AEIS Stock - Advanced Energy Industries, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $1.48B | $1.66B | $1.85B | $1.46B | $1.42B |
| Gross Profit | $529.34M | $592.40M | $675.51M | $532.32M | $541.87M |
| Gross Margin | 35.7% | 35.8% | 36.6% | 36.6% | 38.3% |
| Operating Income | $36.61M | $113.69M | $233.09M | $151.68M | $176.02M |
| Net Income | $54.21M | $128.28M | $199.66M | $134.74M | $134.68M |
| Net Margin | 3.7% | 7.7% | 10.8% | 9.3% | 9.5% |
| EPS | $1.45 | $0.87 | $5.33 | $3.53 | $3.52 |
Advanced Energy Industries, Inc. designs, manufactures, sells, and supports precision power conversion, measurement, and control solutions worldwide. It offers plasma power solutions, including direct current (DC), pulsed DC, low frequency alternating current, high voltage, and radio frequency (RF) power supplies, as well as RF power supplies, RF matching networks, and RF instrumentation products; and remote plasma sources for reactive gas applications. The company also provides power control modules and thermal instrumentation products for rapid thermal processing, chemical vapor deposition, epitaxy, crystal growing, and chemical processing, as well as metal, carbon fiber, and glass manufacturing and other industrial power applications; high voltage DC-DC products for semiconductor wafer processing and metrology, electrostatic clamping of substrates, scientific instrumentation, mass spectrometry, and X-ray systems for industrial and analytical applications; and low voltage DC-DC board mounted solutions for use in healthcare, telecommunications, test and measurement, instrumentation, and industrial equipment applications, as well as distributed power in server and storage systems. In addition, it offers gas sensing and monitoring products for the energy market, air quality monitoring, and automobile emission monitoring and testing; and embedded power products for medical equipment or IEC 60950-1 for information technology equipment. Further, it offers conversions, upgrades, and refurbishments and used equipment to companies, as well as repair services. The company provides its products through a direct sales force, independent sales representatives, channel partners, and distributors. Advanced Energy Industries, Inc. was incorporated in 1981 and is headquartered in Denver, Colorado.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 5th 2025 | TD Cowen | Reiterated | Hold | $210← $140 |
| August 6th 2025 | TD Cowen | Reiterated | Hold | $140← $118 |
| January 7th 2025 | Needham | Upgrade | Buy | $145 |
| January 6th 2025 | Citigroup | Upgrade | Buy | $138← $110 |
| December 16th 2024 | BofA Securities | Upgrade | Buy | $140 |
| October 31st 2024 | TD Cowen | Reiterated | Hold | $118← $120 |
| September 20th 2024 | Robert W. Baird | Initiation | Outperform | $128 |
| August 15th 2024 | Stifel | Initiation | Buy | $135 |
| July 31st 2024 | TD Cowen | Reiterated | Hold | $120← $100 |
| July 15th 2024 | Citigroup | Downgrade | Neutral | $113 |
| December 6th 2023 | Seaport Research Partners | Initiation | Neutral | - |
| November 30th 2023 | BofA Securities | Initiation | Neutral | $105 |
| November 21st 2023 | Wells Fargo | Initiation | Equal Weight | $100 |
| June 14th 2023 | Needham | Downgrade | Hold | - |
| November 4th 2022 | Citigroup | Upgrade | Buy | $95← $100 |
Earnings History & Surprises
AEISEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 28, 2026 | — | — | — | — |
Q1 2026 | Feb 11, 2026 | $1.76 | — | — | — |
Q4 2025 | Nov 4, 2025 | $1.47 | $1.74 | +18.4% | ✓ BEAT |
Q3 2025 | Aug 5, 2025 | $1.28 | $1.50 | +17.2% | ✓ BEAT |
Q2 2025 | Apr 30, 2025 | $1.04 | $1.23 | +18.3% | ✓ BEAT |
Q1 2025 | Feb 12, 2025 | $1.09 | $1.30 | +19.3% | ✓ BEAT |
Q4 2024 | Oct 30, 2024 | $0.92 | $0.98 | +6.5% | ✓ BEAT |
Q3 2024 | Jul 30, 2024 | $0.69 | $0.85 | +23.2% | ✓ BEAT |
Q2 2024 | May 1, 2024 | $0.71 | $0.58 | -18.3% | ✗ MISS |
Q1 2024 | Feb 6, 2024 | $1.16 | $1.24 | +6.9% | ✓ BEAT |
Q4 2023 | Oct 31, 2023 | $1.16 | $1.28 | +10.3% | ✓ BEAT |
Q3 2023 | Aug 3, 2023 | $1.07 | $1.11 | +3.7% | ✓ BEAT |
Q2 2023 | May 3, 2023 | $1.12 | $1.24 | +10.7% | ✓ BEAT |
Q1 2023 | Feb 8, 2023 | $1.58 | $1.70 | +7.6% | ✓ BEAT |
Q4 2022 | Nov 1, 2022 | $1.38 | $2.12 | +53.6% | ✓ BEAT |
Q3 2022 | Aug 3, 2022 | $1.11 | $1.44 | +29.7% | ✓ BEAT |
Q2 2022 | May 4, 2022 | $0.95 | $1.24 | +30.5% | ✓ BEAT |
Q1 2022 | Feb 9, 2022 | $0.94 | $1.36 | +44.7% | ✓ BEAT |
Q4 2021 | Nov 8, 2021 | $0.84 | $0.89 | +6.0% | ✓ BEAT |
Q3 2021 | Aug 4, 2021 | $1.29 | $1.25 | -3.1% | ✗ MISS |
Latest News
TD Cowen Maintains Hold on Advanced Energy Indus, Raises Price Target to $210
➖ NeutralWells Fargo Maintains Equal-Weight on Advanced Energy Indus, Raises Price Target to $215
➖ NeutralBenchmark Maintains Buy on Advanced Energy Indus, Raises Price Target to $225
📈 PositiveAdvanced Energy Industries shares are trading higher after the company reported better-than-expected Q3 financial results and issued Q4 sales guidance above estimates. Also, multiple firms raised their respective price targets on the stock.
📈 PositiveKeybanc Maintains Overweight on Advanced Energy Indus, Raises Price Target to $240
📈 PositiveNeedham Maintains Buy on Advanced Energy Indus, Raises Price Target to $225
📈 PositiveAdvanced Energy Indus Sees Q4 GAAP EPS $0.87-$1.37 vs $1.10 Est
📈 PositiveAdvanced Energy Indus Sees Q4 Adj EPS $1.50-$2.00 vs $1.53 Est; Sees Sales $450.000M-$490.000M vs $445.793M Est
📈 PositiveAdvanced Energy Indus Q3 Adj. EPS $1.74 Beats $1.47 Estimate, Sales $463.300M Beat $441.589M Estimate
📈 PositiveNeedham Maintains Buy on Advanced Energy Indus, Raises Price Target to $188
📈 PositiveKeybanc Maintains Overweight on Advanced Energy Indus, Raises Price Target to $195
📈 PositiveAdvanced Energy Industries Reveals 1300 W and 1600 W Ultra Efficient DC-DC Converter; Two New Quarter Brick Modules Provide 48 V To 12 V Conversion At 98% Efficiency That Can Be Used In High-End ICT And Industrial Applications
📈 PositiveKeybanc Maintains Overweight on Advanced Energy Indus, Raises Price Target to $180
📈 PositiveFrequently Asked Questions about AEIS
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