Advanced Energy Industries, Inc. (NASDAQ:AEIS – Get Free Report) gapped up before the market opened on Tuesday following a better than expected earnings announcement. The stock had previously closed at $217.19, but opened at $232.64. Advanced Energy Industries shares last traded at $239.4640, with a volume of 172,171 shares traded.
The electronics maker reported $3.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.04 by $0.61. The firm had revenue of $696.40 million for the quarter, compared to analyst estimates of $644.85 million. Advanced Energy Industries had a return on equity of 20.75% and a net margin of 10.77%. The company’s revenue was up 50.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.74 EPS.
Key Advanced Energy Industries News
Here are the key news stories impacting Advanced Energy Industries this week:
- Positive Sentiment: Advanced Energy reported third-quarter EPS of $3.65, versus the $3.04 consensus estimate, while revenue reached $696.4 million, ahead of the $644.85 million forecast. Revenue increased 50.3% year over year, and EPS more than doubled from $1.74 a year earlier. Advanced Energy Industries quarterly earnings report
- Positive Sentiment: Management issued fourth-quarter guidance above Wall Street expectations, forecasting EPS of $3.60-$4.20 versus the $3.31 consensus and revenue of $710 million-$760 million versus the $693.2 million estimate. This suggests momentum is continuing into the next quarter.
- Positive Sentiment: Record sales in chip equipment and data-center markets, combined with costs growing more slowly than revenue, significantly improved operating leverage and margins. Management said revenue grew sequentially and year over year across all of its markets. Advanced Energy Reports Third Quarter 2026 Results
- Neutral Sentiment: Robert W. Baird lowered its price target from $410 to $330 but maintained an “outperform” rating. The revised target still implies substantial potential upside from the referenced $217.19 price, indicating confidence in the business but a more cautious valuation view. Robert W. Baird Advanced Energy Industries rating
- Negative Sentiment: The target reduction may temper enthusiasm because it signals that Baird sees less near-term valuation upside than previously expected, even though the analyst remains bullish.
Analyst Upgrades and Downgrades
AEIS has been the topic of several analyst reports. Morgan Stanley set a $375.00 price target on shares of Advanced Energy Industries in a report on Monday, October 26th. Needham & Company LLC reiterated a “buy” rating and set a $400.00 target price on shares of Advanced Energy Industries in a research report on Tuesday, August 4th. Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Energy Industries in a research note on Wednesday, August 26th. Seaport Research Partners raised shares of Advanced Energy Industries from a “neutral” rating to a “buy” rating and set a $410.00 price target for the company in a research report on Tuesday, August 4th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Advanced Energy Industries in a research report on Tuesday, September 22nd. Eleven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Advanced Energy Industries has an average rating of “Moderate Buy” and a consensus price target of $387.08.
Read Our Latest Analysis on Advanced Energy Industries
Insiders Place Their Bets
In other Advanced Energy Industries news, EVP Elizabeth Vonne sold 632 shares of the stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $288.14, for a total transaction of $182,104.48. Following the completion of the transaction, the executive vice president directly owned 9,177 shares in the company, valued at $2,644,260.78. This represents a 6.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Eduardo Acebedo sold 24,771 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $315.48, for a total value of $7,814,755.08. Following the transaction, the chief operating officer owned 23,109 shares of the company’s stock, valued at $7,290,427.32. This represents a 51.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 27,218 shares of company stock worth $8,562,008 over the last quarter. Company insiders own 1.30% of the company’s stock.
Institutional Investors Weigh In On Advanced Energy Industries
Hedge funds have recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Advanced Energy Industries in the second quarter valued at about $27,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Advanced Energy Industries during the first quarter worth about $29,000. Root Financial Partners LLC raised its position in shares of Advanced Energy Industries by 33.3% during the first quarter. Root Financial Partners LLC now owns 108 shares of the electronics maker’s stock worth $35,000 after purchasing an additional 27 shares during the period. Fortitude Family Office LLC lifted its holdings in shares of Advanced Energy Industries by 286.2% during the 3rd quarter. Fortitude Family Office LLC now owns 112 shares of the electronics maker’s stock valued at $32,000 after purchasing an additional 83 shares in the last quarter. Finally, Meeder Asset Management Inc. bought a new position in shares of Advanced Energy Industries during the 2nd quarter valued at about $42,000. Institutional investors and hedge funds own 99.67% of the company’s stock.
Advanced Energy Industries Price Performance
The company has a current ratio of 3.79, a quick ratio of 2.94 and a debt-to-equity ratio of 0.78. The company has a fifty day moving average price of $265.86 and a two-hundred day moving average price of $307.14. The firm has a market cap of $9.52 billion, a P/E ratio of 44.33 and a beta of 1.31.
Advanced Energy Industries Company Profile
Advanced Energy Industries, Inc develops and manufactures precision power-conversion, measurement and control technologies. Its products are designed to regulate, transform and deliver electrical power with high levels of accuracy and reliability in demanding industrial applications.
The company’s portfolio includes direct-current and alternating-current power supplies, radio-frequency power systems, high-voltage power supplies, thermal-management equipment, power control modules, and measurement and control instruments.
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