Applied Optoelectronics Inc (AAOI) stock price forecast predicts $17 value

A share price of Applied Optoelectronics Inc [AAOI] is currently trading at $33.97, up 5.79%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AAOI shares have gain 0.88% over the last week, with a monthly amount glided 24.34%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Applied Optoelectronics Inc [NASDAQ: AAOI] stock has seen the most recent analyst activity on December 10, 2024, when B. Riley Securities downgraded its rating to a Sell and also boosted its price target to $14 from $14. Previously, Raymond James upgraded its rating to Outperform on September 03, 2024, and kept the price target unchanged to $17. On February 23, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $16 on the stock. Rosenblatt started tracking the stock assigning a Buy rating and suggested a price target of $23 on January 30, 2024. B. Riley Securities reiterated its recommendation of a Buy and raised its price target to $22 on December 13, 2023. B. Riley Securities upgraded its rating to Buy for this stock on August 04, 2023, and upped its price target to $11.50. In a note dated February 25, 2022, Craig Hallum downgraded an Sell rating on this stock and revised its target price from $7 to $2.50.

Applied Optoelectronics Inc experienced fluctuations in its stock price throughout the past year between $6.70 and $44.50. Currently, Wall Street analysts expect the stock to reach $17 within the next 12 months. Applied Optoelectronics Inc [NASDAQ: AAOI] shares were valued at $33.97 at the most recent close of the market. An investor can expect a potential drop of -49.96% based on the average AAOI price forecast.

Analyzing the AAOI fundamentals

Trailing Twelve Months sales for Applied Optoelectronics Inc [NASDAQ:AAOI] were 209.55M which represents 4.16% growth. Gross Profit Margin for this corporation currently stands at 0.26% with Operating Profit Margin at -0.33%, Pretax Profit Margin comes in at -0.39%, and Net Profit Margin reading is -0.39%. To continue investigating profitability, this company’s Return on Assets is posted at -0.2, Equity is -0.4 and Total Capital is -0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.51.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 31.70 points at the first support level, and at 29.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.60, and for the 2nd resistance point, it is at 41.22.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Applied Optoelectronics Inc [NASDAQ:AAOI] is 1.61. Also, the Quick Ratio is 1.06, while the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 7.31, the price to book ratio is 7.18.

Transactions by insiders

Recent insider trading involved BLACK RICHARD B, Director, that happened on Dec 16 ’24 when 10000.0 shares were sold. Director, Yeh William H completed a deal on Dec 03 ’24 to buy 10000.0 shares. Meanwhile, Director Yeh William H sold 10000.0 shares on Dec 03 ’24.

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