Citigroup Issues Pessimistic Forecast for Advanced Energy Industries (NASDAQ:AEIS) Stock Price

Posted by George Bondi on Nov 3rd, 2026

Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) had its price objective decreased by equities researchers at Citigroup from $460.00 to $450.00 in a research report issued on Tuesday, Benzinga reports. The brokerage currently has a “buy” rating on the electronics maker’s stock. Citigroup‘s price target indicates a potential upside of 87.77% from the stock’s current price.

AEIS has been the subject of several other reports. Zacks Research lowered Advanced Energy Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, October 23rd. Cantor Fitzgerald reiterated an “overweight” rating on shares of Advanced Energy Industries in a research note on Tuesday. Weiss Ratings restated a “hold (c+)” rating on shares of Advanced Energy Industries in a research note on Wednesday, August 26th. Morgan Stanley reduced their price target on shares of Advanced Energy Industries from $375.00 to $368.00 and set an “overweight” rating for the company in a research report on Tuesday. Finally, Robert W. Baird decreased their price objective on shares of Advanced Energy Industries from $410.00 to $330.00 and set an “outperform” rating on the stock in a research report on Tuesday. Eleven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $377.75.

Check Out Our Latest Stock Report on Advanced Energy Industries

Advanced Energy Industries Trading Up 10.3%

AEIS stock traded up $22.47 during trading on Tuesday, hitting $239.66. The company had a trading volume of 658,582 shares, compared to its average volume of 742,029. Advanced Energy Industries has a one year low of $187.71 and a one year high of $397.44. The business has a 50-day moving average of $265.86 and a 200-day moving average of $307.14. The stock has a market cap of $9.60 billion, a PE ratio of 44.58 and a beta of 1.31. The company has a current ratio of 3.79, a quick ratio of 2.94 and a debt-to-equity ratio of 0.78.

Advanced Energy Industries (NASDAQ:AEIS – Get Free Report) last announced its quarterly earnings data on Monday, November 2nd. The electronics maker reported $3.65 EPS for the quarter, topping the consensus estimate of $3.04 by $0.61. The company had revenue of $696.40 million during the quarter, compared to the consensus estimate of $644.85 million. Advanced Energy Industries had a net margin of 10.77% and a return on equity of 20.75%. The company’s quarterly revenue was up 50.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.74 EPS. Research analysts predict that Advanced Energy Industries will post 9.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, 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 sale, the chief operating officer directly owned 23,109 shares of the company’s stock, valued at approximately $7,290,427.32. This represents a 51.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Elizabeth Vonne sold 908 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $332.68, for a total value of $302,073.44. Following the completion of the transaction, the executive vice president directly owned 10,712 shares in the company, valued at $3,563,668.16. This trade represents a 7.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 27,218 shares of company stock valued at $8,562,008 in the last quarter. 1.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Pictet Asset Management Holding SA grew its stake in Advanced Energy Industries by 1.3% during the third quarter. Pictet Asset Management Holding SA now owns 6,352 shares of the electronics maker’s stock valued at $1,790,000 after acquiring an additional 84 shares in the last quarter. Alps Advisors Inc. purchased a new stake in Advanced Energy Industries during the 3rd quarter valued at $643,000. CenterBook Partners LP raised its stake in shares of Advanced Energy Industries by 32.3% in the third quarter. CenterBook Partners LP now owns 44,006 shares of the electronics maker’s stock valued at $12,402,000 after acquiring an additional 10,754 shares during the period. Kestra Advisory Services LLC boosted its position in shares of Advanced Energy Industries by 2.4% during the third quarter. Kestra Advisory Services LLC now owns 2,984 shares of the electronics maker’s stock valued at $841,000 after buying an additional 71 shares during the period. Finally, Chicago Partners Investment Group LLC increased its stake in Advanced Energy Industries by 48.5% in the third quarter. Chicago Partners Investment Group LLC now owns 2,235 shares of the electronics maker’s stock worth $484,000 after purchasing an additional 730 shares during the period. Hedge funds and other institutional investors own 99.67% of the company’s stock.

Advanced Energy Industries News Summary

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

Positive Sentiment: Third-quarter adjusted earnings reached $3.65 per share, well above the $3.04 analyst consensus and more than double the $1.74 reported a year earlier. Revenue rose 50.3% year over year to $696.4 million, exceeding expectations of $644.85 million. Advanced Energy third-quarter earnings report
Positive Sentiment: Advanced Energy guided for fourth-quarter earnings of $3.60–$4.20 per share and revenue of $710 million–$760 million, both above Wall Street estimates of $3.31 and $693.2 million, respectively.
Positive Sentiment: Management raised its 2026 revenue-growth outlook to approximately 40%, citing accelerating demand from semiconductor customers and AI data centers. Record sales and operating leverage also drove a sharp improvement in profitability. AEIS Q3 earnings call highlights
Neutral Sentiment: Morgan Stanley maintained an “overweight” rating while lowering its price target to $368 from $375. Robert W. Baird also retained an “outperform” rating but reduced its target to $330 from $410, indicating analysts remain bullish despite more cautious valuation assumptions.
Negative Sentiment: TD Cowen downgraded its outlook to “hold” and cut its price target sharply to $275 from $370. The target reductions suggest some analysts believe the strong earnings outlook is already partly reflected in AEIS’s valuation.

About Advanced Energy Industries

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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.