Applied Optoelectronics reported an 86% revenue increase to $191.9 million, driven by a 140% surge in data center revenue due to accelerated 800G product adoption. Management aims to reach 650,000 units of 800G and 1.6T capacity monthly by year-end, with demand expected to outpace supply until mid-2027. The upcoming 1.6T ramp could add $70-$80 million in Q4 and potentially double in Q1 2027. However, a $600 million ATM offering raises dilution concerns, making margin growth and earnings per share expansion critical for investors.
Applied Optoelectronics (AAOI) trades at USD 96.56 on Pluang as of Sep 30, 2026 22:21 WIB, down 4.08% in one day, showing a significant pullback from its 52-week high of USD 223.10 but well above its 52-week low of USD 19.49. Despite strong revenue growth reported, the stock's current price reflects investor caution, with 88% of Pluang orders being sell orders. The market cap stands at $8.56 billion, indicating substantial size but also volatility given the wide price range over the past year.
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 ...
Optics stocks including Coherent, Applied Optoelectronics, and Corning dropped sharply despite Citi's bullish $11 billion optical switching market forecast. The selloff appears driven by profit-taking after these high-beta stocks surged significantly...
