Applied Optoelectronics, Inc. (AAOI)Technology | Communication Equipment | Sugar Land, United States | NasdaqGM
111.88 USD
-8.04
(-6.704%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 109.78 -2.10 (-2.097%) ⇩ (July 13, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 5:44 a.m. EDT
Applied Optoelectronics is a high-volatility growth story currently navigating a painful transition from expansion to profitability. The company is burning cash, with negative free cash flow and operating margins, yet it is expanding revenue at an explosive 51% annual rate. This suggests a capital-intensive scaling phase common in semiconductor equipment, where growth precedes earnings. The balance sheet is a surprising strength for a loss-maker, sitting on a net cash position that cushions the downside risk during this volatile period. Technically, the stock has corrected sharply from its highs, trading well below the 50-day moving average but holding above the 200-day average, indicating a potential consolidation floor rather than a collapse. The options market confirms this tension: traders are buying deep OTM calls, betting on a sharp reversal, while implied volatility remains sky-high. For the long term, the negative earnings and high valuation prevent a top-tier rating, but the revenue trajectory and cash buffer justify a solid buy for growth-oriented investors. For the short term, the bullish options flow combined with the 200-day support suggests a high-probability bounce, though the 50-day resistance looms as a hurdle. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.190633 |
| AutoTheta | 0.205797 |
| AutoETS | 0.219601 |
| AutoARIMA | 0.219607 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 32% |
| H-stat | 0.32 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.594 |
| Excess Kurtosis | 0.07 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 25.356 |
| Revenue per Share | 7.605 |
| Market Cap | 8,977,560,576 |
| Forward P/E | 23.45 |
| Beta | 3.69 |
| Profit Margins | -8.55% |
| Website | https://www.ao-inc.com |
As of July 11, 2026, 5:44 a.m. EDT: Speculators are aggressively positioning for upside, evidenced by heavy Out-of-the-Money (OTM) call Open Interest across nearly all expiration dates, significantly outweighing In-the-Money (ITM) positions. Implied Volatility is elevated (over 100% ATM IV for near-term expirations), signaling expectations of a sharp price swing. While put positioning exists, call dominance suggests a bullish bias among traders betting on a rebound from the recent pullback.
| Attribute | Value |
|---|---|
| 52 Week Change | 3.065774 |
| Address1 | 13,139 Jess Pirtle Boulevard |
| All Time High | 233.67 |
| All Time Low | 1.48 |
| Ask | 119.12 |
| Ask Size | 2 |
| Audit Risk | 9 |
| Average Daily Volume10 Day | 10,007,640 |
| Average Daily Volume3 Month | 12,015,878 |
| Average Volume | 12,015,878 |
| Average Volume10Days | 10,007,640 |
| Beta | 3.687 |
| Bid | 104.66 |
| Bid Size | 2 |
| Board Risk | 7 |
| Book Value | 14.005 |
| City | Sugar Land |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 3 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 111.88 |
| Current Ratio | 3.826 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 117.5914 |
| Day Low | 109.21 |
| Debt To Equity | 25.356 |
| Display Name | Applied Optoelectronics |
| Earnings Call Timestamp End | 1,778,185,800 |
| Earnings Call Timestamp Start | 1,778,185,800 |
| Earnings Timestamp | 1,778,184,000 |
| Earnings Timestamp End | 1,786,046,400 |
| Earnings Timestamp Start | 1,786,046,400 |
| Ebitda | -27,456,000 |
| Ebitda Margins | -0.05415 |
| Enterprise To Ebitda | -344.676 |
| Enterprise To Revenue | 18.666 |
| Enterprise Value | 9,463,429,120 |
| Eps Current Year | 0.88833 |
| Eps Forward | 4.772 |
| Eps Trailing Twelve Months | -0.65 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 165.8994 |
| Fifty Day Average Change | -54.0194 |
| Fifty Day Average Change Percent | -0.3256154 |
| Fifty Two Week Change Percent | 306.5774 |
| Fifty Two Week High | 233.67 |
| Fifty Two Week High Change | -121.79 |
| Fifty Two Week High Change Percent | -0.5212051 |
| Fifty Two Week Low | 18.5 |
| Fifty Two Week Low Change | 93.38 |
| Fifty Two Week Low Change Percent | 5.0475674 |
| Fifty Two Week Range | 18.5 - 233.67 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,380,202,200,000 |
| Float Shares | 76,258,714 |
| Forward Eps | 4.772 |
| Forward P E | 23.445097 |
| Free Cashflow | -445,583,264 |
| Full Exchange Name | NasdaqGM |
| Full Time Employees | 4,691 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.29642 |
| Gross Profits | 150,284,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.109 |
| Held Percent Institutions | 0.68766 |
| Implied Shares Outstanding | 80,242,767 |
| Industry | Communication Equipment |
| Industry Disp | Communication Equipment |
| Industry Key | communication-equipment |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Applied Optoelectronics, Inc. engages in the design, manufacture, and sale of fiber-optic networking products in the United States, Taiwan, and China. The company offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, and distribution equipment, as well as amplifiers. It sells its products to internet data center operators, cable television, telecom equipment manufacturers, fiber-to-the-home, and internet service providers through its direct and indirect sales channels. Applied Optoelectronics, Inc. was incorporated in 1997 and is headquartered in Sugar Land, Texas. |
| Long Name | Applied Optoelectronics, Inc. |
| Market | us_market |
| Market Cap | 8,977,560,576 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1043391 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -43,337,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 9,622,712,618 |
| Number Of Analyst Opinions | 5 |
| Open | 115.702 |
| Operating Cashflow | -208,866,000 |
| Operating Margins | -0.08595 |
| Overall Risk | 6 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.78 |
| Phone | 281 295 1800 |
| Post Market Change | -2.0972977 |
| Post Market Change Percent | -1.8745958 |
| Post Market Price | 109.7827 |
| Post Market Time | 1,783,987,195 |
| Previous Close | 119.92 |
| Price Eps Current Year | 125.94418 |
| Price Hint | 2 |
| Price To Book | 7.9885755 |
| Price To Sales Trailing12 Months | 17.70722 |
| Profit Margins | -0.085480005 |
| Quick Ratio | 2.847 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -8.04 |
| Regular Market Change Percent | -6.70447 |
| Regular Market Day High | 117.5914 |
| Regular Market Day Low | 109.21 |
| Regular Market Day Range | 109.21 - 117.5914 |
| Regular Market Open | 115.702 |
| Regular Market Previous Close | 119.92 |
| Regular Market Price | 111.88 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 6,565,701 |
| Return On Assets | -0.03317 |
| Return On Equity | -0.06126 |
| Revenue Growth | 0.514 |
| Revenue Per Share | 7.605 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 80,242,767 |
| Shares Percent Shares Out | 0.134 |
| Shares Short | 10,756,408 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 10,036,132 |
| Short Name | Applied Optoelectronics, Inc. |
| Short Percent Of Float | 0.1392 |
| Short Ratio | 0.74 |
| Source Interval | 15 |
| State | TX |
| Symbol | AAOI |
| Target High Price | 220.0 |
| Target Low Price | 57.5 |
| Target Mean Price | 151.3 |
| Target Median Price | 160.0 |
| Total Cash | 439,704,992 |
| Total Cash Per Share | 5.48 |
| Total Debt | 280,422,016 |
| Total Revenue | 507,000,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.65 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 84.470924 |
| Two Hundred Day Average Change | 27.409073 |
| Two Hundred Day Average Change Percent | 0.32447937 |
| Type Disp | Equity |
| Volume | 6,565,701 |
| Website | https://www.ao-inc.com |
| Zip | 77,478 |