Aehr Test Systems' stock price declined over 17% following its latest earnings report, indicating potential concerns among investors.The company reported a 16% decrease in revenues in fiscal Q1 2026, despite beating estimates.Despite a significant surge in stock price after announcing follow-on orders for its Sonoma systems, recent earnings have tempered investor enthusiasm.Aehr Test Systems, trading on NASDAQ:AEHR, is a small-cap company specializing in semiconductor testing equipment. The company has gain ...

Aehr Test Systems TodayAEHRAehr Test Systems$24.92 -0.93 (-3.60%) 52-Week Range$6.27▼$34.35Price Target$24.00Add to WatchlistAfter posting its largest single-day gain of 2025, small-cap chip stock Aehr Test Systems NASDAQ: AEHR just took a huge hit. On Oct. 7, shares closed down by more than 17% as the market reacted to the company’s latest earnings report. The drop follows a critical announcement Aehr made in late August, which sent shares up by almost 36% in one day. The firm said it had received follow- ...

交易策略与历史 - 交易策略以日内多空投注为主 偶尔进行中短期投资 [1] - 成功应对互联网泡沫破裂 911事件后续影响及次贷危机等市场波动 [2] 行业覆盖范围 - 历史关注重点为科技行业股票 [1] - 近两年覆盖范围扩展至海上钻井与供应行业以及航运业 包括油轮 集装箱船和干散货船 [1] - 密切关注处于早期发展阶段的燃料电池行业 [1]

I am mostly a trader engaging in both long and short bets intraday and occasionally over the short- to medium term. My historical focus has been mostly on tech stocks but over the past couple of years I have also started broad coverage of the offshore drilling and supply industry as well as the shipping industry in general (tankers, containers, drybulk). In addition, I am having a close eye on the still nascent fuel cell industry.I am located in Germany and have worked quite some time as an auditor for Pric ...

营收表现 - 截至2025年8月29日的三个月，公司营收为1096.9万美元，较2024年同期的1311.9万美元下降16%[93] - 分区域看，美国营收从52.3万美元增至481.2万美元，增长820%；亚洲营收从1257.8万美元降至247.6万美元，下降80%[94] 盈利能力指标 - 毛利率为33.9%，较2024年同期的54.0%下降20.1个百分点，主要受产品组合变化、关税增加等因素影响[96] 成本和费用 - 研发费用为284.9万美元，较2024年同期的236.1万美元增长21%，占营收比例为26.0%[97][98] - 销售、一般和行政费用为471.7万美元，较2024年同期的455.8万美元增长3%，占营收比例为43.0%[99] - 公司记录重组费用21.9万美元，主要与裁员相关[100][101] 其他收入及税务 - 利息及其他收入（费用）净额为123万美元，较2024年同期的65.5万美元增长88%，主要得益于130万美元的员工保留税收抵免退款[103][104] - 公司录得所得税收益75.2万美元，而2024年同期为所得税费用15.4万美元[105][106] 现金流表现 - 截至2025年8月29日，现金及现金等价物和受限现金为2470万美元，低于2024年8月30日的4080万美元[107] - 经营活动产生的净现金流出为28.2万美元，相比去年同期的净现金流入238万美元，大幅减少266.2万美元[108] - 投资活动使用的净现金为139.1万美元，相比去年同期的1081.2万美元，减少942.1万美元[108] - 融资活动使用的净现金为15.8万美元，与去年同期的10.6万美元相比，变化不大[108] [111] - 现金及现金等价物净减少182.2万美元，相比去年同期的净减少852.9万美元，改善了670.7万美元[108] 现金流变动驱动因素 - 经营活动现金流减少270万美元，主要驱动因素包括税前利润降低、客户存款和收入确认时机导致的递延收入现金贡献减少[109] - 经营活动现金流减少还由于支付应付账款的现金增加，以及因收入降低导致的应收账款回收现金减少[109] - 经营活动现金流的减少部分被库存采购现金使用的减少所抵消，这源于预期的客户需求降低[109] - 投资活动现金使用的减少主要由于公司在2024财年同期支付了1060万美元用于收购Incal[110] - 投资活动现金使用的减少部分被物业和设备现金支出增加120万美元所抵消，主要与办公室装修相关[110] 债务与表外安排 - 公司无任何表外安排、特殊目的实体投资或未披露的借款或债务[112]

Aehr Test Systems, Inc. (NASDAQ: AEHR ) recently reported its FQ1 2026 earnings, showing a continuation of top-line declines and bottom-line deterioration, leading the stock to plummet as much as 20%. Despite this, I believe the post-earnings sell-off is an overreactionAs a former managing editor at a financial media publication focused on mid and small caps, I am using my experience to present investment opportunities in undervalued companies. My experience, combined with my academic background in financia ...

