Applied Optoelectronics, Inc. (AAOI) Stock Forecast Oct. 30, 2026
Analysis updated on Oct. 30, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Applied Optoelectronics, Inc. (AAOI) stock forecast summary
This forecast was produced 3 trading days ago and has not been refreshed since; read it as historical, not as a current view.
Applied Optoelectronics, Inc. is a mid-cap company with a market capitalization of $6.70B. It ranks number 34 by market capitalization among the 60 Semiconductors & Related Devices issuers in our coverage with a current forecast.
For AAOI, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 52.0%, measured on 357 forecast dates between 2022-08-12 and 2026-07-31 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 46.0%, measured on 400 forecast dates between 2022-08-12 and 2026-09-30. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.9%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-30 signals)
AAOI price chart and AI forecast
How AAOI ranks among 4891 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Applied Optoelectronics, Inc. (AAOI) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Semiconductors & Related Devices peers listed below that report each metric.
Valuation & Market
| Metric | AAOI | Rank |
|---|---|---|
| Market Cap | $6.70B | 34/60 |
| P/B Ratio | 4.01x | 38/57 |
| EPS | $-0.76 | – |
| Book Value/Share | $19.72 | – |
| Revenue/Share | $7.05 | – |
Profitability & Margins
| Metric | AAOI | Rank |
|---|---|---|
| ROE | -3.4% | 39/45 |
| ROA | -2.5% | 38/44 |
| ROIC | -3.6% | 47/54 |
| Gross Margin | 28.9% | 46/57 |
| Operating Margin | -11.3% | 50/57 |
| Net Margin | -9.6% | 41/45 |
| EBT Margin | -10.6% | 49/57 |
| Tax Rate | 9.7% | – |
Financial Health
| Metric | AAOI | Rank |
|---|---|---|
| Current Ratio | 2.78x | 33/56 |
| Quick Ratio | 2.13x | 28/54 |
| D/E Ratio | 0.38x | 35/59 |
| Financial Leverage | 1.38x | 36/57 |
| Interest Coverage | -12.7x | 44/46 |
| Working Capital | $761M | 37/56 |
Cash Flow
| Metric | AAOI | Rank |
|---|---|---|
| Operating Cash Flow | -$132M | 55/57 |
Operational Efficiency
| Metric | AAOI | Rank |
|---|---|---|
| Asset Turnover | 0.26x | 49/54 |
| Receivables Turnover | 1.9x | 51/51 |
| Inventory Turnover | 1.5x | 50/53 |
| Fixed Assets Turnover | 0.8x | 51/53 |
| Days Sales Outstanding | 192 days | 1/51 |
| Days Inventory | 240 days | 4/53 |
| Payables Period | 246 days | 2/51 |
| Cash Conversion Cycle | 186 days | 15/47 |
Income Statement
| Metric | AAOI | Rank |
|---|---|---|
| Total Revenue | $596M | 45/56 |
| Operating Income | -$67M | 53/57 |
| Net Income | -$57M | 43/45 |
| R&D Expense | $108M | 42/55 |
| SG&A Expense | $164M | 39/56 |
| Cost of Goods Sold | $424M | 41/57 |
Dividend & Shareholder Information
| Metric | AAOI | Rank |
|---|---|---|
| Shares Outstanding | 85M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $1.19B | 51.7% of assets |
| Cash & Short-term Investments | $500M | 21.7% of assets |
| Accounts Receivable | $314M | 13.6% of assets |
| Inventory | $279M | 12.1% of assets |
| Total Liabilities | $633M | 27.5% of assets |
| Short-term Debt | $142M | 6.2% of assets |
AAOI quarterly financials and insider trading
Applied Optoelectronics, Inc. (AAOI) industry peers
Companies classified under the same SEC industry code as Applied Optoelectronics, Inc. (Semiconductors & Related Devices): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| AAOI Applied Optoelectronics, Inc. | $6.70B | |
| NVDA Nvidia Corp | $4.87T | |
| AVGO Broadcom Inc. | $1.59T | |
| AMD Advanced Micro Devices Inc | $789.95B | |
| INTC Intel Corp | $321.82B | |
