Aehr Test Systems, Inc. (AEHR)Technology | Semiconductor Equipment & Materials | Fremont, United States | NasdaqCM
80.81 USD
-9.65
(-10.668%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 81.30 +0.49 (0.606%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 3:44 a.m. EDT
The immediate outlook is driven by a powerful momentum shift. After a brutal correction from 2024 highs, the stock has staged a remarkable recovery, surging nearly 900% over the last nine years and hitting fresh 52-week highs recently. This rebound is supported by improving fundamentals, including record quarterly bookings and a robust backlog, which have restored investor confidence in the semiconductor test equipment niche. However, the valuation remains precarious; trading at over 66 times sales with negative earnings and a forward P/E near 74 suggests the market is pricing in perfection. While the technical setup and options flow point to further upside in the near term, the lack of profitability and extreme valuation multiples mean any miss in execution could trigger another sharp decline. For now, the trend is clearly up, but the margin for error is slim. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.179552 |
| AutoARIMA | 0.179553 |
| MSTL | 0.181232 |
| AutoTheta | 0.182007 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 0.51 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.454 |
| Excess Kurtosis | -0.55 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 4.502 |
| Revenue per Share | 1.63 |
| Market Cap | 2,636,058,368 |
| Forward P/E | 58.42 |
| Beta | 3.09 |
| Profit Margins | -14.25% |
| Previous Name | Aehr Test Systems |
| Website | https://www.aehr.com |
As of Aug. 22, 2026, 3:44 a.m. EDT: Speculators are aggressively positioning for a continued rally, evidenced by massive open interest walls at strikes significantly above the current price (130, 141, 150, 175, 200). Call volume spikes indicate active buying of upside exposure, while put activity remains concentrated at lower strikes, suggesting a floor rather than a ceiling. Implied volatility is elevated, reflecting uncertainty around the recent surge.
| Attribute | Value |
|---|---|
| 52 Week Change | 2.2479904 |
| Address1 | 400 Kato Terrace |
| All Time High | 147.4 |
| All Time Low | 0.4 |
| Ask | 80.93 |
| Ask Size | 1 |
| Audit Risk | 5 |
| Average Daily Volume10 Day | 2,190,480 |
| Average Daily Volume3 Month | 2,483,173 |
| Average Volume | 2,483,173 |
| Average Volume10Days | 2,190,480 |
| Beta | 3.087 |
| Bid | 79.39 |
| Bid Size | 1 |
| Board Risk | 7 |
| Book Value | 6.758 |
| City | Fremont |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 7 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 80.81 |
| Current Ratio | 10.33 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 88.77 |
| Day Low | 80.52 |
| Debt To Equity | 4.502 |
| Earnings Call Timestamp End | 1,784,059,200 |
| Earnings Call Timestamp Start | 1,784,059,200 |
| Earnings Timestamp | 1,784,059,200 |
| Earnings Timestamp End | 1,791,489,600 |
| Earnings Timestamp Start | 1,791,489,600 |
| Ebitda | -11,344,000 |
| Ebitda Margins | -0.22688 |
| Enterprise To Ebitda | -222.989 |
| Enterprise To Revenue | 50.591 |
| Enterprise Value | 2,529,582,592 |
| Eps Current Year | 0.75 |
| Eps Forward | 1.38333 |
| Eps Trailing Twelve Months | -0.23 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 510 623 9450 |
| Fifty Day Average | 93.3508 |
| Fifty Day Average Change | -12.540802 |
| Fifty Day Average Change Percent | -0.1343406 |
| Fifty Two Week Change Percent | 224.79904 |
| Fifty Two Week High | 147.4 |
| Fifty Two Week High Change | -66.59 |
| Fifty Two Week High Change Percent | -0.4517639 |
| Fifty Two Week Low | 18.7 |
| Fifty Two Week Low Change | 62.109997 |
| Fifty Two Week Low Change Percent | 3.3213902 |
| Fifty Two Week Range | 18.7 - 147.4 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 871,651,800,000 |
| Float Shares | 31,272,573 |
| Forward Eps | 1.38333 |
| Forward P E | 58.417007 |
| Free Cashflow | -1,955,375 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 138 |
| Fullday Change | -9.65 |
| Fullday Change Percent | -10.6677 |
| Fullday Price | 81.3 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.35301 |
| Gross Profits | 17,651,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.04502 |
| Held Percent Institutions | 0.75521004 |
| Implied Shares Outstanding | 32,620,450 |
