|Bid||43.050 x 1200|
|Ask||43.140 x 1200|
|Day's range||42.440 - 45.400|
|52-week range||22.540 - 103.410|
|PE ratio (TTM)||15.45|
|Earnings date||21 Feb 2018 - 26 Feb 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||37.29|
DA Davidson analyst Mark Kelleher reiterated his bullish view on shares of Applied Optoelectronics Inc. on Wednesday, following management meetings. "We believe AAOI is moving into a significant growth phase over the next several years across multiple products and industries," Kelleher wrote. "AAOI counts Facebook , Amazon , and Microsoft as customers, but still has not penetrated Alphabet .
The maker of optical networking components and modules surged thanks to two constructive analyst notes near the end of May.
Ryan McQueeney recaps an action-packed weekend at the G-7 conference and prepares investors for what is to come this week as President Trump gears up to meet North Korean leader Kim Jung Un. Later, he discusses the near-term outlook for Applied Optoelectronics (AAOI).
An analyst left the optical networking specialist's investor presentation convinced that AOI is returning to higher shipping volumes in the second half of 2018.
The issues weighing on fiber optic networking stocks are many and varied, but they all seem to be of the short-lived variety.
An analyst returned home from China with a positive view of how the local networking market is shaping up. AOI investors embraced that nugget of news with a 21% three-day stock gain.
Shares of Applied Optoelectronics Inc. are down 8.1% in premarket trading after the company reported weaker-than-expected earnings and revenue for its March quarter. "The light quarter was blamed on staff turn-over in China," wrote Raymond James analyst Simon Leopold, who kept his strong buy rating on the stock and raised his price target to $51 from $50. Needham's Alex Henderson also defended his strong buy rating, writing that "normalizing data comm inventory is encouraging." He has a $40 price target on the stock.
On a per-share basis, the Sugar Land, Texas-based company said it had profit of 11 cents. Earnings, adjusted for one-time gains and costs, were 28 cents per share. The results did not meet Wall Street ...
Applied Optoelectronics, Inc. (AAOI) just released its latest quarterly financial results, posting non-GAAP earnings of $0.28 per share and revenues of $65.2 million.
One hand-picked buyout in an industry craving some sunlight triggered some roller-coaster action among the acquisition target's peers.
One analyst found strong data center demand for high-speed networking tools on a trip to Asia, spelling good news for this maker of optical modules and components.
Shares of Applied Optoelectronics (AAOI) soared more than 10% in early morning trading Wednesday after analysts from Rosenblatt Securities said the company has regained market share at key clients thanks to weakness from competitors.
Shares of fiber-optic component maker Applied Optoelectronics (AAOI) are up $2.54, or almost 10%, at $27.97, after Rosenblatt Securities’ Jun Zhang this morning wrote that the company will see a rebound this quarter as it gains share of component sales at Facebook (FB) and Amazon.com (AMZN). Given these factors, we believe AAOI could take share at Amazon as well as H3C in Q2.
Shares of Applied Optoelectronics (AAOI) surged about 2.3% in late afternoon trading Tuesday--a rare sign of life for a stock that has been battered over the past several months.
The fiber-optic networking tools expert is going through the painful downturn in a cyclical business. You know what comes next, right?