Aehr Test Systems Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, Aehr Test Systems stock has a consensus rating of "Buy" and an average price target of $63.67. The average 1-year stock price forecast is 44.73% lower than the current stock price, while the lowest is $56 (-51.39%) and the highest is $68 (-40.97%).

Price Target: $63.67 (-44.73%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$56	$63.67	$67	$68
Change	-51.39%	-44.73%	-41.84%	-40.97%

* Price targets were last updated on Apr 16, 2026.

Analyst Ratings

The average analyst rating for Aehr Test Systems 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	Jun '26
Strong Buy	1	1	1	2	3	3
Buy	0	0	0	0	0	0
Hold	3	3	3	2	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jed Dorsheimer William Blair	William Blair	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Jun 3, 2026
Max Michaelis Lake Street	Lake Street	Buy Maintains $56	Buy	Maintains	$56	-51.39%	Apr 16, 2026
Christian Schwab Craig-Hallum	Craig-Hallum	Buy Upgrades $68	Buy	Upgrades	$68	-40.97%	Apr 7, 2026

Financial Forecast

Revenue This Year

49.84M

from 58.97M

-15.49%

from 58.97M

Revenue Next Year

85.14M

from 49.84M

70.85%

from 49.84M

EPS This Year

-0.10

from 0.15

EPS Next Year

0.15

from -0.10

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	May 31, 2021	May 31, 2022	May 31, 2023	May 31, 2024	May 30, 2025	May 31, 2026
Revenue	16.60M	50.83M	64.96M	66.22M	58.97M	49.84M
Revenue Growth	-25.53%	206.20%	27.80%	1.94%	-10.95%	-15.49%
Gross Profit	6.03M	23.67M	32.75M	32.54M	23.93M	17.21M
Gross Margin	36.34%	46.56%	50.41%	49.15%	40.59%	34.53%
Operating Income	-4.18M	7.80M	13.38M	10.08M	-4.31M	-11.42M
Net Income	-2.03M	9.45M	14.56M	33.16M	-3.91M	-9.93M
EPS	-	-	-	-	0.15	-0.10
Free Cash Flow	-1.13M	-436.00K	4.20M	-4.26M	-10.01M	4.01M
No. Analysts	-	-	-	-	-	4

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

Revenue Forecast

Revenue	2026	2027	2028
High	52.7M
Avg	49.8M
Low	48.2M

Revenue Growth

Revenue Growth	2026	2027	2028
High	-10.7%
Avg	-15.5%
Low	-18.3%

EPS Forecast

EPS	2026	2027	2028
High	-0.08
Avg	-0.10
Low	-0.11

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-