Optoelectronics Inc pay dividends?
Applied Optoelectronics Inc does not currently pay dividends.
What is Applied Optoelectronics Inc’s EPS estimate?
Applied Optoelectronics Inc’s EPS estimate is 0.02.
How many shares outstanding does Applied Optoelectronics Inc have?
Applied Optoelectronics Inc has 80,242,770 shares outstanding.
What happened to Applied Optoelectronics Inc’s price movement after its last earnings report?
Applied Optoelectronics Inc reported an EPS of -$0.07 in its last earnings report, missing expectations of -$0.049. Following the earnings report the stock price went down -5.465%.
Which hedge fund is a major shareholder of Applied Optoelectronics Inc?
Currently, no hedge funds are holding shares in AAOI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Applied Optoelectronics Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$144.30 (44.08% Upside)
$144.30 (44.08% Upside)
Blogger Sentiment
Bullish
AAOI Sentiment 72%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Decreased
By 213.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $142.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.9%
Last 30 Days ▲ 6.2%
Last 30 Days ▲ 6.2%
News Sentiment
Very Bullish
Bullish news 88%
Bearish news 12%
Bearish news 12%
Technicals
SMA
Positive
20 days / 200 days
Momentum
260.56%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
142.90%
Trailing 12-Months
Company Description
Applied Optoelectronics Inc
Applied Optoelectronics, Inc. (AAOI) designs, manufactures, and sells fiber-optic networking products used to transmit data over high-speed communications networks. The company’s portfolio includes optical transceivers and related components deployed in data center, cable broadband, telecommunications, and other networking environments.
AAOI Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a constructive and growth-oriented outlook driven by record revenue, significant YoY data center expansion (154% YoY), early volume shipments/orders for next-generation 800G and 1.6T products, large capacity expansion plans, and a materially stronger cash position. Management upgraded 2026 revenue to >$1.1B and expects >$140M non-GAAP operating income, reflecting confidence in demand. Offsetting factors include ongoing non-GAAP and GAAP losses in Q1, lower near-term gross margins (29.2%), high customer concentration, capacity constraints that limit the near-term ability to meet demand, heavy CapEx and inventory build, and operational/qualification timing risks tied to long equipment lead times. Overall, the positive operational momentum, bookings, and upgraded guidance outweigh the execution and timing risks described on the call.View all AAOI earnings summariesAAOI Stock 12 Month Forecast
Average Price Target
$144.30
▲(44.08% Upside)
Technical Analysis
Ownership Overview
5.25% Insiders
17.79% Mutual Funds
1.24% Other Institutional Investors
62.48% Public Companies and Individual Investors