Insider buying last 90 days
No open-market insider purchases were filed for AEHR in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every AEHR insider filing, plotted on the chart in Gekko.Open AEHR in Gekko
NASDAQ: AEHR
Aehr Test Systems (AEHR) Stock Analysis & Forecast
Oct 12 close
$78.18−6.46 (−7.6%)
Gekko Brief
AI summaryOct 12 closeAehr Test Systems shares moved this week on continued news of its push into AI processor testing, with a $6 million follow-on order from its lead hyperscale customer for package-level burn-in of a next-generation AI processor, expanding testing capacity ahead of an anticipated production ramp in 2027. The company also confirmed it will report first-quarter fiscal 2027 results on 2 November 2026 after market close. Alongside this, commentary has noted the stock's recent decline even as bookings and long-term momentum remain described as strong, with one report highlighting a healthy cash balance of $34 million and no significant debt.
AEHR closed at $78.18, down 7.6%, sitting between its 50-day average of $97.98 and 200-day average of $71.64, with one-month performance at -17.4% against a one-year return of 210.9%. The GekkoIndex reads 65.5, placing the stock in the Accumulation zone. Price sits 22.6% below Gekko Fair Value of $101.03.
Over the next 20 trading days, the main event is the 2 November earnings report, falling within that window; the prior release on 14 July beat estimates with a 29.1% reaction, and the company has beaten EPS estimates in 5 of the last 8 quarters, with an average absolute reaction of 19.5%. No insider, Congress or unusual options activity appears in the current windows. Seasonally, the next 20 trading days have averaged a 0.6% return over 5 years, positive in 3 of them. Five analysts covering the stock currently rate it buy, with a consensus target of $128.
Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.
Aehr Test Systems price vs fair value
Close $78.18200-day averageGekko Fair Value $101.03
Aehr Test Systems quick facts
- Market cap
- $2.55B
- P/E ratio
- —
- Forward P/E
- 126.6
- EPS, TTM
- −$0.23
- Revenue, TTM
- $50.00M
- Profit margin
- -14.2%
- Dividend yield
- —
- Beta
- 3.48
- Volume
- 2.48M avg 2.34M
- 1-year return
- +210.9%
- Typical daily move
- ±10.7%
- Typical 20-day move
- ±18.5%
- 50-day average
- $97.98
- 200-day average
- $71.64
- Next earnings
- Nov 2 after close
- Shares outstanding
- 32.66M
Aehr Test Systems swing-trade checklist
Aehr Test Systems scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive1 mixed1 headwind
- Trendmixed
Averages disagree
Close $78.18 sits between the 50-day ($97.98) and 200-day ($71.64) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
65.5, Accumulation
Reading 65.5 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
22.6% below
Price is 22.6% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings riskheadwind
Reports in 21 days
Reports on Nov 2, 2026, 21 days away — inside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+0.6% on average
From this point in the calendar, the next 20 trading days averaged +0.6% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Aehr Test Systems stock chart and price history
Aehr Test Systems closed at $78.18 on Oct 12, 2026, +210.9% over the past year, inside a 52-week range of $18.70 to $147.40.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −17.4%
- 3 months
- +8.6%
- 6 months
- +9.1%
- 1 year
- +210.9%
The full AEHR chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open AEHR in Gekko
Follow Aehr Test Systems through every session
Put AEHR on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.
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About Aehr Test Systems
Aehr Test Systems builds equipment used to burn in and test integrated circuits, including logic, memory and optical devices, for semiconductor manufacturers worldwide. The company is perhaps best recognized for its FOX line of systems, which handle wafer- and die-level burn-in and functional testing for complex chips such as processors, controllers, systems-on-a-chip and photonic components.
Its product range spans several related lines. The ABTS system targets production and qualification testing of packaged parts across various logic and memory types, while the FOX-XP, FOX-NP and FOX-CP systems address wafer-level and single-wafer testing needs. Supporting hardware includes the WaferPak Contactor, a full-wafer probe card that works with wafers up to 300mm, and the DiePak Carrier, a reusable packaging format that lets manufacturers run final test and burn-in on bare die and modules. Together these offerings serve chipmakers that need to verify device reliability before devices reach the market.
Shares of Aehr Test Systems trade on the NASDAQ under the ticker AEHR.
- Listed
- NASDAQ
- Sector
- Electronic technology
- Industry
- Electronic production equipment
- Website
- aehr.com
Aehr Test Systems GekkoIndex: the smart money zone
Aehr Test Systems’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 65.5, in the Accumulation zone, up 11.5 points over five sessions.
