Aehr Test Projects FY2027 Revenue Up 200% on AI Demand, Q4 Beats
AEHR has more than doubled off its 52-week low of $12.93.
Summary
Aehr Test Systems reported fiscal Q4 revenue of $18.84M, slightly above consensus, with adjusted net income swinging to a $3.55M profit versus an expected loss. The company achieved record quarterly bookings of $60.7M and an effective backlog of $100.6M, driven by accelerating demand from its lead hyperscale AI customer and growth in silicon photonics and silicon carbide power semiconductors. Management guided for fiscal 2027 revenue of $130M-$150M, a 160%-200% jump, with non-GAAP net income margins of 18%-22%. This outlook dramatically exceeds the prior year's depressed results and signals a sharp inflection in demand for its wafer-level test and burn-in systems. The guidance follows a period of heavy insider selling and ATM equity raises, making the revenue acceleration a critical test of execution. With the stock trading well above the median analyst price target of $68, the market is already pricing in a significant recovery, but the magnitude of the guidance could force upward revisions.
At the time of this announcement, AEHR was trading at $90.17 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.3B. The 52-week trading range was $12.93 to $126.62. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.