AEHRTechnology · Semiconductor Equipment & MaterialsThe 6 Wall Street analysts covering Aehr Test Systems hold a median 12-month price target of $120 — +97.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 16 of 100 as at 4 Nov 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.
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.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Growth (82): Sales and profits are climbing, and climbing faster than before.
Volatility (1): The share price moves around a lot.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on AEHR, reported as data — targets and ratings, the market's view beside the model's.
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
The green dot is the last close — the median target sits +97.2% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 10 Sept 2026 | Oppenheimer | Initiates | Outperform | $120 |
| 14 Aug 2026 | Jefferies | Initiates | Buy | $175 |
| 14 Aug 2026 | Jefferies | Initiates | Buy | — |
| 5 Mar 2026 | Freedom Broker | Maintains | Hold | — |
| 5 Mar 2026 | Freedom Broker | Maintains | Hold | $24 → $38 |
| 2 Mar 2026 | William Blair | Upgrade | Outperform | — |
| 2 Mar 2026 | William Blair | Upgrade | Outperform | — |
| 13 Feb 2026 | Freedom Broker | Maintains | Hold | — |
| 13 Jan 2026 | Freedom Broker | Maintains | Hold | — |
| 9 Jan 2026 | Craig-Hallum | Maintains | Hold | — |
| 17 Dec 2025 | Lake Street | Initiates | Buy | — |
| 14 Oct 2025 | Freedom Broker | Maintains | Hold | — |
| 26 Mar 2024 | Craig-Hallum | Downgrade | Hold | — |
| 25 Mar 2024 | William Blair | Downgrade | Market Perform | — |
| 17 Oct 2022 | William Blair | Initiates | Outperform | — |
| 10 Oct 2016 | Craig-Hallum | Initiates | Buy | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
AEHR appears in the Radar on the weeks it earns a place.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 4 Nov 2026, Aehr Test Systems returned +145.3% against +14.8% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 38% of US stocks
Cheaper than 5% of US stocks
Cheaper than 9% of US stocks
Cheaper than 97% of US stocks
Higher than 79% of US stocks
Higher than 68% of US stocks
Higher than 53% of US stocks
Higher than 26% of US stocks
Higher than 17% of US stocks
Higher than 40% of US stocks
Higher than 33% of US stocks
Higher than 1% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
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 $1.7B and an enterprise value of $1.6B.
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.
Trailing P/E: 19.8×; forward P/E: 40.6× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of earnings.
Aehr Test Systems employs 138 people — $362K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
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 →
Aehr Test Systems reported Q1 results that beat estimates, with performance attributed to AI semiconductor demand, stronger margins and a rising backlog. The company also raised its revenue outlook.
Why it matters — AEHR watchers may note the reported earnings beat and increased revenue outlook alongside demand and backlog trends.
Aehr Test Systems raised its fiscal 2027 revenue guidance to $150 million. Effective backlog was $109.3 million as of November 1.
Why it matters — The updated revenue guidance and reported backlog provide AEHR watchers with current information on the company’s outlook and orders.
Aehr Test Systems shares rose sharply in pre-market trading after the company reported better-than-expected first-quarter financial results and raised its FY27 sales guidance above estimates.
Why it matters — The results and higher FY27 sales guidance are relevant to AEHR watchers assessing the company’s latest performance and outlook.
Seeking Alpha published a transcript of Aehr Test Systems, Inc.’s Q1 2027 earnings call. The excerpt provides no details about the discussion.
Why it matters — AEHR watchers can note the availability of the earnings-call transcript, though the excerpt does not describe company results or statements.
Aehr Test Systems reported record revenue and sharply higher bookings for its fiscal 2027 first quarter. It cited expanding demand for wafer-level and package-level burn-in systems used in AI, data center, and power-semiconductor applications.
Why it matters — The report highlights stronger bookings and growing demand across applications relevant to Aehr’s burn-in systems.
The 6 Wall Street analysts covering Aehr Test Systems have a median 12-month price target of $120, with estimates ranging from $110 to $140. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
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 16 out of 100 across roughly 4,600 US stocks as at 4 Nov 2026. None of this is personal advice — it does not consider your circumstances.
As at 4 Nov 2026, Aehr Test Systems ranks 16 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 Growth (82 of 100).
No one can know that. What the data says: the median 12-month target from 6 analysts implies +97.2% from the last close, and Ticker Nerd's factor model ranks Aehr Test Systems 16 out of 100 as at 4 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
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 $140 over the next 12 months.
Aehr Test Systems returned +145.3% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.
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.
The most recent item we track (Zacks Investment Research, 3 Nov 2026): "AEHR Q1 Earnings Beat Estimates on AI Demand, Revenue Outlook Raised". Aehr Test Systems reported Q1 results that beat estimates, with performance attributed to AI semiconductor demand, stronger margins and a rising backlog. The company also raised its revenue outlook.
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
