Applied Optoelectronics Stock (NASDAQ: AAOI)

Applied Optoelectronics Stock (NASDAQ:AAOI), Trade Ideas

Applied Optoelectronics

Applied Optoelectronics Inc is a provider of fiber-optic networking products for the Internet data center, cable television, telecommunications and fiber-to-the-home end markets. The company focuses on designing and manufacturing a range of optical communication products from components, to subassemblies, and modules to complete turn-key equipment. Demand for Applied Optoelectronics is driven by bandwidth demand in end markets. Through direct sales personnel, and manufacturing teams in the United States, China, and Taiwan, the company coordinates with customers to determine product design, qualifications, and performance. The company derives maximum revenue from Taiwan.

Earnings

News

Small Cap

Markets

Trading Ideas

AAOI

SMART Global Holdings, Inc. (NASDAQ: SGH) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.

SMART Global Holdings, Inc. (SGH) Surpasses Q2 Earnings Estimates

Penny Stocks

Pre-Market Outlook

Movers

FUTU

MOMO

NUKK

TIGR

U.S. stock futures were higher this morning, with the Dow futures gaining by around 100 points on Thursday.

Hello Group Posts Q4 Results, Joins SentinelOne, Futu Holdings And Other Big Stocks Moving Lower In Thursday&#39;s Pre-Market Session

Intraday Update

ACCO

AKRO

ALTI

AMSWA

ATCH

ATNI

AXTI

BKNG

CVNA

DCBO

EZFL

FOXF

GBNH

GYRE

MicroCloud Hologram Inc. - Ordinary Shares

HOLO

IBRX

IFBD

INDI

KIND

LASR

LRHC

LUNR

MELI

MODV

MRVI

OCEA

ROOT

SMCI

SMSI

SNBR

SQNS

TNDM

UPLD

VICR

VSCO

VTYX

Shares of  MercadoLibre, Inc. (NASDAQ: MELI) fell sharply during Friday’s session after the company reported fourth-quarter financial results.

Why MercadoLibre Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Friday&#39;s Mid-Day Session

Applied Optoelectronics, Inc. - Common Stock

Applied Optoelectronics Inc

<h3>Gainers</h3>
<ul>
<li>Akoustis Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKTS#NASDAQ">AKTS</a>) shares rose 5.0% to $0.6 during Friday's after-market session. The market value of their outstanding shares is at $59.3 million. </li>
<li>Arqit Quantum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARQQ#NASDAQ">ARQQ</a>) shares moved upwards by 4.99% to $0.52. The company's market cap stands at $85.5 million. </li>
<li>Microvision (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVIS#NASDAQ">MVIS</a>) stock moved upwards by 4.99% to $1.68. The market value of their outstanding shares is at $328.0 million. </li>
<li>NextNav (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NN#NASDAQ">NN</a>) shares moved upwards by 4.99% to $7.78. The company's market cap stands at $875.6 million. </li>
<li>Applied Optoelectronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAOI#NASDAQ">AAOI</a>) stock moved upwards by 4.98% to $11.79. The market value of their outstanding shares is at $452.7 million. </li>
<li>Expensify (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXFY#NASDAQ">EXFY</a>) stock moved upwards by 4.89% to $1.5. The company's market cap stands at $127.8 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>OMNIQ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OMQS#NASDAQ">OMQS</a>) stock decreased by 3.9% to $0.5 during Friday's after-market session. The market value of their outstanding shares is at $5.3 million. </li>
<li>One Stop Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSS#NASDAQ">OSS</a>) shares decreased by 3.84% to $3.01. The company's market cap stands at $62.3 million. </li>
<li>My Size (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYSZ#NASDAQ">MYSZ</a>) stock decreased by 3.49% to $0.44. The market value of their outstanding shares is at $2.2 million. </li>
<li>T Stamp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDAI#NASDAQ">IDAI</a>) stock declined by 3.09% to $0.93. The market value of their outstanding shares is at $9.8 million. </li>
<li>Argo Blockchain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBK#NASDAQ">ARBK</a>) stock declined by 2.78% to $1.4. The market value of their outstanding shares is at $80.8 million. </li>
<li>XTI Aerospace (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XTIA#NASDAQ">XTIA</a>) shares decreased by 2.59% to $3.01. The company's market cap stands at $29.4 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AKTS

ARBK

ARQQ

EXFY

IDAI

MVIS

MYSZ

OMQS

XTIA

12 Information Technology Stocks Moving In Friday's After-Market Session

SMART Global Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sgh#NASDAQ">SGH</a>) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 8%. A quarter ago, it was expected that this company would post earnings of $0.16 per share when it actually produced earnings of $0.24, delivering a surprise of 50%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
SMART Global, which belongs to the Zacks Electronics - Semiconductors industry, posted revenues of $284.82 million for the quarter ended February 2024, missing the Zacks Consensus Estimate by 0.13%. This compares to year-ago revenues of $429.17 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock&#39;s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management&#39;s commentary on the earnings call.
SMART Global shares have added about 36.6% since the beginning of the year versus the S&amp;P 500&#39;s gain of 9.1%.
What&#39;s Next for SMART Global?
While SMART Global has outperformed the market so far this year, the question that comes to investors&#39; minds is: what&#39;s next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company&#39;s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for SMART Global: mixed. While the magnitude and direction of estimate revisions could change following the company&#39;s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.32 on $313.51 million in revenues for the coming quarter and $1.24 on $1.22 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Electronics - Semiconductors is currently in the bottom 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Applied Optoelectronics (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aaoi#NASDAQ">AAOI</a>), has yet to report results for the quarter ended March 2024.
This maker of fiber optic products used by cable TV providers is expected to post quarterly loss of $0.29 per share in its upcoming report, which represents a year-over-year change of -16%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Applied Optoelectronics&#39; revenues are expected to be $43.56 million, down 17.9% from the year-ago quarter.
<a href="https://www.zacks.com/stock/news/2252920/smart-global-holdings-inc-sgh-surpasses-q2-earnings-estimates?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_4-2252920">To read this article on Zacks.com click here.</a>

Legal

Applied Optoelectronics Has Obtained A Settlement In Its Patent Infringement Lawsuit Against Molex

<h3>Gainers</h3>
<ul>
<li>Auddia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUUD#NASDAQ">AUUD</a>) stock rose 14.0% to $1.63 during Friday's after-market session. The market value of their outstanding shares is at $3.5 million. </li>
<li>Sobr Safe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOBR#NASDAQ">SOBR</a>) shares rose 5.44% to $0.34. The market value of their outstanding shares is at $6.3 million. </li>
<li>XTI Aerospace (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XTIA#NASDAQ">XTIA</a>) stock increased by 5.03% to $2.92. The market value of their outstanding shares is at $28.5 million. </li>
<li>Ondas Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONDS#NASDAQ">ONDS</a>) shares moved upwards by 4.67% to $1.12. The company's market cap stands at $73.4 million. The company's, Q4 earnings came out 4 days ago. </li>
<li>TROOPS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROO#NASDAQ">TROO</a>) shares moved upwards by 4.09% to $1.27. The market value of their outstanding shares is at $129.0 million. </li>
<li>Applied Optoelectronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAOI#NASDAQ">AAOI</a>) stock rose 3.75% to $12.99. The market value of their outstanding shares is at $498.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Baijiayun Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RTC#NASDAQ">RTC</a>) stock fell 7.3% to $1.02 during Friday's after-market session. The company's market cap stands at $89.4 million. </li>
<li>CCSC Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCTG#NASDAQ">CCTG</a>) stock fell 6.22% to $3.17. The company's market cap stands at $36.7 million. </li>
<li>MultiSensor AI Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSAI#NASDAQ">MSAI</a>) stock fell 4.31% to $3.11. The market value of their outstanding shares is at $39.2 million. </li>
<li>DatChat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DATS#NASDAQ">DATS</a>) shares fell 4.11% to $1.4. The company's market cap stands at $3.4 million. </li>
<li>Gryphon Digital Mining (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRYP#NASDAQ">GRYP</a>) stock decreased by 3.07% to $1.25. The market value of their outstanding shares is at $48.5 million. As per the news, the Q4 earnings report came out 3 days ago. </li>
<li>SMX (Security Matters) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMX#NASDAQ">SMX</a>) stock fell 2.63% to $0.16. The market value of their outstanding shares is at $4.3 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AUUD

CCTG

DATS

GRYP

Infrared Cameras Holdings, Inc. - Common Stock

MSAI

ONDS

SOBR

TROO

Applied Optoelectronics's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAOI#NYSE">AAOI</a>) short percent of float has fallen 3.18% since its last report. The company recently reported that it has 8.86 million shares sold short, which is 24.03% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.93 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Applied Optoelectronics Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1712174429_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Applied Optoelectronics has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Applied Optoelectronics's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Applied Optoelectronics's peer group average for short interest as a percentage of float is 7.73%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Looking Into Applied Optoelectronics's Recent Short Interest

WIIM

APLD

BOXL

CISO

Core Scientific, Inc. - Class A Common Stock

CORZ

CRDO

CXAI

DELL

EBON

FORTY

LAES

NVTS

QIWI

SELX

VSAT

WOLF

Shares of companies within the broader tech sector are trading lower following worse-than-expected February inflation data.

