Advanced Energy Industries (NASDAQ:AEIS) Releases Quarterly Earnings Results

Advanced Energy Industries (NASDAQ:AEIS) released its earnings results on Monday. The electronics maker reported $2.09 EPS for the quarter, beating analysts’ consensus estimates of $1.96 by $0.13, FiscalAI reports. The firm had revenue of $511.00 million for the quarter, compared to analysts’ expectations of $505.81 million. Advanced Energy Industries had a return on equity of 15.72% and a net margin of 8.25%.The company’s quarterly revenue was up 26.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.23 earnings per share. Advanced Energy Industries updated its Q2 2026 guidance to 1.930-2.430 EPS.

Here are the key takeaways from Advanced Energy Industries’ conference call:

• Company reported a strong Q1 beat with $511M revenue (+26% YoY), a record data-center quarter, 40.1% gross margin, $98M operating income and EPS of $2.09 (up ~70% YoY).
• Management raised its 2026 outlook to low-to-mid 20% revenue growth overall and upgraded data-center growth to the mid-30% range, while expecting semiconductor demand to accelerate in H2.
• Adoption of new technologies (eVoS, eVerest, NavX and 800V solutions) and a growing design-win pipeline are expected to drive share gains, higher dollar content per rack and a path to >43% gross margin long term.
• The company is aggressively expanding capacity (Malaysia, Philippines, Mexico and an accelerated Thailand build to push total capacity > $3.5B), with 2026 CapEx guided to $170–180M and higher inventory/working capital causing a Q1 operating cash outflow (~$6M) and net cash of $131M.

Advanced Energy Industries Price Performance

Shares of NASDAQ:AEIS traded down $2.02 on Monday, hitting $387.03. 993,391 shares of the company’s stock were exchanged, compared to its average volume of 707,288. Advanced Energy Industries has a 12 month low of $106.48 and a 12 month high of $397.44. The stock has a market capitalization of $14.65 billion, a price-to-earnings ratio of 101.32, a price-to-earnings-growth ratio of 2.85 and a beta of 1.40. The business’s 50 day simple moving average is $341.89 and its two-hundred day simple moving average is $269.24.

Advanced Energy Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, February 23rd were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, February 23rd. Advanced Energy Industries’s dividend payout ratio (DPR) is 10.47%.

Wall Street Analysts Forecast Growth

AEIS has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Advanced Energy Industries in a research note on Friday, March 27th. KeyCorp lifted their target price on Advanced Energy Industries from $330.00 to $375.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Robert W. Baird lifted their target price on Advanced Energy Industries from $315.00 to $360.00 and gave the stock an “outperform” rating in a research report on Monday, March 30th. Zacks Research downgraded Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 9th. Finally, Needham & Company LLC lifted their target price on Advanced Energy Industries from $290.00 to $330.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Eight investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $322.50.

Insider Buying and Selling at Advanced Energy Industries

In other news, Director Lanesha Minnix sold 1,000 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $316.62, for a total transaction of $316,620.00. Following the transaction, the director owned 4,585 shares in the company, valued at approximately $1,451,702.70. This trade represents a 17.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Stephen Douglas Kelley sold 50,000 shares of the firm’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $316.62, for a total value of $15,831,000.00. Following the transaction, the chief executive officer owned 80,376 shares in the company, valued at approximately $25,448,649.12. This represents a 38.35% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 58,478 shares of company stock valued at $18,567,013. 1.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Advanced Energy Industries

Several institutional investors have recently made changes to their positions in the company. CIBC Private Wealth Group LLC increased its stake in shares of Advanced Energy Industries by 6.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 906 shares of the electronics maker’s stock valued at $190,000 after buying an additional 58 shares during the period. Principal Securities Inc. increased its stake in shares of Advanced Energy Industries by 8.5% during the fourth quarter. Principal Securities Inc. now owns 1,152 shares of the electronics maker’s stock valued at $241,000 after buying an additional 90 shares during the period. UMB Bank n.a. increased its stake in shares of Advanced Energy Industries by 33.2% during the fourth quarter. UMB Bank n.a. now owns 433 shares of the electronics maker’s stock valued at $91,000 after buying an additional 108 shares during the period. Maryland State Retirement & Pension System increased its stake in shares of Advanced Energy Industries by 2.2% during the fourth quarter. Maryland State Retirement & Pension System now owns 5,530 shares of the electronics maker’s stock valued at $1,158,000 after buying an additional 117 shares during the period. Finally, Kemnay Advisory Services Inc. purchased a new position in Advanced Energy Industries in the fourth quarter valued at about $25,000. Hedge funds and other institutional investors own 99.67% of the company’s stock.

About Advanced Energy Industries

Advanced Energy Industries, Inc is a global technology company specializing in precision power conversion, measurement, and control solutions. The company designs and manufactures a broad portfolio of products including high-voltage power supplies, RF and microwave generators, digital power controllers, reactive gas control systems, and thin film measurement instruments. These solutions enable advanced processes in semiconductor fabrication, flat panel display manufacturing, industrial coating, data storage, telecommunications and medical device production.

Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy has grown through strategic product development and international expansion.