| Industry | Semiconductor Equipment & Materials |
| Industry Disp | Semiconductor Equipment & Materials |
| Industry Key | semiconductor-equipment-materials |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,780,012,800 |
| Long Business Summary | Aehr Test Systems, Inc. provides test solutions for testing, burn-in, and semiconductor devices at wafer level, singulated die, and package level in the United States, Asia, Europe, and the Middle East. The company offers FOX-XP and FOX-NP systems, which are full wafer contact and singulated die/module test and burn-in systems that test, burn-in, and stabilize a range of devices, including silicon carbide-based (SIC) and gallium nitride (GAN) power semiconductors; 2D and 3D sensors used in mobile phones, tablets, and other computing devices; memory semiconductors; processors; microcontrollers; systems-on-a-chip; and photonics and integrated optical devices used in AI. It also provides the FOX-CP system, a single-wafer compact test solution for logic, memory, and photonic devices; and the FOX WaferPak Contactor, a full wafer contactor capable of testing wafers up to 300mm that enables integrated circuit manufacturers to perform test, burn-in, and stabilization of full wafers on the FOX-P systems. In addition, the company offers the FOX DiePak Carrier, which allows testing, burn-in, and stabilization of singulated bare die and modules; FOX WaferPak Aligner; and FOX DiePak Loader. Further, it provides system installation and repair, applications engineering support, spare parts inventories, customer training, and documentation services. The company sells its products in the United States, Germany, Japan, the Philippines, and Taiwan through distributors and sales representatives. It serves semiconductor manufacturers, semiconductor contract assemblies, electronics manufacturers, and burn-in and test service companies. Aehr Test Systems, Inc. was incorporated in 1977 and is headquartered in Fremont, California. |
| Long Name | Aehr Test Systems, Inc. |
| Market | us_market |
| Market Cap | 2,636,058,368 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_24413 |
| Most Recent Quarter | 1,780,012,800 |
| Name Change Date | 2,026-08-29 |
| Net Income To Common | -7,126,000 |
| Next Fiscal Year End | 1,811,548,800 |
| Non Diluted Market Cap | 2,950,845,907 |
| Number Of Analyst Opinions | 4 |
| Open | 88.0008 |
| Operating Cashflow | -3,310,000 |
| Operating Margins | -0.06403 |
| Overall Risk | 4 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.9 |
| Phone | 510 623 9400 |
| Post Market Change | 0.4900055 |
| Post Market Change Percent | 0.6063674 |
| Post Market Price | 81.3 |
| Post Market Time | 1,787,961,570 |
| Prev Name | Aehr Test Systems |
| Previous Close | 90.46 |
| Price Eps Current Year | 107.746666 |
| Price Hint | 2 |
| Price To Book | 11.95768 |
| Price To Sales Trailing12 Months | 52.72011 |
| Profit Margins | -0.14252 |
| Quick Ratio | 7.602 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -9.65 |
| Regular Market Change Percent | -10.6677 |
| Regular Market Day High | 88.77 |
| Regular Market Day Low | 80.52 |
| Regular Market Day Range | 80.52 - 88.77 |
| Regular Market Open | 88.0008 |
| Regular Market Previous Close | 90.46 |
| Regular Market Price | 80.81 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 2,275,499 |
| Return On Assets | -0.04473 |
| Return On Equity | -0.04163 |
| Revenue Growth | 0.337 |
| Revenue Per Share | 1.63 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 1 |
| Shares Outstanding | 32,620,450 |
| Shares Percent Shares Out | 0.1331 |
| Shares Short | 4,342,530 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 4,811,203 |
| Short Name | Aehr Test Systems |
| Short Percent Of Float | 0.14029999 |
| Short Ratio | 1.27 |
| Source Interval | 15 |
| State | CA |
| Symbol | AEHR |
| Target High Price | 175.0 |
| Target Low Price | 110.0 |
| Target Mean Price | 130.0 |
| Target Median Price | 117.5 |
| Total Cash | 116,358,000 |
| Total Cash Per Share | 3.567 |
| Total Debt | 9,882,000 |
| Total Revenue | 50,001,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.23 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 61.28095 |
| Two Hundred Day Average Change | 19.529049 |
| Two Hundred Day Average Change Percent | 0.31868058 |
| Type Disp | Equity |
| Volume | 2,275,499 |
| Website | https://www.aehr.com |
| Zip | 94,539 |