65.5Accumulation
Up 11.5 points over five sessions, from the Neutral zone.
Reading for Oct 12, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 31 | +4.8% | +9.5% | ||
| Accumulation (current zone) | 244 | +2.2% | +7.5% | ||
| Neutral | 353 | +2.3% | +11.4% | ||
| Distribution | 51 | +2.0% | +6.6% | ||
| Selling | 3 | Too few readings yet | |||
Average AEHR share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.2% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the AEHR price, zone by zone.Track AEHR in Gekko
Is Aehr Test Systems stock overvalued? Gekko Fair Value
Aehr Test Systems trades 22.6% below Gekko Fair Value of $101.03, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Aehr Test Systems shares are worth, recalculated every trading day.
$101.03
Gekko Fair Value, Oct 10, 2026
22.6% Undervalued
At the end of Aug 2026 the price was 32.2% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open AEHR in Gekko
Aehr Test Systems insider and Congress trading
No open-market insider purchases were filed for Aehr Test Systems, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in AEHR were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for AEHR, plotted on the chart in Gekko.Open AEHR in Gekko
Buybacks
Aehr Test Systems has been buying back its own shares.
- Bought back, quarter ended May 29, 2026
- $1.09M
- As a share of market cap
- 0.04%
- Trailing four quarters
- $2.36M
From company filings.
Hedge funds and billionaires quarter ended Jun 30
0of the funds Gekko tracks hold AEHR.
0added0opened0trimmed2sold out
Which funds are on each side, name by name.Unlock in Gekko
Aehr Test Systems earnings: next date and track record
Aehr Test Systems reports on Nov 2, 2026, after the close (21 days away), and beat the EPS estimate in 5 of its last 8 reports.
Next earnings report
Nov 2, 2026
Expected after the close, 21 days away
- EPS estimate
- $0.11
- Revenue estimate
- $26.60M
5 of 8reports beat the EPS estimate
±19.5%average move across the report
5 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 14, 2026 AI summary
- What they said
- Aehr Test Systems reported fiscal 2026 fourth quarter and full-year results that exceeded Street expectations, highlighted by record quarterly bookings, a record backlog, and accelerating diversification away from silicon carbide EV business into AI/data center processors, silicon photonics, GaN, and power semiconductors. Management emphasized strong demand for both package-level (Sonoma) and wafer-level burn-in solutions, successful benchmark testing with a major AI processor supplier (leading to interest in pilot production), and capacity expansion efforts (Fremont facility expansion plus contract manufacturer in Southeast Asia). Management provided a fiscal 2027 revenue guide of $130–$150 million (2.6x–3x fiscal 2026) and non-GAAP pretax profitability of 18%–22%, and stated they are not currently capacity-limited at the $150M level. They noted ongoing efforts to scale manufacturing, deepen Taiwan presence, and support large hyperscaler customers. Memory revenue is uncertain and not included in the guidance. Overall tone was confident and optimistic with measured caveats around execution risks and supply chain constraints.
- Guidance
- Revenue for fiscal 2027: $130 million to $150 million (2.6x to 3x fiscal 2026); Non-GAAP pretax profitability: 18% to 22%. Management noted potential upside above this range if additional orders materialize; they do not assume any memory revenue in the $130–$150M guide.
- Risks flagged
- Supply chain and component availability (notably power supply vendors raising prices and constrained supply); customer timing and ramp uncertainty (some device ramps delayed); uncertainty around memory/HBM opportunities and timing; execution risk in scaling manufacturing and OSAT/CM coordination; general market/ macro risk that could change customer forecasts.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 14, 2026 | $0.05 est −$0.06 | $18.80M est $18.69M | +29.1% |
| Apr 7, 2026 | −$0.05 est −$0.07 | $10.30M est $10.85M | +21.1% |
| Jan 8, 2026 | −$0.04 est −$0.03 | $9.90M est $11.58M | +8.9% |
| Oct 6, 2025 | $0.01 est $0.01 | $10.97M est $11.12M | −15.7% |
| Jul 8, 2025 | −$0.01 est −$0.01 | $14.09M est $14.82M | −10.3% |
| Apr 8, 2025 | $0.07 est $0.01 | $18.31M est $14.83M | +21.3% |
| Jan 13, 2025 | $0.02 est $0.03 | $13.45M est $19.68M | −28.9% |
| Oct 10, 2024 | $0.07 est $0.02 | $13.12M est $12.17M | +21.1% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Aehr Test Systems stock forecast and analyst price targets
Analysts’ average 12-month price target for Aehr Test Systems is $128.00, +63.7% from the last close, from 5 firms rating the stock in the last 90 days.
