Aehr Test Systems (NASDAQ: AEHR) is a Technology company in the Semiconductors industry. QuoTrend tracks its price, financials, earnings, analyst ratings and insider trades.
| Index | - | P/E | - | EPS (ttm) | -0.23 | Insider Own | 6.29% | Shs Outstand | 32.62M | Perf Week | 4.80% |
| Market Cap | 2.61B | Forward P/E | 57.82 | EPS next Y | 1.38 | Insider Trans | -28.83% | Shs Float | 30.79M | Perf Month | -5.27% |
| Enterprise Value | 2.50B | PEG | 4.35 | EPS next Q | 0.10 | Inst Own | - | Short Float | 15.62% | Perf Quarter | -11.68% |
| Income | -7.57M | P/S | 51.24 | EPS this Y | 373.91% | Inst Trans | - | Short Ratio | 1.79 | Perf Half Y | 197.54% |
| Sales | 50.92M | P/B | 11.17 | EPS next Y | 119.58% | ROA | -2.89% | Short Interest | 4.81M | Perf YTD | 296.14% |
| Book/sh | - | P/C | - | EPS next 5Y | 21.86% | ROE | -4.66% | 52W High | 145.18 -36.83% | Perf Year | 348.32% |
| Cash/sh | - | P/FCF | - | EPS past 3/5Y | - | ROIC | -3.74% | 52W Low | 18.28 401.76% | Perf 3Y | 55.82% |
| Dividend Est. | - | EV/EBITDA | - | Sales past 3/5Y | -8.37% 24.08% | Gross Margin | 34.67% | Volatility | 11.08% 12.36% | Perf 5Y | 1211.15% |
| Dividend TTM | - | EV/Sales | 49.15 | EPS Y/Y TTM | -76.92% | Oper. Margin | -27.80% | ATR (14) | 11.52 | Perf 10Y | 4776.83% |
| Dividend Ex-Date | - | Quick Ratio | 8.01 | Sales Y/Y TTM | -13.56% | Profit Margin | -14.00% | RSI (14) | 48.61 | Recom | 2.67 |
| Dividend Gr. 3/5Y | - | Current Ratio | 10.33 | EPS Q/Q | 57.14% | SMA20 | 2.97% | Beta | 3.08 | Target Price | 117.50 |
| Payout | 0.00% | Debt/Eq | 0.04 | Sales Q/Q | 42.86% | SMA50 | -12.20% | Rel Volume | 0.83 | Prev Close | 79.98 |
| Employees | 136 | LT Debt/Eq | 0.04 | Earnings | Oct 05 | SMA200 | 50.65% | Avg Volume | 2.55M | Price | 91.71 |
| IPO Date | Aug 15, 1997 | Option/Short | Yes / Yes | EPS/Sales Surpr. | 1566.67% 0.61% | Net Debt/EBITDA | 9.07 | Volume | 2,110,620 | Change | 14.67% |
| Date | Action | Analyst | Rating | Target |
|---|---|---|---|---|
| Jul-15-26 | Reiterated | Craig-Hallum | Hold | $68 → $125 |
| Jul-15-26 | Reiterated | Lake Street | $56 → $110 | |
| Apr-08-26 | Reiterated | Lake Street | $50 → $56 | |
| Apr-08-26 | Reiterated | Craig-Hallum | Hold | $21 → $68 |
| Mar-02-26 | Upgrade | William Blair | Market Perform → Outperform | |
| Jan-09-26 | Reiterated | Craig-Hallum | Hold | $24 → $21 |
| Dec-17-25 | Initiated | Lake Street | Buy | $29 |
| Oct-07-25 | Reiterated | Craig-Hallum | Hold | $25 → $24 |
| Jul-17-24 | Reiterated | Craig-Hallum | Hold | $25 |
| Mar-26-24 | Downgrade | Craig-Hallum | Buy → Hold |
Aehr Test Systems, founded in 1977 and based in Fremont, California, specializes in the global provision of advanced burn-in and test systems for integrated circuits, encompassing logic, optical, and memory devices. Its extensive product lineup includes the ABTS and FOX-P families of test and burn-in solutions, complemented by specialized components such as the FOX WaferPak Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier, and FOX DiePak Loader. The ABTS system is specifically designed for both production and qualification assessments of packaged parts, covering a range of lower and higher power logic devices, as well as various memory types. For more complex integrated circuits like memories, digital signal processors, microprocessors, microcontrollers, systems-on-a-chip, and integrated optical devices, the FOX-XP and FOX-NP systems facilitate burn-in and functional testing at both the wafer and individual die/module levels. Aehr's FOX-CP system offers a compact, single-wafer solution for verifying the reliability of logic, memory, and photonic devices. A distinguishing offering, the WaferPak Contactor, features an exclusive full-wafer probe card, accommodating wafers up to 300mm, which enables semiconductor manufacturers to conduct comprehensive wafer-level testing and burn-in on Aehr's FOX platforms. Furthermore, the DiePak Carrier provides a reusable, temporary packaging medium, empowering IC manufacturers to complete final testing and burn-in processes for bare die and modules.
