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Aehr Test (DE:AYB)
NASDAQ:AYB

Aehr Test Systems (AYB) Price & Analysis

7 Followers

AYB Stock Chart & Stats

€67.92
€0.30(1.85%)
At close: 4:00 PM EST
€67.92
€0.30(1.85%)

Bulls Say, Bears Say

Bulls Say
Record Bookings And BacklogA record bookings surge and a $50.9M effective backlog create a multi-quarter revenue runway rather than one-off demand. Durable backlog reduces near-term top-line volatility, supports production planning and capacity utilization, and underpins management's revenue guidance if orders ship on schedule.
Large, Diverse Customer WinsMultiple strategic production wins across wafer‑level AI, silicon photonics and hyperscaler package production diversify end-market exposure and validate product fit for high-reliability, high-volume customers. These durable commercial relationships can drive repeat system and consumable revenue as customers scale.
Conservative Balance Sheet And Fresh EquityLow debt and a strengthened liquidity position from ATM proceeds provide financial flexibility to support production ramps, R&D and CMs integration. This capital cushion reduces insolvency risk during cyclical downturns and enables the company to fund consumable growth and capacity expansion without near-term solvency pressure.
Bears Say
Negative Profitability And Cash FlowSustained negative margins and operating cash burn materially weaken the company's ability to self-fund growth. If margins and cash generation do not recover as backlog converts, management may need repeated external financing, which can dilute shareholders and constrain long-term investment in product development and scale-up.
Margin Pressure And Weak Consumables MixLower volumes and a weaker consumables mix compress gross margins; consumables typically offer higher recurring margins. A slower-than-expected recovery in WaferPak/contactor demand would limit margin normalization and reduce the long-term profitability leverage of the installed base expansion.
Lumpy Orders And Technical Execution RiskLarge, irregular orders and protracted technical evaluations create volatile revenue timing and execution risk. Even with strong bookings, delayed benchmarks or design rework can push shipments and consumable pull-through into later quarters, making revenue and margin recovery dependent on successful, timely customer qualifications.

Aehr Test Systems News

AYB FAQ

What was Aehr Test’s price range in the past 12 months?
Aehr Test lowest stock price was €11.68 and its highest was €102.00 in the past 12 months.
    What is Aehr Test’s market cap?
    Aehr Test’s market cap is €2.10B.
      When is Aehr Test’s upcoming earnings report date?
      Aehr Test’s upcoming earnings report date is Jul 14, 2026 which is in 3 days.
        How were Aehr Test’s earnings last quarter?
        Aehr Test released its earnings results on Apr 07, 2026. The company reported -€0.044 earnings per share for the quarter, beating the consensus estimate of -€0.061 by €0.018.
          Is Aehr Test overvalued?
          According to Wall Street analysts Aehr Test’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Aehr Test pay dividends?
            Aehr Test does not currently pay dividends.
            What is Aehr Test’s EPS estimate?
            Aehr Test’s EPS estimate is >-0.01.
              How many shares outstanding does Aehr Test have?
              Aehr Test has 31,453,255 shares outstanding.
                What happened to Aehr Test’s price movement after its last earnings report?
                Aehr Test reported an EPS of -€0.044 in its last earnings report, beating expectations of -€0.061. Following the earnings report the stock price went up 20.913%.
                  Which hedge fund is a major shareholder of Aehr Test?
                  Currently, no hedge funds are holding shares in DE:AYB
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Aehr Test

                    Aehr Test Systems, founded in 1977 and based in Fremont, California, specializes in the global provision of advanced burn-in and test systems for integrated circuits, encompassing logic, optical, and memory devices. Its extensive product lineup includes the ABTS and FOX-P families of test and burn-in solutions, complemented by specialized components such as the FOX WaferPak Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier, and FOX DiePak Loader. The ABTS system is specifically designed for both production and qualification assessments of packaged parts, covering a range of lower and higher power logic devices, as well as various memory types. For more complex integrated circuits like memories, digital signal processors, microprocessors, microcontrollers, systems-on-a-chip, and integrated optical devices, the FOX-XP and FOX-NP systems facilitate burn-in and functional testing at both the wafer and individual die/module levels. Aehr's FOX-CP system offers a compact, single-wafer solution for verifying the reliability of logic, memory, and photonic devices. A distinguishing offering, the WaferPak Contactor, features an exclusive full-wafer probe card, accommodating wafers up to 300mm, which enables semiconductor manufacturers to conduct comprehensive wafer-level testing and burn-in on Aehr's FOX platforms. Furthermore, the DiePak Carrier provides a reusable, temporary packaging medium, empowering IC manufacturers to complete final testing and burn-in processes for bare die and modules.

                    Aehr Test Systems (AYB) Earnings & Revenues

                    AYB Earnings Call

                    Q3 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call presented a mix of strong commercial momentum and near-term financial softness. Positive takeaways include a dramatic bookings surge (Q3 $37.2M vs $6.2M in Q2), a record effective backlog ($50.9M), multiple large customer wins across wafer-level AI, silicon photonics, package-level hyperscaler production, and expanded manufacturing capacity (>20 Sonoma/month). These items underpin management's guidance for fiscal '26 revenue to be on the high side of prior guidance and a return to non-GAAP profitability in Q4. Offsetting these positives are a sizable YOY revenue decline (-44% to $10.3M), gross margin contraction (-6.2 percentage points), a non-GAAP net loss in the quarter versus prior-year profit, lumpy timing of large orders, and some technical delays in benchmark evaluations. Overall, the forward-looking bookings, backlog and customer engagements are substantial and suggest meaningful future growth potential, while near-term operational and margin pressures create short-term risk.View all DE:AYB earnings summaries

                    AYB Stock 12 Month Forecast

                    Average Price Target

                    €48.94
                    ▼(-27.95% Downside)
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