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AEHR Stock Chart & Stats
$95.59
-$12.19(-13.77%)
At close: 4:00 PM EDT
$95.59
-$12.19(-13.77%)
Day’s Range― - ―
52-Week Range$18.70 - $147.40
Previous CloseN/A
Volume2.73M
Average Volume (3M)2.63M
Market Cap
$1.98B
Enterprise Value$2.96B
Total Cash (Recent Filing)$116.36M
Total Debt (Recent Filing)$9.88M
Price to Earnings (P/E)―
Beta2.87
Next Earnings
Nov 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.23
Shares Outstanding32,659,546
10 Day Avg. Volume3,136,658
30 Day Avg. Volume2,631,471
Financial Highlights & Ratios
PEG Ratio-5.22
Price to Book (P/B)12.90
Price to Sales (P/S)56.63
P/FCF Ratio-526.72
Enterprise Value/Market Cap1.49
Enterprise Value/Revenue58.06
Enterprise Value/Gross Profit167.48
Enterprise Value/Ebitda-360.24
Forecast
1Y Price Target
$147.50Price Target Upside54.30% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.73
Revenue Forecast (FY)$135.91M
Bulls Say, Bears Say
Bulls Say
Record Bookings And BacklogRecord bookings and a roughly $100.6M effective backlog provide substantial demand visibility for Aehr’s systems. This commercial momentum can support production scaling and revenue conversion over the next several quarters, provided the company executes deliveries as planned.
FY27 Growth And Profitability OutlookManagement’s FY27 outlook points to a potential step-change in scale, with strong revenue growth paired with projected pretax profitability. If achieved, this combination would improve operating leverage, strengthen earnings quality, and support reinvestment in future product and customer programs.
Strong Balance Sheet And LiquidityThe substantially larger cash balance gives Aehr meaningful flexibility to fund capacity expansion, product development, and working-capital needs. Low leverage and a sizable equity cushion also reduce balance-sheet strain while the company pursues its aggressive growth plan.
Bears Say
Recent Losses And Cash BurnOngoing operating and free-cash-flow deficits reduce financial quality and make execution more important during the planned growth ramp. If losses or cash burn persist, Aehr may have less flexibility to fund expansion internally despite its current liquidity position.
Volatile And Lumpy DemandLumpy orders and cyclical end-market demand can create uneven quarterly revenue, utilization, and margins even when the longer-term opportunity remains attractive. This variability makes forecasting and resource planning harder and increases the risk of missed execution during the ramp.
Supply And Component Cost PressureExtended lead times and sharply higher component costs can delay system deliveries, pressure gross margins, and require advance procurement. These constraints could limit the pace or profitability of growth if supplier conditions remain difficult during the planned expansion.
Aehr Test Systems News
AEHR FAQ
What was Aehr Test Systems’s price range in the past 12 months?
Aehr Test Systems lowest stock price was $18.70 and its highest was $147.40 in the past 12 months.
What is Aehr Test Systems’s market cap?
Aehr Test Systems’s market cap is $1.98B.
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 14 days.
How were Aehr Test Systems’s earnings last quarter?
Aehr Test Systems released its earnings results on Jul 14, 2026. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of -$0.008 by $0.118.
Is Aehr Test Systems overvalued?
According to Wall Street analysts Aehr Test Systems’s price is currently Undervalued.
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 $0.11 in its last earnings report, beating expectations of -$0.008. Following the earnings report the stock price went up 21.914%.
Which hedge fund is a major shareholder of Aehr Test Systems?
Currently, no hedge funds are holding shares in AEHR
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
Aehr Test Systems Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$147.50 (54.30% Upside)
$147.50 (54.30% Upside)
Blogger Sentiment
Bullish
AEHR Sentiment 67%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 159.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $18.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.1%
Last 30 Days ▲ 1.3%
Last 30 Days ▲ 1.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
126.88%
12-Months-Change
Fundamentals
Return on Equity
-4.66%
Trailing 12-Months
Asset Growth
66.11%
Trailing 12-Months
Learn more about TipRanks Smart Score
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 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 AEHR earnings summariesAEHR Stock 12 Month Forecast
Average Price Target
$147.50
▲(54.30% Upside)
Technical Analysis
Ownership Overview
4.96% Insiders
16.57% Mutual Funds
0.71% Other Institutional Investors
63.06% Public Companies and Individual Investors











