Aehr Test Systems' stock rose 6.1% following a strong fiscal Q4 report with $18.84 million revenue and a return to profitability. The company forecasted fiscal 2027 revenue of $130-$150 million, driven by AI processor and silicon photonics testing, which made up 91% of Q4 revenue. A recent large production order for silicon photonics equipment highlights the shift to manufacturing scale-up in this market. Despite high valuation and volatility, strong backlog and market positioning support the bullish outlook, with Wall Street maintaining mostly buy ratings and a target price near current levels.
Aehr Test Systems' stock rose about 8% following Jefferies' initiation of coverage with a Buy rating and a $175 price target, highlighting strong growth potential driven by AI and semiconductor testing demand. The firm noted its target is conservativ...
Aehr Test Systems received a $22 million follow-on order for its wafer-level burn-in systems, boosting its backlog to $100.6 million. Investment firm Jefferies initiated coverage with a 'Buy' rating, reflecting confidence in the company's growth pros...
Memory and storage stocks surged Thursday following strong earnings reports across the sector. Sandisk shares jumped 16% after reporting Q4 FY2026 non-GAAP EPS and revenue well above expectations, driven by a 437% YoY datacenter revenue increase. Mic...
