Analysts Set Aehr Test Systems (NASDAQ:AEHR) Target Price at $68.00

Aehr Test Systems (NASDAQ:AEHR) has received a consensus recommendation of “Hold” from the five analysts that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $68.00.

Several analysts recently issued reports on the company. Lake Street Capital reissued a “buy” rating on shares of Aehr Test Systems in a report on Wednesday, April 8th. Weiss Ratings upgraded Aehr Test Systems from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Craig Hallum raised Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a research report on Wednesday, April 8th. Finally, Wall Street Zen upgraded Aehr Test Systems from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 6th.

Insider Transactions at Aehr Test Systems

In other Aehr Test Systems news, Director Howard T. Slayen sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $85.00, for a total value of $2,125,000.00. Following the sale, the director owned 178,328 shares in the company, valued at approximately $15,157,880. This trade represents a 12.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Rhea J. Posedel sold 17,115 shares of Aehr Test Systems stock in a transaction that occurred on Wednesday, April 22nd. The shares were sold at an average price of $100.00, for a total value of $1,711,500.00. Following the sale, the director directly owned 45,261 shares in the company, valued at approximately $4,526,100. This trade represents a 27.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 151,117 shares of company stock worth $12,963,805 in the last quarter. 6.80% of the stock is currently owned by corporate insiders.

Institutional Trading of Aehr Test Systems

Several hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in Aehr Test Systems by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 2,337,433 shares of the semiconductor company’s stock valued at $47,193,000 after buying an additional 49,243 shares during the period. Wellington Management Group LLP lifted its stake in shares of Aehr Test Systems by 129.9% in the 4th quarter. Wellington Management Group LLP now owns 830,664 shares of the semiconductor company’s stock worth $16,771,000 after acquiring an additional 469,400 shares during the period. Geode Capital Management LLC lifted its stake in shares of Aehr Test Systems by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 685,694 shares of the semiconductor company’s stock worth $13,846,000 after acquiring an additional 5,591 shares during the period. Halter Ferguson Financial Inc. boosted its holdings in shares of Aehr Test Systems by 41.7% in the fourth quarter. Halter Ferguson Financial Inc. now owns 642,129 shares of the semiconductor company’s stock valued at $12,965,000 after acquiring an additional 189,117 shares in the last quarter. Finally, State Street Corp boosted its holdings in shares of Aehr Test Systems by 3.7% in the fourth quarter. State Street Corp now owns 624,085 shares of the semiconductor company’s stock valued at $12,600,000 after acquiring an additional 21,982 shares in the last quarter. Institutional investors own 69.69% of the company’s stock.

Aehr Test Systems Stock Performance

Aehr Test Systems stock opened at $76.21 on Friday. The firm’s 50-day moving average is $95.76 and its 200-day moving average is $59.50. Aehr Test Systems has a 1 year low of $12.93 and a 1 year high of $126.62. The company has a market cap of $2.40 billion, a P/E ratio of -200.55 and a beta of 3.17.

Aehr Test Systems (NASDAQ:AEHR) last announced its quarterly earnings data on Tuesday, April 7th. The semiconductor company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.02. The business had revenue of $10.31 million during the quarter, compared to the consensus estimate of $10.85 million. Aehr Test Systems had a negative net margin of 25.23% and a negative return on equity of 7.15%. As a group, sell-side analysts predict that Aehr Test Systems will post -0.31 earnings per share for the current year.

Key Headlines Impacting Aehr Test Systems

Here are the key news stories impacting Aehr Test Systems this week:

• Positive Sentiment: Aehr announced a follow-on production order for its FOX-XP wafer-level burn-in system from a lead silicon photonics customer, reinforcing demand from an important AI/data center end market. Aehr Receives Follow-On Production Order from Lead Silicon Photonics Customer for Fully Automated FOX-XP Wafer-Level Burn-In System
• Positive Sentiment: Multiple market reports noted the stock jumped on the order news, indicating investors viewed the announcement as a meaningful catalyst for future revenue growth. Aehr Test Systems Shares Rise After Follow-On Production Order
• Positive Sentiment: Some trading commentary also pointed to broader strength in semiconductor and AI-related names, which may have added support to AEHR’s move. Aehr Test Systems, Lam Research, Applied Materials And Other Big Stocks Moving Higher On Thursday
• Neutral Sentiment: Investors are also looking ahead to Aehr’s earnings report next week, which could either confirm or temper enthusiasm around the order momentum. Aehr Test Systems (AEHR) Stock Soars Over 13% on New Silicon Photonics Order

About Aehr Test Systems

Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.

The company’s product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens.