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Applied Optoelectronics, Inc. (AAOI)

Technology | Communication Equipment | Sugar Land, United States | NasdaqGM
163.47 USD +163.47 (2.540%) ⇧ (April 20, 2026, 4 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 6:29 p.m. EDT

This is a high-risk, high-delta momentum play. The short-term thesis suggests a 'golden cross' of momentum and technicals is forming, but the long-term thesis is a weak buy due to persistent free cash flow burn and unsustainable valuations. For a trade, the high open interest at $160/$180 suggests a volatility crush near those highs, but current stats favor trading through resistance as the narrative of massive AI capacity expansion continues to drive price discovery.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.606678
MSTL0.745555
AutoARIMA0.750776
AutoETS0.750783

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 41%
H-stat 28.15
Ljung-Box p 0.000
Jarque-Bera p 0.110
Excess Kurtosis -1.45
Attribute Value
Sector Technology
Debt to Equity Ratio 33.802
Revenue per Share 7.572
Market Cap 12,697,552,896
Forward P/E 51.12
Beta 3.22
Profit Margins -8.39%
Website https://www.ao-inc.com

As of April 19, 2026, 6:29 p.m. EDT: Speculators exhibit significant long-biased positioning, betting on breakouts to overcome heavy OI walls at $160 and $180 (Calls). Put activity remains elevated but is concentrated in deep strikes (>0% or low single digits moneyness), while ATM Put volume spiked recently. 52-Week high signals are clustering, suggesting a 'sell the news' retest of the median target (~$72-$90) before another move higher is probable.


Info Dump

Attribute Value
52 Week Change 13.928767
Address1 13,139 Jess Pirtle Boulevard
All Time High 163.59
All Time Low 1.48
Ask 163.91
Ask Size 19
Audit Risk 10
Average Analyst Rating 2.3 - Buy
Average Daily Volume10 Day 12,364,940
Average Daily Volume3 Month 10,317,062
Average Volume 10,317,062
Average Volume10Days 12,364,940
Beta 3.216
Bid 162.98
Bid Size 5
Board Risk 6
Book Value 9.786
City Sugar Land
Compensation As Of Epoch Date 1,735,603,200
Compensation Risk 3
Country United States
Crypto Tradeable 0
Currency USD
Current Price 163.47
Current Ratio 2.626
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 163.59
Day Low 151.65
Debt To Equity 33.802
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 1,778,184,000
Earnings Timestamp Start 1,778,184,000
Ebitda -26,906,000
Ebitda Margins -0.05904
Enterprise To Ebitda -458.437
Enterprise To Revenue 27.067
Enterprise Value 12,334,692,352
Eps Current Year 0.815
Eps Forward 3.1975
Eps Trailing Twelve Months -0.64
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 94.6298
Fifty Day Average Change 68.8402
Fifty Day Average Change Percent 0.72746855
Fifty Two Week Change Percent 1,392.8767
Fifty Two Week High 163.59
Fifty Two Week High Change -0.11999512
Fifty Two Week High Change Percent -0.00073351135
Fifty Two Week Low 10.18
Fifty Two Week Low Change 153.29001
Fifty Two Week Low Change Percent 15.057957
Fifty Two Week Range 10.18 - 163.59
Financial Currency USD
First Trade Date Milliseconds 1,380,202,200,000
Float Shares 72,362,318
Forward Eps 3.1975
Forward P E 51.124317
Free Cashflow -383,898,880
Full Exchange Name NasdaqGM
Full Time Employees 4,691
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.30044
Gross Profits 136,912,992
Has Pre Post Market Data 1
Held Percent Insiders 0.04079
Held Percent Institutions 0.7125
Implied Shares Outstanding 77,675,125
Industry Communication Equipment
Industry Disp Communication Equipment
Industry Key communication-equipment
Is Earnings Date Estimate 0
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 12,697,552,896
Market State PRE
Max Age 86,400
Message Board Id finmb_1043391
Most Recent Quarter 1,767,139,200
Net Income To Common -38,228,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 12,697,552,520
Number Of Analyst Opinions 5
Open 159.99
Operating Cashflow -174,428,000
Operating Margins -0.08565
Overall Risk 6
Payout Ratio 0.0
Peg Ratio 0.78
Phone 281 295 1800
Pre Market Change 3.5014954
Pre Market Change Percent 2.1419804
Pre Market Price 166.9715
Pre Market Time 1,776,759,186
Previous Close 0.0
Price Eps Current Year 200.57669
Price Hint 2
Price To Book 16.704475
Price To Sales Trailing12 Months 27.862925
Profit Margins -0.08389
Quick Ratio 1.751
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.33333
Region US
Regular Market Change 163.47
Regular Market Change Percent 2.54046
Regular Market Day High 163.59
Regular Market Day Low 151.65
Regular Market Day Range 151.65 - 163.59
Regular Market Open 159.99
Regular Market Previous Close 0.0
Regular Market Price 163.47
Regular Market Time 1,776,715,201
Regular Market Volume 6,490,240
Return On Assets -0.03979
Return On Equity -0.079390004
Revenue Growth 0.339
Revenue Per Share 7.572
Sand P52 Week Change 0.34445214
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 8
Shares Outstanding 77,675,124
Shares Percent Shares Out 0.1182
Shares Short 9,181,438
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 10,560,298
Short Name Applied Optoelectronics, Inc.
Short Percent Of Float 0.12189999
Short Ratio 0.68
Source Interval 15
State TX
Symbol AAOI
Target High Price 140.0
Target Low Price 54.0
Target Mean Price 90.3
Target Median Price 72.5
Total Cash 206,140,000
Total Cash Per Share 2.741
Total Debt 248,082,000
Total Revenue 455,715,008
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield NaN
Trailing Eps -0.64
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 45.7086
Two Hundred Day Average Change 117.7614
Two Hundred Day Average Change Percent 2.5763512
Type Disp Equity
Volume 6,490,240
Website https://www.ao-inc.com
Zip 77,478