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Applied Optoelectronics, Inc. (AAOI)

105.53 +5.15 (+5.13%)
At close: September 4 at 4:00:01 PM EDT
105.65 +0.12 (+0.11%)
After hours: September 4 at 7:59:58 PM EDT
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What's happening with AAOI?

6m ago
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Applied Optoelectronics (AAOI) faces significant challenges following a $600 million equity offering, which has raised concerns about share dilution. Despite a record revenue increase of 86%year-over-year, the company struggles with production capacity and potential regulatory risks amid a cooling AI hardware market.

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  • Previous Close 100.38
  • Open 101.86
  • Bid 106.36 x 200
  • Ask 154.24 x 200
  • Day's Range 100.65 - 106.56
  • 52 Week Range 18.50 - 233.67
  • Volume 6,746,653
  • Avg. Volume 11,276,777
  • Market Cap (intraday) 8.96B
  • Beta (5Y Monthly) 3.78
  • PE Ratio (TTM) --
  • EPS (TTM) -0.81
  • Earnings Date (est.) Nov 5, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 163.40

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

Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

AAOI
202.73%
S&P 500 (^GSPC)
12.75%

1-Year Return

AAOI
352.53%
S&P 500 (^GSPC)
18.71%

3-Year Return

AAOI
657.03%
S&P 500 (^GSPC)
70.93%

5-Year Return

AAOI
1,266.97%
S&P 500 (^GSPC)
70.18%

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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Top Analyst

Rosenblatt
66/100
Latest Rating
Buy

Analyst Price Targets

109.00
163.40 Average
105.53 Current
220.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/7/2026
Analyst Rosenblatt
Rating Action Maintains
Rating Buy
Price Action Maintains
Price Target 220 -> 220

Statistics

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Valuation Measures

Annual
As of 9/2/2026
  • Market Cap

    8.75B

  • Enterprise Value

    8.55B

  • Trailing P/E

    --

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    12.60

  • Price/Book (mrq)

    5.25

  • Enterprise Value/Revenue

    14.35

  • 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)

    -0.81

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    499.74M

  • Total Debt/Equity (mrq)

    17.99%

  • Levered Free Cash Flow (ttm)

    -887.05M

Compare

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Company Insights

Fair Value

105.53 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

Research Reports

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  • Daily – Vickers Top Buyers & Sellers for 06/17/2026

    The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

  • Daily – Vickers Top Buyers & Sellers for 05/29/2026

    The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

  • Daily – Vickers Top Buyers & Sellers for 05/20/2026

    The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

  • Daily – Vickers Top Buyers & Sellers for 03/24/2026

    The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

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