Extremely important negative changes in investment behavior have recently occurred for Applied Optoelectronics Inc (NASDAQ: AAOI): the stock’s recent price decline challenged its longer term uptrend, and negative upside/downside volume developed.
Notable negative changes in fundamentals have recently occurred for Applied Optoelectronics Inc (NASDAQ: AAOI): the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, AAOI is expected to be an important Value Builder.
Applied Optoelectronics has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Applied Optoelectronics has a poor Appreciation Score of 17 but a very high Power Rating of 89, leading to the Neutral Value Trend Rating.
Recent Price Action
Applied Optoelectronics Inc (NASDAQ: AAOI) stock declined modestly by -1.7% on 3/15/24. The stock closed at $12.70. However, exceptionally low trading volume at 44% of normal accompanied the decline. The stock has declined -14.4% during the last week but has been exceptionally strong relative to the market over the last nine months.
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