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 $27.4, which forecasts a -8.76% decrease in the stock price over the next year. The lowest target is $15 and the highest is $35.

Price Target: $27.4 (-8.76%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$15	$27.4	$30	$35
Change	-50.05%	-8.76%	-0.10%	+16.55%

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	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	2	2	2	2	2	2
Buy	2	2	2	2	2	2
Hold	2	2	2	2	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	1	1
Total	6	6	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tim Savageaux Northland Capital Markets	Northland Capital Markets	Buy Maintains $30 → $35	Buy	Maintains	$30 → $35	+16.55%	Nov 17, 2025
David Kang B. Riley Securities	B. Riley Securities	Hold → Strong Sell Downgrades $15	Hold → Strong Sell	Downgrades	$15	-50.05%	Nov 10, 2025
Simon Leopold Raymond James	Raymond James	Buy Maintains $18 → $25	Buy	Maintains	$18 → $25	-16.75%	Aug 8, 2025
David Kang B. Riley Securities	B. Riley Securities	Hold Maintains $13 → $15	Hold	Maintains	$13 → $15	-50.05%	Aug 8, 2025
Ryan Koontz Needham	Needham	Strong Buy Initiates $32	Strong Buy	Initiates	$32	+6.56%	Jul 25, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

463.48M

Increased by 85.86%

from 249.37M

Revenue Next Year

762.31M

Increased by 64.48%

from 463.48M

EPS This Year

-0.38

from -4.50

EPS Next Year

0.57

from -0.38

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	234.62M	211.57M	222.82M	217.65M	249.37M	463.48M	762.31M
Revenue Growth	22.92%	-9.83%	5.32%	-2.32%	14.57%	85.86%	64.48%
EPS	-2.67	-2.01	-2.38	-1.75	-4.50	-0.38	0.57
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	53.12
No. Analysts	-	-	-	-	-	8	8

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

Revenue Forecast

Revenue	2025	2026	2027
High	480.2M	942.2M
Avg	463.5M	762.3M
Low	441.5M	597.4M

Revenue Growth

Revenue Growth	2025	2026	2027
High	92.6%	103.3%
Avg	85.9%	64.5%
Low	77.0%	28.9%

EPS Forecast

EPS	2025	2026	2027
High	-0.37	1.06
Avg	-0.38	0.57
Low	-0.42	-0.21

EPS Growth

EPS Growth	2025	2026	2027
High	-	-
Avg	-	-
Low	-	-

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.