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Aehr Test Systems (DE:AYB)
FRANKFURT:AYB

Aehr Test Systems (AYB) Price & Analysis

7 Followers

AYB Stock Chart & Stats

€76.30
-€4.78(-7.44%)
At close: 4:00 PM EDT
€76.30
-€4.78(-7.44%)

Bulls Say, Bears Say

Bulls Say
Record Backlog Supports GrowthRecord bookings and a substantially larger backlog provide visible demand for future system shipments and consumables. This improves revenue visibility over the next several quarters, supports production planning, and gives the company a stronger foundation for scaling its installed base.
AI And Photonics Market ExpansionThe shift toward AI processors and silicon photonics broadens Aehr’s exposure beyond its historical silicon carbide concentration. These applications require reliability screening and wafer-level burn-in, creating opportunities for repeat equipment, contactor, and service demand as customer production ramps.
Strong Liquidity And Low LeverageLow leverage and a substantial equity cushion give Aehr financial flexibility while it expands capacity and develops new products. A stronger balance sheet can help fund growth internally, reduce dependence on borrowing, and provide resilience if semiconductor demand remains uneven.
Bears Say
Volatile Revenue And ProfitabilityRecent results show that Aehr’s revenue and profitability remain highly sensitive to customer program timing. The reversal from prior profits to weaker earnings and compressed margins raises execution risk, making the aggressive growth outlook dependent on converting orders into profitable shipments.
Persistent Cash BurnNegative operating and free cash flow reduce financial quality even with a strong balance sheet. If cash generation does not recover as revenue scales, Aehr may need to use liquidity for ongoing operations, limiting capital allocation flexibility and increasing reliance on successful execution.
Operational And Legal Cost PressurePersistent component availability and cost pressures can delay deliveries or reduce margins during the ramp, while litigation and higher operating expenses add to the fixed cost base. Together, these issues could prevent strong bookings from translating into durable earnings and cash generation.

Aehr Test Systems News

AYB FAQ

What was Aehr Test Systems’s price range in the past 12 months?
Aehr Test Systems lowest stock price was €16.47 and its highest was €120.30 in the past 12 months.
    What is Aehr Test Systems’s market cap?
    Aehr Test Systems’s market cap is €2.47B.
      When is Aehr Test Systems’s upcoming earnings report date?
      Aehr Test Systems’s upcoming earnings report date is Nov 02, 2026 which is in 20 days.
        How were Aehr Test Systems’s earnings last quarter?
        Aehr Test Systems released its earnings results on Jul 14, 2026. The company reported €0.098 earnings per share for the quarter, beating the consensus estimate of -€0.007 by €0.105.
          Is Aehr Test Systems overvalued?
          According to Wall Street analysts Aehr Test Systems’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Aehr Test Systems pay dividends?
            Aehr Test Systems does not currently pay dividends.
            What is Aehr Test Systems’s EPS estimate?
            Aehr Test Systems’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Aehr Test Systems have?
            Aehr Test Systems has 32,659,546 shares outstanding.
              What happened to Aehr Test Systems’s price movement after its last earnings report?
              Aehr Test Systems reported an EPS of €0.098 in its last earnings report, beating expectations of -€0.007. Following the earnings report the stock price went up 22.567%.
                Which hedge fund is a major shareholder of Aehr Test Systems?
                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 Systems

                  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

                  Q4 2026
                  0:00 / 0:00
                  Earnings Call Sentiment|Positive
                  The call highlighted multiple strong operational and commercial positives: record bookings and backlog, robust Q4 revenue and margin expansion, large hyperscaler and AI customer momentum, successful technical benchmarks (including with a major AI processor supplier), technological milestones (300mm GaN), a much stronger cash position, and expanded manufacturing capacity. These positives underpin an aggressive FY27 revenue and profitability outlook. Headwinds include FY26 full-year revenue and margin declines, ongoing litigation costs, supplier/parts cost and lead-time pressures, higher operating expenses, and continued uncertainty around some end markets (silicon carbide recovery and memory opportunities). Overall, the constructive commercial wins, backlog, cash runway, and explicit guidance for substantial growth materially outweigh the lowlights, supporting a positive outlook for fiscal 2027, while acknowledging execution and supply-chain/legal risks that could affect delivery.View all DE:AYB earnings summaries

                  AYB Stock 12 Month Forecast

                  Average Price Target

                  €114.24
                  ▲(49.73% Upside)
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<span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":21.74,"date":1761955200000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":19.08,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div 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