Aehr Test Systems (AEHR) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Aehr Test Systems (AEHR) stock forecast summary
Our AI ranks Aehr Test Systems outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Aehr Test Systems is a small-cap company with a market capitalization of $1.98B. It ranks number 4 by market capitalization among the 9 Instruments For Meas & Testing of Electricity & Elec Signals issuers in our coverage with a current forecast. Its Current Ratio of 10.33x is the highest of the 10 peers that report one. Its D/E Ratio of 0.12x is the lowest of the 9 peers that report one.
For AEHR, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 35.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 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 30.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% 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 ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How AEHR ranks among 5172 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Aehr Test Systems (AEHR) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Instruments For Meas & Testing of Electricity & Elec Signals peers listed below that report each metric.
Valuation & Market
| Metric | AEHR | Rank |
|---|---|---|
| Market Cap | $1.98B | 4/9 |
| P/B Ratio | 9.01x | 2/9 |
| EPS | $-0.23 | – |
| Book Value/Share | $6.73 | – |
| Revenue/Share | $1.53 | – |
| FCF/Share | $-0.16 | – |
Profitability & Margins
| Metric | AEHR | Rank |
|---|---|---|
| ROE | -3.2% | 8/9 |
| ROA | -2.9% | 8/9 |
| ROIC | -6.2% | 8/9 |
| Gross Margin | 35.3% | 6/9 |
| Operating Margin | -28.3% | 8/9 |
| Net Margin | -14.2% | 8/9 |
| EBT Margin | -23.5% | 8/9 |
| Tax Rate | 39.3% | – |
Financial Health
| Metric | AEHR | Rank |
|---|---|---|
| Current Ratio | 10.33x | 1/10 |
| Quick Ratio | 8.01x | 1/10 |
| D/E Ratio | 0.12x | 9/9 |
| Financial Leverage | 1.12x | 9/9 |
| Interest Coverage | -1.6x | 9/9 |
| Working Capital | $167M | 5/10 |
Cash Flow
| Metric | AEHR | Rank |
|---|---|---|
| Operating Cash Flow | -$3M | 8/9 |
| Free Cash Flow | -$5M | 8/8 |
| Capital Spending | -$2M | 2/8 |
| FCF/Sales | -10.8% | 8/8 |
| CapEx/Sales | 4.1% | 3/8 |
Operational Efficiency
| Metric | AEHR | Rank |
|---|---|---|
| Asset Turnover | 0.20x | 8/8 |
| Receivables Turnover | 2.9x | 8/8 |
| Inventory Turnover | 0.8x | 9/9 |
| Fixed Assets Turnover | 5.6x | 8/8 |
| Days Sales Outstanding | 128 days | 1/8 |
| Days Inventory | 467 days | 1/9 |
| Payables Period | 76 days | 2/7 |
| Cash Conversion Cycle | 518 days | 1/6 |
Income Statement
| Metric | AEHR | Rank |
|---|---|---|
| Total Revenue | $50M | 8/8 |
| Operating Income | -$14M | 9/9 |
| Net Income | -$7M | 8/9 |
| R&D Expense | $13M | 4/7 |
| SG&A Expense | $19M | 7/9 |
| Cost of Goods Sold | $32M | 8/9 |
Dividend & Shareholder Information
| Metric | AEHR | Rank |
|---|---|---|
| Shares Outstanding | 33M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $184M | 74.8% of assets |
| Cash & Short-term Investments | $116M | 47.2% of assets |
| Accounts Receivable | $17M | 7.1% of assets |
| Inventory | $41M | 16.8% of assets |
| Total Liabilities | $27M | 11.0% of assets |
| Short-term Debt | $11M | 4.5% of assets |
AEHR quarterly financials and insider trading
Aehr Test Systems (AEHR) industry peers
Companies classified under the same SEC industry code as Aehr Test Systems (Instruments For Meas & Testing of Electricity & Elec Signals): 10 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 |
|---|---|---|
| AEHR Aehr Test Systems | ▲ | $1.98B |
| TER Teradyne, Inc | ▶ | $50.81B |
| VLTO Veralto Corp | ▼ | $25.09B |
| ITRI Itron, Inc. | ▼ | $3.64B |
| ALNT Allient Inc | ▲ | $1.58B |
| TRNS Transcat Inc | ▶ | $752M |
| FEIM Frequency Electronics Inc | ▲ | $735M |
| INTT Intest Corp | ▲ | $160M |
| DAIO Data I/O Corp | ▶ | $27M |
| STAI Scantech Ai Systems Inc. | ▼ | N/A |
Where AEHR sits on the market map
Aehr Test Systems (AEHR) stock news
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Aehr Test Systems (AEHR) stock forecast FAQ
What is the Aehr Test Systems (AEHR) stock forecast?
Our AI ranks Aehr Test Systems outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Aehr Test Systems stock predictions?
For AEHR, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 35.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 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 30.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Aehr Test Systems forecasts updated?
Aehr Test Systems forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Aehr Test Systems's industry peers?
10 issuers in our coverage, AEHR included, share the SEC industry code Instruments For Meas & Testing of Electricity & Elec Signals. The largest are: Teradyne, Inc (TER), Veralto Corp (VLTO), Itron, Inc. (ITRI), Allient Inc (ALNT), Transcat Inc (TRNS), Frequency Electronics Inc (FEIM).
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.