<h3>Gainers</h3>
<ul>
<li>Presto Automation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRST#NASDAQ">PRST</a>) shares rose 57.8% to $0.35 during Thursday's pre-market session. The company's market cap stands at $31.9 million. </li>
<li>CCSC Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCTG#NASDAQ">CCTG</a>) shares moved upwards by 31.04% to $4.39. The market value of their outstanding shares is at $50.8 million. </li>
<li>Turtle Beach (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HEAR#NASDAQ">HEAR</a>) shares increased by 30.09% to $14.35. The company's market cap stands at $249.7 million. The company's, Q4 earnings came out yesterday. </li>
<li>Auddia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUUD#NASDAQ">AUUD</a>) stock moved upwards by 22.18% to $3.36. The company's market cap stands at $2.7 million. </li>
<li>BigBear.ai Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAI#NYSE">BBAI</a>) stock rose 19.91% to $2.95. The market value of their outstanding shares is at $647.3 million. </li>
<li>MicroCloud Hologram (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) stock increased by 13.43% to $7.6. The company's market cap stands at $45.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Pagaya Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGY#NASDAQ">PGY</a>) stock declined by 15.5% to $13.1 during Thursday's pre-market session. The company's market cap stands at $825.1 million. </li>
<li>Enfusion (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ENFN#NYSE">ENFN</a>) stock fell 13.52% to $8.06. The market value of their outstanding shares is at $724.3 million. As per the news, the Q4 earnings report came out 2 days ago. </li>
<li>Verb Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERB#NASDAQ">VERB</a>) stock decreased by 8.5% to $0.14. The company's market cap stands at $2.9 million. </li>
<li>SentinelOne (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>) shares declined by 8.38% to $25.6. The company's market cap stands at $7.6 billion. As per the press release, Q4 earnings came out yesterday. </li>
<li>CXApp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CXAI#NASDAQ">CXAI</a>) stock decreased by 8.06% to $2.98. The company's market cap stands at $45.4 million. </li>
<li>Applied Optoelectronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAOI#NASDAQ">AAOI</a>) shares decreased by 7.59% to $12.92. The market value of their outstanding shares is at $496.1 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BBAI

ENFN

HEAR

PRST

VERB

12 Information Technology Stocks Moving In Thursday's Pre-Market Session

U.S. stock futures were higher this morning, with the Dow futures gaining by around 100 points on Thursday.
Shares of Hello Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/momo#NASDAQ">MOMO</a>) fell sharply in today&rsquo;s pre-market trading after the company reported fourth-quarter financial results and issued <a href="https://www.benzinga.com/quote/MOMO/earnings">first-quarter revenue guidance</a>.
Hello Group posted adjusted earnings of 37 cents per share, compared to estimates of 34 cents per share. The company&rsquo;s quarterly sales came in at $422.95 million versus expectations of $405.61 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Hello Group said it sees first-quarter net revenue of RMB2.45 billion to RMB2.55 billion.
Hello Group shares dipped 19.1% to $6.21 in pre-market trading.
Here are some big stocks recording losses in today&rsquo;s pre-market trading session.
<ul>
<li>Pagaya Technologies Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pgy#NASDAQ">PGY</a>) declined 14.1% to $13.32 in pre-market trading after the company commenced an underwritten offering of 6.5 million shares.</li>
<li>Futu Holdings Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/futu#NASDAQ">FUTU</a>) shares fell 11.5% to $57.90 in pre-market trading following fourth-quarter results.</li>
<li>SentinelOne, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/s#NYSE">S</a>) dipped 9.7% to $25.22 in pre-market trading after the company reported fourth-quarter financial results and issued guidance.</li>
<li>UP Fintech Holding Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tigr#NASDAQ">TIGR</a>) declined 6.6% to $4.64 in pre-market trading. UP Fintech Holding is expected to report its financial results for the fourth quarter, before the opening bell on March 20, 2024.</li>
<li>Nukkleus Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nukk#NASDAQ">NUKK</a>) fell 5.5% to $0.9734 in pre-market trading after dipping 8% on Wednesday.</li>
<li>HUTCHMED (China) Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hcm#NASDAQ">HCM</a>) declined 5.4% to $17.55 in pre-market trading after gaining around 14% on Wednesday.</li>
<li>Applied Optoelectronics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aaoi#NASDAQ">AAOI</a>) shares fell 4.4% to $13.36 in pre-market trading. On Feb. 22, Applied Optoelectronics reported fourth-quarter financial results and issued guidance.</li>
<li>Anheuser-Busch InBev SA/NV (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bud#NYSE">BUD</a>) shares fell 3.9% to $62.01 in pre-market trading after Altria announced its intent to sell a portion of its investment in the company.</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/03/37682999/investor-sentiment-edges-higher-s-p-500-falls-from-record-high"> Investor Sentiment Edges Higher, S&amp;P 500 Falls From Record High </a>
Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a>

Hello Group Posts Q4 Results, Joins SentinelOne, Futu Holdings And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Financial giants have made a conspicuous bearish move on Applied Optoelectronics. Our analysis of options history for Applied Optoelectronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAOI#NASDAQ">AAOI</a>) revealed 10 unusual trades.
Delving into the details, we found 30% of traders were bullish, while 70% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $123,464, and 7 were calls, valued at $348,769.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $15.0 to $25.0 for Applied Optoelectronics over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Applied Optoelectronics options trades today is 521.11 with a total volume of 1,454.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Applied Optoelectronics's big money trades within a strike price range of $15.0 to $25.0 over the last 30 days.
<h3>Applied Optoelectronics Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1709229732_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AAOI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$15.00</td>
<td>$84.0K</td>
<td>696</td>
<td style="text-align: right;">208</td>
</tr>
<tr>
<td>AAOI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$20.00</td>
<td>$71.7K</td>
<td>326</td>
<td style="text-align: right;">205</td>
</tr>
<tr>
<td>AAOI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/01/24</td>
<td>$15.00</td>
<td>$46.4K</td>
<td>837</td>
<td style="text-align: right;">453</td>
</tr>
<tr>
<td>AAOI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$17.50</td>
<td>$45.3K</td>
<td>38</td>
<td style="text-align: right;">71</td>
</tr>
<tr>
<td>AAOI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$25.00</td>
<td>$43.4K</td>
<td>1.1K</td>
<td style="text-align: right;">203</td>
</tr>
</tbody>
</table>

<h3>About Applied Optoelectronics</h3>
Applied Optoelectronics Inc is a provider of fiber-optic networking products for the Internet data center, cable television, telecommunications and fiber-to-the-home end markets. The company focuses on designing and manufacturing a range of optical communication products from components, to subassemblies, and modules to complete turn-key equipment. Demand for Applied Optoelectronics is driven by bandwidth demand in end markets. Through direct sales personnel, and manufacturing teams in the United States, China, and Taiwan, the company coordinates with customers to determine product design, qualifications, and performance. The company derives maximum revenue from Taiwan.
Having examined the options trading patterns of Applied Optoelectronics, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Applied Optoelectronics Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 2,975,831, with AAOI's price up by 7.39%, positioned at $15.12.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 63 days.</li>
</ul>
<h3>What The Experts Say On Applied Optoelectronics</h3>
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $18.0.
<ul>
<li>An analyst from Rosenblatt persists with their Buy rating on Applied Optoelectronics, maintaining a target price of $20. </li>
<li>An analyst from B. Riley Securities has revised its rating downward to Neutral, adjusting the price target to $16. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Applied Optoelectronics with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Applied Optoelectronics Options Trading: A Deep Dive into Market Sentiment

