Currently, there are 49.39M common shares owned by the public and among those 46.66M shares have been available to trade.
The company’s stock has a 5-day price change of 39.76% and -33.18% over the past three months. AAOI shares are trading -40.02% year to date (YTD), with the 12-month market performance up to 55.05% higher. It has a 12-month low price of $6.70 and touched a high of $44.50 over the same period. AAOI has an average intraday trading volume of 3.73 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.86%, -16.80%, and 13.16% respectively.
Institutional ownership of Applied Optoelectronics Inc (NASDAQ: AAOI) shares accounts for 62.37% of the company’s 49.39M shares outstanding.
It has a market capitalization of $1.10B and a beta (3y monthly) value of 2.55. The earnings-per-share (ttm) stands at -$4.29. Price movements for the stock have been influenced by the stock’s volatility, which stands at 12.96% over the week and 14.16% over the month.
Earnings per share for the fiscal year are expected to increase by 181.64%, and 197.17% over the next financial year.
Looking at the support for the AAOI, a number of firms have released research notes about the stock. B. Riley Securities stated their Neutral rating for the stock in a research note on March 07, 2025, with the firm’s price target at $13. B. Riley Securities coverage for the Applied Optoelectronics Inc (AAOI) stock in a research note released on December 10, 2024 offered a Sell rating with a price target of $14. Raymond James was of a view on September 03, 2024 that the stock is Outperform, while B. Riley Securities gave the stock Neutral rating on February 23, 2024, issuing a price target of $22- $16. Rosenblatt on their part issued Buy rating on January 30, 2024.
