Applied Optoelectronics, Inc. (NASDAQ:AAOI) Stock Has Consensus Target Price of $143.00

Shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) have earned a consensus rating of “Hold” from the six analysts that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $143.00.

A number of research firms have recently commented on AAOI. Weiss Ratings raised shares of Applied Optoelectronics from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, October 21st. Raymond James Financial reaffirmed an “outperform” rating and set a $178.00 price target on shares of Applied Optoelectronics in a research note on Tuesday, August 11th. Wall Street Zen raised Applied Optoelectronics from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Needham & Company LLC lowered their price target on Applied Optoelectronics from $190.00 to $170.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, Rosenblatt Securities reissued a “buy” rating and set a $220.00 price target on shares of Applied Optoelectronics in a research report on Friday, August 7th.

Applied Optoelectronics Stock Down 12.8%

Shares of NASDAQ AAOI opened at $69.05 on Wednesday. The firm has a market cap of $5.84 billion, a P/E ratio of -88.53 and a beta of 3.85. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.13 and a current ratio of 2.78. Applied Optoelectronics has a 1 year low of $18.50 and a 1 year high of $233.67. The firm’s 50 day moving average price is $98.76 and its 200 day moving average price is $112.74.

Applied Optoelectronics (NASDAQ:AAOI) last issued its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.04. Applied Optoelectronics had a negative return on equity of 1.98% and a negative net margin of 9.57%. The company had revenue of $191.92 million during the quarter, compared to the consensus estimate of $190.48 million. During the same period in the previous year, the firm posted ($0.16) EPS. Applied Optoelectronics’s revenue was up 86.3% on a year-over-year basis. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. As a group, sell-side analysts anticipate that Applied Optoelectronics will post 0.55 earnings per share for the current year.

Insider Buying and Selling at Applied Optoelectronics

In other Applied Optoelectronics news, insider Shu-Hua Yeh sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $120.03, for a total transaction of $720,180.00. Following the completion of the sale, the insider directly owned 371,498 shares in the company, valued at $44,590,904.94. The trade was a 1.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Hung-Lun Chang sold 32,172 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $110.21, for a total value of $3,545,676.12. Following the sale, the insider owned 249,276 shares in the company, valued at approximately $27,472,707.96. The trade was a 11.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 56,887 shares of company stock valued at $6,581,484 over the last ninety days. Corporate insiders own 3.80% of the company’s stock.

Institutional Trading of Applied Optoelectronics

Hedge funds have recently made changes to their positions in the stock. BOCHK Asset Management Ltd acquired a new stake in Applied Optoelectronics in the third quarter worth $99,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Applied Optoelectronics during the third quarter worth approximately $14,087,000. Pilgrim Partners Asia Pte Ltd acquired a new position in Applied Optoelectronics during the 3rd quarter worth $695,000. MGO One Seven LLC lifted its holdings in Applied Optoelectronics by 79.8% in the third quarter. MGO One Seven LLC now owns 4,510 shares of the semiconductor company’s stock worth $448,000 after purchasing an additional 2,002 shares during the period. Finally, M & L Capital Management Ltd acquired a new stake in shares of Applied Optoelectronics in the 3rd quarter worth approximately $1,568,000. Institutional investors and hedge funds own 61.70% of the company’s stock.

About Applied Optoelectronics

Applied Optoelectronics, Inc (NASDAQ: AAOI) develops and manufactures fiber-optic networking products and solutions. Its offerings include optical transceivers, transmitters, receivers, lasers, and related components used to transmit data across fiber-optic networks.

The company serves several communications markets, including data centers, broadband access networks, cable television, and telecommunications. Its products are designed for applications such as high-speed data transmission, fiber-to-the-home and other broadband deployments, network connectivity, and communications infrastructure.

Founded in 1997 and headquartered in Sugar Land, Texas, Applied Optoelectronics supports customers in multiple regions, including North America, Asia, and other international markets.