Shares of MercadoLibre, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meli#NASDAQ">MELI</a>) fell sharply during Friday&rsquo;s session after the company reported <a href="https://www.benzinga.com/news/earnings/24/02/37274889/mercadolibre-reports-mixed-q4-results-earnings-miss-revenues-beat">fourth-quarter financial results.</a>
MercadoLibre reported quarterly earnings of $3.25 per share, unchanged from the same period last year. The company reported quarterly sales of $4.26 billion, beating the analyst consensus estimate of $4.12 billion.
MercadoLibre shares dipped 9.6% to $1,643.30 on Friday.
Here are some other stocks moving in today&#39;s mid-day session.
Gainers
<ul>
<li>AXT, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/axti#NASDAQ">AXTI</a>) shares surged 74.4% to $3.9750 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>Maravai LifeSciences Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrvi#NASDAQ">MRVI</a>) shares jumped 60.8% to $8.22 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>AtlasClear Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/atch#NYSE">ATCH</a>) rose 48% to $1.6899.</li>
<li>EZFill Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ezfl#NASDAQ">EZFL</a>) gained 44.6% to $ 1.8088.</li>
<li>Ocean Biomedical, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ocea#NASDAQ">OCEA</a>) jumped 42.3% to $0.7819.</li>
<li>Gyre Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gyre#NASDAQ">GYRE</a>) gained 36.2% to $21.79.</li>
<li>Carvana Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cvna#NYSE">CVNA</a>) rose 31.2% to $68.77 after the company reported fourth-quarter financial results.</li>
<li>Sleep Number Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/snbr#NASDAQ">SNBR</a>) gained 30.5% to $14.42 after the company reported better-than-expected fourth-quarter financial results. Also, Wedbush maintained a Neutral rating on the stock and raised its price target from $12 to $13.5.</li>
<li>ATN International, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/atni#NASDAQ">ATNI</a>) rose 26% to $ 35.72.</li>
<li>Root, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/root#NASDAQ">ROOT</a>) gained 26% to $16.85 after the company reported better-than-expected fourth-quarter financial results. Following earnings, Cantor Fitzgerald upgraded the stock from Neutral to Overweight and raised its price target from $9 to $13.</li>
<li>Infobird Co., Ltd (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ifbd#NASDAQ">IFBD</a>) gained 25.7% to $3.72.</li>
<li>Vroom, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vrm#NASDAQ">VRM</a>) jumped 25.5% to $ 10.50. Vroom is expected to release fourth quarter earnings on March 13, 2024.</li>
<li>ATN International, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/atni#NASDAQ">ATNI</a>) rose 25.4% to $35.61.</li>
<li>Intuitive Machines, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lunr#NASDAQ">LUNR</a>) gained 22.4% to $10.14 after the company&#39;s Odysseus spacecraft landed on the Moon.</li>
<li>Block, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sq#NYSE">SQ</a>) climbed 19.4% to $81.20 after the company reported better-than-expected fourth-quarter sales results and issued guidance.</li>
<li>Ventyx Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vtyx#NASDAQ">VTYX</a>) gained 18.3% to $6.82.</li>
<li>Universal Insurance Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/uve#NYSE">UVE</a>) gained 18.2% to $20.37 following upbeat results.</li>
<li>Docebo Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dcbo#NASDAQ">DCBO</a>) gained 17.7% to $53.99 following upbeat quarterly results.</li>
<li>Universal Insurance Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/uve#NYSE">UVE</a>) shares rose 17.2% to $20.20 following strong quarterly results.</li>
<li>Nextdoor Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kind#NASDAQ">KIND</a>) gained 16.9% to $2.0101 after the company reported preliminary fourth-quarter financial results and announced Nirav Tolia will return to the company as CEO.</li>
<li>Evolent Health, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/evh#NYSE">EVH</a>) gained 12.6% to $33.54 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>Tandem Diabetes Care, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tndm#NASDAQ">TNDM</a>) climbed 12.1% to $28.02 amid volatility after the company reported fourth-quarter financial results.</li>
<li>American Software, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amswa#NASDAQ">AMSWA</a>) gained 11.6% to $11.49 following strong quarterly results.</li>
<li>Akero Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/akro#NASDAQ">AKRO</a>) surged 11% to $26.86.</li>
<li>Ventyx Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vtyx#NASDAQ">VTYX</a>) climbed 10.6% to $6.39.</li>
<li>LegalZoom.com, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lz#NASDAQ">LZ</a>) gained 10.5% to $10.87 after the company reported better-than-expected fourth-quarter financial results and issued FY24 revenue guidance. </li>
<li>Vir Biotechnology, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vir#NASDAQ">VIR</a>) rose 10.3% to $11.36 following strong sales results.</li>
<li>Comfort Systems USA, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fix#NYSE">FIX</a>) rose 10.2% to $273.10 after the company reported better-than-expected fourth-quarter results.</li>
<li>Hyatt Hotels Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/h#NYSE">H</a>) climbed 8.9% to $147.66 after the company reported better-than-expected fourth-quarter sales results and issued guidance.</li>
<li>RB Global, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rba#NYSE">RBA</a>) rose 8.2% to $73.98 after the company reported better-than-expected fourth-quarter adjusted EPS results and issued guidance.</li>
<li>Victoria&#39;s Secret &amp; Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/vsco#NYSE">VSCO</a>) gained 5% to $29.75.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Sequans Communications S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sqns#NYSE">SQNS</a>) fell 65% to $0.8925 after Renesas announced that it has terminated the previously announced MOU for a proposed acquisition of Sequans.</li>
<li>Smith Micro Software, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/smsi#NASDAQ">SMSI</a>) shares fell 41.5% to $0.4781 after posting weak quarterly sales.</li>
<li>ModivCare Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/modv#NASDAQ">MODV</a>) fell 39.9% to $26.39 after the company issued weak sales forecast for the first quarter.</li>
<li>Greenbrook TMS Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gbnh#NASDAQ">GBNH</a>) dipped 37% to $0.1285 after announcing delisting from the Nasdaq.</li>
<li>Upland Software, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/upld#NASDAQ">UPLD</a>) tumbled 34.5% to $2.8890 after the company reported worse-than-expected fourth-quarter adjusted EPS results and issued FY24 revenue guidance below estimates.</li>
<li>Applied Optoelectronics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aaoi#NASDAQ">AAOI</a>) shares fell 31.2% to $14.00 after reporting fourth-quarter results.</li>
<li>MicroCloud Hologram Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/holo#NASDAQ">HOLO</a>) fell 29.3% to $7.79.</li>
<li>Fox Factory Holding Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/foxf#NASDAQ">FOXF</a>) tumbled 27% to $47.38 after the company reported mixed fourth-quarter financial results and issued FY24 EPS and revenue guidance below estimates.</li>
<li>ImmunityBio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ibrx#NASDAQ">IBRX</a>) fell 25% to $3.9299.</li>
<li>Vicor Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vicr#NASDAQ">VICR</a>) fell 21.2% to $36.92 after the company reported worse-than-expected quarterly financial results.</li>
<li>Gray Television, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gtn#NYSE">GTN</a>) fell 21.2% to $6.26 after the company reported a year-over-year decrease in fourth-quarter financial results and issued first-quarter revenue guidance below estimates.</li>
<li>La Rosa Holdings Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lrhc#NASDAQ">LRHC</a>) shares dipped 19.2% to $2.2150 after jumping around 96% on Thursday. La Rosa Holdings disclosed that it has acquired a 100% interest in the La Rosa Realty Winter Garden franchise in Florida.</li>
<li>The E.W. Scripps Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ssp#NASDAQ">SSP</a>) fell 15% to $4.58 following weak quarterly earnings.</li>
<li>AlTi Global, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alti#NASDAQ">ALTI</a>) dipped 14.6% to $6.02.</li>
<li>indie Semiconductor, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/indi#NASDAQ">INDI</a>) shares fell 14.2% to $5.91 following weak quarterly sales.</li>
<li>nLIGHT, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lasr#NASDAQ">LASR</a>) fell 13.6% to $11.93 following fourth-quarter results.</li>
<li>ACCO Brands Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/acco#NYSE">ACCO</a>) declined 12.2% to $5.64 after the company reported fourth-quarter financial results and issued weak FY24 guidance.</li>
<li>Super Micro Computer, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/smci#NASDAQ">SMCI</a>) fell 12% to $858.42 after the company announced a private offering of convertible senior notes.</li>
<li>Booking Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bkng#NASDAQ">BKNG</a>) shares fell 9.7% to $3,522.25 after the company reported fourth-quarter financial results.</li>
<li>Warner Bros. Discovery, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wbd#NASDAQ">WBD</a>) fell 9.3% to $8.68 after the company reported fourth-quarter financial results below estimates.</li>
<li>Penumbra, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pen#NYSE">PEN</a>) fell 8% to $241.77 after the company reported mixed fourth-quarter financial results.</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/news/24/02/37283655/intuit-to-rally-around-14-here-are-10-top-analyst-forecasts-for-friday"> Intuit To Rally Around 14%? Here Are 10 Top Analyst Forecasts For Friday </a>

Why MercadoLibre Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Friday's Mid-Day Session

