Aehr Test Systems (NASDAQ:AEHR) Hits New 1-Year High – Time to Buy?

Aehr Test Systems (NASDAQ:AEHR) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $131.17 and last traded at $130.3270, with a volume of 1104845 shares trading hands. The stock had previously closed at $117.18.

Key Stories Impacting Aehr Test Systems

Here are the key news stories impacting Aehr Test Systems this week:

• Positive Sentiment: Aehr received a $22 million follow-on production order from its lead customer for wafer-level burn-in systems used with advanced AI training and inference processors. The order indicates that the customer is expanding production capacity and provides additional evidence of commercial demand for Aehr’s technology. Aehr Receives $22 Million Follow-On Order for AI Processor Wafer-Level Burn-In Systems
• Positive Sentiment: The announcement adds to recent momentum from record quarterly bookings of $60.7 million, an effective backlog of approximately $100.6 million and fiscal 2027 revenue guidance of $130 million to $150 million. Together, these figures improve visibility into future growth and reinforce Aehr’s positioning in AI infrastructure, silicon photonics and advanced chip testing. Aehr Test Systems Surges on Strong Earnings
• Neutral Sentiment: Analyst coverage remains generally favorable, with several firms maintaining Buy or Strong Buy ratings. However, published price targets vary, and the stock’s valuation has become a key consideration for investors following its sharp rally.
• Negative Sentiment: Vice President Alistair Sporck sold 1,000 shares for approximately $108,490, reducing his holdings by about 4.25%. Broader data reportedly show substantially more insider selling than buying over the past six months, which may raise concerns about profit-taking and executive confidence at elevated prices. Aehr Test Systems VP Sells 1,000 Shares of Stock
• Negative Sentiment: Commentary has cautioned that Aehr shares have gained more than 400% this year and trade at a demanding valuation. That leaves the stock vulnerable to volatility or profit-taking if future orders, revenue growth or execution fail to meet heightened expectations. The Biggest Market Movers: Aehr Test Systems Climbs on Strong Earnings

Analysts Set New Price Targets

Several research firms recently issued reports on AEHR. Craig Hallum reissued a “buy” rating and issued a $125.00 target price on shares of Aehr Test Systems in a research report on Wednesday, July 15th. Weiss Ratings downgraded shares of Aehr Test Systems from a “sell (d)” rating to a “sell (e+)” rating in a research note on Wednesday, July 29th. Freedom Capital upgraded shares of Aehr Test Systems from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Lake Street Capital reissued a “buy” rating and set a $110.00 price objective on shares of Aehr Test Systems in a research note on Wednesday, July 15th. Finally, Wall Street Zen upgraded Aehr Test Systems from a “sell” rating to a “hold” rating in a report on Saturday, July 18th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Aehr Test Systems has an average rating of “Buy” and an average price target of $117.50.

Aehr Test Systems Trading Up 11.7%

The firm has a market cap of $4.27 billion, a PE ratio of -545.56 and a beta of 3.10. The stock’s 50 day moving average price is $91.69 and its 200 day moving average price is $69.64.

Insider Activity

In other Aehr Test Systems news, VP Alistair N. Sporck sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $100.96, for a total value of $201,920.00. Following the transaction, the vice president directly owned 23,547 shares of the company’s stock, valued at $2,377,305.12. This trade represents a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Howard T. Slayen sold 20,000 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $108.30, for a total value of $2,166,000.00. Following the transaction, the director owned 146,367 shares in the company, valued at approximately $15,851,546.10. This represents a 12.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 23,000 shares of company stock worth $2,476,410 over the last three months. 6.80% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Aehr Test Systems

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in shares of Aehr Test Systems during the second quarter worth about $255,476,000. Vanguard Group Inc. boosted its stake in shares of Aehr Test Systems by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 2,337,433 shares of the semiconductor company’s stock valued at $47,193,000 after buying an additional 49,243 shares during the last quarter. Wellington Management Group LLP grew its position in shares of Aehr Test Systems by 129.9% during the fourth quarter. Wellington Management Group LLP now owns 830,664 shares of the semiconductor company’s stock worth $16,771,000 after buying an additional 469,400 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Aehr Test Systems by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 685,694 shares of the semiconductor company’s stock worth $13,846,000 after buying an additional 5,591 shares during the last quarter. Finally, Halter Ferguson Financial Inc. raised its holdings in Aehr Test Systems by 41.7% in the fourth quarter. Halter Ferguson Financial Inc. now owns 642,129 shares of the semiconductor company’s stock valued at $12,965,000 after acquiring an additional 189,117 shares in the last quarter. Hedge funds and other institutional investors own 69.69% of the company’s stock.

About Aehr Test Systems

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.

The company’s product portfolio includes FOX series wafer probe test and burn-in systems as well as ABTS burn-in ovens.