AEHR
Live chart
What they do
Aehr Test Systems, Inc. provides test solutions for testing, burn-in, and semiconductor devices at wafer level, singulated die, and package level in the United States, Asia, Europe, and the Middle East. The company offers FOX-XP and FOX-NP systems, which are full wafer contact and singulated die/module test and burn-in systems that test, burn-in. It also provides the FOX-CP system, a single-wafer compact test solution for logic, memory.
For information only · Important disclosures
Grades vs sector
No sector grades for AEHR yet. Grades rank S&P 1500 stocks within their sector and refresh after each daily data run, so a stock outside that index or newly covered has none.
Our models
Not held by any of our 5 live models right now.
News
More newsKey stats
Valuation and fundamentals
Valuation & fundamentals
Discounted cash flow
Edit assumptions · recalculates instantly
Free cash flow = operating cash flow − capital spending, trailing 12 months (FY to 2026-05-29). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 3.48 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.
Multiples vs sector
Forward EPS $1.38 vs trailing $-0.23. Forward P/E uses analysts' next-12-month estimate.
Backlog (remaining performance obligations)
Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).
Quality & financial health
Piotroski F-score 3/9 · last two fiscal years
Altman Z-score 45.3 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.
Analysts
Annual history
| FY | Revenue | Net income | Free cash flow |
|---|---|---|---|
| 2026 | $50.0M | $-7.1M | $-5.4M |
| 2025 | $59.0M | $-3.9M | $-12.4M |
| 2024 | $66.2M | $33.2M | $1.0M |
| 2023 | $65.0M | $14.6M | $8.6M |
| 2022 | $50.8M | $9.4M | $1.1M |
| 2021 | $16.6M | $-2.0M | $-2.9M |
From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR -8.4%.
Earnings
| Report | EPS est | Actual | Surprise |
|---|---|---|---|
| 2026-07-14 | -0.01 | 0.11 | +1566.7% |
| 2026-04-07 | -0.07 | -0.05 | +28.6% |
| 2026-01-08 | -0.04 | -0.04 | -9.1% |
| 2025-10-06 | – | 0.01 | – |
| 2025-07-08 | -0.01 | -0.01 | +33.3% |
| 2025-04-08 | 0.04 | 0.07 | +75.0% |
| 2025-01-13 | 0.03 | 0.02 | -33.3% |
| 2024-10-10 | 0.02 | 0.07 | +366.7% |
Quarterly revenue
| Quarter | Revenue | YoY |
|---|---|---|
| 2026-05-31 | $18.8M | +33.7% |
| 2026-02-28 | $10.3M | – |
| 2025-11-30 | $9.9M | – |
| 2025-08-31 | $11.0M | – |
| 2025-05-31 | $14.1M | – |
Analyst actions
PT $120
PT $175
PT $38
PT $24
PT $23
Stats refreshed 2026-10-21 01:32:31 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now
Independent research · Not investment advice · Important disclosures · Contact desk@coteau.app
Coteau Systematic Strategies publishes stock research and model portfolios. Results are hypothetical unless marked Live. Data: Yahoo Finance (15-min delayed), SEC EDGAR and the House Clerk.
Beta 0.9 · Oct 21, 2026