Applied Optoelectronics, Inc. (AAOI)

Applied Optoelectronics Stock Forecast

Stock Price Forecast

The 5 analysts that cover Applied Optoelectronics stock have a consensus rating of "Buy" and an average price target of $63.8, which forecasts a -31.70% decrease in the stock price over the next year. The lowest target is $25 and the highest is $125.

Price Target: $63.8 (-31.70%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$25	$63.8	$54	$125
Change	-73.24%	-31.70%	-42.19%	+33.82%

Analyst Ratings

The average analyst rating for Applied Optoelectronics stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	2	2	2	2	2	2
Buy	2	2	2	2	2	2
Hold	2	1	1	1	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	1	1	1	0	0
Total	6	6	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mike Genovese Rosenblatt	Rosenblatt	Strong Buy Maintains $50 → $125	Strong Buy	Maintains	$50 → $125	+33.82%	Feb 27, 2026
Ryan Koontz Needham	Needham	Strong Buy Maintains $43 → $80	Strong Buy	Maintains	$43 → $80	-14.36%	Feb 27, 2026
David Kang B. Riley Securities	B. Riley Securities	Strong Sell → Hold Upgrades $15 → $54	Strong Sell → Hold	Upgrades	$15 → $54	-42.19%	Feb 27, 2026
Mike Genovese Rosenblatt	Rosenblatt	Strong Buy Maintains $50	Strong Buy	Maintains	$50	-46.47%	Feb 19, 2026
Mike Genovese Rosenblatt	Rosenblatt	Strong Buy Maintains $50	Strong Buy	Maintains	$50	-46.47%	Dec 19, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

820.75M

Increased by 80.10%

from 455.72M

Revenue Next Year

1.66B

Increased by 102.38%

from 820.75M

EPS This Year

0.57

from -0.64

EPS Next Year

1.99

Increased by 251.86%

from 0.57

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	211.57M	222.82M	217.65M	249.37M	455.72M	820.75M	1.66B
Revenue Growth	-9.83%	5.32%	-2.32%	14.57%	82.75%	80.10%	102.38%
EPS	-2.01	-2.38	-1.75	-4.50	-0.64	0.57	1.99
EPS Growth	-	-	-	-	-	-	251.86%
Forward PE	-	-	-	-	-	165.24	46.96
No. Analysts	-	-	-	-	-	8	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	1.1B	1.7B
Avg	820.8M	1.7B
Low	597.4M	1.6B

Revenue Growth

Revenue Growth	2026	2027
High	151.5%	108.3%
Avg	80.1%	102.4%
Low	31.1%	94.5%

EPS Forecast

EPS	2026	2027
High	1.06	2.05
Avg	0.57	1.99
Low	-0.21	1.91

EPS Growth

EPS Growth	2026	2027
High	-	262.2%
Avg	-	251.9%
Low	-	238.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.