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Aehr Test Systems (AEHR)
NASDAQ:AEHR
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Aehr Test Systems (AEHR) Price & Analysis

1,984 Followers

AEHR Stock Chart & Stats

$95.59
-$12.19(-13.77%)
At close: 4:00 PM EDT
$95.59
-$12.19(-13.77%)

Bulls Say, Bears Say

Bulls Say
Record Bookings And Backlog Support Forward Revenue VisibilityRecord bookings and a substantially expanded backlog provide stronger visibility than relying solely on discretionary future orders. This supports production planning, customer adoption and potential revenue scaling over the next several quarters.
AI And Silicon Photonics Exposure Broadens Growth OpportunitiesGreater exposure to AI processors and silicon photonics expands Aehr beyond its previous heavier silicon carbide concentration. These applications require reliability screening and create structural demand opportunities for wafer-level and package-level testing.
Strong Liquidity And Expanded Capacity Improve Execution FlexibilityThe larger cash position gives Aehr resources to fund working capital, manufacturing expansion and product development without a heavy debt burden. Added contract manufacturing capacity also improves its ability to fulfill larger customer programs.
Bears Say
Recent Revenue Decline And Margin Compression Weaken Earnings QualityThe recent deterioration shows that Aehr’s earnings remain sensitive to customer program timing and market cycles. Lower revenue and gross margins reduce operating leverage and make the ambitious recovery dependent on successful execution of the FY27 ramp.
Sustained Negative Operating And Free Cash Flow Increases Execution RiskOngoing cash burn can consume liquidity even when the balance sheet is well funded, particularly as inventory, staffing and capacity investment rise. Cash generation must recover for growth to translate into durable financial strength rather than funding pressure.
Supply-chain Pressure And Ongoing Litigation Could Raise Execution CostsComponent shortages, longer lead times and supplier price increases can delay shipments or compress margins during the planned ramp. Continuing patent litigation adds financial and management uncertainty, creating additional obstacles to consistent execution.

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 $2.50B.
      When is Aehr Test Systems’s upcoming earnings report date?
      Aehr Test Systems’s upcoming earnings report date is Oct 01, 2026 which is in 28 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. 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 is 0.11.
              How many shares outstanding does Aehr Test Systems have?
              Aehr Test Systems has 32,620,450 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

                    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 (AEHR) Earnings & Revenues

                    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 summaries

                    AEHR Stock 12 Month Forecast

                    Average Price Target

                    $130.00
                    ▲(36.00% Upside)
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                    Ownership Overview

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