33.25 -0.08 (-0.24%)
After hours: 5:55PM EST
|Bid||31.51 x 1000|
|Ask||32.18 x 500|
|Day's range||32.00 - 33.98|
|52-week range||28.56 - 103.41|
|PE ratio (TTM)||7.83|
|Earnings date||21 Feb 2018 - 26 Feb 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||46.65|
Simon Leopold, with Raymond James, who rates the stock a Strong Buy, writes today that he’s been receiving “a number of questions” in advance of that report. Leopold acknowledges “sentiment among optical stocks is negative,” with China still a worry, following reports by Applied’s peers, Lumentum (LITE) and Oclaro (OCLR). Leopold goes through the various pieces of data he’s gleaned, including from the supply chain, and sees little to worry him overly much from other vendors such as M/A Com (MTSI) and Fabrinet (FN): Several suppliers (e.g., Oclaro, MACOM) have commented on poor profitability in the intra-data center transceiver market.
Super-fast transceivers hold the key to the modern data center. That's where the high-volume order action is.
Applied Optoelectronics, Inc. (NASDAQ:AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, fiber-to-the-home (FTTH) and telecom markets, today announced that it will release financial results for its fourth quarter and year ended Dec. 31, 2017 on Wednesday, Feb. 21, 2018.
One giant customer lifted Applied Optoelectronics in the first half, but even that shining star joined Oclaro and Finisar in gloomy market trends later on.
Shares of Applied Optoelectronics (AAOI) were down more than 5% in morning trading Tuesday after an analyst note suggested that two of its largest customers could be taking their business to a key rival.
G-III Apparel Group, Applied Optoelectronics, Advanced Micro Devices, Intel and Microsoft highlighted as Zacks Bull and Bear of the Day
Fiber-optic component vendor Applied Optoelectronics (AAOI) is still struggling, according to a note today from BWS Financial’s Hamed Khorsdan, who has a Sell rating on the maker of data center and telecom parts. Khorsand had written over the summer that the company’s business in transceivers for 40-gigabit transmission was “eroding,” leaving the company in a difficult spot. CFO Stefan Murray rebutted what he called factual errors by Khorsand at the time.
Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Applied Optoelectronics, Inc. breached their fiduciary duties to shareholders.
These three stocks can match wits and returns with Ethereum or bitcoin, and you won't lose as much sleep over the investments along the way.
The maker of fiber-optic networking parts is up about 80% this year, but still down from the summer months.
The fiber optic hardware supplier delivered a solid Q3 report, followed by optimistic management views of the market's future.
Applied Optoelectronics said Tuesday that adjusted third-quarter earnings were $1.08 a share, up 184% from a year ago.
Aalok Devkota recommended Applied Optoelectronics (AAOI) 2 days ago at about $60. Today it is at $47 and change. What happened, and what is Aalok doing about it?