Advanced Energy Industries (NASDAQ:AEIS) Shares Gap Up After Better-Than-Expected Earnings

Posted by Brian Himes on Aug 4th, 2026

Advanced Energy Industries, Inc. (NASDAQ:AEIS – Get Free Report)’s share price gapped up before the market opened on Tuesday following a better than expected earnings announcement. The stock had previously closed at $296.38, but opened at $337.27. Advanced Energy Industries shares last traded at $332.9750, with a volume of 197,338 shares traded.

The electronics maker reported $2.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.21 by $0.53. Advanced Energy Industries had a return on equity of 17.99% and a net margin of 10.00%.The business had revenue of $574.10 million for the quarter, compared to analyst estimates of $544.41 million. During the same quarter in the previous year, the company posted $1.50 earnings per share. The company’s revenue for the quarter was up 30.0% compared to the same quarter last year. Advanced Energy Industries has set its Q3 2026 guidance at 2.750-3.250 EPS.

Trending Headlines about Advanced Energy Industries

Here are the key news stories impacting Advanced Energy Industries this week:

Positive Sentiment: Strong Q2 results: AEIS reported adjusted earnings of $2.74 per share, exceeding the consensus estimate of approximately $2.19-$2.21, while revenue rose 30% year over year to $574.1 million, above expectations of roughly $544 million. EPS also increased from $1.50 in the year-ago quarter. Advanced Energy Reports Second Quarter 2026 Results
Positive Sentiment: Raised Q3 outlook: Management guided for third-quarter EPS of $2.75-$3.25, versus the $2.34 analyst consensus, and revenue of $620 million-$660 million, compared with expectations of $569.8 million. The company said demand is strengthening across its markets and that Q2 revenue and EPS exceeded the high end of its guidance. Advanced Energy Industries Q2 Earnings and Revenues Beat Estimates
Positive Sentiment: Analyst confidence improved: Morgan Stanley raised its price target from $421 to $439 and assigned an “overweight” rating, implying approximately 48% potential upside from the referenced price. Needham reaffirmed its “buy” rating and set a $400 target, implying roughly 35% upside. Analyst rating updates via Benzinga
Neutral Sentiment: Despite the earnings momentum, AEIS trades at a relatively elevated valuation, with a reported P/E ratio of 62.4. Investors may therefore remain sensitive to execution and whether elevated growth expectations are sustained.

Analyst Ratings Changes

Several analysts have recently weighed in on AEIS shares. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Energy Industries in a report on Tuesday. Zacks Research raised shares of Advanced Energy Industries from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 30th. Wall Street Zen upgraded shares of Advanced Energy Industries from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. TD Cowen reaffirmed a “hold” rating on shares of Advanced Energy Industries in a report on Tuesday. Finally, Weiss Ratings cut Advanced Energy Industries from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Advanced Energy Industries has a consensus rating of “Moderate Buy” and a consensus target price of $405.75.

Get Our Latest Stock Analysis on AEIS

Institutional Investors Weigh In On Advanced Energy Industries

Several institutional investors and hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC raised its position in Advanced Energy Industries by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 956,979 shares of the electronics maker’s stock worth $200,393,000 after acquiring an additional 28,549 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Advanced Energy Industries by 2.2% in the second quarter. Bank of America Corp DE now owns 946,649 shares of the electronics maker’s stock valued at $125,431,000 after purchasing an additional 20,573 shares in the last quarter. Norges Bank acquired a new stake in shares of Advanced Energy Industries in the fourth quarter valued at approximately $123,403,000. Franklin Resources Inc. increased its stake in shares of Advanced Energy Industries by 55.4% during the 4th quarter. Franklin Resources Inc. now owns 487,494 shares of the electronics maker’s stock worth $102,067,000 after purchasing an additional 173,836 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. raised its position in shares of Advanced Energy Industries by 1,734.1% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 427,674 shares of the electronics maker’s stock worth $89,542,000 after purchasing an additional 404,356 shares during the last quarter. 99.67% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Energy Industries Trading Up 12.3%

The business has a 50 day moving average of $319.84 and a 200-day moving average of $320.77. The stock has a market cap of $12.66 billion, a PE ratio of 70.30, a price-to-earnings-growth ratio of 1.22 and a beta of 1.29.

Advanced Energy Industries Company Profile

(Get Free Report)

Advanced Energy Industries, Inc is a global technology company specializing in precision power conversion, measurement, and control solutions. The company designs and manufactures a broad portfolio of products including high-voltage power supplies, RF and microwave generators, digital power controllers, reactive gas control systems, and thin film measurement instruments. These solutions enable advanced processes in semiconductor fabrication, flat panel display manufacturing, industrial coating, data storage, telecommunications and medical device production.

Founded in 1981 and headquartered in Fort Collins, Colorado, Advanced Energy has grown through strategic product development and international expansion.