Advanced EnergyAEIS
Market Cap: $3.53B
About: Advanced Energy Industries Inc provides precision power-conversion measurement and control solutions that transform power into various forms for use in manufacturing and industrial equipment and applications. The firm serves original equipment manufacturers and end customers in the semiconductor, flat panel display, solar panel, and other industrial capital equipment markets. Products include thin-film power-conversion systems, which control and modify raw electrical power into a customizable, predictable power source, and power control modules, which control and measure temperature during manufacturing cycles. A majority of the firm's revenue is generated in the United States, with the rest primarily from Asia and Europe.
Employees: 10,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]
10% more capital invested
Capital invested by funds: $3.93B [Q1] → $4.32B (+$391M) [Q2]
2.86% more ownership
Funds ownership: 103.39% [Q1] → 106.25% (+2.86%) [Q2]
2% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 110
1% less funds holding
Funds holding: 303 [Q1] → 301 (-2) [Q2]
4% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 45
62% less call options, than puts
Call options by funds: $4.49M | Put options by funds: $11.7M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Stifel Brian Chin 25% 1-year accuracy 6 / 24 met price target | 44%upside $135 | Buy Initiated | 15 Aug 2024 |
TD Cowen Krish Sankar 19% 1-year accuracy 4 / 21 met price target | 28%upside $120 | Hold Maintained | 31 Jul 2024 |
Benchmark Mark Miller 36% 1-year accuracy 14 / 39 met price target | 25%upside $117 | Buy Reiterated | 31 Jul 2024 |
Wells Fargo Joe Quatrochi 0 / 0 met price target | 10%upside $103 | Equal-Weight Maintained | 31 Jul 2024 |
Susquehanna Mehdi Hosseini 36% 1-year accuracy 14 / 39 met price target | 10%upside $103 | Neutral Maintained | 31 Jul 2024 |