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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)11.12M
Market Cap
$8.76B
Enterprise Value$11.88K
Total Cash (Recent Filing)$499.74M
Total Debt (Recent Filing)$264.54M
Price to Earnings (P/E)―
Beta3.47
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. Volume7,957,242
30 Day Avg. Volume11,121,255
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$163.40Price Target Upside44.41% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)0.75
Revenue Forecast (FY)$1.05B
Bulls Say, Bears Say
Bulls Say
Strong Revenue GrowthRapid revenue growth across data-center and CATV products indicates strong customer demand and improving market penetration. Sustained adoption of higher-speed optical networking products could support meaningful scale over the next several quarters.
High-Speed Product MomentumThe transition toward 400G, 800G and 1.6T products positions AAOI in faster-growing network upgrade cycles. Higher-speed products may improve mix and create a durable platform for data-center revenue expansion.
Manufacturing And Balance-Sheet FlexibilityLow leverage provides financial flexibility while capacity expansion and in-house laser manufacturing support supply control and scalability. Together, these assets can help AAOI convert demand into shipments as new facilities and automated lines come online.
Bears Say
Persistent Cash BurnLarge negative operating and free cash flow shows that growth is not yet self-funding. Continued working-capital needs and expansion spending could require additional financing, increasing execution dependence and weakening financial resilience.
Customer ConcentrationExtreme customer concentration leaves revenue exposed to purchasing changes, program delays, pricing pressure or lost business from a small number of accounts. This limits diversification and makes long-term growth more dependent on customer retention.
Unproven Profitability And ExecutionAAOI remains GAAP-unprofitable while scaling requires elevated operating costs, major capital investment and timely facility execution. Component shortages and incomplete capacity could delay operating leverage and prevent strong demand from translating into durable earnings.
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 $8.76B.
When is Applied Optoelectronics’s upcoming earnings report date?
Applied Optoelectronics’s upcoming earnings report date is Nov 05, 2026 which is in 61 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
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$163.40 (44.41% Upside)
$163.40 (44.41% Upside)
Blogger Sentiment
Bullish
AAOI Sentiment 68%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $78.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 3.2%
Last 30 Days ▲ 3.2%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
336.05%
12-Months-Change
Fundamentals
Return on Equity
―
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
$163.40
▲(44.41% Upside)
Technical Analysis
Ownership Overview
4.95% Insiders
16.82% Mutual Funds
16.01% Other Institutional Investors
49.33% Public Companies and Individual Investors












