Applied Optoelectronics Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Applied Optoelectronics stock has a consensus rating of "Buy" and an average price target of $151.3. The average 1-year stock price forecast is 21.01% lower than the current stock price, while the lowest is $57.5 (-69.98%) and the highest is $220 (+14.85%).

Price Target: $151.3 (-21.01%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$57.5	$151.3	$160	$220
Change	-69.98%	-21.01%	-16.47%	+14.85%

* Price targets were last updated on May 8, 2026.

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	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	2	2	1	1	1	1
Buy	2	2	2	2	2	2
Hold	1	1	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	1	1	0	0	0	0
Total	6	6	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tim Savageaux Northland Securities	Northland Securities	Hold Reiterates $55 → $58	Hold	Reiterates	$55 → $58	-69.98%	May 8, 2026
Simon Leopold Raymond James	Raymond James	Buy Maintains $73 → $160	Buy	Maintains	$73 → $160	-16.47%	May 8, 2026
Dave Kang B. Riley Securities	B. Riley Securities	Hold Reiterates $54 → $129	Hold	Reiterates	$54 → $129	-32.65%	May 8, 2026
Ryan Koontz Needham	Needham	Buy Maintains $80 → $190	Buy	Maintains	$80 → $190	-0.81%	May 8, 2026
Michael Genovese Rosenblatt Securities	Rosenblatt Securities	Buy Reiterates $140 → $220	Buy	Reiterates	$140 → $220	+14.85%	May 8, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.03B

from 455.72M

125.99%

from 455.72M

Revenue Next Year

2.57B

from 1.03B

149.95%

from 1.03B

EPS This Year

0.89

from -0.26

EPS Next Year

4.77

from 0.89

437.19%

from 0.89

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	211.57M	222.82M	217.65M	249.37M	455.72M	1.03B
Revenue Growth	-9.83%	5.32%	-2.32%	14.57%	82.75%	125.99%
Gross Profit	37.72M	33.63M	58.92M	61.80M	136.91M	321.94M
Gross Margin	17.83%	15.09%	27.07%	24.78%	30.04%	31.26%
Operating Income	-56.77M	-59.00M	-41.35M	-70.91M	-54.60M	94.26M
Net Income	-54.16M	-66.40M	-56.05M	-186.73M	-38.23M	73.35M
EPS	-	-	-	-	-0.26	0.89
Forward PE	-	-	87.82	81.01	144.95	215.63
Free Cash Flow	-2.98M	7.67M	2.10M	-96.63M	-383.90M	-147.81M
No. Analysts	-	-	-	-	-	5

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027
High	1.1B
Avg	1.0B
Low	886.3M

Revenue Growth

Revenue Growth	2026	2027
High	142.1%
Avg	126.0%
Low	94.5%

EPS Forecast

EPS	2026	2027
High	1.27
Avg	0.89
Low	0.45

EPS Growth

EPS Growth	2026	2027
High	-
Avg	-
Low	-