Applied Optoelectronics, Inc. (AAOI)
NASDAQ: AAOI · IEX Real-Time Price · USD
19.32
-2.58 (-11.78%)
At close: Dec 29, 2023, 4:00 PM
19.38
+0.06 (0.31%)
After-hours: Dec 29, 2023, 7:58 PM EST
Applied Optoelectronics Stock Forecast
Stock Price Forecast
According to 2 stock analysts, the average 12-month stock price forecast for AAOI stock stock is $15.75, which predicts a decrease of -18.48%. The lowest target is $11.5 and the highest is $20. On average, analysts rate AAOI stock stock as a strong buy.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 30, 2023.
Analyst Ratings
The average analyst rating for AAOI stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $13 → $20 | Buy | Maintains | $13 → $20 | +3.52% | Aug 30, 2023 |
| B. Riley Securities | B. Riley Securities | Hold → Strong Buy Upgrades $3 → $12 | Hold → Strong Buy | Upgrades | $3 → $12 | -40.48% | Aug 4, 2023 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $5 → $8 | Buy | Maintains | $5 → $8 | -61.18% | Sep 16, 2022 |
| Craig-Hallum | Craig-Hallum | Hold → Strong Sell Downgrades $3 | Hold → Strong Sell | Downgrades | $3 | -87.06% | Feb 25, 2022 |
| Rosenblatt | Rosenblatt | Hold Maintains $8 → $6 | Hold | Maintains | $8 → $6 | -68.94% | Feb 25, 2022 |
Financial Forecast
Revenue This Year
226.70M
from 222.82M
Increased by 1.74%
Revenue Next Year
358.79M
from 226.70M
Increased by 58.27%
EPS This Year
-0.50
from -2.38
EPS Next Year
0.52
from -0.50
Revenue Forecast
| Revenue | 2023 | 2024 |
|---|---|---|
| High | 233.5M | 415.4M |
| Avg | 226.7M | 358.8M |
| Low | 217.7M | 320.6M |
Revenue Growth
| Revenue Growth | 2023 | 2024 |
|---|---|---|
| High | 4.8% | 83.2% |
| Avg | 1.7% | 58.3% |
| Low | -2.3% | 41.4% |
EPS Forecast
| EPS | 2023 | 2024 |
|---|---|---|
| High | -0.47 | 0.62 |
| Avg | -0.50 | 0.52 |
| Low | -0.50 | 0.43 |
EPS Growth
| EPS Growth | 2023 | 2024 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.