AEHR
Aehr Test Systems, Inc.
Price Chart
Latest Quote
$98.45
| Previous Close | $116.58 |
| Open | $110.27 |
| Day High | $111.79 |
| Day Low | $96.92 |
| Volume | 2,313,631 |
Stock Information
| Shares Outstanding | 31.45M |
| Total Debt | $10.03M |
| Cash Equivalents | $36.91M |
| Revenue | $45.26M |
| Net Income | $-11.42M |
| Sector | Technology |
| Industry | Semiconductor Equipment & Materials |
| Market Cap | $3.10B |
| EPS (TTM) | $-0.38 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $3.07B |
| Sales | $45.26M |
| Income | $-11.42M |
| Book/sh | $4.48 |
| Cash/sh | $1.17 |
| Employees | 136 |
Financial Ratios
| Quick Ratio | 5.79 |
| Current Ratio | 10.97 |
| Debt/Eq | 7.22 |
Returns & Margins
| ROA | -6.10% |
| ROE | -8.68% |
| Gross Margin | 30.72% |
| Operating Margin | -41.01% |
| Profit Margin | -25.23% |
Ownership
| Insider Ownership | 4.57% |
| Institutional Ownership | 72.67% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 656.33 |
| PEG | 0.90 |
| P/S | 68.42 |
| P/B | 21.96 |
Analyst Data
| Recommendation | strong_buy |
| Target Price | $63.67 |
Technical Indicators
| SMA20 | $99.16 |
| SMA50 | $83.28 |
| SMA200 | $41.54 |
| RSI | 49.51 |
| ATR | 12.2393 |
| Shares Float | 28.41M |
| Short Float | 16.08% |
| Short Ratio | 1.43 |
| Volatility | 3.18 |
| Rel Volume | 0.93 |
Performance History
| Week | +6.63% |
| Month | +1.78% |
| Quarter | +176.47% |
| 6 Months | +297.62% |
| YTD | +344.27% |
| Year | +742.17% |
| 3 Years | +198.15% |
| 5 Years | +4275.56% |
| 10 Years | +9100.93% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-05 | $98.45 | 2,339,900 |
| 2026-06-04 | $116.58 | 1,769,400 |
| 2026-06-03 | $114.59 | 2,769,100 |
| 2026-06-02 | $113.00 | 2,600,900 |
| 2026-06-01 | $93.62 | 1,527,200 |
| 2026-05-29 | $92.33 | 1,877,300 |
| 2026-05-28 | $99.99 | 1,577,100 |
| 2026-05-27 | $103.82 | 2,802,800 |
| 2026-05-26 | $109.92 | 2,689,100 |
| 2026-05-22 | $95.02 | 1,857,300 |
| 2026-05-21 | $91.30 | 1,986,400 |
| 2026-05-20 | $82.34 | 1,699,000 |
| 2026-05-19 | $81.14 | 2,763,100 |
| 2026-05-18 | $83.57 | 3,956,600 |
| 2026-05-15 | $99.50 | 2,183,600 |
| 2026-05-14 | $106.34 | 2,113,000 |
| 2026-05-13 | $103.25 | 3,249,600 |
| 2026-05-12 | $96.72 | 3,683,100 |
| 2026-05-11 | $104.56 | 3,005,300 |
| 2026-05-08 | $97.23 | 3,842,800 |
| 2026-05-07 | $91.26 | 1,960,500 |
| 2026-05-06 | $96.73 | 2,261,000 |
About Aehr Test Systems, Inc.
Aehr Test Systems, Inc. provides test solutions for testing, burning-in, and semiconductor devices in wafer level, singulated die, package part form, and installed systems in the United States, Asia, and Europe. Its product portfolio includes FOX-XP and FOX-NP systems that are full wafer contact and singulated die/module test and burn-in systems that test, burn-in, and stabilize range of devices, including silicon carbide-based and other power semiconductors, 2D, and 3D sensors used in mobile phones, tablets and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices. The company offers FOX-CP system, a low-cost single-wafer compact test solution for logic, memory, and photonic devices; and FOX WaferPak Contactor, a full wafer contactor capable of testing wafers up to 300mm that enables integrated circuit manufacturers to perform test, burn-in, and stabilization of full wafers on the FOX-P systems. In addition, it provides FOX DiePak Carrier, which allows testing, burning in, and stabilization of singulated bare die and modules; and FOX DiePak Loader. The company was incorporated in 1977 and is headquartered in Fremont, California.