| AMAT Applied Materials Inc /De | $303.09B | |
| TXN Texas Instruments Inc | $275.82B | |
| ARM Arm Holdings Plc /Uk | $244.33B | |
| ADI Analog Devices Inc | $203.42B | |
| MRVL Marvell Technology, Inc. | $191.46B | |
| ASX Ase Technology Holding Co., Ltd. | $85.95B | |
| MPWR Monolithic Power Systems, Inc. | $65.28B | |
| NXPI Nxp Semiconductors N.V. | $64.74B | |
| ALAB Astera Labs, Inc. | $44.88B | |
| MCHP Microchip Technology Inc | $42.30B | |
| STM Stmicroelectronics N.V. | $41.54B | |
| CRDO Credo Technology Group Holding Ltd | $28.38B | |
| ON On Semiconductor Corp | $27.90B | |
| Q Qnity Electronics, Inc. | $24.14B | |
| GFS Globalfoundries Inc. | $23.83B | |
| CBRS Cerebras Systems Inc. | $23.24B | |
| FSLR First Solar, Inc. | $19.01B | |
| MTSI Macom Technology Solutions Holdings, Inc. | $17.90B | |
| TSEM Tower Semiconductor Ltd | $17.42B | |
| LSCC Lattice Semiconductor Corp | $15.04B | |
| NXT Nextpower Inc. | $13.83B | |
| SITM Sitime Corp | $13.15B | |
| SWKS Skyworks Solutions, Inc. | $12.82B | |
| SMTC Semtech Corp | $11.33B | |
| AMKR Amkor Technology, Inc. | $9.76B | |
| RMBS Rambus Inc | $9.04B | |
| VIAV Viavi Solutions Inc. | $8.22B | |
| FORM Formfactor Inc | $7.56B | |
| SLAB Silicon Laboratories Inc. | $7.41B | |
| ALGM Allegro Microsystems, Inc. | $6.28B | |
| MXL Maxlinear, Inc | $6.14B | |
| CRUS Cirrus Logic, Inc. | $5.63B | |
| SYNA Synaptics Inc | $4.59B | |
| ENPH Enphase Energy, Inc. | $4.03B | |
| DIOD Diodes Inc /Del/ | $3.88B | |
| KLIC Kulicke & Soffa Industries Inc | $3.79B | |
| AXTI Axt Inc | $3.61B | |
| OSIS Osi Systems Inc | $3.17B | |
| IPGP Ipg Photonics Corp | $3.17B | |
| PENG Penguin Solutions, Inc. | $2.86B | |
| AMBA Ambarella Inc | $2.74B | |
| NLST Netlist Inc | $2.60B | |
| POWI Power Integrations Inc | $2.45B | |
| UCTT Ultra Clean Holdings, Inc. | $2.12B | |
| LASR Nlight, Inc. | $2.11B | |
| NVTS Navitas Semiconductor Corp | $1.87B | |
| HIMX Himax Technologies, Inc. | $1.86B | |
| SEDG Solaredge Technologies, Inc. | $1.86B | |
| PLAB Photronics Inc | $1.63B | |
| ICHR Ichor Holdings, Ltd. | $1.37B | |
| SHLS Shoals Technologies Group, Inc. | $1.28B | |
| WOLF Wolfspeed, Inc. | $1.10B | |
| AMBQ Ambiq Micro, Inc. | $1.05B | |
| AIP Arteris, Inc. | $924M | |
| TE T1 Energy Inc. | $842M |
Where AAOI sits on the market map
Applied Optoelectronics, Inc. (AAOI) stock news
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Applied Optoelectronics, Inc. (AAOI) stock forecast FAQ
What is the Applied Optoelectronics, Inc. (AAOI) stock forecast?
This forecast was produced 3 trading days ago and has not been refreshed since; read it as historical, not as a current view.
How accurate are Applied Optoelectronics, Inc. stock predictions?
For AAOI, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 52.0%, measured on 357 forecast dates between 2022-08-12 and 2026-07-31 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 46.0%, measured on 400 forecast dates between 2022-08-12 and 2026-09-30. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Applied Optoelectronics, Inc. forecasts updated?
Applied Optoelectronics, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 30, 2026.
Which companies are Applied Optoelectronics, Inc.'s industry peers?
60 issuers in our coverage, AAOI included, share the SEC industry code Semiconductors & Related Devices. The largest are: Nvidia Corp (NVDA), Broadcom Inc. (AVGO), Advanced Micro Devices Inc (AMD), Intel Corp (INTC), Applied Materials Inc /De (AMAT), Texas Instruments Inc (TXN).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.