Applied OptoelectronicsAAOI
AAOI
About: Applied Optoelectronics Inc is a provider of fiber-optic networking products for the Internet data center, cable television, telecommunications and fiber-to-the-home end markets. The company focuses on designing and manufacturing a range of optical communication products from components, to subassemblies, and modules to complete turn-key equipment. Demand for Applied Optoelectronics is driven by bandwidth demand in end markets. Through direct sales personnel, and manufacturing teams in the United States, China, and Taiwan, the company coordinates with customers to determine product design, qualifications, and performance. The company derives maximum revenue from Taiwan.
Employees: 2,149
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
73% more capital invested
Capital invested by funds: $243M [Q2] → $421M (+$178M) [Q3]
35% more call options, than puts
Call options by funds: $28.9M | Put options by funds: $21.5M
23% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 35
20% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 35
5% more funds holding
Funds holding: 133 [Q2] → 140 (+7) [Q3]
3.22% less ownership
Funds ownership: 75.29% [Q2] → 72.06% (-3.22%) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$14
63%
downside
Avg. target
$34
9%
downside
High target
$44
16%
upside
4 analyst ratings
3 positive
75%
0 neutral
0%
1 negative
25%
Raymond James Simon Leopold 62% 1-year accuracy 13 / 21 met price target | 3%upside $39 | Outperform Maintained | 20 Dec 2024 |
Northland Capital Markets Tim Savageaux 58% 1-year accuracy 14 / 24 met price target | 6%upside $40 | Outperform Reiterated | 18 Dec 2024 |
Rosenblatt Mike Genovese 77% 1-year accuracy 27 / 35 met price target | 16%upside $44 | Buy Maintained | 13 Dec 2024 |
B. Riley Securities David Kang 0% 1-year accuracy 0 / 1 met price target | 63%downside $14 | Sell Downgraded | 10 Dec 2024 |
Financial journalist opinion
Based on 4 articles about AAOI published over the past 30 days
Neutral
GlobeNewsWire
2 days ago
Applied Optoelectronics Announces Entry into Exchange Transactions for 2026 Notes and Pricing of a Concurrent Registered Direct Offering
SUGAR LAND, Texas, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI) (“AOI,” “we,” “us” or “our”) announced today that it has entered into transactions with holders (the “Noteholders”) of its 5.25% Convertible Senior Notes due 2026 (the “2026 Notes”) to exchange approximately $76.7 million principal amount of the 2026 Notes for (i) approximately $125 million aggregate principal amount of 2.75% Convertible Senior Notes due 2030 (the “2030 Notes”), (ii) approximately 1,487,874 shares of our common stock (the “Exchange Shares”) and (iii) approximately $89.6 thousand in cash representing accrued interest on the 2026 Notes and the value of fractional shares (such transactions, collectively, the “Exchanges”).
Neutral
GlobeNewsWire
2 days ago
Applied Optoelectronics Announces Proposed Private Exchange Offer for 2026 Notes and Concurrent Registered Direct Offering
SUGAR LAND, Texas, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI) (“AOI,” “we,” “us” or “our”) expects to enter into transactions with holders of its 5.25% Convertible Senior Notes due 2026 (the “2026 Notes”) to exchange approximately $80 million principal amount of the 2026 Notes for aggregate consideration consisting of a combination of (i) Convertible Senior Notes due 2030 (the “2030 Notes”), (ii) shares of our common stock (the “Exchange Shares”) and (iii) cash representing accrued interest on the 2026 Notes and the value of fractional shares, if any (such transactions, collectively, the “Exchanges”).
Neutral
GlobeNewsWire
3 days ago
Applied Optoelectronics Filed a Patent Infringement Lawsuit Against Accelight Technologies, Inc. (ATI)
SUGAR LAND, Texas, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (“AOI”) (Nasdaq: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, today announced that it has filed a complaint for patent infringement against Accelight Technologies, Inc. (ATI) in the U.S. District Court for the Northern District of California, Case No.: 3:24-cv-09041.
Neutral
GlobeNewsWire
3 weeks ago
Applied Optoelectronics to Present at the Raymond James 2024 TMT & Consumer Conference
SUGAR LAND, Texas, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, today announced the Company will present via a fireside chat at the following investor conference:
Neutral
GlobeNewsWire
1 month ago
Applied Optoelectronics Filed Patent Infringement Lawsuit Against Eoptolink Technology USA Inc.
SUGAR LAND, Texas, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (Nasdaq: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, today announced that it has filed a complaint for patent infringement against Eoptolink Technology USA Inc. (Eoptolink) in the U.S. District Court for the Northern District of California, Case No.: 3:24-cv-08165.
Positive
24/7 Wall Street
1 month ago
1 Little-known AI Stock to Watch After its Impressive Surge
It's hard to tell what the next big thing in artificial intelligence (AI) will be.
Negative
Seeking Alpha
1 month ago
Applied Optoelectronics' Bright Prospects Dimmed By Valuation Concerns
Applied Optoelectronics, Inc. has shown significant growth, particularly in its CATV and 400G segments, with a 150% stock increase in the past six months. Despite strong revenue and customer growth, Applied Optoelectronics faces challenges with negative earnings, high P/E ratio, and cash flow issues. AAOI stock is currently rated as a hold due to overvaluation concerns, ongoing losses, and heavy reliance on a small group of customers.
Positive
Investors Business Daily
1 month ago
Lumentum Stock, AAOI Drive Telecom-Fiber Optics Group Rebound
Boosted by Lumentum and Applied Optoelectronics earnings reports, IBD's Telecom-Fiber Optics group has climbed to No. 3 out of 197 industries tracked.
Positive
The Motley Fool
1 month ago
Why Applied Optoelectronics Stock Is Skyrocketing Today
Why is Applied Optoelectronics soaring despite a modest earnings report? Uncover the AI-fueled strategy boosting its stock to multiyear highs.
Neutral
Seeking Alpha
1 month ago
Applied Optoelectronics, Inc. (AAOI) Q3 2024 Earnings Call Transcript
Applied Optoelectronics, Inc. (AAOI) Q3 2024 Earnings Call Transcript
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