đ° Latest News
Assessing Aehr Test Systems (AEHR) Valuation After Powerful Share Price Momentum And Insider Selling
Simply Wall St. âĸ 2026-06-03T22:08:18ZWhat Aehr Test Systems (AEHR)'s AI-Focused Wafer Test Push Means For Shareholders
Simply Wall St. âĸ 2026-06-03T08:09:51ZAre Computer and Technology Stocks Lagging Aehr Test Systems (AEHR) This Year?
Zacks âĸ 2026-06-01T13:40:04ZAehr To Deliver $41M Record Production Order to Hyperscale AI Customer
IPO-Edge.com âĸ 2026-05-19T21:01:56ZBull of the Day: Viavi Solutions (VIAV)
Zacks âĸ 2026-05-19T09:20:00ZAehr Test Systems Contract Spurs Questions On AI Demand And Valuation
Simply Wall St. âĸ 2026-05-16T16:14:52ZIs Aehr Test Systems (AEHR) Stock Outpacing Its Computer and Technology Peers This Year?
Zacks âĸ 2026-05-15T13:40:04ZMy Top 2 AI Stocks Flying Under the Radar for May 2026
Motley Fool âĸ 2026-05-14T05:20:00ZWinner of My Stock-Picking Derby Sold Her Top Pick Too Soon
GuruFocus.com âĸ 2026-05-12T08:26:47ZMeet the Super Semiconductor Stock Obliterating Nvidia, AMD, and Broadcom Right Now
Motley Fool âĸ 2026-05-08T16:55:00ZIncome Statement (Annual)
| Metric | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $35,035,000 | $33,675,000 | $32,215,000 | $27,164,000 |
| Cost Of Revenue | $35,035,000 | $33,675,000 | $32,215,000 | $27,164,000 |
| Total Revenue | $58,968,000 | $66,218,000 | $64,961,000 | $50,829,000 |
| Operating Revenue | $58,968,000 | $66,218,000 | $64,961,000 | $50,829,000 |
| Expenses | ||||
| Total Expenses | $63,781,000 | $56,140,000 | $51,586,000 | $43,029,000 |
| Other Income Expense | $-879,000 | $-8,000 | $-3,000 | $1,728,000 |
| Other Non Operating Income Expenses | $-15,000 | $-8,000 | $-3,000 | $30,000 |
| Net Non Operating Interest Income Expense | $1,401,000 | $2,388,000 | $1,245,000 | $13,000 |
| Operating Expense | $28,746,000 | $22,465,000 | $19,371,000 | $15,865,000 |
| Total Other Finance Cost | - | - | $-1,245,000 | $-13,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-3,910,000 | $33,156,000 | $14,557,000 | $9,450,000 |
| Net Interest Income | $1,401,000 | $2,388,000 | $1,245,000 | $13,000 |
| Interest Income | $1,401,000 | $2,388,000 | $1,245,000 | $13,000 |
| Normalized Income | $-3,122,896 | $33,156,000 | $14,557,000 | $7,770,678 |
| Net Income From Continuing And Discontinued Operation | $-3,910,000 | $33,156,000 | $14,557,000 | $9,450,000 |
| Total Operating Income As Reported | $-5,677,000 | $10,078,000 | $13,375,000 | $7,800,000 |
| Net Income Common Stockholders | $-3,910,000 | $33,156,000 | $14,557,000 | $9,450,000 |
| Net Income | $-3,910,000 | $33,156,000 | $14,557,000 | $9,450,000 |
| Net Income Including Noncontrolling Interests | $-3,910,000 | $33,156,000 | $14,557,000 | $9,450,000 |
| Net Income Continuous Operations | $-3,910,000 | $33,156,000 | $14,557,000 | $9,450,000 |
| Pretax Income | $-4,291,000 | $12,458,000 | $14,617,000 | $9,541,000 |
| Special Income Charges | $-864,000 | $0 | $0 | $1,698,000 |
