Aehr Test Systems (AEHR) closed the most recent trading day at $17.10, moving +0.88% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.13%. On the other hand, the Dow registered a gain of 0.13%, and the technology-centric Nasdaq decreased by 0.32%.Shares of the company have appreciated by 1.19% over the course of the past month, underperforming the Computer and Technology sector's gain of 2.15% and the S&P 500's gain of 2.99%.Analysts and investors alike will ...

Comezora/Moment via Getty Images Today, I aim to highlight the opportunity set for Aehr Test Systems (NASDAQ:AEHR) after the company's weak share price performance since late last year. Data by YCharts I have previously written an in-depth article on AEHR that can be found here, highlighting the SiC opportunity, the AEHR differentiation factor, its key products and customers. As such, I will not be repeating those points in this article. The risk/reward opportunity looks way more attractive today than it di ...

The electric vehicle (EV) market may be heading toward a slump in 2024. During Tesla’s Q4 earnings call, CEO Elon Musk warned the famed EV maker could experience slower growth in 2024. Although Elon Musk is not the only industry expert to warn of a potential slowdown, that doesn’t mean investors should not actively be looking for EV stocks to put on their must-watch list. Supportive government policies, technological advances and changes to consumer preferences will continue supporting demand for EVs in the ...

Have you noticed the headlines about potential interest rate cuts this year? I bet your portfolio has, too. The potential for the Federal Reserve to begin cutting interest rates is a big deal. Indeed, such a move could mean big upside for some unloved stocks in 2024. Inflation is cooling, and the economy seems strong enough for the Fed to step back and take a breather. Rate cuts could come as early as this spring. That means now could be the perfect time to grab shares in a few companies that should pop whe ...

Shares of small semiconductor manufacturing equipment company Aehr Test Systems (AEHR -0.33%) -- provider of silicon carbide (SiC) test and burn-in machines used in electric vehicle parts production -- have made a stunning round trip the past few years. As auto sales, and especially EV sales, started to heat up during the pandemic, Aehr stock skyrocketed into investors' collective consciousness, owing to the critical nature of its manufacturing equipment.But times have changed, and EV market growth is slowi ...

Loading...Loading...The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here’s the latest ...

After soaring well over 100% in value in 2023 through the summer and early autumn months, shares of electric vehicle (EV) electronics equipment supplier Aehr Test Systems (AEHR -4.17%) have reversed course. In fact, after its most recent earnings update, the stock has given up all of its 2023 gains and then some. Nevertheless, Aehr has earned itself a spot as an investor favorite in the EV supply chain for good reason. After getting clobbered, is Aehr stock a buy for 2024 and beyond?Getting up to (EV) speed ...

During the AI rally last year, many leading AI stocks soared to dizzying heights, becoming some of the most expensive names on the market. Investors were willing to pay sky-high premiums for these high-flyers, with Nvidia’s (NASDAQ:NVDA) share price approaching $550 at its peak. Nvidia now trades at a whopping 30 times sales (higher than 96% of semiconductor stocks), despite fierce competition from rivals racing to develop their own AI chips to claw away market share.But this article isn’t about Nvidia or o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to ______________ Commission File Number 000-22893 AEHR TEST SYSTEMS (Exact name of Registrant as Specified in its Charter) California 94-2424084 (Sta ...

Shares of Aehr Test Systems (AEHR -16.82%) fell 16.8% on Wednesday after the semiconductor test equipment company's weak forward outlook overshadowed an otherwise solid quarterly report.For Aehr's fiscal second quarter 2024 ended Nov. 30, 2023, revenue grew 45% year over year to $21.4 million, translating to adjusted non-GAAP (generally accepted accounting principles) net income of $6.7 million, or $0.23 per share. Analysts, on average, were only expecting earnings of $0.19 per share on revenue of $20.9 mil ...