Aehr Test Systems (NASDAQ:AEHR) Given New $90.00 Price Target at Lake Street Capital

Aehr Test Systems (NASDAQ:AEHR) had its price objective reduced by research analysts at Lake Street Capital from $110.00 to $90.00 in a note issued to investors on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the semiconductor company’s stock. Lake Street Capital‘s price target indicates a potential upside of 41.12% from the stock’s previous close.

Other research analysts have also issued reports about the company. Wall Street Zen upgraded Aehr Test Systems from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Weiss Ratings restated a “sell (e+)” rating on shares of Aehr Test Systems in a research note on Tuesday, October 27th. Oppenheimer assumed coverage on shares of Aehr Test Systems in a research note on Thursday, September 10th. They issued an “outperform” rating and a $120.00 target price on the stock. Craig Hallum reaffirmed a “buy” rating and issued a $125.00 target price on shares of Aehr Test Systems in a report on Wednesday, July 15th. Finally, Freedom Capital upgraded shares of Aehr Test Systems from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $118.75.

Aehr Test Systems Trading Up 23.9%

NASDAQ:AEHR traded up $12.30 during trading hours on Tuesday, hitting $63.77. 7,188,536 shares of the company traded hands, compared to its average volume of 2,506,228. Aehr Test Systems has a twelve month low of $18.70 and a twelve month high of $147.40. The firm has a 50-day moving average of $82.66 and a 200 day moving average of $73.90. The stock has a market capitalization of $2.08 billion, a price-to-earnings ratio of -265.59 and a beta of 3.47.

Aehr Test Systems (NASDAQ:AEHR) last announced its quarterly earnings data on Monday, November 2nd. The semiconductor company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.17. Aehr Test Systems had a negative return on equity of 3.83% and a negative net margin of 14.25%. The company had revenue of $33.01 million during the quarter, compared to the consensus estimate of $27.53 million. Equities research analysts predict that Aehr Test Systems will post 0.45 earnings per share for the current fiscal year.

Insider Activity at Aehr Test Systems

In other Aehr Test Systems news, CEO Gayn Erickson sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $130.84, for a total value of $5,233,600.00. Following the transaction, the chief executive officer directly owned 157,723 shares of the company’s stock, valued at approximately $20,636,477.32. This trade represents a 20.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Adil Engineer sold 15,000 shares of Aehr Test Systems stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $131.02, for a total transaction of $1,965,300.00. Following the sale, the chief operating officer directly owned 46,977 shares of the company’s stock, valued at $6,154,926.54. This represents a 24.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 87,475 shares of company stock worth $11,459,240. Insiders own 4.60% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AEHR. BlackRock Inc. bought a new position in shares of Aehr Test Systems in the 2nd quarter worth $255,476,000. State Street Corp boosted its holdings in Aehr Test Systems by 14.4% during the second quarter. State Street Corp now owns 712,926 shares of the semiconductor company’s stock worth $68,484,000 after buying an additional 89,620 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Aehr Test Systems during the 2nd quarter worth about $64,433,000. AWM Investment Company Inc. bought a new stake in shares of Aehr Test Systems in the 2nd quarter valued at about $36,004,000. Finally, Wellington Management Group LLP raised its position in shares of Aehr Test Systems by 56.0% in the 2nd quarter. Wellington Management Group LLP now owns 238,453 shares of the semiconductor company’s stock valued at $22,906,000 after acquiring an additional 85,568 shares during the period. Institutional investors and hedge funds own 69.69% of the company’s stock.

More Aehr Test Systems News

Here are the key news stories impacting Aehr Test Systems this week:

• Positive Sentiment: Fiscal Q1 revenue reached a record $33.0 million, ahead of the $27.5 million consensus, while reported EPS of $0.28 also topped estimates. The company attributed growth to strong semiconductor demand, including AI-related demand. Article: AEHR Q1 Earnings Beat Estimates on AI Demand, Revenue Outlook Raised
• Positive Sentiment: Aehr raised fiscal 2027 revenue guidance to $150 million—above the $138.4 million analyst consensus and roughly triple fiscal 2026 revenue. Effective backlog stood at $109.3 million as of November 1, supporting the stronger outlook. Article: Aehr Test Systems: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Call-option activity was unusually high, with traders buying about 14,866 contracts—approximately 51% above typical volume. This signals increased trading interest but does not establish the direction of future performance.

About Aehr Test Systems

Aehr Test Systems (NASDAQ: AEHR) develops and manufactures test and burn-in equipment used to qualify and screen semiconductor devices. Its systems are designed to identify manufacturing defects and reliability issues before chips are shipped to customers, helping semiconductor manufacturers improve production yields and product quality.

The company’s product portfolio includes the FOX family of semiconductor test systems, including the FOX-XP, FOX-NP and FOX-1P platforms. Aehr also provides wafer contactors, DiePak carriers and related test fixtures and software.