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Technology - Semiconductors - NASDAQ - US
$ 7.22
-0.551 %
$ 215 M
Market Cap
9.63
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one AEHR stock under the worst case scenario is HIDDEN Compared to the current market price of 7.22 USD, Aehr Test Systems is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one AEHR stock under the base case scenario is HIDDEN Compared to the current market price of 7.22 USD, Aehr Test Systems is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one AEHR stock under the best case scenario is HIDDEN Compared to the current market price of 7.22 USD, Aehr Test Systems is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart AEHR

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$18.0$18.0$16.0$16.0$14.0$14.0$12.0$12.0$10.0$10.0$8.0$8.0$6.0$6.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
66.2 M REVENUE
1.94%
10.1 M OPERATING INCOME
-24.65%
33.2 M NET INCOME
127.77%
1.76 M OPERATING CASH FLOW
-82.46%
17.3 M INVESTING CASH FLOW
192.47%
139 K FINANCING CASH FLOW
-98.10%
13.5 M REVENUE
2.55%
-1.51 M OPERATING INCOME
-951.57%
-1.03 M NET INCOME
-155.76%
-5.87 M OPERATING CASH FLOW
-246.76%
-321 K INVESTING CASH FLOW
97.03%
594 K FINANCING CASH FLOW
660.38%
Balance Sheet Aehr Test Systems
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Current Assets 97.8 M
Cash & Short-Term Investments 49.2 M
Receivables 10 M
Other Current Assets 38.7 M
Non-Current Assets 30.1 M
Long-Term Investments 0
PP&E 8.99 M
Other Non-Current Assets 21.1 M
38.43 %7.81 %30.25 %7.03 %16.48 %Total Assets$127.9m
Current Liabilities 10.5 M
Accounts Payable 5.33 M
Short-Term Debt 930 K
Other Current Liabilities 4.25 M
Non-Current Liabilities 5.81 M
Long-Term Debt 5.73 M
Other Non-Current Liabilities 79 K
32.67 %5.70 %26.02 %35.12 %Total Liabilities$16.3m
EFFICIENCY
Earnings Waterfall Aehr Test Systems
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Revenue 66.2 M
Cost Of Revenue 33.7 M
Gross Profit 32.5 M
Operating Expenses 22.5 M
Operating Income 10.1 M
Other Expenses -23.1 M
Net Income 33.2 M
70m70m60m60m50m50m40m40m30m30m20m20m10m10m0066m(34m)33m(22m)10m23m33mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
49.15% GROSS MARGIN
49.15%
15.22% OPERATING MARGIN
15.22%
50.07% NET MARGIN
50.07%
29.71% ROE
29.71%
25.92% ROA
25.92%
22.67% ROIC
22.67%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Aehr Test Systems
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10m10m8m8m6m6m4m4m2m2m00(2m)(2m)(4m)(4m)(6m)(6m)(8m)(8m)201620162017201720182018201920192020202020212021202220222023202320242024
Net Income 33.2 M
Depreciation & Amortization 1.36 M
Capital Expenditures -749 K
Stock-Based Compensation 2.52 M
Change in Working Capital -14.4 M
Others -3.68 M
Free Cash Flow 1.01 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Aehr Test Systems
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Wall Street analysts predict an average 1-year price target for AEHR of $25 , with forecasts ranging from a low of $25 to a high of $25 .
AEHR Lowest Price Target Wall Street Target
25 USD 246.26%
AEHR Average Price Target Wall Street Target
25 USD 246.26%
AEHR Highest Price Target Wall Street Target
25 USD 246.26%
Price
Max Price Target
Min Price Target
Average Price Target
2626242422222020181816161414121210108866May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 14
6. Ownership
Insider Ownership Aehr Test Systems
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
210 K USD 2
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
408 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Aehr Test Systems to Announce Third Quarter Fiscal 2025 Financial Results on April 8, 2025 FREMONT, CA / ACCESS Newswire / March 27, 2025 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced that it will report financial results for its third quarter of fiscal 2025 ended February 28, 2025 on Tuesday, April 8, 2025 following the close of the market. The Company will host a conference call and webcast at 5:00 p.m. accessnewswire.com - 3 weeks ago
Aehr Test Systems: An Earnings Show-Me Story, Optimistic For A Turnaround Aehr Test Systems has faced significant challenges, including weak silicon carbide sales and intense competition, but remains a buy due to low valuation and potential EPS growth. Despite a sharp underperformance since early 2024 and a disappointing Q2, AEHR is diversifying revenue streams and expanding into AI processors, which could drive future growth. Key risks include ongoing supply chain issues, competition, and uncertainties in the silicon carbide market, but recent positive economic data from China offers hope for a turnaround. seekingalpha.com - 3 weeks ago
Aehr Secures Initial $4.7 Million in Follow-On Production Orders for FOX-CP Systems from Leading Advanced Storage Device Manufacturer FREMONT, CA / ACCESS Newswire / March 13, 2025 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced it has received initial follow-on production orders totaling approximately $4.7 million from a major storage device supplier. The orders include multiple FOX-CPTM systems and proprietary WaferPakTM Contactors, which will be used for 100% test and burn-in of production devices in a new high-volume advanced storage application for the artificial intelligence (AI) enterprise and data center market. accessnewswire.com - 1 month ago