公司业绩表现 - Aehr Test Systems公司报告FQ1 2026财报显示营收持续下滑且盈利能力恶化导致股价暴跌高达20% [1] 市场反应与观点 - 尽管业绩不佳但财报后的抛售被判断为市场反应过度 [1] 分析师背景 - 分析源自一位曾专注于中小型股金融媒体的前执行编辑其具备金融市场学术背景 [1]

Earnings per Share (EPS) of $0.01 met market expectations, but revenue fell short at $11 million against the anticipated $13.7 million.Aehr's stock experienced a significant decline of 25.7% following the earnings report, attributed to a 16% decrease in revenue year-over-year.The company reported a non-GAAP profit but a GAAP loss of $0.07 per share, with future revenue trends indicated by bookings of $11.4 million and an effective backlog of $17.5 million.Aehr Test Systems (NASDAQ: AEHR) is a prominent play ...

AI投资与市场预期 - 市场对AI领域的资本支出兴趣浓厚，企业需确保能优先获取增长利润所需的技术，但这不意味着AI存在泡沫，而是存在预期重置的机会[1][11] - Oracle股价下跌超过5%，因投资者担忧其云业务利润率低于预期以及部分英伟达芯片交易亏损[11] 政府停摆与经济影响 - 政府停摆进入第二周，导致关键经济数据发布延迟，包括9月非农就业报告，影响美联储下一次利率决策的洞察[5][11] - 凯投宏观分析显示9月新增就业仅为17,000人，低于8月的22,000人，反映出政府停摆造成的数据缺口[9][12] - 政府停摆推动投资者转向黄金等避险资产，金价首次触及每盎司4,000美元[4][11] 行业与个股动态 - 摩根大通因宏观经济状况恶化，将OneMain、Synchrony Financial、SLM和Essent评级下调至中性[6][11] - Trilogy Metals股价飙升超过200%，因白宫宣布投资3,560万美元，成为其10%的股东，旨在开发阿拉斯加的铜和关键矿物国内供应[7][12] - Constellation Brands盘前股价上涨超过3%，因其营收达24.8亿美元，调整后每股收益为3.63美元，超出预期[9][12] - Aehr Test Systems股价下跌20%，因营收同比下降且未提供业绩指引；Dollar Tree股价下跌4%，因杰富瑞下调其评级[8][12] 市场表现与预测 - 周二股市开盘小幅上涨，标普500和纳斯达克指数上涨0.2%，道琼斯指数上涨0.3%[8][12] - 标普500指数在连续8天上涨后下跌0.4%，纳斯达克指数下跌0.7%，道琼斯指数下跌105点（跌幅0.2%）[11] - Janney Montgomery Scott的Dan Wantrobski预测市场可能在2025年进入“破裂式繁荣”，在流动性驱动的涨势中将多个领域推至新高[10][12] 专家观点与资产配置 - 高盛副总裁Robert Kaplan指出黄金年初至今上涨近40%是一个警示信号，投资者因担忧庞大的联邦赤字而回避10年期美国国债[5][11] - Bridgewater Associates创始人Ray Dalio建议投资者将15%的投资组合配置于黄金，因其在投资组合典型部分下跌时表现良好[7][11]

Key Points Aehr Test Systems beat on earnings last night -- sort of. The company reported an adjusted profit, but a big GAAP loss. Sales declined, and new bookings don't look great. 10 stocks we like better than Aehr Test Systems › Aehr Test Systems (NASDAQ: AEHR) stock tumbled 25.7% through 9:45 a.m. ET Tuesday despite beating on both top and bottom lines last night. Heading into the semiconductor quality tester's fiscal Q1 2026 report, analysts expected no better than break-even earnings on sal ...