Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Applied Optoelectronics Inc has a consensus price target of $15.5 based on the ratings of 6 analysts. The high is $27.5 issued by Rosenblatt on November 8, 2024. The low is $2.5 issued by Craig-Hallum on February 25, 2022. The 3 most-recent analyst ratings were released by Rosenblatt, Northland Capital Markets, and Raymond James on November 8, 2024, respectively. With an average price target of $25.17 between Rosenblatt, Northland Capital Markets, and Raymond James, there's an implied -30.75% downside for Applied Optoelectronics Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Applied Optoelectronics (NASDAQ:AAOI) was reported by Rosenblatt on November 8, 2024. The analyst firm set a price target for $27.50 expecting AAOI to fall to within 12 months (a possible -24.33% downside). 14 analyst firms have reported ratings in the last year.
The latest analyst rating for Applied Optoelectronics (NASDAQ:AAOI) was provided by Rosenblatt, and Applied Optoelectronics maintained their buy rating.
The last upgrade for Applied Optoelectronics Inc happened on September 3, 2024 when Raymond James raised their price target to $17. Raymond James previously had a market perform for Applied Optoelectronics Inc.
The last downgrade for Applied Optoelectronics Inc happened on February 23, 2024 when B. Riley Securities changed their price target from $22 to $16 for Applied Optoelectronics Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Applied Optoelectronics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Applied Optoelectronics was filed on November 8, 2024 so you should expect the next rating to be made available sometime around November 8, 2025.
While ratings are subjective and will change, the latest Applied Optoelectronics (AAOI) rating was a maintained with a price target of $20.00 to $27.50. The current price Applied Optoelectronics (AAOI) is trading at is $36.34, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.