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 conservative, excluding potential upside from memory and silicon carbide markets. Aehr's shift to AI-related revenue and reduced customer concentration are key positives. Despite strong gains, the stock carries valuation risks due to its small size and volatile revenue, with upcoming fiscal 2027 order updates as the next catalyst.
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...
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, w...
