Aehr Test Systems (NASDAQ:AEHR) Shares Gap Up – Here’s What Happened

Shares of Aehr Test Systems (NASDAQ:AEHR) gapped up prior to trading on Wednesday . The stock had previously closed at $72.01, but opened at $98.16. Aehr Test Systems shares last traded at $98.61, with a volume of 4,180,086 shares.

More Aehr Test Systems News

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

• Positive Sentiment: Aehr Test Systems reported better-than-expected Q4 results and highlighted record bookings, signaling stronger near-term demand. Aehr Test Systems surge on earnings beat, strong guidance
• Positive Sentiment: The company’s fiscal 2027 revenue guidance of about $130 million to $150 million came in well above Wall Street expectations, driven by AI, data center, and silicon photonics demand. AEHR Q4 Earnings Call Points to AI-Fueled 2027 Ramp
• Positive Sentiment: Analysts responded positively, including a price target increase after management’s guidance was described as well above estimates. Lake Street Says Guidance ‘Well Above’ Estimates Justifies Its Aehr Test Systems Stock (AEHR) Price Target Increase
• Neutral Sentiment: Some recent commentary says the stock may still look expensive on book value despite its strong returns, which could limit upside if growth does not meet expectations. Aehr Test Systems (AEHR) Stock Looks Strong On Returns But Overvalued On Book Value
• Negative Sentiment: Bearish analysis warns the recent rally may have pushed valuation ahead of fundamentals, suggesting some investors may lock in gains after the sharp run-up. Aehr Test Systems: The Earnings Reset Is Bigger Than The Rally

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on AEHR. Weiss Ratings lowered Aehr Test Systems from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday. Lake Street Capital reissued a “buy” rating and issued a $110.00 price target on shares of Aehr Test Systems in a report on Wednesday. Wall Street Zen upgraded Aehr Test Systems from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 6th. Finally, Craig Hallum reaffirmed a “buy” rating and issued a $125.00 target price on shares of Aehr Test Systems in a research report on Wednesday. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $117.50.

Aehr Test Systems Stock Down 4.1%

The firm’s 50 day simple moving average is $94.42 and its two-hundred day simple moving average is $61.43. The stock has a market cap of $2.65 billion, a P/E ratio of -350.82 and a beta of 3.17.

Insider Buying and Selling

In related news, Director Howard T. Slayen sold 6,819 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $104.73, for a total transaction of $714,153.87. Following the completion of the transaction, the director directly owned 169,709 shares in the company, valued at $17,773,623.57. This represents a 3.86% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Alberto Salamone sold 15,000 shares of the firm’s stock in a transaction on Monday, April 20th. The shares were sold at an average price of $89.57, for a total value of $1,343,550.00. Following the completion of the sale, the executive vice president owned 63,025 shares in the company, valued at $5,645,149.25. The trade was a 19.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 57,825 shares of company stock valued at $5,517,987 in the last 90 days. Corporate insiders own 6.80% of the company’s stock.

Institutional Trading of Aehr Test Systems

A number of large investors have recently modified their holdings of AEHR. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Aehr Test Systems in the fourth quarter valued at approximately $25,000. Sunbelt Securities Inc. bought a new position in Aehr Test Systems in the 3rd quarter worth approximately $27,000. State of Wyoming acquired a new stake in Aehr Test Systems in the 2nd quarter valued at approximately $28,000. KBC Group NV bought a new stake in Aehr Test Systems during the 1st quarter valued at $30,000. Finally, Russell Investments Group Ltd. raised its stake in Aehr Test Systems by 3,500.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 2,448 shares of the semiconductor company’s stock valued at $74,000 after acquiring an additional 2,380 shares in the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

About Aehr Test Systems

Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.

The company’s product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens.