Applied Optoelectronics (AAOI)

• Market cap: $1.55B
• 1 day: -21.69%
• 5 days: -8.40%
• 1 month: 108.46%
• 3 months: 181.70%
• 6 months: 225.90%
• Year to date: 84.48%
• 1 year: 113.76%
• 5 years: 229.64%
• 10 years: 240.04%
• Sector: Information Technology
• Industry: Semiconductors & Related Devices

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

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

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

• Low target: $20 42% downside
• Avg. target: $23 33% downside
• High target: $28 20% downside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

Rosenblatt Mike Genovese 100% 1-year accuracy 3 / 3 met price target	20% downside $28	Buy Maintained	8 Nov 2024
Northland Capital Markets Tim Savageaux 40% 1-year accuracy 4 / 10 met price target	27% downside $25	Outperform Maintained	8 Nov 2024
Raymond James Simon Leopold 0 / 0 met price target	33% downside $23	Outperform Maintained	8 Nov 2024
Rosenblatt Mike Genovese 100% 1-year accuracy 3 / 3 met price target	42% downside $20	Buy Maintained	9 Oct 2024
Rosenblatt Mike Genovese 100% 1-year accuracy 3 / 3 met price target	42% downside $20	Buy Maintained	12 Sept 2024