Aehr Test Systems (NASDAQ:AEHR) Shares Gap Up – Should You Buy?

25 Jun 2026, 16:05 by Tristan Rich · The Markets Daily

Shares of Aehr Test Systems (NASDAQ:AEHR – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $95.20, but opened at $102.60. Aehr Test Systems shares last traded at $93.9850, with a volume of 243,841 shares trading hands.

Analyst Upgrades and Downgrades

A number of analysts have commented on AEHR shares. Craig Hallum upgraded Aehr Test Systems from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a research report on Wednesday, April 8th. William Blair raised Aehr Test Systems from a “market perform” rating to an “outperform” rating in a research report on Monday, March 2nd. Wall Street Zen upgraded Aehr Test Systems from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 6th. Lake Street Capital reissued a “buy” rating on shares of Aehr Test Systems in a report on Wednesday, April 8th. Finally, Weiss Ratings upgraded shares of Aehr Test Systems from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $68.00.

Get Our Latest Analysis on AEHR

Aehr Test Systems Trading Up 1.6%

The company has a market cap of $3.04 billion, a PE ratio of -254.56 and a beta of 3.17. The business’s 50 day moving average is $97.10 and its two-hundred day moving average is $55.07.

Aehr Test Systems (NASDAQ:AEHR – Get Free Report) last issued its quarterly earnings results on Tuesday, April 7th. The semiconductor company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.02. The business had revenue of $10.31 million during the quarter, compared to analyst estimates of $10.85 million. Aehr Test Systems had a negative return on equity of 7.15% and a negative net margin of 25.23%. As a group, equities research analysts predict that Aehr Test Systems will post -0.31 EPS for the current fiscal year.

Insider Transactions at Aehr Test Systems

In related news, insider Donald P. Richmond II sold 17,011 shares of the business’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $73.18, for a total value of $1,244,864.98. Following the transaction, the insider directly owned 181,512 shares of the company’s stock, valued at approximately $13,283,048.16. The trade was a 8.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Rhea J. Posedel sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, April 9th. The stock was sold at an average price of $70.00, for a total value of $2,100,000.00. Following the completion of the transaction, the director owned 426,979 shares of the company’s stock, valued at $29,888,530. The trade was a 6.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 375,005 shares of company stock valued at $28,656,178. 6.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Aehr Test Systems

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd purchased a new position in Aehr Test Systems during the fourth quarter valued at $25,000. Sunbelt Securities Inc. bought a new position in shares of Aehr Test Systems during the 3rd quarter valued at about $27,000. State of Wyoming bought a new position in shares of Aehr Test Systems during the 2nd quarter valued at about $28,000. KBC Group NV bought a new position in shares of Aehr Test Systems during the 1st quarter valued at about $30,000. Finally, RiverPark Advisors LLC purchased a new position in shares of Aehr Test Systems during the third quarter valued at about $42,000. Institutional investors own 69.69% of the company’s stock.

About Aehr Test Systems

(Get Free Report)

Aehr Test Systems develops, manufactures and sells semiconductor test and burn-in equipment used by device manufacturers to ensure quality and reliability of integrated circuits. Its products are designed for wafer-level reliability assessment, functional test and stress screening of memory devices, system-on-chips, optical components and power semiconductors. By focusing on wafer-level burn-in and testing processes, the company helps reduce cost and improve yield for high-volume semiconductor production.