| Interest Income Non Operating | $1,401,000 | $2,388,000 | $1,245,000 | $13,000 |
| Operating Income | $-4,813,000 | $10,078,000 | $13,375,000 | $7,800,000 |
| Gross Profit | $23,933,000 | $32,543,000 | $32,746,000 | $23,665,000 |
| Per Share | ||||
| Diluted EPS | - | $1.12 | $0.50 | $0.34 |
| Basic EPS | - | $1.15 | $0.52 | $0.36 |
| Other | ||||
| Tax Effect Of Unusual Items | $-76,896 | $0 | $0 | $18,678 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-561,000 | $11,441,000 | $14,474,000 | $7,147,000 |
| Total Unusual Items | $-864,000 | $0 | $0 | $1,698,000 |
| Total Unusual Items Excluding Goodwill | $-864,000 | $0 | $0 | $1,698,000 |
| Reconciled Depreciation | $3,388,000 | $1,363,000 | $1,099,000 | $1,045,000 |
| EBITDA (Bullshit earnings) | $-1,425,000 | $11,441,000 | $14,474,000 | $8,845,000 |
| EBIT | $-4,813,000 | $10,078,000 | $13,375,000 | $7,800,000 |
| Diluted NI Availto Com Stockholders | $-3,910,000 | $33,156,000 | $14,557,000 | $9,450,000 |
| Tax Provision | $-381,000 | $-20,698,000 | $60,000 | $91,000 |
| Restructuring And Mergern Acquisition | $864,000 | $0 | $0 | $0 |
| Research And Development | $10,463,000 | $8,719,000 | $7,134,000 | $5,818,000 |
| Selling General And Administration | $18,283,000 | $13,746,000 | $12,237,000 | $10,047,000 |
| Diluted Average Shares | - | $29,617,000 | $29,215,000 | $27,774,000 |
| Basic Average Shares | - | $28,818,000 | $27,785,000 | $26,014,000 |
| Gain On Sale Of Business | - | - | $0 | $0 |
| Gain On Sale Of Security | - | - | $-3,000 | $32,000 |
| Other Special Charges | - | - | - | $-1,698,000 |
| Minority Interests | - | - | - | - |
| Gain On Sale Of Ppe | - | - | - | - |
Balance Sheet (Annual)
| Metric | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $101,371,000 | $111,593,000 | $75,600,000 | $50,989,000 |
| Total Assets | $148,508,000 | $127,912,000 | $98,143,000 | $62,328,000 |
| Total Non Current Assets | $59,730,000 | $30,064,000 | $9,113,000 | $2,321,000 |
| Other Non Current Assets | $546,000 | $304,000 | $231,000 | $201,000 |
| Non Current Deferred Assets | $19,114,000 | $20,773,000 | $0 | - |
| Non Current Deferred Taxes Assets | $19,114,000 | $20,773,000 | $0 | - |
| Goodwill And Other Intangible Assets | $21,500,000 | $0 | - | - |
| Other Intangible Assets | $10,781,000 | - | - | - |
| Current Assets | $88,778,000 | $97,848,000 | $89,030,000 | $60,007,000 |
| Other Current Assets | $8,061,000 | $1,423,000 | $621,000 | $613,000 |
| Restricted Cash | $200,000 | - | - | - |
| Inventory | $41,997,000 | $37,470,000 | $23,908,000 | $15,051,000 |
| Receivables | $14,191,000 | $9,796,000 | $16,594,000 | $12,859,000 |
| Accounts Receivable | $14,191,000 | $9,796,000 | $16,594,000 | $12,859,000 |
| Cash Cash Equivalents And Short Term Investments | $24,329,000 | $49,159,000 | $47,907,000 | $31,484,000 |
| Cash And Cash Equivalents | $24,329,000 | $49,159,000 | $30,054,000 | $31,484,000 |
