Applied Optoelectronics, Inc. (AAOI)
NASDAQ: AAOI · IEX Real-Time Price · USD
9.68
-0.72 (-6.97%)
At close: Jul 19, 2024, 4:00 PM
9.61
-0.07 (-0.67%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Applied Optoelectronics Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for AAOI stock have an average target of 16, with a low estimate of 12 and a high estimate of 20. The average target predicts an increase of 65.37% from the current stock price of 9.68.
Analyst Consensus: Buy
* Price targets were last updated on May 10, 2024.
Analyst Ratings
The average analyst rating for AAOI stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Maintains $20 → $16 | Strong Buy | Maintains | $20 → $16 | +65.37% | May 10, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $16 → $12 | Hold | Maintains | $16 → $12 | +24.03% | May 10, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $23 → $20 | Strong Buy | Maintains | $23 → $20 | +106.72% | Feb 23, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Feb 23, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | +137.73% | Jan 30, 2024 |
Financial Forecast
Revenue This Year
277.65M
from 217.65M
Increased by 27.57%
Revenue Next Year
456.74M
from 277.65M
Increased by 64.50%
EPS This Year
-0.42
from -1.75
EPS Next Year
0.80
from -0.42
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 323.9M | 537.8M |
| Avg | 277.7M | 456.7M |
| Low | 207.6M | 369.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 48.8% | 93.7% |
| Avg | 27.6% | 64.5% |
| Low | -4.6% | 33.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.08 | 1.13 |
| Avg | -0.42 | 0.80 |
| Low | -0.96 | 0.30 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.