$128.00consensus 12-month target, +63.7% from the last close
Now $78.18Avg $128.00
Low $110High $125
Each firm’s latest rating in the last 90 days: 5 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 10 | Oppenheimer | $120 | +53.5% |
| Aug 12 | William Blair | — | — |
| Jul 16 | Freedom Capital Markets | $110 | +40.7% |
| Jul 15 | Craig-Hallum | $125 | +59.9% |
| Jul 15 | Lake Street | $110 | +40.7% |
+7.5%average 20-day move after past Accumulation readings
+0.6%average move over the next 20 trading days in the last 5 years
±10.7%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Aehr Test Systems seasonality: the next 20 trading days
Over the next 20 trading days from Oct 10, Aehr Test Systems averaged +0.6% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +3.2% | 4 of 5 |
| Next 10 trading days | +8.7% | 4 of 5 |
| Next 15 trading days | +3.7% | 4 of 5 |
| Next 20 trading days | +0.6% | 3 of 5 |
| Next 30 trading days | −5.9% | 1 of 5 |
For scale, AEHR’s typical 20-trading-day move in either direction is about 18.5%.
Aehr Test Systems market cap and key statistics
Aehr Test Systems’s market cap is $2.55B and revenue of $50.00M over the last twelve months.
Valuation
- Market cap
- $2.55B
- Forward P/E
- 126.6
- EPS, TTM
- −$0.23
- Gekko Fair Value
- $101.03
Trading
- Volume
- 2.48M
- Avg volume, 20 days
- 2.34M
- 52-week high
- $147.40
- 52-week low
- $18.70
- Shares outstanding
- 32.66M
Financials
- Revenue, TTM
- $50.00M
- Profit margin
- -14.2%
- Return on equity
- -4.2%
- Quarterly earnings growth, YoY
- −87.5%
Risk and income
- Beta
- 3.48
- Typical daily move
- ±10.7%
- Typical 20-day move
- ±18.5%
Aehr Test Systems stock news this week
Coverage of Aehr Test Systems this week reads positive: 6 positive, 4 neutral and 2 negative headlines.
- RAEHR to NOK: Aehr Test Systems Tokenized Stock (Reality) Price in Norwegian KroneCoinGecko, Oct 12
- Form 4 Aehr Test Systems For: 12 October By Investing.comInvesting.com Canada, Oct 12
- Aehr Test Systems (NASDAQ:AEHR) Stock Falls 6.4% – Time to Sell?Defense World, Oct 12
- Aehr Test Systems (AEHR) Dropped, So What Is Behind The Latest Attention?Simply Wall Street, Oct 8
- Aehr Test Systems to Announce First Quarter Fiscal 2027 Financial Results on November 2, 2026Aehr Test Systems, Oct 8
- We Think Aehr Test Systems (NASDAQ:AEHR) Can Easily Afford To Drive Business GrowthMoomoo, Oct 8
Aehr Test Systems peers
Aehr Test Systems’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| VRTVertiv | Accumulation | 10.4% below |
| BEBloom Energy | Neutral | 0.3% above |
| TERTeradyne | Neutral | 3.3% above |
| FLEXFlex | Neutral | 1.5% above |
| SANMSanmina | Neutral | 4.0% above |
| AEISAdvanced Energy Industries | Neutral | 8.2% below |
A peer links to its own page where one exists.
Aehr Test Systems stock FAQ
What is Aehr Test Systems’s market cap?
Aehr Test Systems’s market cap is $2.55B at the Oct 12, 2026 close of $78.18, with 32.66M shares outstanding.
What is the Aehr Test Systems stock forecast?
The consensus analyst 12-month price target for Aehr Test Systems is $128.00, +63.7% from the last close. Of the 5 firms that rated the stock in the last 90 days, 5 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Aehr Test Systems stock overvalued or undervalued?
On Gekko’s estimate Aehr Test Systems is undervalued: the Oct 12, 2026 close of $78.18 is 22.6% below Gekko Fair Value of $101.03. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Aehr Test Systems report earnings next?
Aehr Test Systems is expected to report on Nov 2, 2026, after the market closes (21 days away). Analysts expect earnings of $0.11 per share on revenue of $26.60M. Aehr Test Systems beat the earnings estimate in 5 of its last 8 reports, moving 19.5% on average across the report.
What is Aehr Test Systems’s 52-week high and low?
Aehr Test Systems’s 52-week high is $147.40 and its 52-week low is $18.70; it closed at $78.18 on Oct 12, 2026, +210.9% over the past year.
Is Aehr Test Systems stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and seasonality), 1 as mixed (trend) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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