AEHRAEHRTechnology · Semiconductor Equipment & Materials

AEHR Stock Forecast: Aehr Test Systems Price Predictions for 2026-2027

Last close, 18 Sept 2026
$93
+3.25% on the day

The 6 Wall Street analysts covering Aehr Test Systems hold a median 12-month price target of $120 — +28.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 13 of 100 as at 19 Sept 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$3.1B
Ticker Nerd rank
13 / 100
Median analyst target
$120
Analysts covering
6
Revenue$18.8M+33.7% y/y
Operating income−$1.2M
Net income$1.4M
Free cash flow$1.7M
Quarterly, 8 quarters to 31 May 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−1.3%
1M
−24.1%
YTD
+363.1%
1Y
+205.8%
From 52W high
−35.8%
From 52W low
+381.9%
$19
$146
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

AEHR stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Aehr Test Systems on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 19 Sept 2026
13 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Momentum
94
Issuance
52
Accruals
41
Revisions
32
Size
30
Growth
28
Quality
4
Volatility
2
Value
2

Momentum (94): The shares have been drifting up relative to others.

Value (2): The shares cost a lot relative to the profits and assets behind them.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

AEHR stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on AEHR, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$0$50$100$150$200Oct 25Jan 26Apr 26Jul 26AEHRHigh $175Median $120Low $110

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says6 analysts
6 Buy0 Hold0 Sell
Low $110Median $120High $175

The green dot is the last close — the median target sits +28.4% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
10 Sept 2026OppenheimerInitiatesOutperform$120
14 Aug 2026JefferiesInitiatesBuy$175
14 Aug 2026JefferiesInitiatesBuy
5 Mar 2026Freedom BrokerMaintainsHold
5 Mar 2026Freedom BrokerMaintainsHold$24$38
2 Mar 2026William BlairUpgradeOutperform
2 Mar 2026William BlairUpgradeOutperform
13 Feb 2026Freedom BrokerMaintainsHold
13 Jan 2026Freedom BrokerMaintainsHold
9 Jan 2026Craig-HallumMaintainsHold
17 Dec 2025Lake StreetInitiatesBuy
14 Oct 2025Freedom BrokerMaintainsHold
26 Mar 2024Craig-HallumDowngradeHold
25 Mar 2024William BlairDowngradeMarket Perform
17 Oct 2022William BlairInitiatesOutperform
10 Oct 2016Craig-HallumInitiatesBuy

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. AEHR appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

AEHR vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 18 Sept 2026, Aehr Test Systems returned +205.8% against +16.3% for the S&P 500, dividends included.

AEHR vs S&P 500, last 12 monthsTotal return, rebased to 100
0100200300400Oct 25Jan 26Apr 26Jul 26AEHRS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

AEHR analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+400.0%
Analysts raising
3
Analysts cutting
0
Fundamentals

Aehr Test Systems (AEHR) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
19.8×

Cheaper than 37% of US stocks

Price / sales
61.1×

Cheaper than 5% of US stocks

Price / book
13.8×

Cheaper than 7% of US stocks

EV / EBITDA
−259.5×

Cheaper than 98% of US stocks

Growth & margins
Revenue growth (YoY)
33.7%

Higher than 80% of US stocks

Earnings growth (YoY)
33.7%

Higher than 68% of US stocks

Gross margin
42.6%

Higher than 53% of US stocks

Operating margin
−6.4%

Higher than 26% of US stocks

Net margin
−14.3%

Higher than 17% of US stocks

Returns & dividend
Return on equity
−4.2%

Higher than 40% of US stocks

Return on assets
−4.5%

Higher than 33% of US stocks

Dividend yield

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Aehr Test Systems (AEHR) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Aehr Test Systems has a market value of $3.1B and an enterprise value of $2.9B.

  • Revenue in the twelve months to 31 May 2026: $50.0M. The latest quarter grew 33.7% year on year.

  • Net income over the same four quarters: −$7.1M, a −14.3% net margin.

  • Diluted earnings per share, trailing twelve months: $−0.24.

  • Free cash flow in the twelve months to 31 May 2026: −$5.4M.

  • Shares outstanding: 32.5M.

  • Trailing P/E: 19.8×; forward P/E: 67.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Aehr Test Systems employs 138 people $362K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 31 May 2026 · market figures as at 19 Sept 2026

Data provided by Twelve Data

Peers

AEHR vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSemiconductor Equipment & Materials
CompanyMarket capTKN rank
AEHRAehr Test Systems$3.1B
13
AMBAAmbarella, Inc.$2.8B
50
COHUCohu, Inc.$2.7B
66
UCTTUltra Clean Holdings, Inc.$3.2B
39
IPGPIPG Photonics Corp.$3.2B
52
VECOVeeco Instruments, Inc.$2.6B
46
ACLSAxcelis Technologies, Inc.$3.4B
74

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Aehr Test Systems — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest AEHR news & analysis

Better Artificial Intelligence Stock: Aehr Test Systems vs. KLA Corporation

The Motley Fool · 19 Sept 2026neutral

A Motley Fool article compares Aehr Test Systems, which provides specialized stress-testing equipment for the silicon carbide and AI memory markets, with KLA Corporation, a dominant player in semiconductor inspection and metrology. The piece highlights differences in their market positions and financial profiles.