Aehr Announces Shipment of Initial FOX-XP Wafer-Level Burn-In System for Advanced AI Processors FREMONT, CA / ACCESS Newswire / February 28, 2025 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced it has completed shipment of its first FOX-XP™ wafer level burn-in system for an artificial intelligence (AI) customer, delivering its high-power FOX-XP system and multiple proprietary WaferPakTM Contactors for production wafer level test and burn-in of advanced AI processors. Gayn Erickson, President and CEO of Aehr Test Systems, commented, "We are pleased to have collaborated with the customer on completing initial wafer production testing and to have shipped within Aehr's fiscal third quarter as planned the initial volume production solution that is testing nine wafers in parallel on our new high-power FOX-XP system. accessnewswire.com - 1 month ago
Aehr Test Systems to Participate in the 10th Annual Oppenheimer Emerging Growth Conference on February 26, 2025 FREMONT, CA / ACCESS Newswire / February 20, 2025 / Aehr Test Systems (NASDAQ:AEHR), a worldwide supplier of semiconductor test and burn-in equipment, today announced it will participate in the Oppenheimer 10th Annual Emerging Growth Conference being held virtually February 25-26, 2025. Aehr Test CFO Chris Siu will be hosting virtual meetings with investors throughout the day on Wednesday, February 26th. accessnewswire.com - 1 month ago
AEHR Investors Have Opportunity to Lead Aehr Test Systems, Inc. Securities Fraud Lawsuit with the Schall Law Firm LOS ANGELES , Feb. 4, 2025 /PRNewswire/ --  The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Aehr Test Systems, Inc. ("Aehr" or "the Company") (NASDAQ: AEHR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between January 9, 2024 and March 24, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before February 3, 2025. prnewswire.com - 2 months ago
Final Deadline for the Aehr Test Systems, Inc. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - AEHR LOS ANGELES , Feb. 4, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Aehr Test Systems, Inc. ("Aehr" or "the Company") (NASDAQ: AEHR) for violations of the federal securities laws. Shareholders who purchased the Company's securities between January 9, 2024 and March 24, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before February 3, 2025. prnewswire.com - 2 months ago
Contact Levi & Korsinsky by February 3, 2025 Deadline to Join Class Action Against Aehr Test Systems, Inc.(AEHR) NEW YORK, NY / ACCESS Newswire / February 3, 2025 / If you suffered a loss on your Aehr Test Systems, Inc. (NASDAQ:AEHR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/aehr-lawsuit-submission-form?prid=126894&wire=1 or contact Joseph E. Levi, Esq. accessnewswire.com - 2 months ago
AEHR LAWSUIT ALERT: Levi & Korsinsky Notifies Aehr Test Systems, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline NEW YORK, NY / ACCESS Newswire / February 3, 2025 / If you suffered a loss on your Aehr Test Systems, Inc. (NASDAQ:AEHR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/aehr-lawsuit-submission-form?prid=126880&wire=1 or contact Joseph E. Levi, Esq. accessnewswire.com - 2 months ago
AEHR Investors Have Opportunity to Lead Aehr Test Systems Securities Fraud Lawsuit NEW YORK , Feb. 3, 2025 /PRNewswire/ --  Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Aehr Test Systems (NASDAQ: AEHR) between January 9, 2024 and March 24, 2024, both dates inclusive (the "Class Period"), of the important February 3, 2025 lead plaintiff deadline. So what: If you purchased Aehr securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. prnewswire.com - 2 months ago
Aehr Test Systems, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before February 3, 2025 to Discuss Your Rights - AEHR NEW YORK, NY / ACCESS Newswire / February 3, 2025 / If you suffered a loss on your Aehr Test Systems, Inc. (NASDAQ:AEHR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/aehr-lawsuit-submission-form?prid=126846&wire=1 or contact Joseph E. Levi, Esq. accessnewswire.com - 2 months ago
Levi & Korsinsky Reminds Aehr Test Systems, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 3, 2025 - AEHR NEW YORK, NY / ACCESS Newswire / February 3, 2025 / If you suffered a loss on your Aehr Test Systems, Inc. (NASDAQ:AEHR) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/aehr-lawsuit-submission-form?prid=126830&wire=1 or contact Joseph E. Levi, Esq. accessnewswire.com - 2 months ago
8. Profile Summary

Aehr Test Systems AEHR

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COUNTRY US
INDUSTRY Semiconductors
MARKET CAP $ 215 M
Dividend Yield 0.00%
Description 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.
Contact 400 Kato Terrace, Fremont, CA, 94539 https://www.aehr.com
IPO Date Aug. 15, 1997
Employees 115
Officers Mr. Rhea J. Posedel Founder & Independent Chairman Mr. Vernon Rogers Executive Vice President of Sales & Marketing Mr. Chris P. Siu Chief Financial Officer, Executive Vice President of Finance & Secretary Mr. Adil Engineer Chief Operating Officer Mr. Gayn Erickson President, Chief Executive Officer & Director Mr. Donald P. Richmond II Chief Technology Officer Alberto Salamone EVice President, ppbi Business