| Cash Equivalents | $21,261,000 | $44,130,000 | $26,872,000 | $28,529,000 |
| Cash Financial | $3,068,000 | $5,029,000 | $3,182,000 | $2,955,000 |
| Allowance For Doubtful Accounts Receivable | - | - | $0 | $0 |
| Gross Accounts Receivable | - | - | $16,594,000 | $12,859,000 |
| Prepaid Assets | - | - | - | $613,000 |
| Debt | ||||
| Total Debt | $10,830,000 | $6,197,000 | $6,300,000 | $1,006,000 |
| Long Term Debt And Capital Lease Obligation | $9,921,000 | $5,732,000 | $6,163,000 | $212,000 |
| Current Debt And Capital Lease Obligation | $909,000 | $465,000 | $137,000 | $794,000 |
| Current Debt | - | - | - | - |
| Other Current Borrowings | - | - | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $25,637,000 | $16,319,000 | $22,543,000 | $11,339,000 |
| Total Non Current Liabilities Net Minority Interest | $9,999,000 | $5,811,000 | $6,235,000 | $325,000 |
| Other Non Current Liabilities | $42,000 | $38,000 | $41,000 | $44,000 |
| Non Current Deferred Liabilities | $36,000 | $41,000 | $31,000 | $69,000 |
| Current Liabilities | $15,638,000 | $10,508,000 | $16,308,000 | $11,014,000 |
| Current Deferred Liabilities | $1,981,000 | $1,345,000 | $2,822,000 | $2,415,000 |
| Payables And Accrued Expenses | $12,320,000 | $8,464,000 | $13,349,000 | $7,395,000 |
| Payables | $8,490,000 | $5,332,000 | $9,206,000 | $4,208,000 |
| Other Payable | $1,762,000 | - | - | - |
| Accounts Payable | $6,728,000 | $5,332,000 | $9,206,000 | $4,195,000 |
| Total Tax Payable | - | - | $22,000 | $13,000 |
| Interest Payable | - | - | - | $0 |
| Equity | ||||
| Common Stock Equity | $122,871,000 | $111,593,000 | $75,600,000 | $50,989,000 |
| Total Equity Gross Minority Interest | $122,871,000 | $111,593,000 | $75,600,000 | $50,989,000 |
| Stockholders Equity | $122,871,000 | $111,593,000 | $75,600,000 | $50,989,000 |
| Gains Losses Not Affecting Retained Earnings | $-126,000 | $-158,000 | $-155,000 | $-105,000 |
| Other Equity Adjustments | $-126,000 | $-158,000 | $-155,000 | $-105,000 |
| Retained Earnings | $-23,060,000 | $-19,150,000 | $-52,306,000 | $-66,863,000 |
| Other | ||||
| Ordinary Shares Number | $29,877,000 | $28,995,000 | $28,539,000 | $27,120,000 |
| Share Issued | $29,877,000 | $28,995,000 | $28,539,000 | $27,120,000 |
| Tangible Book Value | $101,371,000 | $111,593,000 | $75,600,000 | $50,989,000 |
| Invested Capital | $122,871,000 | $111,593,000 | $75,600,000 | $50,989,000 |
| Working Capital | $73,140,000 | $87,340,000 | $72,722,000 | $48,993,000 |
| Capital Lease Obligations | $10,830,000 | $6,197,000 | $6,300,000 | $1,006,000 |
| Total Capitalization | $122,871,000 | $111,593,000 | $75,600,000 | $50,989,000 |
| Additional Paid In Capital | $145,758,000 | $130,612,000 | $127,776,000 | $117,686,000 |
| Capital Stock | $299,000 | $289,000 | $285,000 | $271,000 |
| Common Stock | $299,000 | $289,000 | $285,000 | $271,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Non Current Deferred Revenue | $36,000 | $41,000 | $31,000 | $69,000 |
