Aehr Test Systems (AEHR)
NASDAQ:AEHR
AEHR Stock Chart & Stats
$74.38
-$1.97(-11.05%)
At close: 4:00 PM EST
$74.38
-$1.97(-11.05%)
Day’s Range― - ―
52-Week Range$7.71 - $74.72
Previous CloseN/A
Volume811.84K
Average Volume (3M)2.75M
Market Cap
$2.25B
Enterprise Value$2.31B
Total Cash (Recent Filing)$36.91M
Total Debt (Recent Filing)$10.03M
Price to Earnings (P/E)―
Beta2.58
Next Earnings
Jul 21, 2026EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.05
Shares Outstanding31,453,255
10 Day Avg. Volume4,857,915
30 Day Avg. Volume2,751,092
Financial Highlights & Ratios
PEG Ratio0.65
Price to Book (P/B)2.30
Price to Sales (P/S)4.79
P/FCF Ratio-22.77
Enterprise Value/Market Cap1.03
Enterprise Value/Revenue51.10
Enterprise Value/Gross Profit166.33
Enterprise Value/Ebitda-170.50
Forecast
1Y Price Target
$62.00Price Target Upside-16.64% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)-0.1
Revenue Forecast (FY)$48.90M
Bulls Say, Bears Say
Bulls Say
AI Order Momentum And Commercial TractionRepeated production and follow-on orders from AI customers and silicon photonics suppliers indicate accelerating commercial traction for wafer-level and package-level burn-in systems, supporting potential revenue growth as deployments scale.
Guidance And Bookings OutlookManagement raising guidance toward the high end for bookings and revenue and reinstating formal guidance restores visibility and signals increased confidence in the company’s near-term business trajectory.
Hyperscaler Validation And Design WinsA production order from a leading hyperscaler and multiple design wins with transceiver and processor customers validate the technology and increase the likelihood of broader, volume deployments across data center customers.
Bears Say
Customer Concentration And Qualification RiskReliance on a limited number of large customers combined with potential delays in product qualification increases the risk that setbacks with one customer could significantly reduce order flow.
Margin Pressure And Product ScalabilityShift toward packaged-part Sonoma equipment, which produces lower margins and requires multiple units to match prior system performance, could pressure profitability and complicate efforts to scale the business efficiently.
Market Penetration And Installed Base UncertaintyDifferences in throughput and pricing across burn-in tool types create uncertainty about the size of the required installed base and the pace of market adoption, which could delay revenue realization.
Aehr Test Systems News
AEHR FAQ
What was Aehr Test Systems’s price range in the past 12 months?
Aehr Test Systems lowest stock price was $7.71 and its highest was $74.72 in the past 12 months.
What is Aehr Test Systems’s market cap?
Aehr Test Systems’s market cap is $2.25B.
When is Aehr Test Systems’s upcoming earnings report date?
Aehr Test Systems’s upcoming earnings report date is Jul 21, 2026 which is in 96 days.
How were Aehr Test Systems’s earnings last quarter?
Aehr Test Systems released its earnings results on Apr 07, 2026. The company reported -$0.05 earnings per share for the quarter, beating the consensus estimate of -$0.07 by $0.02.
Is Aehr Test Systems overvalued?
According to Wall Street analysts Aehr Test Systems’s price is currently Overvalued.
Does Aehr Test Systems pay dividends?
Aehr Test Systems does not currently pay dividends.
What is Aehr Test Systems’s EPS estimate?
Aehr Test Systems’s EPS estimate is >-0.01.
How many shares outstanding does Aehr Test Systems have?
Aehr Test Systems has 31,453,255 shares outstanding.
What happened to Aehr Test Systems’s price movement after its last earnings report?
Aehr Test Systems reported an EPS of -$0.05 in its last earnings report, beating expectations of -$0.07. Following the earnings report the stock price went up 25.692%.
Which hedge fund is a major shareholder of Aehr Test Systems?
Currently, no hedge funds are holding shares in AEHR
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
Aehr Test Systems Stock Smart Score
Outperform
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Analyst Consensus
Strong Buy
Average Price Target:
$62.00 (-16.64% Downside)
$62.00 (-16.64% Downside)
Blogger Sentiment
Bullish
AEHR Sentiment 66%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 29.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $20.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 16.8%
Last 30 Days ▲ 39.3%
Last 30 Days ▲ 39.3%
News Sentiment
Very Bullish
Bullish news 83%
Bearish news 17%
Bearish news 17%
Fundamentals
Return on Equity
-8.87%
Trailing 12-Months
Asset Growth
7.86%
Trailing 12-Months
Company Description
Aehr Test Systems
Aehr Test Systems provides test systems for burning-in and testing logic, optical, and memory integrated circuits worldwide. It offers products, such as the ABTS and FOX-P families of test and burn-in systems and FOX WaferPak Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier, and FOX DiePak Loader. The ABTS system is used in production and qualification testing of packaged parts for lower power and higher power logic devices, as well as various common types of memory devices. The FOX-XP and FOX-NP systems are wafer contact and singulated die/module test and burn-in systems used for burn-in and functional test of complex devices, such as memories, digital signal processors, microprocessors, microcontrollers, systems-on-a-chip, and integrated optical devices. The FOX-CP system is a single-wafer compact test and reliability verification solution for logic, memory, and photonic devices. The WaferPak Contactor contains a unique full wafer probe card capable of testing wafers up to 300mm that enables IC manufacturers to perform test and burn-in of full wafers on Aehr Test FOX systems. The DiePak Carrier is a reusable, temporary package that enables IC manufacturers to perform final test and burn-in of bare die and modules. Aehr Test Systems was incorporated in 1977 and is headquartered in Fremont, California.
AEHR Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a mix of strong commercial momentum and near-term financial softness. Positive takeaways include a dramatic bookings surge (Q3 $37.2M vs $6.2M in Q2), a record effective backlog ($50.9M), multiple large customer wins across wafer-level AI, silicon photonics, package-level hyperscaler production, and expanded manufacturing capacity (>20 Sonoma/month). These items underpin management's guidance for fiscal '26 revenue to be on the high side of prior guidance and a return to non-GAAP profitability in Q4. Offsetting these positives are a sizable YOY revenue decline (-44% to $10.3M), gross margin contraction (-6.2 percentage points), a non-GAAP net loss in the quarter versus prior-year profit, lumpy timing of large orders, and some technical delays in benchmark evaluations. Overall, the forward-looking bookings, backlog and customer engagements are substantial and suggest meaningful future growth potential, while near-term operational and margin pressures create short-term risk.View all AEHR earnings summariesAEHR Stock 12 Month Forecast
Average Price Target
$62.00
▼(-16.64% Downside)
Technical Analysis
Ownership Overview
6.19% Insiders
17.37% Mutual Funds
0.47% Other Institutional Investors
63.77% Public Companies and Individual Investors