Aehr Test Systems Q2 revenue misses estimates

Overview

• Semiconductor test supplier's fiscal 2026 Q2 revenue fell, missing analyst expectations

• Company swings to a loss in Q2 vs same period last year

Outlook

• Aehr expects second-half fiscal 2026 revenue between $25 mln and $30 mln

• Company forecasts second-half fiscal 2026 non-GAAP net loss per share between $(0.09) and $(0.05)

• Aehr anticipates second-half fiscal 2026 bookings between $60 mln and $80 mln

Result Drivers

• SOFT SALES - The company was hurt by softer-than-anticipated revenue in the quarter

• STRATEGIC PARTNERSHIP - Partnership with ISE Labs aims to enhance wafer-level test services for AI and HPC applications

• SILICON PHOTONICS - Expansion into silicon photonics market expected to drive demand for WLBI systems

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the semiconductor equipment & testing peer group is "buy."

• Wall Street's median 12-month price target for Aehr Test Systems is $24.00, about 0.7% below its January 7 closing price of $24.18

• The stock recently traded at 168 times the next 12-month earnings vs. a P/E of 168 three months ago

Press Release: ID:nACSZ9Dwha

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