| Long Term Capital Lease Obligation | $9,921,000 | $5,732,000 | $6,163,000 | $212,000 |
| Current Deferred Revenue | $1,981,000 | $1,345,000 | $2,822,000 | $2,415,000 |
| Current Capital Lease Obligation | $909,000 | $465,000 | $137,000 | $794,000 |
| Current Provisions | $428,000 | $234,000 | $267,000 | $410,000 |
| Current Accrued Expenses | $3,830,000 | $3,132,000 | $4,143,000 | $3,187,000 |
| Goodwill | $10,719,000 | $0 | - | - |
| Net PPE | $18,570,000 | $8,987,000 | $8,882,000 | $2,120,000 |
| Accumulated Depreciation | $-5,467,000 | $-4,966,000 | $-7,700,000 | $-7,260,000 |
| Gross PPE | $24,037,000 | $13,953,000 | $16,582,000 | $9,380,000 |
| Leases | $5,999,000 | $1,298,000 | $1,310,000 | $1,230,000 |
| Construction In Progress | $362,000 | $638,000 | - | - |
| Other Properties | $12,499,000 | $7,662,000 | $9,121,000 | $3,440,000 |
| Machinery Furniture Equipment | $5,177,000 | $4,355,000 | $6,151,000 | $4,710,000 |
| Properties | $0 | $0 | $0 | $0 |
| Finished Goods | $2,090,000 | $1,467,000 | $2,191,000 | $83,000 |
| Work In Process | $9,263,000 | $13,593,000 | $5,764,000 | $5,461,000 |
| Raw Materials | $30,644,000 | $22,410,000 | $15,953,000 | $9,507,000 |
| Other Short Term Investments | - | $0 | $17,853,000 | $0 |
| Minority Interest | - | - | - | $0 |
| Line Of Credit | - | - | - | $0 |
Cash Flow Statement (Annual)
| Metric | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-12,392,000 | $1,007,000 | $8,649,000 | $1,092,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-7,400,000 | $1,756,000 | $10,011,000 | $1,508,000 |
| Cash Flow From Continuing Operating Activities | $-7,400,000 | $1,756,000 | $10,011,000 | $1,508,000 |
| Operating Gains Losses | - | - | - | $-1,698,000 |
| Investing Activities | ||||
| Capital Expenditure | $-4,992,000 | $-749,000 | $-1,362,000 | $-416,000 |
| Investing Cash Flow | $-16,067,000 | $17,251,000 | $-18,656,000 | $-416,000 |
| Cash Flow From Continuing Investing Activities | $-16,067,000 | $17,251,000 | $-18,656,000 | $-416,000 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $0 | - | $6,820,000 | $24,030,000 |
| Financing Cash Flow | $625,000 | $139,000 | $7,322,000 | $25,761,000 |
| Cash Flow From Continuing Financing Activities | $625,000 | $139,000 | $7,322,000 | $25,761,000 |
| Net Other Financing Charges | $-784,000 | $-1,596,000 | $-2,060,000 | $-429,000 |
| Net Common Stock Issuance | $0 | $-72,000 | $6,820,000 | $24,030,000 |
| Common Stock Issuance | $0 | - | $6,820,000 | $24,030,000 |
| Repurchase Of Capital Stock | - | $-72,000 | $-2,060,000 | $-429,000 |
| Other | ||||
| Interest Paid Supplemental Data | $0 | $0 | $15,000 | $12,000 |
| Income Tax Paid Supplemental Data | $100,000 | $90,000 | $21,000 | $4,000 |
| End Cash Position | $26,480,000 | $49,309,000 | $30,204,000 | $31,564,000 |
| Beginning Cash Position | $49,309,000 | $30,204,000 | $31,564,000 | $4,662,000 |