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| Line Item (USD, M) | TTM — | FY 2026 5/29/2026 | FY 2025 5/30/2025 | FY 2024 5/31/2024 | FY 2023 5/31/2023 | FY 2022 5/31/2022 | FY 2021 5/31/2021 | FY 2020 5/31/2020 | FY 2019 5/31/2019 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 51 | 50 | 59 | 66 | 65 | 51 | 17 | 22 | 21 | |
| Cost of Goods Sold Incl. D&A | 33 | 32 | 35 | 34 | 32 | 27 | 11 | 14 | 13 | |
| Gross Profit | 18 | 18 | 24 | 33 | 33 | 24 | 6 | 8 | 8 | |
| Selling, General and Administrative Excl. Other | 19 | 19 | 18 | 14 | 12 | 10 | 7 | 8 | 8 | |
| Research and Development | 13 | 13 | 10 | 9 | 7 | 6 | 4 | 3 | 4 | |
| Other Operating Expense | 0 | 0 | 0 | -1 | 0 | 0 | -1 | 0 | 0 | |
| Operating Income | -14 | -14 | -4 | 10 | 13 | 8 | -4 | -3 | -4 | |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | 2 | 2 | 0 | 2 | 1 | 2 | 2 | 0 | -1 | |
| Net Income Before Taxes | -11 | -12 | -4 | 12 | 15 | 10 | -2 | -3 | -5 | |
| Income Taxes | -5 | -5 | 0 | -21 | 0 | 0 | 0 | 0 | 0 | |
| Consolidated Net Income | -7 | -7 | -4 | 33 | 15 | 9 | -2 | -3 | -5 | |
| Net Income From Continuing Operations | -7 | -7 | -4 | 33 | 15 | 9 | -2 | -3 | -5 | |
| Net Income | -7 | -7 | -4 | 33 | 15 | 9 | -2 | -3 | -5 | |
| EPS (Recurring) | -0.23 | -0.23 | -0.13 | 1.15 | 0.52 | 0.36 | -0.09 | -0.12 | -0.23 | |
| EPS (Basic, Before Extraordinaries) | -0.23 | -0.23 | -0.13 | 1.15 | 0.52 | 0.36 | -0.09 | -0.12 | -0.23 | |
| EPS (Diluted) | -0.23 | -0.23 | -0.13 | 1.12 | 0.50 | 0.34 | -0.09 | -0.12 | -0.23 | |
| EBITDA | -12 | -12 | -1 | 14 | 15 | 10 | -2 | -2 | -5 | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | — | — | — | 10.28 | 66.04 | 24.65 | — | — | — | |
| Price To Sales Ratio | 55.75 | 57.24 | 4.85 | 5.06 | 14.22 | 4.27 | 3.04 | 1.72 | 1.83 | |
| Gross Margin | 35.29 | 36.00 | 40.68 | 50.00 | 50.77 | 47.06 | 35.29 | 36.36 | 38.10 | |
| Operating Margin | -27.45 | -28.00 | -6.78 | 15.15 | 20.00 | 15.69 | -23.53 | -13.64 | -19.05 | |
| Net Margin | -13.73 | -14.00 | -6.78 | 50.00 | 23.08 | 17.65 | -11.76 | -13.64 | -23.81 | |
| Shares Outstanding | 31 | 31 | 30 | 29 | 28 | 26 | 23 | 23 | 22 | |
| Market Capitalization | 2,843 | 2,862 | 286 | 334 | 925 | 218 | 52 | 38 | 39 | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| SCOTT GEOFFREY GATES | director: Director | Jul 16 '26 | Sale | 82.13 | 20,000 | 1,642,650 | 30,000 | Jul 17 |
| ROGERS VERNON | Exec VP of Sales & Mktg. | Jul 14 '26 | Option Exercise | 1.64 | 3,538 | 5,785 | 192,997 | Jul 14 |
| ROGERS VERNON | Exec VP of Sales & Mktg. | Jul 13 '26 | Option Exercise | 1.64 | 36,462 | 59,615 | 190,047 | Jul 14 |
| Siu Chris | CFO | May 14 '26 | Sale | 107.06 | 2,070 | 221,608 | 5,706 | May 15 |
| SLAYEN HOWARD T | Director | May 13 '26 | Sale | 104.73 | 6,819 | 714,154 | 169,709 | May 15 |
| POSEDEL RHEA J | director: Director | Apr 22 '26 | Sale | 99.83 | 17,719 | 1,768,880 | 45,261 | Apr 22 |
| SPORCK ALISTAIR N | VP Contactor Business Unit | Apr 22 '26 | Sale | 93.50 | 2,000 | 186,990 | 5,177 | Apr 22 |
| SALAMONE ALBERTO | EVP, PPBI BUSINESS | Apr 21 '26 | Sale | 94.56 | 15,000 | 1,418,400 | 48,025 | Apr 22 |
| SALAMONE ALBERTO | EVP, PPBI BUSINESS | Apr 20 '26 | Sale | 89.57 | 15,000 | 1,343,550 | 63,025 | Apr 22 |
| SCOTT GEOFFREY GATES | director: Director | Apr 21 '26 | Sale | 94.33 | 60,000 | 5,660,000 | 50,000 | Apr 21 |
| POSEDEL RHEA J | director: Director | Apr 21 '26 | Sale | 96.02 | 8,787 | 843,757 | 62,376 | Apr 21 |
| ROGERS VERNON | Exec VP of Sales & Mktg. | Apr 21 '26 | Sale | 94.09 | 6,486 | 610,270 | 152,716 | Apr 21 |
| ROGERS VERNON | Exec VP of Sales & Mktg. | Apr 20 '26 | Sale | 90.00 | 7,431 | 668,790 | 147,716 | Apr 21 |
| POSEDEL RHEA J | director: Director | Apr 20 '26 | Sale | 88.09 | 7,500 | 660,675 | 396,979 | Apr 20 |
| SLAYEN HOWARD T | director: Director | Apr 17 '26 | Sale | 85.00 | 25,000 | 2,125,000 | 178,328 | Apr 17 |