Advanced Energy Industries (NASDAQ:AEIS) Price Target Raised to $255.00

Advanced Energy Industries (NASDAQ:AEIS) had its price target hoisted by Citigroup from $167.00 to $255.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the electronics maker’s stock. Citigroup’s price objective indicates a potential upside of 19.84% from the stock’s previous close.

AEIS has been the subject of a number of other reports. Benchmark lifted their price target on Advanced Energy Industries from $150.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. KeyCorp raised their target price on Advanced Energy Industries from $195.00 to $240.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 5th. Zacks Research raised Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Advanced Energy Industries in a report on Wednesday, October 8th. Finally, Cowen restated a “hold” rating on shares of Advanced Energy Industries in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Advanced Energy Industries currently has an average rating of “Moderate Buy” and a consensus price target of $212.00.

Advanced Energy Industries Stock Down 1.5%

NASDAQ AEIS traded down $3.19 on Wednesday, hitting $212.79. 596,471 shares of the stock were exchanged, compared to its average volume of 383,454. Advanced Energy Industries has a fifty-two week low of $75.01 and a fifty-two week high of $232.05. The company has a 50-day moving average price of $181.84 and a 200-day moving average price of $149.62. The company has a quick ratio of 2.97, a current ratio of 4.09 and a debt-to-equity ratio of 0.45. The company has a market cap of $8.03 billion, a PE ratio of 96.29, a PEG ratio of 1.65 and a beta of 1.60.

Advanced Energy Industries (NASDAQ:AEIS) last announced its quarterly earnings data on Tuesday, November 4th. The electronics maker reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.27. The business had revenue of $463.30 million for the quarter, compared to analyst estimates of $441.54 million. Advanced Energy Industries had a net margin of 5.13% and a return on equity of 12.38%. The company’s revenue was up 23.8% on a year-over-year basis. During the same period last year, the business earned $0.98 EPS. Advanced Energy Industries has set its Q4 2025 guidance at 1.500-2.000 EPS. Sell-side analysts anticipate that Advanced Energy Industries will post 3.66 EPS for the current fiscal year.

Hedge Funds Weigh In On Advanced Energy Industries

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Cerity Partners LLC grew its position in Advanced Energy Industries by 215.3% during the first quarter. Cerity Partners LLC now owns 11,195 shares of the electronics maker’s stock worth $1,067,000 after buying an additional 7,644 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Advanced Energy Industries during the 1st quarter worth approximately $363,000. Blair William & Co. IL acquired a new stake in shares of Advanced Energy Industries in the 2nd quarter worth approximately $253,000. US Bancorp DE grew its holdings in shares of Advanced Energy Industries by 67.6% in the 2nd quarter. US Bancorp DE now owns 8,142 shares of the electronics maker’s stock worth $1,079,000 after acquiring an additional 3,285 shares during the period. Finally, Nuveen LLC purchased a new position in Advanced Energy Industries in the 1st quarter valued at approximately $9,770,000. Hedge funds and other institutional investors own 99.67% of the company’s stock.

About Advanced Energy Industries

Advanced Energy Industries, Inc provides precision power conversion, measurement, and control solutions in the United States and internationally. The company's plasma power products offer solutions to enable innovation for semiconductor and thin film plasma processes, such as dry etch and deposition.