Applied Optoelectronics Inc Shares Rise 3.52% Amid Bullish Sentiment

Shares of Applied Optoelectronics Inc (AAOI) rose 3.52% on July 9, reaching an intraday high of $28.86 and settling at $27.83. The stock is 37.47% below its 52-week high of $44.50 and 315.30% above its 52-week low of $6.70. Analysts forecast an average target price of $30.40, with an upside of 9.25% from the current price. The estimated GF Value for AAOI in one year is $18.59, suggesting a downside of 33.19% from the current price.

Shares of Applied Optoelectronics Inc (AAOI) rose 3.52% on July 9, reaching an intraday high of $28.86 and settling at $27.83. The stock is 37.47% below its 52-week high of $44.50 and 315.30% above its 52-week low of $6.70. Analysts forecast an average target price of $30.40, with an upside of 9.25% from the current price. The estimated GF Value for AAOI in one year is $18.59, suggesting a downside of 33.19% from the current price.

The surge in AAOI's stock price can be attributed to several factors. China Universal Asset Management Co. Ltd. lifted its stake in AAOI by 31.1% during the first quarter, according to its latest filing with the SEC [1]. The fund owned 40,000 shares of AAOI's stock after acquiring an additional 9,500 shares during the quarter. China Universal Asset Management Co. Ltd. owned 0.07% of AAOI worth $614,000 at the end of the most recent reporting period.

Institutional investors have also shown significant interest in AAOI. Vanguard Group Inc. increased its position in shares of AAOI by 11.0% in the fourth quarter. Vanguard Group Inc. now owns 2,429,418 shares of the semiconductor company's stock valued at $89,548,000 after purchasing an additional 241,594 shares during the last quarter [1]. Other institutional investors, such as SG Americas Securities LLC, Emerald Advisers LLC, Intech Investment Management LLC, and Polymer Capital Management HK LTD, have also increased their stakes in AAOI [1].

Analysts have also upgraded their ratings on AAOI. Wolfe Research assumed coverage on shares of AAOI and issued a "peer perform" rating on the stock [2]. Raymond James Financial cut their price objective on AAOI from $20.00 to $18.00 and set an "outperform" rating on the stock [2]. Rosenblatt Securities boosted their price objective on AAOI from $30.00 to $34.00 and gave the stock a "buy" rating [2]. Northland Securities upped their target price on shares of AAOI to $50.00 and gave the company a "buy" rating [2].

Despite the positive sentiment, AAOI's stock has been volatile. The company has a market capitalization of $1.49 billion, a PE ratio of -6.96, and a beta of 2.78. The firm's fifty-day simple moving average is $19.25 and its 200-day simple moving average is $21.82. AAOI has a 1-year low of $6.70 and a 1-year high of $44.50. The company has a current ratio of 1.88, a quick ratio of 1.34, and a debt-to-equity ratio of 0.47.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-china-universal-asset-management-co-ltd-raises-stock-position-in-applied-optoelectronics-inc-nasdaqaaoi-2025-07-09/
[2] https://www.nasdaq.com/articles/new-analyst-forecast-aaoi-given-peer-perform-rating