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Applied Optoelectronics Inc has a consensus price target of $11.58 based on the ratings of 6 analysts. The high is $20 issued by Northland Capital Markets on August 30, 2023. The low is $2.5 issued by Craig-Hallum on February 25, 2022. The 3 most-recent analyst ratings were released by Raymond James, Rosenblatt, and B. Riley Securities on September 3, 2024, August 22, 2024, and August 7, 2024, respectively. With an average price target of $13.67 between Raymond James, Rosenblatt, and B. Riley Securities, there's an implied 4.10% upside for Applied Optoelectronics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Applied Optoelectronics (NASDAQ:AAOI) was reported by Raymond James on September 3, 2024. The analyst firm set a price target for $17.00 expecting AAOI to rise to within 12 months (a possible 29.49% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Applied Optoelectronics (NASDAQ:AAOI) was provided by Raymond James, and Applied Optoelectronics upgraded their outperform rating.
The last upgrade for Applied Optoelectronics Inc happened on September 3, 2024 when Raymond James raised their price target to $17. Raymond James previously had a market perform for Applied Optoelectronics Inc.
The last downgrade for Applied Optoelectronics Inc happened on February 23, 2024 when B. Riley Securities changed their price target from $22 to $16 for Applied Optoelectronics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Applied Optoelectronics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Applied Optoelectronics was filed on September 3, 2024 so you should expect the next rating to be made available sometime around September 3, 2025.
While ratings are subjective and will change, the latest Applied Optoelectronics (AAOI) rating was a upgraded with a price target of $0.00 to $17.00. The current price Applied Optoelectronics (AAOI) is trading at is $13.13, which is within the analyst’s predicted range.
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