Aehr Test Systems (NASDAQ:AEHR) Stock Price Down 10.4% – Here’s Why

22 Oct 2026, 21:41 by Danessa Lincoln · The Markets Daily

Aehr Test Systems (NASDAQ:AEHR – Get Free Report) shares were down 10.4% during trading on Thursday. The company traded as low as $58.26 and last traded at $57.2230. 585,454 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 2,476,386 shares. The stock had previously closed at $63.88.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Craig Hallum restated a “buy” rating and set a $125.00 target price on shares of Aehr Test Systems in a research note on Wednesday, July 15th. Oppenheimer initiated coverage on Aehr Test Systems in a report on Thursday, September 10th. They issued an “outperform” rating and a $120.00 price target for the company. Zacks Research lowered shares of Aehr Test Systems from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. Weiss Ratings cut shares of Aehr Test Systems from a “sell (d)” rating to a “sell (e+)” rating in a report on Wednesday, July 29th. Finally, Freedom Capital raised shares of Aehr Test Systems from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Aehr Test Systems has a consensus rating of “Moderate Buy” and a consensus price target of $132.50.

View Our Latest Report on Aehr Test Systems

Aehr Test Systems Stock Down 12.9%

The stock has a market capitalization of $1.82 billion, a PE ratio of -231.87 and a beta of 3.47. The business’s 50-day moving average is $91.95 and its two-hundred day moving average is $90.76.

Insider Buying and Selling at Aehr Test Systems

In other news, Director Laura Oliphant sold 1,717 shares of the business’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $133.00, for a total value of $228,361.00. Following the completion of the sale, the director directly owned 16,100 shares of the company’s stock, valued at approximately $2,141,300. The trade was a 9.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Alberto Salamone sold 9,672 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $127.72, for a total value of $1,235,307.84. Following the completion of the sale, the executive vice president directly owned 41,962 shares of the company’s stock, valued at $5,359,386.64. The trade was a 18.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 109,475 shares of company stock valued at $13,827,160. 4.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in Aehr Test Systems in the second quarter valued at approximately $255,476,000. State Street Corp boosted its holdings in shares of Aehr Test Systems by 14.4% in the second quarter. State Street Corp now owns 712,926 shares of the semiconductor company’s stock valued at $68,484,000 after acquiring an additional 89,620 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Aehr Test Systems in the second quarter valued at approximately $64,433,000. AWM Investment Company Inc. acquired a new stake in shares of Aehr Test Systems in the second quarter valued at approximately $36,004,000. Finally, Wellington Management Group LLP grew its position in shares of Aehr Test Systems by 56.0% during the second quarter. Wellington Management Group LLP now owns 238,453 shares of the semiconductor company’s stock worth $22,906,000 after acquiring an additional 85,568 shares during the last quarter. Institutional investors and hedge funds own 69.69% of the company’s stock.

Aehr Test Systems Company Profile

(Get Free Report)

Aehr Test Systems (NASDAQ: AEHR) develops and manufactures test and burn-in equipment used to qualify and screen semiconductor devices. Its systems are designed to identify manufacturing defects and reliability issues before chips are shipped to customers, helping semiconductor manufacturers improve production yields and product quality.