Why it matters — AEHR watchers would gain perspective on how the company's niche stress-testing business and financial profile stack up against a larger, highly profitable semiconductor inspection leader.

Better Artificial Intelligence Stock: Aehr Test Systems vs. Super Micro Computer

The Motley Fool · 19 Sept 2026neutral

A Motley Fool article compares Aehr Test Systems with Super Micro Computer as AI-related stock investment options. It describes Aehr as a provider of specialized wafer-level testing solutions for the silicon carbide and AI markets, while Super Micro leads rack-scale IT infrastructure with AI-driven revenue growth.

Why it matters — The piece positions Aehr's role in the AI and silicon carbide testing markets against a major AI infrastructure player, giving AEHR watchers context on how the company is framed within the AI investment landscape.

Can AEHR's Diversification Strengthen Its Growth Outlook?

Zacks Investment Research · 14 Sept 2026positive

Aehr Test Systems is broadening its business beyond silicon carbide as demand from AI, silicon photonics, and power semiconductors supports a more diversified growth story, according to Zacks Investment Research.

Why it matters — AEHR watchers would care because the company's expansion into new semiconductor segments could reduce reliance on a single market and support more balanced growth going forward.

Can AEHR Turn AI Processor Tests Into Long-Term Revenue Streams?

Zacks Investment Research · 7 Sept 2026positive

Aehr's AI testing business is gaining momentum, driven by major orders and new customer opportunities, with the company pursuing a path toward recurring revenues from AI processor testing.

Why it matters — Aehr watchers would care because growth in the AI testing segment and major orders could signal a shift toward steadier, recurring revenue streams for the company.

Are Computer and Technology Stocks Lagging Aehr Test Systems (AEHR) This Year?

Zacks Investment Research · 7 Sept 2026neutral

Zacks Investment Research published an article comparing the year-to-date performance of Aehr Test Systems (AEHR) and Fortinet (FTNT) against their respective sectors. The piece examines how the two computer and technology stocks have fared relative to the broader sector so far this year.

Why it matters — AEHR watchers would gain perspective on how the company's stock performance compares to both a peer and its sector year-to-date.

FAQ

Frequently asked questions about AEHR stock

What is the AEHR stock price forecast for 2026-2027?

The 6 Wall Street analysts covering Aehr Test Systems have a median 12-month price target of $120, with estimates ranging from $110 to $175. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is AEHR stock a buy right now?

Of the 6 analysts covering Aehr Test Systems, 6 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Aehr Test Systems 13 out of 100 across roughly 4,600 US stocks as at 19 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank AEHR?

As at 19 Sept 2026, Aehr Test Systems ranks 13 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Momentum (94 of 100).

Will AEHR stock go up?

No one can know that. What the data says: the median 12-month target from 6 analysts implies +28.4% from the last close, and Ticker Nerd's factor model ranks Aehr Test Systems 13 out of 100 as at 19 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the AEHR stock forecast for 2030?

No analyst covering Aehr Test Systems publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for AEHR are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $110 to $175 over the next 12 months.

How has AEHR stock performed over the past year?

Aehr Test Systems returned +205.8% over the 12 months to 18 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Aehr Test Systems do?

Aehr Test Systems, Inc. is a semiconductor test and burn-in equipment company that develops and markets solutions for validating the reliability of integrated circuits and related devices.

What is the latest news on AEHR?

The most recent item we track (The Motley Fool, 19 Sept 2026): "Better Artificial Intelligence Stock: Aehr Test Systems vs. KLA Corporation". A Motley Fool article compares Aehr Test Systems, which provides specialized stress-testing equipment for the silicon carbide and AI memory markets, with KLA Corporation, a dominant player in semiconductor inspection and metrology. The piece highlights differences in their market positions and financial profiles.

Company

About Aehr Test Systems.

Aehr Test Systems, Inc. is a semiconductor test and burn-in equipment company that develops and markets solutions for validating the reliability of integrated circuits and related devices. Aehr Test Systems focuses on wafer-level, singulated die, and package-level testing for applications across power semiconductors, memory, logic, optical, and sensor devices. Its product portfolio includes full-wafer test and burn-in systems, contactors, carriers, aligners, and related support equipment used by semiconductor manufacturers to screen devices before they enter production use. The company serves customers across major technology regions, including North America, Asia, Europe, and the Middle East, and operates as a specialized supplier within the semiconductor capital equipment market. Aehr Test Systems is headquartered in Fremont, California.

CEO Mr. Gayn Erickson · 138 employees · United States · https://www.aehr.com