Applied Optoelectronics shares surge 17.13% intraday as Northland raises price target to $35, citing Houston automation and new AI laser orders.

Friday, Feb 6, 2026 2:15 pm ET1min read
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Applied Optoelectronics surged 17.13% intraday following a Northland Capital Markets upgrade, which raised its price target to $35 from $30, citing strengths in automation and InP laser technology. The firm highlighted the company’s advanced manufacturing capabilities and product innovation, including a new 400-milliwatt laser for AI data centers and a first-volume order for 800G transceivers. These.

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