<h3>Gainers</h3>
<ul>
<li>AXT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXTI#NASDAQ">AXTI</a>) shares increased by 70.8% to $3.9 during Friday's regular session. The company's market cap stands at $169.9 million. As per the press release, Q4 earnings came out yesterday. </li>
<li>Unusual Machines (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/UMAC#AMEX">UMAC</a>) shares rose 31.12% to $3.19. The company's market cap stands at $24.3 million. </li>
<li>Synchronoss Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNCR#NASDAQ">SNCR</a>) shares moved upwards by 18.32% to $10.91. The company's market cap stands at $113.1 million. </li>
<li>Bit Origin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTOG#NASDAQ">BTOG</a>) shares increased by 15.29% to $5.73. The market value of their outstanding shares is at $36.1 million. </li>
<li>ReAlpha Tech Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRE#NASDAQ">AIRE</a>) shares increased by 14.2% to $1.43. The market value of their outstanding shares is at $62.9 million. </li>
<li>Expensify (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXFY#NASDAQ">EXFY</a>) shares increased by 12.57% to $1.79. The company's market cap stands at $149.8 million. As per the news, the Q4 earnings report came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Sequans Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQNS#NYSE">SQNS</a>) shares declined by 62.8% to $0.95 during Friday's regular session. The company's market cap stands at $58.7 million. </li>
<li>Smith Micro Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMSI#NASDAQ">SMSI</a>) shares fell 41.28% to $0.48. The market value of their outstanding shares is at $34.5 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Upland Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPLD#NASDAQ">UPLD</a>) shares declined by 35.07% to $2.87. The company's market cap stands at $90.0 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Applied Optoelectronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAOI#NASDAQ">AAOI</a>) stock fell 32.95% to $13.64. The market value of their outstanding shares is at $516.8 million. The company's, Q4 earnings came out yesterday. </li>
<li>MicroCloud Hologram (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) stock fell 27.8% to $7.95. The market value of their outstanding shares is at $47.2 million. </li>
<li>Inseego (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INSG#NASDAQ">INSG</a>) shares fell 19.72% to $2.2. The market value of their outstanding shares is at $25.7 million. The company's, Q4 earnings came out 2 days ago. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AIRE

BTOG

INSG

SNCR

UMAC

12 Information Technology Stocks Moving In Friday's Intraday Session

Applied Optoelectronics shares are trading lower after the company reported Q4 financial results and issued guidance. Following earnings, B. Riley Seucrities downgraded the stock from Buy to Neutral and lowered its price target from $22 to $16.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-ratings/">analyst ratings page</a>.
<ul>
<li>Jefferies cut the price target for ModivCare Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/modv#NASDAQ">MODV</a>) from $60 to $39. Jefferies analyst Brian Tanquilut downgraded the stock from Buy to Hold. ModivCare shares fell 2.8% to close at $43.87 on Thursday. <a href="https://www.benzinga.com/quote/MODV/analyst-ratings">See how other analysts view this stock.</a></li>
<li>UBS slashed Rivian Automotive, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rivn#NASDAQ">RIVN</a>) price target from $24 to $8. UBS analyst Joseph Spak downgraded the stock from Buy to Sell. Rivian Automotive shares dipped 25.6% to close at $11.45 on Thursday. <a href="https://www.benzinga.com/quote/RIVN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan lowered the price target for Penumbra, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pen#NYSE">PEN</a>) from $284 to $250. JP Morgan analyst Robbie Marcus downgraded the stock from Overweight to Neutral. Penumbra shares rose 1.7% to close at $262.68 on Thursday. <a href="https://www.benzinga.com/quote/PEN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B. Riley Securities lowered Applied Optoelectronics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aaoi#NASDAQ">AAOI</a>) price target from $22 to $16. B. Riley Securities analyst David Kang downgraded the stock from Buy to Neutral. Applied Optoelectronics shares gained 6% to close at $20.35 on Thursday. <a href="https://www.benzinga.com/quote/AAOI/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler increased the price target for Intuit Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intu#NASDAQ">INTU</a>) from $642 to $750. Piper Sandler analyst Arvind Ramnani maintained an Overweight rating. Intuit shares gained 3.1% to close at $657.92 on Thursday. <a href="https://www.benzinga.com/quote/INTU/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Telsey Advisory Group boosted the price target for Floor &amp; Decor Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fnd#NYSE">FND</a>) from $95 to $110. Telsey Advisory Group analyst Joseph Feldman maintained a Market Perform rating. Floor &amp; Decor shares gained 3.9% to close at $113.53 on Thursday. <a href="https://www.benzinga.com/quote/FND/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Needham cut Bel Fuse Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/belfb#NASDAQ">BELFB</a>) price target from $77 to $70. Needham analyst James Ricchiuti maintained a Buy rating. Bel Fuse shares fell 28.7% to close at $50.02 on Thursday. <a href="https://www.benzinga.com/quote/BELFB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Canaccord Genuity boosted Q2 Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/qtwo#NYSE">QTWO</a>) price target from $40 to $55. Canaccord Genuity analyst Joseph Vafi maintained a Buy rating. Q2 Holdings shares gained 9.9% to close at $45.98 on Thursday. <a href="https://www.benzinga.com/quote/QTWO/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Citigroup boosted Fox Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/foxa#NASDAQ">FOXA</a>) price target from $34 to $35. Citigroup analyst Jason Bazinet upgraded the stock from Neutral to Buy. Fox shares fell 0.3% to close at $29.85 on Thursday. <a href="https://www.benzinga.com/quote/FOXA/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Rosenblatt raised Altair Engineering Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/altr#NASDAQ">ALTR</a>) price target from $74 to $88. Rosenblatt analyst Blair Abernethy downgraded the stock from Buy to Neutral. Altair Engineering shares gained 3.4% to close at $89.86 on Thursday. <a href="https://www.benzinga.com/quote/ALTR/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
&nbsp;
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/02/37279661/warner-bros-discovery-block-and-3-stocks-to-watch-heading-into-friday"> Warner Bros. Discovery, Block And 3 Stocks To Watch Heading Into Friday </a>

Price Target

Analyst Ratings

ALTR

BELFB

FOXA

INTU

QTWO

RIVN

Intuit To Rally Around 14%? Here Are 10 Top Analyst Forecasts For Friday

Shares of AXT, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/axti#NASDAQ">AXTI</a>) rose sharply in today&rsquo;s pre-market trading after the company reported better-than-expected <a href="https://www.benzinga.com/quote/AXTI/earnings">fourth-quarter financial results</a>.
AXT posted GAAP loss of 9 cents per share, compared to market expectations for a loss of 15 cents per share. The company&rsquo;s quarterly sales came in at $20.43 million versus estimates of $17.57 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
AXT shares jumped 36% to $3.10 in pre-market trading
Here are some other stocks moving in pre-market trading.
<h3>Gainers</h3>
<ul>
<li>Telesis Bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tbio#NASDAQ">TBIO</a>) gained 88% to $0.8506 in pre-market trading after the company was granted EUR Patent #3503915 for &quot;Genetically Engineered Vibrio Natriegens (Host Organism For Cloning And Manipulating DNA).&quot;</li>
<li>Intuitive Machines, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lunr#NASDAQ">LUNR</a>) shares rose 63.2% to $13.51 in pre-market trading. SpaceX CEO <a href=" https://www.benzinga.com/topic/elon-musk/">Elon Musk</a>, lauds Intuitive Machinesfor their groundbreaking moon landing, marking a significant milestone in U.S. space exploration.</li>
<li>Ocean Biomedical, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ocea#NASDAQ">OCEA</a>) shares surged 53% to $0.84 in pre-market trading.</li>
<li>BowFlex Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bfx#NYSE">BFX</a>) shares jumped 41.8% to $0.2382 in pre-market trading after dipping 20% on Thursday</li>
<li>Carvana Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cvna#NYSE">CVNA</a>) shares gained 26.4% to $66.22 in pre-market trading after the company reported fourth-quarter financial results.</li>
<li>Beneficient (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/benf#NASDAQ">BENF</a>) gained 22% to $0.2681 in pre-market trading. On feb. 13, Beneficient posted a third-quarter loss of $1.98 per share.</li>
<li>Maravai LifeSciences Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrvi#NASDAQ">MRVI</a>) shares rose 20.9% to $6.18 in pre-market trading after the company reported better-than-expected fourth-quarter financial results.</li>
<li>Trinity Place Holdings Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tphs#NYSE">TPHS</a>) gained 15.9% to $0.2098 in pre-market trading following fourth-quarter results.</li>
<li>Block, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sq#NYSE">SQ</a>) shares gained 12.7% to $76.62 in pre-market trading. Block reported downbeat earnings for its fourth quarter, while sales topped estimates. The company said it sees first-quarter gross profit of $2.0 billion to $2.02 billion, which would be up 24% year-over-year at the midpoint.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Charge Enterprises, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crge#NASDAQ">CRGE</a>) fell 49.5% to $0.0368 in pre-market trading. Charge Enterprises announced decision of Nasdaq Hearings Panel to delist common shares.</li>
<li>Applied Optoelectronics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aaoi#NASDAQ">AAOI</a>) shares fell 38.2% to $12.58 in pre-market trading after reporting fourth-quarter results.</li>
<li>Ascent Solar Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/asti#NASDAQ">ASTI</a>) dipped 20.6% to $0.5001 in pre-market trading.</li>
<li>Smith Micro Software, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/smsi#NASDAQ">SMSI</a>) shares fell 20.5% to $0.65 after posting weak quarterly sales.</li>
<li>La Rosa Holdings Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lrhc#NASDAQ">LRHC</a>) shares dipped 17.8% to $2.25 in pre-market trading after jumping around 96% on Thursday. La Rosa Holdings disclosed that it has acquired a 100% interest in the La Rosa Realty Winter Garden franchise in Florida.</li>
<li>indie Semiconductor, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/indi#NASDAQ">INDI</a>) shares fell 15% to $5.86 in pre-market trading following weak quarterly sales.</li>
<li>ModivCare Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/modv#NASDAQ">MODV</a>) fell 14.2% to $37.64 in pre-market trading after the company issued weak sales forecast for the first quarter.</li>
<li>Ardelyx, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ardx#NASDAQ">ARDX</a>) fell 13.3% to $7.65 in pre-market trading after the company reported mixed fourth-quarter financial results.</li>
<li>Energy Focus, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/efoi#NASDAQ">EFOI</a>) fell 12.5% to $2.04 in pre-market trading.</li>
<li>Booking Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bkng#NASDAQ">BKNG</a>) shares fell 9.1% to $3,545.61 in pre-market trading after the company reported fourth-quarter financial results.</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/02/37279661/warner-bros-discovery-block-and-3-stocks-to-watch-heading-into-friday"> Warner Bros. Discovery, Block And 3 Stocks To Watch Heading Into Friday </a>

