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AAOI Stock Chart & Stats
$113.15
-$11.87(-10.60%)
At close: 4:00 PM EDT
$113.15
-$11.87(-10.60%)
Day’s Range― - ―
52-Week Range$18.50 - $233.67
Previous CloseN/A
Volume7.10M
Average Volume (3M)9.58M
Market Cap
$6.56B
Enterprise Value$11.88B
Total Cash (Recent Filing)$499.74M
Total Debt (Recent Filing)$264.54M
Price to Earnings (P/E)―
Beta3.67
Next Earnings
Nov 05, 2026EPS Estimate
0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.78
Shares Outstanding84,906,290
10 Day Avg. Volume13,401,362
30 Day Avg. Volume9,578,011
Financial Highlights & Ratios
PEG Ratio0.63
Price to Book (P/B)2.86
Price to Sales (P/S)4.60
P/FCF Ratio-5.93
Enterprise Value/Market Cap1.81
Enterprise Value/Revenue19.93
Enterprise Value/Gross Profit68.92
Enterprise Value/Ebitda-474.30
Forecast
1Y Price Target
$160.00Price Target Upside41.41% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)0.74
Revenue Forecast (FY)$1.05B
Bulls Say, Bears Say
Bulls Say
Strong Revenue And Product GrowthAAOI is gaining traction across data-center connectivity products, with record revenue and particularly strong growth in 400G and 800G offerings. Continued adoption of higher-speed optical links can support durable volume growth, improve product mix, and broaden the company’s role in network upgrades.
Low Balance-sheet LeverageManageable leverage gives AAOI greater flexibility to fund capacity expansion and absorb normal industry volatility without excessive debt service. A sizable equity base relative to debt also provides financial resilience as the company invests in facilities, equipment, and next-generation optical products.
Scalable Manufacturing And Vertical IntegrationInternal laser production and adaptable automated lines can strengthen supply control, manufacturing efficiency, and gross-margin potential as demand shifts toward faster products. Reusing production infrastructure across 800G and 1.6T may also improve returns on expansion spending over time.
Bears Say
Deeply Negative Cash GenerationAAOI is currently consuming substantial cash rather than funding operations internally, increasing dependence on external financing while expansion continues. Persistent working-capital needs and investment spending could limit financial flexibility and create greater execution risk if profitability does not convert into cash.
High Customer ConcentrationRevenue concentration leaves AAOI materially exposed to purchasing decisions, demand changes, and timing at a small number of customers. Losing or reducing business with a major account could cause a significant revenue decline and make quarterly results less predictable despite strong overall market demand.
Capacity And Component ConstraintsStrong demand cannot fully translate into revenue while production capacity and key components remain constrained. These bottlenecks may defer customer shipments, limit near-term market capture, and increase execution pressure as AAOI simultaneously expands facilities, equipment, and product output.
AAOI FAQ
What was Applied Optoelectronics’s price range in the past 12 months?
Applied Optoelectronics lowest stock price was $18.50 and its highest was $233.67 in the past 12 months.
What is Applied Optoelectronics’s market cap?
Applied Optoelectronics’s market cap is $6.56B.
When is Applied Optoelectronics’s upcoming earnings report date?
Applied Optoelectronics’s upcoming earnings report date is Nov 05, 2026 which is in 13 days.
How were Applied Optoelectronics’s earnings last quarter?
Applied Optoelectronics released its earnings results on Aug 06, 2026. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.015 by $0.045.
Is Applied Optoelectronics overvalued?
According to Wall Street analysts Applied Optoelectronics’s price is currently Undervalued.
Does Applied Optoelectronics pay dividends?
Applied Optoelectronics does not currently pay dividends.
What is Applied Optoelectronics’s EPS estimate?
Applied Optoelectronics’s EPS estimate is 0.14.
How many shares outstanding does Applied Optoelectronics have?
Applied Optoelectronics has 84,906,290 shares outstanding.
What happened to Applied Optoelectronics’s price movement after its last earnings report?
Applied Optoelectronics reported an EPS of $0.06 in its last earnings report, beating expectations of $0.015. Following the earnings report the stock price went up 9.185%.
Which hedge fund is a major shareholder of Applied Optoelectronics?
Currently, no hedge funds are holding shares in AAOI
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
Applied Optoelectronics Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$160.00 (41.41% Upside)
$160.00 (41.41% Upside)
Blogger Sentiment
Bullish
AAOI Sentiment 76%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days >0.1%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
131.49%
12-Months-Change
Fundamentals
Return on Equity
-5.61%
Trailing 12-Months
Asset Growth
188.79%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Applied Optoelectronics
Applied Optoelectronics, Inc. (AAOI) is a global technology firm specializing in the creation, production, and distribution of fiber-optic networking solutions. Its extensive product catalog features optical modules, a range of laser components, subassemblies, transceivers, and complete turn-key systems. The company also supplies critical infrastructure hardware such as headend, node, and distribution equipment. AAOI caters to a varied clientele, including internet data center operators, manufacturers of cable television and telecommunications equipment, and internet service providers, utilizing both direct and partner-based sales channels. Founded in 1997, Applied Optoelectronics, Inc. is headquartered in Sugar Land, Texas.
AAOI Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated very strong demand, record revenue growth (86% YoY), return to non-GAAP profitability, clear product momentum in 400G/800G/1.6T, and aggressive U.S. capacity expansion funded by recent equity raises. However, the company repeatedly emphasized that near-term revenue is capacity- and component-constrained, is incurring elevated OpEx and heavy CapEx to scale, and faces customer concentration and some supply-chain/timing risks. On balance, the operational wins, robust guidance, and financial resources to fund expansion outweigh the execution and supply constraints described.View all AAOI earnings summariesAAOI Stock 12 Month Forecast
Average Price Target
$160.00
▲(41.41% Upside)
Technical Analysis
Ownership Overview
4.91% Insiders
16.82% Mutual Funds
1.02% Other Institutional Investors
62.12% Public Companies and Individual Investors