| Effect Of Exchange Rate Changes | $13,000 | $-41,000 | $-37,000 | $49,000 |
| Changes In Cash | $-22,842,000 | $19,146,000 | $-1,323,000 | $26,853,000 |
| Proceeds From Stock Option Exercised | $1,409,000 | $1,807,000 | $2,562,000 | $3,560,000 |
| Net Investment Purchase And Sale | $0 | $18,000,000 | $-17,294,000 | $0 |
| Sale Of Investment | $0 | $18,000,000 | $16,000,000 | $0 |
| Purchase Of Investment | $0 | $0 | $-33,294,000 | $0 |
| Net Business Purchase And Sale | $-11,075,000 | $0 | $0 | - |
| Purchase Of Business | $-11,075,000 | $0 | $0 | - |
| Net PPE Purchase And Sale | $-4,992,000 | $-749,000 | $-1,362,000 | $-416,000 |
| Purchase Of PPE | $-4,992,000 | $-749,000 | $-1,362,000 | $-416,000 |
| Change In Working Capital | $-12,203,000 | $-14,378,000 | $-7,841,000 | $-10,295,000 |
| Change In Other Working Capital | $143,000 | $-1,469,000 | $369,000 | $2,196,000 |
| Change In Other Current Liabilities | $-699,000 | $-423,000 | $-561,000 | $-738,000 |
| Change In Accrued Expense | $-378,000 | $-792,000 | $528,000 | $1,464,000 |
| Change In Payable | $-779,000 | $-3,877,000 | $5,052,000 | $1,362,000 |
| Change In Account Payable | $-714,000 | $-3,891,000 | $5,044,000 | $1,356,000 |
| Change In Tax Payable | $-65,000 | $14,000 | $8,000 | $6,000 |
| Change In Income Tax Payable | $-65,000 | $14,000 | $8,000 | $6,000 |
| Change In Prepaid Assets | $-5,012,000 | $-875,000 | $28,000 | $-71,000 |
| Change In Inventory | $-2,441,000 | $-13,732,000 | $-9,469,000 | $-6,674,000 |
| Change In Receivables | $-3,037,000 | $6,790,000 | $-3,788,000 | $-7,834,000 |
| Changes In Account Receivables | $-3,037,000 | $6,790,000 | $-3,788,000 | $-7,834,000 |
| Stock Based Compensation | $5,162,000 | $2,518,000 | $2,748,000 | $3,006,000 |
| Provisionand Write Offof Assets | $0 | $0 | $24,000 | $0 |
| Asset Impairment Charge | $584,000 | $0 | $0 | - |
| Amortization Of Securities | $0 | $-130,000 | $-576,000 | $0 |
| Deferred Tax | $-421,000 | $-20,773,000 | $0 | $0 |
| Deferred Income Tax | $-421,000 | $-20,773,000 | $0 | $0 |
| Depreciation Amortization Depletion | $3,388,000 | $1,363,000 | $1,099,000 | $1,045,000 |
| Depreciation And Amortization | $3,388,000 | $1,363,000 | $1,099,000 | $1,045,000 |
| Depreciation | $3,388,000 | $1,363,000 | $1,099,000 | $1,045,000 |
| Net Income From Continuing Operations | $-3,910,000 | $33,156,000 | $14,557,000 | $9,450,000 |
| Repayment Of Debt | - | $0 | $0 | $-1,400,000 |
| Common Stock Payments | - | $-72,000 | $-2,060,000 | $-429,000 |
| Net Issuance Payments Of Debt | - | $0 | $0 | $-1,400,000 |
| Net Long Term Debt Issuance | - | $0 | $0 | $-1,400,000 |
| Long Term Debt Payments | - | $0 | $0 | $-1,400,000 |
| Net Short Term Debt Issuance | - | - | $0 | $-1,400,000 |
| Other Non Cash Items | - | - | $88,000 | $-49,000 |
| Gain Loss On Sale Of Business | - | - | $0 | $0 |
| Issuance Of Debt | - | - | - | $0 |
| Long Term Debt Issuance | - | - | - | $0 |
| Gain Loss On Sale Of PPE | - | - | - | $0 |