ARDX

ASTI

BENF

CRGE

EFOI

TBIO

TPHS

Why AXT Shares Are Trading Higher By Around 36%; Here Are 20 Stocks Moving Premarket

<h3>Gainers</h3>
<ul>
<li>AXT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXTI#NASDAQ">AXTI</a>) stock increased by 41.2% to $3.22 during Friday's pre-market session. The market value of their outstanding shares is at $140.4 million. The company's, Q4 earnings came out yesterday. </li>
<li>Bit Origin (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTOG#NASDAQ">BTOG</a>) stock increased by 12.57% to $5.59. The company's market cap stands at $35.2 million. </li>
<li>Rubicon Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBT#NYSE">RBT</a>) shares moved upwards by 9.77% to $0.95. The company's market cap stands at $40.1 million. </li>
<li>Castellum (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/CTM#AMEX">CTM</a>) shares rose 9.63% to $0.33. The company's market cap stands at $17.4 million. </li>
<li>Expensify (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXFY#NASDAQ">EXFY</a>) stock increased by 9.43% to $1.74. The market value of their outstanding shares is at $145.7 million. As per the press release, Q4 earnings came out yesterday. </li>
<li>Quantum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) stock rose 6.3% to $0.45. The market value of their outstanding shares is at $42.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Sequans Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQNS#NYSE">SQNS</a>) stock declined by 42.2% to $1.48 during Friday's pre-market session. The market value of their outstanding shares is at $91.2 million. </li>
<li>Applied Optoelectronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAOI#NASDAQ">AAOI</a>) shares decreased by 32.49% to $13.74. The market value of their outstanding shares is at $520.4 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Ascent Solar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTI#NASDAQ">ASTI</a>) shares decreased by 20.62% to $0.5. The market value of their outstanding shares is at $1.8 million. </li>
<li>Indie Semiconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INDI#NASDAQ">INDI</a>) stock fell 18.58% to $5.61. The company's market cap stands at $908.8 million. The company's, Q4 earnings came out yesterday. </li>
<li>Banzai International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNZI#NASDAQ">BNZI</a>) shares declined by 12.62% to $0.86. The market value of their outstanding shares is at $14.6 million. </li>
<li>Smith Micro Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMSI#NASDAQ">SMSI</a>) shares declined by 11.92% to $0.72. The company's market cap stands at $51.7 million. As per the press release, Q4 earnings came out yesterday. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BNZI

QMCO

12 Information Technology Stocks Moving In Friday's Pre-Market Session

Applied Optoelectronics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aaoi#NASDAQ">AAOI</a>) posted results for its <a href="https://www.benzinga.com/quote/AAOI/earnings">fourth quarter on Thursday</a>.
Applied Optoelectronics posted adjusted earnings of 4 cents per share, versus a year-ago loss of 19 cents per share. The company&rsquo;s quarterly sales came in at $60.45 million versus market estimates of $65.19 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Applied Optoelectronics said it sees first-quarter adjusted loss of 33 cents to 28 cents per share, versus market estimates for a loss of 1 cent per share. The company expects revenue of $41 million to $46 million, versus expectations of $66.180 million.
&ldquo;We&rsquo;re pleased by the continued progress we have made in improving our gross margin, which combined with expense management, allowed us to generate a small non-GAAP net income in the fourth quarter for the first time in many years,&rdquo; said Dr. Thompson Lin, Applied Optoelectronics Inc. Founder, President and Chief Executive Officer. &ldquo;While our fourth quarter revenue came in below our expectations, our gross margin outperformed our projections, and we generated non-GAAP EPS at the high end of our guidance range. Looking ahead, we expect to see some revenue decline in Q1 due to the Lunar New Year combined with some price reductions, with substantial improvement expected in Q2.&rdquo;
Applied Optoelectronics shares gained 6% to close at $20.35 on Thursday.
These analysts made changes to their price targets on Applied Optoelectronics after the company reported quarterly results.
<ul>
<li>B. Riley Securities cut the price target on Applied Optoelectronics from $22 to $16. B. Riley Securities analyst David Kang downgraded the stock from Buy to Neutral.</li>
<li>Rosenblatt slashed the price target on Applied Optoelectronics from $23 to $20. Rosenblatt analyst Mike Genovese maintained a Buy rating.</li>
</ul>
&nbsp;
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/02/37279661/warner-bros-discovery-block-and-3-stocks-to-watch-heading-into-friday"> Warner Bros. Discovery, Block And 3 Stocks To Watch Heading Into Friday</a>

These Analysts Cut Their Forecasts On Applied Optoelectronics After Q4 Results

Rosenblatt analyst Mike Genovese maintains Applied Optoelectronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAOI#NASDAQ">AAOI</a>) with a Buy and lowers the price target from $23 to $20.

Rosenblatt Maintains Buy on Applied Optoelectronics, Lowers Price Target to $20

B. Riley Securities analyst David Kang downgrades Applied Optoelectronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAOI#NASDAQ">AAOI</a>) from Buy to Neutral and lowers the price target from $22 to $16.

Downgrades

B. Riley Securities Downgrades Applied Optoelectronics to Neutral, Lowers Price Target to $16

U.S. stock futures were lower this morning, with the Dow futures trading lower by around 25 points on Friday.
Shares of Ardelyx, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ardx#NASDAQ">ARDX</a>) fell sharply in today&rsquo;s pre-market trading after the company reported mixed <a href="https://www.benzinga.com/news/earnings/24/02/37273692/ardelyx-reports-mixed-q4-results-earnings-miss-revenue-beat">fourth-quarter financial results</a>.
Ardelyx reported quarterly losses of 12 cents per share which missed the analyst consensus estimate of losses of 10 cents. The company reported quarterly sales of $34.36 million, beating the analyst consensus estimate of $34.23 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Ardelyx shares dipped 13.3% to $7.65 in pre-market trading.
Here are some big stocks recording losses in today&rsquo;s pre-market trading session.
<ul>
<li>Applied Optoelectronics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aaoi#NASDAQ">AAOI</a>) shares dipped 38.2% to $12.58 in pre-market trading after reporting fourth-quarter results.</li>
<li>indie Semiconductor, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/indi#NASDAQ">INDI</a>) shares declined 15% to $5.86 in pre-market trading following weak quarterly sales.</li>
<li>ModivCare Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/modv#NASDAQ">MODV</a>) shares tumbled 14.2% to $37.64 in pre-market trading after the company issued weak sales forecast for the first quarter.</li>
<li>Booking Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bkng#NASDAQ">BKNG</a>) shares declined 9.1% to $3,545.61 in pre-market trading after the company reported fourth-quarter financial results.</li>
<li>MercadoLibre, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/meli#NASDAQ">MELI</a>) shares fell 8.1% to $1,671.42 in pre-market trading after the company reported fourth-quarter financial results.</li>
<li>Copart, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cprt#NASDAQ">CPRT</a>) shares declined 7.8% to $45.56 in pre-market trading after the company reported worse-than-expected second-quarter financial results.</li>
<li>AVITA Medical, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rcel#NASDAQ">RCEL</a>) shares fell 7.8% to $15.69 in pre-market trading following weak quarterly sales.</li>
<li>Main Street Capital Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/main#NYSE">MAIN</a>) declined 6% to $43.00 in pre-market trading following fourth-quarter financial results.</li>
<li>Canaan Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/can#NASDAQ">CAN</a>) shares fell 4.9% to $1.93 in pre-market trading. Canaan is expected to report fourth-quarter financial results on Feb. 27, 2024.</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/02/37279701/investor-optimism-improves-further-s-p-500-settles-at-record-high"> Investor Optimism Improves Further; S&amp;P 500 Settles At Record High</a>
Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a>

CPRT

MAIN

RCEL

Ardelyx Posts Q4 Loss, Joins MercadoLibre, Booking Holdings And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Guidance

Applied Optoelectronics Sees Q1 2024 Adj. EPS $(0.33)-$(0.28) Vs $(0.01) Est.; Revenue $41M-$46M Vs $66.180M Est.

