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Applied Optoelectronics, Inc. (AAOI)

66.88 -12.31 (-15.54%)
As of 12:11:45 PM EDT. Market Open.
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What's happening with AAOI?

6m ago
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Applied Optoelectronics is moving within a volatile optical-components group as investors weigh AI data-center demand against customer concentration, capacity expansion, and valuation risk. Recent sector activity includes reported acquisition talks involving Lumentum, constrained optical supply, and a scheduled November 5 earnings reportfor AAOI.

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  • Previous Close 79.19
  • Open 71.86
  • Bid 106.36 x 200
  • Ask 154.24 x 200
  • Day's Range 66.45 - 74.25
  • 52 Week Range 18.50 - 233.67
  • Volume 8,643,627
  • Avg. Volume 10,353,018
  • Market Cap (intraday) 5.679B
  • Beta (5Y Monthly) 3.84
  • PE Ratio (TTM) --
  • EPS (TTM) -0.75
  • Earnings Date Nov 5, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 156.00
  • Motley Fool Rating Bearish

Applied Optoelectronics, Inc. engages in the design, manufacture, and sale of fiber-optic networking products in the United States, Taiwan, and China. The company offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, and distribution equipment, as well as amplifiers. It sells its products to internet data center operators, cable television, telecom equipment manufacturers, fiber-to-the-home, and internet service providers through its direct and indirect sales channels. Applied Optoelectronics, Inc. was incorporated in 1997 and is headquartered in Sugar Land, Texas.

www.ao-inc.com

4,691

Full Time Employees

December 31

Fiscal Year Ends

Technology

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

AAOI
91.85%
S&P 500 (^GSPC)
10.89%

1-Year Return

AAOI
90.70%
S&P 500 (^GSPC)
11.27%

3-Year Return

AAOI
844.63%
S&P 500 (^GSPC)
82.17%

5-Year Return

AAOI
774.25%
S&P 500 (^GSPC)
64.83%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 191.92M
Earnings -22.78M
Profit Margin -11.87%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
50M
100M
150M
-15.0%
-10.0%
-5.0%

Analyst Insights

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Analyst Price Targets

92.00
156.00 Average
66.88 Current
220.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/27/2026
Analyst Needham
Rating Action Maintains
Rating Buy
Price Action Lowers
Price Target 190 -> 170

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -9.57%

  • Return on Assets (ttm)

    -2.72%

  • Return on Equity (ttm)

    -5.45%

  • Revenue (ttm)

    595.97M

  • Net Income Avi to Common (ttm)

    -57.02M

  • Diluted EPS (ttm)

    -0.75

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    499.74M

  • Total Debt/Equity (mrq)

    17.99%

  • Levered Free Cash Flow (ttm)

    -887.05M

Company Insights

Research Reports

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