Wall Street analyst estimates for Aehr Test Systems (AEHR): consensus price target and buy/hold/sell recommendations.
Aehr Test Systems, founded in 1977 and based in Fremont, California, specializes in the global provision of advanced burn-in and test systems for integrated circuits, encompassing logic, optical, and memory devices. Its extensive product lineup includes the ABTS and FOX-P families of test and burn-in solutions, complemented by specialized components such as the FOX WaferPak Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier, and FOX DiePak Loader.
Consensus price target
$132.50 (+104 % vs price $65.11)
between $110.00 and $175.00 · 4 targets published in the last quarter
Closing price, Nov 3
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 1 |
| Hold | 2 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 3 |
| Avg rating (−2 sell to +2 buy) | 0.33 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-10-05 | $0.11 | ||
| 2026-07-14 | $0.11 | $-0.01 | +1200.0% |
| 2026-04-07 | $-0.05 | $-0.07 | +28.6% |
| 2026-01-08 | $-0.04 | $-0.08 | +50.0% |
| 2025-10-06 | $0.01 | $0.01 | +0.0% |
| 2025-07-08 | $-0.01 | $-0.01 | +33.3% |
| 2025-04-08 | $0.07 | $0.01 | +600.0% |
| 2025-01-13 | $0.02 | $0.03 | -33.3% |
Valuation Ratios
| P/E Ratio | 1,312.70 |
| Price / Book | 9.56 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.9M | $29.6M | $21.1M | $22.3M | $16.6M | $50.8M | $65.0M | $66.2M | $59.0M | $50.0M |
| Cost of Revenue | $12.1M | $17.2M | $13.5M | $13.9M | $10.6M | $27.2M | $32.2M | $33.7M | $35.0M | $32.4M |
| Gross Profit | $6.8M | $12.4M | $7.6M | $8.4M | $6.0M | $23.7M | $32.7M | $32.5M | $23.9M | $17.7M |
| Research & Development | $4.7M | $4.2M | $4.2M | $3.4M | $3.7M | $5.8M | $7.1M | $8.7M | $10.5M | $12.6M |
| Selling, General & Admin | $7.1M | $7.3M | $7.7M | $7.5M | $6.6M | $10.0M | $12.2M | $13.7M | $17.8M | $19.2M |
| Operating Expenses | $11.7M | $11.5M | $11.9M | $10.9M | $10.2M | $15.9M | $19.4M | $22.5M | $28.2M | $31.8M |
| Operating Income | -$4.9M | $915,000 | -$4.3M | -$2.5M | -$4.2M | $7.8M | $13.4M | $10.1M | -$4.3M | -$14.1M |
| EBITDA | -$4.7M | $1.3M | -$4.5M | -$2.4M | -$1.8M | $9.8M | $15.1M | $13.8M | -$903,000 | -$8.2M |
| Interest Expense | $678,000 | $399,000 | $252,000 | 0 | $46,000 | 0 | 0 | 0 | 0 | 0 |
| Pre-tax Income | -$5.6M | $455,000 | -$5.2M | -$2.8M | -$2.2M | $9.5M | $14.6M | $12.5M | -$4.3M | -$11.7M |
| Income Tax | $25,000 | -$73,000 | $27,000 | $36,000 | -$177,000 | $91,000 | $60,000 | -$20.7M | -$381,000 | -$4.6M |
| Net Income | -$5.7M | $528,000 | -$5.2M | -$2.8M | -$2.0M | $9.4M | $14.6M | $33.2M | -$3.9M | -$7.1M |
| EPS | -$0.35 | $0.02 | -$0.23 | -$0.12 | -$0.09 | $0.36 | $0.52 | $1.15 | -$0.13 | -$0.23 |
| EPS (Diluted) | -$0.35 | $0.02 | -$0.23 | -$0.12 | -$0.09 | $0.34 | $0.50 | $1.12 | -$0.13 | -$0.23 |
| Shares Outstanding (Diluted) | 16.3 M | 22.8 M | 22.4 M | 22.9 M | 23.5 M | 27.8 M | 29.2 M | 29.6 M | 29.6 M | 30.7 M |
Price
| Price | $65.11 (closing price, November 3, 2026) |
| Market Cap | $2.1B |
| Exchange | NASDAQ |
| Country | US |
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Explore sector: Technology · Semiconductors
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