AAOI
Q4 2026 EPS Estimate
$0.27
Nov 5, 2026 · Reports after close
Revenue Estimate
$268M
FY2026E EPS$1.03
FY2027E EPS$5.73

Analyst Sentiment

Wall St. Consensus
Hold
16 analysts·Moderate coverage
56
Score
7 Buy (44%)6 Hold (38%)3 Sell (18%)
Rating Breakdown
Strong Buy
00%
Buy
744%
Hold
638%
Sell
319%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Bear
$178.00
+38.6%
Consensus
$184.00
+43.3%
Bull
$190.00
+47.9%
12-Month Target Range16 analysts
$178.00$184.00$190.00
Current $128.44Consensus
Current Price
$128.44
Upside to Consensus
$55.56

Price targets are 12-month analyst forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Forward Growth Estimates (YoY)
FY2027
Rev+169.30%
EPS+454.25%
FY2028
Rev+48.72%
EPS+102.55%
Raw consensus estimates (low / average / high) from covering analysts.
Annual
MetricFY2026EFY2027EFY2028E
Revenue Avg$1.04B$2.80B$4.17B
Low$933M$2.40B$3.44B
High$1.16B$3.22B$5.10B
EBITDA Avg$-222M$-598M$-890M
Low$-247M$-688M$-1.09B
High$-199M$-512M$-735M
EBIT Avg$-318M$-857M$-1.27B
Low$-354M$-985M$-1.56B
High$-285M$-733M$-1.05B
Net Income Avg$81M$344M$698M
Low$39M$271M$540M
High$86M$417M$902M
EPS Avg$1.03$5.73$11.60
Low$0.65$4.50$8.98
High$1.42$6.94$14.99
Analysts (Rev / EPS)4 / 33 / 31 / 1
Quarterly
MetricQ3 2026Q4 2026Q1 2027Q2 2027Q3 2027Q4 2027
Revenue Avg$278M$410M$508M$582M$713M$771M
Low$255M$369M$470M$539M$660M$714M
High$308M$469M$559M$640M$784M$848M
EBITDA Avg$-59M$-88M$-109M$-124M$-152M$-165M
Low$-66M$-100M$-119M$-137M$-168M$-181M
High$-55M$-79M$-100M$-115M$-141M$-152M
EBIT Avg$-85M$-125M$-155M$-178M$-218M$-236M
Low$-94M$-143M$-171M$-196M$-240M$-259M
High$-78M$-113M$-144M$-165M$-202M$-218M
Net Income Avg$23M$55M$70M$84M$110M$124M
Low$19M$43M$63M$76M$100M$112M
High$28M$74M$79M$95M$125M$141M
EPS Avg$0.28$0.67$0.86$1.03$1.35$1.52
Low$0.24$0.53$0.77$0.93$1.22$1.38
High$0.34$0.90$0.97$1.17$1.53$1.72
Analysts (Rev / EPS)4 / 45 / 64 / 24 / 24 / 24 / 2

Earnings Surprises

Recent Analyst Actions

Aug 11, 2026Raymond James
Applied Optoelectronics (AAOI) PT Raised to $178 at Raymond James
Target:$178.00
+34.0%from $132.81
Aug 7, 2026Raymond James
Applied Optoelectronics price target lowered to $151 from $160 at Raymond James
Target:$151.00
+10.6%from $136.48
Aug 7, 2026Needham
Applied Optoelectronics (AAOI) PT Lowered to $190 at Needham
Target:$190.00
+53.0%from $124.22
May 8, 2026Raymond James
Applied Optoelectronics price target raised to $160 from $72.50 at Raymond James
Target:$160.00
+6.2%from $150.73
Dec 11, 2025Northland Securities
Applied Optoelectronics price target raised to $45 from $35 at Northland
Target:$45.00
+29.1%from $34.85
Dec 11, 2025Needham
Applied Optoelectronics price target raised to $43 from $38 at Needham
Target:$43.00
+24.0%from $34.67
Dec 11, 2025Rosenblatt Securities
Applied Optoelectronics (AAOI) PT Raised to $50 at Rosenblatt
Target:$50.00
+44.1%from $34.71
Nov 17, 2025Northland Securities
Applied Optoelectronics price target raised to $35 from $30 at Northland
Target:$35.00
+55.8%from $22.47
Aug 8, 2025Northland Securities
Applied Optoelectronics price target lowered to $30 from $50 at Northland
Target:$30.00
+39.0%from $21.59
Aug 8, 2025Raymond James
Applied Optoelectronics price target raised to $25 from $18 at Raymond James
Target:$25.00
+11.3%from $22.45
Sep 3, 2024Raymond James
Raymond James Upgrades Applied Optoelectronics (AAOI) to Outperform
Target:$17.00
+38.3%from $12.29
May 16, 2024Northland Securities
Northland Reiterates Outperform Rating on Applied Optoelectronics (AAOI)
Target:$18.00
+60.3%from $11.23
Jan 30, 2024Rosenblatt Securities
Applied Optoelectronics Set For Explosive Growth In AI Optical Tech By 2025, Says Bullish Analyst
Target:$23.00
+30.5%from $17.62
Aug 4, 2023B.Riley Financial
B.Riley Upgrades Applied Optoelectronics (AAOI) to Buy, 'Based on Improving Demand and Margins'
Target:$11.50
+74.5%from $6.59
Sep 16, 2022Northland Securities
Northland Capital Markets Maintains Outperform on Applied Optoelectronics, Raises Price Target to $7.5
Target:$7.50
+111.0%from $3.56
Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.