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Aehr Test (AEHR)
NASDAQ:AEHR
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Aehr Test Systems (AEHR) Price & Analysis

1,977 Followers

AEHR Stock Chart & Stats

$76.32
-$12.19(-13.77%)
At close: 4:00 PM EDT
$76.32
-$12.19(-13.77%)

Bulls Say, Bears Say

Bulls Say
Record Bookings And BacklogThe sharp increase in bookings and backlog improves forward revenue visibility and indicates growing customer adoption. A larger committed order base can support production scale, recurring consumables demand, and more predictable execution over the next several quarters.
AI And Silicon Photonics ExposureExposure to AI processors and silicon photonics aligns Aehr with structural demand for advanced semiconductor reliability testing. This broadens the business beyond historically cyclical silicon carbide markets and may support sustained growth as data-center architectures expand.
Strengthened LiquidityThe enlarged cash position gives Aehr greater capacity to fund inventory, research, manufacturing expansion, and customer ramps without relying heavily on debt. Low leverage and a substantial equity cushion improve resilience while the company executes its growth plan.
Bears Say
Persistent Cash BurnNegative operating and free cash flow weaken financial quality and increase dependence on the strengthened cash balance. If the planned revenue ramp is delayed, continued investment and working-capital needs could consume liquidity and constrain strategic flexibility.
Volatile Profitability And RevenueThe swing from strong prior profits to losses, combined with uneven revenue and compressed annual margins, shows that Aehr’s earnings remain sensitive to customer ramps and industry cycles. Sustainable profitability still depends on converting backlog into efficient, repeatable production.
Customer And End-market ConcentrationReliance on a small number of large programs and cyclical end markets can create uneven shipments, revenue timing, and capacity utilization. This concentration raises execution risk and makes results vulnerable to delayed customer qualifications or weaker semiconductor demand.

Aehr Test Systems News

AEHR FAQ

What was Aehr Test’s price range in the past 12 months?
Aehr Test lowest stock price was $17.33 and its highest was $147.40 in the past 12 months.
    What is Aehr Test’s market cap?
    Aehr Test’s market cap is $3.32B.
      When is Aehr Test’s upcoming earnings report date?
      Aehr Test’s upcoming earnings report date is Oct 01, 2026 which is in 39 days.
        How were Aehr Test’s earnings last quarter?
        Aehr Test released its earnings results on Jul 14, 2026. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of -$0.008 by $0.118.
          Is Aehr Test overvalued?
          According to Wall Street analysts Aehr Test’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Aehr Test pay dividends?
            Aehr Test does not currently pay dividends.
            What is Aehr Test’s EPS estimate?
            Aehr Test’s EPS estimate is 0.11.
              How many shares outstanding does Aehr Test have?
              Aehr Test has 32,620,450 shares outstanding.
                What happened to Aehr Test’s price movement after its last earnings report?
                Aehr Test reported an EPS of $0.11 in its last earnings report, beating expectations of -$0.008. Following the earnings report the stock price went up 21.914%.
                  Which hedge fund is a major shareholder of Aehr Test?
                  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

                    Company Description

                    Aehr Test

                    Aehr Test Systems, founded in 1977 and based in Fremont, California, specializes in the global provision of advanced burn-in and test systems for integrated circuits, encompassing logic, optical, and memory devices. Its extensive product lineup includes the ABTS and FOX-P families of test and burn-in solutions, complemented by specialized components such as the FOX WaferPak Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier, and FOX DiePak Loader. The ABTS system is specifically designed for both production and qualification assessments of packaged parts, covering a range of lower and higher power logic devices, as well as various memory types. For more complex integrated circuits like memories, digital signal processors, microprocessors, microcontrollers, systems-on-a-chip, and integrated optical devices, the FOX-XP and FOX-NP systems facilitate burn-in and functional testing at both the wafer and individual die/module levels. Aehr's FOX-CP system offers a compact, single-wafer solution for verifying the reliability of logic, memory, and photonic devices. A distinguishing offering, the WaferPak Contactor, features an exclusive full-wafer probe card, accommodating wafers up to 300mm, which enables semiconductor manufacturers to conduct comprehensive wafer-level testing and burn-in on Aehr's FOX platforms. Furthermore, the DiePak Carrier provides a reusable, temporary packaging medium, empowering IC manufacturers to complete final testing and burn-in processes for bare die and modules.

                    Aehr Test Systems (AEHR) Earnings & Revenues

                    AEHR Earnings Call

                    Q4 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call highlighted multiple strong operational and commercial positives: record bookings and backlog, robust Q4 revenue and margin expansion, large hyperscaler and AI customer momentum, successful technical benchmarks (including with a major AI processor supplier), technological milestones (300mm GaN), a much stronger cash position, and expanded manufacturing capacity. These positives underpin an aggressive FY27 revenue and profitability outlook. Headwinds include FY26 full-year revenue and margin declines, ongoing litigation costs, supplier/parts cost and lead-time pressures, higher operating expenses, and continued uncertainty around some end markets (silicon carbide recovery and memory opportunities). Overall, the constructive commercial wins, backlog, cash runway, and explicit guidance for substantial growth materially outweigh the lowlights, supporting a positive outlook for fiscal 2027, while acknowledging execution and supply-chain/legal risks that could affect delivery.View all AEHR earnings summaries

                    AEHR Stock 12 Month Forecast

                    Average Price Target

                    $130.00
                    ▲(70.34% Upside)
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                    Ownership Overview

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                    14.11% Other Institutional Investors
                    50.44% Public Companies and Individual Investors
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