Advanced Energy (AEIS)

• Market cap: $4.81B
• 1 day: 5.27%
• 5 days: 7.77%
• 1 month: 12.36%
• 3 months: 17.35%
• 6 months: 12.85%
• Year to date: 10.59%
• 1 year: 18.54%
• 5 years: 67.59%
• 10 years: 421.68%
• Sector: Information Technology
• Industry: Electronic Components

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 Q3 regulatory filings by fund managers ($100M+ AUM)

44% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 27

2% more funds holding

Funds holding: 304 [Q2] → 311 (+7) [Q3]

6.28% less ownership

Funds ownership: 108.66% [Q2] → 102.38% (-6.28%) [Q3]

8% less capital invested

Capital invested by funds: $4.42B [Q2] → $4.06B (-$359M) [Q3]

13% less repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 116

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]

66% less call options, than puts

Call options by funds: $5.14M | Put options by funds: $15M

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $115 10% downside
• Avg. target: $129 1% upside
• High target: $145 14% upside

6 analyst ratings

• positive: 4 67%
• neutral: 2 33%
• negative: 0 0%

Needham James Ricchiuti 62% 1-year accuracy 72 / 116 met price target	14% upside $145	Buy Reiterated	15 Jan 2025
Wells Fargo Joe Quatrochi 29% 1-year accuracy 2 / 7 met price target	10% downside $115	Equal-Weight Maintained	13 Jan 2025
Citigroup Atif Malik 60% 1-year accuracy 30 / 50 met price target	8% upside $138	Buy Upgraded	6 Jan 2025
Baird Robert Mason 69% 1-year accuracy 9 / 13 met price target	5% upside $134	Outperform Maintained	11 Dec 2024
Benchmark Mark Miller 50% 1-year accuracy 19 / 38 met price target	2% downside $125	Buy Reiterated	20 Nov 2024