Analysts who follow Applied Optoelectronics Inc (AAOI) on average expect it to gain 31.48% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns the stock an Analyst Ranking of 36, which means it ranks higher than 36 of stocks, based on data compiled by Investor

Where Does Wall Street Think Applied Optoelectronics Inc (AAOI) Stock Will Go?

Applied Optoelectronics Inc (AAOI) stock is higher by 533.33% over the last 12 months, and the average rating from Wall Street analysts is a Buy. InvestorsObserverâ€&#x2122;s proprietary ranking system, gives AAOI stock a score of  48 out of a possible 100. That rank is chiefly influenced by a long-term technical score of 47. AAOI'

Applied Optoelectronics Inc (AAOI) Stock Increases 16.18% This Week; Should You Buy?

The ten stocks in the munKNEE Small Cap AI Stocks Index were in bubble mode in December going UP 17.3%, on average that month, but the bubble began to deflate in January. The Index went DOWN 1.9% last week and is now DOWN 14.8% YTD.

Bubble In Small Cap AI Stocks Continues To Deflate; Down 15% YTD

EMCOR Is Seriously Overbought, But Still Good For The Long Haul

The average market capitalization of the 10 small cap AI stocks analyzed was just $521M, the average stock price was $6.70/share and, while 5 of the 10 stocks were up in March, the average stock price in the Index was DOWN 17.4%.

March Recap: Small Cap AI Stocks Down 17%

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
When you think about tech disruptor stocks, it&rsquo;s hard not to mention Uber Technologies (NYSE:<a href="https://investorplace.com/stock-quotes/uber-stock-quote/">UBER</a>). By making use of the &ldquo;dead&rdquo; space found in millions of cars in the U.S. &ndash; and increasingly across the world &ndash; Uber not only provided a convenient service but also forged an entirely new sharing economy.



That&rsquo;s really the spirit behind tech disruptor stocks. We&rsquo;re looking for enterprises that can potentially catapult their offerings into high ground, weeding out competitors and less efficient and effective businesses. Yes, there&rsquo;s an element here that&rsquo;s cold. Needless to say, this sector is also incredibly speculative.



Still, the rewards can be phenomenal if the stars align just right. On that note, below are potential tech disruptor stocks to consider.



<h2>PROS Holdings (PRO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/software1600b-300x169.jpg" alt="software stocks: Coding software developer work with augmented reality dashboard computer icons of scrum agile development and code fork and versioning with responsive cybersecurity"><div>Source: Shutterstock</div></div>Falling under the application software subsegment of the broader tech ecosystem, PROS Holdings (NYSE:<a href="https://investorplace.com/stock-quotes/pro-stock-quote/">PRO</a>) provides software solutions that optimize the processes of selling and shopping in the digital economy in Europe, Asia-Pacific, the Middle East, Africa, and internationally. Per its <a href="https://finance.yahoo.com/quote/PRO/profile">public profile</a>, the company offers a range of solutions that cover areas such as business optimization and artificial intelligence-based learning algorithms.



Fundamentally, enterprises across industries are looking for an edge to retain and build their customer base. In this fierce environment, PROS just might be able to sell its message to prospective enterprise-level clients. So far, it&rsquo;s doing a solid job. Aside from a big miss in the fourth quarter last year, PROS has been delivering the goods against bottom-line targets.



For fiscal 2024, experts anticipate earnings per share of 20 cents on top of revenue of $333.66 million. Last year, the print came out to earnings of 5 cents per share on sales of $303.71 million.



Notably, analysts rate PRO a <a href="https://www.tipranks.com/stocks/pro/forecast#">unanimous strong buy with a $41.17</a> average price target. It&rsquo;s one of the tech disruptor stocks to consider.



<h2>Couchbase (BASE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/cloud1600b-300x169.jpg" alt="cloud computing stocks"><div>Source: Shutterstock</div></div>Operating under the infrastructure software subcategory, Couchbase (NASDAQ:<a href="https://investorplace.com/stock-quotes/base-stock-quote/">BASE</a>) provides a cloud database platform for enterprise applications. Per its <a href="https://finance.yahoo.com/quote/base/profile">public profile</a>, Couchbase works in multiple configurations, ranging from cloud to multi- or hybrid-cloud to on-premise environments to the edge. The company offers a variety of solutions, including data synchronization and backend data storage. It also serves multiple industries, including government agencies, e-commerce, and financial services, among others.



In the past 52 weeks, BASE has enjoyed a very strong performance, almost doubling in market value. It has also carried this performance into the financial realm, beating estimates for bottom-line targets. While it&rsquo;s not profitable, Couchbase has been paring down expected losses per share. In the past four quarters, the average positive surprise came out to 37.75%.



For the current fiscal year (2025), experts anticipate a loss of 44 cents per share on revenue of $205.53 million. That compares favorably to a loss of 57 cents on sales of $180 million.



Analysts peg shares as a <a href="https://www.tipranks.com/stocks/base/forecast">moderate buy</a> with a $32.91 price target. Again, it&rsquo;s a solid idea for tech disruptor stocks.



<h2>Applied Optoelectronics (AAOI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/shutterstock_1926453779-300x169.png" alt="top Tech stocks to watch : Double exposure of man's hands holding and using a phone and financial graph drawing. tech stocks"><div>Source: Peshkova / Shutterstock</div></div>Listed under the communication equipment subsector, Applied Optoelectronics (NASDAQ:<a href="https://investorplace.com/stock-quotes/aaoi-stock-quote/">AAOI</a>) designs, manufactures and sells fiber-optic networking products in the U.S., Taiwan and China. It offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, distribution equipment and amplifiers. Mainly, Applied sells its products to internet data center operators, along with cable television networks and telecom equipment manufacturers.



As with other small-capitalization firms, Applied doesn&rsquo;t have the most consistent financial performance. For example, it posted a bad miss in Q1 last year. Still, it&rsquo;s been improving its form. In the most recent Q4 disclosure, the tech firm posted EPS of 4 cents against an expected break-even quarter.



For fiscal 2024, analysts anticipate that the company will post a loss of 9 cents per share on revenue of $287.93 million. Both stats represent a massive improvement over last year&rsquo;s print of a loss of 42 cents on sales of $217.65 million. Further, 2025 sales could land at over $432 million.



AAOI enjoys a <a href="https://www.tipranks.com/stocks/aaoi/forecast">moderate buy consensus view</a> with an $18 price target. For speculators, it could be one of the tech disruptor stocks.



<h2>ACM Research (ACMR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/02/acmr-stock-1-300x169.jpg" alt="a magnifying glass enlarges the ACM logo on a website"><div>Source: Pavel Kapysh / Shutterstock.com</div></div>Working under the semiconductor equipment and materials label, ACM Research (NASDAQ:<a href="https://investorplace.com/stock-quotes/acmr-stock-quote/">ACMR</a>), along with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment to enhance the manufacturing process and yield for integrated chips worldwide. <a href="https://finance.yahoo.com/quote/ACMR/profile/">Per its corporate profile</a>, ACM offers myriad advanced solutions, including alternated phase shift technology for flat and patterned wafer surfaces.



While it doesn&rsquo;t get much attention, the wafer cleaning equipment market size <a href="https://www.verifiedmarketresearch.com/product/global-wafer-cleaning-equipment-market-size-and-forecast/#:~:text=Wafer%20Cleaning%20Equipment%20Market%20Size%20And%20Forecast,the%20forecast%20period%202024%2D2030.">reached a valuation of $10.1 billion last year</a>. Experts believe that the segment could rise to $20.18 billion by 2030, representing a compound annual growth rate of 10.4%. These figures seem realistic considering ACM&rsquo;s incredible earnings performances. In the past three quarters, its average positive earnings surprise stood at 173.5%.



For fiscal 2024, analysts anticipate EPS to reach $1.46 on sales of $701.7 million. While the bottom line may fall short of last year&rsquo;s print of $1.63, the top line may see growth of 25.8%.



