Aehr Test Systems (NASDAQ:AEHR) Stock Gets Price Target Trim from Jefferies Financial Group

Posted by Stanley Muller on Nov 6th, 2026

Aehr Test Systems (NASDAQ:AEHR – Free Report) had its price target lowered by Jefferies Financial Group from $175.00 to $140.00 in a research report report published on Tuesday,Benzinga reports. Jefferies Financial Group currently has a buy rating on the semiconductor company’s stock.

AEHR has been the subject of several other research reports. Oppenheimer started coverage on shares of Aehr Test Systems in a report on Thursday, September 10th. They issued an “outperform” rating and a $120.00 target price for the company. Freedom Capital raised Aehr Test Systems from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. 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 restated a “sell (e+)” rating on shares of Aehr Test Systems in a research report on Tuesday, October 27th. Finally, Zacks Research lowered Aehr Test Systems from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $118.75.

Check Out Our Latest Stock Report on Aehr Test Systems

Aehr Test Systems Trading Down 19.2%

Shares of AEHR opened at $49.16 on Tuesday. Aehr Test Systems has a 1-year low of $18.70 and a 1-year high of $147.40. The firm has a 50-day simple moving average of $80.50 and a two-hundred day simple moving average of $74.37.

Aehr Test Systems (NASDAQ:AEHR – Get Free Report) last released its quarterly earnings results on Monday, November 2nd. The semiconductor company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.17. Aehr Test Systems had a negative net margin of 14.25% and a negative return on equity of 3.83%. The business had revenue of $33.01 million for the quarter, compared to the consensus estimate of $27.53 million. As a group, research analysts expect that Aehr Test Systems will post 0.45 EPS for the current fiscal year.

Insider Activity at Aehr Test Systems

In other news, EVP Alberto Salamone sold 9,672 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $127.72, for a total value of $1,235,307.84. Following the completion of the transaction, the executive vice president owned 41,962 shares of the company’s stock, valued at approximately $5,359,386.64. This trade represents a 18.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Howard T. Slayen sold 5,700 shares of Aehr Test Systems stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $133.03, for a total transaction of $758,271.00. Following the completion of the transaction, the director owned 140,667 shares of the company’s stock, valued at $18,712,931.01. This trade represents a 3.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 87,475 shares of company stock valued at $11,459,240. 4.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On Aehr Test Systems

Hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in shares of Aehr Test Systems in the second quarter worth $255,476,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Aehr Test Systems during the second quarter worth $64,433,000. AWM Investment Company Inc. purchased a new stake in shares of Aehr Test Systems during the second quarter worth $36,004,000. Bard Associates Inc. purchased a new stake in shares of Aehr Test Systems during the second quarter worth $15,072,000. Finally, Penn Capital Management Company LLC acquired a new stake in shares of Aehr Test Systems in the second quarter valued at $14,476,000. 69.69% of the stock is currently owned by institutional investors and hedge funds.

Aehr Test Systems News Summary

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

Positive Sentiment: Aehr reported earnings of $0.28 per share, above the $0.11 analyst consensus, and revenue of $33.01 million, ahead of the $27.53 million estimate. The company also swung to a profit and raised guidance, prompting an initial rally in the shares. MarketWatch earnings report
Positive Sentiment: Management cited demand tied to AI-related applications as a growth driver. That demand, alongside the earnings beat and higher outlook, supports the longer-term business case. Seeking Alpha article on AI demand
Neutral Sentiment: AEHR initially surged following the results, but has since given back some gains. The reversal may reflect profit-taking after the sharp move, alongside investors weighing the improved outlook against analyst valuation concerns. Article on shares gapping up
Negative Sentiment: Jefferies Financial Group cut its price target, and other coverage noted lower valuation assumptions. These reductions could temper enthusiasm despite the strong quarterly results and raised guidance. Article on Jefferies price-target cut

Aehr Test Systems Company Profile

(Get Free Report)

Aehr Test Systems (NASDAQ: AEHR) develops and manufactures test and burn-in equipment used to qualify and screen semiconductor devices. Its systems are designed to identify manufacturing defects and reliability issues before chips are shipped to customers, helping semiconductor manufacturers improve production yields and product quality.

The company’s product portfolio includes the FOX family of semiconductor test systems, including the FOX-XP, FOX-NP and FOX-1P platforms. Aehr also provides wafer contactors, DiePak carriers and related test fixtures and software.