Aehr Test Systems
AEHR
NASDAQ·Technology·Semiconductors·Mkt cap $2.8B
$86.26
▲ +13.10%
P/E
-375.04
Mkt Cap
$2.8B
52-Wk Range
$18.70–$147.40
52-Week Range
$18.70 - $147.40
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 242.4% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Proprietary full-wafer probe card technology supporting wafers up to 300mm
- Specialized expertise in burn-in and functional testing for complex semiconductor devices
- Established relationships with major IC manufacturers and 45+ years of industry experience
- Comprehensive product ecosystem addressing multiple stages of semiconductor testing
Bear Case
2 risks
- Very high volatility (beta 3.1). Expect 3x market swings. Position size accordingly.
- Extreme premium - high expectations embedded
Growth
Turning profitable
Increasing semiconductor complexity driving demand for advanced testing solutions
Value
Extreme premium - high expectations embedded
Momentum
Weak
-9.8% over 3m
Quality
Stable
Below average quality
Dividend
None
No dividend
Smart-money signal
Who's buying AEHR right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Latest print - beat on both lines
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Oct 5, 2026
JUL 14, 2026
Reported EPS of $0.11 vs -$0.01 consensus (+1200.0% surprise). Revenue of $18.8M vs $18.7M expected (+0.6%). Beat on both top and bottom lines.
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q3 26
+1200.0%
Revenue trend · last 8Q
—
—
+142%
-15%
-16%
-27%
-44%
+40%
Q1 24
Q2 24
Q3 25
Q4 25
Q1 25
Q2 25
Q3 26
Q4 26
$13.1M
$13.5M
$18.3M
$14.1M
$11.0M
$9.9M
$10.3M
$19.8M
Margins · last 8Q
Gross
40.6%
Operating
-5.0%
Profit
7.0%
Wall Street consensus
3 analysts · 100% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
100%
Hold
0%
Sell
0%
Median Price Target
—
Latest: Jefferies · Aug 13, 2026
vs Industry
How AEHR stacks vs Semiconductors
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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