Aehr Test Systems

Aehr Test Systems

AEHRยทNASDAQ

$114.59

-0.49%
TechnologySemiconductors

Aehr Test Systems provides test systems for burning-in and testing logic, optical, and memory integrated circuits worldwide. It offers products, such as the ABTS and FOX-P families of test and burn-in systems and FOX WaferPak Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier, and FOX DiePak Loader. The ABTS system is used in production and qualification testing of packaged parts for lower power and higher power logic devices, as well as various common types of memory devices. The FOX-XP and FOX-NP systems are wafer contact and singulated die/module test and burn-in systems used for burn-in and functional test of complex devices, such as memories, digital signal processors, microprocessors, microcontrollers, systems-on-a-chip, and integrated optical devices. The FOX-CP system is a single-wafer compact test and reliability verification solution for logic, memory, and photonic devices. The WaferPak Contactor contains a unique full wafer probe card capable of testing wafers up to 300mm that enables IC manufacturers to perform test and burn-in of full wafers on Aehr Test FOX systems. The DiePak Carrier is a reusable, temporary package that enables IC manufacturers to perform final test and burn-in of bare die and modules. Aehr Test Systems was incorporated in 1977 and is headquartered in Fremont, California.

At a Glance

Live Snapshot
Market Cap$3.60B
EPS-0.1300
P/E Ratio-881.46
Earnings Date07/14/2026
aehr

Aehr Test Systems Street Expectations Map

AEHR ยท NASDAQ

Wall Street analysts project that AEHR stock may decline over the coming 12 months. The consensus 1-year price target stands at 62.00, with estimates ranging from a low of 56.00 to a high of 68.00.

Lowest Target
56.00
-51.13%
Consensus Target
62.00
-45.89%
Highest Target
68.00
-40.66%

The consensus 1-year price target stands at 62.00, with estimates ranging from a low of 56.00 to a high of 68.00.

Analyst Consensus Analysis

Upside Potential

-45.9%

Significant downside risk. Stock trading well above analyst consensus suggests elevated valuation concerns and potential correction.

Analyst Agreement

19.4% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Risk-Reward Profile

0.80x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

Consensus overvaluation: Analysts agree the stock is richly valued with limited upside. Consider booking profits or defensive positioning unless you have contrarian conviction in unrecognized catalysts.

aehr

Aehr Test Systems Forward Estimates of Revenue

AEHR ยท NASDAQ
Latest Revenue
58.97M
FY 2025
Avg Estimate
49.87M
FY 2026
Estimate Range
48.38M - 51.22M
Analyst Spread

Forward Growth Analysis

Projected Growth-15.4%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread6%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

aehr

Aehr Test Systems Forward Estimates of Net Income

AEHR ยท NASDAQ
Latest Net Income
-3.91M
FY 2025
Avg Estimate
-3.96M
FY 2026
Estimate Range
-4.10M - -3.81M
Analyst Spread

Forward Growth Analysis

Projected Growth-1.2%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread7%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

aehr

Aehr Test Systems Forward Estimates of EPS

AEHR ยท NASDAQ
Latest EPS
-0.13
FY 2025
Avg Estimate
$-0.13
FY 2026
Estimate Range
$-0.14 - $-0.13
Analyst Spread

Forward Growth Analysis

Projected Growth-3.1%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage2 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread7%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

aehr

Aehr Test Systems Forward Estimates of EBIT

AEHR ยท NASDAQ
Latest EBIT
-4.29M
FY 2025
Avg Estimate
3.97M
FY 2026
Estimate Range
3.85M - 4.08M
Analyst Spread

Forward Growth Analysis

Projected Growth+192.5%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread6%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

aehr

Aehr Test Systems Forward Estimates of EBITDA

AEHR ยท NASDAQ
Latest EBITDA
-903.00K
FY 2025
Avg Estimate
5.06M
FY 2026
Estimate Range
4.91M - 5.20M
Analyst Spread

Forward Growth Analysis

Projected Growth+660.8%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread6%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

aehr

Aehr Test Systems Forward Estimates of SG&A Expense

AEHR ยท NASDAQ
Latest SG&A Expense
17.78M
FY 2025
Avg Estimate
12.87M
FY 2026
Estimate Range
12.49M - 13.22M
Analyst Spread

Forward Growth Analysis

Projected Growth-27.6%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage3 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread6%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

aehr

Aehr Test Systems Insider Positioning

AEHR ยท NASDAQ

During the last 12 months, insiders have purchased $375 and sold $19.86M worth of AEHR shares, resulting in $19.86M of net selling activity.

3 Months

Bought

0

0.00

Sold

249.7K

19.07M

Net Activity

-19.1M

-$19.07M

3-6 Months

Bought

0

0.00

Sold

19.8K

591.87K

Net Activity

-592K

-$592K

6-9 Months

Bought

185

375.00

Sold

7.6K

194.62K

Net Activity

-194K

-$194K

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
RV

Rogers Vernon

Officer: Exec Vp Of Sales & Mktg.

185 sharesโ€ข1 transactions

$375

Top Sellers

1
EG

Erickson Gayn

Director, Officer: President And Ceo

96.9K sharesโ€ข2 transactions

$6.80M

2
SHT

Slayen Howard T

Director

37.8K sharesโ€ข3 transactions

$2.99M

3
PRJ

Posedel Rhea J

Director: Director

44.6K sharesโ€ข5 transactions

$2.96M

4
SGG

Scott Geoffrey Gates

Director: Director

35.0K sharesโ€ข2 transactions

$2.61M

5
RV

Rogers Vernon

Officer: Exec Vp Of Sales & Mktg.

18.5K sharesโ€ข4 transactions

$1.42M

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $19.86M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$19.07M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 1 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.