Notably, ACMR enjoys a <a href="https://www.tipranks.com/stocks/acmr/forecast">unanimous strong buy</a> consensus view with a $37.75 average price target. It&rsquo;s a hidden gem among tech disruptor stocks.



<h2>SkyWater Technology (SKYT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/semiconductor1600a-300x169.jpg" alt="Close-up Presentation of a New Generation Microchip. Gloved Hand Holding Piece of Technological Wonder. Semiconductor stocks are in the news."><div>Source: Shutterstock</div></div>Falling under the semiconductor category, SkyWater Technology (NASDAQ:<a href="https://investorplace.com/stock-quotes/skyt-stock-quote/">SKYT</a>) operates as a pure-play technology foundry. It engages in the provision of semiconductor development, manufacturing and packaging services. Fundamentally, SKYT could rank among the tech disruptor stocks by offering a viable alternative semiconductor supply chain. Per its <a href="https://finance.yahoo.com/quote/skyt/profile">corporate profile</a>, SkyWater offers myriad advanced solutions, including silicon-based analog and mixed-signal and micro-electromechanical systems.



Further bolstering its relevancy, SkyWater serves customers in the computation, aerospace and defense, automotive, bio-health, consumer and industrial sectors. Intriguingly, aside from a bum note in Q2 last year, the company has pared down expected losses per share. Even with the poor Q2 result, over the past four quarters, the average positive surprise came out to 46.2%.



For fiscal 2024, analysts believe SkyWater will post EPS of 7 cents on revenue of $330.73 million. These figures represent an improvement over last year&rsquo;s print of a loss of 17 cents on sales of $286.68 million.



Another tempting note: analysts rate shares a <a href="https://www.tipranks.com/stocks/skyt/forecast">unanimous strong buy</a> with a $15 price target.



<h2>Synchronoss Technologies (SNCR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/09/cloud-computing-300x169.jpg" alt="an image of a cloud imprinted on a circuit board lit up by blue circuit lights. AVCT stock. cloud computing stocks"><div>Source: Blackboard / Shutterstock</div></div>Operating under the infrastructure software segment, Synchronoss Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/sncr-stock-quote/">SNCR</a>) provides cloud, messaging, digital and network management solutions in the Americas, Europe, the Middle East, Africa and Asia-Pacific. Syncronoss offers its cloud platform that allows customers&rsquo; subscribers to backup and protect, engage with and manage their personal content. SNCR may be one of the tech disruptor stocks for its communications management, especially in an era of data privacy concerns.



While Synchronoss presents an enticing narrative, it&rsquo;s financials have been all over the map. For example, in Q1 and Q4 last year, the average negative surprise came out to 525%. However, in Q3, the company posted EPS of 45 cents, handily beating the consensus estimate of a loss of 4 cents.



For fiscal 2024, experts believe that the company will post a loss of $1.66 on revenue of $171.57 million. Last year, the company posted a loss of $1.41 on revenue of $164.2 million. Interestingly, fiscal 2025 sales could potentially hit $181.49 million.



<a href="https://www.tipranks.com/stocks/sncr/forecast">Northland Securities pegs SNCR </a>a &ldquo;buy&rdquo; with a lofty $20 price target.



<h2>Aeva Technologies (AEVA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/aeva1600-300x169.png" alt="Mobile phone with logo of American autonomous driving company Aeva Inc. on screen in front of business web page. Focus on left of phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div>Another infrastructure software play, Aeva Technologies (NYSE:<a href="https://investorplace.com/stock-quotes/aeva-stock-quote/">AEVA</a>) is a high-risk, high-reward proposal among tech disruptor stocks. Per its <a href="https://finance.yahoo.com/quote/aeva/profile">corporate profile</a>, Aeva engages in the design, manufacturing, and sale of lidar (light detection and ranging) sensing systems, and related perception and autonomy-enabling software solutions. It offers a unique 4D lidar sensing system with embedded software for automated driving and industrial automation, among other functionalities.



It could easily be disruptive because no company has quite figured out the autonomy code just yet. Further, Aeva&rsquo;s 4D lidar system is incredibly compelling because it can calculate obstacle trajectories based on their present velocity. It&rsquo;s groundbreaking stuff. However, if there is a drawback, it&rsquo;s that so far, the narrative has been focused on the science, not the financials.



However, that could change soon. For fiscal 2024, experts believe Aeva could post sales of $8.79 million. While that&rsquo;s not much, It&rsquo;s almost 104% higher than last year&rsquo;s print of $4.31 million. And fiscal 2025 revenue could hit $37.08 million.



Analysts rate shares a <a href="https://www.tipranks.com/stocks/aeva/forecast">moderate buy</a> with a whopping $15.05 average price target.



On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT771245">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT771236">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2021/01/one-percenter-issues-urgent-warning/?cid=MKT499868&amp;eid=MKT793997">It doesn&rsquo;t matter if you have $500 or $5 million. Do this now.</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	
The post <a href="https://investorplace.com/2024/03/the-tech-disruptors-7-stocks-that-demand-your-attention-now/">The Tech Disruptors? 7 Stocks That Demand Your Attention Now.</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

The Tech Disruptors? 7 Stocks That Demand Your Attention Now.

The market has been down on Applied Optoelectronics Inc (AAOI)  stock recently. AAOI gets a Bearish score from InvestorsObserver Stock Sentiment Indicator. Applied Optoelectronics Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on AAOI!See Full AAOI ReportWhat is Stock

Where Will Applied Optoelectronics Inc (AAOI) Stock Go Next After It Is Down 6.13% in a Week?

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
It may sound counterintuitive but if you want big gains, you have to think small, as in small-cap stocks. Here, the idea is to trade predictability for maximum profit potential.



To be sure, the aforementioned elements generally feature a counterbalancing framework. For example, the companies that feature the greatest magnitude of predictability are the established, large-capitalization businesses. However, you&rsquo;re not going to get much profit potential because everybody expects them to perform consistently.



On the other hand, small-cap stocks are wildly unpredictable. But you need this volatility to extract the biggest upside potential. If that sounds like an attractive gameplan, these lesser-known ideas may be right for you.



<h2>CECO Environmental (CECO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/large-cap-small-cap-energy-stocks-300x169.jpg" alt="energy stocks to buy: two light bulbs with grey sky in the background"><div>Source: Shutterstock</div></div>Falling under the industrial sector, CECO Environmental (NASDAQ:<a href="https://investorplace.com/stock-quotes/ceco-stock-quote/">CECO</a>) conducts business in the pollution and treatment control space. Per its <a href="https://finance.yahoo.com/quote/CECO/profile">public profile</a>, the company offers solutions in industrial air quality, industrial water treatment and energy transition protocols worldwide. Since the start of the year, CECO gained more than 18% of its equity value.



Fundamentally, it&rsquo;s no surprise that CECO has performed so well in 2024. Politically and ideologically, the narrative has shifted toward environmental protection. Notably, analysts rate CECO a <a href="https://www.tipranks.com/stocks/ceco/forecast">unanimous strong buy</a>. Overall, the average price target lands at $26.80, implying over 13% upside potential. The high-side estimate lands at $30.



Last year, CECO enjoyed a solid performance, printing a positive earnings surprise of 12.5%. Its best result came in the third quarter when it generated earnings per share of 22 cents against an expected target of 18 cents.



For fiscal 2024, experts anticipate revenue of $601.14 million. That&rsquo;s up over 10% from last year&rsquo;s tally of $544.85 million. Therefore, it&rsquo;s one of the small-cap stocks to consider.



<h2>VAALCO Energy (EGY)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/large-cap-taking-out-mid-cap-small-cap-300x169.jpg" alt="businesswoman drawing large fish eating small fish to represent large-cap stock index funds"><div>Source: Shutterstock</div></div>An independent hydrocarbon energy specialist, VAALCO Energy (NYSE:<a href="https://investorplace.com/stock-quotes/egy-stock-quote/">EGY</a>) focuses on the acquisition, exploration, development and production of crude oil, natural gas and natural gas liquids. It operates in multiple countries, including Gabon, Egypt, Equatorial Guinea and Canada. Since the start of the year, EGY gained almost 60% of its equity value. It could be on for even more gains.



Right now, analysts are pegging EGY as a <a href="https://www.tipranks.com/stocks/egy">unanimous strong buy</a>. It&rsquo;s not a mistake in my view. With the geopolitical flashpoint in Europe likely to worsen before it gets better, hydrocarbon supplies to Western nations may be limited. Since these countries represent the biggest economies in the world, demand will rise against artificially falling supply. Investors just need to do the math.



To be sure, Vaalco performed poorly in 2023. For example, the average quarterly surprise between Q1 and Q3 came out to 43.4% below breakeven. And analysts on paper anticipate 2024 revenue to reach $430.27 million, down 5.4% from last year&rsquo;s print.



