Aehr Test Systems (AEHR)
NASDAQ:AEHR
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AEHR Stock Chart & Stats
$83.86
-$1.97(-11.05%)
At close: 4:00 PM EST
$83.86
-$1.97(-11.05%)
Day’s Range― - ―
52-Week Range$8.06 - $102.48
Previous CloseN/A
Volume811.84K
Average Volume (3M)3.05M
Market Cap
$3.04B
Enterprise Value$3.02B
Total Cash (Recent Filing)$36.91M
Total Debt (Recent Filing)$10.03M
Price to Earnings (P/E)―
Beta2.60
Next Earnings
Jul 21, 2026EPS Estimate
>-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.38
Shares Outstanding31,453,255
10 Day Avg. Volume5,808,739
30 Day Avg. Volume3,049,593
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 Cap0.99
Enterprise Value/Revenue66.64
Enterprise Value/Gross Profit216.89
Enterprise Value/Ebitda-222.32
Forecast
1Y Price Target
$62.00Price Target Upside-26.07% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)-0.1
Revenue Forecast (FY)$49.07M
Bulls Say, Bears Say
Bulls Say
Bookings Strength And Guidance UpgradeManagement raised guidance toward the high end for bookings and revenue while a strong book-to-bill ratio driven by large bookings suggests demand is outpacing shipments and could support recurring consumables sales.
Hyperscaler Production OrderAehr secured a production order from a leading AI hyperscaler that positions its package-level burn-in tool as a qualified supplier for next-generation processors, providing validation that can translate into scaled volume orders.
Silicon Photonics Customer AdoptionA follow-on order from a major silicon photonics customer for wafer-level and high-power systems indicates a move from evaluation to volume production and signals growing commercial traction in optical interconnect markets.
Bears Say
Customer Concentration And Qualification RiskDependence on a few large customers and the potential for delays in customer qualification could result in uneven revenue patterns and downside pressure if key wins fail to scale.
Uncertainty In Tool Economics And Market PenetrationDifferences in throughput and pricing among burn-in tool types create uncertainty about the required installed base and the pace of market penetration, which could slow revenue realization.
Valuation Premium RiskThe stock trades at a notable premium to semiconductor equipment peers, creating valuation risk if order momentum or the market opportunity does not materialize as expected.
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 $8.06 and its highest was $102.48 in the past 12 months.
What is Aehr Test Systems’s market cap?
Aehr Test Systems’s market cap is $3.04B.
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 75 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
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$62.00 (-26.07% Downside)
$62.00 (-26.07% Downside)
Blogger Sentiment
Bullish
AEHR Sentiment 67%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 29.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $40.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.5%
Last 30 Days ▲ 43.0%
Last 30 Days ▲ 43.0%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
936.58%
12-Months-Change
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
▼(-26.07% Downside)
Technical Analysis
Ownership Overview
5.42% Insiders
17.68% Mutual Funds
1.61% Other Institutional Investors
62.78% Public Companies and Individual Investors