Applied Optoelectronics, Inc. (AAOI)Technology | Communication Equipment | Sugar Land, United States | NasdaqGM
100.68 USD
-8.96
(-8.172%) ⇩
(Oct. 12, 2026, 4 p.m.
EDT)
After hours: 99.09 -1.59 (-1.595%) ⇩ (Oct. 12, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 9:50 a.m. EDT
Applied Optoelectronics presents a stark dichotomy: the stock has rallied dramatically from its 2025 anchor levels, yet the underlying business continues to bleed cash with negative operating and free cash flows. While the balance sheet remains fortified with net cash and low debt, the lack of profitability and the high beta create significant uncertainty for a long-term hold. Short-term traders are aggressively positioning for further upside near current levels, evidenced by heavy call volume at the money, but the elevated implied volatility suggests the market is bracing for a volatile correction. Without a return to profitability, the current valuation remains speculative. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.115253 |
| AutoETS | 0.117887 |
| AutoTheta | 0.203592 |
| AutoARIMA | 0.320791 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 0.32 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.890 |
| Excess Kurtosis | 0.27 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 17.994 |
| Revenue per Share | 8.179 |
| Market Cap | 8,548,365,312 |
| Forward P/E | 21.88 |
| Beta | 3.84 |
| Profit Margins | -9.57% |
| Website | https://www.ao-inc.com |
As of Oct. 10, 2026, 9:50 a.m. EDT: Speculators are positioning for continued volatility with heavy call volume concentrated at strikes near the current price, indicating a bullish bias for the immediate week. However, put volume remains substantial at lower strikes, creating a defensive floor. Implied volatility is elevated across expirations, reflecting uncertainty about whether the recent price surge can sustain itself against the backdrop of weak fundamentals.
| Attribute | Value |
|---|---|
| 52 Week Change | 2.5351124 |
| Address1 | 13,139 Jess Pirtle Boulevard |
| All Time High | 233.67 |
| All Time Low | 1.48 |
| Ask | 154.24 |
| Ask Size | 2 |
| Audit Risk | 9 |
| Average Analyst Rating | 2.3 - Buy |
| Average Daily Volume10 Day | 11,296,560 |
| Average Daily Volume3 Month | 9,811,768 |
| Average Volume | 9,811,768 |
| Average Volume10Days | 11,296,560 |
| Beta | 3.843 |
| Bid | 106.36 |
| Bid Size | 2 |
| Board Risk | 7 |
| Book Value | 19.767 |
| 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 | 100.68 |
| Current Ratio | 2.777 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 106.41 |
| Day Low | 99.217 |
| Debt To Equity | 17.994 |
| Display Name | Applied Optoelectronics |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,786,046,400 |
| Earnings Call Timestamp Start | 1,786,046,400 |
| Earnings Timestamp | 1,786,046,400 |
| Earnings Timestamp End | 1,793,908,800 |
| Earnings Timestamp Start | 1,793,908,800 |
| Ebitda | -32,106,000 |
| Ebitda Margins | -0.05387 |
| Enterprise To Ebitda | -258.981 |
| Enterprise To Revenue | 13.952 |
| Enterprise Value | 8,314,833,920 |
| Eps Current Year | 0.68 |
| Eps Forward | 4.602 |
| Eps Trailing Twelve Months | -0.82 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 114.0174 |
| Fifty Day Average Change | -13.337402 |
| Fifty Day Average Change Percent | -0.1169769 |
| Fifty Two Week Change Percent | 253.51123 |
| Fifty Two Week High | 233.67 |
| Fifty Two Week High Change | -132.98999 |
| Fifty Two Week High Change Percent | -0.5691359 |
| Fifty Two Week Low | 18.5 |
| Fifty Two Week Low Change | 82.18 |
| Fifty Two Week Low Change Percent | 4.442162 |
| Fifty Two Week Range | 18.5 - 233.67 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,380,202,200,000 |
| Float Shares | 80,850,728 |
| Forward Eps | 4.602 |
| Forward P E | 21.877443 |
| Free Cashflow | -887,050,112 |
| Full Exchange Name | NasdaqGM |
| Full Time Employees | 4,691 |
| Fullday Change | -10.554802 |
| Fullday Change Percent | -9.6267805 |
| Fullday Price | 100.68 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.28916 |
| Gross Profits | 172,330,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.097720005 |
| Held Percent Institutions | 0.63541 |
| Implied Shares Outstanding | 84,906,289 |
| 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 | 8,548,365,312 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1043391 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -57,020,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 8,582,327,692 |
| Number Of Analyst Opinions | 5 |
| Open | 106.122 |
| Operating Cashflow | -131,820,000 |
| Operating Margins | -0.12884 |
| Overall Risk | 6 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.78 |
| Phone | 281 295 1800 |
| Post Market Change | -1.5948029 |
| Post Market Change Percent | -1.5840315 |
| Post Market Price | 99.0852 |
| Post Market Time | 1,791,849,590 |
| Previous Close | 109.64 |
| Price Eps Current Year | 148.05882 |
| Price Hint | 2 |
| Price To Book | 5.0933375 |
| Price To Sales Trailing12 Months | 14.343617 |
| Profit Margins | -0.09568 |
| Quick Ratio | 1.899 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.33333 |
| Region | US |
| Regular Market Change | -8.96 |
| Regular Market Change Percent | -8.1722 |
| Regular Market Day High | 106.41 |
| Regular Market Day Low | 99.217 |
| Regular Market Day Range | 99.217 - 106.41 |
| Regular Market Open | 106.122 |
| Regular Market Previous Close | 109.64 |
| Regular Market Price | 100.68 |
| Regular Market Time | 1,791,835,201 |
| Regular Market Volume | 10,919,897 |
| Return On Assets | -0.0272 |
| Return On Equity | -0.05449 |
| Revenue Growth | 0.864 |
| Revenue Per Share | 8.179 |
| Sand P52 Week Change | 0.17318833 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 84,906,289 |
| Shares Percent Shares Out | 0.1634 |
| Shares Short | 13,870,138 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 12,086,618 |
| Short Name | Applied Optoelectronics, Inc. |
| Short Percent Of Float | 0.1692 |
| Short Ratio | 2.07 |
| Source Interval | 15 |
| State | TX |
| Symbol | AAOI |
| Target High Price | 220.0 |
| Target Low Price | 109.0 |
| Target Mean Price | 163.4 |
| Target Median Price | 178.0 |
| Total Cash | 499,736,992 |
| Total Cash Per Share | 5.909 |
| Total Debt | 300,140,000 |
| Total Revenue | 595,969,984 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.82 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 111.26118 |
| Two Hundred Day Average Change | -10.581177 |
| Two Hundred Day Average Change Percent | -0.095102146 |
| Type Disp | Equity |
| Volume | 10,919,897 |
| Website | https://www.ao-inc.com |
| Zip | 77,478 |