Applied Optoelectronics, Inc. (AAOI)
NASDAQ: AAOI · IEX Real-Time Price · USD
11.06
+0.40 (3.75%)
Apr 26, 2024, 12:41 PM EDT - Market open
Applied Optoelectronics Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for AAOI stock have an average target of 20, which predicts an increase of 80.83% from the current stock price of 11.06.
Analyst Consensus: Buy
* Price targets were last updated on Feb 23, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Maintains $23 → $20 | Strong Buy | Maintains | $23 → $20 | +80.83% | 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 | +107.96% | Jan 30, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $13 → $20 | Buy | Maintains | $13 → $20 | +80.83% | Aug 30, 2023 |
| B. Riley Securities | B. Riley Securities | Hold → Strong Buy Upgrades $2.5 → $12 | Hold → Strong Buy | Upgrades | $2.5 → $12 | +3.98% | Aug 4, 2023 |
Financial Forecast
Revenue This Year
293.69M
from 217.65M
Increased by 34.94%
Revenue Next Year
440.68M
from 293.69M
Increased by 50.05%
EPS This Year
-0.09
from -1.75
EPS Next Year
0.89
from -0.09
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 318.3M | 496.8M |
| Avg | 293.7M | 440.7M |
| Low | 246.6M | 372.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 46.2% | 69.1% |
| Avg | 34.9% | 50.0% |
| Low | 13.3% | 26.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.05 | 1.06 |
| Avg | -0.09 | 0.89 |
| Low | -0.46 | 0.66 |
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.