Analysts have clear opinions on AAOI.
There are 6 analysts on the Wall offering 12 month price targets for Applied Optoelectronics in the last 3 months. The average price target is $9.92 with a high forecast of $13.00 and a low forecast of $6.50. The average price target represents a -36.41% decrease from the last price of $15.60.
Applied Optoelectronics, Inc. (AAOI) is followed by 6 analysts on the street.
Dave Kang from B.Riley FBR rates it a Hold with a target of $9.10.
Similarly, 2 months ago Alex Henderson of Needham Reiterated a Hold with a target of —.
The consensus on the street is Hold.
What does Applied Optoelectronics, Inc.(AAOI) do ?
Applied Optoelectronics, Inc. engages in the design and manufacture of optical communications products. Its products include optical devices, such as laser diodes, photodiodes, related modules and circuitry, and equipment for applications in fiber-to-the-home, cable television, point to point communications and wireless. The company was founded by Chih Hsiang Lin on February 28, 1997 and is headquartered in Sugar Land, TX.
Applied Optoelectronics, Inc. (AAOI) Insider Trades
Multiple company employees have indulged in significant insider trading. Applied Optoelectronics, Inc. disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
CFO, Murry Stefan J. : S – Sale(-$67,174) of AAOI in the trading session of 2019-12-13.
CFO Murry Stefan J. : S – Sale(-$62,440) of AAOI in the trading session of 2019-10-11.
CFO Murry Stefan J. : S – Sale(-$17,370) of Applied Optoelectronics, Inc. in the trading session of 2019-02-01.
Looking for stocks just like AAOI?
Based on Wall Street analyst research, several stocks are similar to AAOI
– EMKR [Info can be found here: https://www.nasdaq.com/market-activity/stocks/EMKR ]
– LITE [Info can be found here: https://www.nasdaq.com/market-activity/stocks/LITE ]
– NPTN [Info can be found here: https://www.nasdaq.com/market-activity/stocks/NPTN ]