Applied Optoelectronics, Inc. (NASDAQ:AAOI) Stock Has Consensus Target Price of $139.40

Shares of Applied Optoelectronics, Inc. (NASDAQ:AAOI) have been given an average recommendation of “Hold” by the six analysts that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $139.40.

Several research analysts have recently weighed in on AAOI shares. B. Riley Financial reaffirmed a “neutral” rating on shares of Applied Optoelectronics in a report on Friday, August 7th. Weiss Ratings lowered Applied Optoelectronics from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, August 17th. Needham & Company LLC reduced their target price on Applied Optoelectronics from $220.00 to $190.00 and set a “buy” rating for the company in a research report on Friday, August 7th. Wall Street Zen upgraded Applied Optoelectronics from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $178.00 price target on shares of Applied Optoelectronics in a report on Tuesday, August 11th.

Insiders Place Their Bets

In related news, insider Hung-Lun Chang sold 32,172 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $110.21, for a total value of $3,545,676.12. Following the completion of the sale, the insider owned 249,276 shares in the company, valued at $27,472,707.96. The trade was a 11.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Shu-Hua Yeh sold 6,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $147.73, for a total transaction of $886,380.00. Following the completion of the sale, the insider owned 377,498 shares of the company’s stock, valued at approximately $55,767,779.54. The trade was a 1.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 52,172 shares of company stock valued at $6,092,409 over the last 90 days. Insiders own 3.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of Applied Optoelectronics during the 2nd quarter worth approximately $955,672,000. Renaissance Technologies LLC bought a new position in shares of Applied Optoelectronics in the 1st quarter worth about $47,817,000. William Blair Investment Management LLC purchased a new position in Applied Optoelectronics during the 2nd quarter valued at about $74,703,000. Next Century Growth Investors LLC purchased a new position in Applied Optoelectronics during the 4th quarter valued at about $16,220,000. Finally, Kennedy Capital Management LLC bought a new stake in Applied Optoelectronics during the fourth quarter worth about $15,586,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

Applied Optoelectronics Trading Up 5.2%

NASDAQ:AAOI opened at $121.57 on Friday. The company has a current ratio of 2.78, a quick ratio of 2.13 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $10.28 billion, a PE ratio of -155.86 and a beta of 3.85. The firm’s 50 day moving average is $111.73 and its 200 day moving average is $133.06. Applied Optoelectronics has a 12 month low of $18.50 and a 12 month high of $233.67.

Applied Optoelectronics (NASDAQ:AAOI) last announced its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.04. The company had revenue of $191.92 million during the quarter, compared to analyst estimates of $190.48 million. Applied Optoelectronics had a negative return on equity of 1.98% and a negative net margin of 9.57%.The firm’s revenue for the quarter was up 86.3% on a year-over-year basis. During the same quarter last year, the firm posted ($0.16) EPS. Applied Optoelectronics has set its Q3 2026 guidance at 0.110-0.260 EPS. Sell-side analysts expect that Applied Optoelectronics will post 0.55 earnings per share for the current year.

Applied Optoelectronics Company Profile

Applied Optoelectronics, Inc (NASDAQ: AAOI) develops and manufactures fiber-optic networking products used to transmit data across broadband, data center, telecommunications and wireless networks. Its portfolio includes optical transceivers, modules, lasers, components and networking equipment designed for high-speed communications infrastructure.

The company serves communications service providers, cable television and broadband operators, internet content providers, data center operators and telecommunications customers.