Applied Optoelectronics (NASDAQ:AAOI) Given New $45.00 Price Target at B. Riley Financial

Applied Optoelectronics (NASDAQ:AAOI) had its price target lowered by B. Riley Financial from $92.00 to $45.00 in a report issued on Friday,Benzinga reports. B. Riley Financial currently has a neutral rating on the semiconductor company’s stock.

AAOI has been the topic of a number of other reports. Rosenblatt Securities lowered their target price on Applied Optoelectronics from $220.00 to $115.00 and set a “buy” rating on the stock in a research note on Friday. Northland Securities upgraded shares of Applied Optoelectronics from a “market perform” rating to an “outperform” rating and set a $120.00 price target for the company in a research report on Monday, November 2nd. Raymond James Financial restated an “outperform” rating and set a $178.00 price objective on shares of Applied Optoelectronics in a report on Tuesday, August 11th. Weiss Ratings raised shares of Applied Optoelectronics from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, October 21st. Finally, Wall Street Zen upgraded shares of Applied Optoelectronics from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Four research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $111.60.

Applied Optoelectronics Stock Performance

Applied Optoelectronics stock traded up $3.24 during mid-day trading on Friday, reaching $50.13. 21,665,772 shares of the company’s stock were exchanged, compared to its average volume of 12,628,997. The business’s fifty day simple moving average is $92.96 and its 200 day simple moving average is $113.25. The company has a quick ratio of 2.13, a current ratio of 2.78 and a debt-to-equity ratio of 0.12. Applied Optoelectronics has a one year low of $18.50 and a one year high of $233.67. The firm has a market capitalization of $4.24 billion, a PE ratio of -116.58 and a beta of 4.04.

Applied Optoelectronics (NASDAQ:AAOI) last announced its quarterly earnings data on Thursday, November 5th. The semiconductor company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. The firm had revenue of $269.88 million during the quarter, compared to the consensus estimate of $268.11 million. Applied Optoelectronics had a negative return on equity of 1.98% and a negative net margin of 9.57%. The business’s revenue for the quarter was up 127.5% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.09) EPS. On average, sell-side analysts expect that Applied Optoelectronics will post 0.55 earnings per share for the current year.

Insider Buying and Selling at Applied Optoelectronics

In other Applied Optoelectronics news, insider Hung-Lun Chang sold 32,172 shares of the business’s stock in a transaction 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 sale, the insider directly owned 249,276 shares in the company, valued at $27,472,707.96. The trade was a 11.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Stefan J. Murry sold 4,000 shares of the business’s stock in a transaction on Monday, October 12th. The shares were sold at an average price of $102.87, for a total value of $411,480.00. Following the completion of the sale, the chief financial officer owned 363,168 shares in the company, valued at approximately $37,359,092.16. The trade was a 1.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 52,172 shares of company stock valued at $5,985,036. Company insiders own 3.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Knights of Columbus Asset Advisors LLC grew its stake in shares of Applied Optoelectronics by 1.1% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 20,427 shares of the semiconductor company’s stock worth $2,028,000 after acquiring an additional 221 shares during the period. Geneos Wealth Management Inc. raised its stake in Applied Optoelectronics by 1.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 18,072 shares of the semiconductor company’s stock valued at $1,529,000 after acquiring an additional 243 shares during the period. Allworth Financial LP lifted its holdings in Applied Optoelectronics by 68.8% during the second quarter. Allworth Financial LP now owns 596 shares of the semiconductor company’s stock valued at $88,000 after purchasing an additional 243 shares during the last quarter. Polaris Financial Partners purchased a new stake in Applied Optoelectronics during the third quarter valued at about $26,000. Finally, EFG International AG purchased a new stake in Applied Optoelectronics during the second quarter valued at about $44,000. Hedge funds and other institutional investors own 61.70% of the company’s stock.

More Applied Optoelectronics News

Here are the key news stories impacting Applied Optoelectronics this week:

• Positive Sentiment: Third-quarter results beat estimates: adjusted earnings were $0.17 per share versus $0.14 expected, while revenue of $269.9 million rose 127.5% year over year. The company also reported a sixth consecutive quarter of record revenue and a return to GAAP profitability. Third-quarter results
• Positive Sentiment: Datacenter and CATV sales benefited from demand for 800G transceivers and record broadband equipment shipments. Management also cited accelerating demand for 1.6T products and a potential $1 billion–$1.5 billion hyperscaler deal, supporting the growth outlook. Q3 sales and demand
• Positive Sentiment: A rebound in AI optical stocks is providing a favorable sector backdrop, with investors revisiting recent earnings across the group. AI optical stocks rally
• Negative Sentiment: Fourth-quarter revenue guidance of $385 million–$420 million falls short of the $427.3 million consensus estimate, despite an EPS range that brackets expectations. Component shortages and delays ramping manufacturing capacity—including U.S. expansion issues—could limit the company’s ability to meet demand. Earnings call and capacity delays
• Negative Sentiment: Analysts lowered price targets: B. Riley cut its target to $45 and assigned a neutral rating, while Rosenblatt reduced its target to $115 but maintained a buy rating. The mixed revisions reflect uncertainty following the stock’s volatility. B. Riley analyst rating

Applied Optoelectronics Company Profile

Applied Optoelectronics, Inc (NASDAQ: AAOI) develops and manufactures fiber-optic networking products and solutions. Its offerings include optical transceivers, transmitters, receivers, lasers, and related components used to transmit data across fiber-optic networks.

The company serves several communications markets, including data centers, broadband access networks, cable television, and telecommunications. Its products are designed for applications such as high-speed data transmission, fiber-to-the-home and other broadband deployments, network connectivity, and communications infrastructure.

Founded in 1997 and headquartered in Sugar Land, Texas, Applied Optoelectronics supports customers in multiple regions, including North America, Asia, and other international markets.