Aehr Test Systems (NASDAQ:AEHR) Stock Price Up 6.6% – Should You Buy?

Posted by Geri Gentry on Aug 12th, 2026

Shares of Aehr Test Systems (NASDAQ:AEHR – Get Free Report) shot up 6.6% on Monday . The stock traded as high as $111.11 and last traded at $109.9040. 630,249 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 2,402,523 shares. The stock had previously closed at $103.07.

More Aehr Test Systems News

Here are the key news stories impacting Aehr Test Systems this week:

Positive Sentiment: Aehr’s recent follow-on order for a FOX-XP multi-wafer production burn-in system from its lead silicon-photonics customer reinforced expectations that it can benefit from demand for AI networking, optical interconnects and chip-to-chip connectivity. The system is expected to ship in the first half of calendar 2027. Aehr Test Systems climbs as investors focus on fresh silicon photonics order and strong backlog
Positive Sentiment: Investor sentiment was also lifted by the company’s latest operating update, which included record quarterly bookings of $60.7 million, an effective backlog of approximately $100.6 million and fiscal 2027 revenue guidance of $130 million to $150 million. These figures provide greater visibility into future growth. Aehr Test Systems surges on strong earnings
Neutral Sentiment: Reported short interest was zero shares, with a zero-day days-to-cover ratio. While this suggests little conventional short-selling pressure, the figures may be incomplete or anomalous and therefore provide limited investment insight.
Negative Sentiment: Vice President Alistair N. Sporck sold 1,000 shares for approximately $108,490, reducing his direct holdings by about 4.25%. The sale followed a broader pattern: company insiders reportedly made no open-market purchases and 47 sales during the past six months. Aehr Test Systems vice president sells 1,000 shares
Negative Sentiment: Commentary cautioned that Aehr’s shares have risen more than 400% this year and now carry a very demanding price-to-sales valuation. That leaves the stock vulnerable to profit-taking or a sharp reaction if orders, growth guidance or execution fall short of expectations. The Biggest Market Movers: Aehr Test Systems Climbs on Strong Earnings

Analysts Set New Price Targets

Several research firms recently issued reports on AEHR. Craig Hallum reaffirmed a “buy” rating and set a $125.00 price target on shares of Aehr Test Systems in a research note on Wednesday, July 15th. Zacks Research raised shares of Aehr Test Systems from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Wall Street Zen upgraded Aehr Test Systems from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Weiss Ratings lowered Aehr Test Systems from a “sell (d)” rating to a “sell (e+)” rating in a research report on Wednesday, July 29th. Finally, Lake Street Capital reiterated a “buy” rating and issued a $110.00 price target on shares of Aehr Test Systems in a research note on Wednesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $117.50.

Read Our Latest Research Report on AEHR

Aehr Test Systems Stock Up 10.3%

The business’s 50 day moving average is $91.69 and its 200-day moving average is $69.64. The firm has a market cap of $3.82 billion, a P/E ratio of -488.23 and a beta of 3.10.

Insider Buying and Selling at Aehr Test Systems

In other news, Director Howard T. Slayen sold 20,000 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $108.30, for a total value of $2,166,000.00. Following the sale, the director owned 146,367 shares in the company, valued at approximately $15,851,546.10. This represents a 12.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Alistair N. Sporck sold 2,000 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $100.96, for a total transaction of $201,920.00. Following the transaction, the vice president directly owned 23,547 shares in the company, valued at $2,377,305.12. The trade was a 7.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 23,000 shares of company stock valued at $2,476,410. 6.80% of the stock is owned by company insiders.

Institutional Trading of Aehr Test Systems

Institutional investors and hedge funds have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new position in shares of Aehr Test Systems in the 4th quarter worth approximately $25,000. Advocate Investing Services LLC acquired a new stake in shares of Aehr Test Systems during the 2nd quarter valued at approximately $26,000. Sunbelt Securities Inc. bought a new position in Aehr Test Systems during the third quarter worth $27,000. State of Wyoming bought a new position in Aehr Test Systems during the second quarter worth $28,000. Finally, KBC Group NV acquired a new position in Aehr Test Systems in the first quarter worth $30,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

About Aehr Test Systems

(Get Free Report)

Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.

The company’s product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens.