Needham & Company LLC Increases Advanced Energy Industries (NASDAQ:AEIS) Price Target to $290.00

Advanced Energy Industries (NASDAQ:AEIS) had its price objective raised by investment analysts at Needham & Company LLC from $225.00 to $290.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the electronics maker’s stock. Needham & Company LLC’s price objective would suggest a potential upside of 14.24% from the company’s current price.

Other equities research analysts also recently issued reports about the company. Citigroup increased their price target on Advanced Energy Industries from $167.00 to $255.00 and gave the stock a “buy” rating in a report on Wednesday, November 12th. Wells Fargo & Company lifted their price target on shares of Advanced Energy Industries from $215.00 to $225.00 and gave the company an “equal weight” rating in a research report on Thursday. TD Cowen boosted their price objective on shares of Advanced Energy Industries from $140.00 to $210.00 and gave the stock a “hold” rating in a research report on Wednesday, November 5th. Wall Street Zen upgraded Advanced Energy Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 10th. Finally, Zacks Research cut shares of Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $249.44.

Advanced Energy Industries Price Performance

Shares of AEIS opened at $253.86 on Friday. The stock has a market cap of $9.58 billion, a PE ratio of 66.63, a price-to-earnings-growth ratio of 1.22 and a beta of 1.39. The company has a debt-to-equity ratio of 0.43, a current ratio of 4.10 and a quick ratio of 3.01. Advanced Energy Industries has a 1-year low of $75.01 and a 1-year high of $264.00. The firm has a fifty day moving average price of $215.83 and a 200 day moving average price of $181.80.

Advanced Energy Industries (NASDAQ:AEIS) last released its quarterly earnings results on Tuesday, November 4th. The electronics maker reported $1.74 EPS for the quarter, topping the consensus estimate of $1.47 by $0.27. Advanced Energy Industries had a return on equity of 14.27% and a net margin of 8.41%.The company had revenue of $463.30 million for the quarter, compared to analyst estimates of $441.54 million. During the same quarter in the previous year, the company posted $0.98 earnings per share. The firm’s revenue was up 23.8% compared to the same quarter last year. Advanced Energy Industries has set its Q4 2025 guidance at 1.500-2.000 EPS. As a group, sell-side analysts anticipate that Advanced Energy Industries will post 3.66 EPS for the current year.

Insider Activity

In related news, EVP Paul R. Oldham sold 8,174 shares of the company’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $203.11, for a total value of $1,660,221.14. Following the sale, the executive vice president directly owned 24,792 shares of the company’s stock, valued at $5,035,503.12. This represents a 24.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Tina Donikowski sold 2,257 shares of Advanced Energy Industries stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $210.33, for a total value of $474,714.81. Following the completion of the transaction, the director owned 8,248 shares of the company’s stock, valued at $1,734,801.84. This trade represents a 21.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Advanced Energy Industries

Several institutional investors have recently made changes to their positions in AEIS. Azzad Asset Management Inc. ADV grew its position in shares of Advanced Energy Industries by 0.4% during the third quarter. Azzad Asset Management Inc. ADV now owns 10,720 shares of the electronics maker’s stock worth $1,824,000 after acquiring an additional 45 shares during the last quarter. Allworth Financial LP increased its position in shares of Advanced Energy Industries by 9.2% during the 3rd quarter. Allworth Financial LP now owns 582 shares of the electronics maker’s stock valued at $99,000 after purchasing an additional 49 shares during the period. EverSource Wealth Advisors LLC raised its position in Advanced Energy Industries by 19.9% in the third quarter. EverSource Wealth Advisors LLC now owns 374 shares of the electronics maker’s stock worth $64,000 after acquiring an additional 62 shares in the last quarter. D.A. Davidson & CO. lifted its stake in Advanced Energy Industries by 3.5% during the third quarter. D.A. Davidson & CO. now owns 1,860 shares of the electronics maker’s stock valued at $316,000 after purchasing an additional 63 shares during the last quarter. Finally, Huntington National Bank grew its holdings in shares of Advanced Energy Industries by 14.4% in the 3rd quarter. Huntington National Bank now owns 541 shares of the electronics maker’s stock worth $92,000 after acquiring an additional 68 shares during the last quarter. 99.67% of the stock is owned by institutional investors.

Advanced Energy Industries Company Profile

Advanced Energy Industries, Inc is a global technology company specializing in precision power conversion, measurement, and control solutions. The company designs and manufactures a broad portfolio of products including high-voltage power supplies, RF and microwave generators, digital power controllers, reactive gas control systems, and thin film measurement instruments. These solutions enable advanced processes in semiconductor fabrication, flat panel display manufacturing, industrial coating, data storage, telecommunications and medical device production.

Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy has grown through strategic product development and international expansion.