Applied Optoelectronics expects to generate about $1.1 billion in revenue by 2026 driven by accelerating demand for 800G optical interconnects, despite current production constraints. Monthly production capacity for 800G and 1.6T units is forecasted to grow from around 200,000 to 650,000 units by the end of the year. Initial orders for 1.6T units have already surpassed $200 million, with Q4 revenue anticipated between $70 million and $80 million before further scaling. While the company remains unprofitable on a GAAP basis and faces risks from dilution, customer concentration, and aggressive capacity investments, a bullish scenario values the stock above $150 per share.
Applied Optoelectronics shares trade at USD 95.19 on Pluang as of Sep 29, 2026 12:12 WIB, down 1.68% for the day. The stock's market cap stands at $8.60 billion, reflecting investor sentiment amid growth expectations. Trading volume reached 5,510,957 shares, indicating active market participation during this period.
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