In my opinion, the projections will be revised upward eventually given the geopolitical realities. EGY is therefore one of the possible small-cap stocks to buy.



<h2>ACM Research (ACMR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/small-cap-winner-300x169.jpg" alt="a tiny man with boxing gloves having defeated a much larger man who is knocked out on the ground. nano-cap stocks"><div>Source: Shutterstock</div></div>Listed under the technology sphere, ACM Research (NASDAQ:<a href="https://investorplace.com/stock-quotes/acmr-stock-quote/">ACMR</a>) operates in the semiconductor equipment and materials subcategory. <a href="https://finance.yahoo.com/quote/ACMR/profile/">Per its corporate profile</a>, ACM develops, manufactures and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. Since the start of the year, ACMR stock gained nearly 72% of its equity value.



Just because it already enjoyed a robust performance doesn&rsquo;t mean it can&rsquo;t deliver even more for prospective investors. Currently, analysts rate shares a <a href="https://www.tipranks.com/stocks/acmr/forecast">unanimous strong buy</a> with a $37.75 average price target. That implies almost 18% upside potential.



Much of the excitement centers on ACM&rsquo;s strong financial performance. In Q4 last year, the company posted EPS of 43 cents against an expected print of 17 cents. As the semiconductor sector rises due to increased demand, ACM&rsquo;s critical services will likely attract the spotlight.



Experts see fiscal 2024 revenue hitting $701.7 million, up nearly 26% from last year. This is easily one of the top small-cap stocks to buy.



<h2>PAR Technology (PAR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/large-cap-winner-versus-small-cap-300x169.jpg" alt="a giant businessman standing in the middle of the road towering over a smaller, cowardly business man"><div>Source: Shutterstock</div></div>Another tech player, PAR Technology (NYSE:<a href="https://investorplace.com/stock-quotes/par-stock-quote/">PAR</a>) focuses on the application software realm. With its subsidiaries, Par provides omnichannel cloud-based hardware and software solutions to the restaurant and retail industries worldwide. Granted, this is a bit of a riskier idea among small-cap stocks. Reflecting this dynamic, PAR stock gained less than 2% since the beginning of this year.



Still, let&rsquo;s look at the fundamentals. According to Deloitte, while the revenge travel phenomenon may be fading, <a href="https://www2.deloitte.com/content/dam/Deloitte/us/Documents/consumer-business/us-travel-hospitality-industry-outlook-2024.pdf">consumers are still prioritizing travel</a>. If so, that means restaurants &ndash; while hard hit right now &ndash; could eventually enjoy downwind benefits. Because of this dynamic, I don&rsquo;t find PAR stock&rsquo;s moderate buy assessment anywhere near shocking.



In fairness, Par suffered some ugly financial numbers. In the first half of last year, its quarterly surprise averaged 44.1% below breakeven. And in Q4, the company posted a loss of 33 cents against expected red ink of 26 cents per share.



However, looking to fiscal 2024, experts anticipate revenue of $480.44 million. That&rsquo;s up almost 16% from last year&rsquo;s result of $415.82 million. For patient investors, PAR could be one of the small-cap stocks to buy.



<h2>Applied Optoelectronics (AAOI)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/large-cap-versus-small-cap-boxing-gloves-300x169.jpg" alt=""><div>Source: Shutterstock</div></div>Working under the communication equipment category, Applied Optoelectronics (NASDAQ:<a href="https://investorplace.com/stock-quotes/aaoi-stock-quote/">AAOI</a>) designs, manufactures and sells fiber-optic networking products in the U.S., Taiwan and China. According to its <a href="https://finance.yahoo.com/quote/AAOI/profile">public profile</a>, Applied offers myriad products, including optical modules, optical filters and laser components, among many others. However, it&rsquo;s one of the riskiest ideas among small-cap stocks, suffering a 33% year-to-date loss.



Nevertheless, that&rsquo;s not the entire story. In the past 52 weeks, AAOI stock gained slightly over 485% of equity value. As a result, some corrective action was arguably inevitable. After this bout of red ink diminishes, contrarians may want to jump back into the trade. Analysts are looking at shares as a moderate buy with an <a href="https://www.tipranks.com/stocks/aaoi/forecast">$18 price target</a>. That implies nearly 44% upside potential.



One reason for having confidence in Applied is its quarterly print. In Q4 last year, the company posted EPS of four cents. The expected target? A breakeven quarter. For fiscal 2024, analysts are looking for a loss per share of nine cents on revenue of $287.93 million.



Last year, the top line landed at $217.65 million, meaning the expectation calls for 32.3% growth.



<h2>Couchbase (BASE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/small-cap-stock-winner-300x169.jpg" alt="a tiny man with boxing gloves standing next to the feet of a giant man whom he presumably knocked out"><div>Source: Shutterstock</div></div>Conducting business in the software infrastructure arena, Couchbase (NASDAQ:<a href="https://investorplace.com/stock-quotes/base-stock-quote/">BASE</a>) provides a cloud database platform for enterprise applications in the U.S. and internationally. <a href="https://finance.yahoo.com/quote/BASE/profile">According to its corporate profile</a>, the company&rsquo;s database works in multiple configurations, ranging from cloud to multi- or hybrid-cloud to on-premise environments to the edge. With so many enterprises migrating to the cloud, BASE stock could be an intriguing upside idea.



Another reason to consider BASE as one of the top small-cap stocks is the underlying financial performance. Last fiscal year, the company&rsquo;s average quarterly surprise came out to 37.75%. Its best print was Q4, where Couchbase delivered a loss of six cents per share, better than the projected loss of 14 cents.



For the current fiscal year (2025), experts are looking for sales of $205.63 million. If so, we&rsquo;re talking about growth of 14.2% from 2023&rsquo;s tally of $180.04 million. And in fiscal 2026, they anticipate a top line of $241.3 million, implying 17.3% year-over-year growth. If you&rsquo;re into high potential small-cap stocks, BASE should be on your radar.



<h2>Ligand Pharmaceuticals (LGND)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/small-cap-stocks-small-man-300x169.jpg" alt="huge person next to tiny person to represent mega-cap stocks"><div>Source: Shutterstock</div></div>Operating under the healthcare umbrella, Ligand Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/lgnd-stock-quote/">LGND</a>) focuses on biotechnology. <a href="https://finance.yahoo.com/quote/LGND/profile">Per its corporate profile</a>, Ligand engages in the development and licensing of biopharmaceutical assets worldwide. Its commercial programs include Kyprolis and Evomela, which are used to treat multiple myeloma and Rylaze, a therapeutic for acute lymphoblastic leukemia.



It&rsquo;s easy to support biotechs like LGND stock thanks to their lifesaving potential. However, the space is also volatile and unpredictable. For Ligand, its shares have only gained about 8% so far this year. Over the past 52 weeks, it has gained less than 7%. That just goes to show you how wild the price action has been.



Nevertheless, investors will likely appreciate the underlying financial performance. In fiscal 2023, the company&rsquo;s average positive earnings surprise came out to 113.6%. Its best print was Q1, when it posted EPS of $2.28 against an expected target of 89 cents.



For fiscal 2024, experts are looking for modest growth to $137.68 million. That&rsquo;s up 4.8% from last year. However, analysts also rate shares a <a href="https://www.tipranks.com/stocks/lgnd/forecast">unanimous strong buy</a> with a $116.33 price target, implying over 49% growth.



On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2023/10/no-1-ai-investment-might-be-this-company-youve-never-heard-of/?cid=MKT764787&amp;eid=MKT771245">The #1 AI Investment Might Be This Company You&rsquo;ve Never Heard Of</a>
					</li>
																<li>
						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT771236">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
					</li>
																<li>
						<a href="https://investorplace.com/2021/01/one-percenter-issues-urgent-warning/?cid=MKT499868&amp;eid=MKT793997">It doesn&rsquo;t matter if you have $500 or $5 million. Do this now.</a>
					</li>
									</ul><div>
			<div></div>
						<div></div>
					</div>
	
The post <a href="https://investorplace.com/2024/04/7-small-cap-stocks-for-the-thinking-speculator/">7 Small-Cap Stocks for the Thinking Speculator</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

7 Small-Cap Stocks for the Thinking Speculator

Portfolio Review: The Cat, The Tortoise And Me

During the first week of April 6 of the 10 stocks in the Index declined with the Index down 20.5% YTD. The decline broadened this past week with all 10 constituents declining with the Index now down 27.7% YTD.

-

-

-

-

-

-

-

25% Off Benzinga's Most Powerful Trading Tools

-

-

-

-

-

-

-

Applied Optoelectronics Stock (NASDAQ:AAOI), Trade Ideas