Advanced Energy rated Buy on record 2025 results and strong AI data center growth.

Advanced Energy (AEIS), a precision power conversion supplier, received a Buy rating due to record results expected in 2025 and strong momentum in AI data center computing. Its Data Center Computing revenue more than doubled, with management forecasting over 30% growth in 2026 supported by diversified customer engagement. The company is benefiting from structural gross margin expansion and robust cash flow, positioning it well as a key player in the AI and semiconductor capital expenditure cycles.